Listed by Better Properties Gig Harbor, Bought with eXp Realty
NOT LISTED FOR SALE

1202 Madrona Blvd Lakebay, WA 98349

Estimated Value: $323,000 - $562,000

4 Beds
1 Bath
2,592 Sq Ft
$178/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $190,000 $73 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,871/month

133 Days on Market

Highlights

  • Waterfront Community
  • Community Boat Launch
  • Deck
  • Views of a Sound
  • RV Access or Parking
  • 2 Fireplaces

About This Home

As of November 2016

Beautiful views of the Olympic Mountains & Case Inlet abound from this two story home located on a private island! Enjoy the incredible sunsets! Almost 2,600 sq. ft. of living space. Main floor consists of great room, kitchen, 2 beds & full bath. Downstairs to family room, 2 further bedrooms, 3/4 bathroom & laundry. There's even a loft! Enjoy all that Herron Island has to offer with seasonal boat docks, boat ramp, parks & community beach! Includes all furniture & furnishings!

Last Agent to Sell the Property

Karen Dorans

Better Properties Gig Harbor License #18442 Listed on: 05/11/2016

Better Properties Gig Harbor

Last Buyer's Agent

Christopher Seim

eXp Realty License #107338

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM937279

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,336

Year Built

  • Built in 1969

Lot Details

  • Street terminates at a dead end
  • Partially Fenced Property
  • Level Lot
  • Garden
  • Property is zoned R10

Property Views

  • Views of a Sound
  • Mountain Views

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • RV Access or Parking

Additional Features

  • Deck
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 4450301052

Community Details

Overview

  • Herron Island Community

Recreation

  • Community Boat Launch
  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,336

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, French Doors, Skylights, Vaulted Ceilings
  • Floor Covering: Ceramic Tile, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 2
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight
  • Family Room: Lower
  • Kitchen: Main
  • Estimated Sq Ft: 2592
  • Square Footage Finished: 2592

Exterior Features

  • Exterior: Metal/Vinyl
  • Foundation: Slab
  • Roof: Composition
  • View: Mountain, Sound

Garage/Parking

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

Utilities

  • Heating And Cooling: Wall
  • Power Company: Peninsula
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Herron Water
  • Water Heater: Laundry room-Electric
  • Water Source: Community

Condo/Co-op/Association

  • HOA Fees: 189
  • Community Name: Herron Island
  • Project: Division 3
  • Community Features: Boat Launch, 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: 35
  • Lot Details: Dead End Street
  • Lot Sq Ft: 16000
  • Lot Topography Vegetation: Garden Space, Level, Partial Slope
  • Parcel Number: 4450301052
  • Zoning Code: R10
  • Zoning Jurisdiction: County
  • Lot Topography: Garden Space, Level, Partial Slope

Tax Info

  • Tax Amount: 2518

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2025
Sold by
Penson Gary R
Bought by
Menowsky Taylor and Menowsky Jeffrey
Current Estimated Value
$460,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,500
Outstanding Balance
$279,579
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$181,197

Purchase Details

Listed on
May 11, 2016
Closed on
Nov 29, 2016
Sold by
Francis Dennis and Francis Emma
Bought by
Penson Gary R
Seller's Agent
Karen Dorans
Better Properties Gig Harbor
Buyer's Agent
Christopher Seim
eXp Realty
List Price
$250,000
Sold Price
$190,000
Premium/Discount to List
-$60,000
-24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.68%
Original Mortgage
$194,050
Interest Rate
3.52%
Mortgage Type
VA

Purchase Details

Closed on
Apr 20, 2000
Sold by
Fennie Jon D
Bought by
Francis Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.24%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 19, 2000
Sold by
Fennie Megan E
Bought by
Fennie Jon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.24%
Mortgage Type
Balloon
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
Menowsky Taylor $330,000 Fidelity National Title
Penson Gary R $189,719 Ticor Title
Francis Dennis $160,000 --
Fennie Jon D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menowsky Taylor $280,500
Previous Owner Penson Gary R $194,050
Previous Owner Francis Dennis $60,000
Previous Owner Francis Dennis $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2016 11/30/16 Sold $190,000 -5.0% $73 / Sq Ft
09/22/2016 09/22/16 Pending -- -- --
07/27/2016 07/27/16 Price Changed $199,990 -20.0% $77 / Sq Ft
05/11/2016 05/11/16 For Sale $250,000 -- $96 / 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 $4,336 $355,300 $141,300 $214,000
2024 $4,336 $545,900 $135,200 $410,700
2023 $4,336 $494,100 $129,100 $365,000
2022 $3,480 $453,200 $119,200 $334,000
2021 $3,482 $331,500 $76,000 $255,500
2019 $2,446 $280,400 $56,800 $223,600
2018 $2,064 $234,900 $54,100 $180,800
2017 $2,064 $188,300 $41,800 $146,500
2016 $2,813 $208,700 $44,100 $164,600
2014 $3,151 $230,200 $64,500 $165,700
2013 $3,151 $245,600 $51,100 $194,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM937279

Northwest Multiple Listing Service (NWMLS)

APN: 445030-1052