Listed by Alchemy Real Estate, Bought with JW Real Estate, LLC
NOT LISTED FOR SALE

2005 197th Ave SW Lakebay, WA 98349

Estimated Value: $329,000 - $353,000

2 Beds
1 Bath
948 Sq Ft
$360/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $289,000 $305 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,097/month

30 Days on Market

About This Home

As of October 2022

A unique opportunity awaits in the lovely Palmer Lake community. This charmer has fresh updates throughout that brighten up every corner of the home. The cozy layout features living, dining, kitchen, & bathroom on the main floor, w/ two bedrooms on the second. Upgrades include new roof, flooring throughout, interior & exterior paint, trim & doors, bathroom, deck, and new stove. The landscape is carefully planted w/ drought resistant plants that will bloom throughout the seasons. Plenty of room for additional parking or RV space as well. Private community beach & picnic area are something to be desired. Just one hour from the city - call this home, a part time pied-à-terre/ or short term rental - at this price you can't go wrong!

Last Agent to Sell the Property

Blake Gallagher

Alchemy Real Estate License #100023 Listed on: 08/17/2022

Alchemy Real Estate

Last Buyer's Agent

Josh Ord

JW Real Estate, LLC License #26161

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1983521

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,217

Year Built

  • Built in 1976

Lot Details

  • 0.28 Acre Lot

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 948 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Palmer Lake Beach Club Association
  • Secondary HOA Phone (253) 884-1414
  • Lakebay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6661201160

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,217

Year Built

Built in 1976

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 11 - 1 1/2 Story
  • Year Built: 1976
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Palmer Lake
  • New Construction: No
  • CalculatedSquareFootage: 948
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,047

Interior Features

  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Living Area: 948
  • Bathrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 948
  • 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: 2

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Septic System, Electricity Available, Common Area Maintenance
  • HeatingCoolingType: Baseboard
  • CableConnected: Wave and Century Link

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Phone: 253-884-1414
  • Association: Yes
  • AssociationContactName: Palmer Lake Beach Club

Schools

  • Junior High Dist: Peninsula

Lot Info

  • Parcel Number: 6661201160
  • Land Lease: No
  • Lot Size Acres: 0.2779
  • Lot Size Sq Ft: 12104
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2217

Multi Family

  • EnergySource: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Oct 6, 2022
Sold by
New Leaf Unlimited Llc
Bought by
Szydloski Riley B
Seller's Agent
Blake Gallagher
Alchemy Real Estate
Buyer's Agent
Josh Ord
JW Real Estate, LLC
List Price
$299,950
Sold Price
$289,000
Premium/Discount to List
-$10,950
-3.65%
Current Estimated Value
$340,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,671
Avg. Annual Appreciation
5.30%
Original Mortgage
$260,100
Outstanding Balance
$251,871
Interest Rate
6.66%
Estimated Equity
$82,415

Purchase Details

Closed on
Jun 15, 2022
Sold by
Haimes Robin A
Bought by
New Leaf Unlimited Llc
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
Szydloski Riley B -- Wfg National Title Company Of
New Leaf Unlimited Llc $170,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Szydloski Riley B $260,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $289,000 0.0% $305 / Sq Ft
09/16/2022 09/16/22 Pending -- -- --
09/14/2022 09/14/22 Price Changed $289,000 -3.7% $305 / Sq Ft
09/10/2022 09/10/22 For Sale $299,950 0.0% $316 / Sq Ft
08/27/2022 08/27/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $299,950 -- $316 / 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 $2,433 $275,300 $118,100 $157,200
2024 $2,433 $265,800 $124,600 $141,200
2023 $2,433 $259,900 $124,600 $135,300
2022 $2,217 $254,300 $112,800 $141,500
2021 $2,010 $177,900 $60,200 $117,700
2019 $1,518 $151,500 $41,800 $109,700
2018 $1,477 $133,600 $32,900 $100,700
2017 $1,226 $116,300 $29,900 $86,400
2016 $978 $83,600 $23,500 $60,100
2014 $1,067 $70,700 $18,400 $52,300
2013 $1,067 $62,900 $17,600 $45,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1983521

Northwest Multiple Listing Service (NWMLS)

APN: 666120-1160