Michael Morrison The Unique Home Specialist 253.606.5925 Online at: www.MyUniqueHome.com
Annual Lake Report
Featured Properties
7 Country Club
SOLD
Rhodesleigh.com
31CountryClubDrive.com
SOLD
16CountryClub.com
SOLD
$1,255,000
Lake Steilacoom
SOLD
$795,000
38 Lagoon Lane
$799,500
34 Country Club
Dekoven Drive
$1,995,000
Dear Readers, Welcome to the lake report. Inside you will find hyper-local information on the waterfront real estate market in Lakewood, Washington. Many say you see a person’s true passion come out in the proficiencies that they establish. This is true as I pride myself in being the #1 producing waterfront agent for the area. Whether you are looking to buy or sell in the area, please feel free to call on me and experience the passion difference first hand.
Enjoy,
Michael Morrison Call or Text 253.606.5925 Michael @MyUniqueHome.com
Total All Price Points
BLVD COOM STEILA
This is for all three major lakes
SW
25 20 15 10 5 0
104TH ST SW
2010
500 and Below
2011
2012
2013
500 to 800k
2014
800-1.0m
2015
1.0m plus
All
This shows the market is shifting. Lower price bands are seeing decreased activity, while the 500-800k price band is seeing an uptick in the middle tier.
W RS
D NS RA TE VE
127TH ST CT SW
DOLLY MADSON ST
128TH ST CT SW
2NC
AMERICAN LAKE PARK
BOAT LAUNCH
FOLS
ON AV
LAKEHOUME RD SW
VETERANS DR SW AMERICAN LAKE GOLF COURSE
129TH ST SW WOODHOLME ST SW
SW
AVENUE D UB O
NNAOMILAWN DR SW
VETERANS DR SW
US
AMERICAN LAKE
H VETERAN AFFAIRS MEDICAL CENTER
W RNE O HO
W NS OL
SILCOX ISLAND
T
LA RT PO
ND
RY DA UN BO
ST H 5T 15 SW
ST
ISIO DIV
N
5
EXIT 120
E AV
5
EXIT 122
5
N THORN SPR UCE ST SW
C R EE K
A RD MO RE
HILL GR OVE L N SW
LA NTC MOU
DEKOVEN DR
72
MOUNT TACOMA DR
MOUNT TACOMA DR
R E SCENT L N
IR
VE S OR A MOT
W
BR IDG EP OR TW AY
SW LN EN
M SO OS SW BL LN
BROOK
LAGOO N LN
N SW
105TH ST SW MILLS DR SW
LAKEWOOD MALL BLVD
WILDAIRE DR SW GLEN ECHO LN SW
E VE
RG
MEADOW DR SW
GR EE LN NGA SW
W
W LAKE STEILA COOM S
TOWER RD S W
RS
OM SW
W RS
CO
ED
TE
EN
ILA STE
RE
FOREST LAKE RD SW
LAKE AVE SW
FE RD AL
LA LN GOO SS N W
KE LA
INTERLAAKEN DR SW
BE AC H
LN
STEILACOOM LAKE
GRAVELLY LAKE DRIVE
EL NS W
GRE
BR IDG LN
DR
TE EP E
ER L A A INT
KEN L AA
DEKOVEN
ER INT
Market Share
93RD ST SW
K EN
C
D R SW
DR IVE
WAVERLY DR SW
W ES AV
WEST SHORE A VE SW
72N D AVE SW
OM L A KE S T E ILAC O POI N T RD
NIXON AVE SW
HIPKINS RD SW
C
LEXINGON AVE SW
CHAM BE R S
R EE K
BRIDGEPORT WAY W
C
BERS HAM
GR
L LLY AV E
E DRIVE AK
Michael
Competitor 1
Others
Others
Others
Others
Percentage of transactions sides on American, Gravelly and Steilacoom lakes handled by Michael. This shows that Michael has the greatest number of buyers and sellers in the market place ensuring a smooth transaction for you and pool of available properties to pick from and buyers to pull from.
NYANZA R D
SW
GRAVELLY LAKE
DR I
VE
GRAVELLY LAKE
NE L N S W
79TH AVE SW
LAKELAND AVE SW
WA AV LNU E S T 126 ST SW W (LANGLOW)
NORTH ST SW
G R AV E
LLY LAKE DRI V E S WOODBROOK D R
RS W BD
CLU DTR Y
UN
S
W
DUBOUS RD SW
SW VETERANS DR
CO
5
EXIT 124
25
Sales by Lake by Year EXIT 123
20 15 10 5 0
2010
2011 American
2012 Gravelly
2013
Steilacoom
2014 Steilacoom
2015 Totals
This shows the breakdown by each lake is proportionately the same with Steilacoom having more activity than the others.
2015 Lake Activity SALE #
CLOSE DATE
ADDRESS
SALE PRICE
23
1 2 / 0 7 / 1 5 12711 Avenue Dubois
22
SQ FEET
LAKE
$1,660,000
8539
American
1 2 / 0 7 / 1 5 10036 Dekoven
$625,000
3939
Steilacoom
21
1 2 / 0 7 / 1 5 9406 Veterans
$600,000
4249
20
1 0 / 0 1 / 1 5 7 Thornewood
$440,000
19
0 9 / 3 0 / 1 5 8823 Lake Steilacoom Pt
18
0 9 / 1 1 / 0 5 12718 Gravelly Lake Dr. SW
17
FRONTAGE
LOT SIZE - Acre
130
1.194
40
0.312
American
100
0.355
1500
American
25
0.365
$599,900
3890
Steilacoom
75
0.275
$1,700,000
7,279
American
110
4.172
0 8 / 1 9 / 1 5 11702 Madera Dr SW
$745,000
3419
Gravelly
75
0.914
16
0 8 / 1 8 / 1 5 12825 Avenue Dubois
$925,500
3435
American
92
0.780
15
0 8 / 1 3 / 1 5 8917 N Thorne Lane
$490,000
2688
American
80
0.322
14
0 8 / 1 1 / 1 5 15 Lagoon Lane
$590,000
3114
Steilacoom
95
0.620
13
0 8 / 0 7 / 1 5 7 Country Club Dr.
