Listed by Windermere RE Arlington, Bought with RE/MAX Northwest
NOT LISTED FOR SALE

Estimated Value: $430,000 - $554,000

1 Bed
1 Bath
480 Sq Ft
$1,017/Sq Ft Est. Value

Last Sold July 28, 2020

Last sale price $310,000 $646 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,874/month

8 Days on Market

Highlights

  • 79 Feet of Waterfront
  • Spa
  • Deck
  • Docks
  • Lake View
  • 1 Fireplace

About This Home

As of July 2020

Affordable lake front property! This charming updated cottage sits on a beautiful level lot right on the shores of Lake Loma and even has its own private dock. Home features a deck off the front & a hot tub. Inside you will find a charming kitchen, eating area & combined living bedroom area. The 3/4 bath is newly remodeled and property is serviced by a new two bedroom septic and public water. Great opportunity for small home living, great 2nd vacation home or even run your own vacation rental!

Last Agent to Sell the Property

Hardy Davidson

Windermere RE Arlington License #21962 Listed on: 06/23/2020

Windermere RE Arlington

Last Buyer's Agent

Jack Swaisgood

RE/MAX Northwest License #3016

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1615923

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $821

Year Built

  • Built in 1955

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 159x79x174x40
  • 79 Feet of Waterfront
  • Street terminates at a dead end
  • Level Lot
  • Garden
  • Zoning described as R-5

Property Views

  • Lake
  • Territorial

Home Design

  • Cabin
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 480 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Oven or Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Bathroom

Outdoor Features

  • Spa
  • Docks
  • Deck
  • Outbuilding

Schools

  • Lakewood Mid Middle School
  • Lakewood High School

Utilities

  • Water Heater
  • Septic Tank
  • Septic System

Community Details

  • Lakewood Subdivision

Listing and Financial Details

  • Legal Lot and Block 89 / 1
  • Assessor Parcel Number 00499100108900

Home Details

Home Type

Single Family

Est. Annual Taxes

$821

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 1955
  • Inclusions: RangeOven
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Cabin
  • Building Name: Loma Lake
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 480
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 45

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Private Spa: Yes
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 1
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Water Heater
  • Living Area: 480
  • Main Level Bedrooms: 1
  • Bathrooms: 0.75
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 480
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Range/Oven

Exterior Features

  • Roof: Metal
  • View: Lake, Territorial
  • Lot Features: Dead End Street
  • View: Yes
  • Waterfront: Yes
  • Exterior Features: Wood
  • Structure Type: House
  • WaterfrontFootage: 79

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Heating Yn: Yes
  • Utilities: Septic System, Electricity Available
  • PowerCompany: PUD
  • SewerCompany: Septic
  • WaterCompany: 7 Lakes
  • WaterHeaterLocation: kitchen
  • WaterHeaterType: electric

Schools

  • Junior High Dist: Lakewood
  • High School: Lakewood High
  • Middle Or Junior School: Lakewood Mid

Lot Info

  • Parcel Number: 00499100108900
  • Topography: Level
  • Lot Size Acres: 0.24
  • Lot Size: 159x79x174x40
  • Lot Size Sq Ft: 10454
  • Zoning Description: R-5
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,Dock,Hot Tub/Spa,Outbuildings
  • MLSLotSizeSource: Seller, Buyer to verify
  • MLSSquareFootageSource: Seller, Buyer to Verify
  • ZoningJurisdiction: County
  • LotNumber: 89

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 821

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2020
Closed on
Jul 21, 2020
Sold by
Lundin Lars K and Lundin Susan J
Bought by
Reinig Edward D
Seller's Agent
Hardy Davidson
Windermere RE Arlington
Buyer's Agent
Jack Swaisgood
RE/MAX Northwest
List Price
$289,950
Sold Price
$310,000
Premium/Discount to List
$20,050
6.91%
Current Estimated Value
$480,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,281
Avg. Annual Appreciation
8.20%
Original Mortgage
$248,000
Outstanding Balance
$223,201
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$238,302

Purchase Details

Closed on
Oct 4, 1993
Sold by
Lagrave Frances and Keeman Bertha
Bought by
Lundin Lars K and Lundin Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,450
Interest Rate
7.13%
Mortgage Type
Seller Take Back
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
Reinig Edward D $310,000 Chicago Title
Lundin Lars K $24,950 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reinig Edward D $248,000
Previous Owner Lundin Lars K $15,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2020 07/28/20 Sold $310,000 +6.9% $646 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $289,950 -- $604 / 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 $3,084 $431,700 $353,800 $77,900
2024 $3,084 $357,700 $284,200 $73,500
2023 $3,089 $374,200 $293,800 $80,400
2022 $3,167 $316,500 $249,800 $66,700
2020 $944 $73,900 $49,000 $24,900
2019 $916 $82,500 $59,700 $22,800
2018 $999 $75,900 $54,600 $21,300
2017 $780 $58,100 $47,800 $10,300
2016 $724 $53,200 $43,300 $9,900
2015 $711 $49,200 $39,000 $10,200
2013 $665 $43,200 $33,300 $9,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1615923

Northwest Multiple Listing Service (NWMLS)

APN: 004991-001-089-00