NOT LISTED FOR SALE

16514 27th Street Ct E Lake Tapps, WA 98391

Estimated Value: $989,000 - $1,037,000

5 Beds
3.5 Baths
3,542 Sq Ft
$287/Sq Ft Est. Value

Last Sold May 11, 2023

Last sale price $894,995 $253 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,162/month

362 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 May 2023

The Sequoia by MainVue Homes at Lakeland Ridge is a basement design that maximizes creative space. Enter through the Foyer and find an L-shaped plan design that draws you by an elegant Powder Room with LED pendant lighting then leads to a Multi-Purpose Room, Great Room, Dining and Gourmet Kitchen with nine bulb Dining Room chandelier, KitchenAid appliances and 3cm Quartz Counters. Downstairs, find a Rec Room, Guest Room, Full Bath & Covered Patio. Next, up to the top floor the Leisure Room awaits, which connects 3 Secondary Beds & Grand Suite with a designer free-standing tub and frameless walk-in shower. 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: 04/11/2022

Co-Listed By

Laura Snider

DR Horton License #111731

Last Buyer's Agent

Peter Kweon

Skyline Properties, Inc. License #138615

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1914906

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,330

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 3,963 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

  • 3,542 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

  • 5 Bedrooms
  • 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

  • Down Payment Assistance Available
  • Tax Lot LLR-5 Sequoia
  • Assessor Parcel Number 5005100050

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,330

Year Built

Built in 2022 | 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: 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: 3542
  • SeniorExemption: false
  • EstimatedCompletionDate: 2022-11-30
  • NewConstruction: Under Construction
  • Special Features: NewHome
  • Cumulative Days on Market: 927

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: High Efficiency - 90%+, Forced Air, Heat Pump, 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, Water Heater
  • Living Area: 3542
  • Bathrooms: 3.5
  • BathsFullMain: 0
  • FireplacesMain: 2
  • SquareFootageFinished: 3542
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BedroomsLower: 1
  • 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 Y N: Yes
  • 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: 5005100050
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.091
  • Lot Size Sq Ft: 3963
  • 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-5 Sequoia

Green Features

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

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022

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
Apr 11, 2022
Closed on
May 8, 2023
Sold by
Mainvue Wa Llc
Bought by
Ho Jung Gwang and Miyoun Jung Miyoun
Seller's Agent
Sonna Stanton
Teambuilder KW
Buyer's Agent
Peter Kweon
Skyline Properties, Inc.
List Price
$949,950
Sold Price
$894,995
Premium/Discount to List
-$54,955
-5.79%
Total Days on Market
362
Views
8
Current Estimated Value
$1,015,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,588
Avg. Annual Appreciation
6.33%
Original Mortgage
$495,000
Outstanding Balance
$483,702
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$531,881
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
Ho Jung Gwang -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ho Jung Gwang $495,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2023 05/11/23 Sold $894,995 0.0% $253 / Sq Ft
04/08/2023 04/08/23 Pending -- -- --
02/01/2023 02/01/23 Price Changed $894,995 -5.8% $253 / Sq Ft
10/26/2022 10/26/22 For Sale $949,950 0.0% $268 / Sq Ft
10/26/2022 10/26/22 Price Changed $949,950 -7.1% $268 / Sq Ft
04/23/2022 04/23/22 Pending -- -- --
04/20/2022 04/20/22 Price Changed $1,022,995 +1.1% $289 / Sq Ft
04/11/2022 04/11/22 For Sale $1,011,950 -- $286 / 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 $8,330 $947,400 $225,400 $722,000
2023 $8,330 $388,400 $202,900 $185,500
2022 $1,363 $397,300 $202,900 $194,400
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: 1914906

Northwest Multiple Listing Service (NWMLS)

APN: 500510-0050