NOT LISTED FOR SALE

3509 Lakeridge Dr E Lake Tapps, WA 98391

Estimated Value: $1,239,000 - $1,481,000

3 Beds
3 Baths
2,540 Sq Ft
$522/Sq Ft Est. Value

Last Sold September 22, 2022

Last sale price $1,200,000 $472 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $8,517/month

22 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • RV Access or Parking
  • Crestwood Elementary School Rated A-
  • Community Boat Launch
  • Lake View

About This Home

As of September 2022

Amazing low-bank waterfront property on Lake Tapps! You do not want to miss out on this 3 bed, 2.75 bath, 2540 sqft home located in a cove on the lake! Main floor feat the light & bright kitchen w/ granite countertops, plenty of cabinets space including glass front display, SS appliance (gas range), new laminate hardwoods, oversized windows/skylights to let all the light in, guest bed & full bathroom! Primary bedroom w/ attached remodeled bath, walk-in closet, & access to the updated wrap around deck with beautiful views of the lake! Downstairs feat 2nd living area, bedroom, bathroom, & large office! Spacious backyard w/ separate patio area by the boat & double jet ski docks! The extra-long driveway is perfect for your cars, toys, & guests!

Last Listed By

Cindy Harris

eXp Realty License #72779 Listed on: 07/28/2022

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1975633

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,372

Year Built

  • Built in 1970

Lot Details

  • 0.54 Acre Lot
  • Low Bank Waterfront Property
  • 110 Feet of Waterfront
  • Lake Front
  • Property is Fully Fenced
  • Sloped Lot

HOA Fees

  • $35 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,540 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • French Doors
  • Dining Room
  • Lake Views
  • Finished Basement
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway
  • RV Access or Parking

Outdoor Features

  • Docks
  • Deck
  • Patio

Schools

  • Crestwood Elementary School
  • Lakeridge Middle School
  • Sumner Snr High School

Utilities

  • Heat Pump System
  • Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 506500-019-0

Community Details

Overview

  • West Tapps Maintenance Association
  • Secondary HOA Phone (253) 891-2729
  • Lake Tapps Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Boat Launch
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,372

Year Built

Built in 1970

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1970
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Lake Tapps Lakeridge
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2540
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,001

Interior Features

  • Fireplaces: 2
  • Basement: Daylight, Finished
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Forced Air, Heat Pump, Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, French Doors, Vaulted Ceiling(s), Walk-In Pantry, Water Heater
  • Living Area: 2540
  • Main Level Bedrooms: 2
  • Bathrooms: 2.75
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 2540
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer
  • FireplacesLower: 1

Exterior Features

  • Roof: Composition
  • View: Lake
  • Lot Features: Paved
  • View: Yes
  • Waterfront Features: Bank-Low, Lake
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • WaterfrontFootage: 110

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Septic System, Electricity Available, Natural Gas Connected, See Remarks
  • HeatingCoolingType: Forced Air,Heat Pump
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: City of Bonney Lake
  • WaterHeaterLocation: Downstairs
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Boat Launch, CCRs, Park
  • Senior Community: No
  • Association Fee: 425
  • Association Fee Frequency: Annually
  • Phone: 253-891-2729
  • Association: Yes
  • AssociationContactName: West Tapps Maintenance

Schools

  • Junior High Dist: Sumner-Bonney Lake
  • High School: Sumner Snr High
  • Middle Or Junior School: Lakeridge Middle

Lot Info

  • Parcel Number: 506500-019-0
  • Topography: PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.5425
  • Lot Size Sq Ft: 23631
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dock,Fenced-Fully,Gas Available,High Speed Internet,Patio,RV Parking
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • LotNumber: 19

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 13372.39

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Crestwood Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2022
Closed on
Sep 13, 2022
Sold by
Larson Kimberly A
Bought by
Maygra Sean Christian and Maygra Susan Yvonne
Seller's Agent
Cindy Harris
eXp Realty
Buyer's Agent
Brent Trummert
John L. Scott, Inc.
List Price
$1,300,000
Sold Price
$1,200,000
Premium/Discount to List
-$100,000
-7.69%
Total Days on Market
22
Current Estimated Value
$1,325,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,400
Avg. Annual Appreciation
2.67%
Original Mortgage
$248,000
Outstanding Balance
$229,831
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$1,058,126

