NOT LISTED FOR SALE

18111 S Tapps Dr E Lake Tapps, WA 98391

Estimated Value: $521,000 - $653,252

2 Beds
2 Baths
1,440 Sq Ft
$398/Sq Ft Est. Value

Last Sold June 28, 2022

Last sale price $481,000 $334 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,715/month

20 Days on Market

Highlights

  • Waterfront Community
  • Community Boat Launch
  • Secluded Lot
  • Crestwood Elementary School Rated A-
  • 0.93 Acre Lot
  • 1 Fireplace

About This Home

As of June 2022

Brick walkway to front door welcomes you to this sweet & comfy rambler on nearly an acre. First thing, a spacious carpeted living room & wood-burning fireplace. Separate dining room could which easily double as a working-from-home office & Zoom room, or convert to 3rd bedroom. Sunny country kitchen opens to a friendly gathering area. Spacious primary bedroom with walk-in closet & en suite bath well-fitted for disability access. Large sized second bedroom with hardwood floor. A wonderful covered patio breezeway, great for warm summer gatherings, connects the house to the oversize detached garage. Nice mostly flat property, half cleared, half wooded. Lots of possibilities. Access to 3 private parks, boat launch thru West Tapps HOA.

Last Agent to Sell the Property

Sheryl Workman

Windermere RE/Lake Tapps, Inc License #2265 Listed on: 05/19/2022

Windermere RE/Lake Tapps, Inc

Last Buyer's Agent

Kappie Durr

Redfin License #115257

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1933577

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $5,446

Year Built

  • Built in 1977

Lot Details

  • 0.93 Acre Lot
  • Dirt Road
  • South Facing Home
  • Partially Fenced Property
  • Secluded Lot
  • Property is in good condition

HOA Fees

  • $32 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Dining Room
  • Storm Windows

Kitchen

  • Oven or Range
  • Stove

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Patio

Schools

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

Utilities

  • Heat Pump System
  • Water Heater
  • Septic Tank
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 0520205039

Community Details

Overview

  • Secondary HOA Phone (253) 891-2729
  • Lake Tapps Subdivision

Recreation

  • Community Boat Launch
  • Waterfront Community
  • Park

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$5,446

Year Built

Built in 1977

Lot Details

0

HOA Fees

$32 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1977
  • Inclusions: Dryer,Refrigerator,StoveRange,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1440
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,089

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dryer, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Forced Air, Heat Pump, Wall to Wall Carpet, Laminate Hardwood, Bath Off Primary, Double Pane/Storm Window, Dining Room, Walk-In Closet(s), Water Heater
  • Living Area: 1440
  • Main Level Bedrooms: 2
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1440
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dryer,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • Lot Features: Dirt Road, Secluded
  • View: No
  • Waterfront: No
  • Direction Faces: South
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Septic System, Electricity Available, Common Area Maintenance, See Remarks
  • HeatingCoolingType: Forced Air,Heat Pump
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: City of Bonney Lake
  • WaterHeaterLocation: Utility room
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Boat Launch, Community Waterfront/Pvt Beach, Park
  • Senior Community: No
  • Association Fee: 387
  • Association Fee Frequency: Annually
  • Phone: 253-891-2729
  • Association: Yes

Schools

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

Lot Info

  • Parcel Number: 0520205039
  • Land Lease: No
  • Lot Size Acres: 0.93
  • Lot Size Sq Ft: 40511
  • Zoning Description: Rural 10
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Patio
  • MLSLotSizeSource: Pierce county tax records
  • MLSSquareFootageSource: Pierce county tax records
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5446

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Crestwood Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Jun 20, 2022
Sold by
Margaret Moores
Bought by
Walthrop Tom L and Sanoy Mary J
Seller's Agent
Sheryl Workman
Windermere RE/Lake Tapps, Inc
Buyer's Agent
Kappie Durr
Redfin
List Price
$500,000
Sold Price
$481,000
Premium/Discount to List
-$19,000
-3.8%
Total Days on Market
20
Current Estimated Value
$573,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,313
Avg. Annual Appreciation
6.77%
Original Mortgage
$432,900
Outstanding Balance
$417,177
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$165,541
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
Walthrop Tom L -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walthrop Tom L $432,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2022 06/28/22 Sold $481,000 -3.8% $334 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $500,000 -- $347 / 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 $5,572 $577,800 $302,600 $275,200
2023 $5,572 $519,700 $275,100 $244,600
2022 $5,446 $533,400 $287,200 $246,200
2021 $5,227 $379,600 $188,100 $191,500
2019 $4,576 $364,200 $171,900 $192,300
2018 $4,608 $348,900 $168,700 $180,200
2017 $3,980 $309,500 $141,000 $168,500
2016 $3,387 $246,200 $109,600 $136,600
2014 $3,237 $222,700 $89,600 $133,100
2013 $3,237 $198,100 $81,000 $117,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1933577

Northwest Multiple Listing Service (NWMLS)

APN: 052020-5039