NOT LISTED FOR SALE

7406 W Tapps Hwy E Bonney Lake, WA 98391

Bonney Lake Neighborhood

Estimated Value: $1,659,000 - $1,952,939

3 Beds
1 Bath
3,147 Sq Ft
$564/Sq Ft Est. Value

Last Sold August 17, 2018

Last sale price $970,000 $308 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $11,057/month

15 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Waterfront Community
  • RV Access or Parking
  • Emerald Hills Elementary School Rated A-
  • Docks
  • 4-minute walk to Allan Yorke City Park

About This Home

As of August 2018

BEAUTIFUL 170' LAKE TAPPS FRONTAGE , UNLIMITED POSSIBILITIES! 2186 sqft GARAGE/SHOP Of DREAMS, trim/millwork match int. of home-can be used as add. liv. space*Mezzanine 2-story windows w/ gorgeous lake view & abundant light* 2nd flr storage loft*3,147 sqft/3 lg bdrms/2.75 bath*Shop ready w/air outlets & utility conduits in floor*Huge Mstr w/waterfront views,sitting area/gas FP*Kohler BodySpa jet Shwr*Hm Theater* Din/Living/Fam room*Mezzanine w/ pool table & FP* Lg. dock w/ 2 slips & jetski lifts

Last Agent to Sell the Property

Sue Dawes

John L. Scott R.E. Lake Tapps License #106973 Listed on: 07/02/2018

John L. Scott R.E. Lake Tapps

Co-Listed By

Stephanie Stephens

John L. Scott R.E. Lake Tapps License #13281

Last Buyer's Agent

Brandon Hjelseth

Keller Williams Rty Tacoma License #111984

Keller Williams Rty Tacoma

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1301047

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,613

Year Built

  • Built in 1999

Lot Details

  • Low Bank Waterfront Property
  • Sloped Lot

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1 Bathroom
  • 3 Fireplaces
  • Lake Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Bulkhead
  • Docks
  • Patio

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3037000290

Community Details

Overview

  • Lake Tapps Community

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,613

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, High Tech Cabling, Jetted Tub, Loft, Security System, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 3.00
  • Bathrooms: 2.75
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Upper
  • Fireplaces: 3
  • Fireplaces Main: 1
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3147
  • Square Footage Finished: 3147

Exterior Features

  • Exterior: Cement Planked
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake
  • Waterfront: Bank-Low, Bulkhead, Lake

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 6

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Tankless Water Heater
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Bonney Lake
  • Water Company: City of Bonney Lake
  • Water Heater: Garage-Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 12
  • Community Name: Lake Tapps
  • Community Features: Community Waterfront/Pvt Beach

Schools

  • Elementary School: Emerald Hills Elem
  • Middle School: Lakeridge Middle
  • High School: Buyer To Verify
  • School District: SUM

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 15164
  • Lot Topography Vegetation: Partial Slope
  • Parcel Number: 3037000290
  • Lot Topography: Partial Slope

Tax Info

  • Tax Amount: 11794

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2018
Closed on
Aug 8, 2018
Sold by
Gipson Dale
Bought by
Breed Christopher Aaron and Welton Kristina Linnea
Seller's Agent
Sue Dawes
John L. Scott R.E. Lake Tapps
Buyer's Agent
Brandon Hjelseth
Keller Williams Rty Tacoma
List Price
$1,099,950
Sold Price
$970,000
Premium/Discount to List
-$129,950
-11.81%
Current Estimated Value
$1,773,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$803,485
Avg. Annual Appreciation
9.36%
Original Mortgage
$921,500
Outstanding Balance
$801,353
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,023,300

Purchase Details

Closed on
Jun 2, 2003
Sold by
Jones Stephen D and Jones Sonja L
Bought by
Gipson Dale

Purchase Details

Closed on
Jul 16, 1999
Sold by
Berg Timothy J and Berg Beth
Bought by
Jones Stephen D and Jones Sonja I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.75%

Purchase Details

Closed on
Jul 21, 1998
Sold by
Johnson Gary L
Bought by
Berg Timothy J and Berg Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,500
Interest Rate
7.01%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 18, 1992
Sold by
Frost David A and Frost Julie A
Bought by
Johnson Gary L
Source: Public Records

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
Breed Christopher Aaron $969,719 Ticor Title
Gipson Dale $590,000 Trans
Jones Stephen D $365,000 --
Berg Timothy J $90,000 First American Title
Johnson Gary L $13,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Breed Christopher Aaron $921,500
Previous Owner Jones Stephen D $292,000
Previous Owner Berg Timothy J $47,500
Closed Jones Stephen D $36,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Sold $970,000 -3.0% $308 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
07/07/2018 07/07/18 Price Changed $999,999 -9.1% $318 / Sq Ft
07/02/2018 07/02/18 For Sale $1,099,950 -- $350 / 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 $17,613 $1,824,800 $851,700 $973,100
2024 $17,613 $1,792,900 $745,300 $1,047,600
2023 $17,613 $1,734,700 $742,900 $991,800
2022 $14,606 $1,674,600 $779,400 $895,200
2021 $13,177 $1,013,200 $560,200 $453,000
2019 $10,653 $984,100 $524,700 $459,400
2018 $10,085 $865,400 $455,400 $410,000
2017 $10,085 $842,700 $455,400 $387,300
2016 $8,787 $680,600 $336,600 $344,000
2014 $7,245 $621,500 $306,900 $314,600
2013 $7,245 $532,600 $244,200 $288,400
Source: Public Records

Agents Affiliated with this Home

  • Sue Dawes

    Seller's Agent in 2018

    Sue Dawes

    John L Scott

    (253) 230-2705

    1 in this area

    16 Total Sales

    Sue Dawes
    Section Image
  • Stephanie Stephens

    Seller Co-Listing Agent in 2018

    Stephanie Stephens

    John L Scott

    (253) 820-1022

    2 in this area

    22 Total Sales

    Stephanie Stephens
    Section Image
  • Brandon Hjelseth

    Buyer's Agent in 2018

    Brandon Hjelseth

    Keller Williams Rty Tacoma

    (253) 468-0991

    1 in this area

    149 Total Sales

    Brandon Hjelseth
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1301047

Northwest Multiple Listing Service (NWMLS)

APN: 303700-0290

Washington Pierce County Bonney Lake 98391 Bonney Lake

7406 W Tapps Hwy E, Bonney Lake, WA

This home is located at 7406 W Tapps Hwy E, Bonney Lake, WA 98391 since 02 July 2018 and is currently estimated at $1,773,485, approximately $563 per square foot. This property was built in 1999. 7406 W Tapps Hwy E is a home located in Pierce County with nearby schools including Emerald Hills Elementary School, Lakeridge Middle School, and Bonney Lake High 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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