NOT LISTED FOR SALE

306 Lorenz Rd NW Lakebay, WA 98349

Lakebay Neighborhood

Estimated Value: $1,309,000 - $1,539,000

3 Beds
3 Baths
4,254 Sq Ft
$339/Sq Ft Est. Value

Last Sold May 03, 2019

Last sale price $895,000 $210 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $8,307/month

1 Day on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • RV Access or Parking
  • Views of a Sound
  • Spa
  • Fruit Trees

About This Home

As of May 2019

Imagine life in a picturesque setting, a storybook scene of coastal living. Where walls of windows in bright open spaces frame passing boats, harbor seals & wildlife. The dock & 147 ft of low-bank frontage beckon you to set sail. This oasis, rebuilt from the ground up in 2009, offers tranquil days to enjoy the orchard, gardens & hot tub on the deck. Quality built, handicap accessible, with vast relaxed spaces for friends, crafts & music. A magical spot. This is the Home Port of Life Lived Well.

Last Agent to Sell the Property

Joe Sanchez

Coldwell Banker Bain License #71719 Listed on: 03/25/2019

Coldwell Banker Bain

Co-Listed By

Lynn Macgougan

Paramount Real Estate Group License #24050

Last Buyer's Agent

Nina Thornsburg

Windermere R E Mount Baker License #18218

Windermere R E Mount Baker

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1420645

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,499

Year Built

  • Built in 1975

Lot Details

  • Low Bank Waterfront Property
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Garden

Property Views

  • Views of a Sound
  • Bay
  • Territorial

Home Design

  • Northwest Architecture
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3 Bathrooms
  • 1 Fireplace
  • Partially Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Spa
  • Tideland Water Rights
  • Bulkhead
  • Docks
  • Deck
  • Outbuilding

Utilities

  • Well
  • Septic System
  • High Speed Internet

Community Details

  • Lakebay Community

Listing and Financial Details

  • Assessor Parcel Number 0021367002

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,499

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Nw Contemporary
  • Homebuilder: Pete Grobin
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wine Cellar, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, High Tech Cabling, Loft, Security System, Skylights, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 3.75
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 3
  • Total Half Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Daylight, Partially Finished
  • Den or Office: Main
  • Dining Room: Main
  • Extra Finished Room: Upper
  • Family Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4368
  • Square Footage Finished: 4254
  • Square Footage Unfinished: 114

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete, Slab
  • Roof: Composition
  • View: Bay, Sound, Territorial
  • Waterfront: Bank-Low, Bulkhead, Sound, Tideland Rights
  • Waterfront Frontage: 147

Garage/Parking

  • Parking Type: Carport-Attached, Garage-Attached, Off Street
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Forced Air, Heat Pump, High Efficiency (Unspecified), Stove/Free Standing, Hot Water Recirc Pump
  • Power Company: Peninsula Light
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Individual Well
  • Water Heater: Lower Level-Electric
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Lakebay

Schools

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

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 93175
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level, Sloped, Terraces
  • Parcel Number: 0021367002
  • Zoning Jurisdiction: County
  • Lot Topography: Fruit Trees, Garden Space, Level, Sloped, Terraces

Tax Info

  • Tax Amount: 8611

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2019
Closed on
Apr 29, 2019
Sold by
Johnson Phillip A and Johnson Karen S
Bought by
Ballinger Allen D and Ballinger Marcel Y
Seller's Agent
Joe Sanchez
Coldwell Banker Bain
Buyer's Agent
Nina Thornsburg
Windermere R E Mount Baker
List Price
$895,000
Sold Price
$895,000
Current Estimated Value
$1,357,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$462,456
Avg. Annual Appreciation
7.02%
Original Mortgage
$716,000
Outstanding Balance
$632,091
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$737,718

Purchase Details

Closed on
Jun 4, 2007
Sold by
Seavy Donald Keith and Seavy Gilbert Edward
Bought by
Johnson Phillip A and Johnson Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 6, 2005
Sold by
Seavy Donald Keith
Bought by
Seavy Donald Keith and Seavy Gilbert Edward

Purchase Details

Closed on
Dec 29, 1997
Sold by
Wells Fargo Bank Na
Bought by
Seavy Keith Vernon and Seavy Virginia Berntson
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
Ballinger Allen D $895,000 Rainier Title
Johnson Phillip A $579,950 Rainier Title
Seavy Donald Keith -- --
Seavy Keith Vernon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballinger Allen D $716,000
Previous Owner Johnson Phillip A $417,000
Previous Owner Johnson Phillip A $125,000
Previous Owner Johnson Phillip A $279,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2019 05/03/19 Sold $895,000 0.0% $210 / Sq Ft
03/26/2019 03/26/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $895,000 -- $210 / 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 $10,499 $1,371,200 $461,300 $909,900
2024 $10,499 $1,324,000 $461,300 $862,700
2023 $10,499 $1,174,700 $432,500 $742,200
2022 $10,187 $1,275,200 $392,100 $883,100
2021 $9,507 $890,000 $265,300 $624,700
2019 $8,611 $863,500 $243,000 $620,500
2018 $4,193 $819,700 $228,200 $591,500
2017 $7,057 $715,700 $206,200 $509,500
2016 $6,896 $598,900 $195,100 $403,800
2014 $7,527 $555,700 $162,500 $393,200
2013 $7,527 $523,600 $162,500 $361,100
Source: Public Records

Agents Affiliated with this Home

  • Joe Sanchez

    Seller's Agent in 2019

    Joe Sanchez

    Coldwell Banker Bain

    (253) 820-1148

    83 Total Sales

    Section Image
  • Lynn Macgougan

    Seller Co-Listing Agent in 2019

    Lynn Macgougan

    Paramount Real Estate Group

    (253) 677-3893

    126 Total Sales

    Section Image
  • Nina Thornsburg

    Buyer's Agent in 2019

    Nina Thornsburg

    Windermere Corporate

    (206) 817-5460

    56 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1420645

Northwest Multiple Listing Service (NWMLS)

APN: 002136-7002

Washington Pierce County Lakebay 98349 Lakebay

306 Lorenz Rd NW, Lakebay, WA

This home is located at 306 Lorenz Rd NW, Lakebay, WA 98349 since 25 March 2019 and is currently estimated at $1,442,766, approximately $339 per square foot. This property was built in 1975. 306 Lorenz Rd NW 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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