NOT LISTED FOR SALE

18206 25th Street Ct E Lake Tapps, WA 98391

Estimated Value: $560,000 - $1,087,307

0.4 Acre
$2,194,568 Price per Acre
17,424 Sq Ft Lot

Last Sold March 12, 2021

Last sale price $267,000

Est. 229% increase in value since last sale

Current estimated payment $5,539/month

4 Days on Market

Highlights

  • Waterfront Community
  • Community Boat Launch
  • Tennis Courts
  • Lake Tapps Elementary School Rated A-
  • Territorial View

About This Lot

As of March 2021

Can't find your dream home? Why not build your own in the desirable Driftwood Point neighborhood in Lake Tapps~Community parks, waterfront beach, boat launch, tennis courts and much more~.40 level lot with approved septic design~Power and gas in the street~Pix show possible house plan and potential in ground pool~Dieringer schools~Close to restaurants and shopping, YMCA, freeway access, hiking/biking trails and Crystal Mountain~Start now and be in before the holidays!

Last Agent to Sell the Property

Lauri McLeod

John L. Scott R.E. Lake Tapps License #26040 Listed on: 02/02/2021

John L. Scott R.E. Lake Tapps

Last Buyer's Agent

Bart Chmielewski

Teambuilder KW License #134351

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1724228

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,562

Year Built

  • 2021

Lot Details

Additional Features

  • Territorial Views
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 5050201630

Community Details

Overview

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

Recreation

  • Community Boat Launch
  • Waterfront Community
  • Tennis Courts

Property Details

Property Type

Land

Est. Annual Taxes

$7,562

Year Built

2021

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Brush
  • Style: 40 - Res-Less Thn 1 Ac
  • Restrictions: CCAndR, NO Manufactured Homes
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2021

Interior Features

  • Approved Number of Bedrooms: 3

Exterior Features

  • Road Information: County Maintained
  • View: Territorial

Utilities

  • Electricity: In Street
  • Gas Available: In Street
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Not Available
  • Water: Available, In Street

Condo/Co-op/Association

  • Community Name: Driftwood Point
  • Project: Driftwood Point #2
  • Community Features: Boat Launch, CCRs, Community Waterfront/Pvt Beach, Tennis Courts

Schools

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

Lot Info

  • Lot Number: 9
  • General Zoning Classification: Residential
  • Lot Details: Paved Street
  • Lot Dimensions: 99x175x101x186
  • Lot Sq Ft: 17500
  • Parcel Number: 5050201630
  • Zoning Jurisdiction: County

Tax Info

  • Tax Amount: 789

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2021
Closed on
Mar 5, 2021
Sold by
Demarre Ryan A and Demarre Jenifer K
Bought by
Glina Stan and Glina H
Seller's Agent
Lauri McLeod
John L. Scott R.E. Lake Tapps
Buyer's Agent
Bart Chmielewski
Teambuilder KW
List Price
$250,000
Sold Price
$267,000
Premium/Discount to List
$17,000
6.8%
Total Days on Market
4
Current Estimated Value
$877,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$610,827
Avg. Annual Appreciation
32.35%

Purchase Details

Closed on
Oct 31, 2017
Sold by
Wambold William C and Wambold Debbi A
Bought by
Demarre Ryan A and Demarre Jenifer K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,500
Interest Rate
3.83%
Mortgage Type
Seller Take Back
Source: Public Records

Similar Property in Lake Tapps, WA

  • 3101 Deer Island Dr E, Lake Tapps, WA 98391

    $725,000

    • Land
    • 0.39 Acre
    • $1,858,974 per Acre
    • 3101 Deer Island Dr E
    • Lake Tapps, WA

    WATERFRONT LOT on Lake Tapps! 70' of beautiful waterfront with a stunning view of Mt Rainier. Property has a level building site on top and is terraced down to the lake. Existing boat dock is in need of repair or replacement. NO hook up fee for water. Owner previously had a house with a 3BR septic. Was demolished in 2001 with a County permit to build a new home and well....life happened and

    Samantha Bokor Mt. Rainier Realty

    Section Image

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 Buyer Sale Price Title Company
Glina Stan $267,000 Ticor Title
Demarre Ryan A $49,219 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demarre Ryan A $19,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $267,000 +6.8% --
02/06/2021 02/06/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $250,000 -- --
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 $7,562 $790,500 $307,400 $483,100
2023 $7,562 $748,600 $290,500 $458,100
2022 $841 $722,600 $290,500 $432,100
2021 $862 $63,800 $63,800 $0
2019 $665 $57,000 $57,000 $0
2018 $569 $49,900 $49,900 $0
2017 $492 $34,800 $34,800 $0
2016 $434 $27,600 $27,600 $0
2014 $649 $25,900 $25,900 $0
2013 $649 $25,200 $25,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1724228

Northwest Multiple Listing Service (NWMLS)

APN: 505020-1630