Listed by Mountain View Properties, Bought with Washington
NOT LISTED FOR SALE

43 218th Ave E Lake Tapps, WA 98391

Estimated Value: $1,806,000 - $2,837,937

0.58 Acre
$3,879,274 Price per Acre
25,265 Sq Ft Lot

Last Sold September 21, 2020

Last sale price $537,000

Est. 319% increase in value since last sale

Current estimated payment $13,494/month

126 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Dieringer Heights Elementary School Rated A-
  • Lake View

About This Lot

As of September 2020

Over 200 feet of low bank western exposure waterfront on Lake Tapps. Bring your builder and create your waterfront Dream Home. Watch the Osprey from your deck, enjoy the sunsets. Water and power at the street. Desirable Dieringer School District.

Last Agent to Sell the Property

Karlyne McGinnis

Mountain View Properties License #12709 Listed on: 02/21/2020

Last Buyer's Agent

Michael Harbert

Washington License #11536

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1568209

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,794

Lot Details

  • Low Bank Waterfront Property
  • Sloped Lot

Additional Features

  • Lake Views
  • Sewer Not Available

Community Details

  • Lake Tapps Community

Listing and Financial Details

  • Assessor Parcel Number 0520147006

Property Details

Property Type

Land

Est. Annual Taxes

$18,794

Lot Details

0

Listing Details

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

Exterior Features

  • Road Information: Paved
  • Road On Which Sideof Property: East
  • View: Lake
  • Waterfront: Bank-Low, Lake
  • Water Jurisdiction: City of BL

Utilities

  • Electricity: In Street
  • Gas Available: Not Available
  • Sewer: Not Available
  • Water: In Street

Condo/Co-op/Association

  • Community Name: Lake Tapps

Schools

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

Lot Info

  • Lot Number: 2
  • General Zoning Classification: Residential
  • Lot Details: Paved Street
  • Lot Sq Ft: 25380
  • Parcel Number: 0520147006
  • Slopeof Property: west
  • Topography: Sloped
  • Zoning Jurisdiction: County

Tax Info

  • Tax Amount: 5894

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Sep 18, 2020
Sold by
Zahnow Larry D and Zahnow Karron L
Bought by
Connelly Christopher and Carte David
Seller's Agent
Karlyne McGinnis
Mountain View Properties
Buyer's Agent
Michael Harbert
Washington
List Price
$600,000
Sold Price
$537,000
Premium/Discount to List
-$63,000
-10.5%
Current Estimated Value
$2,249,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,712,979
Avg. Annual Appreciation
32.73%
Original Mortgage
$387,000
Outstanding Balance
$342,800
Interest Rate
2.8%
Mortgage Type
Seller Take Back
Estimated Equity
$1,907,179
Source: Public Records

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 Buyer Sale Price Title Company
Connelly Christopher $537,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connelly Christopher $387,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2020 09/21/20 Sold $537,000 -10.5% --
06/26/2020 06/26/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $600,000 -- --
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 $18,794 $2,024,300 $825,000 $1,199,300
2024 $18,794 $1,963,900 $991,500 $972,400
2023 $18,794 $847,700 $847,700 $0
2022 $7,460 $847,700 $847,700 $0
2021 $7,851 $593,400 $593,400 $0
2019 $5,894 $535,400 $535,400 $0
2018 $6,546 $454,300 $454,300 $0
2017 $5,955 $415,400 $415,400 $0
2016 $4,971 $324,500 $324,500 $0
2014 $3,610 $308,300 $308,300 $0
2013 $3,610 $292,100 $292,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1568209

Northwest Multiple Listing Service (NWMLS)

APN: 052014-7006