NOT LISTED FOR SALE

2322 197th Avenue Ct SW Lakebay, WA 98349

Estimated Value: $318,000 - $388,659

3 Beds
1 Bath
936 Sq Ft
$385/Sq Ft Est. Value

Last Sold June 25, 2019

Last sale price $232,000 $248 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,142/month

4 Days on Market

Highlights

  • Waterfront Community
  • Corner Lot
  • Attached Garage
  • Territorial View
  • Cul-De-Sac
  • Patio

About This Home

As of June 2019

Wow! Sweet one-level home on corner lot in Palmer Lake neighborhood! On a cul d' sac, and fully fenced for future fun -- croquet anyone? Newer Pergo flooring for easy care. Updated kitchen with beautiful tile backsplash & solid surface counter tops. All appliances included. Master bedroom en suite with 3/4 bath. Lock out plug for generator in garage. 8 X 10 shed for storage. Includes access to Palmer Lake and community basketball court. Peninsula Schools.

Last Agent to Sell the Property

Kate Wilson

Windermere RE West Sound Inc. License #108811 Listed on: 05/18/2019

Windermere RE West Sound Inc.

Co-Listed By

Barbara Allen

Windermere Professional Prtnrs

Last Buyer's Agent

Elsa Borgen

Engel & Voelkers Chambers Bay License #23028070

Engel & Voelkers Chambers Bay

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1457940

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,648

Year Built

  • Built in 1997

Lot Details

  • Cul-De-Sac
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Garden

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Off-Street Parking

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Territorial Views
  • Laminate Flooring
  • 1 Bathroom

Listing and Financial Details

  • Assessor Parcel Number 6661201720

Community Details

Overview

  • Palmer Lake Community

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,648

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wired For Generator, Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw
  • Floor Covering: Laminate
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 936
  • Square Footage Finished: 936

Exterior Features

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

Garage/Parking

  • Parking Type: Garage-Attached, Off Street
  • Total Covered Parking: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 13
  • Community Name: Palmer Lake
  • Project: Palmer Lake Division 2
  • 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: Corner Lot, Cul-De-Sac, Paved Street
  • Lot Sq Ft: 8276
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 6661201720
  • Lot Topography: Garden Space, Level

Rental Info

  • Monthly Rentif Rented: 1500

Tax Info

  • Tax Amount: 1645

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2021
Sold by
Barranco Bernabe Morales
Bought by
Barranco Bernabe Morales and Morales Vladimir Manuel
Current Estimated Value
$360,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,150
Outstanding Balance
$210,187
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$154,692

Purchase Details

Listed on
May 18, 2019
Closed on
Jun 24, 2019
Sold by
Henry Lorraine J
Bought by
Barranco Bernabe Morales and Miller Rosaura
Seller's Agent
Kate Wilson
Windermere RE West Sound Inc.
Buyer's Agent
Elsa Borgen
Engel & Voelkers Chambers Bay
List Price
$225,000
Sold Price
$232,000
Premium/Discount to List
$7,000
3.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%
Original Mortgage
$227,797
Interest Rate
3.9%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 24, 2005
Sold by
Futch Robert C
Bought by
Henry Lorraine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
5.68%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 25, 2004
Sold by
Willis Gladys
Bought by
Futch Ii Robert C and Futch Rebecca K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,500
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 1997
Sold by
Ron Angell Masonry Inc
Bought by
Daniels Lucille

Purchase Details

Closed on
Jan 9, 1997
Sold by
Mckewen John J
Bought by
Ron Angell Masonry Inc
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
Barranco Bernabe Morales $110,484 First American Title
Barranco Bernabe Morales -- First American Title Ins Co
Barranco Bernabe Morales $232,000 Attorneys Title
Henry Lorraine J $139,000 Transnation Title
Futch Ii Robert C $96,500 First American Title Ins Co
Daniels Lucille $63,800 --
Ron Angell Masonry Inc $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barranco Bernabe Morales $231,150
Previous Owner Barranco Bernabe Morales $227,797
Previous Owner Henry Lorraine J $135,513
Previous Owner Henry Lorraine Jean $157,325
Previous Owner Henry Lorraine J $139,000
Previous Owner Futch Ii Robert C $96,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2019 06/25/19 Sold $232,000 +3.1% $248 / Sq Ft
05/22/2019 05/22/19 Pending -- -- --
05/18/2019 05/18/19 For Sale $225,000 -- $240 / 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 $2,648 $309,800 $102,800 $207,000
2024 $2,648 $291,900 $108,500 $183,400
2023 $2,648 $284,300 $108,500 $175,800
2022 $2,487 $282,000 $98,200 $183,800
2021 $2,286 $204,100 $52,400 $151,700
2019 $1,645 $164,100 $36,200 $127,900
2018 $1,318 $145,900 $28,500 $117,400
2017 $1,318 $126,500 $25,900 $100,600
2016 $1,084 $91,100 $20,400 $70,700
2014 $1,180 $79,400 $17,600 $61,800
2013 $1,180 $69,800 $16,900 $52,900
Source: Public Records

Agents Affiliated with this Home

  • Kate Wilson

    Seller's Agent in 2019

    Kate Wilson

    Windermere Real Estate West Sound Inc.

    (360) 620-6830

    48 Total Sales

    Kate Wilson
    Section Image

  • B

    Seller Co-Listing Agent in 2019

    Barbara Allen

    Windermere Professional Prtnrs

    Section Image
  • Elsa Borgen

    Buyer's Agent in 2019

    Elsa Borgen

    Engel & Voelkers Chambers Bay

    (253) 606-8212

    38 Total Sales

    Elsa Borgen
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1457940

Northwest Multiple Listing Service (NWMLS)

APN: 666120-1720

Washington Pierce County Lakebay 98349

2322 197th Avenue Ct SW, Lakebay, WA

This home is located at 2322 197th Avenue Ct SW, Lakebay, WA 98349 since 18 May 2019 and is currently estimated at $360,665, approximately $385 per square foot. This property was built in 1997. 2322 197th Avenue Ct SW 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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