NOT LISTED FOR SALE

9 178th Ave E Lake Tapps, WA 98391

Estimated Value: $894,000 - $957,000

2.48 Acres
$370,956 Price per Acre
108,029 Sq Ft Lot

Last Sold April 14, 2017

Last sale price $182,500

Est. 404% increase in value since last sale

Current estimated payment $5,782/month

72 Days on Market

Highlights

  • 2.48 Acre Lot
  • Mountain View
  • Level Lot
  • Lake Tapps Elementary School Rated A-
  • Open Space

About This Lot

As of April 2017

Vacant Land With Lots of Potential! This Lot has over 2.4AC of Property! The Lot Also Includes Electricity, Septic & Drain, Partially Fenced, and Water Ready To Be Run From Mainline in Street. Such A Great Opportunity To Own Land Just Minutes Away from Shopping Centers and Freeways. With Fruit Trees, Lots Of Greenery, & Picturesque Sunrises & Sunsets, This Property is A Must SEE! The Home & Land next door mls#1016688 is owned by the same owners and is also for sale!

Last Agent to Sell the Property

Jerome Watson

Icon Group License #116955 Listed on: 08/18/2016

Co-Listed By

Greg Ayala

Icon Group License #21003370

Last Buyer's Agent

Brian Magee

RE/MAX Realty South License #88875

RE/MAX Realty South

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1016698

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,417

Year Built

  • 2018

Lot Details

  • 2.48 Acre Lot
  • Open Space
  • Street terminates at a dead end
  • Level Lot

Property Views

  • Mountain
  • Territorial

Schools

  • Dieringer High School Elementary School

Utilities

  • Septic Design Installed

Community Details

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

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 052005-5-006

Property Details

Property Type

Land

Est. Annual Taxes

$2,417

Year Built

2018

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Lake Tapps
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Brush,Corners Flagged,Evergreens,Garden/Fruit Trees,Heavily Forested,Lightly Treed,Partially Cleared,Pasture Land,Recreational
  • Restrictions: CC&R,Manufactured Homes OK
  • Improvements: Fenced-Partially
  • Special Features: None
  • Year Built (Public Record): 2018
  • Cumulative Days on Market: 1,265

Interior Features

  • Possible Use: Farm & Ranch, Multi-Family, Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Mountain(s), Territorial
  • Lot Features: Dead End Street, Open Space
  • Road Surface Type: Gravel, Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: County Maintained,Gravel,Paved
  • RoadOnWhichSide: Left
  • WaterJurisdiction: City of Bonney Lake

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Available
  • Water Source: Available, In Street, Share Available
  • Electricity On Property: Yes
  • Utilities: Electricity Connected, Septic Design Installed
  • ElectricityStatus: Available
  • GasStatus: Not Available
  • SepticDesignInstalled: true

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 17

Schools

  • Junior High Dist: Dieringer
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 052005-5-006
  • Topography: Level,Sloped
  • Lot Size Acres: 2.48
  • Lot Size Sq Ft: 108029
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Farm & Ranch,Multi-Family,Residential
  • LotNumber: 2
  • SoilFeasibilityTest: false

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2016
  • Tax Annual Amount: 2417

MLS Schools

  • Elementary School: Dieringer Hs Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2016
Closed on
Mar 20, 2017
Sold by
Herman Michael W and Herman Terri Lee
Bought by
Daker Cory and Daker Kelsey
Seller's Agent
Jerome Watson
Icon Group
Buyer's Agent
Brian Magee
RE/MAX Realty South
List Price
$200,000
Sold Price
$182,500
Premium/Discount to List
-$17,500
-8.75%
Total Days on Market
72
Current Estimated Value
$919,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$737,472
Avg. Annual Appreciation
21.95%
Original Mortgage
$404,000
Interest Rate
4.1%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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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
Daker Cory $182,219 Fidelity National Title
Herman Michael -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daker Cory $531,000
Closed Daker Cory $24,000
Closed Daker Cory $404,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2017 04/14/17 Sold $182,500 -8.8% --
10/30/2016 10/30/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $200,000 -- --
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 $7,644 $797,500 $384,900 $412,600
2023 $7,644 $755,300 $363,800 $391,500
2022 $7,272 $776,200 $363,800 $412,400
2021 $7,225 $543,800 $236,900 $306,900
2019 $6,215 $519,700 $211,500 $308,200
2018 $2,475 $479,500 $182,900 $296,600
2017 $2,649 $151,600 $151,600 $0
2016 $2,338 $150,300 $150,300 $0
2014 $2,343 $141,100 $141,100 $0
2013 $2,343 $137,200 $137,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1016698

Northwest Multiple Listing Service (NWMLS)

APN: 052005-5006