Listed by John L. Scott, Inc., Bought with Better Properties Gig Harbor
NOT LISTED FOR SALE

519 E Madrona Blvd Lakebay, WA 98349

Estimated Value: $167,000 - $231,000

1 Bed
1 Bath
560 Sq Ft
$378/Sq Ft Est. Value

Last Sold October 05, 2017

Last sale price $89,000 $159 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $1,272/month

1 Day on Market

Highlights

  • Waterfront Community
  • Community Boat Launch
  • Deck
  • Views of a Sound
  • Clubhouse
  • Secluded Lot

About This Home

As of October 2017

Cute & cozy private Herron Island cottage with beautiful water view & it's only about 1.5 Hrs. from Seattle-Eastside. Sit on the beach & watch the sunrise or sunset over the Olympic Mountains, this island has it all. Many new upgrades: Propane stove, electric range, rustic pine doors, paint, trim & deck cover. Most furnishings can stay. There's a community boat ramp, docks, Picnic areas, private community beaches at North & S. ends of the Island. A perfect weekend get-away.

Last Agent to Sell the Property

Brian Wilson

John L. Scott, Inc. License #83240 Listed on: 05/26/2017

John L. Scott, Inc.

Co-Listed By

Jana Salmans

John L. Scott, Inc. License #8227

Last Buyer's Agent

Karen Dorans

Better Properties Gig Harbor License #18442

Better Properties Gig Harbor

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1132791

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,536

Year Built

  • Built in 1957

Lot Details

  • Brush Vegetation
  • Secluded Lot
  • Level Lot
  • Wooded Lot
  • Garden
  • Property is zoned R10

Parking

  • Off-Street Parking

Property Views

  • Views of a Sound
  • Territorial
  • Limited

Home Design

  • Cabin
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Built-Up Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Oven or Range

Flooring

  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Deck

Utilities

  • Propane
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 4450500820

Community Details

Overview

  • Herron Island Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Community Boat Launch
  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,536

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Cabin
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Skylights, Vaulted Ceilings
  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 1
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Bathrooms Main: Main
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 560
  • Square Footage Finished: 560

Exterior Features

  • Exterior: Wood
  • Foundation: Concrete Block, Post And Pillar
  • Roof: Built-Up
  • View: Partial, Sound, Territorial

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Baseboard, Stove/Free Standing
  • Power Company: Peninsula Light
  • Septic Approved for Number of Bedrooms: 1
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: HMC Water
  • Water Heater: Electric/Closet
  • Water Source: Community, Public

Condo/Co-op/Association

  • HOA Fees: 189
  • Community Name: Herron Island
  • Project: Herron Island Div #5
  • Community Features: Boat Launch, Ccrs, Clubhouse, Community Waterfront/Pvt Beach

Schools

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

Lot Info

  • Lot Number: 10
  • Lot Details: Secluded
  • Lot Dimensions: ~110'x179'x53'x193'
  • Lot Sq Ft: 12602
  • Lot Topography Vegetation: Brush, Garden Space, Level, Sloped, Wooded
  • Parcel Number: 4450500820
  • Zoning Code: R10
  • Zoning Jurisdiction: County
  • Lot Topography: Brush, Garden Space, Level, Sloped, Wooded

Tax Info

  • Tax Amount: 762

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2018
Sold by
Mastrianni Lisa E
Bought by
Medcroft Sean M and Medcroft Jenne K
Current Estimated Value
$211,557

Purchase Details

Listed on
May 26, 2017
Closed on
Sep 27, 2017
Sold by
Whittleton Elissa K and Whittleton Nick A
Bought by
Mastrianni Lisa E
Seller's Agent
Brian Wilson
John L. Scott, Inc.
Buyer's Agent
Karen Dorans
Better Properties Gig Harbor
List Price
$89,000
Sold Price
$89,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.66%
Original Mortgage
$69,118
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2009
Sold by
Whittleton Elissa K
Bought by
Whittleton Elissa K and Whittleton Nick A

Purchase Details

Closed on
Nov 9, 2004
Sold by
Hoke William E and Graf Hoke Patricia H
Bought by
Haynes Janice R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2002
Sold by
Hardman Peter M and Hardman Louanne M
Bought by
Haynes Janice R and Hoke William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
4.5%

Purchase Details

Closed on
Nov 14, 2000
Sold by
Davis Judy A and Hardman Judy
Bought by
Hardman Peter

Purchase Details

Closed on
Oct 27, 2000
Sold by
Weston Jeanette M
Bought by
Hardman Peter

Purchase Details

Closed on
Jan 3, 1983
Sold by
Clark Kathleen E
Bought by
Hardman Peter
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
Medcroft Sean M $120,000 Ticor Title
Mastrianni Lisa E $88,719 Fidelity National Title
Whittleton Elissa K -- None Available
Haynes Janice R $30,705 First American Title Ins Co
Haynes Janice R $70,000 First American Title Ins Co
Hardman Peter -- Chicago Title Insurance Co
Hardman Peter -- --
Hardman Peter $13,654 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mastrianni Lisa E $69,118
Previous Owner Mastrianni Lisa E $69,118
Previous Owner Haynes Janice R $76,000
Previous Owner Haynes Janice R $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2017 10/05/17 Sold $89,000 0.0% $159 / Sq Ft
05/28/2017 05/28/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $89,000 -- $159 / 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 $1,536 $180,400 $86,000 $94,400
2024 $1,536 $178,300 $82,300 $96,000
2023 $1,536 $164,300 $78,600 $85,700
2022 $1,233 $151,100 $72,600 $78,500
2021 $1,211 $106,400 $46,300 $60,100
2019 $910 $90,200 $35,300 $54,900
2018 $762 $78,600 $33,600 $45,000
2017 $762 $62,000 $26,000 $36,000
2016 $1,264 $67,900 $27,400 $40,500
2014 $1,326 $98,000 $59,000 $39,000
2013 $1,326 $92,300 $46,700 $45,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1132791

Northwest Multiple Listing Service (NWMLS)

APN: 445050-0820