Listed by Kelly Right RE of Spokane LLC
$500,000
$45K PRICE DROP

5706 188th Ave E Lake Tapps, WA 98391

Estimated payment $3,032/month

Total Views 4,274
3 Beds
1 Bath
1,050 Sq Ft
$476 Price per Sq Ft

Highlights

  • Community Boat Launch
  • Secluded Lot
  • Sport Court
  • Emerald Hills Elementary School Rated A-
  • Traditional Architecture
  • Cul-De-Sac

About This Home

Beautifully updated and move-in ready! This charming 3-bedroom home features fresh paint, new flooring, roof, hot water heater, and brand-new appliances (all stay!). Enjoy a cozy wood-burning fireplace, spacious 1-car garage, RV parking, and a brand-new septic system. The private backyard backs to a peaceful greenbelt. Stroll to nearby Jenks Park! Low HOA dues ($11.50/mo) include access to 3 stunning lakes, private parks, boat ramp, ball field, and tennis courts. A perfect blend of comfort, convenience, and outdoor fun!

Listing Agent

Matt Hagwood

Kelly Right RE of Spokane LLC License #36375 Listed on: 05/30/2025

Co-Listing Agent

Laura Barry

Kelly Right RE of Spokane LLC License #26122

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2384968

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,559

Year Built

  • Built in 1974

Lot Details

  • 7,140 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Northwest Facing Home
  • Secluded Lot
  • Level Lot
  • Property is in good condition

HOA Fees

  • $12 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Dining Room
  • Storm Windows

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Schools

  • Bonney Lake High School

Utilities

  • Baseboard Heating
  • Water Heater
  • Septic Tank

Listing and Financial Details

Community Details

Overview

  • Lake Tapps Subdivision

Recreation

  • Community Boat Launch
  • Sport Court
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,559

Year Built

Built in 1974

Lot Details

0

HOA Fees

$12 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 1974
  • Inclusions: Dishwasher(s),Microwave(s),Stove(s)/Range(s)
  • MLS Status: Active
  • Prev Status: Active
  • Architectural Style: Traditional
  • Building Name: Lake Tapps Lakeridge # 5
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1050
  • EffectiveYearBuiltSource: See Remarks
  • SeniorExemption: false
  • SOCComments: You must request your SOC in the offer
  • NWM_ExcludedItemsYN: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2384968?w=Consumer&agent=60293
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher(s), Microwave(s), Stove(s)/Range(s)
  • Full Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Double Pane/Storm Window, Dining Room, Fireplace, Skylight(s), Water Heater
  • Living Area: 1050
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Bathrooms: 1
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1050
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Microwave(s),Stove(s)/Range(s)
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Dead End Street, Paved, Secluded
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Direction Faces: Northwest
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • WaterAccess: Beach Rights,Community Waterfront/Pvt Beach

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 1

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: septic
  • WaterCompany: Bonney Lake
  • WaterHeaterLocation: garage
  • WaterHeaterType: electric

Condo/Co-op/Association

  • Community Features: Athletic Court, Boat Launch, Park, Playground
  • Senior Community: No
  • Association Fee: 12
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Junior High Dist: Sumner-Bonney Lake
  • High School: Bonney Lake High
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 5065502090
  • Topography: Level,Partial Slope
  • Land Lease: No
  • Lot Size Acres: 0.1639
  • Lot Size Sq Ft: 7140
  • Zoning: SFR
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: tax records
  • MLSSquareFootageSource: tax records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4559

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,878 $400,400 $218,400 $182,000
2024 $3,878 $380,700 $188,400 $192,300
2023 $3,878 $357,000 $188,400 $168,600
2022 $3,939 $381,400 $196,700 $184,700
2021 $3,759 $269,700 $128,800 $140,900
2019 $2,990 $242,100 $117,700 $124,400
2018 $3,015 $224,200 $106,100 $118,100
2017 $2,623 $199,200 $88,700 $110,500
2016 $2,225 $158,400 $68,900 $89,500
2014 $2,032 $143,600 $56,300 $87,300
2013 $2,032 $128,500 $50,900 $77,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 Price Changed $500,000 -2.9% $476 / Sq Ft
08/26/2025 08/26/25 Price Changed $515,000 -2.8% $490 / Sq Ft
07/06/2025 07/06/25 Price Changed $530,000 -2.8% $505 / Sq Ft
05/30/2025 05/30/25 For Sale $545,000 -- $519 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Bargain Sale Deed -- Selectitle Llc
Special Warranty Deed -- None Available
Special Warranty Deed $176,219 Servicelink
Deed In Lieu Of Foreclosure -- Service Link
Warranty Deed $214,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $210,174 FHA
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2384968

Northwest Multiple Listing Service (NWMLS)

APN: 506550-2090