NOT LISTED FOR SALE

4428 185th Ave E Lake Tapps, WA 98391

Estimated Value: $1,626,000 - $1,702,000

3 Beds
1 Bath
3,358 Sq Ft
$493/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $1,250,000 $372 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $9,996/month

104 Days on Market

Highlights

  • Boathouse
  • Low Bank Waterfront Property
  • Docks
  • Dieringer Heights Elementary School Rated A-
  • Waterfront Community
  • Community Boat Launch

About This Home

As of October 2019

Bankers Island Home! This is a beautiful sunset lake front home with all the features you would want living on the water! From the out door living, to the brand new kitchen remodel you will be able to entertain and relax whenever you desire. Take advantage of watching the sunset from the back deck or sitting in the hot tub watching the boats go by. Also having a 7 car garage with car lift will make it easy to store your boat and toys or work on anything you need to! Come check it out today!

Last Agent to Sell the Property

Andrew Sterling

eXp Realty License #135553 Listed on: 06/12/2019

eXp Realty

Last Buyer's Agent

Judy Jackson

Terrafin License #119398

Terrafin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1472473

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,630

Year Built

  • Built in 1981

Lot Details

  • Low Bank Waterfront Property
  • Open Space
  • Street terminates at a dead end
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Property is zoned R10

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Lake Views
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Spa
  • Bulkhead
  • Boathouse
  • Docks
  • Deck
  • Patio

Utilities

  • Propane
  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 503800-028-0

Community Details

Overview

  • Lake Tapps Community

Recreation

  • Community Boat Launch
  • Waterfront Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,630

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, Wet Bar, Wired For Generator, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, Jetted Tub, Security System, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 2
  • Bathrooms: 2.25
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Family Room: Lower
  • Kitchen: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3358
  • Square Footage Finished: 3358

Exterior Features

  • Exterior: Cement Planked
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake
  • Waterfront: Bank-Low, Bulkhead, Lake
  • Waterfront Frontage: 75

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 7

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Heat Pump
  • Power Company: PSE
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Bonney lake
  • Water Heater: basement-electric
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 30
  • Community Name: Lake Tapps
  • Project: Bankers Island
  • Community Features: Boat Launch, Community Waterfront/Pvt Beach, Tennis Courts

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Sumner Snr High
  • School District: SUM

Lot Info

  • Lot Number: 28
  • Lot Details: Dead End Street, Open Space, Paved Street
  • Lot Dimensions: 208' x 77'
  • Lot Sq Ft: 15948
  • Lot Topography Vegetation: Level
  • Parcel Number: 503800-028-0
  • Zoning Code: R10
  • Lot Topography: Level

Tax Info

  • Tax Amount: 11639

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2019
Closed on
Oct 29, 2019
Sold by
Sterling John A and Sterling Janette M
Bought by
Rucshner Shawn J and Rucshner Tiffany A
Seller's Agent
Andrew Sterling
eXp Realty
Buyer's Agent
Judy Jackson
Terrafin
List Price
$1,325,000
Sold Price
$1,250,000
Premium/Discount to List
-$75,000
-5.66%
Current Estimated Value
$1,655,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,482
Avg. Annual Appreciation
5.73%
Original Mortgage
$1,115,000
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Closed on
May 3, 2017
Sold by
Dahlquist Jesse F
Bought by
Wilson William C and Wilson Nancy J

Purchase Details

Closed on
Sep 10, 2002
Sold by
First Union Bank
Bought by
Sterling John A and Sterling Janette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,705
Interest Rate
7.29%

Purchase Details

Closed on
Jun 28, 2002
Sold by
Hipple George C
Bought by
First Union Bank and Long Beach Mtg Loan Trust 2000-1

Purchase Details

Closed on
Nov 29, 2000
Sold by
Dahlquist Jesse F
Bought by
Hipple George C and Hipple Electsyx

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
10.95%
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
Rucshner Shawn J $1,250,000 Ticor Title
Wilson William C -- Cw Title
Sterling John A $383,902 Chicago Title Insurance Comp
First Union Bank $323,990 --
Hipple George C $400,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rucshner Shawn J $1,115,000
Previous Owner Sterling John A $364,705
Previous Owner Hipple George C $340,000
Closed Hipple George C $27,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2019 10/31/19 Sold $1,250,000 -5.7% $372 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
09/09/2019 09/09/19 Price Changed $1,325,000 0.0% $395 / Sq Ft
09/09/2019 09/09/19 For Sale $1,325,000 +6.0% $395 / Sq Ft
09/09/2019 09/09/19 Off Market $1,250,000 -- --
07/16/2019 07/16/19 Price Changed $1,350,000 -3.2% $402 / Sq Ft
06/12/2019 06/12/19 For Sale $1,395,000 -- $415 / 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 $14,630 $1,565,000 $825,600 $739,400
2024 $14,630 $1,496,900 $744,500 $752,400
2023 $14,630 $1,390,200 $733,900 $656,300
2022 $14,944 $1,448,900 $787,100 $661,800
2021 $13,607 $1,006,700 $574,300 $432,400
2019 $10,939 $917,000 $505,600 $411,400
2018 $11,639 $849,000 $457,100 $391,900
2017 $10,138 $796,100 $425,700 $370,400
2016 $9,037 $602,500 $297,100 $305,400
2014 $8,535 $607,300 $314,200 $293,100
2013 $8,535 $529,100 $257,100 $272,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1472473

Northwest Multiple Listing Service (NWMLS)

APN: 503800-0280