Listed by AgencyOne, Bought with Engel & Voelkers North Tacoma
$402,790
SOLD NOV 13, 2018

5205 W Tapps Dr E Lake Tapps, WA 98391

3 Beds
3 Baths
1,880 Sq Ft
0.28 Acres

Recently Sold

$214 Per Sq Ft

4% Below List Price

Highlights

  • Waterfront Community
  • Community Boat Launch
  • Bamboo Flooring
  • Emerald Hills Elementary School Rated A-
  • Deck
  • 2 Fireplaces

About This Home

As of April 2022

Enjoy Curling up to one of two fireplaces! Nice open concept kitchen. Enjoy Beautiful Espresso Cabinetry with quartz counter tops. Minutes to Boeing, movies and Costco. Sumner school district is a great school offering IB classes. Here are few of the activities offered at Sumner High School such a drama department which has theater seating, cross country running, football, soccer, volleyball and a robotics club.

Last Agent to Sell the Property

Vicki Retzlaff

AgencyOne Listed on: 07/16/2018

Last Buyer's Agent

Kali Akana

Engel & Voelkers North Tacoma License #21013077

Engel & Voelkers North Tacoma

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1324609

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,403

Year Built

  • Built in 1990

Lot Details

  • Property is Fully Fenced

Parking

  • Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2 Fireplaces
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Bamboo
  • Wall to Wall Carpet
  • Ceramic Tile

Outdoor Features

  • Deck
  • Patio

Utilities

  • Septic System
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 5065300550

Community Details

Overview

  • Lake Tapps Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Boat Launch
  • Waterfront Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,403

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 14 - Split Entry
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Bamboo/Cork, Ceramic Tile, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Bathrooms: 2.50
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Dining Room: Upper
  • Living Room: Upper
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Upper
  • Estimated Sq Ft: 1880
  • Square Footage Finished: 1880

Exterior Features

  • Exterior: Cement Planked
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: Puget Sound Energy
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Water Company: Bonney Lake
  • Water Heater: Basement-gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Lake Tapps
  • Project: Lakeridge #3
  • Community Features: Boat Launch, CCRs, Community Waterfront/Pvt Beach, Tennis Courts

Schools

  • School District: SUM

Lot Info

  • Lot Number: 55
  • Lot Sq Ft: 12150
  • Parcel Number: 5065300550
  • Zoning Jurisdiction: County

Tax Info

  • Tax Amount: 4380

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Mar 30, 2022
Sold by
Stephenson and Denise
Bought by
Bickel David A and Bickel Jessica P
Seller's Agent
Kali Akana
Engel & Voelkers North Tacoma
Buyer's Agent
Karen Hake
KW Lake Washington So
List Price
$535,000
Sold Price
$635,000
Premium/Discount to List
$100,000
18.69%
Current Estimated Value
$650,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,951
Avg. Annual Appreciation
0.20%
Original Mortgage
$330,000
Outstanding Balance
$309,452
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$330,016

Purchase Details

Listed on
Jul 16, 2018
Closed on
Nov 8, 2018
Sold by
Witham Justin and Witham Zaida
Bought by
Stephenson Scott and Stephenson Denise
Seller's Agent
Vicki Retzlaff
AgencyOne
Buyer's Agent
Kali Akana
Engel & Voelkers North Tacoma
List Price
$419,000
Sold Price
$402,790
Premium/Discount to List
-$16,210
-3.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.24%
Original Mortgage
$382,650
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2018
Sold by
Witham Justin
Bought by
Witham Justin and Witham Zaida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 23, 2015
Closed on
Feb 10, 2016
Sold by
Federal National Mortgage Association
Bought by
Witham Justin
Seller's Agent
Jonathan Harper
Keller Williams Realty
Buyer's Agent
Rick Brown
Keller Williams Realty
List Price
$166,900
Sold Price
$190,500
Premium/Discount to List
$23,600
14.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.41%

Purchase Details

Closed on
Dec 10, 2015
Sold by
Kellar David E and Kellar Lana J
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Feb 24, 1994
Sold by
Keller Lana J and Steenbergen Lana J
Bought by
Keller David E and Keller Lana J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
7.09%
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 Type Sale Price Title Company
Warranty Deed $634,719 New Title Company Name
Warranty Deed $402,508 First American Title
Interfamily Deed Transfer -- Fidelity National Title
Bargain Sale Deed $190,500 Chicago Title
Trustee Deed $292,659 None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $330,000 New Conventional
Previous Owner $382,650 New Conventional
Previous Owner $204,000 New Conventional
Previous Owner $98,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $635,000 +18.7% $338 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $535,000 +32.8% $285 / Sq Ft
11/13/2018 11/13/18 Sold $402,790 +1.0% $214 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
07/26/2018 07/26/18 Price Changed $398,765 -4.8% $212 / Sq Ft
07/16/2018 07/16/18 For Sale $419,000 +119.9% $223 / Sq Ft
02/16/2016 02/16/16 Sold $190,500 +14.1% $101 / Sq Ft
01/08/2016 01/08/16 Pending -- -- --
12/23/2015 12/23/15 For Sale $166,900 -- $89 / 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 $5,403 $560,700 $246,900 $313,800
2024 $5,403 $544,200 $217,800 $326,400
2023 $5,403 $503,500 $217,800 $285,700
2022 $5,511 $540,400 $227,400 $313,000
2021 $5,318 $386,400 $149,000 $237,400
2019 $4,302 $343,500 $136,100 $207,400
2018 $4,380 $327,300 $125,900 $201,400
2017 $3,779 $293,700 $105,300 $188,400
2016 $3,284 $232,700 $81,800 $150,900
2014 $2,769 $215,700 $66,900 $148,800
2013 $2,769 $191,300 $60,500 $130,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1324609

Northwest Multiple Listing Service (NWMLS)

APN: 506530-0550