NOT LISTED FOR SALE

3505 197th Avenue Ct E Lake Tapps, WA 98391

Estimated Value: $1,009,000 - $1,144,311

3 Beds
2.5 Baths
3,247 Sq Ft
$331/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $990,000 $305 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,040/month

99 Days on Market

Highlights

  • Golf Course Community
  • Community Boat Launch
  • Deck
  • Dieringer Heights Elementary School Rated A-
  • Clubhouse
  • Territorial View

About This Home

As of March 2024

This 2-story home is located on Tapps Island with all the feeling of a small town of 545 home sites – club house with restaurant, swimming pool w/summer lessons, pickle ball & tennis courts, walking trails, golf course, boat launch, community events and more. Home has 3,247+ sq ft w/open entry area, updated kitchen open to family room, dining room, sun-filled living room and big office on main level. Upper level has a primary suite w/spa bath, 2 BR, office/den, bonus room, full bath and utility room. A gently sloping fenced back yard is anchored by spacious wooden deck and 10 ft x 12 ft gazebo on concrete patio for entertaining. Take time to enjoy the attached virtual tour for a taste of summer!

Last Agent to Sell the Property

Amanda Marques

TPMS Realty LLC License #21036576 Listed on: 11/14/2023

Co-Listed By

PJ McGuire

Coldwell Banker Bain License #9152

Last Buyer's Agent

Nelson Snook

Coldwell Banker Bain License #20112898

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2178395

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,982

Year Built

  • Built in 1991

Lot Details

  • 0.31 Acre Lot
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System
  • Property is in good condition

HOA Fees

  • $261 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 3,247 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Gas Fireplace
  • Dining Room
  • Territorial Views

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Gazebo

Utilities

  • Forced Air Heating System
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 123
  • Assessor Parcel Number 8996031230

Community Details

Overview

  • Zaran Sayre Cassandra Association
  • Tapps Island Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Community Boat Launch
  • Golf Course Community
  • Sport Court
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,982

Year Built

Built in 1991

Lot Details

0

HOA Fees

$261 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1991
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Tapps Island #3
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 3247
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 535

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Bath Off Primary, Dining Room, Fireplace, Water Heater
  • Living Area: 3247
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 3247
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 1
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Cement/Concrete
  • Property Condition: Good
  • Structure Type: House
  • WaterAccess: Community Waterfront/Pvt Beach

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • WaterCompany: Tapps Island
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: Athletic Court, Boat Launch, CCRs, Club House, Golf, Park, Playground
  • Senior Community: No
  • Association Fee: 261
  • Association Fee Frequency: Monthly
  • Association: Yes
  • AssociationContactName: Zaran Sayre - Cassandra

Schools

  • Junior High Dist: Dieringer

Lot Info

  • Parcel Number: 8996031230
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.3099
  • Lot Size Sq Ft: 13500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cabana/Gazebo,Deck,Fenced-Fully,Sprinkler System
  • MLSLotSizeSource: Tax Records
  • MLSSquareFootageSource: Tax Records
  • LotNumber: 123

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 8982

Multi Family

  • EnergySource: Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2023
Closed on
Mar 25, 2024
Sold by
Jernquist Michael and Jernquist Heather
Bought by
Grandon Emily and Grandon Austin
Seller's Agent
Amanda Marques
TPMS Realty LLC
Buyer's Agent
Nelson Snook
Coldwell Banker Bain
List Price
$1,075,000
Sold Price
$990,000
Premium/Discount to List
-$85,000
-7.91%
Total Days on Market
99
Views
236
Current Estimated Value
$1,074,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,828
Avg. Annual Appreciation
7.15%
Original Mortgage
$938,966
Outstanding Balance
$928,727
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$146,101

Purchase Details

Closed on
Oct 4, 2017
Sold by
Hpa Borrower 2016-1 Llc
Bought by
Jemquist Michael and Jemquist Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,250
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2016
Sold by
Hp Washington I Llc
Bought by
Hpa Borrower 2016-1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,883,292
Interest Rate
3.97%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Feb 19, 2015
Closed on
Mar 26, 2015
Sold by
Nemeth Amanda D and Nemeth Stephen C
Bought by
Hp Washington I Llc
Seller's Agent
Kim Fraser
eXp Realty
Buyer's Agent
Bill Breon
Coldwell Banker Bain
List Price
$525,000
Sold Price
$520,000
Premium/Discount to List
-$5,000
-0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%

Purchase Details

Listed on
Jun 25, 2013
Closed on
Sep 23, 2013
Sold by
Dempsey Danita
Bought by
Nemeth Stephen C and Nemeth Amanda D
Seller's Agent
Karla Wagner
John L. Scott R.E. Lake Tapps
Buyer's Agent
Kim Fraser
eXp Realty
List Price
$400,000
Sold Price
$382,250
Premium/Discount to List
-$17,750
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.77%
Original Mortgage
$305,800
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2005
Sold by
Maclauchlan Charles R
Bought by
Bailey Arden D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac
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
Grandon Emily $990,000 Chicago Title
Jemquist Michael $626,748 Stewart Title
Hpa Borrower 2016-1 Llc -- Stewart Title Guaranty Co
Hp Washington I Llc $519,719 Stewart Title Company
Nemeth Stephen C $382,250 Chicago Title Company
Bailey Arden D $465,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grandon Emily $938,966
Previous Owner Jernquist Michael $156,000
Previous Owner Jernquist Michael $577,300
Previous Owner Jemquist Michael $592,250
Previous Owner Hpa Borrower 2016-1 Llc $508,883,292
Previous Owner Nemeth Stephen C $305,800
Previous Owner Bailey Arden D $347,400
Previous Owner Bailey Arden D $353,678
Previous Owner Bailey Arden D $369,000
Previous Owner Maclauchlan Charles R $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $990,000 -3.4% $305 / Sq Ft
02/21/2024 02/21/24 Pending -- -- --
02/08/2024 02/08/24 Price Changed $1,025,000 -4.7% $316 / Sq Ft
11/14/2023 11/14/23 For Sale $1,075,000 +106.7% $331 / Sq Ft
03/27/2015 03/27/15 Sold $520,000 -1.0% $146 / Sq Ft
02/26/2015 02/26/15 Pending -- -- --
02/19/2015 02/19/15 For Sale $525,000 +37.3% $148 / Sq Ft
09/27/2013 09/27/13 Sold $382,250 -4.4% $108 / Sq Ft
08/16/2013 08/16/13 Pending -- -- --
06/25/2013 06/25/13 For Sale $400,000 -- $113 / 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 $8,956 $981,500 $371,300 $610,200
2023 $8,956 $889,700 $363,600 $526,100
2022 $9,206 $905,700 $354,100 $551,600
2021 $8,879 $672,500 $247,500 $425,000
2019 $7,806 $622,700 $218,900 $403,800
2018 $8,616 $605,100 $211,900 $393,200
2017 $7,402 $549,500 $178,100 $371,400
2016 $6,828 $455,900 $133,500 $322,400
2014 $6,195 $426,100 $115,700 $310,400
2013 $6,195 $349,800 $83,700 $266,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2178395

Northwest Multiple Listing Service (NWMLS)

APN: 899603-1230