Listed by Yelm Windermere, Bought with Real Broker LLC
NOT LISTED FOR SALE

5216 W Tapps Dr E Lake Tapps, WA 98391

Estimated Value: $395,000 - $791,000

4 Beds
2 Baths
1,976 Sq Ft
$293/Sq Ft Est. Value

Last Sold September 10, 2024

Last sale price $391,000 $198 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,628/month

11 Days on Market

Highlights

  • Community Boat Launch
  • RV Access or Parking
  • Deck
  • Emerald Hills Elementary School Rated A-
  • 0.74 Acre Lot
  • Wooded Lot

About This Home

As of September 2024

Rare opportunity to get your Lake Tapps dream home at a stellar price, do your own renovations and customize it to your liking! Just shy of 3/4 of an acre and has endless possibilities! GREAT location - very close to the lake and the neighborhood park but has a secluded, private feel. Huge back deck overlooks the quiet and serene property and is just perfect for coffee in the mornings or drinks in the evenings. The home offers a brand new permitted septic system and new roof in 2015. HOA includes private boat launch, tennis courts, playground and more! Call your agent to view - private showings only.

Last Agent to Sell the Property

Alan & Jana Sherwood

Yelm Windermere License #116561 Listed on: 08/14/2024

Yelm Windermere

Last Buyer's Agent

Grace Werran

Real Broker LLC License #2088

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2277522

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,222

Year Built

  • Built in 1978

Lot Details

  • 0.74 Acre Lot
  • Level Lot
  • Wooded Lot
  • Garden

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Driveway
  • RV Access or Parking

Home Design

  • Fixer Upper
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,976 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Stove
  • Basement

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Emerald Hills Elementary School
  • Lakeridge Middle School
  • Sumner Snr High School

Utilities

  • Forced Air Heating System
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

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

Recreation

  • Community Boat Launch
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,222

Year Built

Built in 1978

Lot Details

0

HOA Fees

$35 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 17 - 1 1/2 Stry w/Bsmt
  • Year Built: 1978
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: OneAndOneHalf
  • New Construction: No
  • CalculatedSquareFootage: 1976
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2277522?w=Consumer&agent=99885
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Interior Amenities: Double Pane/Storm Window, Fireplace, Laminate, Security System, Wall to Wall Carpet
  • Living Area: 1976
  • Main Level Bedrooms: 2
  • Bathrooms: 2
  • BathsFullMain: 0
  • SquareFootageFinished: 1976
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • FireplacesLower: 1
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Fixer
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, RV Parking
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: SecuritySystem
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: City of Bonney Lake

Condo/Co-op/Association

  • Community Features: Boat Launch, CCRs, Park, Playground
  • Senior Community: No
  • Association Fee: 425
  • Association Fee Frequency: Annually
  • Phone: 253-891-2729
  • Association: Yes
  • AssociationContactName: West Tapps Maintenance

Schools

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

Lot Info

  • Parcel Number: 0520216029
  • Topography: Level,Partial Slope,Steep Slope
  • Land Lease: No
  • Lot Size Acres: 0.74
  • Lot Size Sq Ft: 32234
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet,Outbuildings,RV Parking
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Public Records

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 6222

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Emerald Hills Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Sep 9, 2024
Sold by
Britt Jack and Britt Mary Jane
Bought by
Mittelstaedt Jonathan and Mittelstaedt Chelsea
Seller's Agent
Alan & Jana Sherwood
Yelm Windermere
Buyer's Agent
Grace Werran
Real Broker LLC
List Price
$440,000
Sold Price
$391,000
Premium/Discount to List
-$49,000
-11.14%
Views
49
Current Estimated Value
$579,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,821
Avg. Annual Appreciation
46.06%
Original Mortgage
$391,655
Outstanding Balance
$388,216
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$191,605
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 Buyer Sale Price Title Company
Mittelstaedt Jonathan $391,000 Wfg National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mittelstaedt Jonathan $391,655
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2024 09/10/24 Sold $391,000 -11.1% $198 / Sq Ft
08/25/2024 08/25/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $440,000 -- $223 / 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 $6,222 $442,200 $309,500 $132,700
2024 $6,222 $652,000 $284,300 $367,700
2023 $6,222 $582,200 $258,500 $323,700
2022 $6,025 $592,300 $269,900 $322,400
2021 $5,861 $427,000 $176,700 $250,300
2019 $5,024 $399,200 $161,500 $237,700
2018 $5,104 $384,100 $156,700 $227,400
2017 $2,291 $343,800 $131,000 $212,800
2016 $3,807 $274,200 $101,800 $172,400
2014 $3,544 $251,300 $83,200 $168,100
2013 $3,544 $223,100 $75,200 $147,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2277522

Northwest Multiple Listing Service (NWMLS)

APN: 052021-6029