NOT LISTED FOR SALE

2606 185th Ave E Lake Tapps, WA 98391

Estimated Value: $670,000 - $891,000

3 Beds
3 Baths
2,156 Sq Ft
$370/Sq Ft Est. Value

Last Sold May 15, 2013

Last sale price $245,000 $114 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $4,972/month

116 Days on Market

About This Home

As of May 2013

Wonderful Driftwood point home ! Excellent design & on a large flat useable lot.Vaulted Formal living rm,Formal Dining rm,Breakfast nook, Large extended deck off kitchen with french doors for entertaining.Family room downstairs with fireplace and wet bar. Large side Yard for R/V Or Boat Parking. Driftwood Point is one the most beautiful and sought after areas on Lake Tapps. This Home is a must see.

Last Agent to Sell the Property

Jim Compton

John L. Scott R.E. Lake Tapps License #2817 Listed on: 11/15/2012

John L. Scott R.E. Lake Tapps

Last Buyer's Agent

Justin Bartlett

Dove Realty, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM424165

Northwest Multiple Listing Service (NWMLS)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2017
Sold by
2017 2 Ih Borrower Lp
Bought by
2017 2 Ih Borrower Lp
Total Days on Market
116
Current Estimated Value
$797,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$865,027,000
Outstanding Balance
$737,878,515
Interest Rate
3.91%
Mortgage Type
Commercial
Estimated Equity
-$737,048,430

Purchase Details

Closed on
Oct 9, 2014
Sold by
Thr Washington Ii Lp
Bought by
2014-3 Ih Borrower Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$769,322,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 15, 2012
Closed on
May 10, 2013
Sold by
Compton Kathy M and Mennie Constance
Bought by
Thr Washington Ii Lp
Seller's Agent
Jim Compton
John L. Scott R.E. Lake Tapps
Buyer's Agent
Justin Bartlett
Dove Realty, Inc.
List Price
$245,000
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.64%

Purchase Details

Closed on
Feb 2, 1994
Sold by
Compton Kathleen M
Bought by
Compton Ronald S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.19%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
2017 2 Ih Borrower Lp -- None Available
2014-3 Ih Borrower Lp -- None Available
Thr Washington Ii Lp $245,000 First American Title Ins Co
Compton Ronald S -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2017-2 Ih Borrower Lp $865,027,000
Closed 2017 2 Ih Borrower Lp $865,027,000
Closed 2014-3 Ih Borrower Lp $769,322,000
Previous Owner Compton Ronald S $200,000
Previous Owner Compton Ronald S $92,000
Previous Owner Compton Ronald S $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2013 05/15/13 Sold $245,000 0.0% $114 / Sq Ft
03/11/2013 03/11/13 Pending -- -- --
11/15/2012 11/15/12 For Sale $245,000 -- $114 / 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 $6,149 $639,000 $311,200 $327,800
2023 $6,149 $605,600 $294,100 $311,500
2022 $5,844 $621,700 $294,100 $327,600
2021 $5,880 $441,300 $191,500 $249,800
2019 $4,962 $424,600 $171,000 $253,600
2018 $5,396 $380,700 $142,000 $238,700
2017 $4,663 $340,800 $117,700 $223,100
2016 $4,339 $285,800 $93,300 $192,500
2014 $4,025 $268,100 $87,700 $180,400
2013 $4,025 $252,000 $85,200 $166,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jim Compton

    John L Scott

    (253) 315-0367

    1 in this area

    34 Total Sales

    Jim Compton
    Section Image
  • Justin Bartlett

    Buyer's Agent in 2013

    Justin Bartlett

    Dove Realty, Inc.

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM424165

Northwest Multiple Listing Service (NWMLS)

APN: 505000-2260

Washington Pierce County Lake Tapps 98391

2606 185th Ave E, Lake Tapps, WA

This home is located at 2606 185th Ave E, Lake Tapps, WA 98391 since 15 November 2012 and is currently estimated at $797,547, approximately $369 per square foot. This property was built in 1980. 2606 185th Ave E is a home located in Pierce County with nearby schools including Lake Tapps Elementary School, Dieringer Heights 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) 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. ©2025 NWMLS.

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