Listed by 5 Corners Realty LLC, Bought with Renaissance Real Estate LLC
NOT LISTED FOR SALE

1904 186th Ave E Lake Tapps, WA 98391

Estimated Value: $1,934,000 - $2,260,000

5 Beds
1 Bath
5,499 Sq Ft
$391/Sq Ft Est. Value

Last Sold July 27, 2016

Last sale price $940,000 $171 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $12,925/month

42 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Waterfront Community
  • Golf Course Community
  • Dieringer Heights Elementary School Rated A-
  • Docks
  • Community Boat Launch

About This Home

As of July 2016

Impressive 5 bedroom 4 bath on Lake Tapps. This home has a private dock complete with extra moorage. Home features hardwood floors,granite counter tops,and 2 fireplaces. Formal living room, family room and rec room downstairs for all your entertaining needs. Covered hot tub with TV. Five piece master bath with fireplace and view of lake. Home features 2 forced air heating systems both equipped with central air. Home has 2 car oversized garage and additional parking for boats and RV's.

Last Agent to Sell the Property

Wei Yang

5 Corners Realty LLC License #26672 Listed on: 04/14/2016

5 Corners Realty LLC

Last Buyer's Agent

Janelle Moore

Renaissance Real Estate LLC License #116235

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM925238

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,406

Year Built

  • Built in 2001

Lot Details

  • Low Bank Waterfront Property
  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot
  • Sloped Lot

Property Views

  • Lake
  • Canal

Home Design

  • Northwest Architecture
  • Slab Foundation
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Docks
  • Deck
  • Patio

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5075001050

Community Details

Recreation

  • Community Boat Launch
  • Waterfront Community
  • Golf Course Community
  • Tennis Courts
  • Community Pool

Additional Features

  • Lake Tapps Community
  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,406

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Built-In Vacuum, Ceiling Fan(s), Dining Room, Fireplace In Mstr Br, French Doors, High Tech Cabling, Security System, Vaulted Ceilings, Walk In Pantry
  • Floor Covering: Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 5
  • Bedrooms: 5.00
  • Bathrooms: 3.75
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Basement: Daylight, Fully Finished
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 5499
  • Square Footage Finished: 5499

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Cement Planked
  • Foundation: Slab
  • Roof: Composition
  • View: Canal, Lake
  • Waterfront: Bank-Low
  • Waterfront Frontage: Lakefront (70)
  • Pool: Community

Garage/Parking

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

Utilities

  • Heating And Cooling: 90%+ High Efficiency
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 5
  • Sewer: Septic
  • Water Company: Bonney Lake
  • Water Heater: Tank basement-Natural gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Lake Tapps
  • Project: Tacoma Point
  • Community Features: Boat Launch, Clubhouse, Golf Course, Community Waterfront/Pvt Beach, Tennis Courts

Schools

  • Elementary School: Lake Tapps Elem
  • Middle School: North Tapps Mid
  • High School: Out of District
  • School District: DGR

Lot Info

  • Lot Details: Dead End Street, Paved Street, Secluded
  • Lot Sq Ft: 20766
  • Lot Topography Vegetation: Sloped
  • Parcel Number: 5075001050
  • Zoning Code: Residental
  • Zoning Jurisdiction: County
  • Lot Topography: Sloped

Rental Info

  • Monthly Rentif Rented: 5010

Tax Info

  • Tax Amount: 12517

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2016
Closed on
Jul 19, 2016
Sold by
New Asia Enterprises Llc
Bought by
Mcghee Richard T and Mcghee Keri A
Seller's Agent
Wei Yang
5 Corners Realty LLC
Buyer's Agent
Janelle Moore
Renaissance Real Estate LLC
List Price
$949,950
Sold Price
$940,000
Premium/Discount to List
-$9,950
-1.05%
Current Estimated Value
$2,148,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,208,484
Avg. Annual Appreciation
9.67%
Original Mortgage
$670,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2016
Sold by
Veristone Fund I Llc
Bought by
New Asia Enterprises Llc

Purchase Details

Closed on
Jan 15, 2016
Sold by
Bishop Dennis and Bishop Deborah A
Bought by
New Asia Enterprises Llc and Veristone Fund I Llc

Purchase Details

Closed on
Oct 19, 2005
Sold by
Mast James D and Mast Katherine L
Bought by
Bishop Dennis and Bishop Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 24, 2000
Sold by
Maxwell Lilly A
Bought by
Mast James D and Mast Katherine L
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
Mcghee Richard T $944,719 Fidelity National Title Co
New Asia Enterprises Llc -- Accommodation
New Asia Enterprises Llc $747,000 Accommodation
Bishop Dennis $1,100,000 Stewart Title
Mast James D $175,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcghee Richard T $670,000
Previous Owner Bishop Dennis $880,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2016 07/27/16 Sold $940,000 -1.0% $171 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $949,950 0.0% $173 / Sq Ft
05/06/2016 05/06/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $949,950 -- $173 / 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 $18,406 $2,054,900 $646,500 $1,408,400
2024 $18,406 $1,912,900 $670,500 $1,242,400
2023 $18,406 $1,844,400 $707,200 $1,137,200
2022 $14,758 $1,674,900 $652,100 $1,022,800
2021 $14,925 $1,137,400 $463,800 $673,600
2019 $13,837 $1,085,300 $449,700 $635,600
2018 $15,454 $1,080,900 $449,700 $631,200
2017 $13,379 $992,600 $414,300 $578,300
2016 $11,402 $811,700 $286,200 $525,500
2014 $9,749 $716,400 $258,900 $457,500
2013 $9,749 $657,700 $228,900 $428,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM925238

Northwest Multiple Listing Service (NWMLS)

APN: 507500-1050