Listed by Coldwell Banker Danforth, Bought with Windermere Prof Partners
NOT LISTED FOR SALE

1407 B St NW Lakebay, WA 98349

Estimated Value: $743,000 - $777,437

3 Beds
2 Baths
2,216 Sq Ft
$341/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $750,000 $338 Per Sq Ft

Current estimated payment $4,625/month

150 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Community Boat Launch
  • Craftsman Architecture
  • Views of a Sound
  • RV Access or Parking
  • Fruit Trees

About This Home

As of July 2023

This property has the best of all worlds! View of Joe's Bay + 369 ft. waterfront, fruit orchard, large shop (1440 sqft), covered parking for RV & more! This property is part of the small community of Home, with plenty of room for your outdoor equipment, a garden & much more. The property extends from B St to A St and beach. Two blocks to the post office, store and restaurant! Easy living with primary bedroom on main floor with full bathroom, second full bath, kitchen and living room with gorgeous water view. Lower level features 2 bedrooms & craft room, all with water views, & tons of storage. Utility/mud room off garage. Relax on the deck with your favorite beverage and take in the views of Puget Sound, beach comb or work in your shop!

Last Agent to Sell the Property

Jennifer Ivester

Coldwell Banker Danforth License #117010 Listed on: 01/17/2023

Coldwell Banker Danforth

Co-Listed By

Morrie Pedersen

Coldwell Banker Danforth License #24756

Last Buyer's Agent

Robert Home

Windermere Prof Partners License #4033

Windermere Prof Partners

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2023943

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,247

Year Built

  • Built in 1894

Lot Details

  • 1.41 Acre Lot
  • Low Bank Waterfront Property
  • 369 Feet of Waterfront
  • Home fronts a sound
  • Southeast Facing Home
  • Terraced Lot
  • Fruit Trees
  • Wooded Lot
  • Garden
  • Property is in good condition
  • Zoning described as R10

Parking

  • 1 Car Attached Garage
  • RV Access or Parking

Property Views

  • Views of a Sound
  • Bay Views

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,216 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Storm Windows
  • Finished Basement

Kitchen

  • Oven or Range
  • Stove
  • Down Draft Cooktop
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Outbuilding

Schools

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

Utilities

  • Propane
  • Well
  • Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 2 and 3 / 11
  • Assessor Parcel Number 458500-054-0

Community Details

Overview

  • No Home Owners Association
  • Home Subdivision

Recreation

  • Community Boat Launch

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,247

Year Built

Built in 1894

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1894
  • Inclusions: Dishwasher,Refrigerator,SeeRemarks,StoveRange,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Building Name: Home
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2216
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 891

Interior Features

  • Fireplaces: 1
  • Basement: Finished, Roughed In
  • Appliances: Dishwasher, Refrigerator, See Remarks, Stove/Range
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: See Remarks
  • Fireplace: Yes
  • Flooring: Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Fireplace, Water Heater
  • Living Area: 2216
  • Main Level Bedrooms: 1
  • Bathrooms: 2
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 2216
  • 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: 2
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Refrigerator,See Remarks,Stove/Range

Exterior Features

  • Roof: Metal
  • View: Bay, Sound
  • View: Yes
  • Waterfront Features: Bank-Low, Saltwater, Sound
  • Waterfront: Yes
  • Direction Faces: Southeast
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • WaterfrontFootage: 369

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Attached Garage
  • Total Parking Spaces: 1

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: Peninsula Light
  • SewerCompany: Septic
  • WaterCompany: Private Well
  • WaterHeaterLocation: Lower level storage area
  • WaterHeaterType: Electric
  • InternetConnected: Century Link

Condo/Co-op/Association

  • Community Features: Boat Launch
  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 458500-054-0
  • Topography: PartialSlope,Sloped,Terraces
  • Land Lease: No
  • Lot Size Acres: 1.4055
  • Lot Size Sq Ft: 61225
  • Zoning Description: R10
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,High Speed Internet,Outbuildings,Propane,RV Parking,Shop
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: County
  • LotNumber: 2 and 3

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5247
  • AdditionalTaxIds: 4585000570

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Evergreen Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2023
Closed on
Jul 11, 2023
Sold by
Clark Susan D
Bought by
Lysanna Anderson Trust and Anderson
Seller's Agent
Jennifer Ivester
Coldwell Banker Danforth
Buyer's Agent
Robert Home
Windermere Prof Partners
List Price
$875,000
Sold Price
$750,000
Premium/Discount to List
-$125,000
-14.29%
Views
114
Current Estimated Value
$752,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,831
Avg. Annual Appreciation
-0.04%
Original Mortgage
$487,500
Outstanding Balance
$476,667
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$272,735
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
Lysanna Anderson Trust $750,000 Wfg National Title Company Of
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lysanna Anderson Trust $487,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Sold $750,000 -6.1% $338 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
05/17/2023 05/17/23 Price Changed $799,000 -3.2% $361 / Sq Ft
05/03/2023 05/03/23 Price Changed $825,000 -2.9% $372 / Sq Ft
04/19/2023 04/19/23 Price Changed $850,000 -2.9% $384 / Sq Ft
01/17/2023 01/17/23 For Sale $875,000 -- $395 / 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 $5,612 $699,600 $342,400 $357,200
2024 $5,612 $694,300 $342,400 $351,900
2023 $5,612 $620,500 $321,000 $299,500
2022 $5,247 $648,600 $291,100 $357,500
2021 $4,877 $450,200 $196,900 $253,300
2019 $4,242 $418,900 $168,300 $250,600
2018 $3,618 $397,100 $158,100 $239,000
2017 $3,618 $348,400 $142,800 $205,600
2016 $3,387 $297,900 $135,200 $162,700
2014 $3,073 $268,100 $111,300 $156,800
2013 $3,073 $248,700 $103,000 $145,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2023943

Northwest Multiple Listing Service (NWMLS)

APN: 458500-0540