$1,235,338
5190
American
100
0.510
12
0 8 / 0 3 / 1 5 11708 Madera Dr SW
$630,000
2496
Gravelly
50
0.726
11
7 / 2 4 / 2 0 1 5 16 Country Club Dr. SW
$950,000
4830
American
100
0.69
10
7 / 2 / 2 0 1 5 7 Lagoon Lane
$1,025,000
3536
Steilacoom
150
0.834
9
0 6 / 2 2 / 1 5 10819 Evergreen Terrace
$760,000
3522
Steilacoom
80
0.551
8
0 6 / 1 7 / 1 5 10010 Dekoven
$425,000
2626
Steilacoom
16
0.468
7
0 6 / 1 0 / 1 5 11808 Nyanza
$1,755,000
6250
Gravelly
245
5.721
6
0 6 / 0 5 / 1 5 14 Beach Lane
$452,000
2646
Steilacoom
60
0.378
5
0 4 / 3 0 / 1 5 8719 N Thorne Lane
$700,950
2608
American
100
0.659
4
0 4 / 2 4 / 1 5 10817 Greendale Dr. SW
$529,000
3051
Steilacoom
100
0.163
3
0 4 / 1 0 / 1 5 11921 Gravelly Lake Dr
$1,575,000
8498
Gravelly
128
1.639
2
0 4 / 0 9 / 1 5 12819 Avenue Dubois
1
0 1 / 2 7 / 1 5 33 Country Club
$549,500
1824
American
51
0.468
$1,000,000
4602
American
85
0.517
Averages
$867,921
4,075
91
0.98
High Sale
$1,755,000
Low Sale
$425,000
Private Sale
Notes: Properties considered are those with direct frontage on Gravelly Lake, American Lake and Lake Steilacoom. Homes with lake access and easements are not included in the above numbers. We do handle lake access properties, however they are not factored into the statistics. Information is gathered from public records, courtesy of the NWMLS, and other sales brokered outside of the MLS system that come to our knowledge for market statistic purposes. All information although deemed reliable, should be verified by the consumer.
2014 Lake Activity SALE #
CLOSE DATE
ADDRESS
SALE PRICE
SQ FEET
LAKE
FRONTAGE
LOT SIZE - Acre
14
10/31/2014 10603 Lake Steilacoom
$575,000
3049
Steilacoom
90
0.551
13
1 0 / 2 4 / 1 4 9110 128th
$675,000
3216
American
55
0.350
12
0 9 / 2 4 / 1 4 8812 Frances Folsom
$775,950
4115
American
50
0.402
11
0 8 / 2 9 / 1 4 12617 Avenue Dubois
$850,000
2456
American
57
0.488
10
0 8 / 2 0 / 1 4 31 Country Club Dr SW
$750,000
4291
American
65
0.480
9
0 7 / 2 5 / 1 4 10224 Green Lane
$790,000
4752
Steilacoom
175
0.886
8
0 7 / 1 8 / 1 4 13028 Lake City Blvd
$700,000
4975
American
39
0.071
7
0 7 / 0 3 / 1 4 9831 Lake Steilacoom
$675,000
2779
Steilacoom
65
0.478
6
0 6 / 1 3 / 1 4 9018 Dolly Madison
$555,000
1898
American
60
0.820
5
0 6 / 0 3 / 1 4 7227 Interlaaken
$525,000
3154
Steilacoom
85
0.220
4
0 5 / 2 1 / 1 4 10837 Evergreen Terr
$600,000
3301
Steilacoom
58
0.372
3
0 4 / 1 0 / 1 4 10512 Brook Lane
$495,000
2558
Steilacoom
93
0.410
2
0 4 / 1 0 / 1 4 9705 Lake Steilacoom Dr
$665,000
9791
Steilacoom
100
0.680
1
0 2 / 1 1 / 1 4 8863 Gramercy Place
$975,000
4691
Steilacoom
135
0.800
Averages
$686,139
3930
82.46
0.501
High Sale
$975,000
Low Sale
$495,000
Notes: Properties considered are those with direct frontage on Gravelly Lake, American Lake and Lake Steilacoom. Homes with lake access and easements are not included in the above numbers. We do handle lake access properties, however they are not factored into the statistics. Information is gathered from public records, courtesy of the NWMLS, and other sales brokered outside of the MLS system that come to our knowledge for market statistic purposes. All information although deemed reliable, should be verified by the consumer.
Crosby Estate
SOLD
Each office owned and operated individually. All information published does not constitute a contract, offer or promise, and should be verified from the reader. All information obtained from public sources including public sales records and MLS statistics. This is not a solicitation of currently listed properties with other brokers. Equal Housing Opportunity.
3004 Harborview Dr. GH, WA 98335
The Unique Home Specialist 253.606.5925
Michael Morrison
Mail To:
American Lake
$1,399,950