NOT LISTED FOR SALE

5101 W Tapps Dr E Lake Tapps, WA 98391

Estimated Value: $1,023,000 - $1,115,000

3 Beds
2 Baths
2,000 Sq Ft
$527/Sq Ft Est. Value

Last Sold May 10, 2016

Last sale price $565,000 $282 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $6,355/month

3 Days on Market

Highlights

  • Waterfront Community
  • Docks
  • Lake View
  • Emerald Hills Elementary School Rated A-
  • Spa
  • Deck

About This Home

As of May 2016

This nicely updated daylight basement rambler is located on a nice Eastern Facing Waterfront lot on Lake Tapps. This home features 3 bedrooms, 2 full baths, living room with fireplace, dining room, updated kitchen, oversized rec rm with entertaining bar & exercise room. The kitchen features new cabinets, granite countertops, and beautiful hardwood floors. The home features 2 fireplaces, French Doors, 2 car garage and tons of parking. Enjoy this summer relaxing at your own waterfront paradise.

Last Agent to Sell the Property

Kim Fraser

eXp Realty License #48561 Listed on: 03/29/2016

eXp Realty

Last Buyer's Agent

Aaron Walker

eXp Realty License #50944

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM916533

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,432

Year Built

  • Built in 1974

Lot Details

  • Level Lot

Parking

  • Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2 Fireplaces
  • Lake Views
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Outdoor Features

  • Spa
  • Docks
  • Deck
  • Patio

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5065200640

Community Details

Overview

  • Lake Tapps Community

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,432

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw, Dining Room, French Doors, Hot Tub/Spa
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 1
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Fully Finished
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2000
  • Square Footage Finished: 2000

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake
  • Waterfront: Bank-Medium, Lake

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: City of Bonney Lake
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Lake Tapps
  • Community Features: Community Waterfront/Pvt Beach

Schools

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

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 11620
  • Lot Topography Vegetation: Level, Sloped
  • Parcel Number: 5065200640
  • Lot Topography: Level, Sloped

Tax Info

  • Tax Amount: 5306

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2016
Closed on
May 9, 2016
Sold by
Next Dream Investments Llc
Bought by
Sequist Daniel C
Seller's Agent
Kim Fraser
eXp Realty
Buyer's Agent
Aaron Walker
eXp Realty
List Price
$575,000
Sold Price
$565,000
Premium/Discount to List
-$10,000
-1.74%
Current Estimated Value
$1,054,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$489,552
Avg. Annual Appreciation
7.66%
Original Mortgage
$508,500
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 31, 2014
Closed on
May 19, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Next Dream Investments Llc
Seller's Agent
Maggie Franco
LPT Realty LLC
Buyer's Agent
Maggie Franco
LPT Realty LLC
List Price
$310,000
Sold Price
$340,000
Premium/Discount to List
$30,000
9.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.07%

Purchase Details

Closed on
Mar 5, 2014
Sold by
Bergh Robert Anthony
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Jun 26, 2000
Sold by
Bergh Anna Magdeline
Bought by
Bergh Robert Anthony

Purchase Details

Closed on
May 20, 1998
Sold by
Warner Ernest F
Bought by
Bergh Robert A and Bergh Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.13%
Source: Public Records

Range of Values:

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Average Value
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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
Sequist Daniel C $564,719 First American Title Ins Co
Next Dream Investments Llc $356,719 Fatcio
Nationstar Mortgage Llc $488,474 Old Republic Title Ltd
Bergh Robert Anthony -- --
Bergh Robert A $200,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sequist Daniel C $508,500
Previous Owner Bergh Robert A $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2016 05/10/16 Sold $565,000 -1.7% $283 / Sq Ft
04/02/2016 04/02/16 Pending -- -- --
03/29/2016 03/29/16 For Sale $575,000 +69.1% $288 / Sq Ft
05/16/2014 05/16/14 Sold $340,000 0.0% $170 / Sq Ft
04/02/2014 04/02/14 Off Market $340,000 -- --
03/31/2014 03/31/14 For Sale $310,000 -- $155 / 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 $9,432 $1,032,200 $653,000 $379,200
2024 $9,432 $960,500 $582,200 $378,300
2023 $9,432 $890,700 $562,600 $328,100
2022 $9,806 $934,000 $603,300 $330,700
2021 $8,926 $656,400 $440,300 $216,100
2019 $7,126 $602,500 $390,200 $212,300
2018 $7,595 $549,300 $352,800 $196,500
2017 $6,428 $516,200 $328,500 $187,700
2016 $5,596 $366,800 $229,300 $137,500
2014 $4,666 $373,100 $242,500 $130,600
2013 $4,666 $299,500 $198,400 $101,100
Source: Public Records

Agents Affiliated with this Home

  • Kim Fraser

    Seller's Agent in 2016

    Kim Fraser

    eXp Realty

    (425) 209-5638

    49 in this area

    232 Total Sales

    Kim Fraser
    Section Image
  • Aaron Walker

    Buyer's Agent in 2016

    Aaron Walker

    eXp Realty

    (253) 377-7692

    41 Total Sales

    Aaron Walker
    Section Image
  • Maggie Franco

    Seller's Agent in 2014

    Maggie Franco

    LPT Realty LLC

    (253) 604-6000

    2 in this area

    194 Total Sales

    Maggie Franco
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM916533

Northwest Multiple Listing Service (NWMLS)

APN: 506520-0640

Washington Pierce County Lake Tapps 98391

5101 W Tapps Dr E, Lake Tapps, WA

This home is located at 5101 W Tapps Dr E, Lake Tapps, WA 98391 since 29 March 2016 and is currently estimated at $1,054,552, approximately $527 per square foot. This property was built in 1974. 5101 W Tapps Dr E is a home located in Pierce County with nearby schools including Emerald Hills Elementary School, Lakeridge Middle School, and Sumner High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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