Listed by PRO RLTYSRVCS Eastside, Bought with RE/MAX Extra Inc.
$4,500,000
SOLD MAY 16, 2025

20706 Snag Island Dr E Lake Tapps, WA 98391

7 Beds
10.5 Baths
11,060 Sq Ft
2 Acres

Recently Sold

$407 Per Sq Ft

Highlights

  • Boathouse
  • 285 Feet of Waterfront
  • Community Boat Launch
  • Dieringer Heights Elementary School Rated A-
  • Docks
  • Spa

About This Home

As of May 2025

Discover luxury at this stunning waterfront estate on Lake Tapps in the exclusive Snag Island community. Nestled on a gated peninsula with breathtaking lake views, it blends elegance and tranquility. Enjoy expansive living spaces, a gourmet kitchen, home theater, office with library, and premium finishes—perfect for entertaining or relaxation. Features a huge RV garage, 7+ car parking, Big Detached ADU, hot tub, waterfall, and pond. With 285’ of private lake frontage, three docks, a private boat launch, and a thrilling water slide, it’s an adventurer’s dream. Surrounded by lush grounds and close to amenities, this is Lake Tapps living at its finest—your dream home awaits!

Last Agent to Sell the Property

Derick Wagner

PRO RLTYSRVCS Eastside License #79927 Listed on: 04/16/2025

PRO RLTYSRVCS Eastside

Last Buyer's Agent

Don Goethals

RE/MAX Extra Inc. License #5573

RE/MAX Extra Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2361122

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,794

Year Built

  • Built in 1997

Lot Details

  • 2 Acre Lot
  • 285 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • West Facing Home
  • Gated Home
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Wooded Lot
  • Garden
  • Property is in very good condition

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 10 Car Garage
  • Driveway
  • RV Access or Parking

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Tile Roof
  • Cement Board or Planked
  • Stucco

Interior Spaces

  • 11,060 Sq Ft Home
  • Multi-Level Property
  • 5 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Lake Views
  • Finished Basement

Kitchen

  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Boathouse
  • Docks
  • Deck
  • Outbuilding

Additional Homes

  • ADU includes 3 Bedrooms and 3 Bathrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0520225015

Community Details

Overview

  • Secondary HOA Phone (253) 370-8276
  • Snag Island Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Boat Launch

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,794

Year Built

Built in 1997

Lot Details

0

HOA Fees

$83 per month

Parking

10

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 15 - Multi Level
  • Year Built: 1997
  • Inclusions: Dishwasher(s),Double Oven,Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Trash Compactor,Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 11060
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 5
  • Basement: Finished
  • Private Spa: Yes
  • Appliances: Dishwasher(s), Disposal, Double Oven, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Trash Compactor, Washer(s)
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 7
  • Total Bedrooms: 7
  • Entry Location: Main
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Ceramic Tile, Fireplace, Water Heater
  • Living Area: 11060
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Bathrooms: 10
  • BathsFullMain: 2
  • FireplacesMain: 4
  • SquareFootageFinished: 11060
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 6
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 5
  • AppliancesIncluded: Dishwasher(s),Double Oven,Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Trash Compactor,Washer(s)
  • FireplacesLower: 1
  • ADUBaths: 3
  • ADUBeds: 3
  • NWM_NumberOfBathtubs: 8
  • NWM_NumberOfShowers: 11

Exterior Features

  • Roof: Tile
  • View: Lake
  • Lot Features: Dead End Street, Secluded
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Brick, Cement Plank, Stucco
  • Direction Faces: West
  • Exterior Features: Brick, Cement Planked, Stucco
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: false
  • ConstructionMethods: Strawbale
  • WaterfrontFootage: 285

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 10
  • Garage Spaces: 10
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Detached Garage, RV Parking
  • Total Parking Spaces: 10

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Security: Security Gate
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Well
  • WaterHeaterLocation: Basement
  • WaterHeaterType: 2 Tanks
  • CableConnected: Comcast

Condo/Co-op/Association

  • Community Features: Boat Launch, CCRs, Gated
  • Senior Community: No
  • Association Fee: 1000
  • Association Fee Frequency: Annually
  • Phone: 253-370-8276
  • Association: Yes

