Listed by Redfin, Bought with Best Choice Realty LLC
NOT LISTED FOR SALE

1502 188th Ave SW Lakebay, WA 98349

Estimated Value: $552,000 - $672,000

3 Beds
2 Baths
1,699 Sq Ft
$361/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $415,000 $244 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,671/month

5 Days on Market

Highlights

  • 1 Acre Lot
  • Deck
  • Secluded Lot
  • Mountain View
  • Property is near public transit
  • 2 Car Attached Garage

About This Home

As of August 2020

Amazing Single Story Home on a private large lot. Light and Bright with an open concept design, vaulted ceilings, and gleaming laminate floors.Stunning Chef's kitchen w/quartz counters pantry, ss appliances and soft close cabinets. Spacious master suite w/5pc bath and walk-in closet.Other special features include a 2 car garage, AC, a bonus room and beautiful territorial views!

Last Agent to Sell the Property

Brian Richards

Redfin License #112837 Listed on: 07/29/2020

Redfin

Last Buyer's Agent

Ruth deMille

Best Choice Realty LLC License #35068

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1637849

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,548

Year Built

  • Built in 2018

Lot Details

  • 1 Acre Lot
  • Street terminates at a dead end
  • Secluded Lot
  • Sloped Lot
  • Property is in very good condition

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 1,699 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Mountain Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Water Heater
  • Septic Tank
  • Septic System

Community Details

  • Lakebay Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 2100110070

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,548

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 2018
  • Inclusions: Dishwasher,Microwave,RangeOven,Refrigerator
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1699
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate, Bath Off Primary, Dining Room, Water Heater
  • Living Area: 1699
  • Main Level Bedrooms: 3
  • Bathrooms: 2
  • BathsFullMain: 2
  • SquareFootageFinished: 1699
  • 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,Microwave,Range/Oven,Refrigerator

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Lot Features: Dead End Street, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Septic System, Electricity Available
  • PowerCompany: Peninsula Light
  • SewerCompany: Pierce County Sewer
  • WaterCompany: Washington Water
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: CCRs

Schools

  • Junior High Dist: Peninsula
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 2100110070
  • Topography: Sloped
  • Lot Size Acres: 1.0005
  • Lot Size Sq Ft: 43582
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,Patio
  • MLSLotSizeSource: Realist- Buyer to Verify
  • MLSSquareFootageSource: Realist buyer to verify

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3548

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2020
Closed on
Aug 17, 2020
Sold by
Obinma Shane and Jones Jaylin
Bought by
Main Mitch William and Main Rachel Wittreich
Seller's Agent
Brian Richards
Redfin
Buyer's Agent
Ruth deMille
Best Choice Realty LLC
List Price
$415,000
Sold Price
$415,000
Current Estimated Value
$614,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,085
Avg. Annual Appreciation
7.66%
Original Mortgage
$362,500
Outstanding Balance
$323,152
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$279,345

Purchase Details

Closed on
Jan 14, 2019
Sold by
Royal Construction Group Llc
Bought by
Obinma Shane and Jones Jaylin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,207
Interest Rate
4.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 3, 2018
Sold by
Schmidt Timothy
Bought by
Royal Construction Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,084
Interest Rate
3.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 25, 2013
Sold by
First Savings Bank Northwest
Bought by
Schmidt Timothy L

Purchase Details

Closed on
Aug 27, 2010
Sold by
Burnham Builders Llc
Bought by
First Savings Bank Northwest

Purchase Details

Closed on
Aug 26, 2010
Sold by
Burnham Builders Llc
Bought by
First Savings Bank Northwest

Purchase Details

Closed on
Sep 24, 2008
Sold by
Cedarland Tree Farms Llc
Bought by
Burnham Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,150
Interest Rate
6.49%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Main Mitch William $415,000 Ticor Title
Obinma Shane $375,000 Stewart Title
Royal Construction Group Llc $369,719 Stewart Title Company
Schmidt Timothy L $151,264 Fatco
First Savings Bank Northwest $145,000 Pacific Northwest Title
First Savings Bank Northwest -- Pnwt
Burnham Builders Llc -- Stewart Title Seattle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Main Mitch William $362,500
Previous Owner Obinma Shane $363,898
Previous Owner Obinma Shane $368,207
Previous Owner Royal Construction Group Llc $278,310
Previous Owner Royal Construction Group Llc $579,084
Previous Owner Burnham Builders Llc $294,150
Previous Owner Cedarland Tree Farms Llc $792,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $415,000 0.0% $244 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $415,000 -- $244 / 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 $4,787 $572,900 $153,900 $419,000
2024 $4,787 $546,200 $149,800 $396,400
2023 $4,787 $526,900 $135,300 $391,600
2022 $4,308 $539,500 $119,800 $419,700
2021 $4,017 $368,500 $74,400 $294,100
2019 $430 $307,800 $55,000 $252,800
2018 $407 $38,400 $38,400 $0
2017 $368 $32,600 $32,600 $0
2016 $337 $27,600 $27,600 $0
2014 $383 $25,500 $25,500 $0
2013 $383 $27,800 $27,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1637849

Northwest Multiple Listing Service (NWMLS)

APN: 210011-0070