NOT LISTED FOR SALE

Estimated Value: $821,000 - $910,000

3 Beds
1.5 Baths
2,119 Sq Ft
$413/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $810,000 $382 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,525/month

6 Days on Market

Highlights

  • 55 Feet of Waterfront
  • Second Kitchen
  • Deck
  • Docks
  • Lake View
  • Wood Flooring

About This Home

As of April 2023

LAKE STEILACOOM cottage. In time for summer is the quintessential waterfront cottage w/ newer dock & 55+/- frontage. Imagine the memories to be made LAKE SIDE w/ fire pit, boat storage & mature land-scaping; all the perfect backdrop for a waterfront lifestyle. Lakeside is a covered porch, perfect for taking in the lake views, dining and the barbecue. Open kitchen to family room area, living room w/ wood burning fireplace. 2 bedrooms on the main floor and 1 up; with a terrific view of the lake. New electric boiler system, electrical panel, newer dock & pilings, shop area, 2nd overflow kitchen area & 1 car + garage. Among multi-dollar estates makes the Lake Steilacoom cottage the ultimate choice. *Note Prop Taxes are Senior Rate.

Last Agent to Sell the Property

Michael Morrison

Morrison House Sotheby's Intl License #50025 Listed on: 03/23/2023

Last Buyer's Agent

Isabel Ciuca

Marketplace Sotheby's Intl Rty License #122236

Marketplace Sotheby's Intl Rty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2047731

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,244

Year Built

  • Built in 1940

Lot Details

  • 8,450 Sq Ft Lot
  • 55 Feet of Waterfront
  • Lake Front
  • Partially Fenced Property
  • Level Lot
  • Garden

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,119 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Lake Views

Kitchen

  • Second Kitchen
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deck
  • Patio

Utilities

  • Radiator
  • Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lakewood Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Senior Tax Exemptions
  • Assessor Parcel Number 4725000300

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,244

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 11 - 1 1/2 Story
  • Year Built: 1940
  • Inclusions: Dishwasher,Dryer,Refrigerator,SeeRemarks,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2119
  • EffectiveYearBuiltSource: See Remarks
  • SeniorExemption: true
  • Special Features: None
  • Cumulative Days on Market: 822

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Dryer, Refrigerator, See Remarks, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet, Second Kitchen, Water Heater
  • Living Area: 2119
  • Main Level Bedrooms: 2
  • Bathrooms: 1.5
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 2119
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Refrigerator,See Remarks,Washer
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • View: Lake
  • Lot Features: Curbs, Paved
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete, See Remarks
  • Structure Type: House
  • WaterfrontFootage: 55 +/-

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Detached Garage, Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Pierce County
  • WaterCompany: Lakewood Water
  • WaterHeaterLocation: Shop Area
  • WaterHeaterType: Elec
  • CableConnected: Comcast/Xfinity
  • InternetConnected: Comcast/Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Lakewood

Lot Info

  • Parcel Number: 4725000300
  • Topography: Level,Terraces
  • Land Lease: No
  • Lot Size Acres: 0.194
  • Lot Size Sq Ft: 8450
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dock,Fenced-Partially,Moorage,Patio
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1244
  • AdditionalTaxIds: 4725000300

Multi Family

  • EnergySource: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
Apr 27, 2023
Sold by
Chita Adrian
Bought by
Chita Cristina
Seller's Agent
Michael Morrison
Morrison House Sotheby's Intl
Buyer's Agent
Isabel Ciuca
Marketplace Sotheby's Intl Rty
List Price
$725,000
Sold Price
$810,000
Premium/Discount to List
$85,000
11.72%
Views
37
Current Estimated Value
$875,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,806
Avg. Annual Appreciation
3.60%
Original Mortgage
$648,000
Outstanding Balance
$631,989
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$243,817

Purchase Details

Listed on
Mar 23, 2023
Closed on
Apr 17, 2023
Sold by
Eleanor Olson Bystrom Living Trust
Bought by
Allen Maria and Chita Cristina
Seller's Agent
Michael Morrison
Morrison House Sotheby's Intl
Buyer's Agent
Isabel Ciuca
Marketplace Sotheby's Intl Rty
List Price
$725,000
Sold Price
$810,000
Premium/Discount to List
$85,000
11.72%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Outstanding Balance
$631,989
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$243,817

Purchase Details

Closed on
Aug 13, 2003
Sold by
Bystrom Eleanor Olson
Bought by
The Eleanor Olson Bystrom Living Trust
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
Chita Cristina -- Equity Title
Allen Maria $810,000 Equity Title
The Eleanor Olson Bystrom Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Maria $648,000
Previous Owner Bystrom Eleanor Olson $70,000
Previous Owner Bystrom Eleanor Olson $45,000
Previous Owner Bystrom Eleanor Olson $40,000
Previous Owner Bystrom Eleanor Olson $110,000
Previous Owner Bystrom Eleanor $200,000
Previous Owner Bystrom Eleanor $24,706
Previous Owner Bystrom Eleanor O $24,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $810,000 +11.7% $382 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $725,000 -- $342 / 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 $8,090 $851,800 $608,100 $243,700
2024 $8,090 $801,600 $578,300 $223,300
2023 $8,090 $700,400 $479,700 $220,700
2022 $1,244 $701,800 $479,700 $222,100
2021 $1,304 $533,400 $351,800 $181,600
2019 $1,314 $472,400 $301,200 $171,200
2018 $1,359 $459,200 $305,100 $154,100
2017 $1,408 $427,700 $278,900 $148,800
2016 $1,172 $350,300 $212,700 $137,600
2014 $1,080 $334,800 $200,500 $134,300
2013 $1,080 $280,200 $156,900 $123,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2047731

Northwest Multiple Listing Service (NWMLS)

APN: 472500-0300