Listed by Keller Williams North Seattle, Bought with eXp Realty
$1,130,000
SOLD SEP 7, 2018

4101 Lakeridge Dr E Lake Tapps, WA 98391

3 Beds
2 Baths
4,130 Sq Ft
0.43 Acres

Recently Sold

$274 Per Sq Ft

4% Above List Price

5 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Lake View
  • Crestwood Elementary School Rated A-
  • RV Access or Parking
  • Deck

About This Home

As of November 2020

Lake front living at its finest. Custom built 2017 home with breathtaking views of Lake Tapps. This home has everything you need for a peaceful retreat on the lake, low bank frontage of 60', gourmet chef's kitchen with walk-in pantry, commercial size fridge/freezer, master suite includes slider onto deck and 5-piece spa inspired bath, expansive deck off kitchen and living room. Secondary bedrooms are HUGE w/attached baths, views & WIC. 3 car garage with additional est 430 SF for a potential ADU.

Last Agent to Sell the Property

Ed Flanigan

Keller Williams North Seattle License #37101 Listed on: 08/02/2018

Keller Williams North Seattle

Co-Listed By

Tim Tilbury

Jason Mitchell Real Estate WA License #89616

Last Buyer's Agent

Kim Fraser

eXp Realty License #48561

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1338927

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,500

Year Built

  • Built in 2017

Lot Details

  • Low Bank Waterfront Property

Property Views

  • Lake
  • Mountain

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked
  • Vinyl Construction Material

Interior Spaces

  • 2 Bathrooms
  • 1 Fireplace
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Concrete
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Docks
  • Deck
  • Patio

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Lake Tapps Community

Listing and Financial Details

  • Assessor Parcel Number 506500-049-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,500

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2017
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Concrete, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 4
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 2
  • Bathrooms: 3.00
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 2
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4130
  • Square Footage Finished: 4130
  • Square Footage Unfinished: 430

Exterior Features

  • Exterior: Cement Planked, Metal/Vinyl
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake, Mountain
  • Waterfront: Bank-Low, Lake
  • Waterfront Frontage: 60

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Heat Pump, High Efficiency (Unspecified), Hot Water Recirc Pump, Tankless Water Heater
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 4
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: City of Bonney Lake
  • Water Heater: GARAGE-GAS/TANKLESS
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 30
  • Community Name: Lake Tapps

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: SUM

Lot Info

  • Lot Sq Ft: 18550
  • Parcel Number: 506500-049-0

Tax Info

  • Tax Amount: 12917

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
5
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
Source: Public Records

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Range of Values:

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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 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 $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

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1338927

Northwest Multiple Listing Service (NWMLS)

APN: 506500-0490