Listed by Coldwell Banker Danforth
NOT LISTED FOR SALE

Estimated Value: $715,407 - $809,000

0.2 Acre
$3,755,429 Price per Acre
8,842 Sq Ft Lot

Last Sold August 03, 2012

Last sale price $56,500

Est. 1,249% increase in value since last sale

Current estimated payment $4,503/month

145 Days on Market

Highlights

  • Waterfront Community
  • Community Boat Launch
  • Corner Lot
  • Emerald Hills Elementary School Rated A-
  • Lake View

About This Lot

As of August 2012

This unique property in desirable Lake Tapps area is one of the last undeveloped parcels in the area. Excellent South & West exposures, partial lake view and the most convenient access to Lake Tapps. Surveyed & ready to build. Has an approved 3br septic and infiltrator designs, site devel permits and septic easement. Septic is off site which maximizes buildable sq footage.

Last Agent to Sell the Property

Lorian Maddox

Coldwell Banker Danforth License #26885 Listed on: 01/21/2012

Coldwell Banker Danforth

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 312431

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,015

Lot Details

  • 8,842 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Zoning described as R10

Property Views

  • Lake Views

Schools

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

Utilities

  • Septic Design Applied
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 93
  • Assessor Parcel Number 5065400930

Community Details

Overview

  • Lakeridge 4 Condos
  • Lakeridge Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Boat Launch
  • Waterfront Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,015

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Lakeridge 4
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Restrictions: CC&R
  • Improvements: Cable TV Available
  • AssessmentFees: Parks
  • Special Features: None

Interior Features

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

Exterior Features

  • View: Lake, See Remarks
  • Lot Features: Corner Lot, Paved
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: County Maintained,Paved
  • RoadOnWhichSide: S,W
  • WaterJurisdiction: Bonney Lake
  • Easements: Yes

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Not Available
  • Water Source: In Street
  • Electricity On Property: Yes
  • Utilities: Natural Gas Available, Electricity Connected, Septic Design Applied
  • ElectricityStatus: In Street
  • GasStatus: In Street
  • SepticDesignApplied: true
  • SepticDesignInstalled: false

Condo/Co-op/Association

  • Community Features: Boat Launch, CCRs, Community Waterfront/Pvt Beach
  • Senior Community: No

Schools

  • Junior High Dist: Sumner
  • High School: Sumner Snr High
  • Middle Or Junior School: Lakeridge Middle

Lot Info

  • Parcel Number: 5065400930
  • Topography: Level
  • Lot Size Acres: 0.203
  • Lot Size Sq Ft: 8842
  • Zoning Description: R10
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • LotNumber: 93
  • SoilFeasibilityTest: true

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2011
  • Tax Annual Amount: 1015

MLS Schools

  • Elementary School: Emerald Hills Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2024
Sold by
Suzanne Elizabeth Murray Trust
Bought by
Painter Cameron M
Current Estimated Value
$762,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$578,175
Outstanding Balance
$572,376
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$189,976

Purchase Details

Closed on
Mar 10, 2023
Sold by
Murray Suzanne E
Bought by
Suzanne Elizabeth Murray Trust

Purchase Details

Closed on
Feb 5, 2021
Sold by
Rush Justin Jeffrey and Rush Brittany Marie
Bought by
Murray Suzanne E

Purchase Details

Closed on
May 24, 2017
Sold by
Holland Michael D and Holland Kassandra S
Bought by
Rush Justin Jeffrey and Rush Brittany Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,548
Interest Rate
3.97%
Mortgage Type
VA

Purchase Details

Listed on
Jan 21, 2012
Closed on
Aug 2, 2012
Sold by
Kennedy Wayne M
Bought by
Holland Michael D and Holland Kassie B
Seller's Agent
Lorian Maddox
Coldwell Banker Danforth
List Price
$89,500
Sold Price
$56,500
Premium/Discount to List
-$33,000
-36.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.33%

Purchase Details

Closed on
Aug 17, 2006
Sold by
Kennedy Bonita F
Bought by
Kennedy Wayne M

Purchase Details

Closed on
Nov 8, 2002
Sold by
Lewis Robert W
Bought by
Kennedy Wayne M and Kennedy Bonita F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Painter Cameron M $741,250 Ticor Title
Painter Cameron M $741,250 Ticor Title
Suzanne Elizabeth Murray Trust -- --
Murray Suzanne E $625,000 Cw Title
Rush Justin Jeffrey $399,669 F A T C O
Holland Michael D $56,500 Stewart Title Company
Kennedy Wayne M -- Stewart Title
Kennedy Wayne M -- None Available
Kennedy Wayne M $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Painter Cameron M $578,175
Closed Painter Cameron M $578,175
Previous Owner Rush Justin Jeffrey $408,548
Previous Owner Kennedy Wayne M $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2012 08/03/12 Sold $56,500 -36.9% --
06/14/2012 06/14/12 Pending -- -- --
01/21/2012 01/21/12 For Sale $89,500 -- --
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 $6,189 $647,500 $229,400 $418,100
2024 $6,189 $633,800 $199,700 $434,100
2023 $6,189 $579,000 $199,700 $379,300
2022 $6,346 $624,600 $208,500 $416,100
2021 $5,634 $410,000 $136,600 $273,400
2019 $4,533 $363,600 $124,800 $238,800
2018 $4,673 $345,500 $113,600 $231,900
2017 $4,031 $314,000 $95,000 $219,000
2016 $1,817 $121,200 $73,800 $47,400
2014 $748 $121,900 $60,400 $61,500
2013 $748 $51,800 $51,800 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 312431

Northwest Multiple Listing Service (NWMLS)

APN: 506540-0930