NOT LISTED FOR SALE

2204 186th Ave E Lake Tapps, WA 98391

Estimated Value: $1,565,000 - $1,953,009

4 Beds
3 Baths
3,756 Sq Ft
$466/Sq Ft Est. Value

Last Sold January 10, 2024

Last sale price $1,950,000 $519 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $11,010/month

58 Days on Market

Highlights

  • Boathouse
  • 70 Feet of Waterfront
  • Community Boat Launch
  • Lake Tapps Elementary School Rated A-
  • Docks
  • Second Kitchen

About This Home

As of January 2024

Great Opportunity to own LAKE FRONT Property on LAKE TAPPS! 70' of NO-BANK lakefront, w/western exposure on Tacoma Point. Property features gated security, fully fenced 1/2 acre property with ample parking and RV parking w/ hookup, wired w/Generac 22KW generator, brand new septic system and mature landscaping throughout. This home has timeless charm, 4 bedrooms, 2.75 bath, 3300 sq ft. with two full kitchens (potential MIL), an additional 1 bedroom, 1 bath, ADU (2202) (additional rental income) The lakefront of this property is an oasis for entertaining with a boat house, two docks, three boat lifts, artificial turf, a hot tub & fire pit. You will have private access to the community parks where you can launch your watercraft. A must see!

Last Agent to Sell the Property

Chris Gordon

Keller Williams Rty Tacoma License #86881 Listed on: 10/04/2023

Keller Williams Rty Tacoma

Last Buyer's Agent

Delinda Jokela

Renaissance Real Estate LLC License #25819

Renaissance Real Estate LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2167551

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,415

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 334x70
  • 70 Feet of Waterfront
  • Lake Front
  • Cul-De-Sac
  • West Facing Home
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System
  • Garden
  • Zoning described as NMSF

Parking

  • 4 Car Garage
  • Driveway
  • RV Access or Parking

Home Design

  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 3,756 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Wine Cellar
  • Dining Room
  • Lake Views

Kitchen

  • Second Kitchen
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Spa Bath

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Spa
  • Bulkhead
  • Boathouse
  • Docks
  • Rooftop Deck
  • Patio
  • Outbuilding

Additional Homes

  • 476 SF Accessory Dwelling Unit
  • ADU includes 1 Bedroom and 1 Bathroom

Location

  • Property is near public transit

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Generator Hookup
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 507500-090-0

Community Details

Overview

  • No Home Owners Association
  • Tacoma Pt./Evergreen Pt. Subdivision

Recreation

  • Community Boat Launch
  • Sport Court
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,415

Year Built

Built in 1973 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1973
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher,GarbageDisposal,Microwave,SeeRemarks,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: See Remarks
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 4232
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • SOCComments: full SOC, agent must be present
  • AccessoryDwellingUnit: DetachedDwelling
  • DetachedDwellingSqFtFinished: 476
  • Special Features: VirtualTour
  • Cumulative Days on Market: 422

Interior Features

  • Fireplaces: 3
  • Basement: None
  • Private Spa: Yes
  • Appliances: Dishwasher_, Disposal, Microwave_, See Remarks, StoveRange_
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Concrete, Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Concrete, Hardwood, Wall to Wall Carpet, Second Kitchen, Wine Cellar, Wired for Generator, Ceiling Fan(s), Double Pane/Storm Window, Sprinkler System, Dining Room, Hot Tub/Spa, Security System, Vaulted Ceiling(s), Walk-In Pantry, Walk-In Closet(s), Fireplace, Water Heater
  • Living Area: 3756
  • Main Level Bedrooms: 3
  • Bathrooms: 2.75
  • BathsFullMain: 2
  • FireplacesMain: 2
  • SquareFootageFinished: 3756
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Microwave,See Remarks,StoveRange
  • FireplacesLower: 1
  • ADUBaths: 1
  • ADUBeds: 1
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Composition
  • View: Lake
  • Lot Features: Cul-De-Sac, Paved
  • View: Yes
  • Waterfront Features: Bulkhead, Lake, No Bank
  • Waterfront: Yes
  • Direction Faces: West
  • Exterior Features: Cement/Concrete, Stone, Wood
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Remodeled
  • Structure Type: House
  • BusLineNearby: true
  • WaterfrontFootage: 70
  • WaterAccess: Non-Deeded Access

