Listed by Hawkins Poe, Bought with Coldwell Banker Danforth
NOT LISTED FOR SALE

1905 197th Ave SW Lakebay, WA 98349

Estimated Value: $390,000 - $454,790

3 Beds
2 Baths
1,326 Sq Ft
$325/Sq Ft Est. Value

Last Sold October 15, 2019

Last sale price $278,000 $210 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,643/month

1 Day on Market

Highlights

  • Waterfront Community
  • Fruit Trees
  • Attached Garage
  • RV Access or Parking
  • Territorial View
  • Patio

About This Home

As of October 2019

Welcome to the Palmer house! Delightfully updated, bright interior w/vaulted ceilings, fresh paint, updated kitchen w/slate floors, stainless steel appliances, newer Pergo floors & more. Open floor plan makes it easy to fit your over-sized couch & still have space to entertain. 2 bedrooms & master bedroom remain bright & cheerful. Double sliders lead out to two separate patios in the fenced backyard which is complete with a fire pit to enjoy the serenity at night.

Last Agent to Sell the Property

Melanie Hawkins

Hawkins Poe License #130974 Listed on: 09/05/2019

Hawkins Poe

Last Buyer's Agent

Mike Drake

Coldwell Banker Danforth License #27126

Coldwell Banker Danforth

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1513506

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,296

Year Built

  • Built in 2004

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Fruit Trees
  • Garden

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Slate Flooring
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Off-Street Parking
  • RV Access or Parking

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Territorial Views
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 6661201130

Community Details

Overview

  • Palmer Lake Community

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,296

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Homebuilder: Oasis
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Security System, Vaulted Ceilings, Walk In Pantry
  • Floor Covering: Ceramic Tile, Laminate, Slate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1326
  • Square Footage Finished: 1326

Exterior Features

  • Exterior: Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached, Off Street
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Wall
  • Power Company: Peninsula Light
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Washington Water
  • Water Heater: Garage-Electric
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 12
  • Community Name: Palmer Lake
  • Community Features: Community Waterfront/Pvt Beach

Schools

  • Elementary School: Evergreen Elem
  • Middle School: Key Peninsula Mid
  • High School: Peninsula High
  • School District: PEN

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 12160
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level, Partial Slope
  • Parcel Number: 6661201130
  • Lot Topography: Fruit Trees, Garden Space, Level, Partial Slope

Tax Info

  • Tax Amount: 2235

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2019
Closed on
Oct 9, 2019
Sold by
Wheat Kasey Gordon and Robison Julianna
Bought by
Bishop Melissa A
Seller's Agent
Melanie Hawkins
Hawkins Poe
Buyer's Agent
Mike Drake
Coldwell Banker Danforth
List Price
$275,000
Sold Price
$278,000
Premium/Discount to List
$3,000
1.09%
Current Estimated Value
$428,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,770
Avg. Annual Appreciation
7.55%
Original Mortgage
$283,977
Interest Rate
3.5%
Mortgage Type
VA

Purchase Details

Closed on
Oct 27, 2014
Sold by
Scott Lonnie V and Scott Janis M
Bought by
Wheat Kasey Gordon and Robison Julianna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,734
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2013
Sold by
Fannie Mae
Bought by
Scott Lonnie and Scott Janis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,720
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2012
Sold by
Williams Blake D and Williams Alexandria Nicole
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 26, 2008
Sold by
Cedarland Timothy M and Cedarland Karen E
Bought by
Williams Blake D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2005
Sold by
Oasis Builders Llc
Bought by
Cedarland Timothy M and Cedarland Karen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,950
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac
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
Bishop Melissa A $278,000 Wfg Natl Ttl Co Of Wa Llc
Wheat Kasey Gordon $158,219 Fidelity Natl Title Co Of Wa
Scott Lonnie -- Old Republic Title Ltd
Federal National Mortgage Association -- Old Republic Title Ltd
Williams Blake D $190,000 Transnation Title Ins Co
Cedarland Timothy M $199,950 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bishop Melissa A $50,000
Open Bishop Melissa A $289,188
Closed Bishop Melissa A $283,977
Previous Owner Wheat Kasey Gordon $161,734
Previous Owner Scott Lonnie $99,720
Previous Owner Williams Blake D $190,000
Previous Owner Cedarland Timothy M $179,950
Previous Owner Oasis Builders Llc $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2019 10/15/19 Sold $278,000 +1.1% $210 / Sq Ft
09/06/2019 09/06/19 Pending -- -- --
09/05/2019 09/05/19 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 $3,296 $393,800 $118,300 $275,500
2024 $3,296 $367,900 $124,800 $243,100
2023 $3,296 $357,800 $124,800 $233,000
2022 $3,130 $357,200 $113,000 $244,200
2021 $2,866 $259,200 $60,300 $198,900
2019 $2,235 $228,900 $41,900 $187,000
2018 $2,159 $202,900 $33,000 $169,900
2017 $1,792 $175,500 $29,900 $145,600
2016 $1,431 $125,900 $23,600 $102,300
2014 $1,552 $107,800 $18,400 $89,400
2013 $1,552 $95,000 $17,600 $77,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1513506

Northwest Multiple Listing Service (NWMLS)

APN: 666120-1130