Listed by COMPASS, Bought with FirstPoint Real Estate LLC
NOT LISTED FOR SALE

16305 Lake Side Dr S Spanaway, WA 98387

Spanaway Area

Estimated Value: $497,699

3 Beds
1 Bath
1,054 Sq Ft
$472/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2020

Last sale price $437,500 $415 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,055 / mo

53 Days on Market

Highlights

  • Boathouse
  • Lake View
  • Craftsman Architecture
  • Docks
  • Waterfront
  • Deck

About This Home

As of June 2020

ENJOY YOUR TIME IN QUARANTINE in this Spanaway Lake waterfront home! Just in time for Summer, enjoy 50 ft of waterfront, your own private beach, dock and boat house! Lakeside Drive has never seen such a stylish and sophisticated home! Open layout features 1054 sqft of impeccable craftsmanship and design, capitalizing on space & style. 3 bedrooms, MASSIVE utility room, gorgeous 3/4 bath with easy access to the lake--no need to track water through the house! TONS of parking for boats & guests!

Last Agent to Sell the Property

Becky Barrick

COMPASS License #25012703 Listed on: 04/10/2020

COMPASS

Last Buyer's Agent

Michelle Harold

FirstPoint Real Estate LLC License #112289

FirstPoint Real Estate LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1588418

Northwest Multiple Listing Service (NWMLS)
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,662

Year Built

  • Built in 1910

Lot Details

  • 7,386 Sq Ft Lot
  • Waterfront
  • Level Lot
  • Property is in very good condition

Home Design

  • Craftsman Architecture
  • Block Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,054 Sq Ft Home
  • 1-Story Property
  • Lake Views
  • Storm Windows

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Bathroom

Outdoor Features

  • Boathouse
  • Docks
  • Deck

Location

  • Property is near public transit and bus stop

Utilities

  • Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Lake Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5025005755

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,662

Year Built

Built in 1910

Lot Details

7,386 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 1910
  • Inclusions: Dishwasher,RangeOven,Refrigerator,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Building Name: Lake Park
  • Unit Levels: One
  • New Construction: No
  • Structure Type: House
  • CalculatedSquareFootage: 1054
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Basement: None
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Ceramic Tile, Engineered Hardwood
  • Interior Amenities: Ceramic Tile, Double Pane/Storm Window, Water Heater
  • Living Area: 1054
  • Main Level Bedrooms: 3
  • BathsFullMain: 0
  • SquareFootageFinished: 1054
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Range/Oven,Refrigerator

Exterior Features

  • Roof: Composition
  • View: Lake
  • View: Yes
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Block, Poured Concrete
  • Property Condition: Very Good
  • BusLineNearby: true

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electricity Available
  • PowerCompany: Elmhurst Mutual
  • SewerCompany: Septic
  • WaterCompany: Spanaway Mutual Water
  • WaterHeaterLocation: Master Closet
  • WaterHeaterType: Electric

Schools

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

Lot Info

  • Parcel Number: 5025005755
  • Topography: Level
  • Lot Size Acres: 0.1696
  • Lot Size Sq Ft: 7386
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Boat House,Cable TV,Deck,Dock,High Speed Internet
  • MLSLotSizeSource: Per Seller

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3662

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2024
Sold by
Bought by
Current Estimated Value
$497,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$439,265
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$58,434

Purchase Details

Listed on
Apr 10, 2020
Closed on
Jun 26, 2020
Sold by
Bought by
Seller's Agent
Becky Barrick
COMPASS
Buyer's Agent
Michelle Harold
FirstPoint Real Estate LLC
List Price
$450,000
Sold Price
$437,500
Premium/Discount to List
-$12,500
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.12%
Original Mortgage
$350,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,300
Interest Rate
4.44%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 25, 2005
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$600,000 Cw Title
$437,500 Stewart Title
-- Ticor Title
$218,219 Ticor Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $450,000
Previous Owner $350,000
Previous Owner $227,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/30/2020 06/30/20 Sold $437,500 -0.6% $415 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
05/29/2020 05/29/20 Price Changed $439,950 -2.2% $417 / Sq Ft
04/10/2020 04/10/20 For Sale $450,000 -- $427 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,903 $377,600 $226,500 $151,100
2024 $3,903 $362,700 $216,100 $146,600
2023 $3,903 $334,700 $189,600 $145,100
2022 $3,720 $337,500 $189,600 $147,900
2021 $3,250 $228,800 $109,900 $118,900
2019 $1,905 $100,700 $57,000 $43,700
2018 $2,134 $149,300 $65,800 $83,500
2017 $1,886 $131,600 $58,100 $73,500
2016 $2,009 $114,300 $58,400 $55,900
2014 $830 $116,400 $61,900 $54,500
2013 $830 $97,700 $50,100 $47,600
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1588418

Northwest Multiple Listing Service (NWMLS)

APN: 502500-5755

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