NOT LISTED FOR SALE

21028 Snag Island Dr E Lake Tapps, WA 98391

Estimated Value: $4,705,000 - $7,230,251

5 Beds
1 Bath
10,887 Sq Ft
$494/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $4,500,000 $413 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $31,527/month

Highlights

  • Docks
  • Community Boat Launch
  • Lake View
  • Dieringer Heights Elementary School Rated A-
  • In Ground Pool
  • Deck

About This Home

As of December 2021

Home & adjacent lot SOLD together at $6,250,000! Experience Luxury Waterfront Lifestyle at the private community of Snag Island. Breathtaking estate ravishing in pure opulence. Magnolia lined gated entry lead to Lg circular porte cochère w/extensive parking & 7+ car garage. Hand-picked architectural details from the finest materials of the century, this shy 11,000 SqFt legacy residence opens to grand spiral staircase & Juliet balcony. An entertainer’s dream; perfect mix of sophisticated & casual spaces w/panoramic lake views from every room. 3.2 acres of rare north-facing 910' Lake Tapps peninsula. Lavish grounds w/spectacular sunsets feature sports court, in-ground pool & hot tub. At the water’s edge: covered lift, boat launch & beach.

Last Agent to Sell the Property

Kimber Lee

John L. Scott R.E. Lake Tapps License #8501 Listed on: 10/15/2021

John L. Scott R.E. Lake Tapps

Co-Listed By

Bryce Lee

John L. Scott R.E. Lake Tapps License #20109492

Last Buyer's Agent

Hao Dang

Windermere Real Estate/East License #48698

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1853904

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,112

Year Built

  • Built in 1999

Lot Details

  • Street terminates at a dead end
  • Dog Run
  • Gated Home
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Garden
  • Property is zoned R10

Property Views

  • Lake
  • Territorial

Home Design

  • Poured Concrete
  • Tile Roof
  • Stucco
  • Stone

Interior Spaces

  • 1 Bathroom
  • 5 Fireplaces

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Travertine

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Driveway

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Bulkhead
  • Docks
  • Deck
  • Patio
  • Outbuilding

Schools

  • Dieringer High School Elementary School
  • North Tapps Mid Middle School

Utilities

  • Well
  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0520157017

Community Details

Overview

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

Recreation

  • Community Boat Launch
  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,112

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Effective Year Built: 1999
  • Approved Accessory Dwelling: Upper
  • Homebuilder: Modern Builders
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Features: 2nd Kitchen, Wet Bar, 2nd Master Br, Wine Cellar, Wired For Generator, Bath Off Master, Built-In Vacuum, Dining Room, Fireplace In Mstr Br, High Tech Cabling, Security System, Skylights, Solarium/Atrium, Vaulted Ceilings, Walk-In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Laminate, Wall To Wall Carpet, Travertine
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Refrigerator, Trash Compactor, Washer, K
  • Bedrooms: 5.00
  • Bathrooms: 6.25
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 3
  • Three Quarter Bathrooms Main: 1
  • Main Half Bathrooms: 3
  • Master Bedroom: Upper
  • Fireplaces: 5
  • Fireplaces Main: 4
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Recreation Room: Upper
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 10887
  • Square Footage Finished: 10887
  • Total Square Footage: 10887

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Stone, Stucco
  • Foundation: Poured Concrete
  • Roof: Tile
  • View: Lake, Territorial
  • Waterfront: Bulkhead, Lake, No Bank
  • Waterfront Frontage: 910
  • Pool: In-Ground

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Forced Air, High Efficiency (Unspecified), Insert, Hot Water Recirc Pump
  • Power Company: PSE
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Well
  • Water Heater: Upstairs Closet-2-75 gal. 1-50 gal./ Gas
  • Water Source: Individual Well

Condo/Co-op/Association

  • HOA Fees: 105
  • Community Name: Snag Island
  • Project: Snag Island
  • Community Features: Boat Launch, CCRs

Schools

  • Elementary School: Dieringer Hs Elem
  • Middle School: North Tapps Mid
  • High School: Buyer To Verify
  • School District: DGR
  • Junior High: North Tapps Mid

Lot Info

  • Lot Number: 2
  • Lot Details: Dead End Street, Paved Street, Secluded
  • Lot Sq Ft: 139392
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 0520157017
  • Zoning Code: R10
  • Lot Topography: Garden Space, Level

