Listed by Windermere Prof Partners, Bought with RE/MAX Top Executives
NOT LISTED FOR SALE

7131 Timberlake Dr SE Lacey, WA 98503

The Lakes Neighborhood

Estimated Value: $525,000 - $565,000

3 Beds
2 Baths
1,880 Sq Ft
$286/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $452,000 $240 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,320/month

3 Days on Market

Highlights

  • Waterfront Community
  • RV Access or Parking
  • 2 Fireplaces
  • Community Boat Launch
  • Territorial View
  • Double Oven

About This Home

As of December 2021

Enjoy one level living in the highly sought after Timberlake neighborhood, just minutes from Long Lake! This 3 bedroom rambler has been meticulously cared for with a brand new roof in 2021, newer gas water heater, high efficiency furnace, gutters, electrical panel, and insulated garage door! Plenty of parking space with a spacious driveway, garage, carport, and RV parking w/ 30-amp power hookup. Large lot boasts gorgeous landscaping and a terraced backyard for a gardener's paradise. Low HOA fee provides access to a private Long Lake community park for fishing, swimming, dock, boat launch, playground, sports court, and covered picnic areas. Conveniently located close to schools, shopping, and I-5. A must see!

Last Agent to Sell the Property

Hyemi Kim

Windermere Prof Partners License #138197 Listed on: 11/18/2021

Windermere Prof Partners

Last Buyer's Agent

Kamie Sawtell

RE/MAX Top Executives License #126965

RE/MAX Top Executives

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1865637

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,898

Year Built

  • Built in 1967

Lot Details

  • 0.28 Acre Lot
  • Property is Fully Fenced
  • Level Lot
  • Property is in good condition

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,880 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Territorial Views
  • Storm Windows

Kitchen

  • Double Oven
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Driveway
  • RV Access or Parking

Outdoor Features

  • Outbuilding

Schools

  • Lacey Elementary School
  • Salish Middle School
  • North Thurston High School

Utilities

  • Heat Pump System
  • Generator Hookup
  • Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 80050001500

Community Details

Overview

  • Timberlake Community Association
  • Secondary HOA Phone (702) 461-1151
  • Long Lake West Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Boat Launch
  • Waterfront Community
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,898

Year Built

Built in 1967

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1967
  • Inclusions: Dishwasher,DoubleOven,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Timberlake
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1880
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 1,337

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Appliances: Dishwasher, Double Oven, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: High Efficiency - 90%+, Heat Pump, Ceramic Tile, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Walk-In Closet(s), Wired for Generator, Water Heater
  • Living Area: 1880
  • Main Level Bedrooms: 3
  • Bathrooms: 2
  • BathsFullMain: 2
  • FireplacesMain: 2
  • SquareFootageFinished: 1880
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Septic System, Electricity Available, Natural Gas Connected
  • HeatingCoolingType: 90%+ High Efficiency,Heat Pump
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: City of Lacey
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: Boat Launch, CCRs, Community Waterfront/Pvt Beach, Park, Playground
  • Senior Community: No
  • Association Fee: 17
  • Association Fee Frequency: Monthly
  • Phone: 702-461-1151
  • Association: Yes
  • AssociationContactName: Timberlake Community Association

Schools

  • Junior High Dist: North Thurston
  • High School: North Thurston High
  • Middle Or Junior School: Salish Middle

Lot Info

  • Parcel Number: 80050001500
  • Topography: Level,Terraces
  • Lot Size Acres: 0.2755
  • Lot Size Sq Ft: 12000
  • Zoning Description: SFR
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gas Available,High Speed Internet,Outbuildings,RV Parking,Shop
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City
  • LotNumber: 15

Green Features

  • Efficiency: High Efficiency - 90%+
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3898

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Lacey Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Dec 27, 2021
Sold by
Horton Dennis and Horton Ruth L
Bought by
Lynam Jennifer L
Seller's Agent
Hyemi Kim
Windermere Prof Partners
Buyer's Agent
Kamie Sawtell
RE/MAX Top Executives
List Price
$410,000
Sold Price
$452,000
Premium/Discount to List
$42,000
10.24%
Current Estimated Value
$538,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,215
Avg. Annual Appreciation
4.99%
Original Mortgage
$361,600
Outstanding Balance
$336,645
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$203,487

Purchase Details

Closed on
Jan 8, 2013
Sold by
Hoffman Wallace R and Hoffman Alma
Bought by
Horton Dennis and Horton Ruth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,750
Interest Rate
3.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lynam Jennifer L $452,000 Cw Title
Horton Dennis $175,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynam Jennifer L $361,600
Previous Owner Horton Dennis $148,750
Previous Owner Hoffman Wallace R $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2021 12/28/21 Sold $452,000 +10.2% $240 / Sq Ft
11/21/2021 11/21/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $410,000 -- $218 / 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
2024 $4,448 $474,800 $149,200 $325,600
2023 $4,448 $449,100 $139,800 $309,300
2022 $4,348 $433,600 $87,800 $345,800
2021 $3,898 $360,100 $98,600 $261,500
2020 $3,526 $300,000 $96,000 $204,000
2019 $2,943 $281,300 $82,100 $199,200
2018 $3,233 $230,200 $55,900 $174,300
2017 $2,852 $210,900 $53,400 $157,500
2016 $2,645 $200,050 $53,850 $146,200
2014 -- $194,850 $53,850 $141,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1865637

Northwest Multiple Listing Service (NWMLS)

APN: 80050001500