NOT LISTED FOR SALE

2405 185th Ave E Lake Tapps, WA 98391

Estimated Value: $1,160,000 - $1,379,000

4 Beds
1 Bath
2,800 Sq Ft
$457/Sq Ft Est. Value

Last Sold August 23, 2021

Last sale price $1,125,000 $402 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,776/month

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 August 2021

Welcome home to this lakefront home situated on 90 Feet of Low bank waterfront in the Dieringer School District. Features of this home include beautiful views of your own lakefront property. Living & family room lead out to huge dry deck, perfect for entertaining. 2 bedrms on the main floor & 2 bedrooms on lower level w/additional kitchen & living/dining area that could be used as an MIL. Steps lead you to water & span across the entirety of the bulkhead. Fantastic dock w/swimming area, boat lift, guest moorage & space for your Seadoo & a slip for a jet ski w/a ramp as well. Views of Mt Rainier from the dock, too! Bring your vision, this home has so much potential! Don't forget to check out the Private Driftwood Point Park & boat launch.

Last Agent to Sell the Property

Jamie Penrod

Renaissance Real Estate LLC License #27706 Listed on: 07/01/2021

Co-Listed By

Matt Llewellyn

Renaissance Real Estate LLC License #25728

Last Buyer's Agent

Sam Cunningham

COMPASS License #23132

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1801257

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,985

Year Built

  • Built in 1968

Lot Details

  • Low Bank Waterfront Property
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Garden

Parking

  • RV Access or Parking

Property Views

  • Lake
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

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

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Outdoor Features

  • Bulkhead
  • Docks
  • Deck
  • Patio
  • Outbuilding

Utilities

  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 505020-022-0

Community Details

Overview

  • Driftwood Point Community

Recreation

  • Community Boat Launch

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,985

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Senior Exemption: Y
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, Dbl Pane/Storm Windw, Dining Room
  • Floor Covering: Ceramic Tile, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 4
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 2
  • Bathrooms: 2.25
  • 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
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Dining Room: Main
  • Family Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Lower
  • Estimated Sq Ft: 2800
  • Square Footage Finished: 2800

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake, Territorial
  • Waterfront: Bank-Low, Bulkhead
  • Waterfront Frontage: 90

Garage/Parking

  • Parking Type: K

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 4
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: City of Bonney Lake
  • Water Heater: Basement-Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 26
  • Community Name: Driftwood Point
  • Project: Driftwood Point
  • Community Features: Boat Launch

Schools

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

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 13877
  • Lot Topography Vegetation: Garden Space, Level, Partial Slope
  • Parcel Number: 505020-022-0
  • Lot Topography: Garden Space, Level, Partial Slope

Tax Info

  • Tax Amount: 1589

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Aug 11, 2021
Sold by
Mcdaniel Dawn and Mcdaniel Ken
Bought by
Lee Kevin and Kwan Mung Li
Seller's Agent
Jamie Penrod
Renaissance Real Estate LLC
Buyer's Agent
Sam Cunningham
COMPASS
List Price
$1,100,000
Sold Price
$1,125,000
Premium/Discount to List
$25,000
2.27%
Current Estimated Value
$1,278,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,322
Avg. Annual Appreciation
4.61%
Original Mortgage
$1,086,384
Outstanding Balance
$992,113
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$361,011

Purchase Details

Closed on
Aug 12, 2019
Sold by
Mcdaniel Kenneth
Bought by
Mcdaniel Dawn

Purchase Details

Closed on
Dec 12, 2017
Sold by
Mcdaniel Kenneth
Bought by
Mcdaniel Kenneth and Mcdaniel Dawn

Purchase Details

Closed on
Dec 1, 2016
Sold by
Mcdaniel Ruth A
Bought by
Mcdaniel Kenneth

Purchase Details

Closed on
Sep 5, 2006
Sold by
Mcdaniel Keith Arnold and Mcdaniel Ruth Ann
Bought by
Mcdaniel Keith Arnold and Mcdaniel Ruth Ann

Purchase Details

Closed on
Jan 12, 2001
Sold by
Mcdaniel Keith Arnold and Mcdaniel Ruth Ann
Bought by
The Mcdaniel Family Living Trust
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
Lee Kevin $1,125,000 Stewart Title
Mcdaniel Dawn -- None Available
Mcdaniel Kenneth -- None Available
Mcdaniel Kenneth -- None Available
Mcdaniel Keith Arnold -- None Available
The Mcdaniel Family Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Kevin $1,086,384
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2021 08/23/21 Sold $1,125,000 +2.3% $402 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $1,100,000 -- $393 / 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 $11,985 $1,282,200 $757,500 $524,700
2024 $11,985 $1,185,400 $789,500 $395,900
2023 $11,985 $1,196,200 $832,800 $363,400
2022 $9,694 $1,095,200 $767,900 $327,300
2021 $1,589 $763,600 $546,200 $217,400
2019 $1,723 $677,500 $470,100 $207,400
2018 $1,777 $671,500 $470,100 $201,400
2017 $1,840 $619,700 $433,100 $186,600
2016 $1,455 $467,000 $299,200 $167,800
2014 $1,306 $414,700 $270,700 $144,000
2013 $1,306 $374,400 $239,300 $135,100
Source: Public Records

Agents Affiliated with this Home

  • Jamie Penrod

    Seller's Agent in 2021

    Jamie Penrod

    Renaissance Real Estate LLC

    (206) 697-3640

    36 in this area

    209 Total Sales

    Jamie Penrod
    Section Image
  • Matt Llewellyn

    Seller Co-Listing Agent in 2021

    Matt Llewellyn

    Renaissance Real Estate LLC

    (206) 290-2204

    30 in this area

    176 Total Sales

    Matt Llewellyn
    Section Image
  • Sam Cunningham

    Buyer's Agent in 2021

    Sam Cunningham

    COMPASS

    (206) 227-7849

    1 in this area

    167 Total Sales

    Sam Cunningham
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1801257

Northwest Multiple Listing Service (NWMLS)

APN: 505020-0220

Washington Pierce County Lake Tapps 98391

2405 185th Ave E, Lake Tapps, WA

This home is located at 2405 185th Ave E, Lake Tapps, WA 98391 since 01 July 2021 and is currently estimated at $1,278,322, approximately $456 per square foot. This property was built in 1968. 2405 185th Ave E is a home located in Pierce County with nearby schools including Dieringer Heights Elementary School, Lake Tapps Elementary School, and North Tapps Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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