Seller's Agent in 2016
Kim Fraser
eXp Realty
(425) 209-5638
49 in this area
232 Total Sales
5122 218th Ave E Lake Tapps, WA 98391
Estimated Value: $1,970,000 - $2,303,303
3
Beds
2
Baths
4,924
Sq Ft
$437/Sq Ft
Est. Value
Highlights
- Docks
- RV Access or Parking
- Deck
- Dieringer Heights Elementary School Rated A-
- Lake View
- Wood Flooring
About This Home
As of May 2016Incredible waterfront property located on 1.15 acre lot w/81 ft of no bank waterfront. The home features a great room concept w/2story vaulted ceilings, 4 bedrooms, 4.5 baths, office, exercise rm, loft, rec rm, 2nd kitchen & rec rm. The home has cedar siding, tile roof & oversized deck. The downstairs could be used as a MIL & offers its own entrance. The expansive lot is great for entertaining sport court, oversized dock w/boat slip/lift, 2 PWC lifts & private boat launch. Dieringer Schools.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM893002
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,575
Year Built
- Built in 1989
Lot Details
- Dog Run
- Partially Fenced Property
- Level Lot
- Sprinkler System
Property Views
- Lake
- Territorial
Home Design
- Poured Concrete
- Tile Roof
- Wood Siding
Interior Spaces
- 2 Bathrooms
- 2 Fireplaces
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
- Ceramic Tile
Parking
- Attached Garage
- RV Access or Parking
Outdoor Features
- Docks
- Deck
- Patio
Utilities
- Septic System
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 0520232025
Community Details
Overview
- Lake Tapps Community
Recreation
- Sport Court
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 6, 2016
Closed on
May 13, 2016
Sold by
Olson Gordon D and Olson Kathi R
Bought by
Folsom Charles and Folsom Maria
Seller's Agent
Kim Fraser
eXp Realty
Buyer's Agent
Tami Wooding
Berkshire Hathaway HS NW
List Price
$1,195,000
Sold Price
$1,050,000
Premium/Discount to List
-$145,000
-12.13%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,101,576
Avg. Annual Appreciation
8.72%
Original Mortgage
$610,000
Interest Rate
3.71%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Folsom Charles | $1,049,719 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Folsom Charles | $610,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/17/2016 05/17/16 | Sold | $1,050,000 | -12.1% | $213 / Sq Ft |
| 04/04/2016 04/04/16 | Pending | -- | -- | -- |
| 02/06/2016 02/06/16 | For Sale | $1,195,000 | -- | $243 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $19,575 | $2,005,400 | $788,100 | $1,217,300 |
| 2024 | $19,575 | $1,905,500 | $912,200 | $993,300 |
| 2023 | $19,575 | $1,876,400 | $912,200 | $964,200 |
| 2022 | $16,641 | $1,845,000 | $912,200 | $932,800 |
| 2021 | $16,884 | $1,289,600 | $638,600 | $651,000 |
| 2019 | $13,976 | $1,242,500 | $654,000 | $588,500 |
| 2018 | $15,968 | $1,091,900 | $554,900 | $537,000 |
| 2017 | $14,068 | $1,025,900 | $507,400 | $518,500 |
| 2016 | $10,444 | $682,500 | $396,400 | $286,100 |
| 2014 | $8,891 | $655,600 | $376,600 | $279,000 |
| 2013 | $8,891 | $629,700 | $356,700 | $273,000 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Fraser
-
Tami Wooding
Buyer's Agent in 2016
Tami Wooding
Berkshire Hathaway HomeServices Northwest Real Estate
(253) 221-6945
16 in this area
143 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM893002
APN: 052023-2025
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.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
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