Listed by TD Home Team Inc, Bought with RE/MAX Northwest
NOT LISTED FOR SALE

5109 W Tapps Dr E Lake Tapps, WA 98391

Estimated Value: $1,200,000 - $1,238,577

3 Beds
4 Baths
2,262 Sq Ft
$541/Sq Ft Est. Value

Last Sold August 13, 2024

Last sale price $1,203,000 $532 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,405/month

8 Days on Market

Highlights

  • 72 Feet of Waterfront
  • Docks
  • Sauna
  • Emerald Hills Elementary School Rated A-
  • Second Kitchen
  • RV Access or Parking

About This Home

As of August 2024

Discover Lakeside Luxury on Lake Tapps! This incredible property boasts 72 FT of waterfront, perfect for water sports or just relaxing! This home features a modern, updated interior with vaulted ceiling that floods the space with Natural light. A one-of-a-kind breezeway entry greets you as soon as you open the main door creating a seamless indoor-outdoor living experience. The versatile lower level, complete with its own kitchen and private entrance, offers the flexibility of an ADU or MIL suite. Own a Slice of Paradise with Lakeside Living at its Finest with this waterfront gem.

Last Agent to Sell the Property

Nick Thong

TD Home Team Inc License #2199 Listed on: 07/11/2024

Last Buyer's Agent

Tamara Paul

RE/MAX Northwest License #26772

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2263754

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,012

Year Built

  • Built in 1979

Lot Details

  • 0.28 Acre Lot
  • 72 Feet of Waterfront
  • Property is Fully Fenced
  • Sloped Lot
  • Sprinkler System
  • Garden
  • Property is in good condition

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,262 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Sauna
  • Canal Views
  • Natural lighting in basement

Kitchen

  • Second Kitchen
  • Walk-In Pantry
  • Stove
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Canal Access
  • Bulkhead
  • Docks
  • Deck

Schools

  • Emerald Hills Elementary School
  • Sumner Snr High School

Utilities

  • Forced Air Heating and Cooling System
  • Ductless Heating Or Cooling System
  • Generator Hookup
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • West Tapps HOA
  • Secondary HOA Phone (253) 891-2729
  • Lake Tapps Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5065200660

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,012

Year Built

Built in 1979

Lot Details

0

HOA Fees

$30 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 1979
  • Buyer Agency Compensation: 2.5%
  • Inclusions: Dishwashers,Dryers,Refrigerators,StovesRanges,Washers
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2262
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • SOCComments: 2.5% Buyer Broker Commission
  • Special Features: None

Interior Features

  • Basement: Daylight
  • Appliances: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Laminate Hardwood, Wall to Wall Carpet, Second Kitchen, Double Pane/Storm Window, Sauna, Security System, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Wired for Generator, Water Heater
  • Living Area: 2262
  • Main Level Bathrooms: 1
  • Bathrooms: 3
  • BathsFullMain: 0
  • SquareFootageFinished: 2262
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 1
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)

Exterior Features

  • Roof: Composition
  • View: Canal
  • Lot Features: Paved
  • View: Yes
  • Waterfront Features: Bulkhead, Canal Access
  • Waterfront: Yes
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • WaterfrontFootage: 72

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: SecuritySystem, PartiallyFenced
  • Cooling: Ductless HP-Mini Split, Forced Air
  • Cooling Y N: Yes
  • Heating: Ductless HP-Mini Split, Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Bonney Lake Utility Services
  • WaterHeaterLocation: Utility Room
  • WaterHeaterType: Water Heater

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 30
  • Association Fee Frequency: Monthly
  • Phone: 253-891-2729
  • Association: Yes
  • AssociationContactName: West Tapps HOA

Schools

  • Junior High Dist: Sumner-Bonney Lake
  • High School: Sumner Snr High
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 5065200660
  • Topography: PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.2796
  • Lot Size Sq Ft: 12180
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dock,Fenced-Fully,Gas Available,High Speed Internet,Moorage,RV Parking,Sprinkler System
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 11012
  • AdditionalTaxIds: 5065200660

