Listed by Better Properties Gig Harbor, Bought with UpperLeft Real Estate, LLC
NOT LISTED FOR SALE

820 E Madrona Blvd NW Lakebay, WA 98349

Estimated Value: $258,000 - $348,000

0.37 Acre
$849,799 Price per Acre
16,000 Sq Ft Lot

Last Sold July 14, 2023

Last sale price $80,000

Est. 290% increase in value since last sale

Current estimated payment $2,124/month

35 Days on Market

Highlights

  • Community Boat Launch
  • Sport Court
  • Trails
  • Territorial View
  • Park
  • Level Lot

About This Lot

As of July 2023

You're on island time! Welcome to Herron Island, a private island with its own community ferry the Charlie Wells. This property is 16,000 sq. ft. (0.37 of an acre) with 80' of road frontage, 200' on each side which slopes down, & backs up, to community owned land - nothing but trees, brush & seasonal wetlands! The property has been surveyed, has recent Geotechnical report (February 2023), power, water (from community well), propane (tank leased) and a 3 bedroom septic system (pumped/inspected/RSS Issued)! Current structure does not have a permit; demolish or take apart & reconstitute! Enjoy community beaches, parks, boat launch, & seasonal boat docks! Only 1.5 hours away from Seattle, 45 minutes from Tacoma! Come discover Herron Island!

Last Agent to Sell the Property

Karen Dorans

Better Properties Gig Harbor License #18442 Listed on: 05/27/2023

Better Properties Gig Harbor

Co-Listed By

Paige DeClue

Better Properties Gig Harbor License #22013575

Last Buyer's Agent

Michael Echternkamp

UpperLeft Real Estate, LLC License #21011406

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2072599

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,469

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 80 x 200 x 80 x 200
  • Street terminates at a dead end
  • Level Lot
  • Zoning described as Rural 10

HOA Fees

  • $300 Monthly HOA Fees

Property Views

  • Territorial Views

Schools

  • Evergreen Elementary School
  • Key Peninsula Mid Middle School
  • Peninsula High School

Utilities

  • Community Well
  • Septic Design Installed
  • Sewer Not Available

Listing and Financial Details

  • Legal Lot and Block 5 / 2
  • Assessor Parcel Number 4450400220

Community Details

Overview

  • Association fees include common area maintenance, road maintenance
  • Division # 4 Condos
  • Herron Island Subdivision

Recreation

  • Community Boat Launch
  • Sport Court
  • Community Playground
  • Park
  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$1,469

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Division # 4
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Partially Cleared
  • Restrictions: Manufactured Homes OK
  • Improvements: Cabin,Outbuilding(s)
  • Survey: Aspen Land Surveying - February 1999
  • AssessmentFees: Parks,Road
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Territorial
  • Lot Features: Dead End Street
  • Road Surface Type: Gravel
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Gravel
  • RoadOnWhichSide: East
  • WaterJurisdiction: Herron Island Water
  • WaterAccess: Community Waterfront/Pvt Beach

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Not Available
  • Water Source: Community Well, On Property
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Utilities: Common Area Maintenance, Road Maintenance, See Remarks, Electricity Connected, Septic Design Installed
  • ElectricityStatus: On Property
  • GasStatus: Not Available
  • SepticDesignInstalled: true
  • SepticSystemType: Pump to gravity

Condo/Co-op/Association

  • Community Features: Athletic Court, Boat Launch, Park, Playground, Trail(s), Community Well
  • Senior Community: No
  • Association Fee: 300
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Road Maintenance, See Remarks
  • NWM_OtherDuesOrFeesYN: true

Schools

  • Junior High Dist: Peninsula
  • High School: Peninsula High
  • Middle Or Junior School: Key Peninsula Mid

Lot Info

  • Parcel Number: 4450400220
  • Topography: Level,Sloped
  • Lot Size Acres: 0.3673
  • Lot Size: 80 x 200 x 80 x 200
  • Lot Size Sq Ft: 16000
  • Zoning Description: Rural 10
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • LotNumber: 5
  • PublicLandSurvey: 21N / 01W / 32 / NE
  • SlopeComment: East & West

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: true

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1469.44

MLS Schools

  • Elementary School: Evergreen Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2023
Closed on
Jul 10, 2023
Sold by
James Sandra L
Bought by
Fritz Kyle and Fritz Michelle
Seller's Agent
Karen Dorans
Better Properties Gig Harbor
Buyer's Agent
Michael Echternkamp
UpperLeft Real Estate, LLC
List Price
$89,900
Sold Price
$80,000
Premium/Discount to List
-$9,900
-11.01%
Views
109
Current Estimated Value
$312,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,131
Avg. Annual Appreciation
89.44%

Purchase Details

Closed on
Mar 3, 1999
Sold by
Easterwood Carlene
Bought by
James Sandra L
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
Fritz Kyle -- Ticor Title
James Sandra L $17,800 Transnation Title Insurance
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $80,000 -11.0% --
07/01/2023 07/01/23 Pending -- -- --
05/27/2023 05/27/23 For Sale $89,900 -- --
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 $1,646 $181,100 $109,600 $71,500
2024 $1,646 $109,900 $104,900 $5,000
2023 $1,646 $177,300 $100,200 $77,100
2022 $1,314 $163,200 $92,500 $70,700
2021 $1,260 $111,300 $58,900 $52,400
2019 $955 $94,800 $45,400 $49,400
2018 $802 $83,200 $43,300 $39,900
2017 $802 $66,100 $33,400 $32,700
2016 $204 $72,400 $35,300 $37,100
2014 $98 $15,200 $15,200 $0
2013 $98 $12,000 $12,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Dorans

    Seller's Agent in 2023

    Karen Dorans

    Better Properties Gig Harbor

    (253) 219-4076

    89 Total Sales

    Karen Dorans
    Section Image

  • P

    Seller Co-Listing Agent in 2023

    Paige DeClue

    Better Properties Gig Harbor

    (253) 514-8492

    35 Total Sales

    Paige DeClue
    Section Image
  • Michael Echternkamp

    Buyer's Agent in 2023

    Michael Echternkamp

    UpperLeft Real Estate, LLC

    (206) 550-4660

    58 Total Sales

    Michael Echternkamp
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2072599

Northwest Multiple Listing Service (NWMLS)

APN: 445040-0220

Washington Pierce County Lakebay 98349

820 E Madrona Blvd NW, Lakebay, WA

This home is located at 820 E Madrona Blvd NW, Lakebay, WA 98349 since 27 May 2023 and is currently estimated at $312,131. 820 E Madrona Blvd NW is a home located in Pierce County with nearby schools including Evergreen Elementary School, Key Peninsula Middle School, and Peninsula High School.

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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