NOT LISTED FOR SALE

1408 166th Avenue Ct NW Lakebay, WA 98349

Lakebay Neighborhood

Estimated Value: $599,000 - $869,000

2 Beds
1 Bath
800 Sq Ft
$894/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $705,000 $881 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,176/month

Highlights

  • Low Bank Waterfront Property
  • Deck
  • Secluded Lot
  • Ocean View
  • Northwest Architecture
  • 1 Fireplace

About This Home

As of November 2020

Sandy Beach, Low Bank Waterfront on Von Geldern Cove, Recent Bulkhead, One acre +/- forested park-like grounds, long term owner has lovingly maintained & improved. Bright & light finishes & appliances make this home ready to enjoy. Beach w/Clams, Oysters & calm harbor is perfect for paddle-boarding, kayaking & water-skiing. Paddle across harbor to local store. Enjoy expansive deck year round. This waterfront home located close to waters edge w/unobstructed view will not disappoint.

Last Agent to Sell the Property

Paul Elkins

Gig Harbor Real Estate License #10542 Listed on: 10/28/2020

Last Buyer's Agent

Lubaba Al-Arab

Keller Williams Eastside License #121915

Keller Williams Eastside

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1680138

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,788

Year Built

  • Built in 2008

Lot Details

  • Low Bank Waterfront Property
  • Property Fronts a Bay or Harbor
  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot
  • Sloped Lot

Property Views

  • Ocean
  • Views of a Sound
  • Bay

Home Design

  • Northwest Architecture
  • Poured Concrete
  • Built-Up Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Bulkhead
  • Deck
  • Patio

Utilities

  • Propane
  • Private Water Source
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Lakebay Community

Listing and Financial Details

  • Assessor Parcel Number 0021366022

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,788

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dining Room, Vaulted Ceilings
  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 800
  • Square Footage Finished: 800

Exterior Features

  • Exterior: Cement/Concrete, Wood
  • Foundation: Poured Concrete
  • Roof: Built-Up, Metal
  • View: Bay, Ocean, Sound
  • Waterfront: Bank-Low, Bay, Bulkhead, No Bank, Sound

Utilities

  • Heating And Cooling: Forced Air, Wall
  • Power Company: Peninsula Light
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Private
  • Water Heater: Crawl Space-Electric
  • Water Source: Community, Private

Condo/Co-op/Association

  • Community Name: Lakebay

Schools

  • Elementary School: Evergreen Elem
  • Middle School: Key Peninsula Mid
  • High School: Peninsula High
  • School District: PEN

Lot Info

  • Lot Details: Dead End Street, Secluded
  • Lot Sq Ft: 44374
  • Lot Topography Vegetation: Partial Slope
  • Parcel Number: 0021366022
  • Zoning Jurisdiction: County
  • Lot Topography: Partial Slope

Tax Info

  • Tax Amount: 3216

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2023
Sold by
Mercurio Christopher F and Mercurio Tara L
Bought by
Mercurio Revocable Living Trust and Mercurio
Current Estimated Value
$715,288

Purchase Details

Listed on
Oct 28, 2020
Closed on
Nov 13, 2020
Sold by
Elkins Paul E and Elkins Kathleen M
Bought by
Mercurio Christopher and Mercurio Tara
Seller's Agent
Paul Elkins
Gig Harbor Real Estate
Buyer's Agent
Lubaba Al-Arab
Keller Williams Eastside
List Price
$679,000
Sold Price
$705,000
Premium/Discount to List
$26,000
3.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.19%
Source: Public Records

Range of Values:

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Average Value
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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
Mercurio Revocable Living Trust -- None Listed On Document
Mercurio Christopher $705,000 Wfg National Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $705,000 +3.8% $881 / Sq Ft
10/31/2020 10/31/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $679,000 -- $849 / 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 $4,788 $585,100 $405,000 $180,100
2024 $4,788 $575,600 $405,000 $170,600
2023 $4,788 $527,000 $379,600 $147,400
2022 $4,251 $519,000 $344,200 $174,800
2021 $3,835 $351,200 $232,800 $118,400
Source: Public Records

Agents Affiliated with this Home

  • Paul Elkins

    Seller's Agent in 2020

    Paul Elkins

    Gig Harbor Real Estate

    (253) 225-8473

    6 in this area

    119 Total Sales

    Paul Elkins
    Section Image
  • Lubaba Al-Arab

    Buyer's Agent in 2020

    Lubaba Al-Arab

    Keller Williams Eastside

    (253) 302-7571

    1 in this area

    62 Total Sales

    Lubaba Al-Arab
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1680138

Northwest Multiple Listing Service (NWMLS)

APN: 002136-6022

Washington Pierce County Lakebay 98349 Lakebay

1408 166th Avenue Ct NW, Lakebay, WA

This home is located at 1408 166th Avenue Ct NW, Lakebay, WA 98349 since 28 October 2020 and is currently estimated at $715,288, approximately $894 per square foot. This property was built in 2008. 1408 166th Avenue Ct 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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