$374,500
SOLD MAY 16, 2016

4101 Lakeridge Dr E Lake Tapps, WA 98391

0.43 Acre
$870,930 Price per Acre
18,731 Sq Ft Lot

Recently Sold

17% Below List Price

252 Days on Market

Highlights

  • Community Boat Launch
  • Crestwood Elementary School Rated A-
  • Lake View

About This Lot

As of November 2020

The premier Lake Tapps waterfront lot! This lot has been in the family for 20+ years. Over a half acre panoramic view of the cascade mountains . Premier location on the lake, gentle sloping site leads down to the lake. Full concrete, multi layered completed bulkhead spans the full length of the property. Four bedroom septic approved and installed. Water meter on site and power to the property. Check out the pictures! This is an unbelievable piece of property!

Last Agent to Sell the Property

Terry Wise

Terry Wise & Associates License #6514

Co-Listed By

Ashly Brown

RE/MAX Honors License #100469

Last Buyer's Agent

Terry Wise

Terry Wise & Associates License #6514

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM810139

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,500

Year Built

  • 2015

Property Views

  • Lake
  • Mountain
  • Territorial

Additional Features

  • Sloped Lot
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 506500-0490

Community Details

Overview

  • Lake Tapps Community

Recreation

  • Community Boat Launch
  • Bulkhead

Property Details

Property Type

Land

Est. Annual Taxes

$19,500

Year Built

2015

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Style: 40 - Res-Less Thn 1 Ac
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 2015

Interior Features

  • Approved Number of Bedrooms: 4

Exterior Features

  • Road Information: Paved
  • View: Lake, Mountain, Territorial
  • Waterfront: Bulkhead, Lake
  • Waterfront Frontage: 60

Utilities

  • Electricity: On Property
  • Gas Available: Not Available
  • Septic Approved for Number of Bedrooms: 4
  • Septic System Installed: Y
  • Sewer: Not Available
  • Water: On Property

Condo/Co-op/Association

  • Community Name: Lake Tapps
  • Project: Lakeridge
  • Community Features: Boat Launch

Schools

  • Elementary School: Lake Tapps Elem
  • Middle School: North Tapps Mid
  • School District: DGR

Lot Info

  • Lot Number: 49
  • General Zoning Classification: Residential
  • Lot Details: Paved Street
  • Lot Sq Ft: 18550
  • Parcel Number: 506500-0490
  • Slopeof Property: Gentle slope down to water
  • Topography: Sloped
  • Zoning Jurisdiction: City
  • Zoning Remarks: R10

Tax Info

  • Tax Amount: 3939

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Nov 10, 2020
Sold by
Strong Scott R and Strong Jodi
Bought by
Wilson Lanny and Wilson Mary
Seller's Agent
Kim Fraser
eXp Realty
Buyer's Agent
Kim Fraser
eXp Realty
List Price
$1,699,950
Sold Price
$1,900,000
Premium/Discount to List
$200,050
11.77%
Total Days on Market
252
Current Estimated Value
$2,243,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,283
Avg. Annual Appreciation
3.73%
Original Mortgage
$904,000
Interest Rate
2.9%

Purchase Details

Listed on
Aug 2, 2018
Closed on
Sep 4, 2018
Sold by
Beringer Brian P and Beringer Katrina L
Bought by
Strong Scott R and Strong Jodi
Seller's Agent
Ed Flanigan
Keller Williams North Seattle
Buyer's Agent
Kim Fraser
eXp Realty
List Price
$1,085,000
Sold Price
$1,130,000
Premium/Discount to List
$45,000
4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.64%
Original Mortgage
$904,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 25, 2015
Closed on
May 14, 2016
Sold by
Isakson Michael and Isakson Joy
Bought by
Isakson Michael and Isakson Joy
Seller's Agent
Terry Wise
Terry Wise & Associates
Buyer's Agent
Terry Wise
Terry Wise & Associates
List Price
$449,500
Sold Price
$374,500
Premium/Discount to List
-$75,000
-16.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.30%
Original Mortgage
$250,000
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 25, 2015
Closed on
May 9, 2016
Sold by
Isakson Michael and Isakson Joy
Bought by
Beringer Brian P and Beringer Katrina L
Seller's Agent
Terry Wise
Terry Wise & Associates
Buyer's Agent
Terry Wise
Terry Wise & Associates
List Price
$449,500
Sold Price
$374,500
Premium/Discount to List
-$75,000
-16.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 24, 2007
Sold by
Isakson Michael R
Bought by
J & M Charitable Foundation

Purchase Details

Closed on
Jun 23, 1994
Sold by
Hidden Lake Estates Inc
Bought by
Whitney Ronald K and Whitney Lynne M

Map

Range of Values:

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Average Value
Not Available
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 $1,900,000 First American Title
Warranty Deed $1,900,000 First American Title
Warranty Deed $1,129,719 First American Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $353,219 Fatco
Interfamily Deed Transfer -- None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $904,000 No Value Available
Previous Owner $904,000 Adjustable Rate Mortgage/ARM
Previous Owner $126,000 Credit Line Revolving
Previous Owner $603,200 Construction
Previous Owner $250,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2020 11/17/20 Sold $1,900,000 +11.8% $412 / Sq Ft
10/25/2020 10/25/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $1,699,950 +50.4% $369 / Sq Ft
09/07/2018 09/07/18 Sold $1,130,000 +4.1% $274 / Sq Ft
08/07/2018 08/07/18 Pending -- -- --
08/02/2018 08/02/18 For Sale $1,085,000 +189.7% $263 / Sq Ft
05/16/2016 05/16/16 Sold $374,500 -16.7% --
03/03/2016 03/03/16 Pending -- -- --
06/25/2015 06/25/15 For Sale $449,500 -- --
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
2024 $19,500 $2,033,700 $734,100 $1,299,600
2023 $19,500 $1,858,200 $723,600 $1,134,600
2022 $19,451 $1,920,800 $776,000 $1,144,800
2021 $15,910 $1,179,100 $566,300 $612,800
2019 $12,132 $1,097,600 $504,600 $593,000
2018 $12,917 $942,700 $456,100 $486,600
2017 $4,676 $884,500 $424,800 $459,700
2016 $3,964 $253,500 $253,500 $0
2014 $4,098 $268,100 $268,100 $0
2013 $4,098 $219,400 $219,400 $0
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM810139

Northwest Multiple Listing Service (NWMLS)

APN: 506500-0490