NOT LISTED FOR SALE

11708 Madera Dr SW Lakewood, WA 98499

South Lakes Neighborhood

Estimated Value: $1,153,000 - $1,355,000

4 Beds
3 Baths
2,496 Sq Ft
$502/Sq Ft Est. Value

Last Sold July 27, 2015

Last sale price $630,000 $252 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $7,780/month

237 Days on Market

Highlights

  • Lake View
  • Secluded Lot
  • Spanish Architecture
  • Deck
  • Wood Flooring
  • 2 Fireplaces

About This Home

As of July 2015

Best Waterfront Value on Gravelly Lake behind the gates of Madera, a controlled access neighborhood w/ rich history in Lakewood. Privacy abounds with mature landscaping, 4 bedrooms, updated baths, extensive hardwoods throughout, rolling lawn to pebble beach area. Open concept granite kitchen with lake views, open to family room w/ fireplace and outdoor entertaining areas. Master w/ updated bath, deck and cozy fireplace. Hands down best buy among multi-million dollar Gravelly Lake properties.

Last Agent to Sell the Property

Michael Morrison

Morrison House Sotheby's Intl License #50025 Listed on: 09/15/2014

Last Buyer's Agent

Enrique Arias

Better Properties N. Proctor License #114824

Better Properties N. Proctor

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM692754

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,591

Year Built

  • Built in 1981

Lot Details

  • Street terminates at a dead end
  • Gated Home
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Garden

Parking

  • Attached Garage

Home Design

  • Spanish Architecture
  • Poured Concrete
  • Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2 Fireplaces
  • Lake Views
  • Dishwasher
  • Washer

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Gravelly Lake Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 5403500110

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,591

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 15 - Multi Level
  • Architecture: Spanish/Sw
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Refrigerator, Washer
  • Bedrooms: 4.00
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2496
  • Square Footage Finished: 2496

Exterior Features

  • Exterior: Stucco, Wood
  • Foundation: Poured Concrete
  • Roof: Tile
  • View: Lake
  • Waterfront: Lake, No Bank
  • Waterfront Frontage: 50

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air, Heat Pump
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: Pierce
  • Water Company: Lakewood Water
  • Water Heater: Electric
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 125
  • Community Name: Gravelly Lake
  • Community Features: Ccrs

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: CLP

Lot Info

  • Lot Details: Dead End Street, Paved Street, Secluded
  • Lot Dimensions: 31616
  • Lot Sq Ft: 31616
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 5403500110
  • Zoning Jurisdiction: County
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 9985

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2020
Sold by
Lee Michael and Lee Kathryn
Bought by
Bland Nicholas Frost and Bland Phyllis K
Total Days on Market
237
Current Estimated Value
$1,250,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$578,940
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$704,138

Purchase Details

Listed on
Sep 15, 2014
Closed on
Jul 21, 2015
Sold by
Miklos Michael S and Miklos Wendy E
Bought by
Lee Michael and Lee Kathryn
Seller's Agent
Michael Morrison
Morrison House Sotheby's Intl
Buyer's Agent
Enrique Arias
Better Properties N. Proctor
List Price
$647,500
Sold Price
$630,000
Premium/Discount to List
-$17,500
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$504,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 6, 2013
Closed on
Aug 5, 2013
Sold by
Massa Jannette A and Massa Jannete A
Bought by
Miklos Michael S and Miklos Wendy E
Seller's Agent
Luke Daniel
Better Properties N. Proctor
Buyer's Agent
Cheryl Russell
Better Properties N. Proctor
List Price
$699,000
Sold Price
$625,000
Premium/Discount to List
-$74,000
-10.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.42%
Original Mortgage
$583,117
Interest Rate
4.33%
Mortgage Type
VA

Purchase Details

Closed on
Oct 22, 1996
Sold by
Massa Emilio
Bought by
Massa Jannette A
Source: Public Records

Range of Values:

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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
Bland Nicholas Frost $950,000 Fidelity National Title
Lee Michael $629,719 Wfg National Title Company
Miklos Michael S $624,500 First American Title Ins Co
Massa Jannette A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bland Nicholas Frost $650,000
Previous Owner Lee Michael $205,000
Previous Owner Lee Michael $504,000
Previous Owner Miklos Michael S $583,117
Previous Owner Massa Jannette A $380,000
Previous Owner Massa Jannete A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2015 07/27/15 Sold $630,000 -2.7% $252 / Sq Ft
05/11/2015 05/11/15 Pending -- -- --
09/15/2014 09/15/14 For Sale $647,500 +3.6% $259 / Sq Ft
08/30/2013 08/30/13 Sold $625,000 -10.6% $250 / Sq Ft
08/06/2013 08/06/13 Pending -- -- --
08/06/2013 08/06/13 For Sale $699,000 -- $280 / 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 $11,591 $1,202,500 $707,900 $494,600
2024 $11,591 $1,119,000 $663,700 $455,300
2023 $11,591 $1,079,500 $643,100 $436,400
2022 $11,185 $1,146,200 $701,000 $445,200
2021 $11,502 $891,200 $537,000 $354,200
2019 $8,435 $769,200 $443,800 $325,400
2018 $10,705 $708,900 $401,400 $307,500
2017 $9,236 $727,000 $419,900 $307,100
2016 $9,927 $627,400 $362,600 $264,800
2014 $8,832 $630,300 $362,600 $267,700
2013 $8,832 $611,300 $362,600 $248,700
Source: Public Records

Agents Affiliated with this Home

  • Michael Morrison

    Seller's Agent in 2015

    Michael Morrison

    Morrison House Sotheby's Intl

    (253) 606-5925

    24 in this area

    219 Total Sales

    Section Image

  • E

    Buyer's Agent in 2015

    Enrique Arias

    Better Properties N. Proctor

    Section Image

  • L

    Seller's Agent in 2013

    Luke Daniel

    Better Properties N. Proctor

    Section Image
  • Cheryl Russell

    Seller Co-Listing Agent in 2013

    Cheryl Russell

    Better Properties N. Proctor

    (253) 227-7131

    1 in this area

    19 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM692754

Northwest Multiple Listing Service (NWMLS)

APN: 540350-0110

Washington Pierce County Lakewood 98499 South Lakes

11708 Madera Dr SW, Lakewood, WA

This home is located at 11708 Madera Dr SW, Lakewood, WA 98499 since 15 September 2014 and is currently estimated at $1,251,986, approximately $501 per square foot. This property was built in 1981. 11708 Madera Dr SW is a home located in Pierce County with nearby schools including Idlewild Elementary School, Hudtloff Middle School, and Clover Park 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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