NOT LISTED FOR SALE

5206 Jenks Point Way E Lake Tapps, WA 98391

Estimated Value: $848,000 - $1,241,000

3 Beds
1 Bath
1,762 Sq Ft
$584/Sq Ft Est. Value

Last Sold November 09, 2015

Last sale price $390,000 $221 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $6,526/month

48 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Waterfront Community
  • Community Boat Launch
  • Emerald Hills Elementary School Rated A-
  • Docks
  • Spa

About This Home

As of November 2015

Opportunity knocks! Lake Tapps waterfront home for $400K! Hurry this property is a hot one! Ideal location, large .31 acre property, 55' of waterfront, western exposure for desirable evening sun. Entertainment sized decks, RV parking room, dead end street, quiet canal, lake views. 3 bedrooms, 1.75 baths, living room, kitchen on main, rec room/family room w/wet bar & 3/4 bath on lower level. Huge 640 sq ft oversized garage. Forced air heating. Jenks Park private HOA w/boat launch.

Last Agent to Sell the Property

Toril Schoepfer

Toril Sells Houses Team License #23304 Listed on: 07/24/2015

Last Buyer's Agent

Tami Lay

Better Properties Valley Assoc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM823946

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,217

Year Built

  • Built in 1980

Lot Details

  • Low Bank Waterfront Property
  • Street terminates at a dead end
  • Secluded Lot
  • Terraced Lot

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Spa
  • Bulkhead
  • Docks
  • Deck

Utilities

  • Septic System
  • Cable TV Available

Additional Features

  • Lake Views
  • 1 Bathroom
  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 5065300030

Community Details

Overview

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

Recreation

  • Community Boat Launch
  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,217

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 14 - Split Entry
  • Building Information: Built On Lot
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Bath Off Master, Ceiling Fan(s), Dining Room, Hot Tub/Spa, Vaulted Ceilings
  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 2.25
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom: Main
  • Basement: Fully Finished
  • Dining Room: Main
  • Family Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1762
  • Square Footage Finished: 1762

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake
  • Waterfront: Bank-Low, Bulkhead, Lake
  • Waterfront Frontage: 55'

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: City of BL
  • Water Heater: laundry-gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 16
  • Community Name: Lake Tapps
  • Community Features: Boat Launch, Ccrs, Community Waterfront/Pvt Beach

Schools

  • Elementary School: Emerald Hills Elem
  • Middle School: Lakeridge Jnr High
  • High School: Buyer To Verify
  • School District: SUM

Lot Info

  • Lot Details: Dead End Street, Paved Street, Secluded
  • Lot Sq Ft: 13406
  • Lot Topography Vegetation: Sloped, Terraces
  • Parcel Number: 5065300030
  • Lot Topography: Sloped, Terraces

Tax Info

  • Tax Amount: 5949

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2015
Closed on
Nov 3, 2015
Sold by
Gidlof Daniel C and Gidlof Deborah L
Bought by
Fleshman William J and Fleshman Leslie A
Seller's Agent
Toril Schoepfer
Toril Sells Houses Team
Buyer's Agent
Tami Lay
Better Properties Valley Assoc
List Price
$450,000
Sold Price
$390,000
Premium/Discount to List
-$60,000
-13.33%
Total Days on Market
48
Current Estimated Value
$1,029,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$639,705
Avg. Annual Appreciation
9.88%
Original Mortgage
$376,983
Interest Rate
3.75%
Mortgage Type
FHA
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
Fleshman William J $389,719 Ticor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fleshman Leslie A $580,000
Closed Fleshman William J $384,500
Closed Fleshman William J $376,983
Previous Owner Gidlof Daniel C $177,100
Previous Owner Gidlof Daniel C $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2015 11/09/15 Sold $390,000 -2.5% $221 / Sq Ft
09/11/2015 09/11/15 Pending -- -- --
08/16/2015 08/16/15 Price Changed $400,000 -11.1% $227 / Sq Ft
07/24/2015 07/24/15 For Sale $450,000 -- $255 / 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 $9,217 $925,900 $551,000 $374,900
2023 $9,217 $870,000 $543,100 $326,900
2022 $9,576 $912,400 $582,400 $330,000
2021 $8,716 $640,700 $425,000 $215,700
2019 $7,224 $612,500 $360,900 $251,600
2018 $6,734 $557,000 $326,200 $230,800
2017 $6,734 $522,100 $303,800 $218,300
2016 $5,949 $393,900 $212,000 $181,900
2014 $5,509 $397,100 $224,300 $172,800
2013 $5,509 $345,700 $183,500 $162,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM823946

Northwest Multiple Listing Service (NWMLS)

APN: 506530-0030