NOT LISTED FOR SALE

118 198th Ave E Lake Tapps, WA 98391

Estimated Value: $896,000 - $988,000

4 Beds
1 Bath
2,600 Sq Ft
$361/Sq Ft Est. Value

Last Sold December 08, 2021

Last sale price $870,000 $335 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,929/month

15 Days on Market

Highlights

  • Detached Guest House
  • Craftsman Architecture
  • Wooded Lot
  • Lake Tapps Elementary School Rated A-
  • Secluded Lot
  • Territorial View

About This Home

As of December 2021

Opportunity awaits you! This beautifully maintained 2 acre property in Lake Tapps has the versatility and serenity you've been searching to find. From the main house enjoy all the natural light with newly replaced windows and views of nature from all main living areas, or enjoy the peace and quiet on the updated front and back patio. Privacy truly reveals itself when walking through the garden and pond as you make your way to the rear of the property where oversized shop and guest house are located. The wheel chair accessible entrance to guest house creates the perfect rental, or additional living corridors. This is a must see in person to relish in the atmosphere this property provides.

Last Agent to Sell the Property

Stacie Shelton

Best Choice Realty LLC License #131892 Listed on: 09/11/2021

Best Choice Realty LLC

Co-Listed By

Jenifer Torres

Best Choice Network LLC License #134353

Last Buyer's Agent

Jacob Lemke

Northwest HomePros LLC License #20107589

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1835888

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,193

Year Built

  • Built in 1984

Lot Details

  • Open Space
  • Dog Run
  • Partially Fenced Property
  • Brush Vegetation
  • Secluded Lot
  • Sprinkler System
  • Wooded Lot
  • Garden
  • Value in Land
  • Property is zoned Rural- 10

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Territorial Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Driveway
  • Off-Street Parking

Utilities

  • Shared Well
  • Septic System

Additional Features

  • Patio
  • Detached Guest House

Community Details

  • Lake Tapps Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 052003-6-035

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,193

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Craftsman
  • Accessibility Features: B
  • Effective Year Built: 1990
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1984
  • Accessory Dwelling Unit: DTCDWL
  • Finished Detached Dwelling Sq Ft: 884
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1984

Interior Features

  • Features: Wired For Generator, French Doors
  • Floor Covering: Ceramic Tile, Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Refrigerator, Washer, K
  • Approved Number of Bedrooms: 4
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 4
  • Bathrooms: 2.75
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2600
  • Square Footage Finished: 2600
  • Square Footage Unfinished: 1000
  • Total Square Footage: 3484

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached, Off Street, Driveway Parking
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 4
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Valley Water District
  • Water Heater: Garage-Conventional
  • Water Source: Shared Well

Condo/Co-op/Association

  • HOA Fees: 10
  • Community Name: Lake Tapps
  • Community Features: CCRs

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: DGR
  • Junior High: Buyer To Verify

Lot Info

  • Lot Number: 1
  • Lot Details: Open Space, Secluded, Value In Land
  • Lot Sq Ft: 87120
  • Lot Topography Vegetation: Brush, Garden Space, Wooded
  • Parcel Number: 052003-6-035
  • Zoning Code: Rural- 10
  • Zoning Jurisdiction: County
  • Lot Topography: Brush, Garden Space, Wooded

Tax Info

  • Year: 2021
  • Tax Amount: 7684

MLS Schools

  • Elementary School: Buyer To Verify
  • Senior High: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2021
Closed on
Nov 30, 2021
Sold by
Noffke Linda A
Bought by
Lemke Jacob
Seller's Agent
Stacie Shelton
Best Choice Realty LLC
Buyer's Agent
Jacob Lemke
Northwest HomePros LLC
List Price
$949,950
Sold Price
$870,000
Premium/Discount to List
-$79,950
-8.42%
Total Days on Market
15
Current Estimated Value
$938,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,227
Avg. Annual Appreciation
2.90%
Original Mortgage
$824,500
Interest Rate
3.14%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 11, 2009
Sold by
Noffke Aaron J and Noffke Matthew R
Bought by
Noffke Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 3, 2005
Sold by
The Andrew J & Linda A Noffke Living Tr
Bought by
The Linda A Noffke Living Trust

Purchase Details

Closed on
Feb 28, 2002
Sold by
Noffke Andrew
Bought by
Andrew J & Linda A Noffke Joint Living T
Source: Public Records

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Range of Values:

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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
Lemke Jacob $870,000 Chicago Title
Noffke Linda A -- First American Title Ins Co
The Linda A Noffke Living Trust -- --
Andrew J & Linda A Noffke Joint Living T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemke Jacob $980,000
Closed Lemke Jacob $824,500
Previous Owner Noffke Linda A $472,500
Previous Owner Nofke Linda A $425,000
Previous Owner Noffke Linda A $300,000
Previous Owner Noffke Linda A $50,000
Previous Owner Noffke Linda A $84,500
Previous Owner Noffke Andrew J $157,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2021 12/08/21 Sold $870,000 -3.3% $335 / Sq Ft
09/26/2021 09/26/21 Pending -- -- --
09/21/2021 09/21/21 Price Changed $899,900 -5.3% $346 / Sq Ft
09/11/2021 09/11/21 For Sale $949,950 -- $365 / 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
2024 $8,193 $858,000 $418,800 $439,200
2023 $8,193 $826,200 $431,300 $394,900
2022 $7,901 $797,600 $413,800 $383,800
2021 $7,684 $589,300 $299,200 $290,100
2019 $4,534 $542,000 $251,800 $290,200
2018 $7,042 $501,500 $213,400 $288,100
2017 $5,964 $454,200 $187,800 $266,400
2016 $5,630 $355,500 $136,600 $218,900
2014 $5,043 $350,000 $136,600 $213,400
2013 $5,043 $314,900 $124,400 $190,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1835888

Northwest Multiple Listing Service (NWMLS)

APN: 052003-6035