Listed by Fathom Realty WA LLC, Bought with Better Properties Gig Harbor
NOT LISTED FOR SALE

Estimated Value: $484,000 - $617,000

2 Beds
1 Bath
882 Sq Ft
$612/Sq Ft Est. Value

Last Sold January 02, 2018

Last sale price $259,000 $294 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,219/month

4 Days on Market

Highlights

  • 230 Feet of Waterfront
  • RV Access or Parking
  • Deck
  • Views of a Sound
  • Fruit Trees
  • Secluded Lot

About This Home

As of January 2018

Charming cozy cabin over the waters edge on 220 waterfront on Mayo Cove. The 1.36 acres allows room for many different expansion plans.Take advantage of the nearby state parks and The Lakebay Marina 1 block away. 3 bedroom septic and well for service. Swim, kayak, fish off your very private dock. Moor your boat on buoy or on the the lawn.Property is planted with many different species of trees, has plenty of garden space and flat .

Last Agent to Sell the Property

Neil Swanson

Fathom Realty WA LLC License #13248 Listed on: 11/12/2017

Fathom Realty WA LLC

Last Buyer's Agent

James Smith

Better Properties Gig Harbor License #3143

Better Properties Gig Harbor

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1217821

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,474

Year Built

  • Built in 1920

Lot Details

  • 1.36 Acre Lot
  • 230 Feet of Waterfront
  • Home fronts a sound
  • Brush Vegetation
  • Secluded Lot
  • Level Lot
  • Fruit Trees
  • Garden
  • Value in Land
  • Property is in average condition

Property Views

  • Views of a Sound
  • Canal
  • Territorial
  • Limited

Home Design

  • Cabin
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2 Main Level Bedrooms
  • 882 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Flooring

  • Wood
  • Wall to Wall Carpet

Parking

  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Tideland Water Rights
  • Deck
  • Patio

Schools

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

Utilities

  • Well
  • Water Heater
  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Lakebay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0020012064

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,474

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1920
  • Inclusions: RangeOven,Refrigerator
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Cabin
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 882
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 1,222

Interior Features

  • Basement: None
  • Appliances: Range/Oven, Refrigerator
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet, Water Heater
  • Living Area: 882
  • Main Level Bedrooms: 2
  • Bathrooms: 0
  • BathsFullMain: 0
  • SquareFootageFinished: 882
  • 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: Range/Oven,Refrigerator

Exterior Features

  • Roof: Composition
  • View: Canal, Partial, Sound, Territorial
  • Lot Features: Paved, Secluded, Value In Land
  • View: Yes
  • Waterfront Features: No Bank, Saltwater, Sound, Tideland Rights
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Post & Pillar
  • Property Condition: Average
  • Structure Type: House
  • WaterfrontFootage: 230

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: RV Parking, Off Street

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electricity Available, Wood, Individual Well
  • HeatingCoolingType: Baseboard
  • PowerCompany: Pen Light
  • WaterHeaterLocation: bath
  • WaterHeaterType: electric

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 0020012064
  • Topography: Level
  • Lot Size Acres: 1.3569
  • Lot Size Sq Ft: 59106
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Patio,RV Parking,Shop
  • MLSLotSizeSource: County
  • MLSSquareFootageSource: county
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2017
  • Tax Annual Amount: 2474

Multi Family

  • EnergySource: Electric,Wood

MLS Schools

  • Elementary School: Evergreen Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2017
Closed on
Dec 15, 2017
Sold by
Scott Roger Markham and Scott Roger M
Bought by
Placentia Teresa Lynn and Folsom Hill Alexa Diane
Seller's Agent
Neil Swanson
Fathom Realty WA LLC
Buyer's Agent
James Smith
Better Properties Gig Harbor
List Price
$259,000
Sold Price
$259,000
Current Estimated Value
$529,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,568
Avg. Annual Appreciation
9.27%
Original Mortgage
$200,000
Outstanding Balance
$169,602
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$339,208

Purchase Details

Closed on
Jan 14, 2016
Sold by
Diamond Cindy L and Scot Cindy L
Bought by
Scott Roger M

Purchase Details

Listed on
Mar 22, 2013
Closed on
Oct 16, 2013
Sold by
Barth Raymond L and Barth Linda G
Bought by
Scott Roger Markham and Scott Cindy
Seller's Agent
Bob Knudson
Windermere Prof Partners
Buyer's Agent
Neil Swanson
Fathom Realty WA LLC
List Price
$199,000
Sold Price
$160,000
Premium/Discount to List
-$39,000
-19.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%
Original Mortgage
$130,000
Interest Rate
4.55%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 11, 2007
Sold by
Stone Eugene E
Bought by
Barth Raymond L and Barth Linda G
Source: Public Records

Range of Values:

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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
Placentia Teresa Lynn $258,719 Fidelity National Title
Scott Roger M -- None Available
Scott Roger Markham $160,000 Rainier Title
Barth Raymond L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Placentia Teresa Lynn $200,000
Previous Owner Scott Roger Markham $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2018 01/02/18 Sold $259,000 0.0% $294 / Sq Ft
11/21/2017 11/21/17 Pending -- -- --
11/16/2017 11/16/17 For Sale $259,000 +61.9% $294 / Sq Ft
10/17/2013 10/17/13 Sold $160,000 -19.6% $182 / Sq Ft
09/18/2013 09/18/13 Pending -- -- --
03/22/2013 03/22/13 For Sale $199,000 -- $226 / 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 $3,845 $452,300 $420,900 $31,400
2024 $3,845 $450,200 $420,900 $29,300
2023 $3,845 $420,100 $394,600 $25,500
2022 $3,237 $387,900 $357,800 $30,100
2021 $2,917 $264,000 $242,000 $22,000
2019 $2,419 $234,400 $215,900 $18,500
2018 $2,435 $220,700 $202,800 $17,900
2017 $2,347 $199,400 $183,200 $16,200
2016 $2,357 $186,600 $173,400 $13,200
2014 $2,944 $183,700 $149,900 $33,800
2013 $2,944 $181,500 $150,500 $31,000
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1217821

Northwest Multiple Listing Service (NWMLS)

APN: 002001-2064