NOT LISTED FOR SALE

1121 E Madrona Blvd NW Lakebay, WA 98349

Estimated Value: $28,963 - $469,000

0.32 Acre
$548,919 Price per Acre
13,939 Sq Ft Lot

Last Sold September 13, 2019

Last sale price $18,500

Est. 849% increase in value since last sale

Current estimated payment $973/month

69 Days on Market

Highlights

  • Waterfront Community
  • Community Boat Launch
  • Level Lot
  • Views of a Sound
  • Clubhouse

About This Lot

As of September 2019

This vacant lot is located on PRIVATE HERRON ISLAND W/PRIVATE FERRY SERVICE to the island. It is located on the Long Branch Peninsula close to Gig Harbor & Key Center, WA. Can you imagine owning YOUR OWN PRIVATE LOT ON A PRIVATE ISLAND? The lot would be perfect for a home site or camping spot. The FLAT lot is 14,000 SQ FT. The lot has a long gravel driveway into the property for easy vehicle access. There is a water meter on the lot plus a storage shed. Peninsula Light power is at the street.

Last Agent to Sell the Property

Lorraine Dill

John L. Scott, Inc. License #46231 Listed on: 06/24/2019

John L. Scott, Inc.

Last Buyer's Agent

Lorraine Dill

John L. Scott, Inc. License #46231 Listed on: 06/24/2019

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1476449

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $284

Lot Details

  • Street terminates at a dead end
  • Level Lot

Property Views

  • Views of a Sound
  • Limited Views

Utilities

  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 445000-036-0

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Community Boat Launch
  • Waterfront Community

Property Details

Property Type

Land

Est. Annual Taxes

$284

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Brush, Lightly Treed
  • Style: 40 - Res-Less Thn 1 Ac
  • Restrictions: CCAndR
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Gravel
  • View: Partial, Sound
  • Water Jurisdiction: Herron Island Water

Utilities

  • Electricity: In Street
  • Gas Available: Not Available
  • Sewer: Not Available
  • Water: On Property

Condo/Co-op/Association

  • Community Name: Herron Island
  • Project: Div # 1
  • Community Features: Boat Launch, CCRs, Clubhouse, 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: 11
  • General Zoning Classification: Residential
  • Improvements: Outbuilding(s)
  • Lot Details: Dead End Street
  • Lot Dimensions: 80 x 175 x 80 x 175
  • Lot Sq Ft: 14000
  • Parcel Number: 445000-036-0
  • Topography: Level
  • Zoning Jurisdiction: County
  • Zoning Remarks: rural 10

Tax Info

  • Tax Amount: 173

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2019
Closed on
Sep 12, 2019
Sold by
Fisk Warren D and Fisk Patricia J
Bought by
Tilton Terry R
Seller's Agent
Lorraine Dill
John L. Scott, Inc.
Buyer's Agent
Lorraine Dill
John L. Scott, Inc.
List Price
$18,500
Sold Price
$18,500
Current Estimated Value
$175,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,154
Avg. Annual Appreciation
40.78%
Original Mortgage
$8,500
Interest Rate
3.7%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Tilton Terry R $18,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Tilton Terry R $8,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2019 09/13/19 Sold $18,500 0.0% --
09/01/2019 09/01/19 Pending -- -- --
08/31/2019 08/31/19 For Sale $18,500 0.0% --
08/22/2019 08/22/19 Pending -- -- --
06/24/2019 06/24/19 For Sale $18,500 -- --
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 $284 $32,300 $32,300 --
2024 $284 $30,900 $30,900 --
2023 $284 $29,500 $29,500 $0
2022 $223 $27,300 $27,300 $0
2021 $210 $17,400 $17,400 $0
2019 $174 $15,100 $15,100 $0
2018 $153 $14,400 $14,400 $0
2017 $139 $11,100 $11,100 $0
2016 $201 $11,700 $11,700 $0
2014 $195 $15,000 $15,000 $0
2013 $195 $11,800 $11,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Lorraine Dill

    Seller's Agent in 2019

    Lorraine Dill

    John L Scott

    (253) 831-2944

    56 Total Sales

    Lorraine Dill
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1476449

Northwest Multiple Listing Service (NWMLS)

APN: 445000-0360

Washington Pierce County Lakebay 98349

1121 E Madrona Blvd NW, Lakebay, WA

This home is located at 1121 E Madrona Blvd NW, Lakebay, WA 98349 since 24 June 2019 and is currently estimated at $175,654. 1121 E Madrona Blvd NW 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

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