NOT LISTED FOR SALE

16602 25th Street Ct E Lake Tapps, WA 98391

Estimated Value: $350,000 - $937,000

1.5 Acres
$338,019 Price per Acre
65,340 Sq Ft Lot

Last Sold May 01, 2021

Last sale price $335,000

Est. 51% increase in value since last sale

Current estimated payment $3,087/month

20 Days on Market

Highlights

  • Open Space
  • Lake Tapps Elementary School Rated A-
  • Level Lot

About This Lot

As of May 2021

Build 6 housing units here. Current zoning Moderate Density Single Family (MSF) allows for 3 duplex units to be built here. 1.5 acres to allow privacy and space between buildings. A mobile home was on the property previously with water, power and septic service to the lot. Nice residential area ready for the investor to create their investment opportunity. Would also work great as a owner/user.

Last Listed By

Dick Pelascini

Windermere Bellevue Commons License #6516 Listed on: 03/04/2021

Windermere Bellevue Commons

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1737600

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,985

Year Built

  • 1982

Lot Details

  • Open Space
  • Level Lot

Utilities

  • Sewer Not Available

Community Details

  • Lake Tapps Community

Listing and Financial Details

  • Assessor Parcel Number 0520087015

Property Details

Property Type

Land

Est. Annual Taxes

$2,985

Year Built

1982

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Brush, Lightly Treed, Partially Cleared
  • Style: 42 - Multi-Family
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1982

Interior Features

  • Approved Number of Bedrooms: 3

Exterior Features

  • Road Information: County Maintained, Paved
  • Road On Which Sideof Property: North
  • Water Jurisdiction: Bonney Lake Water

Utilities

  • Electricity: In Street
  • Gas Available: Not Available
  • Septic Approved for Number of Bedrooms: 3
  • Septic System Installed: Y
  • Sewer: Not Available
  • Water: Available, In Street, On Property

Condo/Co-op/Association

  • Community Name: Lake Tapps

Schools

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

Lot Info

  • General Zoning Classification: Multi-Family, Residential
  • Lot Details: Open Space, Paved Street
  • Lot Sq Ft: 65340
  • Parcel Number: 0520087015
  • Slopeof Property: Lot slopes approx 25' front to back
  • Topography: Level
  • Zoning Jurisdiction: County
  • Zoning Remarks: MSF

Tax Info

  • Tax Amount: 3813

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
May 1, 2021
Sold by
Tafa Properties Llc
Bought by
Kamerzan Dmitriy and Kamerzan Lyudmila
Seller's Agent
Dick Pelascini
Windermere Bellevue Commons
Buyer's Agent
Harry Eng
John L. Scott, Inc
List Price
$350,000
Sold Price
$335,000
Premium/Discount to List
-$15,000
-4.29%
Total Days on Market
20
Current Estimated Value
$507,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,029
Avg. Annual Appreciation
10.69%

Purchase Details

Closed on
May 29, 2007
Sold by
Jacobsen Mark S
Bought by
Tafa Properties Llc

Purchase Details

Closed on
Aug 10, 2006
Sold by
Jones David K
Bought by
Jacobsen Mark S

Purchase Details

Closed on
Mar 26, 2003
Sold by
Roberts Gilbert D
Bought by
Jones David K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
5.79%

Range of Values:

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Average Value
Not Available
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
Kamerzan Dmitriy $335,000 Cw Title
Tafa Properties Llc $299,000 None Available
Jacobsen Mark S $206,372 None Available
Jones David K $210,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones David K $199,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2021 05/01/21 Sold $335,000 -4.3% --
03/24/2021 03/24/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $350,000 -- --
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 $2,985 $316,000 $316,000 --
2023 $2,985 $298,600 $298,600 $0
2022 $2,493 $298,600 $298,600 $0
2021 $2,694 $194,500 $194,500 $0
2019 $3,177 $276,500 $214,300 $62,200
2018 $3,269 $239,800 $175,000 $64,800
2017 $2,899 $203,000 $145,000 $58,000
2016 $2,562 $162,300 $115,000 $47,300
2014 $1,361 $155,300 $108,000 $47,300
2013 $1,361 $151,100 $105,000 $46,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1737600

Northwest Multiple Listing Service (NWMLS)

APN: 052008-7015