NOT LISTED FOR SALE

18308 45th St E Lake Tapps, WA 98391

Estimated Value: $1,613,194 - $1,843,000

3 Beds
3 Baths
2,859 Sq Ft
$590/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $1,270,000 $444 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $10,167/month

4 Days on Market

Highlights

  • Waterfront Community
  • Docks
  • RV Access or Parking
  • Crestwood Elementary School Rated A-
  • Community Boat Launch
  • Lake View

About This Home

As of July 2020

Unobstructed views of Mt. Rainier & 220+ feet of no bank waterfront. This mid-century modern home features 3 bedrooms, master on the main, plus den/office or possible 4th bedroom on lower level. Lake and mountain views from nearly every room. Entertain in the large rec room with wet bar that leads to the lake. Upper deck & lower patio w/steps leading to lake. Abundant side RV & boat parking along with a huge dock. Fresh paint and a new metal roof. Truly one of the best lots on Lake Tapps!!

Last Agent to Sell the Property

Tracie Hess

John L. Scott, Inc License #8718 Listed on: 06/02/2020

John L. Scott, Inc

Last Buyer's Agent

Shanah Daley

Highest Offer License #27241

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1602349

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,632

Year Built

  • Built in 1969

Lot Details

  • Street terminates at a dead end
  • Level Lot
  • Sprinkler System

Property Views

  • Lake
  • Mountain

Home Design

  • Poured Concrete
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3 Bathrooms
  • 2 Fireplaces
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Docks
  • Deck
  • Patio
  • Outbuilding

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5065201876

Community Details

Overview

  • Lake Tapps Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Boat Launch
  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,632

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Wired For Generator, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Range/Oven
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 1
  • Bathrooms: 2.25
  • Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms Main: 2
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Family Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2859
  • Square Footage Finished: 2859

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Metal
  • View: Lake, Mountain
  • Waterfront: Lake, No Bank
  • Waterfront Frontage: 220+

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air, Ductless Hp-Mini Split
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: City of Bonney Lake
  • Water Heater: Lower Level Laundry-Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 38
  • Community Name: Lake Tapps
  • Community Features: Boat Launch, CCRs, Community Waterfront/Pvt Beach

Schools

  • Elementary School: Crestwood Elem
  • Middle School: Lakeridge Middle
  • High School: Sumner Snr High
  • School District: SUM

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 17640
  • Lot Topography Vegetation: Level
  • Parcel Number: 5065201876
  • Lot Topography: Level

Tax Info

  • Tax Amount: 13183

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2021
Sold by
Daley Lisa and Daley Christian
Bought by
Daley Christian
Total Days on Market
4
Current Estimated Value
$1,686,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Outstanding Balance
$265,383
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$1,430,447

Purchase Details

Closed on
Dec 7, 2020
Sold by
Lake Tapps Properties East Llc
Bought by
Daley Christian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Outstanding Balance
$265,383
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$1,430,447

Purchase Details

Listed on
Jun 2, 2020
Closed on
Jun 30, 2020
Sold by
Rice David H
Bought by
Lake Tapps Properties East Llc
Seller's Agent
Tracie Hess
John L. Scott, Inc
Buyer's Agent
Shanah Daley
Highest Offer
List Price
$1,150,000
Sold Price
$1,270,000
Premium/Discount to List
$120,000
10.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$600,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 20, 2015
Closed on
May 11, 2015
Sold by
Johnson Norman R
Bought by
Rice David H
Seller's Agent
Matt Llewellyn
Renaissance Real Estate LLC
Buyer's Agent
Tracie Hess
John L. Scott, Inc
List Price
$749,990
Sold Price
$760,500
Premium/Discount to List
$10,510
1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.32%
Original Mortgage
$722,475
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2011
Sold by
Johnson Norman Ramey
Bought by
Johnson Norman R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,258
Interest Rate
4.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 6, 2008
Sold by
Wolf Richard F
Bought by
Johnson Norman Ramey and Helen Clark Johnson House Trust

Purchase Details

Closed on
Jun 8, 1994
Sold by
Bateman Jannifer
Bought by
Johnson Norman R and Clark Johnson Helen G
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
Daley Christian -- Stewart Title
Daley Christian -- None Available
Lake Tapps Properties East Llc $1,270,000 First American
Rice David H $760,219 Old Republic Title Ltd
Johnson Norman R $286,500 Talon Group
Johnson Norman Ramey -- None Available
Johnson Norman R -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daley Christian $294,000
Previous Owner Daley Christian $280,000
Previous Owner Lake Tapps Properties East Llc $600,000
Previous Owner Rice David H $52,000
Previous Owner Rice David H $722,475
Previous Owner Johnson Norman R $238,258
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $1,270,000 +10.4% $444 / Sq Ft
06/06/2020 06/06/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $1,150,000 +51.2% $402 / Sq Ft
05/15/2015 05/15/15 Sold $760,500 +1.4% $266 / Sq Ft
03/23/2015 03/23/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $749,990 -- $262 / 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 $14,632 $1,484,100 $852,500 $631,600
2023 $14,632 $1,390,400 $840,300 $550,100
2022 $15,131 $1,454,100 $901,200 $552,900
2021 $13,762 $1,018,300 $657,700 $360,600
2019 $11,886 $943,400 $597,800 $345,600
2018 $12,631 $923,400 $580,700 $342,700
2017 $11,037 $864,700 $540,800 $323,900
2016 -- $644,500 $377,500 $267,000
2014 $4,134 $655,700 $399,200 $256,500
2013 $4,134 $564,700 $326,700 $238,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1602349

Northwest Multiple Listing Service (NWMLS)

APN: 506520-1876