Listed by PPS Homes
$725,000
PENDING

18206 56th Street Ct E Lake Tapps, WA 98391

Estimated payment $4,511/month

Total Views 60
4 Beds
6 Baths
2,892 Sq Ft
$251 Price per Sq Ft

Highlights

  • Engineered Wood Flooring
  • No HOA
  • Forced Air Heating System
  • Crestwood Elementary School Rated A-
  • Patio
  • High Speed Internet

About This Home

Well cared for duplex w/ fantastic rental history or a great owner occupant. 1,446 sq ft per side, 2 bedrooms and 1.75 baths plus eash unit has a huge den/office w/ closet. Open & vaulted living rooms w/sliding glass doors to the private back yards & propane fireplace inserts. Vinyl windows, Hardie plank siding & newer roof . Durable hard surface flooring & newer carpet. Water, Septic & Landscaping are included in lease amounts. Both units get access to 3 private Lake Tapps parks and boat launches. Recent appraisal (10/2025) at list price.

Listing Agent

Dean Brinton

PPS Homes License #25351 Listed on: 11/14/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2455054

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,366

Year Built

  • Built in 1980

Lot Details

  • 0.52 Acre Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,892 Sq Ft Home
  • 2-Story Property

Flooring

  • Engineered Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating System
  • High Efficiency Heating System
  • Propane
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bonney Lake Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 0520217132

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,366

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1980
  • MLS Status: Pending
  • Prev Status: Pending
  • New Construction: No
  • CalculatedSquareFootage: 2892
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Engineered Hardwood, Vinyl, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Construction Type: Cement Plank
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame
  • WaterAccess: Community Waterfront/Pvt Beach,Deeded Access

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, High Efficiency (Unspecified)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Private Septic
  • WaterCompany: Bonney Lake
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 0520217132
  • Lot Size Acres: 0.52
  • Lot Size: Irregular
  • Lot Size Sq Ft: 22651
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Pierce County Records
  • ZoningJurisdiction: City
  • LotNumber: 3

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • GrossRentMultiplier: 13.53
  • LeasedItems: None
  • TotalMonthlyIncome: 4465

Tax Info

  • Year: 2025
  • Tax Annual Amount: 8366

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Electric,Propane
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Crestwood Elem

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $6,505 $767,500 $268,400 $499,100
2024 $6,505 $706,600 $213,600 $493,000
2023 $6,505 $605,200 $189,500 $415,700
2022 $6,431 $585,400 $208,100 $377,300
2021 $6,331 $459,100 $146,000 $313,100
2019 $5,074 $453,100 $125,800 $327,300
2018 $5,142 $385,100 $106,700 $278,400
2017 $4,140 $343,900 $88,900 $255,000
2016 $3,574 $279,000 $64,700 $214,300
2014 $1,631 $233,300 $55,500 $177,800
2013 $1,631 $209,200 $52,600 $156,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2025 11/15/25 Pending -- -- --
11/14/2025 11/14/25 For Sale $725,000 +81.3% $251 / Sq Ft
07/27/2017 07/27/17 Sold $399,990 0.0% $138 / Sq Ft View Prior Sale
06/18/2017 06/18/17 Pending -- -- --
06/09/2017 06/09/17 For Sale $399,990 0.0% $138 / Sq Ft
06/03/2017 06/03/17 Pending -- -- --
05/31/2017 05/31/17 Price Changed $399,990 -7.0% $138 / Sq Ft
05/08/2017 05/08/17 For Sale $429,990 -- $149 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $399,708 Old Republic Title Ltd
Warranty Deed $265,000 Lsi Title Agency Inc
Trustee Deed $271,021 None Available
Quit Claim Deed -- None Available
Warranty Deed $314,000 Ticor
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $299,993 New Conventional
Previous Owner $115,000 Purchase Money Mortgage
Previous Owner $251,200 Purchase Money Mortgage
Closed $62,800 No Value Available
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2455054

Northwest Multiple Listing Service (NWMLS)

APN: 052021-7132