NOT LISTED FOR SALE

20709 Snag Island Dr E Lake Tapps, WA 98391

Estimated Value: $2,568,000 - $3,119,000

3 Beds
1 Bath
3,934 Sq Ft
$715/Sq Ft Est. Value

Last Sold July 26, 2012

Last sale price $1,050,000 $267 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $16,804/month

6 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • RV Access or Parking
  • Dieringer Heights Elementary School Rated A-
  • Community Boat Launch
  • Lake View

About This Home

As of July 2012

Gorgeous Snag Island Waterfront Home has it all...quality of construction, spectacular Mt Rainier view, & OPEN WATERFRONT! Main floor master suite & fantastic lake views from most rooms! Gourmet kitchen w/slab granite counters, gas stove, double ovens, Butler's pantry. Open concept w/soaring ceilings! Unfinished 1234 sq ft ADU w/approved 2 bedroom septic (5 total), 7 garages, automatic generator, sprinklers, AC, RV pkg. Relax on deck/covered patio while listening to waterfall! Dieringer Schools!

Last Agent to Sell the Property

Sandi Wien

Gillis Real Estate LLC License #84177 Listed on: 05/08/2012

Last Buyer's Agent

Karla Wagner

John L. Scott R.E. Lake Tapps License #48534

John L. Scott R.E. Lake Tapps

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM353741

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,747

Year Built

  • Built in 2000

Lot Details

  • Low Bank Waterfront Property
  • Gated Home
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Wooded Lot

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Northwest Architecture
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

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

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • RV Access or Parking

Outdoor Features

  • Docks
  • Deck
  • Patio
  • Outbuilding

Utilities

  • Well
  • Septic System
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 0520225011

Community Details

Overview

  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Boat Launch

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,747

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 1 Story W/Bsmnt.
  • Architecture: Nw Contemporary
  • Building Information: Additional Dwelling, Built On Lot
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Wired For Generator, Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, French Doors, High Tech Cabling, Jetted Tub, Security System, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Approved Number of Bedrooms: 5
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 2
  • Bathrooms: 2.25
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Fireplaces: 2
  • Basement: Daylight, Fully Finished, Partially Finished
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4958
  • Square Footage Finished: 3934
  • Square Footage Unfinished: 1024

Exterior Features

  • Exterior: Cement Planked
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake, Mountain, Territorial
  • Waterfront: Bank-Low, Lake, No Bank
  • Waterfront Frontage: 295

Garage/Parking

  • Parking Type: Garage-Attached, Garage-Detached
  • Total Covered Parking: 7

Utilities

  • Heating And Cooling: Central A/C, Forced Air
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 5
  • Sewer: Septic
  • Water Heater: Equipment Room-Gas
  • Water Source: Individual Well

Condo/Co-op/Association

  • HOA Fees: 90
  • Community Features: Boat Launch, CCRs

Schools

  • Elementary School: Lake Tapps Elem
  • Middle School: North Tapps Mid
  • High School: Buyer To Verify
  • School District: DGR

Lot Info

  • Lot Details: Paved Street, Secluded
  • Lot Dimensions: ~487 X 295 X 453 X 295
  • Lot Sq Ft: 106722
  • Lot Topography Vegetation: Level, Partial Slope, Terraces, Wooded
  • Parcel Number: 0520225011
  • Zoning Jurisdiction: County
  • Lot Topography: Level, Partial Slope, Terraces, Wooded

Tax Info

  • Tax Amount: 14110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2012
Closed on
Jul 11, 2012
Sold by
Geros James Melvin and Geros Janet Ann
Bought by
Lear George Andrew and Hill Jennifer
Seller's Agent
Sandi Wien
Gillis Real Estate LLC
Buyer's Agent
Karla Wagner
John L. Scott R.E. Lake Tapps
List Price
$1,050,000
Sold Price
$1,050,000
Current Estimated Value
$2,811,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,761,908
Avg. Annual Appreciation
7.74%
Original Mortgage
$700,000
Outstanding Balance
$482,742
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$2,329,166
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
Lear George Andrew $1,050,000 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lear George Andrew $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2012 07/26/12 Sold $1,050,000 0.0% $267 / Sq Ft
05/14/2012 05/14/12 Pending -- -- --
05/08/2012 05/08/12 For Sale $1,050,000 -- $267 / 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 $22,747 $2,540,300 $1,504,200 $1,036,100
2024 $22,747 $2,459,100 $1,462,700 $996,400
2023 $22,747 $2,285,100 $1,413,400 $871,700
2022 $21,566 $2,335,700 $1,380,500 $955,200
2021 $20,329 $1,555,200 $912,100 $643,100
2019 $18,026 $1,530,000 $897,800 $632,200
2018 $19,197 $1,411,400 $816,700 $594,700
2017 $17,501 $1,235,100 $685,800 $549,300
2016 $15,350 $997,500 $517,500 $480,000
2014 $16,102 $967,000 $498,800 $468,200
2013 $16,102 $926,900 $486,300 $440,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM353741

Northwest Multiple Listing Service (NWMLS)

APN: 052022-5011