Listed by Timber Real Estate, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

17517 48th St E Lake Tapps, WA 98391

Estimated Value: $581,000 - $727,000

4 Beds
2 Baths
1,628 Sq Ft
$395/Sq Ft Est. Value

Last Sold April 14, 2022

Last sale price $650,000 $399 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,888/month

Highlights

  • Waterfront Community
  • RV Access or Parking
  • Secluded Lot
  • Crestwood Elementary School Rated A-
  • 1.37 Acre Lot
  • 1 Fireplace

About This Home

As of April 2022

RARE home on 1+ acres! Boasting 4 bed 2 baths with an inviting open floor plan. Upstairs you will find 3 generous sized bedrooms plus a full bath, open concept kitchen with granite counters and bar seating along w/ skylights for abundant natural light! Downstairs you have one bedroom with a large closet and attached bath. Lower bedroom could easily be used as a family room as well! So much potential with this home! Head outside and marvel at the peace and quiet that your 1.3 acre property provides. Plenty of space for gardening, RV parking, gatherings around the fire pit and whatever else you can dream! Pre-Inspected and ready for new owners. HOA provides you access to Jenks & Lakeridge Private parks on Lake Tapps! Check it out today!

Last Agent to Sell the Property

Andre Bohall

Timber Real Estate License #125030 Listed on: 03/10/2022

Co-Listed By

Joshua Meeks

Timber Real Estate License #26850

Last Buyer's Agent

Mindy Smart

John L. Scott, Inc. License #17506

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1898589

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,073

Year Built

  • Built in 1985

Lot Details

  • 1.37 Acre Lot
  • Street terminates at a dead end
  • Secluded Lot
  • Level Lot
  • Garden
  • Value in Land

HOA Fees

  • $31 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,628 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Dining Room
  • Storm Windows
  • Basement

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

Parking

  • 2 Car Attached Garage
  • Driveway
  • RV Access or Parking

Schools

  • Crestwood Elementary School
  • Lakeridge Middle School
  • Sumner Snr High School

Utilities

  • Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 052020-5-062

Community Details

Overview

  • Lakeridge Rachette Association
  • Lake Tapps Subdivision

Recreation

  • Waterfront Community
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,073

Year Built

Built in 1985

Lot Details

0

HOA Fees

$31 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1985
  • Inclusions: Dishwasher,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1628
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Laminate, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Skylight(s), Water Heater
  • Living Area: 1628
  • Main Level Bedrooms: 3
  • Bathrooms: 2
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1628
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Microwave,Refrigerator,Stove/Range

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved, Secluded, Value In Land
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: House

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electricity Available, Wood, See Remarks
  • HeatingCoolingType: Forced Air
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: City of Bonney Lake
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Community Waterfront/Pvt Beach, Park, Playground
  • Senior Community: No
  • Association Fee: 375
  • Association Fee Frequency: Annually
  • Association: Yes
  • AssociationContactName: Lakeridge Rachette

Schools

  • Junior High Dist: Sumner-Bonney Lake
  • High School: Sumner Snr High
  • Middle Or Junior School: Lakeridge Middle

Lot Info

  • Parcel Number: 052020-5-062
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 1.373
  • Lot Size Sq Ft: 59809
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet,RV Parking
  • MLSLotSizeSource: Public Record
  • MLSSquareFootageSource: Public Record

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 5073

Multi Family

  • EnergySource: Electric,Wood

MLS Schools

  • Elementary School: Crestwood Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Apr 6, 2022
Sold by
Clark Ronald D
Bought by
Thompson Charles Lewis and White Erin Maclellan
Seller's Agent
Andre Bohall
Timber Real Estate
Buyer's Agent
Mindy Smart
John L. Scott, Inc.
List Price
$599,950
Sold Price
$650,000
Premium/Discount to List
$50,050
8.34%
Current Estimated Value
$643,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,464
Avg. Annual Appreciation
0.20%
Original Mortgage
$617,500
Outstanding Balance
$578,002
Interest Rate
3.76%
Mortgage Type
Balloon
Estimated Equity
$76,441
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
Thompson Charles Lewis -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Charles Lewis $617,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $650,000 0.0% $399 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
03/16/2022 03/16/22 Price Changed $650,000 +8.3% $399 / Sq Ft
03/10/2022 03/10/22 For Sale $599,950 -- $369 / 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 $5,505 $594,700 $332,100 $262,600
2024 $5,505 $574,600 $302,900 $271,700
2023 $5,505 $513,300 $275,400 $237,900
2022 $5,327 $524,400 $287,500 $236,900
2021 $5,073 $368,000 $188,300 $179,700
2019 $4,203 $329,700 $160,100 $169,600
2018 $4,256 $319,500 $154,900 $164,600
2017 $3,677 $285,100 $129,500 $155,600
2016 $3,129 $225,300 $100,600 $124,700
2014 $2,866 $205,100 $82,200 $122,900
2013 $2,866 $182,500 $74,400 $108,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1898589

Northwest Multiple Listing Service (NWMLS)

APN: 052020-5062