NOT LISTED FOR SALE

7201 Holly Hedge Ln SW Unit 11 Lakewood, WA 98499

Central Lakes Neighborhood

Estimated Value: $1,087,838 - $1,272,000

3 Beds
3 Baths
2,645 Sq Ft
0.3 Acres

Last Sold November 30, 2018

Last sale price $795,000 $301 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,928/month

3 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Contemporary Architecture
  • Wood Flooring
  • Lake View
  • Secluded Lot
  • 2 Fireplaces

About This Home

As of November 2018

Luxurious stunning one of a kind Condominium development, a Gated Community on Steilacoom Lake. Spectacular Westerly views across Steilacoom Lake. Private community dock boat house and boat house with storage. Custom Cabana with 240 feet of pristine waterfront makes this property very rare and it is an excellent location to relax or have a party.

Last Agent to Sell the Property

Dave Reames

Reames Realty & Prop Mgmt, Inc License #9156 Listed on: 10/14/2018

Last Buyer's Agent

Dave Reames

Reames Realty & Prop Mgmt, Inc License #9156 Listed on: 10/14/2018

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1375187

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,081

Year Built

  • Built in 1999

Lot Details

  • Low Bank Waterfront Property

Home Design

  • Contemporary Architecture
  • Tile Roof
  • Cement Board or Planked

Interior Spaces

  • 2 Fireplaces
  • Lake Views
  • Washer

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Parking

  • Garage
  • Off-Street Parking

Community Details

  • Lake Steilacoom Community

Listing and Financial Details

  • Assessor Parcel Number 9000830110

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,081

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Contemporary
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Hardwood
  • Appliance Hookups: Cooking-Gas, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Double Oven, Garbage Disposal, Microwave, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplace Type: Gas
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2645

Exterior Features

  • Exterior: Cement Planked
  • Roof: Tile
  • View: Lake
  • Waterfront: Bank-Low, Lake

Garage/Parking

  • Parking Type: Individual Garage, Off Street
  • Parking Space Number: 8

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Heat Pump
  • Water Heater: Garage-Gas

Condo/Co-op/Association

  • HOA Fees: 167
  • Community Name: Lake Steilacoom
  • Common Property Features: Athletic Court, Boat House, Security Gate
  • Home Owner Dues Included: Road Maintenance, Lawn Service
  • Unit Features: Alarm System, Central Vacuum, Insulated Windows, Master Bath

Schools

  • School District: CLP

Lot Info

  • Lot Details: Paved Street, Secluded
  • Lot Sq Ft: 12969
  • Parcel Number: 9000830110

Tax Info

  • Tax Amount: 9056

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2018
Closed on
Nov 21, 2018
Sold by
Jin Jonathan and Jin Esther
Bought by
Lee Kyung and Lee Yeonjin
Seller's Agent
Dave Reames
Reames Realty & Prop Mgmt, Inc
Buyer's Agent
Dave Reames
Reames Realty & Prop Mgmt, Inc
List Price
$795,000
Sold Price
$795,000
Current Estimated Value
$1,141,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,460
Avg. Annual Appreciation
5.37%
Original Mortgage
$556,500
Outstanding Balance
$489,330
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$652,130

Purchase Details

Closed on
Jul 28, 2000
Sold by
Johnson Barbara Ann and Russell Ellen Jane
Bought by
Jin Jonathan Y and Jin Esther J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,600
Interest Rate
8.12%

Purchase Details

Closed on
Aug 27, 1999
Sold by
Emp Llc
Bought by
Russell Ellen Jane and Johnson Barbara Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.25%

Purchase Details

Closed on
Aug 4, 1999
Sold by
Westerdahl Edward G and Westerdahl Lynda M
Bought by
Emp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.25%

Purchase Details

Closed on
Aug 18, 1998
Sold by
Holly Hedge Associates
Bought by
Westerdahl Edward G and Westerdahl Lynda M
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
Lee Kyung $794,719 Cw Title
Jin Jonathan Y $452,000 --
Russell Ellen Jane $494,444 --
Emp Llc -- --
Westerdahl Edward G $95,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Kyung $556,500
Previous Owner Jin Jonathan Y $361,600
Previous Owner Russell Ellen Jane $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2018 11/30/18 Sold $795,000 0.0% $301 / Sq Ft
10/17/2018 10/17/18 Pending -- -- --
10/14/2018 10/14/18 For Sale $795,000 -- $301 / 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 $11,081 $1,128,900 $479,300 $649,600
2024 $11,081 $1,112,800 $469,900 $642,900
2023 $11,081 $1,014,100 $415,700 $598,400
2022 $10,484 $1,062,100 $446,400 $615,700
2021 $10,167 $770,300 $279,000 $491,300
2019 $8,181 $702,300 $239,900 $462,400
2018 $9,056 $671,500 $233,200 $438,300
2017 $8,848 $599,600 $181,200 $418,400
2016 $7,327 $497,000 $130,900 $366,100
2014 $6,217 $456,700 $114,100 $342,600
2013 $6,217 $410,100 $92,300 $317,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1375187

Northwest Multiple Listing Service (NWMLS)

APN: 900083-0110