NOT LISTED FOR SALE

5720 E State Route 302 Belfair, WA 98528

Key Center Neighborhood

Estimated Value: $487,000 - $611,000

3 Beds
1.5 Baths
1,920 Sq Ft
$281/Sq Ft Est. Value

Last Sold March 06, 2023

Last sale price $490,000 $255 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,264/month

170 Days on Market

Highlights

  • Views of a Sound
  • RV Access or Parking
  • Vaulted Ceiling
  • Wine Cellar
  • Deck
  • No HOA

About This Home

As of March 2023

This is a Turn Key Home that sits on a Large Lot with Investor Potential for Water Views without the waterfront taxes!! Plenty of room for parking off street, easy pull through driveway and parking along each side of the home, Large Detached Garage that has plenty of room to build up and have breathtaking panoramic views! The home has a delightful 1 bed/1 bath laundry all on one easy level and the downstairs has 2 bed/ 1/2 bath and large walk thru pantry and storage room along with Oversized living/family room waiting for your creativity! The views from the small bedroom windows show how much potential for water views are on the ground basement level! This home needs a visionary and some sweat equity to make this a million dollar view home!

Last Listed By

Emily Niles

PropertiesNW of Gig Harbor Ltd License #120756 Listed on: 08/19/2022

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1985943

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,355

Year Built

  • Built in 1920

Lot Details

  • 0.25 Acre Lot
  • Dog Run
  • Partially Fenced Property
  • Level Lot
  • Garden
  • Zoning described as RR5

Parking

  • 2 Car Detached Garage
  • Driveway
  • RV Access or Parking

Property Views

  • Views of a Sound
  • Bay
  • Strait Views
  • Limited

Home Design

  • Poured Concrete
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,920 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wine Cellar
  • Dining Room

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Belfair Elementary School

Utilities

  • Shared Well
  • Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Case Inlet Subdivision

Listing and Financial Details

  • Assessor Parcel Number 122335090011

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,355

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 11 - 1 1/2 Story
  • Year Built: 1920
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1920
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 954

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Laminate Hardwood, Wall to Wall Carpet, Ceiling Fan(s), Dining Room, Vaulted Ceiling(s), Walk-In Closet(s), Wine Cellar, Water Heater
  • Living Area: 1920
  • Main Level Bedrooms: 1
  • Bathrooms: 1.5
  • BathsFullMain: 1
  • SquareFootageFinished: 1920
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 1
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Metal
  • View: Bay, Partial, Sound, Strait
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Driveway, Detached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Shared Well
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: Mason PUD 3
  • SewerCompany: Septic System
  • WaterCompany: Private Shared Well
  • WaterHeaterLocation: Walk in Pantry
  • WaterHeaterType: Electric
  • InternetConnected: Fiber

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: North Mason #403
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 122335090011
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.25
  • Lot Size: 10890
  • Lot Size Sq Ft: 10890
  • Zoning Description: RR5
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Dog Run,Fenced-Partially,High Speed Internet,Outbuildings,RV Parking,Shop
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2355

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Belfair Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Mar 3, 2023
Sold by
Krause Kevin C and Krause Nicole R
Bought by
Bryan William Louis and Bryan Stephanie J
Seller's Agent
Emily Niles
PropertiesNW of Gig Harbor Ltd
Buyer's Agent
Kristin Seibert
Paramount Real Estate Group
List Price
$546,000
Sold Price
$490,000
Premium/Discount to List
-$56,000
-10.26%
Total Days on Market
170
Views
75
Current Estimated Value
$538,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,562
Avg. Annual Appreciation
4.49%
Original Mortgage
$465,500
Outstanding Balance
$453,523
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$85,039

Purchase Details

Listed on
Jun 27, 2019
Closed on
Aug 15, 2019
Sold by
Medlock Taylor and Medlock Bailey
Bought by
Krause Kevin C
Seller's Agent
Blake Williams
Infinity Real Estate, LLC
Buyer's Agent
Emily Niles
PropertiesNW of Gig Harbor Ltd
List Price
$310,000
Sold Price
$266,000
Premium/Discount to List
-$44,000
-14.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.95%
Original Mortgage
$266,000
Interest Rate
3.8%
Mortgage Type
VA

Purchase Details

Closed on
Jan 21, 2013
Sold by
Ancich Smith Cheryl and Wilson Chalene V
Bought by
Ancich Smith Cheryl

Range of Values:

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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
Bryan William Louis -- --
Krause Kevin C $265,719 Land Title Co
Ancich Smith Cheryl -- Mason County Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bryan William Louis $465,500
Previous Owner Krause Kevin C $0
Previous Owner Krause Kevin C $262,700
Previous Owner Krause Kevin C $266,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2023 03/06/23 Sold $490,000 0.0% $255 / Sq Ft
02/05/2023 02/05/23 Pending -- -- --
01/25/2023 01/25/23 Price Changed $490,000 -2.0% $255 / Sq Ft
10/07/2022 10/07/22 Price Changed $499,999 -4.8% $260 / Sq Ft
09/25/2022 09/25/22 Price Changed $525,000 -2.8% $273 / Sq Ft
08/31/2022 08/31/22 Price Changed $539,900 -1.1% $281 / Sq Ft
08/19/2022 08/19/22 For Sale $546,000 +105.3% $284 / Sq Ft
08/30/2019 08/30/19 Sold $266,000 -14.2% $139 / Sq Ft
07/21/2019 07/21/19 Pending -- -- --
06/27/2019 06/27/19 For Sale $310,000 +47.6% $161 / Sq Ft
10/01/2014 10/01/14 Sold $210,000 0.0% $109 / Sq Ft
08/27/2014 08/27/14 Pending -- -- --
06/24/2014 06/24/14 Price Changed $210,000 -4.5% $109 / Sq Ft
05/05/2014 05/05/14 For Sale $220,000 -- $115 / 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 $3,166 $466,125 $39,480 $426,645
2023 $3,166 $249,370 $35,890 $213,480
2022 $3,015 $336,265 $45,500 $290,765
2021 $2,355 $336,265 $45,500 $290,765
2020 $2,296 $273,560 $37,915 $235,645
2018 $2,342 $199,890 $36,110 $163,780
2017 $2,130 $199,980 $36,200 $163,780
2016 $1,311 $187,850 $36,200 $151,650
2015 $1,382 $115,405 $24,500 $90,905
2014 -- $123,340 $31,500 $91,840
2013 -- $115,845 $31,500 $84,345
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1985943

Northwest Multiple Listing Service (NWMLS)

APN: 12233-50-90011