Listed by Equity Real Estate Services, Bought with Renaissance Real Estate LLC
$316,000
SOLD MAY 16, 2014

5105 W Tapps Dr E Lake Tapps, WA 98391

2 Beds
1 Bath
1,392 Sq Ft
0.26 Acres

Recently Sold

$227 Per Sq Ft

18% Above List Price

21 Days on Market

About This Home

As of May 2020

Waterfront living! Just in time for summer! Exterior needs some TLC so fix this one up through the winter and enjoy all that Lake Tapps brings in the summer. 2 bedrooms with loft and Sun room just off the living room with built in rec bar. Slider to the back deck and storage shed for all your water activities, then stairs down to your private boat dock and a small fire pit. Detach 2 car garage. This is the least expensive waterfront property on the entire lake. Your investment is solid!!

Last Agent to Sell the Property

Birk Stutzke

Equity Real Estate Services License #92438 Listed on: 04/10/2014

Equity Real Estate Services

Last Buyer's Agent

Jamie Penrod

Renaissance Real Estate LLC License #27706

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM618113

Northwest Multiple Listing Service (NWMLS)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
May 22, 2020
Sold by
Clayville Erin and Clayville Nathan
Bought by
Borovich Michael A
Seller's Agent
Jamie Penrod
Renaissance Real Estate LLC
Buyer's Agent
Brandon Scheer
RE/MAX Extra Inc.
List Price
$699,990
Sold Price
$680,000
Premium/Discount to List
-$19,990
-2.86%
Total Days on Market
21
Current Estimated Value
$945,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,424
Avg. Annual Appreciation
6.77%

Purchase Details

Listed on
Apr 10, 2014
Closed on
May 7, 2014
Sold by
Jpmorgan Chase Bank National Association
Bought by
Krivanek Erin
Seller's Agent
Birk Stutzke
Equity Real Estate Services
Buyer's Agent
Jamie Penrod
Renaissance Real Estate LLC
List Price
$268,043
Sold Price
$316,000
Premium/Discount to List
$47,957
17.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.55%
Original Mortgage
$300,200
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2013
Sold by
Taylor Ryan J and Taylor Loraine D
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
May 25, 2007
Sold by
Carroll Patrick
Bought by
Taylor Ryan J and Taylor Loraine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,500
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 5, 2007
Sold by
Carroll Patrick
Bought by
Carroll Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,500
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 28, 1996
Sold by
Hoirup Jacob R and Hoirup Georgia M
Bought by
Carroll Patrick and Carroll Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,200
Interest Rate
8.3%
Source: Public Records

Range of Values:

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ICE

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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 $680,000 Stewart Title
Bargain Sale Deed $316,000 Fidelity National Title
Trustee Deed $361,956 None Available
Warranty Deed $575,000 Puget Sound Title Company
Interfamily Deed Transfer -- Service Link
Warranty Deed $214,988 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $302,000 New Conventional
Previous Owner $300,200 New Conventional
Previous Owner $57,500 Credit Line Revolving
Previous Owner $359,000 New Conventional
Previous Owner $138,000 Unknown
Previous Owner $110,000 Unknown
Previous Owner $60,000 Credit Line Revolving
Previous Owner $215,500 Balloon
Previous Owner $204,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2020 05/26/20 Sold $680,000 -2.9% $420 / Sq Ft
05/14/2020 05/14/20 Pending -- -- --
05/12/2020 05/12/20 For Sale $699,990 +121.5% $432 / Sq Ft
05/16/2014 05/16/14 Sold $316,000 +17.9% $227 / Sq Ft
05/02/2014 05/02/14 Pending -- -- --
04/10/2014 04/10/14 For Sale $268,043 -- $193 / 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
2024 $8,701 $873,500 $574,900 $298,600
2023 $8,701 $820,400 $561,000 $259,400
2022 $9,148 $865,200 $601,700 $263,500
2021 $8,338 $612,400 $439,100 $173,300
2019 $6,452 $543,400 $387,500 $155,900
2018 $6,839 $496,300 $350,300 $146,000
2017 $6,018 $463,900 $326,200 $137,700
2016 $5,254 $342,300 $227,700 $114,600
2014 $4,984 $349,800 $240,800 $109,000
2013 $4,984 $299,500 $197,000 $102,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM618113

Northwest Multiple Listing Service (NWMLS)

APN: 506520-0650