Listed by Paramount Real Estate Group, Bought with Better Properties Gig Harbor
NOT LISTED FOR SALE

22 Key Peninsula Hwy S Lakebay, WA 98349

Estimated Value: $653,840 - $685,000

3 Beds
2 Baths
1,558 Sq Ft
$430/Sq Ft Est. Value

Last Sold August 26, 2016

Last sale price $278,500 $179 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $4,082/month

93 Days on Market

Highlights

  • RV Access or Parking
  • Mountain View
  • Secluded Lot
  • Fruit Trees
  • Contemporary Architecture
  • 1 Fireplace

About This Home

As of August 2016

Come and be delighted! We are on the move sorting and packing w/boxes everywhere, interior photos have to wait. You'll love the spaciousness of the home with great room concept and new beautiful dark walnut flooring. The separation of the master from the additional bedrooms w/2 full bathrooms is another great feature, as is the large pantry/laundry off the kitchen. Garage PLUS a carport, 4 - 9X12 sheds and a huge 1,296 SF detached enhanced shop/garage! All this on on 3 landscaped/natural acres

Last Agent to Sell the Property

Linda Wood

Paramount Real Estate Group License #18588 Listed on: 03/30/2016

Co-Listed By

Rebecca May

Keller Williams West Sound

Last Buyer's Agent

Jami Robson

Better Properties Gig Harbor License #94898

Better Properties Gig Harbor

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM914992

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,700

Year Built

  • Built in 2000

Lot Details

  • Brush Vegetation
  • Secluded Lot
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Garden
  • Drought Tolerant Landscaping
  • Property is zoned County - R10 - Rural

Property Views

  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Well
  • Septic System
  • Cable TV Available

Community Details

  • Lakebay Community

Listing and Financial Details

  • Assessor Parcel Number 0020021022

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,700

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Walk In Pantry
  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, 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
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1558
  • Square Footage Finished: 1558

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Cement Planked, Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Mountain, Territorial

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air, Stove/Free Standing, Wall
  • Power Company: Peninsula Light
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Sewer Company: 3 Bdrm Gravity Septic
  • Water Company: Private Well
  • Water Heater: Laundry/Pantry Room-Electric
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Lakebay

Schools

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

Lot Info

  • Lot Details: Drought Res Landscpe, Paved Street, Secluded
  • Lot Sq Ft: 130680
  • Lot Topography Vegetation: Brush, Fruit Trees, Garden Space, Level, Partial Slope, Wooded
  • Parcel Number: 0020021022
  • Zoning Code: County - R10 - Rural
  • Zoning Jurisdiction: County
  • Lot Topography: Brush, Fruit Trees, Garden Space, Level, Partial Slope, Wooded

Tax Info

  • Tax Amount: 2815

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2025
Sold by
Nix Chad W and Nix Amanda L
Bought by
Smith Nicholas and Smith Savannah
Current Estimated Value
$673,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$692,110
Outstanding Balance
$690,891
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
-$27,654

Purchase Details

Listed on
Mar 30, 2016
Closed on
Aug 19, 2016
Sold by
Spain Blackwood Laverna Holwill and Estate Of Larry B Blackwood
Bought by
Nix Chad W and Nix Amanda L
Seller's Agent
Linda Wood
Paramount Real Estate Group
Buyer's Agent
Jami Robson
Better Properties Gig Harbor
List Price
$289,000
Sold Price
$278,500
Premium/Discount to List
-$10,500
-3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%
Original Mortgage
$275,262
Interest Rate
3.42%
Mortgage Type
VA

Purchase Details

Closed on
Jul 30, 1997
Sold by
Felker Robert S and Felker Betty
Bought by
Blackwood Larry B and Blackwood Bea L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
7.61%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 15, 1997
Sold by
Knapp Earle F and Knapp Mary M
Bought by
Burns John A and Burns Agnes L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
7.61%
Mortgage Type
Seller Take Back
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
Smith Nicholas $670,000 Aegis Land Title
Nix Chad W $278,219 Fatco
Blackwood Larry B $26,000 --
Burns John A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Nicholas $692,110
Previous Owner Nix Chad W $396,900
Previous Owner Nix Chad W $25,000
Previous Owner Nix Chad W $275,262
Previous Owner Blackwood Larry B $40,000
Previous Owner Blackwood Larry B $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2016 08/26/16 Sold $278,500 -3.6% $179 / Sq Ft
07/02/2016 07/02/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $289,000 -- $185 / 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 $4,700 $597,200 $208,200 $389,000
2024 $4,700 $539,800 $202,600 $337,200
2023 $4,700 $517,000 $183,100 $333,900
2022 $4,168 $521,000 $162,100 $358,900
2021 $4,127 $378,900 $100,600 $278,300
2019 $3,492 $337,100 $83,300 $253,800
2018 $2,961 $324,500 $80,800 $243,700
2017 $2,961 $278,000 $60,900 $217,100
2016 $1,907 $224,300 $51,600 $172,700
2014 $1,871 $204,600 $50,900 $153,700
2013 $1,871 $199,800 $55,400 $144,400
Source: Public Records

Agents Affiliated with this Home

  • Linda Wood

    Seller's Agent in 2016

    Linda Wood

    Paramount Real Estate Group

    (360) 620-0256

    18 Total Sales

    Section Image

  • R

    Seller Co-Listing Agent in 2016

    Rebecca May

    Keller Williams West Sound

    Section Image

  • J

    Buyer's Agent in 2016

    Jami Robson

    Better Properties Gig Harbor

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM914992

Northwest Multiple Listing Service (NWMLS)

APN: 002002-1022

Washington Pierce County Lakebay 98349

22 Key Peninsula Hwy S, Lakebay, WA

This home is located at 22 Key Peninsula Hwy S, Lakebay, WA 98349 since 30 March 2016 and is currently estimated at $669,460, approximately $429 per square foot. This property was built in 2000. 22 Key Peninsula Hwy 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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