Listed by Skyline Properties, Inc., Bought with Flux Real Estate
NOT LISTED FOR SALE

5012 W Tapps Dr E Lake Tapps, WA 98391

Estimated Value: $671,000 - $848,000

3 Beds
2.5 Baths
2,082 Sq Ft
$372/Sq Ft Est. Value

Last Sold April 29, 2020

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

Est. 46% increase in value since last sale

Current estimated payment $4,690/month

5 Days on Market

Highlights

  • 70 Feet of Waterfront
  • 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#: 1582424

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,398

Year Built

  • Built in 1980

Lot Details

  • 0.45 Acre Lot
  • 70 Feet of Waterfront
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Territorial

Home Design

  • 3-Story Property
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,082 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Dining Room
  • Storm Windows

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Spa Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Crestwood Elementary School
  • Lakeridge Middle School
  • Sumner Snr High School

Utilities

  • Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 506580-062-0

Community Details

Overview

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

Recreation

  • Community Boat Launch

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,398

Year Built

Built in 1980

Lot Details

0

HOA Fees

$30 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 13 - Tri-Level
  • Year Built: 1980
  • Inclusions: Dishwasher,Dryer,Microwave,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Three Or More
  • New Construction: No
  • CalculatedSquareFootage: 2082
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • SOCComments: minus concessions
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Private Spa: Yes
  • Appliances: Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Laminate, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Hot Tub/Spa, Skylight(s), Water Heater
  • Living Area: 2082
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 2082
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Range/Oven,Refrigerator,Washer

Exterior Features

  • Roof: Composition
  • View: Lake, Territorial
  • View: Yes
  • Waterfront: Yes
  • Exterior Features: Brick, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: false
  • WaterfrontFootage: 70

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Partially Fenced
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electricity Available
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: City Of Bonney Lake
  • WaterHeaterLocation: Lower Floor closet
  • WaterHeaterType: Eletric

Condo/Co-op/Association

  • Community Features: Boat Launch, Community Waterfront/Pvt Beach
  • Association Fee: 30
  • Association Fee Frequency: Monthly
  • Phone: 253-891-2729
  • AssociationContactName: West Tapps Maintenance Co

Schools

  • Junior High Dist: Sumner
  • High School: Sumner Snr High
  • Middle Or Junior School: Lakeridge Middle

Lot Info

  • Parcel Number: 506580-062-0
  • Topography: Level,PartialSlope
  • Lot Size Acres: 0.4454
  • Lot Size Sq Ft: 19400
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,High Speed Internet,Sprinkler System
  • MLSLotSizeSource: Public Record
  • MLSSquareFootageSource: Piercw County

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 5398

MLS Schools

  • Elementary School: Crestwood Elem

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%
Current Estimated Value
$775,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,532
Avg. Annual Appreciation
7.97%
Original Mortgage
$503,500
Outstanding Balance
$450,530
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$351,844

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

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 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 $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
2025 $6,780 $723,300 $371,500 $351,800
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: 1582424

Northwest Multiple Listing Service (NWMLS)

APN: 506580-0620