Listed by John L. Scott, Inc, Bought with John L. Scott, Inc
NOT LISTED FOR SALE

2525 185th Ave E Lake Tapps, WA 98391

Estimated Value: $1,224,000 - $1,495,000

4 Beds
2 Baths
2,946 Sq Ft
$468/Sq Ft Est. Value

Last Sold January 20, 2023

Last sale price $1,300,000 $441 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,381/month

39 Days on Market

Highlights

  • Boathouse
  • Low Bank Waterfront Property
  • Community Boat Launch
  • Dieringer Heights Elementary School Rated A-
  • Docks
  • RV Access or Parking

About This Home

As of January 2023

Fantastic waterfront home designed for life on the lake! Main living areas are on the lower level with easy access to the patio & path to the lake. Beautiful views from almost every room, gorgeous Brazilian cherry floors downstairs. Bedroom on main level could be for primary or guests. Bright living room for entertaining, cozy family room with wood stove for relaxing. Modern kitchen has newer SS appliances. Full bath & 3 beds upstairs, plus extra room perfect for play area, office, etc. Fully-fenced yard has all you need for lake life: 70' low-bank frontage, dock, boat lift, large boat house with power & fridge. Enjoy Driftwood’s residents-only park with swim area, playground & more. RV carport, new ext paint, 1-yr old roof, Dieringer SD!

Last Agent to Sell the Property

Joshua Hall

John L. Scott, Inc License #25510 Listed on: 11/10/2022

John L. Scott, Inc

Last Buyer's Agent

Jeffrey Castro

John L. Scott, Inc License #26668

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2015861

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,666

Year Built

  • Built in 1967

Lot Details

  • 10,721 Sq Ft Lot
  • Low Bank Waterfront Property
  • 70 Feet of Waterfront
  • Lake Front
  • Property is Fully Fenced
  • Level Lot
  • Garden
  • Property is in very good condition
  • Zoning described as R10

HOA Fees

  • $27 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Detached Carport Space
  • RV Access or Parking

Property Views

  • Lake
  • Mountain
  • Limited

Home Design

  • Split Foyer
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,946 Sq Ft Home
  • Multi-Level Property
  • Wood Burning Fireplace
  • Dining Room
  • Finished Basement
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

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

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Bulkhead
  • Boathouse
  • Docks
  • Deck
  • Patio
  • Outbuilding

Schools

  • Lake Tapps Elementary School
  • North Tapps Mid Middle School

Utilities

  • Central Air
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 66
  • Assessor Parcel Number 5050000810

Community Details

Overview

  • Www.Driftwoodpointhoa.Com Association
  • Driftwood Point Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Boat Launch
  • Tennis Courts
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,666

Year Built

Built in 1967

Lot Details

0

HOA Fees

$27 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 14 - Split Entry
  • Year Built: 1967
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,SeeRemarks,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Driftwood Point
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 2946
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Basement: Daylight, Finished
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, See Remarks, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Split
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Central A/C, Forced Air, Ceramic Tile, Hardwood, Wall to Wall Carpet, Double Pane/Storm Window, Dining Room, Walk-In Closet(s), Water Heater
  • Living Area: 2946
  • Main Level Bedrooms: 1
  • Bathrooms: 1.75
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 2946
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,See Remarks,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s), Partial
  • Lot Features: Paved
  • View: Yes
  • Waterfront Features: Bank-Low, Bulkhead, Lake
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • WaterfrontFootage: 70

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • HeatingCoolingType: Central A/C,Forced Air,Radiant
  • PowerCompany: PSE
  • SewerCompany: Private Septic
  • WaterCompany: City of Bonney Lake
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas
  • CableConnected: XFinity
  • InternetConnected: XFinity

Condo/Co-op/Association

  • Community Features: Boat Launch, CCRs, Community Waterfront/Pvt Beach, Park, Playground, Tennis Courts
  • Senior Community: No
  • Association Fee: 320
  • Association Fee Frequency: Annually
  • Association: Yes
  • AssociationContactName: www.driftwoodpointhoa.com

Schools

  • Junior High Dist: Dieringer
  • High School: Buyer To Verify
  • Middle Or Junior School: North Tapps Mid

Lot Info

  • Parcel Number: 5050000810
  • Topography: Level,PartialSlope,Terraces
  • Land Lease: No
  • Lot Size Acres: 0.2461
  • Lot Size Sq Ft: 10721
  • Zoning Description: R10
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Boat House,Cable TV,Deck,Dock,Fenced-Fully,Gas Available,High Speed Internet,Outbuildings,Patio,RV Parking
  • MLSLotSizeSource: PCR
  • MLSSquareFootageSource: PCR
  • ZoningJurisdiction: County
  • LotNumber: 66

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 9666

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
Nov 10, 2022
Closed on
Jan 16, 2023
Sold by
Lindner Peter and Lindner Kelly D
Bought by
Courtney Catherine and Courtney Justin
Seller's Agent
Joshua Hall
John L. Scott, Inc
Buyer's Agent
Jeffrey Castro
John L. Scott, Inc
List Price
$1,350,000
Sold Price
$1,300,000
Premium/Discount to List
-$50,000
-3.7%
Views
55
Current Estimated Value
$1,378,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,973
Avg. Annual Appreciation
3.01%
Original Mortgage
$700,000
Outstanding Balance
$679,564
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$728,426

Purchase Details

Closed on
Aug 28, 2003
Sold by
Nelson Eric W
Bought by
Lindner Peter and Lindner Kelly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
5.87%
Mortgage Type
Credit Line Revolving
Source: Public Records

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
Courtney Catherine -- Old Republic Title
Lindner Peter $360,000 Ticor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Courtney Catherine $700,000
Previous Owner Lindner Peter $324,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2023 01/20/23 Sold $1,300,000 -3.7% $441 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
11/10/2022 11/10/22 For Sale $1,350,000 -- $458 / 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 $12,519 $1,297,000 $721,700 $575,300
2024 $12,519 $1,250,100 $735,900 $514,200
2023 $12,519 $1,250,200 $776,300 $473,900
2022 $9,665 $1,091,900 $715,800 $376,100
2021 $10,060 $763,600 $509,100 $254,500
2019 $8,445 $662,600 $417,600 $245,000
2018 $9,474 $655,500 $417,600 $237,900
2017 $8,132 $605,100 $384,700 $220,400
2016 $6,622 $463,900 $265,700 $198,200
2014 $6,001 $413,000 $240,400 $172,600
2013 $6,001 $374,500 $212,600 $161,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2015861

Northwest Multiple Listing Service (NWMLS)

APN: 505000-0810