$805,001
SOLD MAY 17, 2018

1803 Channel Rd E Lake Tapps, WA 98391

4 Beds
3 Baths
2,922 Sq Ft
0.5 Acres

Recently Sold

$275 Per Sq Ft

2% Above List Price

Highlights

  • Low Bank Waterfront Property
  • Docks
  • RV Access or Parking
  • Dieringer Heights Elementary School Rated A-
  • Spa
  • Lake View

About This Home

As of July 2024

High end Tacoma Point Waterfront home with massive detached 4 car shop & 2 docks. Custom finishes throughout the home. Extensive shiplap walls, wine barrel accent wall, remodeled kitchen, new roof, new furnace, new appliances, gated entry, built-ins, updated lighting fixtures, updated powder bath, Main floor master with new full bath en suite with big walk in closet, Master suite slider out to balcony with lake & Mt. views, Optional 5th bed or den, MIL setup downstairs or bonus room.

Last Agent to Sell the Property

Tyler Freed

Windermere Real Estate/PSK Inc License #25774 Listed on: 04/11/2018

Windermere Real Estate/PSK Inc

Last Buyer's Agent

Mike Elliott

Windermere Real Estate/PSR Inc License #5445

Windermere Real Estate/PSR Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1270189

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,301

Year Built

  • Built in 1988

Lot Details

  • Low Bank Waterfront Property
  • Street terminates at a dead end
  • Dog Run
  • Gated Home
  • Property is Fully Fenced
  • Level Lot
  • Garden

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • Detached Garage
  • RV Access or Parking

Outdoor Features

  • Spa
  • Docks
  • Deck
  • Patio

Utilities

  • Septic System
  • Cable TV Available

Additional Features

  • Disabled Access
  • Pasture

Community Details

  • Lake Tapps Community

Listing and Financial Details

  • Assessor Parcel Number 5075001640

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,301

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Hot Tub/Spa, Skylights, Walk-In Closet
  • Floor Covering: Ceramic Tile, Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 3
  • Bathrooms: 2.50
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2922
  • Square Footage Finished: 2922

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake, Mountain, Territorial
  • Waterfront: Bank-Low, Lake

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Parking: 4

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Bonney Lake
  • Water Heater: basement-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Lake Tapps
  • Project: Tacoma Point

Schools

  • Elementary School: Lake Tapps Elem
  • Middle School: North Tapps Mid
  • High School: Buyer To Verify
  • School District: DGR

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 21875
  • Lot Topography Vegetation: Garden Space, Level, Pasture, Terraces
  • Parcel Number: 5075001640
  • Lot Topography: Garden Space, Level, Pasture, Terraces

Tax Info

  • Tax Amount: 8836

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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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 Type Sale Price Title Company
Warranty Deed $1,385,896 Ticor Title
Warranty Deed $804,720 Cw Title
Warranty Deed $406,000 Northpoint Escrow & Title Ll
Interfamily Deed Transfer -- Northpoint Escrow & Title Ll
Interfamily Deed Transfer -- Northpoint Escrow & Title Ll
Interfamily Deed Transfer -- Rainier Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,103,200 New Conventional
Previous Owner $565,001 New Conventional
Previous Owner $116,000 New Conventional
Previous Owner $314,900 New Conventional
Previous Owner $251,000 No Value Available
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: NWM1270189

Northwest Multiple Listing Service (NWMLS)

APN: 507500-1640