Listed by Mountain View Properties, Bought with Windermere Real Estate/East
NOT LISTED FOR SALE

4120 218th Ave E Lake Tapps, WA 98391

Estimated Value: $1,155,910 - $1,179,000

3 Beds
4.5 Baths
2,880 Sq Ft
$405/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $850,000 $295 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $7,248/month

47 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Docks
  • Deck
  • Dieringer Heights Elementary School Rated A-
  • Lake View
  • 2 Fireplaces

About This Home

As of November 2020

Situated on secluded Lake Tapps cove, Late sun, western exposure with wild life galore. It is like living on a wildlife sanctuary, Eagles, Cranes, river otters, bass, muskie, ducks, plus. Private boat launch & dock, fire pit, 4 decks. 2 kitchens, 3 living/rec/party rooms, 2 gas fireplace, piped for 3rd. Remodeled home w/ Possible Extra Bedroom plus a den/office. 3 bedroom septic, Possible mother-in-law or perfect for an in home business. There is no association fees, water bill or sewer bill.

Last Agent to Sell the Property

Michael Karsten

Mountain View Properties License #25764 Listed on: 08/26/2020

Last Buyer's Agent

Heyden Johnson

Windermere Real Estate/East License #124801

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1652230

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,920

Year Built

  • Built in 1997

Lot Details

  • 0.29 Acre Lot
  • 75 Feet of Waterfront
  • Partially Fenced Property
  • Terraced Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,880 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • 2 Fireplaces
  • Dining Room
  • Lake Views
  • Natural lighting in basement
  • Storm Windows
  • Oven or Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

Outdoor Features

  • Docks
  • Deck

Schools

  • Lake Tapps Elementary School
  • North Tapps Mid Middle School
  • Out Of District High School

Utilities

  • Well
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • East Of Lake Tapps Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5070000421

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,920

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 15 - Multi Level
  • Year Built: 1997
  • Inclusions: RangeOven
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 2880
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • SOCComments: Listing agent is owner
  • Special Features: None
  • Cumulative Days on Market: 94

Interior Features

  • Fireplaces: 2
  • Basement: Daylight
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room
  • Living Area: 2880
  • Bathrooms: 4.25
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 2880
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 2
  • AppliancesIncluded: Range/Oven
  • FireplacesLower: 1

Exterior Features

  • Roof: Composition
  • View: Lake
  • View: Yes
  • Waterfront: Yes
  • Builder Name: Owner
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • ConstructionMethods: Standard Frame
  • WaterfrontFootage: 75

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Security: Fully Fenced
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Septic System, Natural Gas Connected

Schools

  • Junior High Dist: Dieringer
  • High School: Out of District
  • Middle Or Junior School: North Tapps Mid

Lot Info

  • Parcel Number: 5070000421
  • Topography: PartialSlope,Terraces
  • Lot Size Acres: 0.2864
  • Lot Size Sq Ft: 12477
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dock,Fenced-Partially,Gas Available,High Speed Internet
  • MLSLotSizeSource: tax records
  • MLSSquareFootageSource: tax records
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 8920

MLS Schools

  • Elementary School: Lake Tapps Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Oct 20, 2020
Sold by
Karsten Michael L and Karsten Julie R
Bought by
Swinford Daniel and Hammett Allison
Seller's Agent
Michael Karsten
Mountain View Properties
Buyer's Agent
Heyden Johnson
Windermere Real Estate/East
List Price
$995,000
Sold Price
$850,000
Premium/Discount to List
-$145,000
-14.57%
Current Estimated Value
$1,166,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,728
Avg. Annual Appreciation
6.75%
Original Mortgage
$660,000
Outstanding Balance
$589,980
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$571,337

Purchase Details

Closed on
Oct 6, 2006
Sold by
Karsten Leroy H and Lavonne Karsten B
Bought by
Karsten Michael L and Karsten Julie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.44%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 22, 2004
Sold by
Karsten Michael L
Bought by
Karsten Michael L and Karsten Julie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,500
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2001
Sold by
Karsten Leroy H
Bought by
Karsten Leroy H and Lavonne Karsten B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.89%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Swinford Daniel $850,000 First American
Karsten Michael L -- Trans
Karsten Michael L -- Ticor Title Company
Karsten Leroy H -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swinford Daniel $660,000
Previous Owner Karsten Julie R $511,700
Previous Owner Karsten Michael L $484,500
Previous Owner Karsten Michael L $200,000
Previous Owner Karsten Michael L $81,500
Previous Owner Karsten Michael L $272,500
Previous Owner Karsten Leroy H $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $850,000 0.0% $295 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
09/28/2020 09/28/20 Price Changed $849,950 -5.6% $295 / Sq Ft
09/16/2020 09/16/20 Price Changed $899,950 -3.2% $312 / Sq Ft
09/10/2020 09/10/20 Price Changed $929,950 -3.1% $323 / Sq Ft
09/05/2020 09/05/20 Price Changed $959,950 -3.5% $333 / Sq Ft
08/26/2020 08/26/20 For Sale $995,000 -- $345 / 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 $10,696 $1,076,500 $589,800 $486,700
2024 $10,696 $1,043,100 $653,000 $390,100
2023 $10,696 $1,065,800 $653,000 $412,800
2022 $9,474 $1,052,300 $653,000 $399,300
2021 $9,714 $736,900 $457,100 $279,800
2019 $7,508 $661,600 $391,600 $270,000
2018 $8,539 $581,600 $332,300 $249,300
2017 $7,525 $544,500 $303,800 $240,700
2016 $6,704 $435,000 $237,400 $197,600
2014 $5,206 $418,200 $225,500 $192,700
2013 $5,206 $402,100 $213,600 $188,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1652230

Northwest Multiple Listing Service (NWMLS)

APN: 507000-0421