NOT LISTED FOR SALE

11107 Lake Steilacoom Dr SW Lakewood, WA 98498

Central Lakes Neighborhood

Estimated Value: $506,000 - $624,340

0.38 Acre
$1,489,697 Price per Acre
16,553 Sq Ft Lot

Last Sold February 29, 2024

Last sale price $370,000 $139 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,711/month

49 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Lake View
  • No HOA

About This Lot

As of February 2024

Bring your builder and your vision to one of the LAST buildable lots on Lake Steilacoom. This beautiful waterfront property offers 88 feet of no bank lake frontage, full bulkhead and new oversized dock constructed with composite materials and a solar powered boat lift. Land is well suited for a 4000 SF custom home with daylight basement. Enjoy your own private paradise as you walk out onto your large deck and take in the view. Water, sewer, electricity and gas are all at the street. A short jaunt to Chamber's Bay, Tacoma Golf & Country Club, shopping and restaurants. Make this your dream home today!

Last Agent to Sell the Property

Brittany Haun

Key and Castle Real Estate License #99565 Listed on: 11/22/2023

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2180014

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,552

Lot Details

  • 0.38 Acre Lot
  • Low Bank Waterfront Property
  • 88 Feet of Waterfront
  • Sloped Lot

Property Views

  • Lake
  • Mountain

Community Details

  • No Home Owners Association
  • Lake Steilacoom Subdivision

Listing and Financial Details

  • Assessor Parcel Number 021903-8-020

Property Details

Property Type

Land

Est. Annual Taxes

$6,552

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SOCComments: Thank you!
  • Improvements: Dock
  • Special Features: None
  • Cumulative Days on Market: 821

Interior Features

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

Exterior Features

  • View: Lake, Mountain(s)
  • Lot Features: Paved
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: Bank-Low, No Bank
  • Waterfront: Yes
  • Structure Type: Unspecified
  • RoadInformation: Access Easement,Paved
  • WaterfrontFootage: 88

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Available
  • Water Source: Available
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Natural Gas Available, Electricity Available
  • ElectricityStatus: Available
  • GasStatus: Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Lakewood

Lot Info

  • Parcel Number: 021903-8-020
  • Topography: Sloped
  • Lot Size Acres: 0.38
  • Lot Size Sq Ft: 16553
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Residential

Tax Info

  • Year: 2023
  • Tax Annual Amount: 6552

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2023
Closed on
Feb 16, 2024
Sold by
Kenton And Benita Lee Family Revocable L
Bought by
Gates Brandon and Gates Nicole
Seller's Agent
Brittany Haun
Key and Castle Real Estate
List Price
$449,900
Sold Price
$370,000
Premium/Discount to List
-$79,900
-17.76%
Views
51
Current Estimated Value
$566,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,085
Avg. Annual Appreciation
28.18%
Original Mortgage
$290,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2023
Sold by
Lee Kenton R and Lee Benita D
Bought by
Kenton And Benita Lee Family Revocable Living and Lee

Purchase Details

Closed on
Jun 15, 2018
Sold by
Durham Chris and Durham Nancy J
Bought by
Lee Kenton R and Lee Benita D
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gates Brandon $370,000 Ticor Title
Kenton And Benita Lee Family Revocable Living -- None Listed On Document
Lee Kenton R $295,719 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gates Brandon $290,000
Previous Owner Lee Kenton R $165,000
Previous Owner Durham Chris $150,000
Previous Owner Durham Chris $50,000
Previous Owner Durham Chris $179,019
Previous Owner Durham Chris $10,000
Previous Owner Durham Chris $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $370,000 -17.8% $139 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
11/22/2023 11/22/23 For Sale $449,900 -23.9% $169 / Sq Ft
06/28/2021 06/28/21 Sold $591,000 +12.6% $222 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $525,000 -- $198 / 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 $6,909 $499,800 $495,700 $4,100
2024 $6,909 $475,200 $471,400 $3,800
2023 $6,909 $528,300 $523,600 $4,700
2022 $6,314 $529,200 $523,600 $5,600
2021 $6,153 $389,200 $383,900 $5,300
2019 $5,268 $334,000 $328,700 $5,300
2018 $5,910 $349,300 $344,000 $5,300
2017 $5,412 $319,300 $314,500 $4,800
2016 $4,316 $244,600 $239,800 $4,800
2014 $3,134 $231,300 $226,000 $5,300
2013 $3,134 $181,900 $176,900 $5,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2180014

Northwest Multiple Listing Service (NWMLS)

APN: 021903-8020