Listed by Kelly Right RE of Spokane LLC, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

Lake Tapps, WA 98391

Estimated Value: $464,114 - $483,000

2 Beds
1 Bath
1,056 Sq Ft
$450/Sq Ft Est. Value

Last Sold August 07, 2012

Last sale price $154,500 $146 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $2,808/month

7 Days on Market

Highlights

  • RV Access or Parking
  • Property is near public transit and bus stop
  • Storm Windows
  • Emerald Hills Elementary School Rated A-
  • Cul-De-Sac
  • 1-Story Property

About This Home

As of August 2012

This home has year round waterfront privileges to Jenks private park on Lake Tapps with boat launch and tennis courts. There are 2 large bedrooms and 1 full bathroom along with a laundry room, dining room and large living area with an expansive kitchen. Custom cabinets and granite counter tops. A private, fully fenced yard, RV/Boat parking and large shop (12X16) with power.

Last Agent to Sell the Property

Matt Hagwood

Kelly Right RE of Spokane LLC License #36375 Listed on: 05/25/2012

Last Buyer's Agent

Melissa Fritzler

Skyline Properties, Inc. License #9183

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 361319

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,155

Year Built

  • Built in 1979

Lot Details

  • 8,800 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Level Lot

Parking

  • RV Access or Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Laminate Flooring
  • Storm Windows

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Emerald Hills Elementary School
  • Lakeridge Middle School
  • Bonney Lake High School

Utilities

  • Water Heater
  • Septic Tank
  • Septic System
  • Cable TV Available

Additional Features

  • Outbuilding
  • Property is near public transit and bus stop

Community Details

  • Lakeridge Subdivision

Listing and Financial Details

  • Tax Lot 197
  • Assessor Parcel Number 5065501971

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,155

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1979
  • Inclusions: Dishwasher,Microwave,RangeOven
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: lakeridge 5
  • Unit Levels: One
  • CalculatedSquareFootage: 1056
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Microwave, Range/Oven
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Forced Air, Laminate, Double Pane/Storm Window, Dining Room, Water Heater
  • Living Area: 1056
  • Main Level Bedrooms: 2
  • BathsFullMain: 1
  • SquareFootageFinished: 1056
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Microwave,Range/Oven

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: RV Parking, None

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Utilities: Cable Connected, Septic System, Electricity Available
  • HeatingCoolingType: Forced Air
  • PowerCompany: PSE
  • WaterCompany: Bonney Lake
  • WaterHeaterType: electric

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 5065501971
  • Topography: Level
  • Lot Size Acres: 0.202
  • Lot Size Sq Ft: 8800
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Outbuildings,RV Parking
  • ZoningJurisdiction: City
  • LotNumber: 197

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2011
  • Tax Annual Amount: 2155

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Emerald Hills Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2012
Closed on
Aug 3, 2012
Sold by
Clem Jay L and Clem Lisa M
Bought by
Reed Lesley
Seller's Agent
Matt Hagwood
Kelly Right RE of Spokane LLC
Buyer's Agent
Melissa Fritzler
Skyline Properties, Inc.
List Price
$154,500
Sold Price
$154,500
Current Estimated Value
$475,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,029
Avg. Annual Appreciation
8.74%
Original Mortgage
$157,653
Outstanding Balance
$108,958
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$366,571

Purchase Details

Closed on
Sep 15, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Clem Jay L and Clem Lisa L

Purchase Details

Closed on
May 31, 2011
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Veterans Affairs

Purchase Details

Closed on
Jul 22, 2008
Sold by
Brooks Joanna D and Irick Thomas
Bought by
Smith Kenneth S and Smith Ann R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,571
Interest Rate
6.31%
Mortgage Type
VA

Purchase Details

Closed on
Jan 6, 2007
Sold by
Brooks Johnny M
Bought by
Brooks Joanna D

Purchase Details

Closed on
Oct 29, 2001
Sold by
Brooks Johnny M
Bought by
Brooks Joanna D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,892
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 14, 2000
Sold by
Wegman Mark E
Bought by
Farr David W and Farr Audrey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
7.87%

Purchase Details

Closed on
Dec 21, 1994
Sold by
Caudill Denita Lee
Bought by
Wegman Mark E and Wegman Constance E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,718
Interest Rate
9.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reed Lesley $154,500 Fidelity National Title
Clem Jay L -- Wfg Natl Title
The Secretary Of Veterans Affairs -- None Available
Wells Fargo Bank $141,008 None Available
Smith Kenneth S $214,950 First American Title Ins Co
Brooks Joanna D -- None Available
Brooks Joanna D -- Chicago Title
Brooks Joanna D $125,000 Chicago Title
Farr David W $122,500 Rainier Title Company
Wegman Mark E $91,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Lesley $157,653
Previous Owner Smith Kenneth S $219,571
Previous Owner Brooks Joanna D $123,892
Previous Owner Farr David W $98,000
Previous Owner Wegman Mark E $91,718
Closed Farr David W $18,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2012 08/07/12 Sold $154,500 0.0% $146 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
05/25/2012 05/25/12 For Sale $154,500 -- $146 / 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 $3,868 $398,900 $229,200 $169,700
2024 $3,868 $377,700 $199,500 $178,200
2023 $3,868 $356,000 $199,500 $156,500
2022 $3,925 $379,900 $208,300 $171,600
2021 $3,723 $267,000 $136,400 $130,600
2019 $2,977 $240,100 $124,700 $115,400
2018 $2,990 $223,200 $113,500 $109,700
2017 $2,602 $197,500 $94,900 $102,600
2016 $2,193 $156,800 $73,700 $83,100
2014 $2,004 $141,400 $60,300 $81,100
2013 $2,004 $126,600 $54,500 $72,100
Source: Public Records

Agents Affiliated with this Home

  • Matt Hagwood

    Seller's Agent in 2012

    Matt Hagwood

    Kelly Right RE of Spokane LLC

    (253) 569-4949

    1 in this area

    86 Total Sales

    Matt Hagwood
    Section Image
  • Melissa Fritzler

    Buyer's Agent in 2012

    Melissa Fritzler

    Skyline Properties, Inc

    (253) 232-8405

    2 in this area

    82 Total Sales

    Melissa Fritzler
    Section Image
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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 361319

Northwest Multiple Listing Service (NWMLS)

APN: 506550-1971

Washington Pierce County Lake Tapps

98391

Not Listed for Sale

Detached

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Based on information submitted to the MLS GRID

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