NOT LISTED FOR SALE

2521 185th Ave E Lake Tapps, WA 98391

Estimated Value: $1,384,000 - $1,525,000

4 Beds
2 Baths
3,228 Sq Ft
$458/Sq Ft Est. Value

Last Sold February 04, 2021

Last sale price $1,325,000 $410 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $9,382/month

4 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Waterfront Community
  • Community Boat Launch
  • Lake Tapps Elementary School Rated A-
  • Docks
  • Spa

About This Home

As of February 2021

Lake Tapps mountain view home featuring the ultimate set up for lake living! Gated entry, sports court, RV parking, dock w/boat lift, canopy cover & jet-ski lifts. Stamped concrete walkway & patio w/firepit. Stunning kitchen w/huge center island, quartz, stainless appliances, heated floors, walk-in pantry & access out to the entertainment deck! Living room w/wood burning fireplace. Master suite has 2 closets w/closet systems, & updated bath w/double sinks & large shower. Main level utility room! Massive rec-room set up for entertaining or possible MIL; stacked stone gas fireplace, built in bookcases, kitchenette, nice sized bedroom, 3/4 bath, & sliding doors lead out to the covered lower patio. Community launch, parks and Dieranger Schools!

Last Agent to Sell the Property

Monica Hope

Windermere RE/Lake Tapps, Inc License #24993 Listed on: 12/29/2020

Windermere RE/Lake Tapps, Inc

Co-Listed By

Kelsie Doughty

Windermere RE/Lake Tapps, Inc License #135370

Last Buyer's Agent

Keenan French

Olympic Sotheby's Int'l Realty License #133722

Olympic Sotheby's Int'l Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1712620

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,309

Year Built

  • Built in 1977

Lot Details

  • Low Bank Waterfront Property
  • Gated Home
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Stucco

Interior Spaces

  • 2 Bathrooms
  • 2 Fireplaces
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Spa
  • Bulkhead
  • Docks
  • Deck
  • Patio
  • Outbuilding

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 505000-083-0

Community Details

Overview

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

Recreation

  • Community Boat Launch
  • Waterfront Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,309

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Wired For Generator, Bath Off Master, Dbl Pane/Storm Windw, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 3
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 3
  • Lower Level Bedroom: 1
  • Bathrooms: 2.50
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Fully Finished
  • Family Room: Lower
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3228
  • Square Footage Finished: 3228

Exterior Features

  • Exterior: Stucco
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake, Mountain, Territorial
  • Waterfront: Bank-Low, Bulkhead, Lake
  • Waterfront Frontage: 70

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Central A/C, Forced Air, 90%+ High Efficiency, Ductless Hp-Mini Split
  • Power Company: Puget Sound Energy
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: City of Bonney Lake
  • Water Heater: Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 24
  • Community Name: Driftwood Point
  • Project: Driftwood Point
  • Community Features: Boat Launch, CCRs, Community Waterfront/Pvt Beach, Tennis Courts

Schools

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

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 10755
  • Lot Topography Vegetation: Level, Partial Slope, Terraces
  • Parcel Number: 505000-083-0
  • Zoning Jurisdiction: County
  • Lot Topography: Level, Partial Slope, Terraces

Tax Info

  • Tax Amount: 9715

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2020
Closed on
Feb 3, 2021
Sold by
Carlo Justin and Carlo Dawn
Bought by
Obrien Spencer and French Kelsey
Seller's Agent
Monica Hope
Windermere RE/Lake Tapps, Inc
Buyer's Agent
Keenan French
Olympic Sotheby's Int'l Realty
List Price
$1,250,000
Sold Price
$1,325,000
Premium/Discount to List
$75,000
6%
Total Days on Market
4
Current Estimated Value
$1,479,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,339
Avg. Annual Appreciation
3.81%
Original Mortgage
$1,325,000
Outstanding Balance
$1,196,628
Interest Rate
2.6%
Mortgage Type
VA
Estimated Equity
$361,656

Purchase Details

Closed on
Nov 4, 2003
Sold by
Allen John W
Bought by
Carlo Justin and Carlo Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,600
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2003
Sold by
Allen John W
Bought by
Allen John W and The John & Marilyn Allen Trust

Purchase Details

Closed on
Aug 22, 1997
Sold by
Allen Marilyn L
Bought by
Allen John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
7.43%
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
Obrien Spencer $1,325,000 Cw Title
Carlo Justin $399,500 Chicago Title Insurance Co
Allen John W -- --
Allen John W -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obrien Spencer $1,325,000
Previous Owner Carlo Justin $278,100
Previous Owner Carlo Justin $103,200
Previous Owner Carlo Justin $286,000
Previous Owner Carlo Justin $60,000
Previous Owner Carlo Justin $319,600
Previous Owner Allen John W $117,000
Closed Carlo Justin $39,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2021 02/04/21 Sold $1,325,000 +6.0% $410 / Sq Ft
01/02/2021 01/02/21 Pending -- -- --
12/29/2020 12/29/20 For Sale $1,250,000 -- $387 / 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 $13,309 $1,340,200 $736,200 $604,000
2023 $13,309 $1,330,200 $776,500 $553,700
2022 $10,731 $1,214,200 $716,000 $498,200
2021 $10,901 $828,400 $509,300 $319,100
2019 $9,216 $721,600 $417,900 $303,700
2018 $10,297 $716,300 $417,900 $298,400
2017 $8,844 $658,400 $385,000 $273,400
2016 $7,317 $514,600 $266,000 $248,600
2014 $6,384 $457,100 $240,600 $216,500
2013 $6,384 $413,600 $212,800 $200,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1712620

Northwest Multiple Listing Service (NWMLS)

APN: 505000-0830