NOT LISTED FOR SALE

5113 W Tapps Dr E Lake Tapps, WA 98391

Estimated Value: $1,163,000 - $1,416,000

3 Beds
3 Baths
2,446 Sq Ft
$524/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $1,080,000 $442 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $8,099/month

1 Day on Market

Highlights

  • Waterfront Community
  • Docks
  • Lake View
  • Emerald Hills Elementary School Rated A-
  • RV Access or Parking
  • Deck

About This Home

As of October 2020

This amazing Lake Tapps home has been lovingly cared for and is nicely updated. Enjoy playing and floating in Lake Tapps in your own backyard paradise. The lot features 70 ft of low bank frontage with tons of room for your lake toys. The home features 3 bedrooms, 2.5 baths office, great room and an amazing private master retreat with balcony overlooking the lake. The kitchen features high end appliances with a Wolf cooktop and a SubZero fridge. Oversized 3 car garage & tons of guest parking.

Last Agent to Sell the Property

Kim Fraser

eXp Realty License #48561 Listed on: 09/03/2020

eXp Realty

Last Buyer's Agent

Mindy McClean

Coldwell Banker Danforth License #36758

Coldwell Banker Danforth

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1657811

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,898

Year Built

  • Built in 1968

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Sprinkler System

Property Views

  • Lake Views

Home Design

  • Poured Concrete
  • Composition Roof

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Docks
  • Deck

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5065200670

Community Details

Overview

  • Lake Tapps Community

Recreation

  • Waterfront Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,898

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wired For Generator, Built-In Vacuum, Dbl Pane/Storm Windw, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Dining Room: Main
  • Extra Finished Room: Upper
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2446
  • Square Footage Finished: 2446

Exterior Features

  • Exterior: Cement/Concrete
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake
  • Waterfront: Lake, No Bank
  • Waterfront Frontage: 70

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, Tennis Courts

Schools

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

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 12320
  • Lot Topography Vegetation: Level, Partial Slope
  • Parcel Number: 5065200670
  • Zoning Jurisdiction: County
  • Lot Topography: Level, Partial Slope

Tax Info

  • Tax Amount: 9028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Oct 5, 2020
Sold by
Hadman Bradley J and Hadman Kimberly J
Bought by
Ledesma Ruben A and Ledesma Marie A
Seller's Agent
Kim Fraser
eXp Realty
Buyer's Agent
Mindy McClean
Coldwell Banker Danforth
List Price
$999,950
Sold Price
$1,080,000
Premium/Discount to List
$80,050
8.01%
Total Days on Market
1
Current Estimated Value
$1,281,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,083
Avg. Annual Appreciation
3.74%
Original Mortgage
$740,000
Outstanding Balance
$665,584
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$615,499

Purchase Details

Closed on
Jan 26, 2001
Sold by
Hadman Bradley L
Bought by
Hadman Bradley J and Hadman Kimberly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
7.13%

Purchase Details

Closed on
Mar 14, 1996
Sold by
Embery Kenneth A and Embery Dorothy E
Bought by
Hadman Bradley J and Hadman Bradley L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.68%
Source: Public Records

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Range of Values:

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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
Ledesma Ruben A $1,080,000 First American Title Ins Co
Hadman Bradley J -- First American Title Ins Co
Hadman Bradley J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ledesma Ruben A $740,000
Previous Owner Hadman Bradley J $200,000
Previous Owner Hadman Bradley J $199,500
Previous Owner Hadman Bradley J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $1,080,000 +8.0% $442 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $999,950 -- $409 / 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 $10,898 $1,110,000 $572,900 $537,100
2023 $10,898 $1,031,600 $564,700 $466,900
2022 $11,163 $1,076,100 $605,600 $470,500
2021 $9,936 $732,000 $441,900 $290,100
2019 $7,662 $642,700 $372,100 $270,600
2018 $8,144 $591,400 $336,400 $255,000
2017 $7,138 $554,200 $313,300 $240,900
2016 $6,315 $419,500 $218,700 $200,800
2014 $5,714 $422,000 $231,300 $190,700
2013 $5,714 $368,000 $189,200 $178,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1657811

Northwest Multiple Listing Service (NWMLS)

APN: 506520-0670