NOT LISTED FOR SALE

4821 Jenks Point Way E Lake Tapps, WA 98391

Estimated Value: $1,092,000 - $2,621,458

3 Beds
2 Baths
2,539 Sq Ft
$717/Sq Ft Est. Value

Last Sold February 14, 2019

Last sale price $1,412,500 $556 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $11,543/month

126 Days on Market

Highlights

  • Waterfront Community
  • Docks
  • Spa
  • Emerald Hills Elementary School Rated A-
  • Community Boat Launch
  • RV Access or Parking

About This Home

As of February 2019

Breathtaking home on a once in a lifetime lot with over 670+ ft of frontage. Sweeping views from every room will take your breath away. Your opportunity to own the entire point with ultimate privacy. The beautifully remodeled home will not disappoint with high end finishes throughout. The home is currently being used as a VRBO and generates a solid investment opportunity, ask for details. Custom boat cover with lift. Tons of parking for all your guests as well as RV parking for your toys.

Last Agent to Sell the Property

Kim Fraser

eXp Realty License #48561 Listed on: 09/01/2018

eXp Realty

Last Buyer's Agent

Kim Fraser

eXp Realty License #48561 Listed on: 09/01/2018

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1355139

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,184

Year Built

  • Built in 1985

Lot Details

  • Street terminates at a dead end
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Spa
  • Docks
  • Deck
  • Patio
  • Outbuilding

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5065300192

Community Details

Overview

  • Lake Tapps Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Boat Launch
  • Waterfront Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,184

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wired For Generator, Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Hot Tub/Spa, Security System, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Bamboo/Cork, Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 2
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Upper
  • Dining Room: Upper
  • Living Room: Upper
  • Kitchen w/ Eating Area: Upper
  • Estimated Sq Ft: 2539
  • Square Footage Finished: 2539

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake, Mountain, Territorial
  • Waterfront: Lake, No Bank
  • Waterfront Frontage: 670+

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 32
  • Community Name: Lake Tapps
  • Project: Jenks Point
  • Community Features: Boat Launch, CCRs, Community Waterfront/Pvt Beach, Tennis Courts

Schools

  • Elementary School: Emerald Hills Elem
  • Middle School: Lakeridge Middle
  • High School: Sumner Snr High
  • School District: SUM

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 36576
  • Lot Topography Vegetation: Level
  • Parcel Number: 5065300192
  • Lot Topography: Level

Tax Info

  • Tax Amount: 14739

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2018
Closed on
Jan 22, 2019
Sold by
Family Jason and Family Tiffany
Bought by
Boyd Mark and Kalocsay Isabel
Seller's Agent
Kim Fraser
eXp Realty
Buyer's Agent
Kim Fraser
eXp Realty
List Price
$1,650,000
Sold Price
$1,412,500
Premium/Discount to List
-$237,500
-14.39%
Current Estimated Value
$1,819,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,365
Avg. Annual Appreciation
3.10%
Original Mortgage
$1,130,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2013
Sold by
Desmul Jason M and Laing Tiffany I
Bought by
Desmul Jason M and Laing Tiffany I

Purchase Details

Closed on
Apr 4, 2007
Sold by
Marshall Rainee
Bought by
Desmul Jason M and Laing Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,087,500
Interest Rate
8%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 28, 2005
Sold by
Marshall Jeb S
Bought by
Marshall Rainee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
4.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 21, 1997
Sold by
Hanset Donald E
Bought by
Marshall Jeb S and Marshall Rainee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,500
Interest Rate
7.33%
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
Boyd Mark $1,412,500 First American Title
Desmul Jason M -- None Available
Desmul Jason M $1,450,000 Talon Group
Marshall Rainee -- Ticor Title Company
Marshall Jeb S $345,000 Rainier Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyd Mark $1,417,500
Closed Boyd Mark $1,130,000
Previous Owner Desmul Jason M $290,000
Previous Owner Desmul Jason M $517,500
Previous Owner Desmul Jason M $1,087,500
Previous Owner Desmul Jason M $145,000
Previous Owner Marshall Rainee $310,000
Previous Owner Marshall Rainee $660,000
Previous Owner Marshall Jeb S $495,000
Previous Owner Marshall Jeb S $310,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2019 02/14/19 Sold $1,412,500 -5.8% $556 / Sq Ft
01/05/2019 01/05/19 Pending -- -- --
10/14/2018 10/14/18 Price Changed $1,499,000 -9.2% $590 / Sq Ft
09/01/2018 09/01/18 For Sale $1,650,000 -- $650 / 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 $23,184 $2,410,900 $1,075,500 $1,335,400
2024 $23,184 $2,424,200 $1,092,800 $1,331,400
2023 $23,184 $1,056,100 $1,056,100 $0
2022 $17,316 $1,132,600 $1,132,600 $0
2021 $15,771 $1,168,700 $826,500 $342,200
2019 $13,885 $1,196,900 $864,200 $332,700
2018 $12,960 $1,080,500 $781,200 $299,300
2017 $12,960 $1,010,600 $727,500 $283,100
2016 $11,298 $743,700 $507,800 $235,900
2014 $8,894 $761,200 $537,100 $224,100
2013 $8,894 $649,700 $439,400 $210,300
Source: Public Records

Agents Affiliated with this Home

  • Kim Fraser

    Seller's Agent in 2019

    Kim Fraser

    eXp Realty

    (425) 209-5638

    49 in this area

    232 Total Sales

    Kim Fraser
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1355139

Northwest Multiple Listing Service (NWMLS)

APN: 506530-0192

Washington Pierce County Lake Tapps 98391

4821 Jenks Point Way E, Lake Tapps, WA

This home is located at 4821 Jenks Point Way E, Lake Tapps, WA 98391 since 01 September 2018 and is currently estimated at $1,819,865, approximately $716 per square foot. This property was built in 1985. 4821 Jenks Point Way E is a home located in Pierce County with nearby schools including Emerald Hills Elementary School, Lakeridge Middle School, and Sumner High 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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