NOT LISTED FOR SALE

4425 185th Ave E Lake Tapps, WA 98391

Estimated Value: $1,391,000 - $1,697,000

3 Beds
1 Bath
3,064 Sq Ft
$493/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $806,500 $263 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $9,199/month

34 Days on Market

Highlights

  • Waterfront Community
  • Lake View
  • Attached Garage
  • Dieringer Heights Elementary School Rated A-
  • 1 Fireplace
  • Level Lot

About This Home

As of June 2016

Stunning Bankers Island Waterfront home on 75 ft of Eastern facing open water with Gorgeous Mt. Rainier & Cascade views Features include 3 or 4 beds, 2 offices, updated kitchen w/granite, formal dining rm, oversized living rm w/fp, sun rm, & oversized rec rm. ! Year round water w/ boat house, boat & jetski lifts & swim area built into dock. Enjoy lot's of decks, hot tub fire pit, & immaculate landscaping with water features & more! A must see!

Last Agent to Sell the Property

Kim Fraser

eXp Realty License #48561 Listed on: 04/11/2016

eXp Realty

Last Buyer's Agent

Kelli Hughes

Windermere Real Estate Central License #115569

Windermere Real Estate Central

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM923673

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,192

Year Built

  • Built in 1980

Lot Details

  • Street terminates at a dead end
  • Level Lot

Parking

  • Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Utilities

  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 5038000140

Community Details

Overview

  • Lake Tapps Community

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,192

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 13 - Tri-Level
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, High Tech Cabling, Hot Tub/Spa, Vaulted Ceilings, Walk-In Closet
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven
  • Bedrooms: 3.00
  • Bathrooms: 2.75
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Lower
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3064
  • Square Footage Finished: 3064

Exterior Features

  • Exterior: Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake, Mountain
  • Waterfront: Bank-Medium, Lake

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air, Heat Pump
  • Power Company: PSE
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: City of Bonney Lake
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Lake Tapps
  • Project: Banker's Island
  • Community Features: Community Waterfront/Pvt Beach

Schools

  • Elementary School: Crestwood Elem
  • Middle School: Lakeridge Jnr High
  • High School: Sumner Snr High
  • School District: SUM

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 14505
  • Lot Topography Vegetation: Level, Partial Slope
  • Parcel Number: 5038000140
  • Lot Topography: Level, Partial Slope

Tax Info

  • Tax Amount: 8040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2016
Closed on
Jun 28, 2016
Sold by
Mcgraw Randy T and Mcgraw Yolanda K
Bought by
Gregorich Adam and Gregorich Annette
Seller's Agent
Kim Fraser
eXp Realty
Buyer's Agent
Kelli Hughes
Windermere Real Estate Central
List Price
$825,000
Sold Price
$806,500
Premium/Discount to List
-$18,500
-2.24%
Current Estimated Value
$1,511,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$705,425
Avg. Annual Appreciation
7.47%
Original Mortgage
$540,500
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2012
Sold by
Bradbury Jeffrey A and Bradbury Gloria
Bought by
Mcgraw Randy T and Mcgraw Yolanda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,170
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 9, 2005
Sold by
Phillips Kelli
Bought by
Bradbury Jeffrey A and Bradbury Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2004
Sold by
Sadler Jeffrey H
Bought by
Phillips Kelli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2000
Sold by
Ball Timothy B
Bought by
Brannon Pamela G and Lumley Thomas H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
7.75%

Purchase Details

Closed on
Aug 29, 1997
Sold by
Munday Robert G
Bought by
Ball Timothy B and Ball Michelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
7.12%
Source: Public Records

Range of Values:

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Average Value
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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
Gregorich Adam $806,219 First American Title Ins Co
Mcgraw Randy T $585,000 First American Title Ins Co
Bradbury Jeffrey A $570,000 First American Title Ins Co
Phillips Kelli -- Stewart Title
Phillips Kelli $458,000 Stewart Title
Brannon Pamela G $382,500 Chicago Title Insurance Co
Ball Timothy B $355,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gregorich Adam $540,500
Previous Owner Mcgraw Randy T $570,170
Previous Owner Bradbury Jeffrey A $456,000
Previous Owner Phillips Kelli $267,000
Previous Owner Brannon Pamela G $306,000
Previous Owner Ball Timothy B $284,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $806,500 -2.2% $263 / Sq Ft
05/16/2016 05/16/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $825,000 -- $269 / 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 $14,192 $1,539,400 $819,400 $720,000
2024 $14,192 $1,448,600 $737,100 $711,500
2023 $14,192 $1,348,100 $726,600 $621,500
2022 $14,528 $1,406,100 $779,200 $626,900
2021 $13,195 $975,900 $568,600 $407,300
2019 $10,224 $892,900 $492,700 $400,200
2018 $10,879 $792,800 $445,400 $347,400
2017 $9,483 $743,500 $414,800 $328,700
2016 $8,435 $560,300 $289,500 $270,800
2014 $7,646 $566,300 $306,200 $260,100
2013 $7,646 $491,900 $250,500 $241,400
Source: Public Records

Agents Affiliated with this Home

  • Kim Fraser

    Seller's Agent in 2016

    Kim Fraser

    eXp Realty

    (425) 209-5638

    49 in this area

    232 Total Sales

    Kim Fraser
    Section Image

  • K

    Buyer's Agent in 2016

    Kelli Hughes

    Windermere Corporate

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM923673

Northwest Multiple Listing Service (NWMLS)

APN: 503800-0140

Washington Pierce County Lake Tapps 98391

4425 185th Ave E, Lake Tapps, WA

This home is located at 4425 185th Ave E, Lake Tapps, WA 98391 since 11 April 2016 and is currently estimated at $1,511,925, approximately $493 per square foot. This property was built in 1980. 4425 185th Ave E is a home located in Pierce County with nearby schools including Dieringer Heights Elementary School, Lake Tapps Elementary School, and North Tapps Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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