NOT LISTED FOR SALE

11016 Lake Steilacoom Dr SW Lakewood, WA 98498

Central Lakes Neighborhood

Estimated Value: $1,027,000 - $1,135,000

7 Beds
6 Baths
3,468 Sq Ft
$311/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $1,000,000 $288 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,866/month

42 Days on Market

Highlights

  • RV Access or Parking
  • Territorial View
  • 3 Fireplaces
  • 1.03 Acre Lot
  • Wood Flooring
  • No HOA

About This Home

As of July 2024

Beautiful location adjacent to Lake Steilacoom & situated on one acre w/ establsihed landscaping. The main living area provides two large living spaces, a master suite w/ bath, 3 beds, 2 baths, & large origional kitchen w/ adjacement utility room. Territorial views from all windows. Lower living space recently remodeled, has a separate entry & includes one bedroom, fireplace room, kitchen, bathroom, & space for 2-3 additional rooms (unfinished 1000 sq ft). 2nd story above garage w/ 2 beds & full bath. Home has 2 furnaces, heat pumps, 2 water heaters & 3 fireplaces. Private backyard w/ in-ground pool, large patio area, water feature, & sauna in pool house. Large RV Parking space adjacenet to home. Two entry exit points w/ circular driveway.

Last Agent to Sell the Property

Lisa Hubbird

Windermere Prof Partners License #126793 Listed on: 04/21/2024

Windermere Prof Partners

Last Buyer's Agent

Sergio Campos

Best Choice Realty LLC License #26370

Best Choice Realty LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2226583

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,339

Year Built

  • Built in 1961

Lot Details

  • 1.03 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Garden
  • Property is in good condition

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,468 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • 3 Fireplaces
  • Gas Fireplace
  • Dining Room
  • Territorial Views
  • Storm Windows
  • Partially Finished Basement

Kitchen

  • Stove
  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Gazebo

Utilities

  • Forced Air Heating and Cooling System
  • Pellet Stove burns compressed wood to generate heat
  • Heat Pump System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lakewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 472500-192-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,339

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 17 - 1 1/2 Stry w/Bsmt
  • Year Built: 1961
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwashers,Dryers,Microwaves,Refrigerators,StovesRanges,Washers
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: OneAndOneHalf
  • New Construction: No
  • CalculatedSquareFootage: 4504
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • SOCComments: 2.5 %
  • Special Features: None
  • Cumulative Days on Market: 591

Interior Features

  • Fireplaces: 3
  • Basement: Partially Finished
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 7
  • Total Bedrooms: 7
  • Entry Location: Main
  • Fireplace Features: Gas, Pellet Stove
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, Walk-In Closet(s), Wet Bar, Fireplace, Water Heater
  • Living Area: 3468
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Bathrooms: 4.5
  • BathsFullMain: 2
  • FireplacesMain: 2
  • SquareFootageFinished: 3468
  • SquareFootageUnfinished: 1036
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 2
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 1
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • FireplacesLower: 1
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • Pool Features: In Ground
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • PoolType: In-Ground

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: Central A/C, Forced Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Pierce County
  • WaterCompany: Lakewood
  • WaterHeaterLocation: 2 in Basement
  • WaterHeaterType: 2 Gas
  • CableConnected: comcast
  • InternetConnected: comcast

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Clover Park
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 472500-192-0
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 1.0331
  • Lot Size Sq Ft: 45000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cabana/Gazebo,Cable TV,Fenced-Partially,High Speed Internet,Patio,RV Parking,Sprinkler System
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric, Natural Gas, Wood

Tax Info

  • Year: 2023
  • Tax Annual Amount: 10339

Multi Family

  • EnergySource: Electric,Natural Gas,Wood

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2024
Closed on
Jun 21, 2024
Sold by
Wilber Richard A
Bought by
Recinos Roger and Lopez Loida Valencia
Seller's Agent
Lisa Hubbird
Windermere Prof Partners
Buyer's Agent
Sergio Campos
Best Choice Realty LLC
List Price
$1,145,000
Sold Price
$1,000,000
Premium/Discount to List
-$145,000
-12.66%
Views
42
Current Estimated Value
$1,077,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,096
Avg. Annual Appreciation
7.63%
Original Mortgage
$800,000
Outstanding Balance
$791,920
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$285,176

Purchase Details

Closed on
Nov 27, 2020
Sold by
Wilber Lynne R
Bought by
Wilber Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2011
Sold by
Rice Lynn Marie and Riedel Lynn Marie
Bought by
Wilber Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2002
Sold by
Hungate Peter F
Bought by
Riedel Lynn Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.13%

Purchase Details

Closed on
Jun 20, 2001
Sold by
Manza Virginia V
Bought by
Hungate Peter F and Hungate Heidi F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.15%
Source: Public Records

Range of Values:

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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
Recinos Roger $1,000,000 Stewart Title
Wilber Richard -- Servicelink
Wilber Richard $437,500 Northpoint Escrow & Title Ll
Riedel Lynn Marie $380,000 Transnation Title Insurance
Hungate Peter F $401,372 Commonwealth Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Recinos Roger $800,000
Previous Owner Wilber Richard $285,000
Previous Owner Wilber Richard $337,500
Previous Owner Riedel Lynn Marie $100,000
Previous Owner Riedel Lynn Marie $300,000
Previous Owner Hungate Peter F $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $1,000,000 -12.7% $288 / Sq Ft
06/02/2024 06/02/24 Pending -- -- --
04/21/2024 04/21/24 For Sale $1,145,000 -- $330 / Sq Ft
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
2025 $10,802 $1,052,000 $371,200 $680,800
2024 $10,802 $995,300 $355,100 $640,200
2023 $10,802 $1,016,500 $374,200 $642,300
2022 $9,636 $1,015,600 $374,200 $641,400
2021 $9,398 $733,500 $264,300 $469,200
2019 $7,257 $633,300 $210,500 $422,800
2018 $8,621 $617,800 $210,000 $407,800
2017 $7,894 $591,400 $182,000 $409,400
2016 $7,462 $491,500 $127,400 $364,100
2014 $6,122 $477,000 $112,000 $365,000
2013 $6,122 $469,100 $112,000 $357,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2226583

Northwest Multiple Listing Service (NWMLS)

APN: 472500-1920