Listed by Teambuilder KW, Bought with COMPASS
NOT LISTED FOR SALE

16223 25th St E Lake Tapps, WA 98391

Estimated Value: $877,000 - $1,120,000

5 Beds
3 Baths
3,115 Sq Ft
$326/Sq Ft Est. Value

Last Sold July 24, 2023

Last sale price $988,995 $317 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,122/month

344 Days on Market

Highlights

  • New Construction
  • Deck
  • Loft
  • Dieringer Heights Elementary School Rated A-
  • Contemporary Architecture
  • 2 Fireplaces

About This Home

As of July 2023

The Cypress by MainVue Homes at Lakeland Ridge is a calm and collected. At the entrance, your own Home Office is set away from main living area. Walk on the wide-plank flooring down the Foyer and enter the Great Room where natural light flows via wall-height sliding glass doors that open to the Signature Outdoor Room. The Gourmet Kitchen has 3cm Quartz countertops, Stainless Steel appliances and a spacious Butler’s Pantry. Upstairs find three secondary bedrooms, Leisure Room and luxurious Grand Suite with expansive walk-in Dressing Room, a frameless walk-in shower and designer free-standing tub. Customer registration policy: Buyer’s Broker to visit or be registered on Buyer’s 1st visit for full Commission or commission is reduced.

Last Agent to Sell the Property

Sonna Stanton

Teambuilder KW License #51358 Listed on: 07/11/2022

Co-Listed By

Tammy Nelson

Teambuilder KW License #8448

Last Buyer's Agent

Jesse Misener

COMPASS License #136286

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1964344

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,977

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 5,000 Sq Ft Lot
  • Cul-De-Sac
  • Property is Fully Fenced
  • Level Lot
  • Property is in very good condition

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 3,115 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Loft
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

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

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Deck
  • Patio

Utilities

  • Heat Pump System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Built by MainVue Homes
  • Dieringer Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot LLR-106 Cypress
  • Assessor Parcel Number 5005101060

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,977

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$79 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2022
  • Inclusions: Dishwasher,GarbageDisposal,Microwave,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Building Name: Lakeland Ridge
  • Unit Levels: Two
  • New Construction: Yes
  • CalculatedSquareFootage: 3115
  • SeniorExemption: false
  • EstimatedCompletionDate: 2023-07-24
  • NewConstruction: Completed
  • Special Features: NewHome

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Appliances: Dishwasher, Disposal, Microwave, Stove/Range
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: High Efficiency - 90%+, Forced Air, Heat Pump, Ceramic Tile, Laminate, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, French Doors, Loft, Walk-In Closet(s), Walk-In Pantry, Fireplace, Water Heater
  • Living Area: 3115
  • Main Level Bedrooms: 1
  • Bathrooms: 2.75
  • BathsFullMain: 0
  • FireplacesMain: 2
  • SquareFootageFinished: 3115
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Microwave,Stove/Range

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Builder Name: MainVue Homes
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: false

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 79
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Common Interest: Residential

Schools

  • Junior High Dist: Dieringer
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 5005101060
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Recorded Plat Map
  • MLSSquareFootageSource: Builder
  • ZoningJurisdiction: City
  • LotNumber: LLR-106 Cypress

Green Features

  • Efficiency: High Efficiency - 90%+
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2023

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Jul 17, 2023
Sold by
Mainvue Wa Llc
Bought by
Oh Zena Chun and Oh Jaeha
Seller's Agent
Sonna Stanton
Teambuilder KW
Buyer's Agent
Jesse Misener
COMPASS
List Price
$1,121,143
Sold Price
$988,995
Premium/Discount to List
-$132,148
-11.79%
Views
35
Current Estimated Value
$1,014,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,367
Avg. Annual Appreciation
1.17%
Original Mortgage
$791,196
Outstanding Balance
$773,614
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$240,748
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
Oh Zena Chun $988,996 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oh Zena Chun $791,196
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2023 07/24/23 Sold $988,995 0.0% $317 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
02/01/2023 02/01/23 Price Changed $988,995 -3.9% $317 / Sq Ft
09/16/2022 09/16/22 Price Changed $1,029,143 -8.2% $330 / Sq Ft
07/11/2022 07/11/22 For Sale $1,121,143 -- $360 / 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 $7,977 $947,200 $292,000 $655,200
2024 $7,977 $907,800 $240,200 $667,600
2023 $7,977 $175,100 $175,100 $0
2022 $1,452 $175,100 $175,100 $0
2021 $139 $9,900 $9,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1964344

Northwest Multiple Listing Service (NWMLS)

APN: 500510-1060