NOT LISTED FOR SALE

5116 W Tapps Dr E Lake Tapps, WA 98391

Estimated Value: $540,000 - $566,000

3 Beds
1 Bath
1,376 Sq Ft
$403/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $465,000 $338 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,323/month

Highlights

  • Waterfront Community
  • Community Boat Launch
  • Territorial View
  • Emerald Hills Elementary School Rated A-
  • Spa
  • 1 Fireplace

About This Home

As of December 2021

This adorable 3 bedroom 2 bath rambler in desireable Lake Tapps area has been fully remodeled and is ready for you! Kitchen boasts quartz countertops, SS appliances, tile backsplash, light and bright cabinets, a breakfast/eating bar and adjoining dining area. New porcelain tile flooring, fresh paint, newer roof, AC, level 1/4 acre lot on greenbelt and so much more! West Tapps Maintenance HOA includes access to 3 private parks on Lake Tapps including boat launch. You won't want to miss out on this gem!

Last Agent to Sell the Property

Corinne Malesis

John L. Scott R.E. Lake Tapps License #135279 Listed on: 10/28/2021

John L. Scott R.E. Lake Tapps

Last Buyer's Agent

Cindy Harris

eXp Realty License #72779

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1854845

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,729

Year Built

  • Built in 1980

Lot Details

  • Dog Run
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System
  • Garden

Parking

  • Attached Garage

Home Design

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

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Wall to Wall Carpet
  • Territorial Views

Kitchen

  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio
  • Outbuilding

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5065800680

Community Details

Overview

  • Lakeridge Community

Recreation

  • Community Boat Launch
  • Waterfront Community
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,729

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Effective Year Built: 1988
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1980

Interior Features

  • Features: Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Hot Tub/Spa
  • Floor Covering: Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Refrigerator, Washer, K
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Family Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1376
  • Square Footage Finished: 1376
  • Total Square Footage: 1376

Exterior Features

  • Exterior: Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Central A/C, Forced Air
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Water Heater: garage-Electric
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 31
  • Community Name: Lakeridge
  • Community Features: Boat Launch, Community Waterfront/Pvt Beach, Park

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: SUM
  • Junior High: Buyer To Verify

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 9900
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 5065800680
  • Zoning Jurisdiction: County
  • Lot Topography: Garden Space, Level

Tax Info

  • Year: 2021
  • Tax Amount: 4621

MLS Schools

  • Elementary School: Buyer To Verify
  • Senior High: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
Nov 30, 2021
Sold by
Renz Steven D and Renz Allison J
Bought by
Byfield Spencer and Achi Kiana
Seller's Agent
Corinne Malesis
John L. Scott R.E. Lake Tapps
Buyer's Agent
Cindy Harris
eXp Realty
List Price
$450,000
Sold Price
$465,000
Premium/Discount to List
$15,000
3.33%
Current Estimated Value
$554,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,677
Avg. Annual Appreciation
4.27%
Original Mortgage
$451,050
Outstanding Balance
$416,441
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$128,889
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
Byfield Spencer $465,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byfield Spencer $451,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $465,000 +3.3% $338 / Sq Ft
10/31/2021 10/31/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $450,000 -- $327 / 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 $4,729 $515,200 $235,500 $279,700
2024 $4,729 $471,200 $206,000 $265,200
2023 $4,729 $438,700 $206,000 $232,700
2022 $4,814 $470,000 $215,100 $254,900
2021 $4,621 $334,200 $140,900 $193,300
2019 $3,700 $299,400 $128,700 $170,700
2018 $3,750 $280,000 $117,900 $162,100
2017 $3,261 $250,100 $98,500 $151,600
2016 $2,795 $199,500 $76,600 $122,900
2014 $2,464 $182,400 $62,600 $119,800
2013 $2,464 $163,100 $56,600 $106,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1854845

Northwest Multiple Listing Service (NWMLS)

APN: 506580-0680