Purchase Details

Closed on
Jul 27, 1999
Sold by
Eliason Kevin
Bought by
Larson Norman E and Larson Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.64%

Purchase Details

Closed on
Oct 23, 1995
Sold by
Eliason Iver B and Eliason Camille J
Bought by
Eliason Kevin and Eliason Kristin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.5%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in the area

  • 3515 W Tapps Dr E, Lake Tapps, WA 98391

    $939,950

    • 5 Beds
    • 2 Baths
    • 2,112 Sq Ft
    • 3515 W Tapps Dr E
    • Lake Tapps, WA

    This 2-story home is within walking distance of Lake Tapps, has five bedrooms, and two baths. There are two complete units, each with a full kitchen, living room, bedrooms & 1 bathroom. Each has its own wood-burning fireplace. Built in 1982, completely remodeled recently with a heat pump for heating and air conditioning. Totally fenced with security gate, landscaped with/ RV parking & oversized

    Jody McNamer Better Properties Valley Assoc

    Section Image
  • 4804 W Tapps Dr E, Lake Tapps, WA 98391

    $1,185,000

    • 3 Beds
    • 3 Baths
    • 2,120 Sq Ft
    • 4804 W Tapps Dr E
    • Lake Tapps, WA

    Luxury waterfront home in peaceful, rustic setting on Hidden Lake. 3 BD + Ofc. Custom build w/open concept 10 ft ceilings, 8 ft drs, & 30-yr waterproof laminate flr. Sliding drs showcase the natural beauty & lake views. Low maint Trex decks w/waterproof pine ceilings extend living space. High-end SS kitchen appliances w/large Dekton island. Living rm has Dekton-wrapped gas fireplace. Home sits

    Diane Pust Van Dorm Realty, Inc

    Section Image
  • 16320 25th St E, Lake Tapps, WA 98391

    $1,386,000

    • 5 Beds
    • 3.5 Baths
    • 4,273 Sq Ft
    • 16320 25th St E
    • Lake Tapps, WA

    Discover this Resale five bedroom basement Mainvue Homes at Lakeland Ridge. Step into the foyer and you'll be greeted by a private home office and a multi-purpose room.The gourmet kitchen impresses with 3cm Quartz countertops, KitchenAid appliances, sleek European frameless cabinets, and a Grand Butler’s Pantry. Three wall-height sliding glass doors connect the Great Room, Dining area, and

    Xueying Hu Kelly Right RE of Seattle LLC

    Section Image
  • 16221 27th St E, Bonney Lake, WA 98391

    $973,995

    • 5 Beds
    • 3 Baths
    • 2,982 Sq Ft
    • 16221 27th St E
    • Bonney Lake, WA

    The Birch by MainVue Homes at Lakeland Ridge is rich in style and flexibility. Beyond the chic wood and glass paneled front door and down the wide Foyer, arrive at a Study Nook; the perfect space for projects or studying. Next up, the flexible multi-purpose room with plush carpeting, and a soaring two-story Great Room. The Gourmet Kitchen has 3cm Quartz Counters, a window splashback, Stainless

    Sonna Stanton Teambuilder KW

    Section Image
  • 16206 25th St E, Lake Tapps, WA 98391

    $1,374,995

    • 5 Beds
    • 3.5 Baths
    • 4,273 Sq Ft
    • 16206 25th St E
    • Lake Tapps, WA

    The Azalea by MainVue Homes at Lakeland Ridge community is a five bedroom basement home design that inspires innovation. At the Foyer you are greeted by the Home Office and Multi-Purpose Room. The Gourmet Kitchen features 3cm Quartz counters, Stainless Steel appliances and Frameless Cabinetry and Grand Butler’s Pantry. The Signature Outdoor Room is accessed via three wall-height sliding glass

    Manpreet Sandurya Teambuilder KW

    Section Image
  • 16202 25th St E, Lake Tapps, WA 98391

    $1,064,995

    • 4 Beds
    • 2.5 Baths
    • 2,694 Sq Ft
    • 16202 25th St E
    • Lake Tapps, WA

