NOT LISTED FOR SALE

3913 Lakeridge Dr E Lake Tapps, WA 98391

Estimated Value: $1,790,000 - $1,925,000

3 Beds
4 Baths
3,857 Sq Ft
$481/Sq Ft Est. Value

Last Sold February 08, 2024

Last sale price $1,813,000 $470 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $11,183/month

Highlights

  • 73 Feet of Waterfront
  • Docks
  • Second Kitchen
  • Crestwood Elementary School Rated A-
  • Community Boat Launch
  • Spa

About This Home

As of February 2024

73' East-facing Resort-style Tropical Oasis. Gated entry opens to lush gardens that line driveway. Tranquil water fountain creates perfect ambiance to soaring entry w/extensive stonework. Impeccable architectural details adorned w/Chihuly chandeliers, complementing the vaulted ceilings. French doors open to Luxurious Primary suite w/fireplace & sauna. Seamless floor plan leads to living rm w/wet-bar & Hawaiian-inspired Koa recessed ceilings. Opens to Lg deck w/surround sound & sweeping Lake views. Gourmet Kitchen w/quartz & SS appliances. Downstairs to 2nd kitchen, living rm & theater room w/recliners. Full bath & 2-beds w/french doors to pvt patios. Grotto-style hot tub & Built-in BBQ area. 3-boat slips & sun deck at the water's edge.

Last Agent to Sell the Property

Kimber Lee

John L. Scott R.E. Lake Tapps License #8501 Listed on: 02/08/2024

John L. Scott R.E. Lake Tapps

Co-Listed By

Bryce Lee

John L. Scott R.E. Lake Tapps License #20109492

Last Buyer's Agent

Kimber Lee

John L. Scott R.E. Lake Tapps License #8501 Listed on: 02/08/2024

John L. Scott R.E. Lake Tapps

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2198963

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,687

Year Built

  • Built in 1994

Lot Details

  • 0.49 Acre Lot
  • 73 Feet of Waterfront
  • Lake Front
  • Northeast Facing Home
  • Gated Home
  • Partially Fenced Property
  • Terraced Lot
  • Sprinkler System
  • Garden
  • Property is in very good condition

HOA Fees

  • $35 Monthly HOA Fees

Property Views

  • Lake
  • Mountain
  • Territorial
  • Limited

Home Design

  • Composition Roof
  • Stone Siding
  • Cement Board or Planked

Interior Spaces

  • 3,857 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Skylights
  • 3 Fireplaces
  • Gas Fireplace
  • French Doors
  • Sauna
  • Dryer
  • Finished Basement

Kitchen

  • Second Kitchen
  • Walk-In Pantry
  • Double Oven
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Slate Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub
  • Spa Bath

Home Security

  • Home Security System
  • Storm Windows

Parking

  • 2 Parking Spaces
  • Detached Carport Space
  • Driveway
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Spa
  • Bulkhead
  • Docks
  • Deck
  • Patio

Utilities

  • High Efficiency Air Conditioning
  • Central Air
  • Ductless Heating Or Cooling System
  • High Efficiency Heating System
  • Heating System Mounted To A Wall or Window
  • Smart Home Wiring
  • Tankless Water Heater
  • Septic Tank
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5065000440

Community Details

Overview

  • Lakeridge Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Boat Launch
  • Sport Court
  • Community Playground
  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,687

Year Built

Built in 1994

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: 1994
  • Inclusions: Dishwasher,DoubleOven,Dryer,Microwave,Refrigerator,SeeRemarks,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: See Remarks
  • Building Name: Lakeridge Dr / W Tapps
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 3857
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None

