NOT LISTED FOR SALE

16510 25th St E Lake Tapps, WA 98391

Estimated Value: $1,073,000 - $1,205,000

5 Beds
3.5 Baths
3,848 Sq Ft
$299/Sq Ft Est. Value

Last Sold February 22, 2024

Last sale price $1,111,995 $289 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,672/month

196 Days on Market

Highlights

  • Under Construction
  • Contemporary Architecture
  • Wood Flooring
  • Lake Tapps Elementary School Rated A-
  • Territorial View
  • 2 Fireplaces

About This Home

As of February 2024

The Indigo by MainVue Homes at Lakeland Ridge is a three-story basement home design with all-season allure. On the main level, find a corner-set Home Office with plush carpeting. The Great Room, Gourmet Kitchen, Dining Room, and Signature Outdoor Room which share great connectivity for open-flow living. On the lower level, a bedroom, bathroom and Covered Patio await. Upstairs, there are three secondary bedrooms, a Leisure Room and the luxurious Grand Suite featuring an expansive walk-in Dressing Room, 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 Listed By

Sonna Stanton

Teambuilder KW License #51358 Listed on: 05/08/2023

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2065619

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,923

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 7,205 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

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

  • 3,848 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Gas Fireplace
  • Dining Room
  • Territorial Views
  • Natural lighting in basement
  • Storm Windows

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Patio

Utilities

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

Community Details

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

Listing and Financial Details

  • Tax Lot LLR-85 Indigo
  • Assessor Parcel Number 5005100850

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,923

Year Built

Built in 2023 | Under Construction

Lot Details

0

HOA Fees

$79 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 2023
  • Buyer Agency Compensation: 2.5
  • 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: 3848
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • EstimatedCompletionDate: 2024-03-15
  • NewConstruction: Presale
  • SOCComments: Registration Policy-see Broker Remarks
  • Special Features: NewHome
  • Cumulative Days on Market: 655

Interior Features

  • Fireplaces: 2
  • Basement: Daylight
  • Appliances: Dishwasher, Disposal, Microwave, Stove/Range
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate, Carpet
  • Interior Amenities: Hardwood, Laminate, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, High Tech Cabling, Walk-In Closet(s), Walk-In Pantry, Fireplace, Water Heater
  • Living Area: 3848
  • Bathrooms: 3.5
  • BathsFullMain: 0
  • FireplacesMain: 2
  • SquareFootageFinished: 3848
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Microwave,Stove/Range

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Builder Name: MainVue Homes
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Under Construction
  • Structure Type: House

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: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric-Tank

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: 5005100850
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.1654
  • Lot Size Sq Ft: 7205
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Recorded Plat Map
  • MLSSquareFootageSource: Builder
  • ZoningJurisdiction: City
  • LotNumber: LLR-85 Indigo

Green Features

  • Power Production Type: Electric, Natural Gas

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
May 8, 2023
Closed on
Feb 14, 2024
Sold by
Mainvue Wa Llc
Bought by
Kim Cason and Kim Siyu
Seller's Agent
Sonna Stanton
Teambuilder KW
Buyer's Agent
Samuel Yi
Michael J Real Estate LLC
List Price
$1,095,275
Sold Price
$1,111,995
Premium/Discount to List
$16,720
1.53%
Total Days on Market
196
Views
166
Current Estimated Value
$1,149,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,355
Avg. Annual Appreciation
2.37%
Original Mortgage
$889,596
Outstanding Balance
$854,729
Interest Rate
5.87%
Mortgage Type
New Conventional
Estimated Equity
$290,536

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
Kim Cason $1,111,996 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Cason $889,596
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2024 02/22/24 Sold $1,111,995 0.0% $289 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
10/18/2023 10/18/23 Price Changed $1,111,995 +0.6% $289 / Sq Ft
07/07/2023 07/07/23 Price Changed $1,105,275 +0.9% $287 / Sq Ft
05/08/2023 05/08/23 For Sale $1,095,275 -- $285 / 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 $1,923 $215,000 $215,000 --
2023 $1,923 $193,500 $193,500 $0
2022 $1,603 $193,500 $193,500 $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: 2065619

Northwest Multiple Listing Service (NWMLS)

APN: 500510-0850