Listed by Crescent Realty, Bought with Keller Williams Realty
NOT LISTED FOR SALE

2523 199th Avenue Ct E Lake Tapps, WA 98391

Estimated Value: $1,374,000 - $1,921,521

3 Beds
1 Bath
3,576 Sq Ft
$481/Sq Ft Est. Value

Last Sold May 25, 2012

Last sale price $480,000 $134 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $10,509/month

42 Days on Market

Highlights

  • Docks
  • Lake View
  • Wood Flooring
  • Dieringer Heights Elementary School Rated A-
  • Deck
  • 4 Fireplaces

About This Home

As of May 2012

Beautiful custom water front home on Tapps Island. Views of Mt Rainier & lake from most rooms. Wrap around trex deck w/glass railing. 4 fireplaces including master w/5 peice bath + deck & lake view. 2nd master w/bath. Daylight finished basement w/wet bar huge area for many possible uses. Beautifully landscaped yard sloping down to dock. Stamped concrete bbq pit & spa area. Many additional features. Bank of America prequal required on all offers but you may use your own financing.

Last Agent to Sell the Property

Jan Willey

Crescent Realty Listed on: 01/20/2012

Last Buyer's Agent

Liz Johnson

Keller Williams Realty License #24015743

Keller Williams Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM317612

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,669

Year Built

  • Built in 1986

Lot Details

  • Street terminates at a dead end
  • Level Lot

Parking

  • Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Brick Exterior Construction
  • Shake Roof
  • Wood Siding

Interior Spaces

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

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Outdoor Features

  • Bulkhead
  • Docks
  • Deck
  • Patio

Utilities

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

Community Details

  • Tapps Island Community

Listing and Financial Details

  • Assessor Parcel Number 8996020250

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,669

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Building Information: Built On Lot
  • Year Built: 1986
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Master Br, Bath Off Master, Fireplace In Mstr Br, French Doors, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Range/Oven
  • Bedrooms: 3.00
  • Bathrooms: 3.25
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Fireplaces: 4
  • Basement: Daylight, Fully Finished
  • Estimated Sq Ft: 3576
  • Square Footage Finished: 3576

Exterior Features

  • Exterior: Brick, Wood
  • Roof: Cedar Shake
  • View: Lake, Mountain
  • Waterfront: Bulkhead, Lake, No Bank

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Tapps Island Assoc
  • Water Source: Community, Shared Well

Condo/Co-op/Association

  • HOA Fees: 175
  • Community Name: Tapps Island

Schools

  • School District: DGR

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 19294
  • Lot Topography Vegetation: Level, Partial Slope, Terraces
  • Parcel Number: 8996020250
  • Lot Topography: Level, Partial Slope, Terraces

Tax Info

  • Tax Amount: 10932

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2012
Closed on
Apr 16, 2012
Sold by
Bank Of America
Bought by
Walter Jack R and Walter Stephanie M
Seller's Agent
Jan Willey
Crescent Realty
Buyer's Agent
Liz Johnson
Keller Williams Realty
List Price
$480,000
Sold Price
$480,000
Current Estimated Value
$1,720,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,240,130
Avg. Annual Appreciation
9.91%
Original Mortgage
$47,950
Interest Rate
3.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 7, 2011
Sold by
Kumar David and Koumar David Collin
Bought by
Bank Of America Na

Purchase Details

Closed on
Jul 19, 2004
Sold by
Herbert Joseph C
Bought by
Kumar David Collin and Kumar Deanna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,400
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2003
Sold by
Mclaren Barry D
Bought by
Herbert Joseph C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
5.5%
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
Walter Jack R $480,000 Fidelity National Title Co
Bank Of America Na $575,000 None Available
Kumar David Collin $630,500 Fidelity National Title Co
Herbert Joseph C $560,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walter Jack R $384,000
Previous Owner Kumar David Collin $504,400
Previous Owner Herbert Joseph C $504,000
Closed Kumar David Collin $126,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2012 05/25/12 Sold $480,000 0.0% $134 / Sq Ft
03/02/2012 03/02/12 Pending -- -- --
01/20/2012 01/20/12 For Sale $480,000 -- $134 / 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 $16,669 $1,784,900 $967,900 $817,000
2024 $16,669 $1,664,400 $922,200 $742,200
2023 $16,669 $1,670,100 $954,300 $715,800
2022 $15,201 $1,611,600 $922,200 $689,400
2021 $14,542 $1,109,100 $643,400 $465,700
2019 $11,963 $991,800 $567,000 $424,800
2018 $13,612 $933,100 $519,500 $413,600
2017 $11,870 $873,200 $477,900 $395,300
2016 $11,079 $807,000 $430,400 $376,600
2014 $9,726 $695,900 $362,200 $333,700
2013 $9,726 $575,300 $285,000 $290,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jan Willey

    Crescent Realty

  • Liz Johnson

    Buyer's Agent in 2012

    Liz Johnson

    Keller Williams Realty

    (253) 670-0357

    8 in this area

    286 Total Sales

    Liz Johnson
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM317612

Northwest Multiple Listing Service (NWMLS)

APN: 899602-0250

Washington Pierce County Lake Tapps 98391

2523 199th Avenue Ct E, Lake Tapps, WA

This home is located at 2523 199th Avenue Ct E, Lake Tapps, WA 98391 since 20 January 2012 and is currently estimated at $1,720,130, approximately $481 per square foot. This property was built in 1986. 2523 199th Avenue Ct 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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