NOT LISTED FOR SALE

2024 Channel Rd E Lake Tapps, WA 98391

Estimated Value: $1,462,000 - $1,784,000

4 Beds
1 Bath
3,525 Sq Ft
$467/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $1,275,000 $362 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $9,997/month

Highlights

  • Docks
  • Spa
  • Fruit Trees
  • Dieringer Heights Elementary School Rated A-
  • Lake View
  • Deck

About This Home

As of November 2020

70'NO BANK WATERFRONT make EVERYDAY a VACATION & NEVER leave HOME!Enter into rustic living within an original log cabin w/stone gas FP.Follow extensive hardwoods to an open concept luxury kitchen,dining,family rm w/pellet stove,billiards rm,& all w/exceptional lake & moutain views.3 BDs/2 BAs& Laundry rm complete main floor.Mstr Ste w/gas FP,deck & travertine tiled spa BA.Private 3rd story exterior entrance to a personal home office.Covered deck,SPA,private swimming,boat lift complete the home.

Last Agent to Sell the Property

Cynthia Donahoe

Real Broker LLC License #76047 Listed on: 09/28/2020

Real Broker LLC

Last Buyer's Agent

Tisha Forsythe

Keller Williams Rty Tacoma License #136342

Keller Williams Rty Tacoma

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1669676

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,176

Year Built

  • Built in 1900

Lot Details

  • Street terminates at a dead end
  • Dog Run
  • Level Lot
  • Fruit Trees
  • Garden

Parking

  • Detached Garage

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 1 Bathroom
  • 3 Fireplaces

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Outdoor Features

  • Spa
  • Docks
  • Deck
  • Patio
  • Outbuilding

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Tacoma Pt./Evergreen Pt. Community

Listing and Financial Details

  • Assessor Parcel Number 5075001810

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,176

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 15 - Multi Level
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, High Tech Cabling, Hot Tub/Spa, Jetted Tub, Security System, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 3.25
  • Bathrooms Main: Main
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Upper
  • Fireplaces: 3
  • Fireplaces Main: 2
  • Den or Office: Upper
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3525
  • Square Footage Finished: 3525

Exterior Features

  • Exterior: Brick, Cement/Concrete, Stone, Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake, Mountain, Territorial
  • Waterfront: Lake, No Bank
  • Waterfront Frontage: 70’

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Tankless Water Heater
  • Sewer: Septic
  • Water Heater: Utility Room-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Tacoma Pt./Evergreen Pt.
  • Project: Lake Tapps Tacoma Point

Schools

  • School District: DGR

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Dimensions: 70'x123'
  • Lot Sq Ft: 8641
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level
  • Parcel Number: 5075001810
  • Zoning Jurisdiction: City
  • Lot Topography: Fruit Trees, Garden Space, Level

Tax Info

  • Tax Amount: 10761

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2020
Closed on
Oct 27, 2020
Sold by
Olson Robert M and Olson Cathy
Bought by
Espelien Joel
Seller's Agent
Cynthia Donahoe
Real Broker LLC
Buyer's Agent
Tisha Forsythe
Keller Williams Rty Tacoma
List Price
$1,175,000
Sold Price
$1,275,000
Premium/Discount to List
$100,000
8.51%
Current Estimated Value
$1,647,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,108
Avg. Annual Appreciation
5.04%

Purchase Details

Listed on
Jun 30, 2016
Closed on
Dec 2, 2016
Sold by
Helm Wesley A and Helm Candace S
Bought by
Olson Robert M and Olson Cathy L
Seller's Agent
Candy Helm
Better Properties Soundview
Buyer's Agent
Cynthia Donahoe
Real Broker LLC
List Price
$850,000
Sold Price
$785,000
Premium/Discount to List
-$65,000
-7.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.06%
Original Mortgage
$588,750
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 1999
Sold by
Wilke Herbert A
Bought by
Helm Wesley A and Helm Candace S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,950
Interest Rate
7.12%

Purchase Details

Closed on
Jul 7, 1997
Sold by
Wilke Family Ltd Partnership
Bought by
Wilke Herbert A

Purchase Details

Closed on
Oct 30, 1996
Sold by
Wilke Herbert A
Bought by
Wilke Family Ltd Partnership
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Espelien Joel $1,275,000 Wfg National Title Insurance
Olson Robert M $784,719 Wfg Natl Title Co Of Wa Llc
Helm Wesley A $219,950 Chicago Title
Wilke Herbert A -- Chicago Title Insurance Co
Wilke Family Ltd Partnership -- Safeco Title Insurance Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olson Robert M $588,750
Previous Owner Helm Wesley A $197,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $1,275,000 +8.5% $362 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
09/28/2020 09/28/20 For Sale $1,175,000 +49.7% $333 / Sq Ft
12/05/2016 12/05/16 Sold $785,000 -1.9% $223 / Sq Ft
10/09/2016 10/09/16 Pending -- -- --
09/21/2016 09/21/16 Price Changed $800,000 -2.4% $227 / Sq Ft
08/09/2016 08/09/16 Price Changed $820,000 -1.8% $233 / Sq Ft
07/22/2016 07/22/16 Price Changed $835,000 -1.8% $237 / Sq Ft
06/30/2016 06/30/16 For Sale $850,000 -- $241 / 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 $15,176 $1,603,200 $709,400 $893,800
2024 $15,176 $1,542,000 $719,500 $822,500
2023 $15,176 $1,517,500 $758,900 $758,600
2022 $12,221 $1,383,600 $699,700 $683,900
2021 $12,517 $951,800 $497,700 $454,100
2019 $10,237 $800,400 $393,800 $406,600
2018 $11,493 $796,900 $393,800 $403,100
2017 $8,771 $735,900 $362,800 $373,100
2016 $7,304 $511,400 $250,600 $260,800
2014 $6,643 $456,300 $226,800 $229,500
2013 $6,643 $413,500 $200,500 $213,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1669676

Northwest Multiple Listing Service (NWMLS)

APN: 507500-1810