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Emerald Hills Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Aug 8, 2024
Sold by
Thong Nick and Lim Naly
Bought by
Kelley Alyssa and Buckles John
Seller's Agent
Nick Thong
TD Home Team Inc
Buyer's Agent
Tamara Paul
RE/MAX Northwest
List Price
$1,249,999
Sold Price
$1,203,000
Premium/Discount to List
-$46,999
-3.76%
Views
10
Current Estimated Value
$1,222,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,644
Avg. Annual Appreciation
1.46%
Original Mortgage
$633,000
Interest Rate
6.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 21, 2019
Closed on
Jun 12, 2019
Sold by
Morris Julia R and Morris Anthony W
Bought by
Thong Nick and Lim Naly
Seller's Agent
David Quantrell
eXp Realty
Buyer's Agent
Nick Thong
TD Home Team Inc
List Price
$739,950
Sold Price
$731,950
Premium/Discount to List
-$8,000
-1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.23%
Original Mortgage
$585,560
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 1, 2016
Closed on
Jun 30, 2016
Sold by
Reinke Matthew W
Bought by
Morris Julia R and Morris Anthony W
Seller's Agent
Cindy Harris
eXp Realty
Buyer's Agent
Dara Foster
John L. Scott, Inc.
List Price
$674,950
Sold Price
$649,000
Premium/Discount to List
-$25,950
-3.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.06%
Original Mortgage
$574,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2012
Sold by
Phelps Lucinda
Bought by
Reinke Matthew W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2006
Sold by
Nelson Jon and Nelson Jamie
Bought by
Phelps Lucinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,200
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2006
Sold by
Nelson Jamie Gossett
Bought by
Nelson Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,200
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2005
Sold by
Hewitt Relocation Services Inc
Bought by
Lindsay Justin R and Lindsay Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 18, 2005
Sold by
Rawson Ricky L and Rawson Margaret L
Bought by
Hewitt Relocation Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 24, 2000
Sold by
Bean Robert D
Bought by
Rawson Ricky L and Rawson Margaret L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
8.15%

Purchase Details

Closed on
Jun 11, 1998
Sold by
Hilling Dennis G
Bought by
Bean Robert D and Bean Helen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.11%
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
Kelley Alyssa $1,203,000 First American Title Insurance
Thong Nick $731,950 First American Title Ins Co
Morris Julia R $648,719 Chicago Title Company Of Wa
Reinke Matthew W $340,000 Chicago Title Company
Phelps Lucinda $799,000 Fidelity National Title Insu
Nelson Jon -- Pnwt
Nelson Jon $692,500 Pnwt
Lindsay Justin R $635,000 Lawyers Title
Hewitt Relocation Services Inc $635,000 Lawyers Title
Rawson Ricky L $294,500 --
Bean Robert D $225,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelley Alyssa $633,000
Previous Owner Thong Nick $585,560
Previous Owner Morris Julia R $574,000
Previous Owner Reinke Matthew W $323,000
Previous Owner Phelps Lucinda $639,200
Previous Owner Nelson Jon $554,000
Previous Owner Nelson Jon $138,500
Previous Owner Lindsay Justin R $508,000
Previous Owner Hewitt Relocation Services Inc $63,500
Previous Owner Rawson Ricky L $170,000
Previous Owner Bean Robert D $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2024 08/13/24 Sold $1,203,000 -3.8% $532 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $1,249,999 +70.8% $553 / Sq Ft
07/08/2019 07/08/19 Sold $731,950 -1.1% $324 / Sq Ft
05/18/2019 05/18/19 Pending -- -- --
05/17/2019 05/17/19 Price Changed $739,950 0.0% $327 / Sq Ft
05/17/2019 05/17/19 For Sale $739,950 -2.6% $327 / Sq Ft
05/03/2019 05/03/19 Pending -- -- --
04/13/2019 04/13/19 Price Changed $759,950 -1.9% $336 / Sq Ft
03/21/2019 03/21/19 For Sale $774,950 +19.4% $343 / Sq Ft
07/01/2016 07/01/16 Sold $649,000 0.0% $287 / Sq Ft
05/19/2016 05/19/16 Pending -- -- --
04/26/2016 04/26/16 Price Changed $649,000 -3.8% $287 / Sq Ft
04/01/2016 04/01/16 For Sale $674,950 -- $298 / 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 $11,012 $1,209,900 $641,600 $568,300
2024 $11,012 $1,119,400 $572,200 $547,200
2023 $11,012 $1,042,500 $564,000 $478,500
2022 $11,274 $1,087,500 $604,900 $482,600
2021 $10,278 $757,600 $441,400 $316,200
2019 $8,092 $678,500 $371,000 $307,500
2018 $8,648 $625,200 $335,400 $289,800
2017 $7,303 $589,100 $312,300 $276,800
2016 $6,501 $430,700 $218,000 $212,700
2014 $5,789 $434,700 $230,600 $204,100
2013 $5,789 $378,000 $188,600 $189,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2263754

Northwest Multiple Listing Service (NWMLS)

APN: 506520-0660