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Driveway, Attached Garage, Detached Garage
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: SecurityGate, SecuritySystem, PartiallyFenced
  • Cooling: Central A/C, Forced Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Bonney Lake
  • WaterHeaterLocation: Downstairs Bathroom closet
  • WaterHeaterType: Gas
  • CableConnected: Comcast
  • InternetConnected: Comcast

Condo/Co-op/Association

  • Community Features: Athletic Court, Boat Launch, Park
  • Senior Community: No
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: true

Schools

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

Lot Info

  • Parcel Number: 507500-090-0
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.5623
  • Lot Size: 334x70
  • Lot Size Sq Ft: 24493
  • Zoning Description: NMSF
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Boat House,Cable TV,Deck,Dock,Fenced-Fully,Gas Available,High Speed Internet,Hot Tub/Spa,Outbuildings,Patio,Rooftop Deck,RV Parking,Shop,Sprinkler System
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2023
  • Tax Annual Amount: 13415
  • AdditionalTaxIds: 507500-090-0

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Lake Tapps Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Dec 20, 2023
Sold by
Gordon Steve C and Gordon Christine R
Bought by
Ng-Wang Family Trust and Ng
Seller's Agent
Chris Gordon
Keller Williams Rty Tacoma
Buyer's Agent
Delinda Jokela
Renaissance Real Estate LLC
List Price
$2,250,000
Sold Price
$1,950,000
Premium/Discount to List
-$300,000
-13.33%
Total Days on Market
58
Views
69
Current Estimated Value
$1,749,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$200,998
Avg. Annual Appreciation
-7.33%
Original Mortgage
$1,462,500
Outstanding Balance
$1,441,898
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$307,104

Purchase Details

Closed on
Mar 26, 2020
Sold by
Gordon Christine R and Gordon Steven C
Bought by
Gordon Steven C and Gordon Christine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2015
Sold by
Gordon Steven C and Gordon Laura J
Bought by
Gordon Steven C and Landry Christine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
3.85%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Range of Values:

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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
Ng-Wang Family Trust $1,950,000 First American Title Insurance
Gordon Steven C -- Fatco
Gordon Steven C $799,719 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ng-Wang Family Trust $1,462,500
Previous Owner Gordon Steven C $250,000
Previous Owner Gordon Steven C $75,000
Previous Owner Gordon Christine R $650,500
Previous Owner Gordon Steven O $158,000
Previous Owner Gordon Steven C $517,000
Previous Owner Gordon Steven C $200,000
Previous Owner Gordon Steven C $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2024 01/10/24 Sold $1,950,000 -7.1% $519 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
11/16/2023 11/16/23 Price Changed $2,099,999 -2.3% $559 / Sq Ft
11/08/2023 11/08/23 Price Changed $2,149,000 -2.3% $572 / Sq Ft
10/28/2023 10/28/23 Price Changed $2,199,000 -2.3% $585 / Sq Ft
10/04/2023 10/04/23 For Sale $2,250,000 -- $599 / 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
2024 $14,873 $1,615,000 $802,600 $812,400
2023 $14,873 $1,470,000 $846,600 $623,400
2022 $12,023 $1,342,100 $780,600 $561,500
2021 $12,419 $932,000 $555,200 $376,800
2019 $11,396 $877,900 $522,600 $355,300
2018 $12,723 $878,300 $522,600 $355,700
2017 $10,937 $807,400 $481,400 $326,000
2016 -- $626,200 $332,600 $293,600
2014 $8,301 $559,000 $300,900 $258,100
2013 $8,301 $505,600 $266,000 $239,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2167551

Northwest Multiple Listing Service (NWMLS)

APN: 507500-0900