Listed by COMPASS, Bought with Best Choice Realty LLC
NOT LISTED FOR SALE

3705 Lakeridge Dr E Lake Tapps, WA 98391

Estimated Value: $1,115,000 - $1,318,000

3 Beds
3 Baths
2,055 Sq Ft
$597/Sq Ft Est. Value

Last Sold July 17, 2017

Last sale price $747,000 $364 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $7,381/month

12 Days on Market

Highlights

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

About This Home

As of July 2017

Perfectly positioned on the shores of Lake Tapps, experience an inventive blending of contemporary elegance w/unique architecture of modern conveniences. Taking advantage of the positioning on the lake, this impressive home boasts a stunning water view through a wall of windows, offering a bright, light filled space. The home features many desirable appointments including Bosch DW/Viking Range Hood, Hansgrohe Faucet & a private back patio & deck + enjoy access to Jenks Park boat launch and park!

Last Agent to Sell the Property

Brian Hopper

COMPASS License #24639 Listed on: 05/26/2017

COMPASS

Last Buyer's Agent

Sheryl McLaren

Best Choice Realty LLC License #112997

Best Choice Realty LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1131604

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,460

Year Built

  • Built in 2005

Lot Details

  • Partially Fenced Property

Parking

  • RV Access or Parking

Property Views

  • Lake
  • Mountain

Home Design

  • Poured Concrete
  • Metal Roof
  • Cement Board or Planked
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 1 Fireplace
  • Concrete Flooring
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deck
  • Patio

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5065000320

Community Details

Overview

  • Lake Tapps Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Boat Launch
  • Waterfront Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,460

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Homebuilder: Concept Builders Inc.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, Wet Bar, Wired For Generator, Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, French Doors, High Tech Cabling, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Concrete
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 2
  • Bathrooms: 2.50
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Fully Finished
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2055
  • Square Footage Finished: 2055

Exterior Features

  • Exterior: Cement Planked, Metal/Vinyl, Wood Products
  • Foundation: Poured Concrete
  • Roof: Metal
  • View: Lake, Mountain
  • Waterfront: Bank-Medium, Lake
  • Waterfront Frontage: 66approx

Utilities

  • Heating And Cooling: Radiant
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: City of Bonney Lake
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Lake Tapps
  • Project: Lake Ridge
  • Community Features: Boat Launch, Ccrs, Community Waterfront/Pvt Beach, Tennis Courts

Schools

  • School District: SUM

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 13600
  • Parcel Number: 5065000320
  • Zoning Jurisdiction: County

Tax Info

  • Tax Amount: 6681

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2019
Sold by
Dunn Matthew T and Dunn Megan
Bought by
Dunn Matthew T and Dunn Megan
Current Estimated Value
$1,227,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 26, 2017
Closed on
Jul 14, 2017
Sold by
Schaafsma Joseph D
Bought by
Dunn Matthew T and Slater Megan N
Seller's Agent
Brian Hopper
COMPASS
Buyer's Agent
Sheryl McLaren
Best Choice Realty LLC
List Price
$784,950
Sold Price
$747,000
Premium/Discount to List
-$37,950
-4.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
Original Mortgage
$597,600
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2005
Sold by
Laney Kevin E
Bought by
Schaafsma Joseph D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,400
Interest Rate
6.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 15, 2003
Sold by
Olmsted Patricia Helen
Bought by
Laney Kevin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
5.96%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 15, 1998
Sold by
Olmsted Joseph Carl
Bought by
Olmsted Patricia Helen

Purchase Details

Closed on
Aug 31, 1994
Sold by
Alger Lance G
Bought by
Jones Bonnie K and Dann Bonnie K

Purchase Details

Closed on
Dec 4, 1993
Sold by
Jones Gordon V
Bought by
Jones Bonnie K and Dann Bonnie K

Purchase Details

Closed on
Oct 12, 1967
Sold by
Lake Tapps Development Co Inc
Bought by
Alger Lance G
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 Buyer Sale Price Title Company
Dunn Matthew T -- Unisource
Dunn Matthew T $746,719 F A T C O
Schaafsma Joseph D $210,000 Rtc
Laney Kevin E $159,000 Commonwealth
Olmsted Patricia Helen -- --
Jones Bonnie K -- Chicago Title
Jones Bonnie K -- Ticor Title Insurance
Alger Lance G -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunn Matthew T $575,000
Closed Dunn Matthew T $597,600
Previous Owner Schaafsma Joseph D $277,400
Previous Owner Laney Kevin E $139,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2017 07/17/17 Sold $747,000 -4.8% $364 / Sq Ft
06/08/2017 06/08/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $784,950 -- $382 / 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 $10,460 $1,150,500 $670,500 $480,000
2024 $10,460 $1,068,500 $601,700 $466,800
2023 $10,460 $989,500 $581,400 $408,100
2022 $10,808 $1,035,700 $623,600 $412,100
2021 $9,796 $721,500 $455,000 $266,500
2019 $7,942 $667,700 $408,600 $259,100
2018 $7,631 $613,400 $369,300 $244,100
2017 $6,682 $518,700 $343,900 $174,800
2016 $5,875 $384,200 $240,100 $144,100
2014 $5,019 $392,100 $253,900 $138,200
2013 $5,019 $335,900 $207,700 $128,200
Source: Public Records

Agents Affiliated with this Home

  • Brian Hopper

    Seller's Agent in 2017

    Brian Hopper

    COMPASS

    (425) 201-5115

    1 in this area

    156 Total Sales

    Brian Hopper
    Section Image
  • Sheryl McLaren

    Buyer's Agent in 2017

    Sheryl McLaren

    Best Choice Realty Brokerage

    (253) 370-7554

    112 Total Sales

    Sheryl McLaren
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1131604

Northwest Multiple Listing Service (NWMLS)

APN: 506500-0320

Washington Pierce County Lake Tapps 98391

3705 Lakeridge Dr E, Lake Tapps, WA

This home is located at 3705 Lakeridge Dr E, Lake Tapps, WA 98391 since 26 May 2017 and is currently estimated at $1,227,698, approximately $597 per square foot. This property was built in 2005. 3705 Lakeridge Dr E is a home located in Pierce County with nearby schools including Crestwood Elementary School, Lakeridge Middle School, and Sumner High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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