Listed by eXp Realty, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

3509 Lakeridge Dr E Lake Tapps, WA 98391

Estimated Value: $1,230,000 - $1,520,000

3 Beds
3 Baths
2,540 Sq Ft
$530/Sq Ft Est. Value

Last Sold September 22, 2022

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

Est. 12% increase in value since last sale

Current estimated payment $8,034/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 Agent to Sell the Property

Cindy Harris

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

eXp Realty

Co-Listed By

Leslie Miller

eXp Realty License #135057

Last Buyer's Agent

Brent Trummert

John L. Scott, Inc. License #51522

John L. Scott, Inc.

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

0.54 Acres

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

Interior Features

  • Fireplaces: 2
  • Basement: Daylight, Finished
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • 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
  • BathsFullMain: 2
  • SquareFootageFinished: 2540
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer

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
  • 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%
Current Estimated Value
$1,346,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,530
Avg. Annual Appreciation
3.45%
Original Mortgage
$248,000
Outstanding Balance
$225,886
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$1,120,644

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%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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 $240,000
Previous Owner Eliason Kevin $240,000
Closed Larson Norman E $66,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $12,753 $1,329,900 $897,700 $432,200
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

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1975633

Northwest Multiple Listing Service (NWMLS)

APN: 506500-0190

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