Listed by Renaissance Real Estate LLC, Bought with Real Estate 2000 Inc.
NOT LISTED FOR SALE

17615 Driftwood Dr E Lake Tapps, WA 98391

Estimated Value: $950,000 - $1,114,000

3 Beds
2.5 Baths
2,348 Sq Ft
$443/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $699,000 $298 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $6,698/month

14 Days on Market

Highlights

  • 93 Feet of Waterfront
  • Docks
  • RV Access or Parking
  • Lake Tapps Elementary School Rated A-
  • Community Boat Launch
  • Lake View

About This Home

As of November 2020

INVESTOR ALERT ... Huge potential in this Lake Tapps waterfront property located at Driftwood Point. This 2348 sq/ft home boast, 3 bedroom 1.5 Bath that needs your vision and finishing touches. New roof, newer siding, visions abound in this split level waterfront home on almost a full acre. Possibilities abound for detached garage on the upper portion of the lot with Mt Views. This is priced to sell, bring your dreams

Last Agent to Sell the Property

Jamie Penrod

Renaissance Real Estate LLC License #27706 Listed on: 09/21/2020

Co-Listed By

Matt Llewellyn

Renaissance Real Estate LLC License #25728

Last Buyer's Agent

John Gustafson

Real Estate 2000 Inc. License #30949

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1667124

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,275

Year Built

  • Built in 1993

Lot Details

  • 0.81 Acre Lot
  • 93 Feet of Waterfront
  • Dirt Road
  • Street terminates at a dead end
  • Dog Run
  • Partially Fenced Property
  • Brush Vegetation
  • Level Lot
  • Garden

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Property Views

  • Lake
  • Canal
  • Mountain
  • Territorial

Home Design

  • Split Foyer
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 2,348 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • French Doors
  • Dining Room
  • Storm Windows

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Docks
  • Patio
  • Outbuilding

Schools

  • Lake Tapps Elementary School
  • North Tapps Mid Middle School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 505040-001-5

Community Details

Overview

  • Driftwood Point Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Boat Launch

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,275

Year Built

Built in 1993

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 14 - Split Entry
  • Year Built: 1993
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Driftwood Point
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 2348
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 49

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Engineered Hardwood
  • Interior Amenities: Ceramic Tile, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, French Doors, Water Heater
  • Living Area: 2348
  • Bathrooms: 2.25
  • BathsFullMain: 0
  • SquareFootageFinished: 2348
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 1
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 3

Exterior Features

  • Roof: Composition
  • View: Canal, Lake, Mountain(s), See Remarks, Territorial
  • Lot Features: Dead End Street, Dirt Road
  • View: Yes
  • Waterfront: Yes
  • Exterior Features: Cement/Concrete, See Remarks
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: House
  • WaterfrontFootage: 93

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: See Remarks
  • Security: Fully Fenced
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Septic System, Natural Gas Connected
  • PowerCompany: PSE
  • WaterCompany: Bonney Lake
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: Boat Launch, CCRs, Community Waterfront/Pvt Beach
  • Association Fee: 21
  • Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Parcel Number: 505040-001-5
  • Topography: Level,PartialSlope,Sloped,Terraces
  • Lot Size Acres: 0.8075
  • Lot Size Sq Ft: 35175
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Dock,Dog Run,Fenced-Partially,Gas Available,High Speed Internet,Moorage,Outbuildings,Patio,RV Parking
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 9275

MLS Schools

  • Elementary School: Lake Tapps Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2020
Closed on
Nov 20, 2020
Sold by
Capponi Darin W
Bought by
Pistilli Kristy M
Seller's Agent
Jamie Penrod
Renaissance Real Estate LLC
Buyer's Agent
John Gustafson
Real Estate 2000 Inc.
List Price
$699,000
Sold Price
$699,000
Current Estimated Value
$1,057,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,827
Avg. Annual Appreciation
9.31%
Original Mortgage
$611,400
Outstanding Balance
$547,770
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$516,058

Purchase Details

Closed on
Mar 22, 2000
Sold by
Ducken Patrick A
Bought by
Capponi Darin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
8.34%
Source: Public Records

Range of Values:

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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
Pistilli Kristy M $699,000 First American Title
Capponi Darin W $255,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pistilli Kristy M $611,400
Previous Owner Capponi Darin W $200,603
Previous Owner Capponi Darin W $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $699,000 0.0% $298 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $699,000 -- $298 / 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 $10,617 $1,101,400 $597,200 $504,200
2024 $10,617 $1,060,500 $616,700 $443,800
2023 $10,617 $1,057,800 $650,400 $407,400
2022 $8,570 $966,300 $599,800 $366,500
2021 $8,845 $669,900 $426,600 $243,300
2019 $8,841 $688,400 $456,800 $231,600
2018 $9,916 $686,700 $456,800 $229,900
2017 $8,509 $633,700 $420,800 $212,900
2016 $6,913 $482,200 $290,700 $191,500
2014 $6,011 $431,500 $263,000 $168,500
2013 $6,011 $404,300 $248,000 $156,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1667124

Northwest Multiple Listing Service (NWMLS)

APN: 505040-0015