$340,000
SOLD MAY 16, 2014

5101 W Tapps Dr E Lake Tapps, WA 98391

3 Beds
2 Baths
2,000 Sq Ft
0.27 Acres

Recently Sold

$170 Per Sq Ft

10% Above List Price

20 Days on Market

About This Home

As of May 2016

Here's a great opportunity to own some waterfront property. Spring is here...Summer is just around the corner and with a little bit of TLC, you can make this property shine! 71 feet of waterfront on the canal with covered boat dock and a jet ski ramp. Kitchen, Two bedrooms, bathroom and living area upstairs and a bedroom, laundry, bathroom and enormous rec room downstairs. Plenty of room for waterfront entertainment here.

Last Agent to Sell the Property

Maggie Franco

LPT Realty LLC License #24132 Listed on: 03/31/2014

LPT Realty LLC

Last Buyer's Agent

Maggie Franco

LPT Realty LLC License #24132 Listed on: 03/31/2014

LPT Realty LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM611881

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$9,432

Year Built

1974

Lot Details

0

Listing Details

  • Condition: Fair
  • Sq Ft Finished: 2000
  • Form 17: Not Provided
  • Special Features: 20
  • Year Built: 1974

Interior Features

  • Appliances: Dishwasher, Garbage Disposal
  • Fireplaces: 2
  • Basement: Daylight, Fully Finished
  • Features: Double Pane/Storm Window
  • Fireplaces: 2
  • Floor: Laminate, Vinyl, Wall to Wall Carpet
  • Water Heater Location: downstairs bedroom-gas

Exterior Features

  • Roof: Composition
  • Community Features: Boat Launch, CCRs, Private Beach Access
  • Exterior: Wood Products
  • Foundation: Poured Concrete
  • Lot Details: Paved Street
  • Roof: Composition
  • Site Features: Boat House, Cable TV, Deck, Dock, Partial Fence, High Speed Internet, Moorage, Outbuildings, Patio
  • View: Canal, Lake
  • Waterfront: Bulkhead, Canal
  • Lot Topography: Level, Partial Slope, Sloped

Garage/Parking

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

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Garbage Disposal
  • 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

  • HOA Fees: 15
  • HOA Fee Frequency: Annual

Schools

  • School District: SUM

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
$1,156,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$591,670
Avg. Annual Appreciation
7.78%
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
Not Available
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 $564,719 First American Title Ins Co
Special Warranty Deed $356,719 Fatcio
Trustee Deed $488,474 Old Republic Title Ltd
Interfamily Deed Transfer -- --
Warranty Deed $200,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $479,270 New Conventional
Closed $508,500 New Conventional
Previous Owner $521,500 Unknown
Previous Owner $100,000 Unknown
Previous Owner $160,000 No Value Available
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

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM611881

Northwest Multiple Listing Service (NWMLS)

APN: 506520-0640