Listed by Engel & Voelkers North Tacoma, Bought with KW Lake Washington So
$635,000
SOLD APR 14, 2022

5205 W Tapps Dr E Lake Tapps, WA 98391

3 Beds
2.5 Baths
1,880 Sq Ft
0.28 Acres

Recently Sold

$338 Per Sq Ft

19% Above List Price

Highlights

  • Waterfront Community
  • Community Boat Launch
  • Wooded Lot
  • Emerald Hills Elementary School Rated A-
  • Deck
  • Territorial View

About This Home

As of April 2022

Remarkable Lake Tapps home embodies the PNW! Gorgeous open concept upper floor features loads of natural light and stunning updated kitchen w/ dark shaker cabinets, SS appliances & SS farm sink. Wonderful primary ensuite with french doors to enjoy the breeze. Two additional bright, spacious bedrooms w/ updated full bath. Fabulous family room is the perfect place to relax and take in the game or add a foosball table for some friendly competition. Beautiful natural landscaping w/ huge deck ideal for entertaining; and picturesque pond for quiet reflection. Plenty of space for a firepit or that hot tub you've been dreaming of. Private community amenities include beach rights, boat launch, trail, playground and more.

Last Agent to Sell the Property

Kali Akana

Engel & Voelkers North Tacoma License #21013077 Listed on: 03/10/2022

Engel & Voelkers North Tacoma

Last Buyer's Agent

Karen Hake

KW Lake Washington So License #137143

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1898399

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,511

Year Built

  • Built in 1990

Lot Details

  • 0.28 Acre Lot
  • Property is Fully Fenced
  • Level Lot
  • Wooded Lot
  • Property is in good condition
  • Zoning described as R10

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Split Foyer
  • Slab Foundation
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,880 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • French Doors
  • Territorial Views
  • Storm Windows
  • Finished Basement

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Bamboo
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Schools

  • Crestwood Elementary School
  • Lakeridge Middle School
  • Sumner Snr High School

Utilities

  • Heat Pump System
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 5065300550

Community Details

Overview

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

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,511

Year Built

Built in 1990

Lot Details

0

HOA Fees

$30 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 14 - Split Entry
  • Year Built: 1990
  • Inclusions: Dishwasher,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: LAKERIDGE # 3
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1880
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 2
  • Basement: Finished
  • Appliances: Dishwasher, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Split
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Flooring: Bamboo/Cork, Ceramic Tile, Carpet
  • Interior Amenities: Forced Air, Heat Pump, Ceramic Tile, Wall to Wall Carpet, Bamboo/Cork, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, French Doors, Skylight(s), Water Heater
  • Living Area: 1880
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • SquareFootageFinished: 1880
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 1
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Microwave,Refrigerator,Stove/Range
  • FireplacesLower: 1
  • FireplacesUpper: 1

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: House

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • HeatingCoolingType: Forced Air,Heat Pump
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Septic
  • WaterCompany: Bonney Lake
  • WaterHeaterLocation: Basement/Laundry Room
  • WaterHeaterType: Gas
  • CableConnected: Xfinity/Comcast
  • InternetConnected: Xfinity/Comcast

Condo/Co-op/Association

  • Community Features: Boat Launch, CCRs, Community Waterfront/Pvt Beach, Park, Playground, Tennis Courts, Trail(s)
  • Senior Community: No
  • Association Fee: 357
  • Association Fee Frequency: Annually
  • Phone: 253-891-2729
  • Association: Yes
  • AssociationContactName: West Tapps HOA

Schools

  • Junior High Dist: Sumner-Bonney Lake
  • High School: Sumner Snr High
  • Middle Or Junior School: Lakeridge Middle

Lot Info

  • Parcel Number: 5065300550
  • Topography: Level,Sloped
  • Land Lease: No
  • Lot Size Acres: 0.2789
  • Lot Size Sq Ft: 12150
  • Zoning Description: R10
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gas Available,High Speed Internet
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • LotNumber: 55

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5511

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Crestwood Elem

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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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: 1898399

Northwest Multiple Listing Service (NWMLS)

APN: 506530-0550