NOT LISTED FOR SALE

Estimated Value: $285,000 - $538,000

0.34 Acre
$1,250,178 Price per Acre
14,889 Sq Ft Lot

Last Sold October 06, 2023

Last sale price $280,000

Est. 53% increase in value since last sale

Current estimated payment $2,547/month

134 Days on Market

Highlights

  • Lake View
  • Corner Lot
  • 3-minute walk to Allan Yorke City Park
  • Emerald Hills Elementary School Rated A-
  • No HOA

About This Lot

As of October 2023

Fantastic land opportunity in Lake Tapps that offers incredible views of the Lake, Mt Rainier, and the Cascades! This level, quiet, and clear 1/3 acre is the perfect spot to build your dream home. Ideal location situated near the boat launch and Allan Yorke Park, and just minutes to shopping and restaurants. Enjoy everything Lake Tapps has to offer including boating, fishing, kayaking, parks, trails, and so much more! A general feasibility was completed Oct. 2021. Don't miss this one!

Last Agent to Sell the Property

Max Feinstein

Kelly Right RE of Seattle LLC License #26299 Listed on: 05/11/2023

Kelly Right RE of Seattle LLC

Last Buyer's Agent

Ryan Dunne

Summit Properties License #11831

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2066847

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,878

Lot Details

  • 0.34 Acre Lot
  • Street terminates at a dead end
  • Corner Lot
  • Level Lot
  • Zoning described as R1

Property Views

  • Lake
  • Mountain
  • Territorial

Schools

  • Emerald Hills Elementary School
  • Lakeridge Middle School
  • Sumner Snr High School

Utilities

  • Sewer in Street

Community Details

  • No Home Owners Association
  • Lake Tapps Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3431000020

Property Details

Property Type

Land

Est. Annual Taxes

$1,878

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 528

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Lake, Mountain(s), Territorial
  • Lot Features: Corner Lot, Dead End Street, Paved, Sidewalk
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Paved

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: In Street
  • Water Source: Available, In Street
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Natural Gas Available, Electricity Available
  • ElectricityStatus: In Street
  • GasStatus: In Street

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Sumner-Bonney Lake
  • High School: Sumner Snr High
  • Middle Or Junior School: Lakeridge Middle

Lot Info

  • Parcel Number: 3431000020
  • Topography: Level
  • Lot Size Acres: 0.3418
  • Lot Size Sq Ft: 14888
  • Zoning Description: R1
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Residential

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1878

MLS Schools

  • Elementary School: Emerald Hills Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Sep 29, 2023
Sold by
Gupta Dhiraj and Gupta Sanjana
Bought by
Chapman Kevin and Chapman Katerie
Seller's Agent
Max Feinstein
Kelly Right RE of Seattle LLC
Buyer's Agent
Ryan Dunne
Summit Properties
List Price
$299,000
Sold Price
$280,000
Premium/Discount to List
-$19,000
-6.35%
Total Days on Market
134
Views
233
Current Estimated Value
$427,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,311
Avg. Annual Appreciation
29.00%

Purchase Details

Listed on
Aug 12, 2021
Closed on
Nov 2, 2021
Sold by
Day Catherine J
Bought by
Gupta Sanjana and Gupta Dhiraj
Seller's Agent
Michael Menin
Best Choice Realty LLC
Buyer's Agent
Steve Sanelli
Coldwell Banker Bain
List Price
$299,000
Sold Price
$260,000
Premium/Discount to List
-$39,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.96%
Source: Public Records

Similar Property in the area

  • 6707 W Lake Tapps Hwy E, Lake Tapps, WA 98391

    $449,000

    • Land
    • 0.34 Acre
    • $1,320,588 per Acre
    • 6707 W Lake Tapps Hwy E
    • Lake Tapps, WA

    Fantastic land opportunity in Lake Tapps. This quiet, level lot provides panoramic views of Lake Tapps, Mt Rainier, and the Cascades. Terrific gentle sloping lot is a stones throw to the lake, walking distance to the public boat launch, and Allan Yorke Park.

    Ryan Dunne Summit Properties

    Section Image

Range of Values:

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Average Value
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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
Chapman Kevin $280,000 Wfg National Title Company Of
Gupta Sanjana $260,000 First American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $280,000 -6.4% --
09/22/2023 09/22/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $299,000 0.0% --
08/10/2023 08/10/23 Pending -- -- --
08/01/2023 08/01/23 For Sale $299,000 0.0% --
07/08/2023 07/08/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $299,000 +15.0% --
11/09/2021 11/09/21 Sold $260,000 -13.0% --
10/13/2021 10/13/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $299,000 -- --
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 $1,770 $177,600 $177,600 --
2023 $1,770 $173,400 $173,400 $0
2022 $1,898 $190,400 $190,400 $0
2021 $1,747 $133,600 $133,600 $0
2019 $1,315 $115,100 $115,100 $0
2018 $1,384 $106,200 $106,200 $0
2017 $1,078 $98,400 $98,400 $0
2016 $870 $71,600 $71,600 $0
2014 $955 $61,400 $61,400 $0
2013 $955 $58,200 $58,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2066847

Northwest Multiple Listing Service (NWMLS)

APN: 343100-0020