NOT LISTED FOR SALE

5418 183rd Ave E Lake Tapps, WA 98391

Estimated Value: $572,000 - $625,120

3 Beds
1 Bath
1,334 Sq Ft
$447/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $450,555 $338 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,612/month

2 Days on Market

Highlights

  • Waterfront Community
  • Stables
  • RV Access or Parking
  • Crestwood Elementary School Rated A-
  • Community Boat Launch
  • Fruit Trees

About This Home

As of June 2020

Imagine the possibilities.. at least 8 cars can be parked under cover!! Private, shy half acre, with gorgeous grounds and flower beds, lilacs & rhodies to enjoy. Large cedar deck, great for soaking up the sun or entertaining. Detached 32' x 34' shop/garage with 10' tall, overhead doors, sheet rock finished & 220. Detached, stand alone, anchored in, covered carport. Garden shed. 5 min from private Lake Tapps parks & boat launch. Home offers 3 beds/1.75 baths, vaulted ceilings, pellet stove

Last Agent to Sell the Property

Lisa Lageschulte

RE/MAX Connect License #41542 Listed on: 06/03/2020

RE/MAX Connect

Last Buyer's Agent

Kayla George

The Preview Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1610715

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,361

Year Built

  • Built in 1987

Lot Details

  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot
  • Level Lot
  • Fruit Trees
  • Garden

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • Garage
  • Detached Carport Space
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Horse Facilities and Amenities

  • Stables

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0520216055

Community Details

Overview

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

Recreation

  • Community Boat Launch
  • Waterfront Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,361

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 13 - Tri-Level
  • Architecture: Traditional
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, High Tech Cabling, Vaulted Ceilings
  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Family Room: Lower
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1334
  • Square Footage Finished: 1334

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Cement Planked, Wood
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Carport-Detached, Garage-Attached, Garage-Detached, Off Street
  • Total Covered Parking: 8

Utilities

  • Heating And Cooling: Stove/Free Standing, Wall
  • Power Company: Puget Sound Energy
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Sewer Company: Private on-site septic system
  • Water Company: City of Bonney Lake
  • Water Heater: Laundry Closet-Electric
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 30
  • Community Name: Lake Tapps
  • Community Features: Boat Launch, CCRs, Community Waterfront/Pvt Beach, Tennis Courts

Schools

  • Elementary School: Crestwood Elem
  • Middle School: Lakeridge Middle
  • High School: Sumner Snr High
  • School District: SUM

Lot Info

  • Lot Number: 2
  • Lot Details: Dead End Street, Paved Street, Secluded
  • Lot Dimensions: 106 x 571 x 119 x 587
  • Lot Sq Ft: 21344
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level
  • Parcel Number: 0520216055
  • Zoning Code: Residential
  • Zoning Jurisdiction: County
  • Lot Topography: Fruit Trees, Garden Space, Level

Tax Info

  • Tax Amount: 4876

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Jun 24, 2020
Sold by
Wright Michael D
Bought by
George Kayla Marie and Kozodoy Ruslan Petrovic
Seller's Agent
Lisa Lageschulte
RE/MAX Connect
Buyer's Agent
Kayla George
The Preview Group
List Price
$428,800
Sold Price
$450,555
Premium/Discount to List
$21,755
5.07%
Total Days on Market
2
Current Estimated Value
$596,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,725
Avg. Annual Appreciation
5.57%
Original Mortgage
$437,038
Outstanding Balance
$395,846
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$192,792
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
George Kayla Marie $450,556 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open George Kayla Marie $437,038
Previous Owner Wright Michael D $250,000
Previous Owner Wright Michael D $82,500
Previous Owner Wright Michael D $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $450,555 +5.1% $338 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $428,800 -- $321 / 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 $5,361 $560,800 $254,000 $306,800
2023 $5,361 $499,500 $230,900 $268,600
2022 $5,197 $508,600 $241,100 $267,500
2021 $5,043 $365,800 $157,900 $207,900
2019 $4,311 $342,300 $144,300 $198,000
2018 $4,373 $328,000 $137,200 $190,800
2017 $3,775 $293,200 $114,700 $178,500
2016 $3,258 $233,700 $89,100 $144,600
2014 $2,969 $213,900 $72,900 $141,000
2013 $2,969 $189,800 $65,900 $123,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1610715

Northwest Multiple Listing Service (NWMLS)

APN: 052021-6055