Listed by John L. Scott, Inc., Bought with Real Broker LLC
$290,000
SOLD MAY 15, 2017

5102 Jenks Point Way E Lake Tapps, WA 98391

0.27 Acre
$1,074,074 Price per Acre
11,761 Sq Ft Lot

Recently Sold

$74 Per Sq Ft

11% Below List Price

64 Days on Market

Highlights

  • Waterfront Community
  • Community Boat Launch
  • Open Space
  • Emerald Hills Elementary School Rated A-
  • Lake View

About This Lot

As of October 2022

APPROVED SEPTIC DESIGN!!!!!This is the perfect location to build your dream home on Lake Tapps within a private cove. Not only is there power and water on the property, but there is also a sturdy dock, boat slip, and Sea Doo ramps. And that is not all. The boat slip comes equipped with a solar panel boat lift. The library staircase is just the right touch to retreat into the water, and from there one can admire the tombstone etched bulkhead as the finishing touch.

Last Agent to Sell the Property

Renee Gray

John L. Scott, Inc. License #108971 Listed on: 01/04/2017

John L. Scott, Inc.

Last Buyer's Agent

Jessica Yost

Real Broker LLC License #122043

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1064165

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,693

Lot Details

  • Open Space
  • Sloped Lot

Additional Features

  • Lake Views
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 5065300080

Community Details

Overview

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

Recreation

  • Community Boat Launch
  • Waterfront Community
  • Bulkhead

Property Details

Property Type

Land

Est. Annual Taxes

$15,693

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Lightly Treed, Partially Cleared, Recreational
  • Style: 40 - Res-Less Thn 1 Ac
  • Restrictions: CCAndR
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Approved Number of Bedrooms: 3

Exterior Features

  • Road Information: Paved
  • View: Lake
  • Waterfront: Bulkhead

Utilities

  • Electricity: On Property
  • Gas Available: In Street
  • Septic Approved for Number of Bedrooms: 3
  • Septic Designedand Appliedfor: Y
  • Sewer: Not Available
  • Water: On Property

Condo/Co-op/Association

  • Community Name: Lakeridge
  • Community Features: Boat Launch, CCRs, Community Waterfront/Pvt Beach

Schools

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

Lot Info

  • General Zoning Classification: Residential
  • Improvements: Boat House, Cable Tv Available, Dock, Outbuilding(s)
  • Lot Details: Open Space, Paved Street
  • Lot Sq Ft: 11908
  • Parcel Number: 5065300080
  • Soils Feasibility Available: Y
  • Survey: Leroy Surveyors
  • Topography: Sloped
  • Zoning Jurisdiction: County
  • Zoning Remarks: R10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Oct 6, 2022
Sold by
Meadows Ladonna
Bought by
Pitingoro Amanda R and Pitingoro Jake Angelo
Seller's Agent
Tami Spurbeck
Redfin
Buyer's Agent
Jana Schmidt
Rain City Real Estate
List Price
$1,850,000
Sold Price
$1,750,000
Premium/Discount to List
-$100,000
-5.41%
Current Estimated Value
$1,787,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,638
Avg. Annual Appreciation
0.23%
Original Mortgage
$1,400,000
Outstanding Balance
$1,349,149
Interest Rate
5.89%
Mortgage Type
Balloon
Estimated Equity
$412,073

Purchase Details

Listed on
Dec 8, 2017
Closed on
Jan 18, 2018
Sold by
T Garrett Construction Inc
Bought by
Meadows Ladonna and Kummerfeldt Ryan
Seller's Agent
Jessica Yost
Real Broker LLC
Buyer's Agent
Joe Bauman
John L. Scott R.E.Tacoma North
List Price
$1,100,000
Sold Price
$1,090,000
Premium/Discount to List
-$10,000
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%
Original Mortgage
$204,200
Interest Rate
3.92%
Mortgage Type
Unknown

Purchase Details

Listed on
Jan 4, 2017
Closed on
May 9, 2017
Sold by
Smith Steven K and Robinson Barbara
Bought by
T Garrett Construction Inc
Seller's Agent
Renee Gray
John L. Scott, Inc.
Buyer's Agent
Jessica Yost
Real Broker LLC
List Price
$325,000
Sold Price
$290,000
Premium/Discount to List
-$35,000
-10.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
562.93%

Purchase Details

Closed on
Sep 29, 2014
Sold by
Smith Steven K and Robinson Barbara K
Bought by
Smith Robinson Trust

Purchase Details

Closed on
May 3, 2002
Sold by
Soderman Kenneth L
Bought by
Smith Steven K and Robinson Barbara K
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 -- Fidelity National Title
Warranty Deed $1,089,719 Ticor Title
Warranty Deed $289,719 Rainier Title
Interfamily Deed Transfer -- None Available
Warranty Deed $137,900 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,400,000 Balloon
Previous Owner $204,200 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2022 10/12/22 Sold $1,750,000 -5.4% $444 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $1,850,000 +69.7% $469 / Sq Ft
01/25/2018 01/25/18 Sold $1,090,000 -0.9% $277 / Sq Ft
12/19/2017 12/19/17 Pending -- -- --
12/08/2017 12/08/17 For Sale $1,100,000 +279.3% $279 / Sq Ft
05/15/2017 05/15/17 Sold $290,000 -10.8% $74 / Sq Ft
03/10/2017 03/10/17 Pending -- -- --
01/04/2017 01/04/17 For Sale $325,000 -- $82 / 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 $15,693 $1,703,400 $646,300 $1,057,100
2024 $15,693 $1,639,500 $578,900 $1,060,600
2023 $15,693 $1,492,400 $570,700 $921,700
2022 $15,641 $1,542,600 $612,000 $930,600
2021 $14,021 $1,037,700 $446,600 $591,100
2019 $11,338 $949,300 $374,600 $574,700
2018 $3,627 $880,300 $338,600 $541,700
2017 $3,627 $273,400 $269,600 $3,800
2016 $2,995 $191,300 $188,200 $3,100
2014 $2,588 $202,100 $199,100 $3,000
2013 $2,588 $165,800 $162,900 $2,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1064165

Northwest Multiple Listing Service (NWMLS)

APN: 506530-0080