NOT LISTED FOR SALE

16720 Erickson Rd SW Longbranch, WA 98351

Estimated Value: $347,000 - $651,775

2 Beds
1 Bath
1,232 Sq Ft
$404/Sq Ft Est. Value

Last Sold November 04, 2016

Last sale price $175,000 $142 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $2,997/month

15 Days on Market

Highlights

  • Horses Allowed On Property
  • Territorial View
  • 1 Fireplace
  • Fruit Trees
  • Wood Flooring
  • Detached Garage

About This Home

As of November 2016

Think potential! This 2 Bdrm, 1 Bth home on 14.9 acres has a lot of history and character. Built in 1900, this is probably one of the first homes constructed on the Peninsula and is set up perfect for horses or a farm. Detached 2 car garage, outbuilding, original hardwood floors throughout. If you're looking to build some sweat equity, This is it!

Last Agent to Sell the Property

Stephen Hsu

COMPASS License #23683 Listed on: 08/16/2016

COMPASS

Co-Listed By

Ryan Meacham

Engel & Voelkers Chambers Bay License #11565

Last Buyer's Agent

Steve Hiatt

Better Properties UP/Fircrest License #103770

Better Properties UP/Fircrest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1015789

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • Brush Vegetation
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Garden
  • Value in Land

Parking

  • Detached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1 Fireplace
  • Territorial Views

Flooring

  • Wood
  • Vinyl

Utilities

  • Private Water Source
  • Septic System

Additional Features

  • Pasture
  • Horses Allowed On Property

Community Details

  • Lakebay Community

Listing and Financial Details

  • Assessor Parcel Number 0020144019

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 11 - 1 1/2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1900
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Hardwood, Vinyl
  • Bedrooms: 2.00
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1232
  • Square Footage Finished: 1232

Exterior Features

  • Exterior: Wood, Wood Products
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: Peninsula Light
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Source: Private

Condo/Co-op/Association

  • Community Name: Lakebay

Schools

  • School District: PEN

Lot Info

  • Lot Details: Value In Land
  • Lot Sq Ft: 649915
  • Lot Topography Vegetation: Brush, Equestrian, Fruit Trees, Garden Space, Level, Pasture, Wooded
  • Parcel Number: 0020144019
  • Zoning Jurisdiction: County
  • Lot Topography: Brush, Equestrian, Fruit Trees, Garden Space, Level, Pasture, Wooded

Tax Info

  • Tax Amount: 2258

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2016
Closed on
Nov 3, 2016
Sold by
Fannie Mae
Bought by
Johnson Joshua David
Seller's Agent
Stephen Hsu
COMPASS
Buyer's Agent
Steve Hiatt
Better Properties UP/Fircrest
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$497,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,944
Avg. Annual Appreciation
12.15%
Original Mortgage
$160,650
Outstanding Balance
$129,218
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$368,726

Purchase Details

Listed on
Aug 16, 2016
Closed on
Sep 8, 2016
Sold by
Reverse Mortgage Solutions Inc
Bought by
Federal National Mortgage Association
Seller's Agent
Stephen Hsu
COMPASS
Buyer's Agent
Steve Hiatt
Better Properties UP/Fircrest
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,650
Outstanding Balance
$129,218
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$368,726

Purchase Details

Closed on
Apr 14, 2016
Sold by
Estate Of Sherle Marietta
Bought by
Reverse Mortgage Solutions Inc

Purchase Details

Closed on
Sep 4, 2015
Sold by
Estate Of Sherle Marietta
Bought by
Reverse Mortgage Solutions Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Johnson Joshua David $175,000 Lawyers Title
Federal National Mortgage Association -- Lawyers Title
Reverse Mortgage Solutions Inc $220,000 None Available
Reverse Mortgage Solutions Inc $220,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Joshua David $160,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2016 11/04/16 Sold $175,000 0.0% $142 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
08/16/2016 08/16/16 For Sale $175,000 -- $142 / 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 $4,533 $553,500 $353,800 $199,700
2024 $4,533 $533,000 $344,300 $188,700
2023 $4,533 $497,800 $311,100 $186,700
2022 $3,803 $476,200 $275,500 $200,700
2021 $3,620 $330,600 $171,000 $159,600
2019 $3,014 $287,900 $143,300 $144,600
2018 $2,775 $278,100 $139,000 $139,100
2017 $2,477 $228,700 $104,800 $123,900
2016 $2,258 $186,600 $88,800 $97,800
2014 $2,318 $175,400 $85,600 $89,800
2013 $2,318 $177,600 $93,200 $84,400
Source: Public Records

Agents Affiliated with this Home

  • Stephen Hsu

    Seller's Agent in 2016

    Stephen Hsu

    COMPASS

    (253) 948-8900

    1 in this area

    96 Total Sales

    Stephen Hsu
    Section Image
  • Ryan Meacham

    Seller Co-Listing Agent in 2016

    Ryan Meacham

    Engel & Voelkers Chambers Bay

    (253) 222-5883

    92 Total Sales

    Ryan Meacham
    Section Image
  • Steve Hiatt

    Buyer's Agent in 2016

    Steve Hiatt

    Better Properties UP/Fircrest

    (253) 312-1834

    230 Total Sales

    Steve Hiatt
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1015789

Northwest Multiple Listing Service (NWMLS)

APN: 002014-4019

Washington Pierce County Longbranch 98351

16720 Erickson Rd SW, Longbranch, WA

Not Listed for Sale

Detached

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Based on information submitted to the MLS GRID

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