Listed by Paramount Real Estate Group
$545,000
PENDING $54K PRICE DROP

321 198th Ave NW Lakebay, WA 98349

Estimated payment $3,283/month

Total Views 8,432
3 Beds
2 Baths
2,160 Sq Ft
$252 Price per Sq Ft

Highlights

  • Greenhouse
  • 2.43 Acre Lot
  • Secluded Lot
  • RV Access or Parking
  • Deck
  • Wooded Lot

About This Home

Discover space and privacy at this 2,160 SqFt home on 2.43 acres in Lakebay. 3-bedroom home that lives like a 4-bedroom offering flexible use of space. Cozy living room welcomes you with natural light, wood beam ceilings, and a white brick fireplace. Kitchen features quartz countertops & ceiling-height cabinets. Large family room includes dining area and dual sliders to the backyard. Upstairs: spacious primary with private deck, two additional bedrooms, den/office, and full bath. Outside offers a fenced patio and backyard, 24x24 cement pad w/ 220V power. Whether you prefer raising animals, expanding w/ additional buildings, or peaceful walks around your property, this is the home for you! A true Lakebay escape with room to grow.

Listing Agent

Taylor Cryder

Paramount Real Estate Group License #140962 Listed on: 06/05/2025

Co-Listing Agent

Donna Cryder

Paramount Real Estate Group License #31068

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2387275

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,551

Year Built

  • Built in 1982

Lot Details

  • 2.43 Acre Lot
  • Dirt Road
  • Open Space
  • Street terminates at a dead end
  • West Facing Home
  • Partially Fenced Property
  • Secluded Lot
  • Level Lot
  • Wooded Lot
  • Garden
  • Property is in good condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Electric Fireplace
  • Territorial Views
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Greenhouse

Schools

  • Evergreen Elementary School
  • Key Peninsula Mid Middle School
  • Peninsula High School

Utilities

  • Heating System Mounted To A Wall or Window
  • Generator Hookup
  • Well
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lakebay Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,551

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 12 - 2 Story
  • Year Built: 1982
  • Inclusions: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Pending
  • Prev Status: Pending
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2160
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2387275?w=Consumer&agent=129123
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl Plank
  • Interior Amenities: Ceiling Fan(s), Double Pane/Storm Window, Fireplace, Skylight(s), Walk-In Pantry, Water Heater, Wired for Generator
  • Living Area: 2160
  • Main Level Bathrooms: 1
  • Bathrooms: 1.75
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 2160
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street, Dirt Road, Open Space, Secluded
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Direction Faces: West
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Driveway, RV Parking

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Peninsula Light Company
  • SewerCompany: Septic
  • WaterCompany: Individual Well
  • WaterHeaterLocation: Closet under Stairs
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Peninsula
  • High School: Peninsula High
  • Middle Or Junior School: Key Peninsula Mid

Lot Info

  • Parcel Number: 0021347010
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 2.43
  • Lot Size Sq Ft: 105851
  • Zoning: R10
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Green House,High Speed Internet,Patio,RV Parking
  • MLSLotSizeSource: County
  • MLSSquareFootageSource: County
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2025
  • Tax Annual Amount: 4551.37

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Evergreen Elem

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,313 $503,300 $194,700 $308,600
2024 $4,313 $518,500 $200,900 $317,600
2023 $4,313 $473,100 $182,100 $291,000
2022 $3,785 $472,300 $182,100 $290,200
2021 $848 $329,900 $100,500 $229,400
2019 $3,098 $312,600 $81,600 $231,000
2018 $2,684 $286,400 $71,300 $215,100
2017 $2,684 $261,600 $59,400 $202,200
2016 $2,492 $201,000 $46,500 $154,500
2014 $2,221 $194,700 $50,500 $144,200
2013 $2,221 $179,300 $46,800 $132,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 Pending -- -- --
07/22/2025 07/22/25 Price Changed $545,000 -2.7% $252 / Sq Ft
07/11/2025 07/11/25 Price Changed $560,000 -0.9% $259 / Sq Ft
06/25/2025 06/25/25 Price Changed $565,000 -3.4% $262 / Sq Ft
06/16/2025 06/16/25 Price Changed $585,000 -2.3% $271 / Sq Ft
06/05/2025 06/05/25 For Sale $599,000 +10.9% $277 / Sq Ft
10/26/2023 10/26/23 Sold $540,000 0.0% $250 / Sq Ft
10/07/2023 10/07/23 Pending -- -- --
09/29/2023 09/29/23 Price Changed $540,000 -1.8% $250 / Sq Ft
08/17/2023 08/17/23 For Sale $550,000 +7.9% $255 / Sq Ft
09/30/2021 09/30/21 Sold $509,950 0.0% $236 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $509,950 -- $236 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $540,000 Stewart Title
Warranty Deed $509,950 First American Title
Warranty Deed $131,500 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $513,000 New Conventional
Previous Owner $465,950 New Conventional
Previous Owner $245,160 VA
Previous Owner $147,513 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $167,000 Fannie Mae Freddie Mac
Previous Owner $131,500 VA
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2387275

Northwest Multiple Listing Service (NWMLS)

APN: 002134-7010