NOT LISTED FOR SALE

4823 Jenks Point Way E Lake Tapps, WA 98391

Estimated Value: $1,476,000 - $1,765,000

3 Beds
2.5 Baths
3,104 Sq Ft
$525/Sq Ft Est. Value

Last Sold October 12, 2022

Last sale price $1,550,000 $499 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $10,460/month

32 Days on Market

Highlights

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

About This Home

As of October 2022

This private Lake Tapps waterfront oasis is the one you've been waiting for! Unobstructed open water views of the lake & Cascades are the backdrop from almost every room. This entertainer's dream home boasts large vaulted ceilings, windows & doors that provide immense natural light throughout. The main floor showcases the beautiful views with a large wrap-around deck. You will find another large entertaining Trex deck which features a built in hot tub & waterfall just off of the oversized rec. rm with wet bar. The top floor is an exclusive primary suite with its own private deck overlooking the water. The large 120ft lakefront patio features a large dock, firepit, covered boat lift & jet ski lifts for the best lake life enjoyment!

Last Agent to Sell the Property

Lacie Horton

Coldwell Banker Danforth License #121990 Listed on: 08/10/2022

Coldwell Banker Danforth

Co-Listed By

Stacy Gavino

Coldwell Banker Danforth License #110041

Last Buyer's Agent

Pat Patton

Windermere RE West Sound Inc. License #83853

Windermere RE West Sound Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1981229

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,089

Year Built

  • Built in 1980

Lot Details

  • 0.26 Acre Lot
  • Low Bank Waterfront Property
  • 120 Feet of Waterfront
  • Lake Front
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Property is in average condition
  • Zoning described as B15

HOA Fees

  • $31 Monthly HOA Fees

Property Views

  • Lake
  • Mountain

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,104 Sq Ft Home
  • Multi-Level Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Dining Room
  • Loft
  • Finished Basement
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Spa Bath

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway
  • RV Access or Parking

Outdoor Features

  • Spa
  • Docks
  • Deck
  • Patio

Schools

  • Crestwood Elementary School
  • Lakeridge Middle School
  • Sumner Snr High School

Utilities

  • Central Air
  • Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5065300194

Community Details

Overview

  • West Tapps HOA
  • Secondary HOA Phone (253) 891-2729
  • Lake Tapps Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Boat Launch
  • Tennis Courts
  • Community Playground
  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,089

Year Built

Built in 1980

Lot Details

0

HOA Fees

$31 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 15 - Multi Level
  • Year Built: 1980
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Building Name: Lake Tapps Lakeridge #3
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 3104
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,001

Interior Features

  • Fireplaces: 2
  • Basement: Daylight, Finished
  • Private Spa: Yes
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Forced Air, Central A/C, Ceramic Tile, Hardwood, Wall to Wall Carpet, Wet Bar, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Sprinkler System, Dining Room, Hot Tub/Spa, Loft, Skylight(s), Vaulted Ceiling(s), Walk-In Pantry, Walk-In Closet(s), Water Heater
  • Living Area: 3104
  • Main Level Bedrooms: 2
  • Bathrooms: 2.25
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 3104
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 1
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 1
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • FireplacesLower: 1

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s)
  • Lot Features: Cul-De-Sac, Dead End Street, Paved, Secluded
  • View: Yes
  • Waterfront Features: Bank-Low, Lake
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: House
  • WaterfrontFootage: 120

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Driveway, Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Septic System, Electricity Available, Natural Gas Connected, See Remarks
  • HeatingCoolingType: Central A/C,Forced Air
  • PowerCompany: PSE
  • SewerCompany: N/A
  • WaterCompany: City of Bonney Lake
  • WaterHeaterLocation: Utility room
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: Boat Launch, CCRs, Community Waterfront/Pvt Beach, Gated, Park, Playground, Tennis Courts
  • Senior Community: No
  • Association Fee: 31
  • Association Fee Frequency: Monthly
  • Phone: 253-891-2729
  • Association: Yes
  • AssociationContactName: West Tapps HOA

Schools

  • Junior High Dist: Sumner-Bonney Lake
  • High School: Sumner Snr High
  • Middle Or Junior School: Lakeridge Middle

Lot Info

  • Parcel Number: 5065300194
  • Topography: Level,PartialSlope,Terraces
  • Land Lease: No
  • Lot Size Acres: 0.2575
  • Lot Size Sq Ft: 11216
  • Zoning Description: B15
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dock,Fenced-Partially,Gas Available,High Speed Internet,Hot Tub/Spa,Patio,RV Parking,Sprinkler System
  • MLSLotSizeSource: county records
  • MLSSquareFootageSource: county records
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 16089

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Crestwood Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2022
Closed on
Oct 4, 2022
Sold by
Moshier Jan M
Bought by
Sharma Durgesh Sharma and Sinha Anchala Sharma
Seller's Agent
Lacie Horton
Coldwell Banker Danforth
Buyer's Agent
Pat Patton
Windermere RE West Sound Inc.
List Price
$1,695,000
Sold Price
$1,550,000
Premium/Discount to List
-$145,000
-8.55%
Total Days on Market
32
Current Estimated Value
$1,629,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,497
Avg. Annual Appreciation
1.91%
Original Mortgage
$1,240,000
Outstanding Balance
$1,200,295
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$429,202

Purchase Details

Listed on
May 25, 2012
Closed on
Jul 23, 2012
Sold by
Ness Stuart C and Ness Laurie A
Bought by
Moshier Roger G and Parsons Karen L
Seller's Agent
Steve Hobson
Windermere R E/Lake Tapps, Inc
Buyer's Agent
Anthony Hettler
John L. Scott Des Moines
List Price
$625,000
Sold Price
$625,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%
Original Mortgage
$640,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 1996
Sold by
Cox William K and Cox Rosemary
Bought by
Ness Stuart C and Ness Laurie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,450
Interest Rate
7.91%
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
Sharma Durgesh Sharma -- First American Title
Moshier Roger G $625,011 Cw Title
Ness Stuart C $346,449 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsons Karen L $1,240,000
Closed Sharma Durgesh Sharma $1,240,000
Previous Owner Moshier Roger G $640,000
Previous Owner Ness Stuart C $100,000
Previous Owner Ness Stuart C $246,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2022 10/12/22 Sold $1,550,000 -8.6% $499 / Sq Ft
09/11/2022 09/11/22 Pending -- -- --
08/10/2022 08/10/22 For Sale $1,695,000 +171.2% $546 / Sq Ft
07/30/2012 07/30/12 Sold $625,000 0.0% $201 / Sq Ft
06/03/2012 06/03/12 Pending -- -- --
05/25/2012 05/25/12 For Sale $625,000 -- $201 / 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 $15,799 $1,618,900 $777,900 $841,000
2023 $15,799 $1,502,600 $766,800 $735,800
2022 $16,089 $1,564,300 $822,400 $741,900
2021 $14,612 $1,081,900 $600,100 $481,800
2019 $11,467 $976,800 $503,200 $473,600
2018 $10,677 $890,500 $454,900 $435,600
2017 $10,677 $835,400 $423,600 $411,800
2016 $9,498 $639,000 $295,700 $343,300
2014 $8,696 $638,700 $312,700 $326,000
2013 $8,696 $561,800 $255,900 $305,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1981229

Northwest Multiple Listing Service (NWMLS)

APN: 506530-0194