Listed by Windermere RE/Lake Tapps, Inc, Bought with Better Properties Real Estate
NOT LISTED FOR SALE

2922 199th Ave E Lake Tapps, WA 98391

Estimated Value: $1,550,000 - $2,161,055

5 Beds
4 Baths
5,192 Sq Ft
$375/Sq Ft Est. Value

Last Sold May 02, 2014

Last sale price $645,000 $124 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $11,899/month

57 Days on Market

About This Home

As of May 2014

New price reduction, 01/30/14! Tapps Island Western Exposure Waterfront. 5 bedroom 3.5 bath home will be large enough for everyone or able to host large gatherings. The upper floor is all master suite w/fireplace & den. Great summer, lake & winter, resort living w/downtown Seattle & local ski areas under an hour away. This gated community is served by 7 miles of private bike paths & walking trails, golf, tennis & club house pool. Don't miss out of this truly one of a kind home.

Last Agent to Sell the Property

Jim Wagner

Windermere RE/Lake Tapps, Inc License #27314 Listed on: 12/12/2013

Windermere RE/Lake Tapps, Inc

Last Buyer's Agent

Rod Britten

Better Properties Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM573499

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$18,846

Year Built

1987

Lot Details

0

Listing Details

  • Condition: Good
  • Sq Ft Finished: 5192
  • Form 17: Exempt
  • Special Features: 20
  • Year Built: 1987

Interior Features

  • Appliances: Dishwasher, Double Oven, Microwave, Refrigerator
  • Fireplaces: 3
  • Basement: Daylight, Fully Finished
  • Features: Wet Bar, Wired for Generator, Bath Off Master, Double Pane/Storm Window, Dining Room, Fireplace in Master Bedroom, French Doors, Security System, Vaulted Ceilings, Walk-in Closet
  • Fireplaces: 3
  • Floor: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Water Heater Location: Closet-Electric

Exterior Features

  • Roof: Metal
  • Community Features: Boat Launch, CCRs, Clubhouse, Golf Course, Private Beach Access, Tennis Courts
  • Exterior: Brick, Wood
  • Foundation: Poured Concrete
  • Lot Details: Paved Street
  • Pool: Community
  • Roof: Metal
  • Site Features: Cable TV, Deck, Dock, Natural Gas Available, High Speed Internet, Hot Tub/Spa, Moorage, Patio, Sprinkler System
  • View: Golf Course, Lake
  • Waterfront: Lake
  • Construction: SF
  • Lot Topography: Level, Partial Slope, Terraces

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Spaces: 3

Utilities

  • Cooling: Forced Air, Insert
  • Heating: Forced Air, Insert, Stove/Free Standing
  • Appliances: Dishwasher, Double Oven, Microwave, Refrigerator
  • Heating and Cooling: Forced Air, Heat Pump, Insert, Free Standing Stove
  • Power Company: PSE
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Tapps Island
  • Water Source: Shared Well

Condo/Co-op/Association

  • HOA Fees: 185
  • HOA Fee Frequency: Annual

Schools

  • School District: DGR
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2013
Closed on
Apr 3, 2014
Sold by
Bank Of America Na
Bought by
Britten Rodney F and Britten Becky L
Seller's Agent
Jim Wagner
Windermere RE/Lake Tapps, Inc
Buyer's Agent
Rod Britten
Better Properties Real Estate
List Price
$767,900
Sold Price
$645,000
Premium/Discount to List
-$122,900
-16%
Current Estimated Value
$1,948,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,303,014
Avg. Annual Appreciation
10.77%
Original Mortgage
$516,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 30, 2013
Sold by
Burdine Kermitt and Burdine Lisa
Bought by
Bank Of America Na

Purchase Details

Closed on
Mar 8, 2005
Sold by
Johnson Delane E
Bought by
Burdine Kermitt and Burdine Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 1998
Sold by
Robinson Don H
Bought by
Johnson Delane E and Johnson Joyce G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.87%
Source: Public Records

Range of Values:

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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
Britten Rodney F $644,719 Fidelity National Title Comp
Bank Of America Na $822,002 1St Am
Burdine Kermitt $850,000 Ticor
Johnson Delane E $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Britten Rodney F $516,000
Previous Owner Burdine Kermitt $650,000
Previous Owner Johnson Delane E $550,000
Closed Burdine Kermitt $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2014 05/02/14 Sold $645,000 +0.8% $124 / Sq Ft
02/08/2014 02/08/14 Pending -- -- --
01/30/2014 01/30/14 Price Changed $639,900 -8.6% $123 / Sq Ft
01/14/2014 01/14/14 Price Changed $699,900 -8.9% $135 / Sq Ft
12/12/2013 12/12/13 For Sale $767,900 -- $148 / 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 $18,846 $2,020,900 $804,100 $1,216,800
2024 $18,846 $1,904,500 $763,000 $1,141,500
2023 $18,846 $1,890,400 $789,700 $1,100,700
2022 $16,865 $1,822,700 $763,000 $1,059,700
2021 $16,152 $1,233,200 $532,400 $700,800
2019 $13,454 $1,092,600 $460,300 $632,300
2018 $15,298 $1,050,700 $421,700 $629,000
2017 $13,436 $982,500 $388,000 $594,500
2016 $12,656 $915,800 $349,400 $566,400
2014 $10,536 $796,000 $294,000 $502,000
2013 $10,536 $667,800 $231,300 $436,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM573499

Northwest Multiple Listing Service (NWMLS)

APN: 899602-0830