Listed by John L. Scott R.E. Lake Tapps, Bought with VerraTerra
NOT LISTED FOR SALE

18810 51st St E Lake Tapps, WA 98391

Estimated Value: $1,339,000 - $1,638,000

3 Beds
3.5 Baths
3,000 Sq Ft
$492/Sq Ft Est. Value

Last Sold October 14, 2020

Last sale price $1,100,000 $367 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $8,980/month

5 Days on Market

Highlights

  • Waterfront
  • Docks
  • Lake View
  • Emerald Hills Elementary School Rated A-
  • Community Boat Launch
  • Deck

About This Home

As of October 2020

Renovated Lake Tapps waterfront w/sweeping open water views all year~Situated on a quiet cove, stunning sunrises, Cascade Mtn views~New white/grey designer kitchen w/quartz, stainless apps, bamboo floors~Master suite w/private balcony, leg windows to enjoy beautiful lake views, hi-end jetted tub, 96 jet spray shower, WIC~Pro landscape w/entertaining in mind, charming terraces, patios, decks, huge dock w/boat house, cabana, sprinklers, lighting, 4car garage(26x40), 2 yr saltwater hot tub stays~

Last Agent to Sell the Property

Karla Wagner

John L. Scott R.E. Lake Tapps License #48534 Listed on: 09/04/2020

John L. Scott R.E. Lake Tapps

Last Buyer's Agent

James Hsu

VerraTerra License #1675

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1658772

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,834

Year Built

  • Built in 1975

Lot Details

  • 0.28 Acre Lot
  • Open Space
  • Level Lot
  • Sprinkler System
  • Garden

Parking

  • 4 Car Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Composition Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • Multi-Level Property
  • 1 Fireplace
  • Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Bamboo
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Hydromassage or Jetted Bathtub

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Docks
  • Deck
  • Patio
  • Outbuilding

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 5065300310

Community Details

Overview

  • Lake Tapps Subdivision

Recreation

  • Community Boat Launch
  • Waterfront

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,834

Year Built

Built in 1975

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 15 - Multi Level
  • Year Built: 1975
  • Inclusions: Dishwasher,Microwave,RangeOven
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Lake Tapps Lakeridge #3
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 3000
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Bamboo/Cork, Ceramic Tile, Carpet
  • Interior Amenities: Ceramic Tile, Bath Off Primary, Double Pane/Storm Window, Dining Room, Jetted Tub, Security System, Water Heater
  • Living Area: 3000
  • Bathrooms: 3.5
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 3000
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 1
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Microwave,Range/Oven

Exterior Features

  • Roof: Composition, Metal
  • View: Lake, Mountain(s)
  • Lot Features: Open Space
  • View: Yes
  • Waterfront: Yes
  • Exterior Features: Wood
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Open Parking: No
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Security System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electricity Available
  • PowerCompany: PSE
  • WaterCompany: Bonney Lake
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Boat Launch, Community Waterfront/Pvt Beach

Schools

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

Lot Info

  • Parcel Number: 5065300310
  • Topography: Level,Terraces
  • Lot Size Acres: 0.2787
  • Lot Size Sq Ft: 12140
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dock,High Speed Internet,Outbuildings,Patio,Shop,Sprinkler System
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 10834

MLS Schools

  • Elementary School: Crestwood Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Oct 2, 2020
Sold by
Carlin Trevor and Carlin Lori
Bought by
Cho Andrew D and Cho Yunkyung
Seller's Agent
Karla Wagner
John L. Scott R.E. Lake Tapps
Buyer's Agent
James Hsu
VerraTerra
List Price
$999,950
Sold Price
$1,100,000
Premium/Discount to List
$100,050
10.01%
Current Estimated Value
$1,475,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,308
Avg. Annual Appreciation
6.91%
Original Mortgage
$510,400
Outstanding Balance
$456,021
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,075,010

Purchase Details

Listed on
Jul 15, 2014
Closed on
May 15, 2015
Sold by
Kiliz Barbara N and Kiliz Michael J
Bought by
Carlin Trevor and Carlin Lori
Seller's Agent
Toril Schoepfer
Toril Sells Houses Team
Buyer's Agent
Karla Wagner
John L. Scott R.E. Lake Tapps
List Price
$600,000
Sold Price
$600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.86%
Original Mortgage
$480,000
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 1996
Sold by
Kiliz Robert L
Bought by
Kiliz Barbara N and Kiliz Michael J
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
Cho Andrew D $1,100,000 Old Republic Title Ltd
Carlin Trevor $599,719 Ticor
Kiliz Barbara N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cho Andrew D $510,400
Previous Owner Carlin Trevor $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2020 10/14/20 Sold $1,100,000 +10.0% $367 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $999,950 +66.7% $333 / Sq Ft
05/19/2015 05/19/15 Sold $600,000 0.0% $200 / Sq Ft
04/16/2015 04/16/15 Pending -- -- --
02/05/2015 02/05/15 For Sale $600,000 0.0% $200 / Sq Ft
12/01/2014 12/01/14 Pending -- -- --
09/13/2014 09/13/14 Price Changed $600,000 -7.7% $200 / Sq Ft
08/15/2014 08/15/14 Price Changed $650,000 -7.1% $217 / Sq Ft
07/15/2014 07/15/14 For Sale $700,000 -- $233 / 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
2025 $13,912 $1,510,700 $801,700 $709,000
2024 $13,912 $1,421,400 $715,000 $706,400
2023 $13,912 $1,321,200 $704,700 $616,500
2022 $12,973 $1,378,100 $755,800 $622,300
2021 $12,149 $897,600 $551,500 $346,100
2019 $8,617 $773,400 $462,000 $311,400
2018 $9,198 $666,500 $417,700 $248,800
2017 $8,037 $627,100 $389,000 $238,100
2016 -- $467,800 $271,500 $196,300
2014 $6,994 $475,800 $287,100 $188,700
2013 $6,994 $410,000 $234,900 $175,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1658772

Northwest Multiple Listing Service (NWMLS)

APN: 506530-0310