Listed by COMPASS, Bought with Timber Real Estate
NOT LISTED FOR SALE

4905 Jenks Point Way E Lake Tapps, WA 98391

Estimated Value: $1,134,000 - $1,401,000

3 Beds
2 Baths
2,632 Sq Ft
$479/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $1,000,000 $380 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,672/month

2 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Spa
  • Deck
  • Emerald Hills Elementary School Rated A-
  • Lake View
  • Vaulted Ceiling

About This Home

As of May 2024

Calling all investors! Situated on 140 feet of premium East-facing Lake Tapps shoreline is a home waiting for your remodeling expertise. The lakefront is ready for boatloads of fun and features an expansive concrete bulkhead spanning the entirety of the shoreline, plus two docks, and a firepit for creating lifelong memories by the water. A new 3-bedroom septic system was installed in 2022. Bring your ideas to reimagine the interior of this mid-mod inspired lake home currently offering three bedrooms on the main level and two bedrooms on the daylight basement level. Foundation stabilization is necessary - ask your agent for the estimate. Don't miss this opportunity to create a custom home along a premier stretch of Lake Tapps shoreline!

Last Agent to Sell the Property

Chris Murphy

COMPASS License #111144 Listed on: 05/22/2024

COMPASS

Last Buyer's Agent

Chris McPherson

Timber Real Estate License #1444020

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2230222

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,164

Year Built

  • Built in 1970

Lot Details

  • 10,710 Sq Ft Lot
  • Low Bank Waterfront Property
  • 140 Feet of Waterfront
  • Lake Front
  • Cul-De-Sac
  • Street terminates at a dead end
  • East Facing Home
  • Partially Fenced Property
  • Sloped Lot

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Property Views

  • Lake
  • Territorial

Home Design

  • Fixer Upper
  • Flat Roof Shape
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 2,632 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Dining Room
  • Storm Windows
  • Partially Finished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Bulkhead
  • Deck
  • Patio

Schools

  • Emerald Hills Elementary School
  • Lakeridge Middle School
  • Sumner Snr High School

Utilities

  • Heat Pump System
  • Generator Hookup
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • West Tapps Maintenance Association
  • Secondary HOA Phone (253) 891-2729
  • Lake Tapps Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,164

Year Built

Built in 1970

Lot Details

0

HOA Fees

$35 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1970
  • Buyer Agency Compensation: 2
  • Inclusions: Dishwashers,Dryers,Microwaves,Refrigerators,StovesRanges,Washers
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2632
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2230222?w=Consumer&agent=93439
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 2
  • Basement: Partially Finished
  • Private Spa: Yes
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Stone, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, Vaulted Ceiling(s), Wired for Generator, Fireplace
  • Living Area: 2632
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 2632
  • SquareFootageUnfinished: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)

Exterior Features

  • Roof: Flat
  • View: Lake, Territorial
  • Lot Features: Cul-De-Sac, Dead End Street, Paved
  • View: Yes
  • Waterfront Features: Bank-Low, Bulkhead, Lake
  • Waterfront: Yes
  • Direction Faces: East
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fixer
  • Structure Type: House
  • WaterfrontFootage: 140
  • WaterAccess: Deeded Access

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • PowerCompany: PSE
  • WaterCompany: City of Bonney Lake

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 425
  • Association Fee Frequency: Annually
  • Phone: 253-891-2729
  • Association: Yes
  • Common Interest: Residential
  • AssociationContactName: West Tapps Maintenance Association

Schools

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

Lot Info

  • Parcel Number: 5065300210
  • Topography: PartialSlope,Sloped
  • Land Lease: No
  • Lot Size Acres: 0.2459
  • Lot Size Sq Ft: 10710
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Hot Tub/Spa,Moorage,Patio
  • MLSLotSizeSource: Tax Records

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2024
  • Tax Annual Amount: 12164

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Emerald Hills Elem

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
May 30, 2024
Sold by
Kelly Bruce W and Kelly Lynda M
Bought by
Donahue Michael and Donahue Barbara
Seller's Agent
Chris Murphy
COMPASS
Buyer's Agent
Chris McPherson
Timber Real Estate
List Price
$900,000
Sold Price
$1,000,000
Premium/Discount to List
$100,000
11.11%
Views
19
Current Estimated Value
$1,260,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,375
Avg. Annual Appreciation
15.99%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Donahue Michael $1,000,000 Rainier Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $1,000,000 +11.1% $380 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $900,000 -- $342 / 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 $12,164 $1,209,500 $857,300 $352,200
2024 $12,164 $1,218,800 $795,000 $423,800
2023 $12,164 $1,153,200 $783,600 $369,600
2022 $12,761 $1,213,400 $840,400 $373,000
2021 $11,720 $865,500 $613,300 $252,200
2019 $8,925 $757,200 $511,900 $245,300
2018 $9,478 $690,700 $462,800 $227,900
2017 $8,300 $646,500 $430,900 $215,600
2016 $7,297 $478,500 $300,800 $177,700
2014 $3,217 $488,900 $318,200 $170,700
2013 $3,217 $418,800 $260,300 $158,500
Source: Public Records

Agents Affiliated with this Home

  • Chris Murphy

    Seller's Agent in 2024

    Chris Murphy

    COMPASS

    (360) 918-6497

    1 in this area

    142 Total Sales

    Chris Murphy
    Section Image

  • C

    Buyer's Agent in 2024

    Chris McPherson

    Timber Real Estate

    (253) 904-1500

    1 in this area

    11 Total Sales

    Chris McPherson
    Section Image
  • Matt Dubas

    Buyer Co-Listing Agent in 2024

    Matt Dubas

    Keller Williams Realty Bothell

    (206) 300-7198

    3 in this area

    508 Total Sales

    Matt Dubas
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2230222

Northwest Multiple Listing Service (NWMLS)

APN: 506530-0210

Washington Pierce County Lake Tapps 98391

4905 Jenks Point Way E, Lake Tapps, WA

Not Listed for Sale

Detached

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

Nearby Homes