Listed by Dove Realty, Inc., Bought with Windermere Real Estate/East
NOT LISTED FOR SALE

5502 218th Ave E Lake Tapps, WA 98391

Estimated Value: $1,362,000 - $1,861,047

3 Beds
3 Baths
3,478 Sq Ft
$472/Sq Ft Est. Value

Last Sold August 29, 2013

Last sale price $678,000 $195 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $10,081/month

27 Days on Market

About This Home

As of August 2013

This Lake Tapps home offers an exquisite floor plan with stunning views! The master bedroom features an upper deck, his & hers walk-in closets, plus a 5-piece bath with jetted tub and tiled shower. You will find cherry hardwood floors, double pane windows, and ceramic tile counters throughout. The kitchen takes the spotlight with its beautiful cabinetry, granite counter tops, and island with cook top. Built-in office, large living areas, and indoor/outdoor fireplace complete this one of a kind!

Last Agent to Sell the Property

Justin Bartlett

Dove Realty, Inc. Listed on: 06/27/2013

Last Buyer's Agent

Julie Taylor

Windermere Real Estate/East License #25304

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM508519

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$16,982

Year Built

2003

Lot Details

0

Listing Details

  • Condition: Very Good
  • Sq Ft Finished: 3478
  • Form 17: Provided
  • Special Features: None
  • Year Built: 2003

Interior Features

  • Appliances: Dishwasher, Garbage Disposal, Microwave, Range/Oven
  • Fireplaces: 2
  • Features: Wet Bar, Bath Off Master, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Jetted Tub, Security System, Vaulted Ceilings, Walk-in Closet
  • Fireplaces: 2
  • Floor: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Water Heater Location: Garage-Electric

Exterior Features

  • Roof: Composition
  • Exterior: Stone, Wood, Wood Products
  • Foundation: Poured Concrete
  • Lot Details: Paved Street, Value In Land
  • Roof: Composition
  • Site Features: Cable TV, Deck, Dock, Partial Fence, Natural Gas Available, Patio, RV Parking, Sprinkler System
  • View: Lake
  • Waterfront: Lake
  • Waterfront Frontage: 80
  • Lot Topography: Level

Garage/Parking

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

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Garbage Disposal, Microwave, Range/Oven
  • Heating and Cooling: Forced Air
  • Power Company: Puget Sound Energy
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Well
  • Water Source: Individual Well

Schools

  • School District: SUM
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2013
Closed on
Aug 26, 2013
Sold by
Wagner Seth and Wagner Janelle
Bought by
Mcginnis Stacy Lee and Mcginnis Ryan David
Seller's Agent
Justin Bartlett
Dove Realty, Inc.
Buyer's Agent
Julie Taylor
Windermere Real Estate/East
List Price
$689,900
Sold Price
$678,000
Premium/Discount to List
-$11,900
-1.72%
Current Estimated Value
$1,641,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$963,012
Avg. Annual Appreciation
7.78%
Original Mortgage
$643,890
Interest Rate
4.33%
Mortgage Type
VA

Purchase Details

Listed on
Jun 27, 2013
Closed on
Aug 22, 2013
Sold by
Rain City Capital Llc
Bought by
Wagner Seth and Wagner Janelle
Seller's Agent
Justin Bartlett
Dove Realty, Inc.
Buyer's Agent
Julie Taylor
Windermere Real Estate/East
List Price
$689,900
Sold Price
$678,000
Premium/Discount to List
-$11,900
-1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$643,890
Interest Rate
4.33%
Mortgage Type
VA

Purchase Details

Listed on
Jun 27, 2013
Closed on
Jul 17, 2013
Sold by
Veristone Fund I Llc
Bought by
Wagner Seth and Wagner Janelle
Seller's Agent
Justin Bartlett
Dove Realty, Inc.
Buyer's Agent
Julie Taylor
Windermere Real Estate/East
List Price
$689,900
Sold Price
$678,000
Premium/Discount to List
-$11,900
-1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$643,890
Interest Rate
4.33%
Mortgage Type
VA

Purchase Details

Listed on
Jun 27, 2013
Closed on
Jul 2, 2013
Sold by
Casey Scott K
Bought by
Wagner Seth Janelle and Rain City Capital & Veristone Fund I Llc
Seller's Agent
Justin Bartlett
Dove Realty, Inc.
Buyer's Agent
Julie Taylor
Windermere Real Estate/East
List Price
$689,900
Sold Price
$678,000
Premium/Discount to List
-$11,900
-1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$643,890
Interest Rate
4.33%
Mortgage Type
VA

Purchase Details

Closed on
Nov 25, 2003
Sold by
Sanregret Dale R
Bought by
Casey Scott K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,920
Interest Rate
5.5%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Mcginnis Stacy Lee $678,000 First American Title Ins Co
Wagner Seth -- Accommodation
Wagner Seth -- Accommodation
Wagner Seth Janelle $550,100 First Am
Casey Scott K $325,950 Ticor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcginnis Stacy Lee $643,890
Closed Wagner Seth $465,103
Previous Owner Casey Scott K $479,920
Closed Casey Scott K $59,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2013 08/29/13 Sold $678,000 -1.7% $195 / Sq Ft
07/24/2013 07/24/13 Pending -- -- --
06/27/2013 06/27/13 For Sale $689,900 -- $198 / 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 $16,982 $1,750,000 $743,400 $1,006,600
2024 $16,982 $1,646,500 $827,500 $819,000
2023 $16,982 $1,701,800 $835,100 $866,700
2022 $15,118 $1,673,600 $835,100 $838,500
2021 $15,357 $1,171,900 $584,600 $587,300
2019 $12,254 $1,077,300 $508,200 $569,100
2018 $14,181 $956,000 $431,200 $524,800
2017 $12,267 $910,100 $394,300 $515,800
2016 $11,054 $720,000 $308,000 $412,000
2014 $9,690 $694,300 $292,600 $401,700
2013 $9,690 $670,200 $277,200 $393,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Justin Bartlett

    Dove Realty, Inc.

    Section Image
  • Julie Taylor

    Buyer's Agent in 2013

    Julie Taylor

    Windermere Corporate

    (425) 260-6182

    2 in this area

    164 Total Sales

    Julie Taylor
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM508519

Northwest Multiple Listing Service (NWMLS)

APN: 052023-6016

Washington Pierce County Lake Tapps 98391

5502 218th Ave E, Lake Tapps, WA

This home is located at 5502 218th Ave E, Lake Tapps, WA 98391 since 27 June 2013 and is currently estimated at $1,641,012, approximately $471 per square foot. This property was built in 2003. 5502 218th Ave E is a home located in Pierce County with nearby schools including Dieringer Heights Elementary School, Lake Tapps Elementary School, and North Tapps Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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.
Based on information submitted to the MLS GRID

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