NOT LISTED FOR SALE

1804 Channel Rd E Lake Tapps, WA 98391

Estimated Value: $1,169,000 - $1,455,000

5 Beds
1 Bath
2,755 Sq Ft
$475/Sq Ft Est. Value

Last Sold January 04, 2016

Last sale price $580,000 $211 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $8,396/month

161 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Lake View
  • Lake Tapps Elementary School Rated A-
  • RV Access or Parking
  • Deck

About This Home

As of January 2016

Must see 2 home 1 lot! located on one of the largest most sought after coves with a southwestern exposure on Lake Tapps. Extensive docks and decking to sun bathe and entertain. Lots of space for your favorite lawn games. Fire place pit to warm up after skiing. Beautiful views of Mount Rainier. Potential rental income with an oversized MIL Apartment featuring 2 beds 1 bath, above the oversized 4 car garage. Property is fully fenced and gated with beautiful water features and paved driveway.

Last Agent to Sell the Property

John Hooker

Pellego, Inc. License #26953 Listed on: 05/12/2015

Pellego, Inc.

Co-Listed By

Dawn Heilbrun

John L. Scott Orting License #23525

Last Buyer's Agent

Rhonda Benedict

Realty ONE Group Orca Gold License #320584

Realty ONE Group Orca Gold

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM785902

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,971

Year Built

  • Built in 1960

Lot Details

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

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Lake Views
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • Detached Garage
  • RV Access or Parking

Outdoor Features

  • Bulkhead
  • Docks
  • Deck
  • Outbuilding

Utilities

  • Septic System
  • High Speed Internet

Community Details

  • Lake Tapps Community

Listing and Financial Details

  • Assessor Parcel Number 5075001920

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,971

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Additional Dwelling, Built On Lot
  • Entrance Level: Main
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Disabled Access, French Doors, High Tech Cabling, Skylights, Vaulted Ceilings
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 5
  • Bedrooms: 5.00
  • Main Floor Bedrooms: 4
  • Lower Level Bedroom: 1
  • Bathrooms: 2.75
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Three Quarter Bathrooms Main: 1
  • Fireplaces: 1
  • Basement: Daylight, Fully Finished
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1443
  • Square Footage Finished: 2755

Exterior Features

  • Exterior: Wood, Wood Products
  • Foundation: Slab
  • Roof: Composition
  • View: Lake
  • Waterfront: Bank-Low, Bulkhead, Lake
  • Waterfront Frontage: 70

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Parking: 6

Utilities

  • Heating And Cooling: Stove/Free Standing, Wall
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 5
  • Sewer: Septic
  • Water Company: Bonney Lake
  • Water Heater: Attic-Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Lake Tapps
  • Project: Lake Tapps/Tacoma Point

Schools

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

Lot Info

  • Lot Number: 30
  • Lot Details: Dead End Street, Paved Street
  • Lot Dimensions: 70x314
  • Lot Sq Ft: 21770
  • Lot Topography Vegetation: Garden Space, Level, Partial Slope
  • Parcel Number: 5075001920
  • Lot Topography: Garden Space, Level, Partial Slope

Tax Info

  • Tax Amount: 7311

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2015
Closed on
Dec 1, 2015
Sold by
Hooker Shannon
Bought by
Job Jeffrey and Benedict Rhonda
Seller's Agent
John Hooker
Pellego, Inc.
Buyer's Agent
Rhonda Benedict
Realty ONE Group Orca Gold
List Price
$585,000
Sold Price
$580,000
Premium/Discount to List
-$5,000
-0.85%
Total Days on Market
161
Current Estimated Value
$1,308,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$728,120
Avg. Annual Appreciation
8.05%
Original Mortgage
$305,000
Outstanding Balance
$247,385
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$957,460

Purchase Details

Closed on
May 30, 2014
Sold by
Hooker Ernie
Bought by
Hooker Shannon

Purchase Details

Closed on
Dec 28, 1995
Sold by
The Walter W Klinge Living Trust
Bought by
Hooker Ernie Bryan and Hooker Shannon Dee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
8.75%

Purchase Details

Closed on
Oct 6, 1995
Sold by
The Walter W Klinge Living Trust
Bought by
Hooker Ernie B and Hooker Shannon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8%
Source: Public Records

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Range of Values:

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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
Job Jeffrey $579,719 Wfg National Title Company
Hooker Shannon -- None Available
Hooker Ernie Bryan -- Transamerica Title Ins Compa
Hooker Ernie B $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Job Jeffrey $305,000
Previous Owner Hooker Ernie Bryan $153,750
Previous Owner Hooker Ernie B $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2016 01/04/16 Sold $580,000 -0.9% $211 / Sq Ft
10/24/2015 10/24/15 Pending -- -- --
10/23/2015 10/23/15 For Sale $585,000 0.0% $212 / Sq Ft
10/09/2015 10/09/15 Pending -- -- --
09/25/2015 09/25/15 Price Changed $585,000 0.0% $212 / Sq Ft
09/25/2015 09/25/15 For Sale $585,000 -2.5% $212 / Sq Ft
09/19/2015 09/19/15 Pending -- -- --
09/01/2015 09/01/15 Price Changed $599,995 -6.2% $218 / Sq Ft
08/20/2015 08/20/15 Price Changed $639,950 -8.6% $232 / Sq Ft
07/29/2015 07/29/15 Price Changed $699,999 -5.4% $254 / Sq Ft
07/08/2015 07/08/15 Price Changed $739,950 -2.6% $269 / Sq Ft
06/19/2015 06/19/15 Price Changed $759,950 -1.3% $276 / Sq Ft
06/05/2015 06/05/15 Price Changed $769,950 -3.6% $279 / Sq Ft
05/15/2015 05/15/15 For Sale $799,000 -- $290 / 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
2024 $12,971 $1,290,600 $792,800 $497,800
2023 $12,971 $1,294,400 $836,200 $458,200
2022 $10,483 $1,183,700 $771,000 $412,700
2021 $10,889 $826,300 $548,400 $277,900
2019 $9,927 $768,200 $506,100 $262,100
2018 $11,125 $772,400 $506,100 $266,300
2017 $9,561 $712,100 $466,300 $245,800
2016 $7,312 $511,300 $322,100 $189,200
2014 $6,331 $456,800 $291,400 $165,400
2013 $6,331 $414,100 $257,700 $156,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM785902

Northwest Multiple Listing Service (NWMLS)

APN: 507500-1920