Interior Features

  • Fireplaces: 3
  • Basement: Finished
  • Private Spa: Yes
  • Appliances: Dishwasher, Double Oven, Dryer, Microwave, Refrigerator, See Remarks, Stove/Range
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Slate, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet, Second Kitchen, Bath Off Primary, Double Pane/Storm Window, Fireplace (Primary Bedroom), French Doors, High Tech Cabling, Hot Tub/Spa, Jetted Tub, Sauna, Security System, Skylight(s), SMART Wired, Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Wet Bar, Fireplace
  • Living Area: 3857
  • Main Level Bedrooms: 1
  • Bathrooms: 3
  • BathsFullMain: 1
  • FireplacesMain: 2
  • SquareFootageFinished: 3857
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 1
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Microwave,Refrigerator,See Remarks,Stove/Range
  • FireplacesLower: 1
  • NWM_NumberOfBathtubs: 3
  • NWM_NumberOfShowers: 4

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s), Partial, See Remarks, Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront Features: Bank-Medium, Bulkhead, Lake
  • Waterfront: Yes
  • Direction Faces: Northeast
  • Exterior Features: Cement Planked, See Remarks, Stone
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: false
  • WaterfrontFootage: 73

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: 90%+ High Efficiency, Central A/C, Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Ductless HP-Mini Split, Tankless Water Heater, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: City of Bonney Lake
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Community Features: Athletic Court, Boat Launch, CCRs, Gated, Park, Playground
  • Senior Community: No
  • Association Fee: 35
  • Association Fee Frequency: Monthly
  • 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: 5065000440
  • Topography: PartialSlope,Terraces
  • Land Lease: No
  • Lot Size Acres: 0.4865
  • Lot Size: 73*304*69*294
  • Lot Size Sq Ft: 21194
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dock,Fenced-Partially,Gas Available,Gated Entry,High Speed Internet,Hot Tub/Spa,Irrigation,Patio,RV Parking,Sprinkler System
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2024
  • Tax Annual Amount: 15687

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Feb 1, 2024
Sold by
Carl Kevin D
Bought by
3913 Lakeridge Trust and Rudkin
Seller's Agent
Kimber Lee
John L. Scott R.E. Lake Tapps
Buyer's Agent
Kimber Lee
John L. Scott R.E. Lake Tapps
List Price
$1,813,000
Sold Price
$1,813,000
Views
4
Current Estimated Value
$1,856,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,105
Avg. Annual Appreciation
-1.65%
Original Mortgage
$977,500
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2008
Sold by
Palomarez Joe and Palomarez Kim Michelle
Bought by
Carl Kevin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,500
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 2003
Sold by
Torgerson Mark L
Bought by
Palomarez Joe and Palomarez Kim Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,600
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 1994
Sold by
Ratzburg William and Wold Carol
Bought by
Torgerson Mark L and Torgerson Mimi M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,150
Interest Rate
7.24%
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
3913 Lakeridge Trust $1,813,000 Fidelity National Title
Carl Kevin D $835,000 None Available
Palomarez Joe $484,500 Puget Sound Title Company
Torgerson Mark L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3913 Lakeridge Trust $977,500
Previous Owner Carl Kevin D $567,500
Previous Owner Palomarez Joe $387,600
Previous Owner Torgerson Mark L $223,150
Closed Palomarez Joe $96,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2024 02/08/24 Sold $1,813,000 0.0% $470 / Sq Ft
02/08/2024 02/08/24 For Sale $1,813,000 -- $470 / 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 $15,687 $1,703,500 $838,000 $865,500
2024 $15,687 $1,611,100 $758,000 $853,100
2023 $15,687 $1,491,800 $747,200 $744,600
2022 $15,949 $1,552,300 $801,400 $750,900
2021 $14,453 $1,070,000 $584,800 $485,200
2019 $11,850 $994,100 $539,000 $455,100
2018 $12,612 $920,600 $487,200 $433,400
2017 $10,981 $863,400 $453,700 $409,700
2016 $9,798 $658,000 $316,700 $341,300
2014 $9,534 $659,100 $335,000 $324,100
2013 $9,534 $574,900 $274,100 $300,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2198963

Northwest Multiple Listing Service (NWMLS)

APN: 506500-0440