Listed by Keller Williams Realty PS, Bought with Neighborhood Experts Real Est.
NOT LISTED FOR SALE

1702 197th Ave SW Lakebay, WA 98349

Estimated Value: $426,000 - $469,000

3 Beds
2 Baths
1,326 Sq Ft
$335/Sq Ft Est. Value

Last Sold July 05, 2023

Last sale price $420,000 $317 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,739/month

15 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Storm Windows
  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Patio

About This Home

As of July 2023

Beat the heat with this energy-efficient 3bd/2ba home! Equipped with mini-split ductless heating and AC unit as well as a heat pump hot water tank! The lovely kitchen boasts granite countertops, an island or breakfast bar, and stainless steel appliances. The family and dining rooms have vaulted ceilings, creating an airy atmosphere. The open concept living area separates the primary bedroom from the kitchen and dining space. Large primary suite with 5-piece primary bath. Each room is spacious and comes with wall unit AC/heat for personalized comfort. Home was built in 2018 with a 30-year roof and cement lap siding for durability. Residents can also enjoy fishing and boating activities at Palmer Lake. Don't miss out on this opportunity!

Last Agent to Sell the Property

Derek Johnson

Keller Williams Realty PS License #22000343 Listed on: 05/18/2023

Keller Williams Realty PS

Last Buyer's Agent

Falynn Auston

Neighborhood Experts Real Est. License #21026742

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2068145

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,541

Year Built

  • Built in 2018

Lot Details

  • 9,600 Sq Ft Lot
  • Lot Dimensions are 80x120
  • Partially Fenced Property
  • Level Lot
  • Zoning described as Residnetial

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1,326 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Dining Room
  • Storm Windows

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Water Heater
  • Septic Tank

Community Details

  • Lakebay Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 17 / 1
  • Assessor Parcel Number 666120-017-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,541

Year Built

Built in 2018

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 2018
  • Inclusions: Dishwasher,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Building Name: Division 2
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1326
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: false
  • Special Features: None
  • Cumulative Days on Market: 801

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, Vaulted Ceiling(s), Water Heater
  • Living Area: 1326
  • Main Level Bedrooms: 3
  • Bathrooms: 2
  • BathsFullMain: 2
  • SquareFootageFinished: 1326
  • 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,Refrigerator,Stove/Range
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • WaterAccess: Community Waterfront/Pvt Beach

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central A/C, Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Heat Pump

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 180
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

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

Lot Info

  • Parcel Number: 666120-017-0
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.2204
  • Lot Size: 80X120
  • Lot Size Sq Ft: 9600
  • Zoning Description: Residnetial
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,Patio
  • MLSLotSizeSource: Public record
  • MLSSquareFootageSource: Public Record
  • ZoningJurisdiction: County
  • LotNumber: 17

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3541
  • AdditionalTaxIds: 666120-017-0

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Jun 29, 2023
Sold by
Morado Mark Anthony and Morado Danyale Nicole
Bought by
Gile Jessica
Seller's Agent
Derek Johnson
Keller Williams Realty PS
Buyer's Agent
Falynn Auston
Neighborhood Experts Real Est.
List Price
$420,000
Sold Price
$420,000
Views
23
Current Estimated Value
$444,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,809
Avg. Annual Appreciation
2.71%
Original Mortgage
$16,495
Outstanding Balance
$16,102
Interest Rate
6.57%
Estimated Equity
$428,707

Purchase Details

Listed on
Nov 29, 2018
Closed on
Mar 6, 2019
Sold by
Schrader Homes Inc
Bought by
Morado Mark Anthony and Morado Danyale Nicole
Seller's Agent
Eric Kelly
John L. Scott, Inc.
Buyer's Agent
Alex Pouliot
Keller Williams Realty
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.82%
Original Mortgage
$286,020
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Closed on
Jan 29, 2018
Sold by
Settle Glenn H
Bought by
Schrader Homes Inc

Purchase Details

Closed on
Jul 16, 2012
Sold by
Sinclair View Inc
Bought by
Settle Glenn H and Glenn H Settle Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.77%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 2, 2012
Sold by
L A Williams Construction Ltd
Bought by
Sinclair View Inc

Purchase Details

Closed on
Sep 28, 2005
Sold by
Demoss Michael D and Demoss Paula L
Bought by
L A Williams Construction Ltd

Purchase Details

Closed on
Dec 5, 1994
Sold by
Graham G Alexander E
Bought by
Demoss Michael D and Demoss Paula L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,000
Interest Rate
9.1%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 29, 1994
Sold by
Reid Timothy J
Bought by
Graham G Alexander E and Graham Deborah H
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
Gile Jessica -- Chicago Title
Morado Mark Anthony $280,000 Ticor Title
Schrader Homes Inc $8,719 Ticor Title
Settle Glenn H $198,400 None Available
Sinclair View Inc $210,000 None Available
L A Williams Construction Ltd $29,000 Ticor Title Of Wa Inc
Demoss Michael D $10,000 Rainier Title Company
Graham G Alexander E -- Rainier Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gile Jessica $16,495
Closed Gile Jessica $16,495
Open Gile Jessica $412,392
Previous Owner Morado Mark Anthony $289,570
Previous Owner Morado Mark Anthony $286,020
Previous Owner Schrader Homes Inc $185,000
Previous Owner Sinclair View Inc $200,000
Previous Owner Demoss Michael D $9,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2023 07/05/23 Sold $420,000 +2.4% $317 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
06/01/2023 06/01/23 Price Changed $410,000 -2.4% $309 / Sq Ft
05/18/2023 05/18/23 For Sale $420,000 +50.0% $317 / Sq Ft
03/08/2019 03/08/19 Sold $280,000 +1.8% $211 / Sq Ft
12/23/2018 12/23/18 Pending -- -- --
11/29/2018 11/29/18 For Sale $275,000 -- $207 / 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 $3,664 $445,400 $108,600 $336,800
2024 $3,664 $411,800 $114,600 $297,200
2023 $3,664 $399,500 $114,600 $284,900
2022 $3,534 $402,100 $103,700 $298,400
2021 $3,231 $293,900 $55,400 $238,500
2019 $257 $262,500 $38,300 $224,200
2018 $244 $21,700 $21,700 $0
2017 $244 $22,200 $22,200 $0
2016 $222 $17,500 $17,500 $0
2014 $277 $16,100 $16,100 $0
2013 $277 $15,400 $15,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2068145

Northwest Multiple Listing Service (NWMLS)

APN: 666120-0170