NOT LISTED FOR SALE

4917 Jenks Point Way E Lake Tapps, WA 98391

Estimated Value: $2,073,000 - $2,263,000

5 Beds
4 Baths
5,538 Sq Ft
$391/Sq Ft Est. Value

Last Sold October 25, 2021

Last sale price $2,000,000 $361 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $13,683/month

5 Days on Market

Highlights

  • Boathouse
  • Waterfront Community
  • Community Boat Launch
  • Emerald Hills Elementary School Rated A-
  • Docks
  • Spa

About This Home

As of October 2021

Lake Tapps living at its finest! This spectacular gated estate offers sweeping year-round water views! Featuring 5,538 sq ft, 5bd/4ba w/76' of waterfront.Carefully designed floorplan w/luxury details & finishes perfectly balanced to display the view as well as provide endless opportunities for indoor/outdoor living. Gourmet kitchen w/commercial grade SS appliances,marble counters,oversized island & cabinets galore.Luxurious owner’s suite w/balcony & views from both sides. Lower level includes living space,sauna,2nd kitchen/bar,wine cellar & tasting rm.Truly an entertainer's dream-including waterfront cabana w/a kitchen & bath.Deck,swim area,dock w/covered boat slip & hot tub to enjoy the beautiful sunsets on the lake! All this can be yours!

Last Agent to Sell the Property

Elise Gregg

Keller Williams Realty License #113153 Listed on: 07/30/2021

Keller Williams Realty

Co-Listed By

Marilyn Gregg

Keller Williams Realty License #130827

Last Buyer's Agent

Henry Nguyen

Better Properties Hometown License #136592

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1814421

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,023

Year Built

  • Built in 1977

Lot Details

  • Open Space
  • Street terminates at a dead end
  • Gated Home
  • Property is Fully Fenced
  • Secluded Lot
  • Terraced Lot
  • Sprinkler System
  • Wooded Lot
  • Garden

Parking

  • Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Spanish Architecture
  • Poured Concrete
  • Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3 Fireplaces
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Boathouse
  • Docks
  • Deck
  • Patio

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 506530-024-0

Community Details

Recreation

  • Community Boat Launch
  • Waterfront Community
  • Tennis Courts

Additional Features

  • Lakeridge Community
  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,023

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Spanish/Sw
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, Wet Bar, Wine Cellar, Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Fireplace In Mstr Br, French Doors, Hot Tub/Spa, Jetted Tub, Sauna, Security System, Skylights, Solarium/Atrium, Vaulted Ceilings
  • Floor Covering: Ceramic Tile, Hardwood, Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Refrigerator, Washer
  • Bedrooms: 5.00
  • Lower Level Bedroom: 1
  • Bathrooms: 4.00
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 3
  • Total Half Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 3
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Lower
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 5538
  • Square Footage Finished: 5538

Exterior Features

  • Exterior: Stucco, Wood
  • Foundation: Poured Concrete
  • Roof: Tile
  • View: Lake, Mountain
  • Waterfront: Bank-Medium, Lake
  • Waterfront Frontage: 76

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Heat Pump, High Efficiency (Unspecified)
  • Power Company: PSE
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: City of Bonney Lake
  • Water Heater: Garage-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Lakeridge
  • Project: Lake Tapps Lakeridge #3
  • Community Features: Boat Launch, Clubhouse, Community Waterfront/Pvt Beach, Tennis Courts, K

Schools

  • School District: SUM

Lot Info

  • Lot Details: Dead End Street, Open Space, Paved Street, Secluded
  • Lot Sq Ft: 11200
  • Lot Topography Vegetation: Garden Space, Partial Slope, Terraces, Wooded
  • Parcel Number: 506530-024-0
  • Lot Topography: Garden Space, Partial Slope, Terraces, Wooded

Tax Info

  • Tax Amount: 17296

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Aug 31, 2021
Sold by
Sakai Kevin
Bought by
Dao Jason and Pham Anh
Seller's Agent
Elise Gregg
Keller Williams Realty
Buyer's Agent
Henry Nguyen
Better Properties Hometown
List Price
$2,300,000
Sold Price
$2,000,000
Premium/Discount to List
-$300,000
-13.04%
Total Days on Market
5
Current Estimated Value
$2,163,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,536
Avg. Annual Appreciation
2.19%

