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1518 197th Avenue Southwest

1518 197th Avenue Southwest, Lakebay, WA 98349
Property in Pierce
Sold Dec 14, 2021
$367,500
$375,952 by Navy Fcu
Mortgage Due Jan 01, 2052
Sold Dec 23, 2020
$75,000
$71,000 by Wadot Capital Inc
Mortgage
1518 197th Avenue Southwest has been categorized by the local assessors in Lakebay, WA as a residential type of property. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1518 197th Avenue Southwest has 1,296 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 43,560 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a mobile home style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. The roof of the building is made of composition shingle. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1518 197th Avenue Southwest was last sold in Nov 22, 2021 for $367,500. According to our calculations, that's $367,500.00 per sqft. Prior to that sales transaction, the property was sold for $75,000 in Dec 18, 2020. Current property owners are expected to pay $938 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2017. The property on 1518 197th Avenue Southwest was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $94,200. To break that down further, the land itself was valued at $94,200. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 3
  • Full Bathrooms: 2
  • Building Condition: Average
  • Building Style: Mobile home
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1
  • Building Area: 1
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,296
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PIERCE COUNTY SHORT PLAT
  • Land Acres: 1
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Legal Description 1: SECTION 03 TOWNSHIP 20 RANGE 00 QUARTER 33 : L 3 OF S P 83-02-07-0142 TOG/W EASE OF RECORD OUT OF 3-017 SEG S-1494 SH ES

Ownership

  • Current Owner : NICHOLS CHELSEA
  • Current Owner 2: NICHOLS KYLE
  • Previous Owner : MATTE CONSTRUCTION LLC
  • Owner Before Previous Owner: BAILEY RUTH A

Neighborhood

  • School District Name: Peninsula School District
  • Census Tract: 072603

Zoning

  • Zoning: R10

Geography

  • Parcel: 002003-7-019
  • Lot: 3
  • Municipality: PIERCE COUNTY
  • Latitude: 47.2435
  • Longitude: -122.801

    Address

  • Full Address: 1518 197th Ave Sw
  • Address - House Number: 1518
  • Street Segment Direction: SW
  • Address - Street Name: 197th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Lakebay
  • Carrier Code: R003
  • 4-Digit Zip Code: 9178
  • Zip Code: 98349

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $938
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: 471

    Appraisal Valuation

  • Standard Deviation: 0.1459
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 82
  • Final Value: 110,699
  • High Value: 126,855
  • Low Value: 94,543

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $375,952
  • First Open Lien Mortgage Lender: NAVY FCU
  • First Open Lien Mortgage Recording Date: Dec 14, 2021
  • First Open Lien Mortgage Loan Amount: $375,952
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $94,200
  • Market Land Value: $94,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $94,200
  • Assessed Land Value: $94,200

    Sales

  • Current Sale Contract Date: Nov 22, 2021
  • Current Sale Recording Date: Dec 14, 2021
  • Current Sale Transaction ID: 11874327100
  • Current Sale Price: $367,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202112140638
  • Previous Sale Recording Date: Dec 23, 2020
  • Previous Sale Contract Date: Dec 18, 2020
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FCU
  • First Mortgage Transaction Date: Dec 14, 2021
  • First Mortgage Loan Amount: $375,952
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: WADOT CAPITAL INC
  • Previous Mortgage Transaction Date: Dec 23, 2020
  • Previous Mortgage Loan Amount: $71,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Longbranch



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Frequently Asked Questions

What neighborhood is 1518 197th Avenue Southwest located in?
The 1518 197th Avenue Southwest is a located in the neighborhood of Pierce in Longbranch, Lakebay.
What is the average sales price for listings in 1518 197th Avenue Southwest?
The average sales price for units in 1518 197th Avenue Southwest is $0 currently.

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