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

4905 Jenks Point Way E Lake Tapps, WA 98391

Estimated Value: $991,000 - $1,384,000

3 Beds
2 Baths
2,632 Sq Ft
$435/Sq Ft Est. Value

Last Sold May 31, 2024

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

Est. 14% increase in value since last sale

Current estimated payment $7,094/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
  • Possible Bedrooms: 3
  • 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
  • Bathrooms: 2
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 2632
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 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)
  • FireplacesLower: 1

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
  • MLSSquareFootageSource: 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

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
$1,144,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,619
Avg. Annual Appreciation
12.76%
Source: Public Records

Range of Values:

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

Property History

Date Event Price Change Sq Ft Price
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

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2230222

Northwest Multiple Listing Service (NWMLS)

APN: 506530-0210