NOT LISTED FOR SALE

5529 218th Ave E Lake Tapps, WA 98391

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

4 Beds
4 Baths
3,322 Sq Ft
$299/Sq Ft Est. Value

Last Sold December 09, 2020

Last sale price $750,000 $226 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,920/month

Highlights

  • RV Access or Parking
  • Craftsman Architecture
  • 1 Fireplace
  • Dieringer Heights Elementary School Rated A-
  • Wooded Lot
  • Double Oven

About This Home

As of December 2020

Well located in the desirable community of Lake Tapps, this newly built NW Craftsman has everything you've been searching for, w/ room for everyone to spread out. Work from home in a spacious office, or work out in your home gym. Complete w/ 2 owner's suites, w/ soaking tub, walk-in closet & dbl vanity. Play games in the media rm or watch TV next to the cozy gas FP. Situated on over an acre, you'll have space for all your toys, firepit & backyard fun. Minutes to the lake, shops & restaurants.

Last Agent to Sell the Property

Amy Alpeza

Windermere Real Estate/East License #111253 Listed on: 10/29/2020

Windermere Real Estate/East

Last Buyer's Agent

Gerard Mennitto

Grit City Realty License #136429

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1682830

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,093

Year Built

  • Built in 2015

Lot Details

  • Open Space
  • Partially Fenced Property
  • Level Lot
  • Wooded Lot
  • Garden
  • Property is zoned R10

Home Design

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

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • RV Access or Parking

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • 1 Fireplace
  • Patio

Community Details

  • Lake Tapps Community

Listing and Financial Details

  • Assessor Parcel Number 0520232700

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,093

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Craftsman
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2015
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Master Br, Wired For Generator, Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, French Doors, High Tech Cabling, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 4
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 3.50
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 3
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Upper
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Upper
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3322
  • Square Footage Finished: 3322

Exterior Features

  • Exterior: Cement Planked, Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Heat Pump, High Efficiency (Unspecified)
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 4
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: City of Bonney Lake
  • Water Heater: Garage-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Lake Tapps

Schools

  • Elementary School: Dieringer Hs Elem
  • Middle School: North Tapps Mid
  • High School: Buyer To Verify
  • School District: DGR

Lot Info

  • Lot Details: Open Space, Paved Street
  • Lot Dimensions: 300x300
  • Lot Sq Ft: 45025
  • Lot Topography Vegetation: Garden Space, Level, Wooded
  • Parcel Number: 0520232700
  • Zoning Code: R10
  • Zoning Jurisdiction: County
  • Lot Topography: Garden Space, Level, Wooded

Tax Info

  • Tax Amount: 7238

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
Dec 8, 2020
Sold by
Shilley Thomas
Bought by
Shilley Linda
Seller's Agent
Amy Alpeza
Windermere Real Estate/East
Buyer's Agent
Gerard Mennitto
Grit City Realty
List Price
$750,000
Sold Price
$750,000
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.
Estimated Appreciation
$243,315
Avg. Annual Appreciation
6.05%
Original Mortgage
$600,000
Outstanding Balance
$537,556
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$455,759

Purchase Details

Listed on
May 29, 2015
Closed on
Dec 28, 2015
Sold by
Canyon Creek Crossing Llc
Bought by
Lane Christopher K and Lane Helen R
Seller's Agent
Shawn Maxey
Terry Wise & Associates
Buyer's Agent
Dan Faulkner
John L. Scott, Inc.
List Price
$439,000
Sold Price
$439,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.55%
Original Mortgage
$409,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2015
Sold by
Timberland Bank
Bought by
Canyon Creek Crossing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
12/09/2020 12/09/20 Sold $750,000 0.0% $226 / Sq Ft
11/07/2020 11/07/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $750,000 +70.8% $226 / Sq Ft
01/15/2016 01/15/16 Sold $439,000 0.0% $132 / Sq Ft
06/05/2015 06/05/15 Pending -- -- --
05/29/2015 05/29/15 For Sale $439,000 -- $132 / 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 $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

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1682830

Northwest Multiple Listing Service (NWMLS)

APN: 052023-2700