Listed by MLS4owners.com, Bought with Premier Real Estate Partners
NOT LISTED FOR SALE

1803 Channel Rd E Lake Tapps, WA 98391

Estimated Value: $1,393,000 - $1,412,000

4 Beds
2.5 Baths
2,922 Sq Ft
$479/Sq Ft Est. Value

Last Sold July 15, 2024

Last sale price $1,379,000 $472 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $8,459/month

7 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Second Kitchen
  • Dieringer Heights Elementary School Rated A-
  • Community Boat Launch
  • RV Access or Parking

About This Home

As of July 2024

Enjoy the perks of 70 feet of Lake Tapps canal waterfront living with two docks & a boat lift. Calm waters make it a breeze to go swimming & kayaking. Detached shop with drive thru access. 2922 SF daylight basement home with custom finishes. Shiplap walls, wine barrel accent wall, & built-ins. 4 beds, 2 1/2 baths, open kitchen to living room, gas fireplace, office, main floor primary with en suite, walk in closet, & slider out to the deck with lake & mountain views. Downstairs there’s 3 bedrooms, full bath, MIL setup with kitchenette, & another family room. 10 sliding glass doors, 8 w/access to the deck/patio with lake views. Air conditioning, fully fenced & gated entry, recently asphalted driveway. Top-rated Dieringer School District.

Last Agent to Sell the Property

Chris Nye

MLS4owners.com License #13886 Listed on: 06/10/2024

Last Buyer's Agent

Khalid Farrah

Premier Real Estate Partners License #104805

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2249758

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,122

Year Built

  • Built in 1988

Lot Details

  • 0.5 Acre Lot
  • Low Bank Waterfront Property
  • 70 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Gated Home
  • Property is Fully Fenced

HOA Fees

  • $7 Monthly HOA Fees

Parking

  • 4 Car Detached Garage
  • Driveway
  • RV Access or Parking

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,922 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Dining Room
  • Finished Basement
  • Natural lighting in basement
  • Storm Windows
  • Dryer

Kitchen

  • Second Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathroom on Main Level
  • Spa Bath

Outdoor Features

  • Docks
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5075001640

Community Details

Overview

  • Tacoma Pt./Evergreen Pt. Subdivision

Recreation

  • Community Boat Launch
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,122

Year Built

Built in 1988

Lot Details

0

HOA Fees

$7 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1988
  • Buyer Agency Compensation: 0
  • Inclusions: Dishwashers,Dryers,GarbageDisposal,Microwaves,Refrigerators,StovesRanges
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2922
  • SeniorExemption: false
  • SOCComments: *Minus SO Admin Fee $400 See Remarks*
  • NWM_ExcludedItemsYN: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: Daylight, Finished
  • Private Spa: Yes
  • Appliances: Dishwasher(s), Dryer(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Ceramic Tile, Laminate, Wall to Wall Carpet, Second Kitchen, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Hot Tub/Spa, Skylight(s), Walk-In Closet(s), Fireplace
  • Living Area: 2922
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Bathrooms: 2.5
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 2922
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 3
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s)

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s), Territorial
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront Features: Bank-Low, Lake
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • WaterfrontFootage: 70
  • WaterAccess: Community Waterfront/Pvt Beach

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Driveway, Detached Garage
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: SecurityGate, PartiallyFenced
  • Cooling: Central A/C
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • WaterCompany: City of Bonney Lake

Condo/Co-op/Association

  • Community Features: Boat Launch, Park
  • Senior Community: No
  • Association Fee: 88
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • NWM_OtherDuesOrFeesYN: true

Schools

  • Junior High Dist: Dieringer

Lot Info

  • Parcel Number: 5075001640
  • Land Lease: No
  • Lot Size Acres: 0.5022
  • Lot Size Sq Ft: 21875
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dock,Fenced-Fully,Gas Available,Gated Entry,High Speed Internet,Patio,RV Parking,Shop
  • MLSLotSizeSource: tax records
  • MLSSquareFootageSource: tax records

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 12122

Multi Family

  • EnergySource: Electric,Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2024
Closed on
Jul 9, 2024
Sold by
Hargett Karen G and Hargett Kevin
Bought by
Knierim Erik and Knierim Diksha
Seller's Agent
Chris Nye
MLS4owners.com
Buyer's Agent
Khalid Farrah
Premier Real Estate Partners
List Price
$1,379,000
Sold Price
$1,379,000
Views
7
Current Estimated Value
$1,400,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,885
Avg. Annual Appreciation
1.48%
Original Mortgage
$1,103,200
Outstanding Balance
$1,092,058
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$311,516

Purchase Details

Listed on
Apr 11, 2018
Closed on
May 15, 2018
Sold by
Burrill Kelli C and Burrill Robbie
Bought by
Hargett Karen G and Hargett Kevin
Seller's Agent
Tyler Freed
Windermere Real Estate/PSK Inc
Buyer's Agent
Mike Elliott
Windermere Real Estate/PSR Inc
List Price
$789,880
Sold Price
$805,001
Premium/Discount to List
$15,121
1.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%
Original Mortgage
$565,001
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2011
Sold by
Petersen Johnson Paula
Bought by
Ohara Kelli C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2011
Sold by
Johnson Marty and Johnson Kathlana
Bought by
Peterson Johnson Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2009
Sold by
Petersen Johnson Paula R
Bought by
Petersen Johnson Paula R and Johnson Marty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,900
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 1998
Sold by
Johnson Petersen Paula R and Johnson Paula R
Bought by
Petersen Johnson Paula R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Interest Rate
6.75%
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
Knierim Erik $1,385,896 Ticor Title
Hargett Karen G $804,720 Cw Title
Ohara Kelli C $406,000 Northpoint Escrow & Title Ll
Peterson Johnson Paula -- Northpoint Escrow & Title Ll
Petersen Johnson Paula R -- Northpoint Escrow & Title Ll
Petersen Johnson Paula R -- Rainier Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knierim Erik $1,103,200
Previous Owner Hargett Karen G $565,001
Previous Owner Ohara Kelli C $116,000
Previous Owner Petersen Johnson Paula R $314,900
Previous Owner Petersen Johnson Paula R $251,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $1,379,000 0.0% $472 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $1,379,000 +71.3% $472 / Sq Ft
05/17/2018 05/17/18 Sold $805,001 +1.9% $275 / Sq Ft
04/17/2018 04/17/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $789,880 -- $270 / 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 $12,301 $1,283,800 $649,200 $634,600
2024 $12,301 $1,232,900 $674,200 $558,700
2023 $12,301 $1,226,600 $711,100 $515,500
2022 $9,841 $1,109,800 $655,700 $454,100
2021 $10,116 $766,700 $466,400 $300,300
2019 $9,170 $722,400 $430,800 $291,600
2018 $10,244 $712,700 $430,800 $281,900
2017 $8,836 $655,000 $396,800 $258,200
2016 $7,243 $508,900 $274,100 $234,800
2014 $6,164 $452,400 $248,000 $204,400
2013 $6,164 $408,900 $219,300 $189,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2249758

Northwest Multiple Listing Service (NWMLS)

APN: 507500-1640