    The Iris by MainVue Homes at Lakeland Ridge community infuses the essence of nature and maximizes creative space. Enter through the Foyer and find a unique L-shaped design, drawing you past an elegant Powder Room with pendant lighting and into Great Room, Dining and Gourmet kitchen where you can relish in Luxury Inclusions such as luxurious nine bulb Dining room chandelier, Stainless Steel

    Sonna Stanton Teambuilder KW

    Section Image
  • 2401 Tacoma Point Dr E, Lake Tapps, WA 98391

    $1,395,000

    • 3 Beds
    • 2 Baths
    • 2,352 Sq Ft
    • 2401 Tacoma Point Dr E
    • Lake Tapps, WA

    Incredible opportunity in the sought-after Tacoma Point community. This rare low-bank Lake Tapps property offers 105 feet of prime waterfront with expansive lake views and stunning Mount Rainier vistas. The main home exudes charm with 1,536 sq. ft. of living space. Outdoor living shines with two docks for your lake toys, a private boat launch, and a covered boat slip with a view balcony perfect

    Kim Fraser eXp Realty

    Section Image
  • 1412 Lot 4 180th Avenue Ct E, Lake Tapps, WA 98391

    $1,379,900

    • 4 Beds
    • 3.5 Baths
    • 3,379 Sq Ft
    • 1412 Lot 4 180th Avenue Ct E
    • Lake Tapps, WA

    Award Winning Garrette Custom Homes beloved Cascade plan on this 1.17acre site in coveted Dieringer School District! A 4 Home Acreage Community of GCH homes. 4123 sq ft, Open Concept Great Room with Extra Large Windows for Added Light, Luxurious Primary Suite with Over Size Walk In Closet + 2 other BRs on Main floor, Gourmet Kitchen with Double Ovens. This home is PreSale- Still have the

    Tamara Harris GCH Puget Sound, Inc.

    Section Image
  • 1402 180th Ave E, Lake Tapps, WA 98391

    $1,165,000

    • 5 Beds
    • 4.5 Baths
    • 3,670 Sq Ft
    • 1402 180th Ave E
    • Lake Tapps, WA

    Tucked at the end of a private cul-de-sac, this stunning 5 bed, 4.5 bath custom Craftsman on shy of an acre lot offers luxury, comfort, & smart functionality. Designed with high end finishes through out; Brazilian cherry hardwoods, solid wood doors, granite countertops & vaulted great room with an oversized modern fireplace. There's fresh interior paint throughout. Each bedroom has its own

    Mia Robinson Best Choice Realty LLC

    Section Image

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
Maygra Sean Christian -- Chicago Title
Larson Norman E $340,000 --
Eliason Kevin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maygra Sean Christian $248,000
Open Maygra Sean Christian $891,250
Previous Owner Larson Norman E $262,900
Previous Owner Larson Norma E $29,000
Previous Owner Larson Norman E $300,000
Previous Owner Larson Norman E $240,000
Previous Owner Eliason Kevin $240,000
Closed Larson Norman E $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2022 09/22/22 Sold $1,200,000 0.0% $472 / Sq Ft
08/19/2022 08/19/22 Pending -- -- --
08/16/2022 08/16/22 Price Changed $1,200,000 -4.0% $472 / Sq Ft
08/10/2022 08/10/22 Price Changed $1,250,000 -3.8% $492 / Sq Ft
07/28/2022 07/28/22 For Sale $1,300,000 -- $512 / 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 $12,753 $1,274,500 $837,000 $437,500
2023 $12,753 $1,209,800 $816,900 $392,900
2022 $13,372 $1,272,800 $876,100 $396,700
2021 $12,198 $901,300 $639,300 $262,000
2019 $10,096 $860,600 $605,800 $254,800
2018 $10,754 $782,700 $547,600 $235,100
2017 $9,424 $734,800 $509,900 $224,900
2016 $8,261 $541,200 $355,900 $185,300
2014 $7,505 $554,500 $376,500 $178,000
2013 $7,505 $473,300 $308,000 $165,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1975633

Northwest Multiple Listing Service (NWMLS)

APN: 506500-0190