NOT LISTED FOR SALE

18919 59th St E Lake Tapps, WA 98391

Estimated Value: $474,000 - $536,000

3 Beds
2 Baths
1,356 Sq Ft
$372/Sq Ft Est. Value

Last Sold June 29, 2015

Last sale price $157,500 $116 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $3,208/month

35 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • 1 Fireplace
  • Emerald Hills Elementary School Rated A-
  • Wooded Lot
  • Corner Lot

About This Home

As of June 2015

Want to create equity, this home is the best way to do that. Nice size 3 bedroom 2 bathroom rambler on big corner lot with lots of evergreen trees. Home features extra large family room off the kitchen in addition to the dining and living rooms. Lots of parking big front yard and close to community waterfront park on Lake Tapps where owner of the home is a member. If you are looking for a home to fix and flip or to own for yourself this is one you need to check out.

Last Agent to Sell the Property

Jim Clifford

Washington Realty Group License #16818 Listed on: 03/18/2015

Last Buyer's Agent

Brent Roberts

Washington Real Estate License #51168

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM757854

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,639

Year Built

  • Built in 1972

Lot Details

  • Partially Fenced Property
  • Corner Lot
  • Sloped Lot
  • Wooded Lot
  • Garden

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Composite

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • Attached Garage
  • Off-Street Parking
  • RV Access or Parking

Additional Features

  • 1 Fireplace
  • Deck
  • Septic System

Community Details

  • Bonney Lake Community

Listing and Financial Details

  • Assessor Parcel Number 5065501790

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,639

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1972
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dining Room
  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Family Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1356
  • Square Footage Finished: 1356

Exterior Features

  • Exterior: Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached, Off Street
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Sewer Company: septic
  • Water Company: City of Bonney Lake
  • Water Heater: garage
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 21
  • Community Name: Bonney Lake
  • Project: Lake Tapps Lakeridge #5

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: SUM

Lot Info

  • Lot Details: Corner Lot, Paved Street
  • Lot Dimensions: 110 x 85
  • Lot Sq Ft: 9240
  • Lot Topography Vegetation: Garden Space, Sloped, Wooded
  • Parcel Number: 5065501790
  • Zoning Jurisdiction: County
  • Lot Topography: Garden Space, Sloped, Wooded

Tax Info

  • Tax Amount: 2723

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2015
Closed on
May 1, 2015
Sold by
The Bank Of New York Mellon
Bought by
Velazquez Martha
Seller's Agent
Jim Clifford
Washington Realty Group
Buyer's Agent
Brent Roberts
Washington Real Estate
List Price
$161,900
Sold Price
$157,500
Premium/Discount to List
-$4,400
-2.72%
Total Days on Market
35
Current Estimated Value
$504,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,942
Avg. Annual Appreciation
12.66%
Original Mortgage
$146,162
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2014
Sold by
Welsh Thomas Lawrence
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Mar 27, 2002
Sold by
Welsh Karen Ann
Bought by
Welsh Thomas Lawrence

Purchase Details

Closed on
Oct 29, 1998
Sold by
Ogle Thomas D
Bought by
Welsh Thomas L and Welsh Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,800
Interest Rate
6.6%

Purchase Details

Closed on
Jun 29, 1996
Sold by
Ogle Thomas D and Robson Cindy M
Bought by
Ogle Thomas D and Ogle Cindy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
8.03%

Purchase Details

Closed on
Apr 18, 1995
Sold by
Phillips Judith M and Gabbard Judith M
Bought by
Ogle Thomas D and Robson Cindy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,468
Interest Rate
8.77%
Mortgage Type
FHA
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
Velazquez Martha $157,219 Servicelink
The Bank Of New York Mellon $165,750 None Available
Welsh Thomas Lawrence -- --
Welsh Thomas L $135,949 Transnation Title Insurance
Ogle Thomas D -- First American Title Ins Co
Ogle Thomas D $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez Martha $185,000
Previous Owner Velazquez Martha $146,162
Previous Owner Welsh Thomas Lawrence $165,000
Previous Owner Welsh Thomas L $131,800
Previous Owner Ogle Thomas D $20,000
Previous Owner Ogle Thomas D $114,468
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2015 06/29/15 Sold $157,500 -2.7% $116 / Sq Ft
04/23/2015 04/23/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $161,900 -- $119 / 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 $4,639 $462,200 $202,100 $260,100
2023 $4,639 $430,100 $202,100 $228,000
2022 $4,724 $460,900 $211,100 $249,800
2021 $4,540 $328,200 $138,200 $190,000
2019 $3,604 $290,200 $126,300 $163,900
2018 $3,653 $272,500 $115,300 $157,200
2017 $3,155 $243,400 $96,400 $147,000
2016 -- $194,200 $74,900 $119,300
2014 $2,367 $177,500 $61,200 $116,300
2013 $2,367 $157,700 $55,400 $102,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM757854

Northwest Multiple Listing Service (NWMLS)

APN: 506550-1790