NOT LISTED FOR SALE

5012 W Tapps Dr E Lake Tapps, WA 98391

Estimated Value: $774,104 - $821,000

3 Beds
3 Baths
2,082 Sq Ft
$381/Sq Ft Est. Value

Last Sold April 29, 2020

Last sale price $530,000 $255 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,020/month

5 Days on Market

Highlights

  • Waterfront Community
  • Community Boat Launch
  • Deck
  • Emerald Hills Elementary School Rated A-
  • Lake View
  • Wooded Lot

About This Home

As of April 2020

Amazing opportunity to own a home on a private clean lake with 70' of water frontage. Roof less then 5 years old and brand new windows throughout the home. Maple wood floors throughout the main floor. Kitchen offers granite counter tops, SS appliances and gorgeous maple cabinetry. Enormous deck w/ views of the lake and room for entertaining. The master offers vaulted ceilings, large master bath and fabulous views of the lake. Waking distance to private park on Lake Tapps w/ boat ramp & park.

Last Agent to Sell the Property

Bobbie Jo Roth

Skyline Properties, Inc. License #24015252 Listed on: 03/23/2020

Skyline Properties, Inc.

Last Buyer's Agent

Jim Garner

Flux Real Estate License #137580

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1582424

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,780

Year Built

  • Built in 1980

Lot Details

  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • Attached Garage

Property Views

  • Lake
  • Territorial

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

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

Laundry

  • Dryer
  • Washer

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • 1 Fireplace
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 506580-062-0

Community Details

Overview

  • Lake Tapps Community

Recreation

  • Community Boat Launch
  • Waterfront Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,780

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 13 - Tri-Level
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, 2nd Master Br, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Hot Tub/Spa, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Family Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2082
  • Square Footage Finished: 2082

Exterior Features

  • Exterior: Brick, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake, Territorial
  • Waterfront: Lake
  • Waterfront Frontage: 70

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: City Of Bonney Lake
  • Water Heater: Lower Floor closet-Eletric
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 30
  • Community Name: Lake Tapps
  • Community Features: Boat Launch, Community Waterfront/Pvt Beach, Tennis Courts

Schools

  • Elementary School: Crestwood Elem
  • Middle School: Lakeridge Middle
  • High School: Sumner Snr High
  • School District: SUM

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 19400
  • Lot Topography Vegetation: Level, Partial Slope, Wooded
  • Parcel Number: 506580-062-0
  • Lot Topography: Level, Partial Slope, Wooded

Tax Info

  • Tax Amount: 5398

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
Apr 21, 2020
Sold by
Lindenfelser Daniel and Lindenfelser Trayce L
Bought by
Ressler Philip and Ressler Kathryn H
Seller's Agent
Bobbie Jo Roth
Skyline Properties, Inc.
Buyer's Agent
Jim Garner
Flux Real Estate
List Price
$533,500
Sold Price
$530,000
Premium/Discount to List
-$3,500
-0.66%
Total Days on Market
5
Current Estimated Value
$793,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,526
Avg. Annual Appreciation
8.27%
Original Mortgage
$503,500
Outstanding Balance
$453,326
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$341,437

Purchase Details

Closed on
Aug 17, 1998
Sold by
Sullivant James E
Bought by
Lindenfelser Daniel and Lindenfelser Trayce L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.91%
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
Ressler Philip $530,000 None Available
Lindenfelser Daniel $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ressler Philip $503,500
Previous Owner Lindenfelser Daniel $150,000
Previous Owner Lindenfelser Daniel $80,834
Previous Owner Lindenfelser Daniel $100,000
Previous Owner Lindenfelser Daniel $157,127
Previous Owner Lindenfelser Daniel $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2020 04/29/20 Sold $530,000 -0.7% $255 / Sq Ft
03/28/2020 03/28/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $533,500 -- $256 / 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 $6,780 $681,300 $311,900 $369,400
2023 $6,780 $635,800 $311,900 $323,900
2022 $6,900 $680,400 $325,600 $354,800
2021 $6,610 $483,100 $213,300 $269,800
2019 $5,398 $430,100 $194,900 $235,200
2018 $5,452 $413,500 $191,000 $222,500
2017 $4,735 $367,900 $159,700 $208,200
2016 $4,022 $292,800 $124,100 $168,700
2014 $3,818 $265,900 $101,400 $164,500
2013 $3,818 $238,000 $91,700 $146,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1582424

Northwest Multiple Listing Service (NWMLS)

APN: 506580-0620