NOT LISTED FOR SALE

5346 W Tapps Dr E Lake Tapps, WA 98391

Estimated Value: $777,748 - $987,000

3 Beds
3 Baths
2,164 Sq Ft
$404/Sq Ft Est. Value

Last Sold September 11, 2015

Last sale price $394,950 $183 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $5,185/month

2 Days on Market

Highlights

  • Waterfront Community
  • Spa
  • Lake View
  • Emerald Hills Elementary School Rated A-
  • RV Access or Parking
  • Deck

About This Home

As of September 2015

Beautiful views of Lake Tapps from this immaculate home w/access to Jenks Park. This upgraded home features 3 beds, 2.5 baths, & oversized bonus rm w/large covered deck. The formal living, dining rm, kitchen & nook feature vaulted ceilings & tons of natural light. The kitchen has an abundance cabinets & countertop space & features a oversized picture window to enjoy the backyard & water feature. Relax in the covered deck w/hot tub located off the master. Many fruit trees, garden space & RV pkg.

Last Agent to Sell the Property

Kim Fraser

eXp Realty License #48561 Listed on: 08/05/2015

eXp Realty

Last Buyer's Agent

Pamela Payne

Better Properties Summit License #25961

Better Properties Summit

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM830085

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,539

Year Built

  • Built in 1985

Lot Details

  • Dog Run
  • Property is Fully Fenced
  • Level Lot

Home Design

  • Poured Concrete
  • Tile Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Lake Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Outbuilding

Utilities

  • Septic System
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 5055000350

Community Details

Overview

  • Lake Tapps Community

Recreation

  • Waterfront Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,539

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Hot Tub/Spa, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 2.50
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2164
  • Square Footage Finished: 2164

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Tile
  • View: Lake

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: City of Bonney Lake
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 10
  • Community Name: Lake Tapps
  • Community Features: Community Waterfront/Pvt Beach, Tennis Courts

Schools

  • Elementary School: Emerald Hills Elem
  • Middle School: Lakeridge Jnr High
  • High School: Sumner Snr High
  • School District: SUM

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 14484
  • Lot Topography Vegetation: Level, Terraces
  • Parcel Number: 5055000350
  • Lot Topography: Level, Terraces

Tax Info

  • Tax Amount: 3717

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2021
Sold by
Medrano Michael D and Medrano Kimberly A
Bought by
Medrano Michael D and Medrano Kimberly A
Current Estimated Value
$875,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.75%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 5, 2015
Closed on
Sep 10, 2015
Sold by
Williams James C and Williams Julie
Bought by
Medrano Michael D and Maurer Kimberly A
Seller's Agent
Kim Fraser
eXp Realty
Buyer's Agent
Pamela Payne
Better Properties Summit
List Price
$389,950
Sold Price
$394,950
Premium/Discount to List
$5,000
1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.01%
Original Mortgage
$387,795
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 17, 1998
Sold by
Williams James C
Bought by
Williams James C and Williams Julie

Purchase Details

Closed on
Jul 8, 1996
Sold by
Stamey Connor L and Stamey Conner L
Bought by
Williams James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
8.3%
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 Buyer Sale Price Title Company
Medrano Michael D -- First American Title
Medrano Michael D $394,669 First American Title Ins Co
Williams James C -- --
Williams James C $181,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Medrano Michael D $0
Previous Owner Medrano Michael D $387,795
Previous Owner Williams James C $121,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2015 09/11/15 Sold $394,950 +1.3% $183 / Sq Ft
08/09/2015 08/09/15 Pending -- -- --
08/06/2015 08/06/15 For Sale $389,950 -- $180 / 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 $6,539 $693,500 $257,200 $436,300
2024 $6,539 $691,800 $228,500 $463,300
2023 $6,539 $612,700 $207,700 $405,000
2022 $6,297 $620,200 $216,900 $403,300
2021 $5,772 $420,400 $142,100 $278,300
2019 $4,958 $392,400 $129,800 $262,600
2018 $5,084 $378,900 $121,100 $257,800
2017 $4,382 $342,400 $101,300 $241,100
2016 $3,717 $264,300 $78,700 $185,600
2014 $3,779 $245,200 $64,300 $180,900
2013 $3,779 $219,000 $58,200 $160,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM830085

Northwest Multiple Listing Service (NWMLS)

APN: 505500-0350