$1,900,000
SOLD NOV 17, 2020

4101 Lakeridge Dr E Lake Tapps, WA 98391

4 Beds
2 Baths
4,610 Sq Ft
0.43 Acres

Recently Sold

$412 Per Sq Ft

12% Above List Price

2 Days on Market

Highlights

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

About This Home

As of November 2020

Breathtaking Lake Tapps Waterfront home with sweeping views of the lake & Cascade Mtns. This 4610 sq ft home offers a great room concept, main floor office, dining, rec rm, & MIL apt. Enjoy relaxing on the oversized covered deck. The main floor primary suite is well appointed with incredible 5 pc bath & walk in closet. The 2 lower level bedrooms are huge & offer en suite baths & walk in closets. Oversized 936 sq ft 3 car garage, A/C, Sprinkler Sys, Dock, Boat & PWC lifts, RV parking & more.

Last Agent to Sell the Property

Kim Fraser

eXp Realty License #48561 Listed on: 10/23/2020

eXp Realty

Last Buyer's Agent

Kim Fraser

eXp Realty License #48561 Listed on: 10/23/2020

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1681420

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
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System

Property Views

  • Lake
  • Mountain

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked
  • Stone

Interior Spaces

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

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Concrete
  • Ceramic Tile

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Docks
  • Deck
  • Patio

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5065000490

Community Details

Overview

  • Lake Tapps Community

Recreation

  • Waterfront Community

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: Wet Bar, Wired For Generator, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, High Tech Cabling, Security System, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Concrete, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 2
  • Bathrooms: 4.00
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4610
  • Square Footage Finished: 4610

Exterior Features

  • Exterior: Cement Planked, Stone
  • 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)
  • Power Company: PSE
  • 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
  • Community Features: Community Waterfront/Pvt Beach

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: 18550
  • Lot Topography Vegetation: Level, Terraces
  • Parcel Number: 5065000490
  • Lot Topography: Level, Terraces

Tax Info

  • Tax Amount: 15314

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%
Current Estimated Value
$2,264,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,304
Avg. Annual Appreciation
3.71%
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
2025 $19,500 $2,134,600 $819,600 $1,315,000
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: NWM1681420

Northwest Multiple Listing Service (NWMLS)

APN: 506500-0490