Purchase Details

Closed on
Sep 24, 2020
Sold by
Sakai Aleiah and Sakai Kevin
Bought by
Sakai Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Oct 2, 2014
Closed on
Feb 24, 2015
Sold by
Erickson Lee A and Erickson Brenda L
Bought by
Sakal Kevin and Sakal Aleiah
Seller's Agent
Ryan Gehris
USRealty.com, LLP
Buyer's Agent
Ryan Gehris
USRealty.com, LLP
List Price
$999,999
Sold Price
$950,000
Premium/Discount to List
-$49,999
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%
Original Mortgage
$760,000
Interest Rate
3.65%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in the area

  • 5009 Jenks Point Way E, Lake Tapps, WA 98391

    $1,995,000

    • 3 Beds
    • 4 Baths
    • 3,456 Sq Ft
    • 5009 Jenks Point Way E
    • Lake Tapps, WA

    Bask in panoramic views of Lake Tapps and the majestic Cascades from this custom, turn-key waterfront estate on Jenks Point. Impeccably maintained with A/C, lush professional landscaping, and a full sprinkler system. Enjoy 81 feet of premier open-water frontage from expansive decks - ideal for entertaining, soaking in the new hot tub, or savoring lakefront sunrises. The main-level primary suite

    Toril Schoepfer Toril Sells Houses Team

    Section Image
  • 4217 Lakeridge Dr E, Lake Tapps, WA 98391

    $1,890,000

    • 3 Beds
    • 3.5 Baths
    • 3,408 Sq Ft
    • 4217 Lakeridge Dr E
    • Lake Tapps, WA

    Rare opportunity to own this Lake Tapps waterfront homestead. 2 tax parcels in sought after Lakeridge cove offers protected swimming, level waterfront+stunning lake views. Combined .61 acre, this updated 3408 sq ft home offers multigenerational opportunity with 3 bedrms+3 add'l finished rooms all w/walk in closets, formal living/dining, big rec room w/ wet bar. Family room flows to beautifully

    Lauri McLeod John L. Scott R.E. Lake Tapps

    Section Image
  • 20402 Church Lake Dr E, Bonney Lake, WA 98391

    $1,750,000

    • 4 Beds
    • 4 Baths
    • 3,020 Sq Ft
    • 20402 Church Lake Dr E
    • Bonney Lake, WA

    Introducing this stunning 4bed/4 bath waterfront home on Lake Tapps! Step inside to the perfect blend of comfort & luxury w/ light & bright living/dining room & breath-taking lake views. Newer paint & luxury vinyl plank flooring through-out. Updated kitchen w/ new quartz countertops & tile backsplash. An inviting primary suite/5pc bath, additional bath & 2nd bedroom complete the main level.

    Issachar Nistrian Best Choice Realty LLC

    Section Image
  • 6598 Vandermark Rd E, Bonney Lake, WA 98391

    $2,395,000

    • 5 Beds
    • 3.5 Baths
    • 4,235 Sq Ft
    • 6598 Vandermark Rd E
    • Bonney Lake, WA

    Welcome to your secluded outdoor oasis. Stunning new construction waterfront living on gorgeous Lake Tapps! Custom home situated on a rare lot with 246 ft of no bank waterfront. Your dream kitchen has arrived-massive island, abundant natural light, walk-in pantry, pot filler and countertop glass washer. Open concept family room, soothing lake views pouring onto hand crafted cedar ceiling deck.

    Kris Andrews John L. Scott R.E. Lake Tapps

    Section Image
  • 21615 Snag Island Dr E, Lake Tapps, WA 98391

    $1,750,000

    • 4 Beds
    • 3 Baths
    • 2,782 Sq Ft
    • 21615 Snag Island Dr E
    • Lake Tapps, WA

    ***NEW PRICE! Experience lakefront living at this serene Snag Island retreat. PNW beauty unfolds with Lake & Mt views. Nestled on a shy half acre, this inviting home blends modern elegance with seamless in/outdoor living. Private boat launch, dock and boat lift. Private sandy beach. Chef’s kitchen boasts Viking appliances, an island with spacious seating flowing into the open concept space with

