Listed by PropertiesNW of Gig Harbor Ltd, Bought with Sievers Real Estate
NOT LISTED FOR SALE

2319 197th Avenue Kp S Lakebay, WA 98349

Estimated Value: $422,000 - $446,000

3 Beds
2 Baths
1,196 Sq Ft
$362/Sq Ft Est. Value

Last Sold November 30, 2015

Last sale price $115,000 $96 Per Sq Ft

Est. 276% increase in value since last sale

Current estimated payment $2,553/month

88 Days on Market

Highlights

  • 1 Fireplace
  • Attached Garage
  • Partially Fenced Property
  • Cul-De-Sac
  • Garden
  • Level Lot

About This Home

As of November 2015

Affordable rambler in Palmer Lake. Newer home with a simple comfortable layout in need of cosmetic repairs. Quiet cul-de-sac with a big flat backyard. Bright kitchen with large dining area and slider to the backyard. Attached double garage and a fireplace. Private community lake access offers boating, fishing, swimming and a community park and beach area. Great little starter or investment opportunity!

Last Agent to Sell the Property

Patrick Mercado

PropertiesNW of Gig Harbor Ltd License #24129 Listed on: 08/06/2015

Co-Listed By

Joseph Mercado

Properties NW of Gig Harbor

Last Buyer's Agent

Fred Angus

Sievers Real Estate License #73392

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM830718

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,114

Year Built

  • Built in 2004

Lot Details

  • Cul-De-Sac
  • Partially Fenced Property
  • Level Lot
  • Garden

Parking

  • Attached Garage

Home Design

  • Composition Roof

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Additional Features

  • 1 Fireplace
  • Septic System
  • Unfinished Basement

Community Details

  • Palmer Lake Community

Listing and Financial Details

  • Assessor Parcel Number 6661201750

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,114

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Year Built: 2004
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw
  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • 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
  • Basement: Unfinished
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1196
  • Square Footage Finished: 1196

Exterior Features

  • Exterior: Cement/Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Wall
  • Sewer: Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 13
  • Community Name: Palmer Lake

Schools

  • School District: PEN

Lot Info

  • Lot Details: Cul-De-Sac
  • Lot Sq Ft: 9963
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 6661201750
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 1366

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2024
Sold by
Schmidtke Julia
Bought by
Schmidtke Richard
Current Estimated Value
$432,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,483
Outstanding Balance
$401,704
Interest Rate
6.82%
Mortgage Type
FHA
Estimated Equity
$30,907

Purchase Details

Closed on
May 9, 2024
Sold by
Sievers Gene J
Bought by
Schmidtke Stuart and Schmidtke Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,483
Outstanding Balance
$401,704
Interest Rate
6.82%
Mortgage Type
FHA
Estimated Equity
$30,907

Purchase Details

Closed on
Jan 23, 2024
Sold by
Sievers Jennifer L
Bought by
Sievers Gene J

Purchase Details

Closed on
Sep 22, 2019
Sold by
Pacheco Steve R and Pacheco Holly
Bought by
Sievers Jennifer L and Sievers Gene J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,775
Interest Rate
3.6%

Purchase Details

Listed on
Aug 6, 2015
Closed on
Nov 11, 2015
Sold by
Wells Fargo Bank Na
Bought by
Pacheco Steve R
Seller's Agent
Patrick Mercado
PropertiesNW of Gig Harbor Ltd
Buyer's Agent
Fred Angus
Sievers Real Estate
List Price
$130,000
Sold Price
$115,000
Premium/Discount to List
-$15,000
-11.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.35%

Purchase Details

Closed on
Jul 22, 2015
Sold by
Mccann Tim
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 14, 2004
Sold by
Oasis Builders Llc
Bought by
Mccann Tim and Mccann Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,800
Interest Rate
7%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 5, 2004
Sold by
Advance Resort Of America Inc
Bought by
Oasis Builders Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Schmidtke Richard -- Wfg National Title Company Of
Schmidtke Stuart $415,000 Wfg National Title Company Of
Sievers Gene J -- None Listed On Document
Sievers Jennifer L $269,750 Chicago Title
Pacheco Steve R $114,719 Accommodation
Wells Fargo Bank Na $137,709 None Available
Mccann Tim $141,000 Stewart Title
Oasis Builders Llc $10,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidtke Stuart $407,483
Previous Owner Sievers Jennifer L $242,775
Previous Owner Mccann Tim $112,800
Closed Mccann Tim $28,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2015 11/30/15 Sold $115,000 -1.7% $96 / Sq Ft
11/03/2015 11/03/15 Pending -- -- --
10/08/2015 10/08/15 Price Changed $117,000 -10.0% $98 / Sq Ft
08/06/2015 08/06/15 For Sale $130,000 -- $109 / 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 $3,114 $372,200 $110,100 $262,100
2024 $3,114 $347,400 $116,100 $231,300
2023 $3,114 $337,200 $116,100 $221,100
2022 $2,961 $336,800 $105,100 $231,700
2021 $2,709 $244,300 $56,100 $188,200
2019 $2,115 $215,700 $38,800 $176,900
2018 $2,044 $191,300 $30,600 $160,700
2017 $1,697 $165,500 $27,800 $137,700
2016 $1,366 $118,700 $21,900 $96,800
2014 $1,480 $102,500 $18,000 $84,500
2013 $1,480 $90,400 $17,200 $73,200
Source: Public Records

Agents Affiliated with this Home

  • Patrick Mercado

    Seller's Agent in 2015

    Patrick Mercado

    PropertiesNW of Gig Harbor Ltd

    (253) 370-0779

    2 in this area

    187 Total Sales

    Patrick Mercado
    Section Image

  • J

    Seller Co-Listing Agent in 2015

    Joseph Mercado

    Properties NW of Gig Harbor

  • Fred Angus

    Buyer's Agent in 2015

    Fred Angus

    Sievers Real Estate

    (253) 225-5667

    2 in this area

    24 Total Sales

    Fred Angus
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM830718

Northwest Multiple Listing Service (NWMLS)

APN: 666120-1750

Washington Pierce County Lakebay 98349

2319 197th Avenue Kp S, Lakebay, WA

This home is located at 2319 197th Avenue Kp S, Lakebay, WA 98349 since 06 August 2015 and is currently estimated at $432,611, approximately $361 per square foot. This property was built in 2004. 2319 197th Avenue 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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