5318 W Tapps Dr E Lake Tapps, WA 98391
Estimated payment $4,938/month
Highlights
- Community Boat Launch
- RV Access or Parking
- Fruit Trees
- Emerald Hills Elementary School Rated A-
- Lake View
- Engineered Wood Flooring
About This Home
Discover the potential of this 3,226 sqft Lake Tapps home on a .42 acre lot with lake views & access to private community parks & boat launches. Unique layout features generously sized bdrms, walk-in closets, spacious living & dining areas, & a large bonus room w/its own entrance that offers endless flexibility. Kitchen has been updated, & major systems include a newer heat pump & water heater. 950 sqft finished detached garage/shop w/electricity & mini-split, RV parking w/hook-ups, fully fenced yard, & plenty of storage. Whether you envision updating & personalizing the home over time, creating a higher-end retreat, or enjoying the space as it is, this property offers a rare opportunity to make it your own in a prime Lake Tapps location.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2465692
Open House Schedule
-
Saturday, January 10, 202611:00 am to 1:00 pm1/10/2026 11:00:00 AM +00:001/10/2026 1:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,597
Year Built
- Built in 1974
Lot Details
- 0.42 Acre Lot
- Dog Run
- Property is Fully Fenced
- Level Lot
- Fruit Trees
- Garden
HOA Fees
- $41 Monthly HOA Fees
Parking
- 2 Car Detached Garage
- Driveway
- RV Access or Parking
Property Views
- Lake
- Territorial
- Limited
Home Design
- Brick Exterior Construction
- Poured Concrete
- Composition Roof
- Wood Siding
- Metal Construction or Metal Frame
- Vinyl Construction Material
Interior Spaces
- 3,226 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- 2 Fireplaces
- Wood Burning Fireplace
- French Doors
- Dining Room
Kitchen
- Walk-In Pantry
- Double Oven
- Stove
- Dishwasher
- Disposal
Flooring
- Engineered Wood
- Carpet
- Stone
- Slate Flooring
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Bathroom on Main Level
Outdoor Features
- Patio
Schools
- Crestwood Elementary School
- Lakeridge Middle School
- Sumner Snr High School
Utilities
- Ductless Heating Or Cooling System
- Heat Pump System
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Down Payment Assistance Available
- Visit Down Payment Resource Website
- Assessor Parcel Number 5065400961
Community Details
Overview
- Association fees include common area maintenance, road maintenance
- West Tapps Maintenance Company Association
- Lake Tapps Subdivision
- The community has rules related to covenants, conditions, and restrictions
Recreation
- Community Boat Launch
- Sport Court
- Community Playground
- Park
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,125 | $732,400 | $271,000 | $461,400 |
| 2024 | $7,125 | $730,400 | $243,000 | $487,400 |
| 2023 | $7,125 | $669,000 | $243,000 | $426,000 |
| 2022 | $7,253 | $716,600 | $253,700 | $462,900 |
| 2021 | $7,106 | $520,200 | $166,200 | $354,000 |
| 2019 | $5,789 | $468,900 | $151,900 | $317,000 |
| 2018 | $5,935 | $444,200 | $143,200 | $301,000 |
| 2017 | $5,154 | $401,300 | $119,800 | $281,500 |
| 2016 | $4,502 | $321,200 | $93,100 | $228,100 |
| 2014 | $4,077 | $298,600 | $76,100 | $222,500 |
| 2013 | $4,077 | $266,600 | $68,800 | $197,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/07/2026 01/07/26 | For Sale | $799,500 | -- | $248 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $276,950 | None Available | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $427,350 | FHA | |
| Previous Owner | $282,602 | New Conventional |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2465692
APN: 506540-0961
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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.
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