NOT LISTED FOR SALE

21712 Snag Island Dr E Lake Tapps, WA 98391

Estimated Value: $675,000 - $783,876

6 Beds
3 Baths
2,576 Sq Ft
$288/Sq Ft Est. Value

Last Sold April 29, 2019

Last sale price $469,400 $182 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,451/month

169 Days on Market

Highlights

  • Lake View
  • 0.79 Acre Lot
  • Partially Fenced Property
  • Dieringer Heights Elementary School Rated A-
  • High Speed Internet

About This Home

As of April 2019

Great opportunity, the one and only Duplex on Snag Island Drive. 2 ea 1288 sf, 3 Bedroom 1.5 Bath units. Attached 3 car Garage, On a 34,412 SF Lot with room to build a shop or additional garage space. Each unit has a large fenced rear yard, across the street from the Lake, Dieringer School District.

Last Buyer's Agent

Shane Blondin

RE/MAX Northwest License #50568

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1362208

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,902

Year Built

  • Built in 1978

Lot Details

  • 0.79 Acre Lot
  • Partially Fenced Property
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,576 Sq Ft Home
  • 2-Story Property
  • Lake Views

Parking

  • 7 Parking Spaces
  • 3 Covered Spaces
  • Open Parking

Schools

  • Dieringer High School Elementary School
  • North Tapps Mid Middle School
  • Out Of District High School

Utilities

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

Community Details

  • Lake Tapps Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 0520236001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,902

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1978
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2576
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Interior Amenities: Forced Air
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Lake
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Security: FullyFenced
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Septic System, Natural Gas Connected, Individual Well
  • PowerCompany: pse
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Dieringer
  • High School: Out of District
  • Middle Or Junior School: North Tapps Mid

Lot Info

  • Parcel Number: 0520236001
  • Lot Size Acres: 0.79
  • Lot Size Sq Ft: 34412
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,High Speed Internet
  • MLSLotSizeSource: County
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • LotNumber: 1

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 3190

Multi Family

  • Gross Scheduled Income: 38280
  • Net Operating Income: 29809
  • Number Of Units Total: 2
  • Insurance Expense: 1000
  • Leasable Area: 2576
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2018
  • Tax Annual Amount: 5902

MLS Schools

  • Elementary School: Dieringer Hs Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2018
Closed on
Apr 19, 2019
Sold by
Vanderschelden Dale L
Bought by
Heacox Christopher D and Heacox Angela K
Buyer's Agent
Shane Blondin
RE/MAX Northwest
List Price
$495,000
Sold Price
$469,400
Premium/Discount to List
-$25,600
-5.17%
Current Estimated Value
$741,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,069
Avg. Annual Appreciation
8.33%
Original Mortgage
$352,050
Outstanding Balance
$311,400
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$472,714

Purchase Details

Closed on
Mar 1, 2016
Sold by
Vanderschedlden Elizabeth L
Bought by
Vanderschelden Dale L

Purchase Details

Closed on
Feb 23, 2004
Sold by
Vanderwaal Jack and Vanderwaal Arlene
Bought by
Vanderschelden Dale and Vanderschelden Elizabeth

Purchase Details

Closed on
May 16, 2003
Sold by
Vanderwaal Jack C
Bought by
Vanderwaal Jack and Vanderwaal Arlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2001
Sold by
Vanderwaal Arlene V
Bought by
Vanderwaal Jack C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7.21%

Purchase Details

Closed on
Jan 4, 1999
Sold by
Schmidt Gordon K and Schmidt Judith J
Bought by
Jeffery Lane Vanderwall Irrevocable Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.73%
Mortgage Type
Seller Take Back
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
Heacox Christopher D $469,400 Cw Title
Vanderschelden Dale L -- None Available
Vanderschelden Dale $310,000 Transnation Title
Vanderwaal Jack -- Commonwealth Title Co
Vanderwaal Jack C -- First American Title Co
Vanderwaal Jack C -- First American Title Co
Jeffery Lane Vanderwall Irrevocable Trus $210,000 Commonwealth Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heacox Christopher D $352,050
Previous Owner Vanderwaal Jack $200,000
Previous Owner Vanderwaal Jack C $195,000
Previous Owner Jeffery Lane Vanderwall Irrevocable Trus $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2019 04/29/19 Sold $469,400 +2.0% $182 / Sq Ft
03/19/2019 03/19/19 Pending -- -- --
03/14/2019 03/14/19 Price Changed $460,000 -6.0% $179 / Sq Ft
02/06/2019 02/06/19 Price Changed $489,500 -1.1% $190 / Sq Ft
12/16/2018 12/16/18 For Sale $495,000 0.0% $192 / Sq Ft
12/15/2018 12/15/18 Pending -- -- --
10/07/2018 10/07/18 For Sale $495,000 0.0% $192 / Sq Ft
10/05/2018 10/05/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $495,000 -- $192 / 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 $6,424 $722,000 $374,100 $347,900
2024 $6,424 $653,400 $325,000 $328,400
2023 $6,424 $629,000 $334,700 $294,300
2022 $6,460 $608,100 $321,200 $286,900
2021 $6,502 $486,100 $232,200 $253,900
2019 $5,354 $447,900 $195,400 $252,500
2018 $5,902 $408,700 $158,200 $250,500
2017 $4,820 $371,200 $139,200 $232,000
2016 $4,489 $290,100 $101,300 $188,800
2014 $4,005 $275,600 $101,300 $174,300
2013 $4,005 $247,200 $92,200 $155,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1362208

Northwest Multiple Listing Service (NWMLS)

APN: 052023-6001