NOT LISTED FOR SALE

2803 176th Ave E Lake Tapps, WA 98391

Estimated Value: $1,423,000 - $1,610,000

3 Beds
2 Baths
2,108 Sq Ft
$720/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $1,400,000 $664 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $9,786/month

90 Days on Market

Highlights

  • 115 Feet of Waterfront
  • Docks
  • Lake View
  • Lake Tapps Elementary School Rated A-
  • Community Boat Launch
  • Deck

About This Home

As of December 2023

Highly desired Driftwood Point location presents this custom 3 bedroom, 2 bathroom all on 1 level, 1 owner home with rich hardwood floors and soaring ceilings in every room. Enjoy your panoramic picture perfect waterfront estate, capturing remarkable views of Mt. Rainier, the Cascades & open water views year round. Shy 1/2 acre with 115' of lakefront, lakeside patio, firepit & lovely water feature. New roof, 2 gas fireplaces, open air atrium & potential for expansion in the understory. 2 oversized attached garages for 3 cars/boat/trailer parking. Covered Nyman boat lift & large dock. Cul-de-sac location, Dieringer schools, easy highway access near Lakeland, private community beach park with boat launch, tennis court, etc. Pride of ownership

Last Agent to Sell the Property

Toril Schoepfer

Toril Sells Houses Team License #23304 Listed on: 07/28/2023

Last Buyer's Agent

Abby Wetzel

Redfin License #115037

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2143684

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,424

Year Built

  • Built in 1996

Lot Details

  • 0.45 Acre Lot
  • 115 Feet of Waterfront
  • Lake Front
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Garden
  • Property is in very good condition

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,108 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Solarium
  • Partially Finished Basement

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Travertine
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Bulkhead
  • Docks
  • Deck
  • Patio

Schools

  • Lake Tapps Elementary School
  • North Tapps Mid Middle School

Utilities

  • Forced Air Heating System
  • Generator Hookup
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 5050300090

Community Details

Overview

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

Recreation

  • Community Boat Launch
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,424

Year Built

Built in 1996

Lot Details

0

HOA Fees

$28 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1996
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Lake Tapps Driftwood Point #3
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2108
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 673

Interior Features

  • Fireplaces: 2
  • Basement: Partially Finished, Roughed In, Unfinished
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Travertine, Vinyl
  • Interior Amenities: Ceramic Tile, Hardwood, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, French Doors, Security System, Solarium/Atrium, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Generator, Fireplace, Water Heater
  • Living Area: 2108
  • Main Level Bedrooms: 3
  • Bathrooms: 2
  • BathsFullMain: 2
  • FireplacesMain: 2
  • SquareFootageFinished: 2108
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s)
  • Lot Features: Cul-De-Sac, Dead End Street, Paved
  • View: Yes
  • Waterfront Features: Bank-Medium, Bulkhead, Lake
  • Waterfront: Yes
  • Exterior Features: Brick, Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: false
  • WaterfrontFootage: 115
  • WaterAccess: Community Waterfront/Pvt Beach

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: City of Bonney Lake
  • WaterHeaterType: gas

Condo/Co-op/Association

  • Community Features: Boat Launch, CCRs, Park, Playground
  • Senior Community: No
  • Association Fee: 330
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel Number: 5050300090
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.4494
  • Lot Size Sq Ft: 19574
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dock,Fenced-Partially,Gas Available,High Speed Internet,Patio,Shop,Sprinkler System
  • MLSLotSizeSource: realist
  • MLSSquareFootageSource: realist
  • ZoningJurisdiction: County
  • LotNumber: 9

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2023
  • Tax Annual Amount: 13424

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
Jul 28, 2023
Closed on
Dec 8, 2023
Sold by
Nelson Michael H and Nelson Pamela M
Bought by
Sasha Kariel Revocable Trust and Kariel
Seller's Agent
Toril Schoepfer
Toril Sells Houses Team
Buyer's Agent
Abby Wetzel
Redfin
List Price
$1,599,999
Sold Price
$1,400,000
Premium/Discount to List
-$199,999
-12.5%
Total Days on Market
90
Views
281
Current Estimated Value
$1,517,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,156
Avg. Annual Appreciation
5.62%

Purchase Details

Closed on
Nov 12, 1993
Sold by
Staley Jenny M
Bought by
Nelson Michael H and Nelson Pamela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.85%
Mortgage Type
Seller Take Back
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
Sasha Kariel Revocable Trust $1,400,000 Ticor Title
Nelson Michael H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson Michael H $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $1,400,000 -12.5% $664 / Sq Ft
10/26/2023 10/26/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $1,599,999 -- $759 / 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 $14,899 $1,481,500 $860,100 $621,400
2023 $14,899 $1,491,000 $907,200 $583,800
2022 $12,014 $1,361,800 $836,500 $525,300
2021 $12,402 $944,100 $595,000 $349,100
2019 $11,297 $882,700 $541,200 $341,500
2018 $12,678 $880,500 $541,200 $339,300
2017 $10,880 $812,700 $498,500 $314,200
2016 $8,941 $626,900 $344,400 $282,500
2014 $3,876 $560,200 $311,600 $248,600
2013 $3,876 $506,100 $275,500 $230,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2143684

Northwest Multiple Listing Service (NWMLS)

APN: 505030-0090