Listed by Valley Realty Group/eXp Realty, Bought with Real Broker LLC
$735,000
SOLD FEB 21, 2023

5002 W Tapps Dr E Lake Tapps, WA 98391

3 Beds
2.5 Baths
1,766 Sq Ft
0.4 Acres

Recently Sold

$416 Per Sq Ft

1% Above List Price

Highlights

  • Lake Front
  • Community Boat Launch
  • RV Access or Parking
  • Emerald Hills Elementary School Rated A-
  • Spa
  • Deck

About This Home

As of August 2025

Gorgeous waterfront home located on serene Hidden Lake. Access to 3 private parks, one that includes a private Lake Tapps boat launch. Remodeled home boasts new kitchen w/quartz counters, stainless appliances. LR w/new gas fireplace insert & vaulted ceiling. DR w/French doors to deck. Main floor fam rm/office. Watch nesting eagles from your hot tub or enjoy ever-changing lake views from your expansive deck. Primary bed w/new 3/4 bath & balcony w/lake views. 2 add beds & full bath on upper level. New LVP floors, fresh paint in & out, new smart thermostat, new garage doors, new windows, etc. RV & additional parking, irrigation system, wired for generator. Lake stocked w/1000 Rainbow trout/annually. No Public Access/no motorized boats.

Last Agent to Sell the Property

Brenda Poskitt

Valley Realty Group/eXp Realty License #18317 Listed on: 01/19/2023

Valley Realty Group/eXp Realty

Co-Listed By

Cory Brandt

RE/MAX Integrity License #17039

Last Buyer's Agent

Badreddine Mala

Real Broker LLC License #22007414

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2023916

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,328

Year Built

  • Built in 1978

Lot Details

  • 0.4 Acre Lot
  • Lake Front
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Wooded Lot
  • Garden

HOA Fees

  • $35 Monthly HOA Fees

Parking

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

Property Views

  • Lake
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 1,766 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Dining Room
  • Storm Windows

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Stone
  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Spa Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck
  • Patio

Schools

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

Utilities

  • Central Air
  • Smart Home Wiring
  • Generator Hookup
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5065800590

Community Details

Overview

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

Recreation

  • Community Boat Launch
  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,328

Year Built

Built in 1978

Lot Details

0

HOA Fees

$35 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1978
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Lake Tapps Lakeridge
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1766
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Basement: None
  • 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
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Stone, Vinyl Plank, Carpet
  • Interior Amenities: Central A/C, Forced Air, Ceramic Tile, Laminate Tile, Wall to Wall Carpet, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Hot Tub/Spa, Skylight(s), SMART Wired, Sprinkler System, Vaulted Ceiling(s), Walk-In Pantry, Wired for Generator, Water Heater
  • Living Area: 1766
  • Bathrooms: 2.25
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 1766
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: Lake, Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Features: Cement Planked, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage 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
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Septic
  • WaterCompany: Bonney Lake Water
  • WaterHeaterLocation: Garage
  • WaterHeaterType: 64 Gallon Conventional

Condo/Co-op/Association

  • Community Features: Athletic Court, Boat Launch, Community Waterfront/Pvt Beach
  • Senior Community: No
  • Association Fee: 35
  • Association Fee Frequency: Monthly
  • Phone: 253-891-2729
  • Association: Yes
  • AssociationContactName: West Tapps Maintenance Co

Schools

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

Lot Info

  • Parcel Number: 5065800590
  • Topography: Level,PartialSlope,Sloped
  • Land Lease: No
  • Lot Size Acres: 0.404
  • Lot Size Sq Ft: 17600
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Hot Tub/Spa,Patio,RV Parking,Sprinkler System
  • MLSLotSizeSource: Pierce County Records
  • MLSSquareFootageSource: Pierce County Records

Green Features

  • Power Production Type: Electric, Pellet

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 6328

Multi Family

  • EnergySource: Electric,Pellet

MLS Schools

  • Elementary School: Emerald Hills Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2025
Closed on
Aug 19, 2025
Sold by
Lam Wendy and Hensley Joshua Adam
Bought by
Haney Travis and Haney Emily
Seller's Agent
Christopher Dalto
Real Broker LLC
Buyer's Agent
No Member Specified
NWMLS-NonOffice
List Price
$810,000
Sold Price
$810,000
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-19.90%
Original Mortgage
$785,700
Outstanding Balance
$785,020
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$3,701

Purchase Details

Listed on
Jan 19, 2023
Closed on
Feb 11, 2023
Sold by
Gawler Russell T
Bought by
Lam Wendy and Hensley Joshua Adam
Seller's Agent
Brenda Poskitt
Valley Realty Group/eXp Realty
Buyer's Agent
Badreddine Mala
Real Broker LLC
List Price
$725,000
Sold Price
$735,000
Premium/Discount to List
$10,000
1.38%
Views
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
3.96%
Original Mortgage
$588,000
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 21, 2018
Closed on
Aug 22, 2018
Sold by
Catlett Randell Lee
Bought by
Gawler Russell T
Seller's Agent
Stacie Shelton
Best Choice Realty LLC
Buyer's Agent
Brenda Poskitt
Valley Realty Group/eXp Realty
List Price
$475,000
Sold Price
$452,000
Premium/Discount to List
-$23,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.46%
Original Mortgage
$466,916
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Sep 23, 2002
Sold by
Catlett Brenda L
Bought by
Catlett Randell Lee

Purchase Details

Closed on
Dec 10, 1998
Sold by
Catlett Randell L and Catlett Brenda L
Bought by
Catlett Randell L and Catlett Brenda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.78%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $810,000 Nextitle
Warranty Deed -- Fidelity National Title
Warranty Deed $451,719 Chicago Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $785,700 New Conventional
Previous Owner $588,000 New Conventional
Previous Owner $466,916 VA
Previous Owner $180,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 Sold $810,000 0.0% $459 / Sq Ft
08/20/2025 08/20/25 For Sale $810,000 +10.2% $459 / Sq Ft
02/21/2023 02/21/23 Sold $735,000 +1.4% $416 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $725,000 +60.4% $411 / Sq Ft
08/31/2018 08/31/18 Sold $452,000 -1.2% $256 / Sq Ft
07/13/2018 07/13/18 Pending -- -- --
06/20/2018 06/20/18 Price Changed $457,350 -1.2% $259 / Sq Ft
06/08/2018 06/08/18 Price Changed $462,999 -2.5% $262 / Sq Ft
05/21/2018 05/21/18 For Sale $475,000 -- $269 / 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 $6,456 $688,400 $363,200 $325,200
2024 $6,456 $645,800 $303,700 $342,100
2023 $6,456 $604,700 $303,700 $301,000
2022 $6,328 $622,500 $317,100 $305,400
2021 $6,054 $441,500 $207,700 $233,800
2019 $5,020 $397,700 $189,800 $207,900
2018 $5,059 $383,800 $185,100 $198,700
2017 $4,368 $340,700 $154,800 $185,900
2016 $3,717 $270,900 $120,300 $150,600
2014 $3,437 $245,200 $98,300 $146,900
2013 $3,437 $218,200 $88,900 $129,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2023916

Northwest Multiple Listing Service (NWMLS)

APN: 506580-0590