Listed by eXp Realty, Bought with Better Properties Soundview
$1,390,000
SOLD APR 4, 2025

3521 Lakeridge Dr E Lake Tapps, WA 98391

4 Beds
3 Baths
3,160 Sq Ft
0.35 Acres

Recently Sold

$440 Per Sq Ft

7% Below List Price

Highlights

  • 88 Feet of Waterfront
  • Community Boat Launch
  • Deck
  • Crestwood Elementary School Rated A-
  • Bay View
  • Wooded Lot

About This Home

As of April 2025

Discover the wow factor you've been waiting for on Lake Tapps! This stunning 3,200 sq. ft. home features 4 spacious bedrooms and 3 beautifully updated bathrooms. The primary suite boasts a private balcony where you can relax in bed and take in the serene lake views. Completely remodeled, this home offers a modern, open-concept kitchen that seamlessly flows into the living and dining areas. The bright and airy basement is perfect for entertainment. Step outside to a terraced backyard that leads down to the dock, allowing you to enjoy the lake life fully. Additional upgrades include a new roof, electrical panels, and a new AC/furnace. Motivated Seller.

Last Agent to Sell the Property

Sheila Newberry

eXp Realty License #122566 Listed on: 12/07/2024

eXp Realty

Last Buyer's Agent

Boots Swan

Better Properties Soundview License #8994

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2315351

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,153

Year Built

  • Built in 1979

Lot Details

  • 0.35 Acre Lot
  • 88 Feet of Waterfront
  • Lake Front
  • Level Lot
  • Wooded Lot
  • Garden

HOA Fees

  • $45 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Bay
  • Lake
  • Canal

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,160 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Dining Room
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Bathroom on Main Level

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5065000220

Community Details

Overview

  • 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

$9,153

Year Built

Built in 1979

Lot Details

0

HOA Fees

$45 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1979
  • Inclusions: Dishwasher(s),Refrigerator(s),Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 3160
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DetachedDwellingSqFtFinished: 0
  • Special Features: None

Interior Features

  • Fireplaces: 2
  • Basement: Daylight
  • Appliances: Dishwasher(s), Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Interior Amenities: Bath Off Primary, Built-In Vacuum, Double Pane/Storm Window, Dining Room, Fireplace, Walk-In Pantry
  • Living Area: 3160
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Bathrooms: 2.5
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 3160
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Refrigerator(s),Stove(s)/Range(s)
  • FireplacesLower: 1
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Composition
  • View: Bay, Canal, Lake
  • Lot Features: Paved
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • WaterfrontFootage: 88
  • WaterAccess: Beach Rights,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: Public
  • Cooling: Central A/C
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: City of Bonney Lake

Condo/Co-op/Association

  • Community Features: Boat Launch, CCRs, Park
  • Senior Community: No
  • Association Fee: 540
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: Sumner-Bonney Lake
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 5065000220
  • Topography: Level,Sloped
  • Land Lease: No
  • Lot Size Acres: 0.3512
  • Lot Size Sq Ft: 15300
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Patio
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Natural Gas

Tax Info

  • Year: 2024
  • Tax Annual Amount: 9153

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2024
Closed on
Apr 3, 2025
Sold by
Snrae Home Llc
Bought by
Nunley Cindy K
Seller's Agent
Sheila Newberry
eXp Realty
Buyer's Agent
Boots Swan
Better Properties Soundview
List Price
$1,499,900
Sold Price
$1,390,000
Premium/Discount to List
-$109,900
-7.33%
Views
123
Current Estimated Value
$1,376,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,549
Avg. Annual Appreciation
-2.20%
Original Mortgage
$973,000
Outstanding Balance
$970,522
Interest Rate
6.85%
Mortgage Type
VA
Estimated Equity
$405,929

Purchase Details

Listed on
Mar 27, 2024
Closed on
Apr 8, 2024
Sold by
Kallinen Maureen E
Bought by
Snrae Home Llc
Seller's Agent
Eric Kelly
John L. Scott, Inc.
Buyer's Agent
Sheila Newberry
eXp Realty
List Price
$899,950
Sold Price
$1,006,000
Premium/Discount to List
$106,050
11.78%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.04%
Original Mortgage
$1,030,100
Interest Rate
6.88%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 15, 2013
Sold by
Kallinen Maureen E
Bought by
Kallinen Maureen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2004
Sold by
Kallinen Maureen E
Bought by
Kallinen Maureen E and Maureen E Kallinen Living

Purchase Details

Closed on
Sep 9, 1994
Sold by
Waters Robert Patrick
Bought by
Waters Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
8.61%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $1,390,000 Cw Title
Warranty Deed $1,006,000 Ticor Title
Interfamily Deed Transfer -- Puget Sound Title
Interfamily Deed Transfer -- --
Quit Claim Deed -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $973,000 VA
Previous Owner $1,030,100 Construction
Previous Owner $152,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $59,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Sold $1,390,000 -4.1% $440 / Sq Ft
03/11/2025 03/11/25 Pending -- -- --
02/16/2025 02/16/25 Price Changed $1,450,000 -1.7% $459 / Sq Ft
01/09/2025 01/09/25 Price Changed $1,475,000 -1.7% $467 / Sq Ft
12/30/2024 12/30/24 For Sale $1,499,900 0.0% $475 / Sq Ft
12/22/2024 12/22/24 Pending -- -- --
12/07/2024 12/07/24 For Sale $1,499,900 +49.1% $475 / Sq Ft
04/19/2024 04/19/24 Sold $1,006,000 +11.8% $318 / Sq Ft
03/28/2024 03/28/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $899,950 -- $285 / 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 $736 $1,414,200 $803,700 $610,500
2024 $736 $1,233,100 $731,100 $502,000
2023 $736 $1,150,000 $713,500 $436,500
2022 $1,595 $1,205,300 $765,200 $440,100
2021 $1,781 $846,300 $558,400 $287,900
2019 $1,898 $772,900 $489,900 $283,000
2018 $1,954 $703,700 $442,800 $260,900
2017 $2,049 $658,900 $412,400 $246,500
2016 $2,802 $493,300 $287,800 $205,500
2014 $2,960 $499,600 $304,400 $195,200
2013 $2,960 $432,100 $249,100 $183,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2315351

Northwest Multiple Listing Service (NWMLS)

APN: 506500-0220