Listed by eXp Realty, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

4090 142nd Ave SW Lakebay, WA 98349

Estimated Value: $557,000 - $631,000

2.5 Acres
$236,301 Price per Acre
108,900 Sq Ft Lot

Last Sold December 29, 2022

Last sale price $75,000

Est. 688% increase in value since last sale

Current estimated payment $3,244/month

3 Days on Market

Highlights

  • 2.5 Acre Lot
  • Territorial View
  • No HOA
  • Secluded Lot

About This Lot

As of December 2022

Come on down to see this private and pristine 2-1/2 acre parcel on Key Peninsula. This property is level, fairly open and easy to walk. Property is very private with no adjacent homes and it's just minutes away from Joemma Beach and Penrose Point State Parks. Septic test pits were dug on the 2 adjacent parcels, both had fantastic soils, with over 5' of loamy sand is a gravity septic system. It also is one of the few lots that has a Peninsula Light water hookup paid for, this property can qualify for a land loan. The north property line was flagged 3 years ago.

Last Agent to Sell the Property

Art Conrad

eXp Realty License #6033 Listed on: 11/29/2022

eXp Realty

Last Buyer's Agent

Vitaliy Mikshanskiy

John L. Scott, Inc. License #18887

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2020130

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $467

Lot Details

  • 2.5 Acre Lot
  • Secluded Lot
  • Level Lot
  • Zoning described as R10

Schools

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

Additional Features

  • Territorial Views
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Longbranch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 012018-3-012

Property Details

Property Type

Land

Est. Annual Taxes

$467

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Brush,Evergreens,Lightly Treed
  • Special Features: None
  • Cumulative Days on Market: 1,153

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Territorial
  • Lot Features: Secluded
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Access Easement,Dirt
  • WaterJurisdiction: Peninsula Light

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Not Available
  • Water Source: In Street, On Property
  • Electricity On Property: Yes
  • Utilities: Electricity Connected
  • ElectricityStatus: In Street
  • GasStatus: Not Available

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: 012018-3-012
  • Topography: Level
  • Lot Size Acres: 2.5
  • Lot Size Sq Ft: 108900
  • Zoning Description: R10
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County
  • ZoningJurisdiction: County
  • ZoningClass: Residential

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 467

MLS Schools

  • Elementary School: Evergreen Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2025
Sold by
Royal Construction Group Llc
Bought by
Young Calvin Lemuel and Young Joshua David
Current Estimated Value
$590,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,950
Outstanding Balance
$422,749
Interest Rate
6.81%
Mortgage Type
VA
Estimated Equity
$168,663

Purchase Details

Listed on
Nov 29, 2022
Closed on
Dec 27, 2022
Sold by
Westar Holdings Llc
Bought by
Royal Construction Group Llc
Seller's Agent
Art Conrad
eXp Realty
Buyer's Agent
Vitaliy Mikshanskiy
John L. Scott, Inc.
List Price
$75,000
Sold Price
$75,000
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
114.86%
Original Mortgage
$125,000
Interest Rate
6.61%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 6, 2009
Sold by
Chaffeur Michael P and Chaffeur Darci
Bought by
Westar Holdings Llc

Purchase Details

Closed on
Dec 12, 2006
Sold by
Tacoma Narrows Investment Llc
Bought by
Chaffeur Michael P and Chaffeur Darci

Purchase Details

Closed on
Oct 28, 2005
Sold by
Clawson Megan M
Bought by
Tacoma Narrows Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2002
Sold by
Clawson Robert Calvin
Bought by
Clawson Megan Marie
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
Young Calvin Lemuel $574,950 Equity Title Of Washington
Young Calvin Lemuel $574,950 Equity Title Of Washington
Royal Construction Group Llc -- Land Title
Westar Holdings Llc -- Chicago Title Insurance Comp
Chaffeur Michael P $110,000 Chicago Title Insurance Co
Tacoma Narrows Investments Llc $52,400 Ticor Title Of Wa Inc
Clawson Megan Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Calvin Lemuel $424,950
Closed Young Calvin Lemuel $424,950
Previous Owner Royal Construction Group Llc $335,174
Previous Owner Royal Construction Group Llc $125,000
Previous Owner Chaffeur Michael P $29,340
Previous Owner Tacoma Narrows Investments Llc $137,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2022 12/29/22 Sold $75,000 0.0% --
11/29/2022 11/29/22 For Sale $75,000 -- --
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 $598 $539,700 $177,400 $362,300
2024 $598 $70,700 $70,700 --
2023 $598 $63,900 $63,900 $0
2022 $467 $56,500 $56,500 $0
2021 $404 $35,100 $35,100 $0
2019 $341 $30,700 $30,700 $0
2018 $292 $29,800 $29,800 $0
2017 $292 $25,200 $25,200 $0
2016 $326 $21,400 $21,400 $0
2014 $370 $24,600 $24,600 $0
2013 $370 $26,800 $26,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2020130

Northwest Multiple Listing Service (NWMLS)

APN: 012018-3012