NOT LISTED FOR SALE

4425 185th Ave E Lake Tapps, WA 98391

Estimated Value: $1,382,000 - $1,615,000

3 Beds
1 Bath
3,064 Sq Ft
$494/Sq Ft Est. Value

Last Sold June 30, 2016

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

Est. 88% increase in value since last sale

Current estimated payment $9,215/month

34 Days on Market

Highlights

  • Waterfront Community
  • Lake View
  • Attached Garage
  • Lake Tapps 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%
Total Days on Market
34
Current Estimated Value
$1,513,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$706,907
Avg. Annual Appreciation
7.12%
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

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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 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 Annette Marie $673,582
Closed Gregorich Adam $100,000
Closed Gregorich Adam $130,125
Closed Gregorich Adam $100,000
Closed Gregorich Adam $540,500
Previous Owner Mcgraw Randy T $570,170
Previous Owner Bradbury Jeffrey A $538,500
Previous Owner Bradbury Jeffrey A $40,000
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
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

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM923673

Northwest Multiple Listing Service (NWMLS)

APN: 503800-0140