Listed by John L. Scott, Inc., Bought with WSDOT/Real Estate Services
NOT LISTED FOR SALE

1115 E Madrona Boulevard Kp N Lakebay, WA 98349

Estimated Value: $362,000 - $424,000

2 Beds
1 Bath
1,232 Sq Ft
$318/Sq Ft Est. Value

Last Sold April 21, 2017

Last sale price $163,500 $133 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $2,351/month

11 Days on Market

Highlights

  • Waterfront Community
  • Community Boat Launch
  • Contemporary Architecture
  • Views of a Sound
  • RV Access or Parking
  • Garden

About This Home

As of April 2017

NEWER CONSTRUCTION(2013) GET AWAY CABIN ON PRIVATE ISLAND WITH FERRY BOAT ACCESS. Home is 1.5 stories with master bed on the main floor with a full bath, walk-in closet & 2nd bedroom upstairs with 3/4 bath. Open floor plan is the great room concept w/eating area off the kitchen. Square footage of the home is 1,232 on a large 14,000 square foot lot w/ plenty of off street parking. Herron Island features boat ramp, park, community beach and seasonal boat docks. Ideal summer/weekend getaway.

Last Agent to Sell the Property

Lorraine Dill

John L. Scott, Inc. License #46231 Listed on: 02/07/2017

John L. Scott, Inc.

Co-Listed By

Rosanda Kelly

Better Properties N. Proctor License #5037

Last Buyer's Agent

Loretta Gilbane

WSDOT/Real Estate Services

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1076018

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,627

Year Built

  • Built in 2013

Lot Details

  • Street terminates at a dead end
  • Level Lot
  • Garden

Property Views

  • Views of a Sound
  • Territorial
  • Limited

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Off-Street Parking
  • RV Access or Parking

Additional Features

  • 1 Bathroom
  • Outbuilding
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 4450000330

Community Details

Overview

  • Herron Island Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Boat Launch
  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,627

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 11 - 1 1/2 Story
  • Architecture: Contemporary
  • Homebuilder: Adair Homes
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2013
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Walk-In Closet
  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1232
  • Square Footage Finished: 1232

Exterior Features

  • Exterior: Cement Planked
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Partial, Sound, Territorial

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Wall
  • Power Company: Peninsula Light
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Sewer Company: septic
  • Water Company: Herron Water
  • Water Heater: laundry-electric
  • Water Source: Community

Condo/Co-op/Association

  • HOA Fees: 189
  • Community Name: Herron Island
  • Project: Herron Is Div 1
  • Community Features: Boat Launch, Ccrs, Community Waterfront/Pvt Beach

Schools

  • Elementary School: Evergreen Elem
  • Middle School: Key Peninsula Mid
  • High School: Peninsula High
  • School District: PEN

Lot Info

  • Lot Number: 8
  • Lot Details: Dead End Street
  • Lot Dimensions: 80 x 175
  • Lot Sq Ft: 14000
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 4450000330
  • Zoning Jurisdiction: County
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 1300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2019
Sold by
Gorman Christopher Kennedy
Bought by
Teeter Shannon E
Current Estimated Value
$392,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,852
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 7, 2017
Closed on
Apr 7, 2017
Sold by
Petersen Marc and Petersen Amanda
Bought by
Gorman Christopher Kennedy
Seller's Agent
Lorraine Dill
John L. Scott, Inc.
Buyer's Agent
Loretta Gilbane
WSDOT/Real Estate Services
List Price
$159,500
Sold Price
$163,500
Premium/Discount to List
$4,000
2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%
Original Mortgage
$168,895
Interest Rate
4.21%
Mortgage Type
VA

Purchase Details

Closed on
Apr 26, 2010
Sold by
Rich Steven M
Bought by
Amidon Dallas M and Aker Randi S

Purchase Details

Closed on
Jan 9, 2008
Sold by
Rich Debora L
Bought by
Rich Steven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,319
Interest Rate
5.96%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 14, 2007
Sold by
Wekell Douglas and Wekell Ernestine
Bought by
Grosz Gloria and Grosz Jessica

Purchase Details

Closed on
Jun 24, 2005
Sold by
Wilson Brian P
Bought by
Wekell Douglas and Wekell Ernestine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2003
Sold by
Paine William V
Bought by
Wilson Brian P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,760
Interest Rate
5.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 25, 1994
Sold by
Crum Steven M
Bought by
Paine Ii William and Paine Linda L
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
Teeter Shannon E $229,000 Ticor Title
Gorman Christopher Kennedy $163,219 F A T C O
Amidon Dallas M $25,735 None Available
Rich Steven M -- First American Title Ins Co
Rich Steven M $72,500 First American Title Ins Co
Grosz Gloria $52,500 First American Title Ins Co
Wekell Douglas $39,900 First American Title Ins Co
Wilson Brian P $28,000 First American Title Ins Co
Paine Ii William -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teeter Shannon E $10,109
Open Teeter Shannon E $75,000
Open Teeter Shannon E $224,716
Closed Teeter Shannon E $225,422
Closed Teeter Shannon E $224,852
Previous Owner Gorman Christopher Kennedy $168,895
Previous Owner Walker Amanda $141,300
Previous Owner Walker Amanda $137,700
Previous Owner Rich Steven M $17,319
Previous Owner Wekell Douglas $30,000
Previous Owner Wilson Brian P $18,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2017 04/21/17 Sold $163,500 +2.5% $133 / Sq Ft
02/19/2017 02/19/17 Pending -- -- --
02/07/2017 02/07/17 For Sale $159,500 -- $129 / 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 $2,627 $331,500 $107,700 $223,800
2024 $2,627 $320,400 $103,100 $217,300
2023 $2,627 $292,800 $98,400 $194,400
2022 $2,114 $269,200 $90,900 $178,300
2021 $2,053 $189,900 $57,900 $132,000
2019 $1,544 $169,100 $43,200 $125,900
2018 $1,379 $143,100 $41,200 $101,900
2017 $1,300 $113,400 $31,800 $81,600
2016 $1,612 $126,100 $33,500 $92,600
2014 $172 $127,700 $37,400 $90,300
2013 $172 $135,300 $29,600 $105,700
Source: Public Records

Agents Affiliated with this Home

  • Lorraine Dill

    Seller's Agent in 2017

    Lorraine Dill

    John L Scott

    (253) 831-2944

    56 Total Sales

    Lorraine Dill
    Section Image

  • R

    Seller Co-Listing Agent in 2017

    Rosanda Kelly

    Better Properties N. Proctor

    (253) 376-3280

    1 Total Sale

    Rosanda Kelly
    Section Image

  • L

    Buyer's Agent in 2017

    Loretta Gilbane

    WSDOT/Real Estate Services

    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1076018

Northwest Multiple Listing Service (NWMLS)

APN: 445000-0330

Washington Pierce County Lakebay 98349

1115 E Madrona Boulevard Kp N, Lakebay, WA

This home is located at 1115 E Madrona Boulevard Kp N, Lakebay, WA 98349 since 07 February 2017 and is currently estimated at $392,017, approximately $318 per square foot. This property was built in 2013. 1115 E Madrona Boulevard Kp N is a home located in Pierce County with nearby schools including Evergreen Elementary School, Key Peninsula Middle School, and Peninsula High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

Nearby Homes