$635,000
SOLD MAY 22, 2015

5024 168th Ave E Lake Tapps, WA 98391

3 Beds
2 Baths
5,000 Sq Ft
1.11 Acres

Recently Sold

$127 Per Sq Ft

6% Below List Price

386 Days on Market

Highlights

  • Indoor Pool
  • City View
  • Secluded Lot
  • Crestwood Elementary School Rated A-
  • Deck
  • 3 Fireplaces

About This Home

As of June 2023

SPECTACULAR SUNSET & TWILIGHT VIEWS OF OLYMPICS, CITY LIGHTS, NARROWS BRIDGE & MORE. This custom built rambler w/basement is your own private resort. Features incl owners suite & luxurious 5 piece bath w/his & her dressing areas on main floor. Formal living, dining, family rm, rec rm, gourmet kitchen, indoor pool & spa, THX certified theater room (equip incl), surround sound, A/C, 3 car garage on 1.1 low maintenance manicured acres. This resort home has too many upgrades to list - a must see!

Last Agent to Sell the Property

Jane Alexander

Windermere Real Estate/PSK Inc Listed on: 03/18/2014

Last Buyer's Agent

Jane Alexander

Windermere Real Estate/PSK Inc Listed on: 03/18/2014

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM606066

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,955

Year Built

  • Built in 1995

Lot Details

  • Open Space
  • Street terminates at a dead end
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Garden

Parking

  • Attached Garage

Property Views

  • City
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2 Bathrooms
  • 3 Fireplaces
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Pool

  • Indoor Pool
  • Spa

Outdoor Features

  • Deck
  • Patio

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Lake Tapps Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 0520206017

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,955

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Homebuilder: Custom
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wired For Generator, Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, High Tech Cabling, Hot Tub/Spa, Security System, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 1
  • Bathrooms: 3.50
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Main
  • Fireplaces: 3
  • Fireplaces Main: 2
  • Fireplaces Lower: 1
  • Basement: Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 5000
  • Square Footage Finished: 5000

Exterior Features

  • Exterior: Stucco, Wood
  • Foundation: Poured Concrete
  • Roof: Tile
  • View: City, Mountain, Territorial
  • Pool: Indoor

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Central A/C, Forced Air, 90%+ High Efficiency
  • Power Company: PSE
  • Sewer: Septic
  • Sewer Company: Private
  • Water Company: Bonney Lake
  • Water Heater: Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Lake Tapps
  • Community Features: Ccrs

Schools

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

Lot Info

  • Lot Details: Curbs, Dead End Street, Open Space, Paved Street, Secluded
  • Lot Sq Ft: 48352
  • Lot Topography Vegetation: Garden Space, Level, Partial Slope
  • Parcel Number: 0520206017
  • Lot Topography: Garden Space, Level, Partial Slope

Tax Info

  • Tax Amount: 8369

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Jun 1, 2023
Sold by
Wright Steven and Wright Autumn
Bought by
Hawk Teresa L and Flewelling Michael Stratton
Seller's Agent
Becky Barrick
COMPASS
Buyer's Agent
Joe Bauman
John L. Scott R.E.Tacoma North
List Price
$1,495,000
Sold Price
$1,560,000
Premium/Discount to List
$65,000
4.35%
Views
5
Current Estimated Value
$1,492,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$67,024
Avg. Annual Appreciation
-2.04%
Original Mortgage
$1,248,000
Outstanding Balance
$1,217,493
Interest Rate
6.43%
Mortgage Type
Credit Line Revolving
Estimated Equity
$275,483

Purchase Details

Listed on
Jan 13, 2017
Closed on
May 24, 2017
Sold by
Wright Autumn and Wright Steven
Bought by
Wright Steven
Seller's Agent
Susan Krueger
Coldwell Banker Danforth
Buyer's Agent
John Lynch
Keller Williams Realty
List Price
$724,900
Sold Price
$695,000
Premium/Discount to List
-$29,900
-4.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.32%
Original Mortgage
$69,400
Interest Rate
3.95%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Mar 18, 2014
Closed on
May 12, 2015
Sold by
Read Thomas and Read Shirley
Bought by
Wilson Derek and Wilson Kelli
Seller's Agent
Jane Alexander
Windermere Real Estate/PSK Inc
Buyer's Agent
Jane Alexander
Windermere Real Estate/PSK Inc
List Price
$675,000
Sold Price
$635,000
Premium/Discount to List
-$40,000
-5.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%
Original Mortgage
$506,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2002
Sold by
Read Thomas
Bought by
Read Thomas and Read Shirley
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 Type Sale Price Title Company
Warranty Deed $1,560,000 Ticor Title
Interfamily Deed Transfer -- Fidelity National Title
Warranty Deed $694,719 Fidelity National Title
Warranty Deed $634,719 Old Republic Title Ltd
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,248,000 Credit Line Revolving
Previous Owner $0 Credit Line Revolving
Previous Owner $535,000 New Conventional
Previous Owner $129,000 Credit Line Revolving
Previous Owner $69,400 Credit Line Revolving
Previous Owner $556,000 New Conventional
Previous Owner $506,000 New Conventional
Previous Owner $196,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2023 06/07/23 Sold $1,560,000 +4.3% $288 / Sq Ft
04/30/2023 04/30/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $1,495,000 +115.1% $276 / Sq Ft
05/26/2017 05/26/17 Sold $695,000 -0.7% $128 / Sq Ft
05/04/2017 05/04/17 Pending -- -- --
05/01/2017 05/01/17 Price Changed $699,999 -3.4% $129 / Sq Ft
04/28/2017 04/28/17 For Sale $724,900 0.0% $134 / Sq Ft
04/13/2017 04/13/17 Pending -- -- --
02/25/2017 02/25/17 Price Changed $724,900 -3.3% $134 / Sq Ft
01/13/2017 01/13/17 For Sale $749,950 +18.1% $138 / Sq Ft
05/22/2015 05/22/15 Sold $635,000 -2.3% $127 / Sq Ft
04/09/2015 04/09/15 Pending -- -- --
01/31/2015 01/31/15 Price Changed $650,000 -3.7% $130 / Sq Ft
05/08/2014 05/08/14 For Sale $675,000 0.0% $135 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
03/18/2014 03/18/14 For Sale $675,000 -- $135 / 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 $11,955 $1,344,700 $308,800 $1,035,900
2024 $11,955 $1,402,600 $301,600 $1,101,000
2023 $11,955 $1,133,100 $301,600 $831,500
2022 $11,614 $1,204,200 $295,500 $908,700
2021 $11,434 $844,100 $214,000 $630,100
2019 $10,303 $775,500 $183,400 $592,100
2018 $12,023 $799,000 $197,700 $601,300
2017 $10,473 $822,600 $186,400 $636,200
2016 -- $673,900 $144,000 $529,900
2014 $8,563 $595,200 $110,100 $485,100
2013 $8,563 $540,200 $103,100 $437,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM606066

Northwest Multiple Listing Service (NWMLS)

APN: 052020-6017