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

7 Webb Rd Kps Lakebay, WA 98349

Estimated Value: $544,000 - $596,000

3 Beds
2 Baths
1,648 Sq Ft
$339/Sq Ft Est. Value

Last Sold July 12, 2016

Last sale price $110,250 $67 Per Sq Ft

Est. 406% increase in value since last sale

Current estimated payment $3,261/month

52 Days on Market

Highlights

  • 1 Fireplace
  • Attached Garage
  • Wall to Wall Carpet

About This Home

As of July 2016

This property is now under auction terms. Auction dates are April 4 – April 8

Last Agent to Sell the Property

Joseph Mercado

Properties NW of Gig Harbor Listed on: 02/17/2016

Co-Listed By

Jake Mercado

Properties NW of Gig Harbor

Last Buyer's Agent

Patrick Mercado

PropertiesNW of Gig Harbor Ltd License #24129

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM897725

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,992

Year Built

  • Built in 1997

Lot Details

  • 1

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Stucco

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Additional Features

  • 1 Fireplace
  • Septic System

Community Details

  • Key Peninsula South Community

Listing and Financial Details

  • Assessor Parcel Number 0021347035

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,992

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Year Built: 1997
  • Special Features: 84
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Estimated Sq Ft: 1648
  • Square Footage Finished: 1648

Exterior Features

  • Exterior: Brick, Stucco
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Sewer: Septic
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Key Peninsula South

Schools

  • School District: PEN

Lot Info

  • Lot Sq Ft: 43560
  • Parcel Number: 0021347035

Tax Info

  • Tax Amount: 2098

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2021
Sold by
Rainstate Investments Llc
Bought by
Groves Madeline Christine and Groves Austin Blake
Current Estimated Value
$558,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,450
Outstanding Balance
$445,704
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$112,704

Purchase Details

Closed on
Jul 27, 2018
Sold by
Aa333 Inc
Bought by
Rainstate 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
$228,139
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 17, 2016
Closed on
Jun 20, 2016
Sold by
Wells Fargo Financial Washington I Inc
Bought by
Aa333 Inc
Seller's Agent
Joseph Mercado
Properties NW of Gig Harbor
Buyer's Agent
Patrick Mercado
PropertiesNW of Gig Harbor Ltd
List Price
$69,000
Sold Price
$110,250
Premium/Discount to List
$41,250
59.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.06%
Original Mortgage
$88,200
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 2016
Sold by
Vonruden Melissa A and Vonruden Ricky L
Bought by
Wells Fargo Financial Washington 1 Inc

Purchase Details

Closed on
Feb 11, 2000
Sold by
Ashley Brian D and Mosisch Ashley Claudia
Bought by
Goodrich Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
8.14%
Mortgage Type
VA

Purchase Details

Closed on
Jul 13, 1998
Sold by
Buchanan Karin
Bought by
Ashley Brian D and Mosisch Ashley Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,050
Interest Rate
7%

Purchase Details

Closed on
Jul 8, 1998
Sold by
Clarke Viola C and Clarke Revocable Trust
Bought by
Buchanan Karin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,050
Interest Rate
7%

Purchase Details

Closed on
Sep 27, 1995
Sold by
Roblee Robert
Bought by
Clarke Viola C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
9%
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
Groves Madeline Christine $511,000 Wfg Natl Ttl Co Of Wa Llc
Rainstate Investments Llc $299,719 Ticor Title
Aa333 Inc $109,969 Wfg Natl Title
Wells Fargo Financial Washington 1 Inc $117,100 None Available
Goodrich Melissa $135,000 First American Title Ins Co
Ashley Brian D $119,000 Chicago Title Insurance Co
Buchanan Karin -- Chicago Title Insurance Co
Clarke Viola C $19,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Groves Madeline Christine $485,450
Previous Owner Rainstate Investments Llc $228,139
Previous Owner Aa333 Inc $88,200
Previous Owner Goodrich Melissa $135,000
Previous Owner Ashley Brian D $113,050
Previous Owner Clarke Viola C $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2016 07/12/16 Sold $110,250 +59.8% $67 / Sq Ft
04/11/2016 04/11/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $69,000 -- $42 / 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 $3,992 $469,000 $145,500 $323,500
2024 $3,992 $478,400 $150,200 $328,200
2023 $3,992 $436,700 $136,100 $300,600
2022 $3,545 $437,600 $136,100 $301,500
2021 $3,396 $309,500 $75,100 $234,400
2019 $2,662 $264,900 $58,400 $206,500
2018 $2,325 $244,200 $51,000 $193,200
2017 $2,325 $225,100 $42,500 $182,600
2016 $2,098 $173,300 $33,300 $140,000
2014 $1,862 $162,500 $34,600 $127,900
2013 $1,862 $149,000 $32,100 $116,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Joseph Mercado

    Properties NW of Gig Harbor

  • J

    Seller Co-Listing Agent in 2016

    Jake Mercado

    Properties NW of Gig Harbor

  • Patrick Mercado

    Buyer's Agent in 2016

    Patrick Mercado

    PropertiesNW of Gig Harbor Ltd

    (253) 370-0779

    2 in this area

    185 Total Sales

    Patrick Mercado
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM897725

Northwest Multiple Listing Service (NWMLS)

APN: 002134-7035

Washington Pierce County Lakebay 98349

7 Webb Rd Kps, Lakebay, WA

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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