Listed by Skyline Properties, Inc., Bought with Keller Williams Realty PS
NOT LISTED FOR SALE

5509 218th Ave E Lake Tapps, WA 98391

Estimated Value: $832,000 - $1,071,000

1.03 Acres
$964,383 Price per Acre
44,867 Sq Ft Lot

Last Sold March 27, 2015

Last sale price $80,000

Est. 1,142% increase in value since last sale

Current estimated payment $5,920/month

217 Days on Market

Highlights

  • Lake View
  • Dieringer Heights Elementary School Rated A-
  • Level Lot

About This Lot

As of March 2015

Land available for your new home! Slightly over an acre of level land – part of Tapps Meadows. This community has beach rights and access to Lake Tapps across the street. Utilities available in the street. There is an expired septic design available also.

Last Agent to Sell the Property

Julie Mayer

Skyline Properties, Inc. License #23585 Listed on: 06/30/2014

Skyline Properties, Inc.

Last Buyer's Agent

John Bays

Keller Williams Realty PS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM659508

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,093

Lot Details

Property Views

  • Lake
  • Territorial

Additional Features

  • Level Lot
  • Sewer Not Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 0520232700

Property Details

Property Type

Land

Est. Annual Taxes

$8,093

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Brush, Lightly Treed
  • Style: 41 - Res-Over 1 Acre
  • Restrictions: CCAndR, Unknown
  • Special Features: 20
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: County Right of Way, Paved
  • Road On Which Sideof Property: Front
  • View: Lake, Territorial
  • Water Jurisdiction: City of Bonney Lake

Utilities

  • Electricity: Available
  • Gas Available: Not Available
  • Sewer: Not Available
  • Water: Available

Condo/Co-op/Association

  • Community Name: Lake Tapps
  • Community Features: CCRs

Schools

  • School District: DGR

Lot Info

  • Easements: Unknown
  • General Zoning Classification: Residential
  • Lot Details: Paved Street
  • Lot Sq Ft: 45024
  • Parcel Number: 0520232700
  • Topography: Level
  • Zoning Jurisdiction: County
  • Zoning Remarks: R10

Tax Info

  • Tax Amount: 1453

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2020
Sold by
Shilley Thomas
Bought by
Shilley Linda
Current Estimated Value
$993,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$537,556
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$494,360

Purchase Details

Closed on
Dec 28, 2015
Sold by
Canyon Creek Crossing Llc
Bought by
Lane Christopher K and Lane Helen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 30, 2014
Closed on
Mar 24, 2015
Sold by
Timberland Bank
Bought by
Canyon Creek Crossing Llc
Seller's Agent
Julie Mayer
Skyline Properties, Inc.
Buyer's Agent
John Bays
Keller Williams Realty PS
List Price
$99,500
Sold Price
$80,000
Premium/Discount to List
-$19,500
-19.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.55%
Original Mortgage
$5,000,000
Interest Rate
3.76%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 5, 2014
Sold by
Filiss Pasadiez G and Filiss Bianca D
Bought by
Timberland Bank

Purchase Details

Closed on
Jun 6, 2008
Sold by
Vanderhoek Associates Llc
Bought by
Filiss Pasadiez G and Filiss Bianca D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2005
Sold by
Vander Hoek Minne and Van Der Hoek Trudy
Bought by
Vanderhoek Associates Llc
Source: Public Records

Range of Values:

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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
Shilley Linda -- Wfg Natl Ttl Co Of Wa Llc
Shilley Linda $750,000 Wfg Natl Ttl Co Of Wa Llc
Lane Christopher K $438,719 First American Title Ins Co
Canyon Creek Crossing Llc $79,719 Fidelity National Title
Timberland Bank -- None Available
Filiss Pasadiez G $160,000 Talon Group
Vanderhoek Associates Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shilley Linda $600,000
Previous Owner Lane Christopher K $409,000
Previous Owner Canyon Creek Crossing Llc $263,000
Previous Owner Filiss Pasadiez G $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2015 03/27/15 Sold $80,000 -19.6% --
02/02/2015 02/02/15 Pending -- -- --
06/30/2014 06/30/14 For Sale $99,500 -- --
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 $8,093 $900,600 $378,200 $522,400
2024 $8,093 $843,200 $332,300 $510,900
2023 $8,093 $802,300 $342,200 $460,100
2022 $7,777 $776,000 $328,300 $447,700
2021 $7,509 $566,900 $237,300 $329,600
2019 $6,523 $534,800 $199,800 $335,000
2018 $7,214 $503,800 $163,900 $339,900
2017 $6,089 $458,600 $144,200 $314,400
2016 $1,595 $99,600 $99,600 $0
2014 $1,281 $99,600 $99,600 $0
2013 $1,281 $90,800 $90,800 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Julie Mayer

    Skyline Properties, Inc

    Section Image

  • J

    Buyer's Agent in 2015

    John Bays

    Keller Williams Realty PS

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM659508

Northwest Multiple Listing Service (NWMLS)

APN: 052023-2700

Washington Pierce County Lake Tapps 98391

5509 218th Ave E, Lake Tapps, WA

This home is located at 5509 218th Ave E, Lake Tapps, WA 98391 since 30 June 2014 and is currently estimated at $993,315. 5509 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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