Tax Info

  • Year: 2021
  • Tax Amount: 37916

MLS Schools

  • Elementary School: Dieringer Hs Elem
  • Senior High: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
Nov 30, 2021
Sold by
Njoroge Sabryna D and Njoroge Allan
Bought by
Njoroge Allan
Seller's Agent
Kimber Lee
John L. Scott R.E. Lake Tapps
Buyer's Agent
Hao Dang
Windermere Real Estate/East
List Price
$5,000,000
Sold Price
$4,500,000
Premium/Discount to List
-$500,000
-10%
Current Estimated Value
$5,378,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$878,813
Avg. Annual Appreciation
4.78%
Original Mortgage
$373,500
Outstanding Balance
$343,430
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$5,035,383

Purchase Details

Listed on
Oct 15, 2021
Closed on
Nov 24, 2021
Sold by
Price Ellen
Bought by
Njoroge Allan
Seller's Agent
Kimber Lee
John L. Scott R.E. Lake Tapps
Buyer's Agent
Hao Dang
Windermere Real Estate/East
List Price
$5,000,000
Sold Price
$4,500,000
Premium/Discount to List
-$500,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,500
Outstanding Balance
$343,430
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$5,035,383

Purchase Details

Listed on
Apr 8, 2019
Closed on
Feb 5, 2020
Sold by
Brandner Paul and Brandner Kimberly
Bought by
Price Ellen
Seller's Agent
Jennifer Harper
Coldwell Banker Bain
Buyer's Agent
Kimber Lee
John L. Scott R.E. Lake Tapps
List Price
$3,488,000
Sold Price
$3,500,000
Premium/Discount to List
$12,000
0.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.81%

Purchase Details

Closed on
May 27, 2009
Sold by
Fraser Christopher S and Fraser Kimberly L
Bought by
Horizon Bank

Purchase Details

Closed on
Aug 22, 2007
Sold by
Queen High Full House Llc
Bought by
Fraser Christopher S and Fraser Kimberly L

Purchase Details

Closed on
Mar 25, 2007
Sold by
Fraser Christopher S and Fraser Kimberly L
Bought by
Brandner Paul and Brandner Kimberly

Purchase Details

Closed on
Oct 18, 2005
Sold by
Price Thomas and Price Patricia
Bought by
Queen High Full House Llc

Purchase Details

Closed on
Sep 30, 2002
Sold by
Price Thomas W
Bought by
Milton Lenders Inc
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
Njoroge Allan -- Fidelity National Title
Njoroge Allan $4,500,000 Fidelity National Title
Price Ellen $3,500,000 Chicago Title
Horizon Bank $699,950 Fatco
Fraser Christopher S $1,200,000 Ticor
Brandner Paul $2,000,000 Fidelity Natl Title Ins Co
Queen High Full House Llc -- --
Milton Lenders Inc $309,268 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Njoroge Allan $373,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2021 12/01/21 Sold $4,500,000 -10.0% $413 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $5,000,000 +42.9% $459 / Sq Ft
02/07/2020 02/07/20 Sold $3,500,000 +7.7% $352 / Sq Ft View Prior Sale
01/16/2020 01/16/20 Pending -- -- --
08/08/2019 08/08/19 Price Changed $3,250,000 -6.8% $327 / Sq Ft
04/08/2019 04/08/19 For Sale $3,488,000 -- $351 / 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 $36,112 $4,700,000 $1,662,400 $3,037,600
2024 $36,112 $4,680,700 $1,699,700 $2,981,000
2023 $36,112 $3,637,500 $1,642,400 $1,995,100
2022 $41,235 $4,455,300 $1,604,200 $2,851,100
2021 $37,916 $2,910,900 $1,059,900 $1,851,000
2019 $33,432 $2,824,500 $1,051,700 $1,772,800
2018 $36,340 $2,627,000 $956,700 $1,670,300
2017 $32,688 $2,346,000 $803,400 $1,542,600
2016 $30,085 $1,942,300 $606,200 $1,336,100
2014 $30,630 $1,902,300 $584,300 $1,318,000
2013 $30,630 $1,809,800 $569,700 $1,240,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1853904

Northwest Multiple Listing Service (NWMLS)

APN: 052015-7017