    Bradley Tufts Market Realty

    Section Image
  • 21026 30th Street Ct E, Lake Tapps, WA 98391

    $1,995,000

    • 5 Beds
    • 3.5 Baths
    • 4,934 Sq Ft
    • 21026 30th Street Ct E
    • Lake Tapps, WA

    Tapps Island's "Waterfall House." Luxury living at water's edge boasting 70' of prime waterfront, steps from the Tapps Island clubhouse. Expansive east-facing sun decks on both main/lower levels showcase breathtaking 180 water views. Opulent primary suite features a cozy fireplace and a spa-inspired bath w/ jetted tub. Four more uniquely designed bedrooms ensure charm and personality. The dining

    Jamie Brakken RSVP Brokers ERA

    Section Image
  • 21025 26th Street Ct E, Lake Tapps, WA 98391

    $1,899,500

    • 4 Beds
    • 3.5 Baths
    • 3,636 Sq Ft
    • 21025 26th Street Ct E
    • Lake Tapps, WA

    Welcome to lakeside luxury on Tapps Island. Enjoy countless sunsets with 125 ft of western exposure, this 4-bedroom, 3.25-bath Northwest Contemporary blends timeless style with effortless comfort across 3,636 sq ft. Walls of windows frame breathtaking lake views, while vaulted ceilings and skylights flood the home with natural light. Enjoy seamless indoor-outdoor living with a spacious deck, hot

    Luke Griffin Terrafin

    Section Image
  • 2516 214th Ave E, Lake Tapps, WA 98391

    $2,195,000

    • 3 Beds
    • 3.5 Baths
    • 4,980 Sq Ft
    • 2516 214th Ave E
    • Lake Tapps, WA

    Western facing luxury home on Lake Tapps! Architecturally designed in need of some loving updates. 102' of FLAT bank WATERFRONT, shy-1-acre lot; plus a 1200 sq ft 2-story boat shop with potential for an ADU. New boat lift. Located just 5 min. to Tapps Island GOLF COURSE! Enjoy main level 3 Bedrooms, 3 bathrooms, large home office/bonus room. Guest quarters located on lower level makes it ideal

    Alan Smith John L. Scott Enumclaw

    Section Image
  • 22816 36th St E, Buckley, WA 98321

    $2,295,000

    • 4 Beds
    • 3.5 Baths
    • 4,148 Sq Ft
    • 22816 36th St E
    • Buckley, WA

    This gated 4,148 sq ft estate offers 4 bedrooms, office, and a bonus room transformed into a luxurious home theater. The main floor primary suite features a fp, dual closets & 5 piece bath.The great room concept creates an inviting, open living space. Entertain effortlessly with a hidden wine room & chef’s kitchen with high-end appliances. Outdoors, enjoy 17.34 gated and fully fenced acres

    Kim Fraser eXp Realty

    Section Image

Range of Values:

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
Dao Jason $2,000,000 Fidelity National Title
Sakai Kevin -- First American Title Ins Co
Sakal Kevin $949,719 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dao Jason $300,000
Previous Owner Sakai Kevin $400,000
Previous Owner Sakai Kevin $741,500
Previous Owner Sakal Kevin $760,000
Previous Owner Erickson Lee A $100,000
Previous Owner Erickson Lee A $767,000
Previous Owner Erickson Lee A $584,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2021 10/25/21 Sold $2,000,000 -13.0% $361 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $2,300,000 +142.1% $415 / Sq Ft
03/26/2015 03/26/15 Sold $950,000 -5.0% $172 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
10/02/2014 10/02/14 For Sale $999,999 -- $181 / 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 $19,023 $1,989,400 $719,000 $1,270,400
2023 $19,023 $1,812,400 $708,800 $1,103,600
2022 $18,964 $1,873,000 $760,100 $1,112,900
2021 $17,296 $1,282,800 $554,700 $728,100
2019 $13,923 $1,168,500 $460,600 $707,900
2018 $12,856 $1,083,500 $416,300 $667,200
2017 $12,856 $1,018,300 $387,700 $630,600
2016 $11,650 $790,400 $270,600 $519,800
2014 $11,177 $785,200 $286,200 $499,000
2013 $11,177 $697,100 $234,200 $462,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1814421

Northwest Multiple Listing Service (NWMLS)

APN: 506530-0240