NOT LISTED FOR SALE

3909 Lakeridge Dr E Lake Tapps, WA 98391

Estimated Value: $1,380,000 - $1,941,000

4 Beds
2 Baths
2,764 Sq Ft
$629/Sq Ft Est. Value

Last Sold February 09, 2021

Last sale price $1,600,000 $579 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $10,958/month

22 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 February 2021

This spectacular Lake Tapps Waterfront home captures sweeping views of the lake and Cascade Foothills. Contemporary Custom "Passive Haus" is built to the world's highest energy standards. The home uses 80% less energy revenue than standard construction, triple pane windows & doors made in Europe. Solar panel system power both buildings. The ADU is offered as an Airbnb & has a proven stream of $30k a year w/150+ positive reviews. Amazing entertaining spaces on the covered decks & patio which are wired for heaters. Custom fish friendly dock & bulkhead w/stairs into lake.

Last Listed By

Kim Fraser

eXp Realty License #48561 Listed on: 12/04/2020

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1695348

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,808

Year Built

  • Built in 2018

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Sprinkler System

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Metal Roof
  • Wood Siding
  • Cement Board or Planked

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • RV Access or Parking

Outdoor Features

  • Docks
  • Deck
  • Patio
  • Outbuilding

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Ceramic Tile Flooring
  • 2 Bathrooms
  • Natural lighting in basement

Listing and Financial Details

  • Assessor Parcel Number 5065000430

Community Details

Overview

  • Lakeridge Community

Recreation

  • Community Boat Launch
  • Waterfront Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,808

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2018
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, 2nd Master Br, Wine Cellar, Wired For Generator, Bath Off Master, Ceiling Fan(s), Dining Room, High Tech Cabling, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 2
  • Bathrooms: 3.50
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Lower
  • Basement: Daylight, Fully Finished
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2764
  • Square Footage Finished: 2764

Exterior Features

  • Exterior: Cement Planked, Wood
  • Foundation: Poured Concrete
  • Roof: Metal
  • View: Lake, Mountain, Territorial
  • Waterfront: Bank-Medium, Lake
  • Waterfront Frontage: 70

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Ductless Hp-Mini Split, Hrv/Erv System
  • Power Company: PSE
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: City of Bonney Lake
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Lakeridge
  • Community Features: Boat Launch, Community Waterfront/Pvt Beach, Tennis Courts

Schools

  • Elementary School: Crestwood Elem
  • Middle School: Lakeridge Middle
  • High School: Sumner Snr High
  • School District: SUM

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 21635
  • Lot Topography Vegetation: Level, Sloped, Terraces
  • Parcel Number: 5065000430
  • Zoning Jurisdiction: County
  • Lot Topography: Level, Sloped, Terraces

Tax Info

  • Tax Amount: 12679

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2021
Sold by
Norlin John and Norlin Lindsay
Bought by
Lead With Purpose Llc
Total Days on Market
22
Current Estimated Value
$1,737,175

Purchase Details

Listed on
Dec 4, 2020
Closed on
Feb 2, 2021
Sold by
Foley Kevin L and Tran Susan
Bought by
Norlin John N and Norlin Lindsay A
Seller's Agent
Kim Fraser
eXp Realty
Buyer's Agent
Joshua Meeks
Timber Real Estate
List Price
$1,599,950
Sold Price
$1,600,000
Premium/Discount to List
$50
0.003%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.93%
Original Mortgage
$776,250
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 4, 2020
Closed on
Jan 28, 2021
Sold by
Alexander Harley
Bought by
Kraft Houston
Seller's Agent
Kim Fraser
eXp Realty
Buyer's Agent
Joshua Meeks
Timber Real Estate
List Price
$1,599,950
Sold Price
$1,600,000
Premium/Discount to List
$50
0.003%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$776,250
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2015
Sold by
Foley Kelly J and Foley Lillian K
Bought by
Foley Kevin L and Tran Susan

Purchase Details

Closed on
Jul 23, 2012
Sold by
Foley Thomas K
Bought by
Foley Thomas K and Credit Trust

Purchase Details

Closed on
Jun 12, 2012
Sold by
Foley Thomas K
Bought by
Foley Thomas K and Last Will & Testamenty Of Lillian V Fole

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
Lead With Purpose Llc -- None Available
Norlin John N $1,600,000 First American Title Ins Co
Kraft Houston -- First American Title Company
Foley Kevin L $65,719 Chicago Title
Foley Thomas K -- None Available
Foley Thomas K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Norlin John N $776,250
Previous Owner Foley Kevinl $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2021 02/09/21 Sold $1,600,000 0.0% $579 / Sq Ft
12/26/2020 12/26/20 Pending -- -- --
12/04/2020 12/04/20 For Sale $1,599,950 -- $579 / 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 $14,808 $1,495,100 $759,700 $735,400
2023 $14,808 $1,392,700 $748,800 $643,900
2022 $15,156 $1,454,000 $803,100 $650,900
2021 $13,010 $951,300 $586,000 $365,300
2019 $8,433 $897,200 $542,000 $355,200
2018 $5,668 $652,000 $490,000 $162,000
2017 $5,032 $390,100 $390,100 $0
2016 -- $273,100 $272,300 $800
2014 $4,295 $288,800 $288,000 $800
2013 $4,295 $236,300 $235,600 $700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1695348

Northwest Multiple Listing Service (NWMLS)

APN: 506500-0430