NOT LISTED FOR SALE

5114 W Tapps Dr E Lake Tapps, WA 98391

Estimated Value: $549,000 - $572,426

3 Beds
1.5 Baths
1,502 Sq Ft
$375/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $519,000 $346 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,601/month

3 Days on Market

Highlights

  • Waterfront Community
  • Community Boat Launch
  • Fruit Trees
  • Emerald Hills Elementary School Rated A-
  • Gated Community
  • Deck

About This Home

As of December 2022

Welcome to a true PNW wonderland. Freshly painted inside & out. Impeccably maintained, bursting with natural light, and waiting to welcome you home. This open concept retreat features a well appointed kitchen at the heart of the home. A large deck and fully fenced in yard that are certain to make this home an entertainer's paradise. Not to mention the amenities. Enjoy private swim beaches, a boat launch, tennis court, gated waterfront dog parks, volleyball & more. All spread out over three parks, within a two minute drive, for a very modest HOA fee. Have absolutely the best of everything the northwest offers, less than a mile from home. Charming bedrooms, inviting living space, thoughtful layout. Come see what lake life has to offer.

Last Agent to Sell the Property

Vikki Iverson

COMPASS License #27355 Listed on: 10/11/2022

COMPASS

Last Buyer's Agent

Nathan Coons

Washington Realty Group License #22020703

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2006525

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,592

Year Built

  • Built in 1980

Lot Details

  • 9,900 Sq Ft Lot
  • Lot Dimensions are 116'x90'
  • Property is Fully Fenced
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Garden
  • Drought Tolerant Landscaping
  • Property is in good condition

HOA Fees

  • $32 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • 3-Story Property
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,502 Sq Ft Home
  • Wood Burning Fireplace
  • Territorial Views
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Location

  • Property is near public transit

Utilities

  • Central Air
  • Septic Tank
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5065800670

Community Details

Overview

  • West Tapps Maintenance Company Association
  • Secondary HOA Phone (253) 891-2729
  • Lakeridge Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Boat Launch
  • Waterfront Community
  • Tennis Courts
  • Community Playground
  • Park
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,592

Year Built

Built in 1980

Lot Details

0

HOA Fees

$32 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 13 - Tri-Level
  • Year Built: 1980
  • Inclusions: Dishwasher,Dryer,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Unit Levels: Three Or More
  • New Construction: No
  • CalculatedSquareFootage: 1502
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 910

Interior Features

  • Fireplaces: 1
  • Basement: Daylight
  • Appliances: Dishwasher, Dryer, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate, Laminate, Vinyl
  • Interior Amenities: Central A/C, Forced Air, Hardwood, Laminate Hardwood, Laminate Tile, Double Pane/Storm Window
  • Living Area: 1502
  • Bathrooms: 1.5
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1502
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 1
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Dryer,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Drought Res Landscape, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Utilities: Cable Connected, Natural Gas Available, Septic System, Electricity Available, Common Area Maintenance, See Remarks
  • HeatingCoolingType: Central A/C,Forced Air
  • PowerCompany: PSE
  • SewerCompany: N/A
  • WaterCompany: City of Bonney Lake
  • WaterHeaterLocation: Garage
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Community Features: Boat Launch, CCRs, Community Waterfront/Pvt Beach, Gated, Park, Playground, Tennis Courts, Trail(s)
  • Senior Community: No
  • Association Fee: 386
  • Association Fee Frequency: Annually
  • Phone: 253-891-2729
  • Association: Yes
  • AssociationContactName: West Tapps Maintenance Company

Schools

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

Lot Info

  • Parcel Number: 5065800670
  • Topography: Level,SteepSlope
  • Land Lease: No
  • Lot Size Acres: 0.2273
  • Lot Size: 116'X90'
  • Lot Size Sq Ft: 9900
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gas Available,Outbuildings,Patio
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4592

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2022
Closed on
Dec 5, 2022
Sold by
Deraspe Susan A
Bought by
Marriott-Green Sam
Seller's Agent
Vikki Iverson
COMPASS
Buyer's Agent
Nathan Coons
Washington Realty Group
List Price
$500,000
Sold Price
$519,000
Premium/Discount to List
$19,000
3.8%
Total Days on Market
3
Views
13
Current Estimated Value
$563,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,607
Avg. Annual Appreciation
3.37%
Original Mortgage
$415,200
Outstanding Balance
$405,033
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$158,574
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
Marriott-Green Sam -- Rainier Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marriott-Green Sam $415,200
Previous Owner Crookshank Paul W $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $519,000 +3.8% $346 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
10/11/2022 10/11/22 For Sale $500,000 -- $333 / 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 $4,861 $485,300 $206,000 $279,300
2023 $4,861 $451,400 $206,000 $245,400
2022 $4,952 $483,900 $215,100 $268,800
2021 $4,761 $344,700 $140,900 $203,800
2019 $3,813 $308,800 $128,700 $180,100
2018 $3,870 $288,900 $117,900 $171,000
2017 $3,366 $258,400 $98,500 $159,900
2016 $2,892 $206,200 $76,600 $129,600
2014 $2,534 $189,000 $62,600 $126,400
2013 $2,534 $168,900 $56,600 $112,300
Source: Public Records

Agents Affiliated with this Home

  • Vikki Iverson

    Seller's Agent in 2022

    Vikki Iverson

    COMPASS

    (206) 769-9472

    1 in this area

    49 Total Sales

    Vikki Iverson
    Section Image
  • Nathan Coons

    Buyer's Agent in 2022

    Nathan Coons

    Washington Realty Group

    (253) 678-0087

    4 in this area

    82 Total Sales

    Nathan Coons
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2006525

Northwest Multiple Listing Service (NWMLS)

APN: 506580-0670

Washington Pierce County Lake Tapps 98391

5114 W Tapps Dr E, Lake Tapps, WA

This home is located at 5114 W Tapps Dr E, Lake Tapps, WA 98391 since 11 October 2022 and is currently estimated at $563,607, approximately $375 per square foot. This property was built in 1980. 5114 W Tapps Dr E is a home located in Pierce County with nearby schools including Emerald Hills Elementary School, Lakeridge Middle School, and Sumner High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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