Schools

  • Junior High Dist: Sumner-Bonney Lake
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 0520225015
  • Topography: Level,Partial Slope
  • Land Lease: No
  • Lot Size Acres: 1.9995
  • Lot Size Sq Ft: 87098
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Boat House,Cable TV,Deck,Dock,Gas Available,Gated Entry,High Speed Internet,Hot Tub/Spa,Irrigation,Outbuildings,RV Parking,Shop,Sprinkler System
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2025
  • Tax Annual Amount: 42794

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2025
Closed on
Apr 25, 2025
Sold by
Michel Marlon and Michel Heidi Sue
Bought by
Stretch Lance and Stretch Michael
Seller's Agent
Derick Wagner
PRO RLTYSRVCS Eastside
Buyer's Agent
Don Goethals
RE/MAX Extra Inc.
List Price
$4,500,000
Sold Price
$4,500,000
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-37.42%
Original Mortgage
$2,700,000
Outstanding Balance
$2,694,349
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$1,383,821

Purchase Details

Listed on
Mar 31, 2016
Closed on
Aug 1, 2016
Sold by
Johnson Carl K and Johnson Rebecca R
Bought by
Michel Marlon
Seller's Agent
Roger Bintner
Windermere RE West Campus Inc
Buyer's Agent
Lisa Serratos-McGregor
Timber Real Estate
List Price
$2,600,000
Sold Price
$2,250,000
Premium/Discount to List
-$350,000
-13.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.29%
Original Mortgage
$1,800,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 5, 2016
Sold by
Michel Heidi Sue and Michel Marlon
Bought by
Michel Marlon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 9, 2008
Sold by
Johnson Carl K and Johnson Rebecca R
Bought by
Johnson Carl K and Johnson Rebecca R

Purchase Details

Closed on
Jun 17, 2005
Sold by
Terhune Bryan C
Bought by
Johnson Carl K and Johnson Rebecca R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.87%
Mortgage Type
Assumption

Purchase Details

Closed on
Dec 14, 1994
Sold by
Fehr Timothy D
Bought by
Terhune Bryan C and Terhune Patricia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
9.1%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $4,500,000 Chicago Title
Warranty Deed $2,249,719 Fidelity Natl Title Co Of Wa
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- None Available
Warranty Deed $2,500,000 Chicago Title Insurance Co
Warranty Deed $260,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,700,000 New Conventional
Previous Owner $500,000 Future Advance Clause Open End Mortgage
Previous Owner $1,800,000 Adjustable Rate Mortgage/ARM
Previous Owner $440,000 Unknown
Previous Owner $84,162 Unknown
Previous Owner $1,500,000 Assumption
Previous Owner $450,000 Unknown
Previous Owner $566,378 Unknown
Previous Owner $1,400,000 Unknown
Previous Owner $130,000 Seller Take Back
Closed $250,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Sold $4,500,000 0.0% $407 / Sq Ft
04/16/2025 04/16/25 Pending -- -- --
04/16/2025 04/16/25 For Sale $4,500,000 +100.0% $407 / Sq Ft
09/06/2016 09/06/16 Sold $2,250,000 -13.5% $203 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $2,600,000 -- $235 / 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 $34,372 $4,317,300 $1,474,400 $2,842,900
2024 $34,372 $4,128,500 $1,423,300 $2,705,200
2023 $34,372 $3,446,100 $1,375,400 $2,070,700
2022 $36,467 $3,926,000 $1,343,400 $2,582,600
2021 $34,002 $2,598,200 $887,600 $1,710,600
2019 $30,039 $2,537,200 $843,900 $1,693,300
2018 $32,932 $2,349,200 $767,700 $1,581,500
2017 $26,122 $2,116,900 $644,700 $1,472,200
2016 $23,861 $1,543,600 $486,400 $1,057,200
2014 $24,845 $1,500,300 $468,900 $1,031,400
2013 $24,845 $1,435,700 $457,100 $978,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2361122

Northwest Multiple Listing Service (NWMLS)

APN: 052022-5015