Listed by Better Properties Gig Harbor, Bought with RSVP Brokers ERA
NOT LISTED FOR SALE

124 E Herron Blvd NW Lakebay, WA 98349

Estimated Value: $208,000 - $301,000

2 Beds
1 Bath
904 Sq Ft
$279/Sq Ft Est. Value

Last Sold May 23, 2023

Last sale price $220,000 $243 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,800/month

217 Days on Market

Highlights

  • Waterfront Community
  • Deck
  • Territorial View
  • Community Boat Launch
  • Wooded Lot
  • Community Playground

About This Home

As of May 2023

Affordable Herron Island retreat property. Main floor is 704 sq. ft. & consists of open plan living/dining/kitchen, two bedrooms, full bathroom plus a “mud room” with wood burning stove & laundry facilities. Upstairs to a finished 200 sq. ft. attic. The current owner has made some updates to the property to include new flooring, updated bathroom, metal roof, foundation beams & joists replaced along with water pipe from street to house. 0.46 acre lot with 80' of road frontage. Sit on the deck & enjoy the filtered view of water through the trees. Herron Island offers privacy, seasonal boat docks, boat ramps, park, & community beaches. Septic pumped/Inspected/RSS issued.

Last Agent to Sell the Property

Karen Dorans

Better Properties Gig Harbor License #18442 Listed on: 09/01/2022

Better Properties Gig Harbor

Co-Listed By

Paige DeClue

Better Properties Gig Harbor License #22013575

Last Buyer's Agent

David Gonzales

RSVP Brokers ERA License #21036530

RSVP Brokers ERA

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1991017

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,457

Year Built

  • Built in 1968

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 80x147x115x242
  • East Facing Home
  • Level Lot
  • Wooded Lot
  • Garden
  • Zoning described as Rural 10

HOA Fees

  • $300 Monthly HOA Fees

Property Views

  • Territorial
  • Limited

Home Design

  • Cabin
  • Block Foundation
  • Metal Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 904 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace

Kitchen

  • Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

  • Evergreen Elementary School
  • Key Peninsula Mid Middle School
  • Peninsula High School

Utilities

  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 10 / 7
  • Assessor Parcel Number 4450602040

Community Details

Overview

  • Hmc Office Manager Association
  • Secondary HOA Phone (253) 884-9350
  • Herron Island Subdivision

Recreation

  • Community Boat Launch
  • Waterfront Community
  • Community Playground
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,457

Year Built

Built in 1968

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 11 - 1 1/2 Story
  • Year Built: 1968
  • Inclusions: Dishwasher,Dryer,Refrigerator,StoveRange,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Cabin
  • Building Name: Division # 6
  • New Construction: No
  • CalculatedSquareFootage: 904
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 1,010

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Dryer, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Laminate, Water Heater
  • Living Area: 904
  • Main Level Bedrooms: 2
  • Bathrooms: 1
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 904
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Metal
  • View: Partial, See Remarks, Territorial
  • View: Yes
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Post & Block
  • Property Condition: Fair
  • Structure Type: House
  • BusLineNearby: false

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Driveway, Off Street

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: Peninsula Light
  • SewerCompany: <Septic>
  • WaterCompany: Herron Island Water Dept
  • WaterHeaterType: Electric
  • CableConnected: No current provider
  • InternetConnected: No current provider

Condo/Co-op/Association

  • Community Features: Boat Launch, Community Waterfront/Pvt Beach, Park, Playground, Trail(s)
  • Senior Community: No
  • Association Fee: 300
  • Association Fee Frequency: Monthly
  • Phone: 253-884-9350
  • Association: Yes
  • AssociationContactName: HMC Office Manager

Schools

  • Junior High Dist: Peninsula
  • High School: Peninsula High
  • Middle Or Junior School: Key Peninsula Mid

Lot Info

  • Parcel Number: 4450602040
  • Topography: Level,PartialSlope,Sloped
  • Land Lease: No
  • Lot Size Acres: 0.457
  • Lot Size: 80x147x115x242
  • Lot Size Sq Ft: 19907
  • Zoning Description: Rural 10
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: County
  • LotNumber: 10

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: true

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1457.23

Multi Family

  • EnergySource: Electric,Wood

MLS Schools

  • Elementary School: Evergreen Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
May 15, 2023
Sold by
Gai Huadong
Bought by
Lucas Hamilton and Lucas Leigh
Seller's Agent
Karen Dorans
Better Properties Gig Harbor
Buyer's Agent
David Gonzales
RSVP Brokers ERA
List Price
$229,000
Sold Price
$220,000
Premium/Discount to List
-$9,000
-3.93%
Views
205
Current Estimated Value
$252,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,262
Avg. Annual Appreciation
4.13%
Original Mortgage
$120,000
Outstanding Balance
$108,264
Interest Rate
5.64%
Mortgage Type
New Conventional
Estimated Equity
$133,088

Purchase Details

Closed on
Jul 14, 2017
Sold by
Rahier Dale
Bought by
Gai Huadong
Source: Public Records

Range of Values:

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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
Lucas Hamilton $3,520 Ticor Title
Gai Huadong $49,219 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucas Hamilton $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2023 05/23/23 Sold $220,000 -3.9% $243 / Sq Ft
04/06/2023 04/06/23 Pending -- -- --
12/01/2022 12/01/22 For Sale $229,000 +4.1% $253 / Sq Ft
11/11/2022 11/11/22 Off Market $220,000 -- --
09/27/2022 09/27/22 For Sale $229,000 0.0% $253 / Sq Ft
09/05/2022 09/05/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $229,000 -- $253 / 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 $1,629 $211,300 $101,500 $109,800
2024 $1,629 $190,900 $97,200 $93,700
2023 $1,629 $175,200 $92,800 $82,400
2022 $1,307 $161,700 $85,700 $76,000
2021 $1,277 $113,000 $54,600 $58,400
2019 $969 $96,800 $41,900 $54,900
2018 $864 $84,600 $40,000 $44,600
2017 $811 $66,400 $30,800 $35,600
2016 $1,059 $73,200 $32,600 $40,600
2014 $1,139 $80,500 $38,900 $41,600
2013 $1,139 $80,300 $30,800 $49,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1991017

Northwest Multiple Listing Service (NWMLS)

APN: 445060-2040