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

407 E Madrona Boulevard Kp N Lakebay, WA 98349

Estimated Value: $181,000 - $305,000

1 Bed
1 Bath
520 Sq Ft
$479/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $32,000 $62 Per Sq Ft

Est. 679% increase in value since last sale

Current estimated payment $1,468/month

38 Days on Market

About This Home

As of August 2013

Here's a cozy Herron Island cabin on a third of an acre! 520 square feet with 1 bedroom and a 3/4 bathroom. There is a spiffy loft over the living room, 1 car attached carport and 3 small outbuildings for extra storage! Access to the community beach area, dock and boat launch. Check out the community beach in the photos...PRIME Puget Sound Waterfront!

Last Agent to Sell the Property

Graham Mercado

PropertiesNW of Gig Harbor Ltd License #24100 Listed on: 04/10/2013

Co-Listed By

Patrick Mercado

PropertiesNW of Gig Harbor Ltd License #24129

Last Buyer's Agent

Neil Bender

PropertiesNW of Gig Harbor Ltd License #80731

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM471047

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$1,452

Year Built

1974

Lot Details

0

Listing Details

  • Condition: Fair
  • Sq Ft Finished: 520
  • Form 17: Exempt
  • Special Features: 20
  • Year Built: 1974

Interior Features

  • Fireplaces: 1
  • Features: Loft, Vaulted Ceilings
  • Fireplaces: 1
  • Floor: Vinyl, Wall to Wall Carpet
  • Water Heater Location: Electric

Exterior Features

  • Roof: Composition
  • Community Features: Boat Launch, Private Beach Access
  • Exterior: Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • Site Features: Partial Fence, Outbuildings
  • View: Partial, Sound
  • Lot Topography: Level, Partial Slope

Garage/Parking

  • Parking Type: Carport-Attached
  • Total Covered Spaces: 1

Utilities

  • Heating: Baseboard
  • Heating and Cooling: Baseboard
  • Sewer: Septic
  • Water Source: Community

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2017
Sold by
Hangaard Kathryn and Hangaard Jason
Bought by
Pierce Arik and Pierce Michael
Current Estimated Value
$249,144

Purchase Details

Listed on
Apr 10, 2013
Closed on
Aug 29, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hangaard Jason and Hangaard Kathryn
Seller's Agent
Graham Mercado
PropertiesNW of Gig Harbor Ltd
Buyer's Agent
Neil Bender
PropertiesNW of Gig Harbor Ltd
List Price
$34,900
Sold Price
$32,000
Premium/Discount to List
-$2,900
-8.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.62%

Purchase Details

Closed on
Jan 2, 2013
Sold by
Clark Denny L and Clark Carolyn G
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jul 20, 2007
Sold by
Jaren Matt Alfred
Bought by
Clark Denny L and Clark Carolyn G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 1999
Sold by
Qvale Mark F
Bought by
Fletcher Maxine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,300
Interest Rate
7.2%

Purchase Details

Closed on
Oct 25, 1996
Sold by
Huff David G and Huff Linda M
Bought by
Qvale Mark F and Qvale Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,400
Interest Rate
7.5%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Pierce Arik $39,219 Nextitle
Hangaard Jason -- Nextitle
Federal Home Loan Mortgage Corp $76,000 Nextitle
Clark Denny L $110,000 None Available
Fletcher Maxine R $57,000 First American Title Ins Co
Qvale Mark F $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clark Denny L $110,000
Previous Owner Jaren Mathias A $75,000
Previous Owner Fletcher Maxine R $51,300
Previous Owner Qvale Mark F $30,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2013 08/30/13 Sold $32,000 -8.3% $62 / Sq Ft
05/17/2013 05/17/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $34,900 -- $67 / 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 $1,452 $171,000 $108,800 $62,200
2024 $1,452 $166,300 $104,100 $62,200
2023 $1,452 $154,400 $99,400 $55,000
2022 $1,156 $142,500 $91,800 $50,700
2021 $1,112 $96,600 $58,500 $38,100
2019 $804 $76,000 $43,700 $32,300
2018 $717 $67,800 $41,600 $26,200
2017 $668 $53,000 $32,100 $20,900
2016 $940 $57,800 $33,900 $23,900
2014 $1,002 $70,400 $37,500 $32,900
2013 $1,002 $68,700 $29,700 $39,000
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2013

    Graham Mercado

    PropertiesNW of Gig Harbor Ltd

    (253) 851-2511

    9 Total Sales

    Graham Mercado
    Section Image
  • Patrick Mercado

    Seller Co-Listing Agent in 2013

    Patrick Mercado

    PropertiesNW of Gig Harbor Ltd

    (253) 370-0779

    187 Total Sales

    Patrick Mercado
    Section Image
  • Neil Bender

    Buyer's Agent in 2013

    Neil Bender

    PropertiesNW of Gig Harbor Ltd

    (253) 549-3366

    118 Total Sales

    Neil Bender
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM471047

Northwest Multiple Listing Service (NWMLS)

APN: 445050-0870

Washington Pierce County Lakebay 98349

407 E Madrona Boulevard Kp N, Lakebay, WA

This home is located at 407 E Madrona Boulevard Kp N, Lakebay, WA 98349 since 10 April 2013 and is currently estimated at $249,144, approximately $479 per square foot. This property was built in 1974. 407 E Madrona Boulevard Kp N 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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