NOT LISTED FOR SALE

Estimated Value: $140,000 - $199,000

0.55 Acre
$307,394 Price per Acre
23,901 Sq Ft Lot

Last Sold August 18, 2023

Last sale price $185,000

Est. 9% decrease in value since last sale

Current estimated payment $1,187/month

19 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Golf Course Community
  • Lake View
  • Anderson Island Elementary School Rated A-
  • Community Boat Launch
  • 0.55 Acre Lot

About This Lot

As of August 2023

This rare double waterfront building parcel on Lake Josephine is perfect for your vacation retreat or forever Island home! The lots have been merged to form one contiguous parcel. Combined frontage is 130ft. Perc test was conducted in Feb. 2020, and findings are favorable for a 5 bedroom home. Situated near Interlocken Park, you'll have a 5-minute stroll to enjoy both lakes. Take advantage of the great Riviera HOA amenities...Golf course, seasonal marina, access to trails, lakes and parks. Life is great on the Lake!

Last Listed By

Lorena McPhail

Coldwell Banker Bain License #26647 Listed on: 07/17/2023

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2140319

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,022

Lot Details

  • 0.55 Acre Lot
  • Low Bank Waterfront Property
  • 130 Feet of Waterfront
  • Lake Front
  • Sloped Lot
  • Zoning described as R10

HOA Fees

  • $142 Monthly HOA Fees

Property Views

  • Lake
  • Territorial

Schools

  • Pioneer Mid Middle School
  • Steilacoom High School

Utilities

  • Water Rights
  • Community Well
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 13&14
  • Assessor Parcel Number 501804-013-2

Community Details

Overview

  • Lake Josephine Riviera #16 Condos
  • Lake Josephine Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Community Boat Launch
  • Golf Course Community
  • Sport Court
  • Community Playground
  • Park
  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$2,022

Lot Details

0

HOA Fees

$142 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Lake Josephine Riviera #16
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Brush,Evergreens
  • Restrictions: CC&R,Manufactured Homes OK,See Remarks
  • LevelComment: level near street
  • Special Features: None
  • Cumulative Days on Market: 645

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Lake, Territorial
  • Lot Features: Paved
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: Bank-Low, Lake, No Bank
  • Waterfront: Yes
  • Structure Type: Unspecified
  • RoadInformation: County Maintained,Paved
  • WaterJurisdiction: Lake Josephine Riviera
  • WaterfrontFootage: 130
  • WaterAccess: Community Waterfront/Pvt Beach,Deeded Access

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Not Available
  • Water Source: Available, Community Well, In Street, Share Available, Water Rights
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Electricity Available
  • ElectricityStatus: In Street
  • GasStatus: Not Available
  • SepticDesignApplied: false
  • SepticDesignInstalled: false

Condo/Co-op/Association

  • Community Features: Athletic Court, Boat Launch, CCRs, Club House, Golf, Park, Playground, Trail(s), Community Well
  • Senior Community: No
  • Association Fee: 142
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Junior High Dist: Steilacoom Historica
  • High School: Steilacoom High
  • Middle Or Junior School: Pioneer Mid

Lot Info

  • Parcel Number: 501804-013-2
  • Topography: Sloped
  • Lot Size Acres: 0.5487
  • Lot Size Sq Ft: 23900
  • Zoning Description: R10
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • LotNumber: 13&14
  • SoilFeasibilityTest: true
  • SoilTestDate: 02/15/23
  • SlopeComment: Lakefront

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2022

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Aug 14, 2023
Sold by
Oleary Frederick J
Bought by
Mark Edmon Knowles And Lisa Marie Knowles Tru and Knowles
Seller's Agent
Lorena McPhail
Coldwell Banker Bain
Buyer's Agent
Ian Broadie
Windermere Abode
List Price
$219,000
Sold Price
$185,000
Premium/Discount to List
-$34,000
-15.53%
Total Days on Market
19
Views
29
Current Estimated Value
$168,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,333
Avg. Annual Appreciation
-7.26%

Purchase Details

Closed on
Aug 18, 2016
Sold by
Halstensen Toree J and Halstensen Alma D
Bought by
Leary Frederick J O

Purchase Details

Closed on
Dec 4, 2002
Sold by
Wittenberg Karen L and Batt Harold F
Bought by
Halstensen Toree J and Halstensen Alma D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,400
Interest Rate
6.06%
Mortgage Type
Seller Take Back

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mark Edmon Knowles And Lisa Marie Knowles Tru $185,000 Fidelity National Title
Leary Frederick J O $79,719 Fidelity National Title
Halstensen Toree J $58,000 Trans
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Halstensen Toree J $46,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $185,000 -7.0% --
08/05/2023 08/05/23 Pending -- -- --
08/02/2023 08/02/23 Price Changed $199,000 -9.1% --
07/17/2023 07/17/23 For Sale $219,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,316 $125,100 $125,100 --
2023 $1,316 $125,100 $125,100 $0
2022 $962 $103,500 $103,500 $0
2021 $839 $65,000 $65,000 $0
2019 $863 $65,000 $65,000 $0
2018 $797 $65,500 $65,500 $0
2017 $824 $53,500 $53,500 $0
2016 $1,014 $58,200 $58,200 $0
2014 $972 $69,200 $69,200 $0
2013 $972 $71,000 $71,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2140319

Northwest Multiple Listing Service (NWMLS)

APN: 501804-0132