NOT LISTED FOR SALE

18206 56th Street Ct E Lake Tapps, WA 98391

4 Beds
4 Baths
2,892 Sq Ft
0.52 Acres

Last Sold July 27, 2017

Last sale price $399,990 $138 Per Sq Ft

40 Days on Market

Highlights

  • Thermal Windows
  • Cul-De-Sac
  • High Speed Internet
  • Crestwood Elementary School Rated A-
  • Patio
  • Property is in very good condition

About This Home

As of July 2017

Very 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 huge den/offices w/ closets. 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. HOA gets both units access to 3 private Lake Tapps parks and boat launches.

Last Agent to Sell the Property

Todd Huizenga

KW Mountains to Sound Realty License #82949 Listed on: 05/08/2017

KW Mountains to Sound Realty

Last Buyer's Agent

Ashkey Clark

eXp Realty License #117654

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1119006

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,140

Year Built

  • Built in 1980

Lot Details

  • 0.52 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Property is in very good condition

HOA Fees

  • $50 Monthly HOA Fees

Home Design

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

Interior Spaces

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

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

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

Utilities

  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Lake Tapps Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0520217132

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,140

Year Built

Built in 1980

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1980
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2892
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None
  • Cumulative Days on Market: 304

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electric
  • PowerCompany: PSE
  • SewerCompany: Private Septic
  • WaterCompany: Bonney Lake
  • WaterSewerGarbage: 840

Condo/Co-op/Association

  • Association Fee: 595
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Sumner
  • High School: Sumner Snr High
  • Middle Or Junior School: Lakeridge Middle

Lot Info

  • Parcel Number: 0520217132
  • Lot Size Acres: 0.52
  • Lot Size Sq Ft: 22651
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 2920

Multi Family

  • Gross Scheduled Income: 35828
  • Net Operating Income: 26000
  • Number Of Units Total: 6
  • Electric Expense: 120
  • Insurance Expense: 1000
  • Leasable Area: 2892
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2017
  • Tax Annual Amount: 4140

MLS Schools

  • Elementary School: Crestwood Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2021
Sold by
Ventura Josephine
Bought by
Ventura Josephine and Josephine Ventura Trust
Total Days on Market
40

Purchase Details

Listed on
May 8, 2017
Closed on
Jul 24, 2017
Sold by
Lake Vineyard Properties Llc
Bought by
Ventura Josephine
Seller's Agent
Todd Huizenga
KW Mountains to Sound Realty
Buyer's Agent
Ashkey Clark
eXp Realty
List Price
$399,990
Sold Price
$399,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,993
Outstanding Balance
$251,777
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2009
Sold by
Aurora Loan Services Llc
Bought by
Lake Vineyard Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2009
Sold by
Anderson David M
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Jan 9, 2006
Sold by
Anderson David M
Bought by
Gladhe8hers Llc

Purchase Details

Closed on
Mar 23, 2005
Sold by
Cedar Ridge Properties
Bought by
Anderson David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,200
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Ventura Josephine -- None Available
Ventura Josephine $399,708 Old Republic Title Ltd
Lake Vineyard Properties Llc $265,000 Lsi Title Agency Inc
Aurora Loan Services Llc $271,021 None Available
Gladhe8hers Llc -- None Available
Anderson David M $314,000 Ticor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ventura Josephine $299,993
Previous Owner Lake Vineyard Properties Llc $115,000
Previous Owner Anderson David M $251,200
Previous Owner Anderson David M $62,800
Closed Anderson David M $62,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2017 07/27/17 Sold $399,990 0.0% $138 / Sq Ft
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)

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 $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

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1119006

Northwest Multiple Listing Service (NWMLS)

APN: 052021-7132