Listed by Coldwell Banker Bain, Bought with New Beginnings Real Estate LLC
NOT LISTED FOR SALE

2017 Lake Drive Kp S Lakebay, WA 98349

Estimated Value: $295,000 - $400,982

1 Bed
1 Bath
616 Sq Ft
$560/Sq Ft Est. Value

Last Sold December 16, 2016

Last sale price $129,926 $211 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $2,111/month

5 Days on Market

Highlights

  • Waterfront Community
  • Fruit Trees
  • Territorial View
  • RV Access or Parking
  • Deck
  • 1 Fireplace

About This Home

As of December 2016

Palmer Lake Community w/Beach access. Swimming, Boating, and fishing are just minutes away from your front door. Three lots combined give lots of extra space to enjoy the outdoors on .70 acres. Rustic and spacious 1 bedroom cabin with large living room and free standing wood stove. Propane heat. Ceiling fans. Ceramic tile flooring. Large deck to enjoy the outdoors. Detached 2 car garage/shop and detached 2 car carport with storage/work room. Wood storage building.Garden shed.Warm and cozy living

Last Agent to Sell the Property

Richard Kemp

Coldwell Banker Bain License #2853 Listed on: 10/20/2016

Coldwell Banker Bain

Co-Listed By

Marc Kemp

Coldwell Banker Bain License #25003850

Last Buyer's Agent

Donna Lester

New Beginnings Real Estate LLC License #18337

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1043608

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,955

Year Built

  • Built in 1981

Lot Details

  • Street terminates at a dead end
  • Partially Fenced Property
  • Brush Vegetation
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Garden

Home Design

  • Cabin
  • Poured Concrete
  • Composition Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Detached Carport Space
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Utilities

  • Propane
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 6661000031

Community Details

Overview

  • Palmer Lake Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,955

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Cabin
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Ceiling Fan(s), Dbl Pane/Storm Windw
  • Floor Covering: Ceramic Tile, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 1
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 0.75
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 616
  • Square Footage Finished: 616

Exterior Features

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

Garage/Parking

  • Parking Type: Carport-Detached, Garage-Detached, Off Street
  • Total Covered Parking: 5

Utilities

  • Heating And Cooling: Stove/Free Standing, Wall
  • Power Company: Peninsula Light
  • Septic Approved for Number of Bedrooms: 1
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Palmer Lake/Washington Water
  • Water Heater: Closet-Electric
  • Water Source: Community

Condo/Co-op/Association

  • HOA Fees: 15
  • Community Name: Palmer Lake
  • Project: Palmer Lake
  • Community Features: Ccrs, Community Waterfront/Pvt Beach

Schools

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

Lot Info

  • Lot Number: 3,4,19
  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 30388
  • Lot Topography Vegetation: Brush, Fruit Trees, Garden Space, Level, Partial Slope, Wooded
  • Parcel Number: 6661000031
  • Zoning Jurisdiction: County
  • Lot Topography: Brush, Fruit Trees, Garden Space, Level, Partial Slope, Wooded

Tax Info

  • Tax Amount: 1302

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2016
Closed on
Dec 8, 2016
Sold by
Olson Russell B
Bought by
Lewis Jacqueline L
Seller's Agent
Richard Kemp
Coldwell Banker Bain
Buyer's Agent
Donna Lester
New Beginnings Real Estate LLC
List Price
$124,500
Sold Price
$129,926
Premium/Discount to List
$5,426
4.36%
Current Estimated Value
$344,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,070
Avg. Annual Appreciation
11.74%
Original Mortgage
$5,102
Outstanding Balance
$4,193
Interest Rate
3.94%
Mortgage Type
Unknown
Estimated Equity
$338,113

Purchase Details

Closed on
Apr 9, 2003
Sold by
Lietz Vernon F
Bought by
Olson Russell B

Purchase Details

Closed on
May 22, 1998
Sold by
Lietz Vernon F
Bought by
Elbert Daniel J and Elbert Linda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,500
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 1997
Sold by
Husted Raymond H
Bought by
Lietz Vernon F and Lietz Joann

Purchase Details

Closed on
Jun 9, 1997
Sold by
Lietz Vernon F and Lietz Joann
Bought by
Husted Raymond H and Husted Paula S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
7.98%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Lewis Jacqueline L $129,644 Ticor Title
Olson Russell B $51,000 --
Elbert Daniel J $69,500 Commonwealth Land Title Ins
Lietz Vernon F -- Rainier Title Company
Husted Raymond H $75,000 Rainier Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Jacqueline L $5,102
Open Lewis Jacqueline L $127,572
Previous Owner Olson Russell B $120,000
Previous Owner Elbert Daniel J $69,500
Previous Owner Husted Raymond H $63,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2016 12/16/16 Sold $129,926 +4.4% $211 / Sq Ft
10/26/2016 10/26/16 Pending -- -- --
10/20/2016 10/20/16 For Sale $124,500 -- $202 / 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 $2,955 $330,700 $164,800 $165,900
2024 $2,955 $327,000 $173,900 $153,100
2023 $2,955 $319,100 $173,900 $145,200
2022 $2,646 $310,700 $157,400 $153,300
2021 $2,364 $211,500 $84,100 $127,400
2019 $1,741 $178,000 $59,100 $118,900
2018 $1,703 $155,100 $46,600 $108,500
2017 $1,412 $135,900 $42,300 $93,600
2016 $1,053 $98,300 $33,300 $65,000
2014 $1,139 $76,800 $20,400 $56,400
2013 $1,139 $68,200 $19,600 $48,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Richard Kemp

    Coldwell Banker Bain

    (253) 851-9988

    1 in this area

    23 Total Sales

    Richard Kemp
    Section Image
  • Marc Kemp

    Seller Co-Listing Agent in 2016

    Marc Kemp

    Coldwell Banker Bain

    (253) 225-1223

    2 in this area

    166 Total Sales

    Marc Kemp
    Section Image

  • D

    Buyer's Agent in 2016

    Donna Lester

    New Beginnings Real Estate LLC

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1043608

Northwest Multiple Listing Service (NWMLS)

APN: 666100-0031

Washington Pierce County Lakebay 98349

2017 Lake Drive Kp S, Lakebay, WA

This home is located at 2017 Lake Drive Kp S, Lakebay, WA 98349 since 20 October 2016 and is currently estimated at $344,996, approximately $560 per square foot. This property was built in 1981. 2017 Lake Drive Kp S is a home located in Pierce County with nearby schools including Evergreen Elementary School, Key Peninsula Middle School, and Peninsula High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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