Listed by Coldwell Banker Bain, Bought with Windermere RE South Sound, Inc
NOT LISTED FOR SALE

Estimated Value: $434,000 - $490,000

5 Acres
$92,698 Price per Acre
217,800 Sq Ft Lot

Last Sold December 01, 2020

Last sale price $330,000

Est. 40% increase in value since last sale

Current estimated payment $2,827/month

45 Days on Market

Highlights

  • 5 Acre Lot
  • Secluded Lot
  • Territorial View
  • Dieringer Heights Elementary School Rated A-

About This Lot

As of December 2020

A rare opportunity. Bring your builder. A beautiful tranquil 5 acre parcel north of Lake Tapps near Lakeland Hills. Needs to be seen to be appreciated. Located in a quiet development with 2.5 and 5 acre lots. Power and water on site, septic required. Small wetland analyzed and soil analysis completed. Great location with a remote feel close to Lakeland Hills amenities and quick access to the freeway.

Last Agent to Sell the Property

Greg Reich

Coldwell Banker Bain License #120501 Listed on: 08/15/2020

Coldwell Banker Bain

Last Buyer's Agent

Olga Petrenko

Windermere RE South Sound, Inc License #128008

Windermere RE South Sound, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1641570

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,281

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 660 x 330
  • Street terminates at a dead end
  • Secluded Lot
  • Level Lot
  • Zoning described as MSF

Schools

  • Lake Tapps Elementary School
  • North Tapps Mid Middle School

Additional Features

  • Territorial Views
  • Sewer Not Available

Community Details

  • Lakeland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0520051019

Property Details

Property Type

Land

Est. Annual Taxes

$4,281

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Brush,Evergreens
  • Restrictions: CC&R
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Residential, See Remarks
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Territorial
  • Lot Features: Dead End Street, Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: County Right of Way
  • RoadOnWhichSide: NW corner
  • WaterJurisdiction: Bonney Lake
  • WaterfrontFootage: No

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Not Available
  • Water Source: Available, In Street
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Utilities: Electricity Connected
  • ElectricityStatus: On Property
  • GasStatus: Not Available
  • SepticDesignApplied: false
  • SepticDesignInstalled: false

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 0520051019
  • Topography: Level
  • Lot Size Acres: 5
  • Lot Size: 660 x 330
  • Lot Size Sq Ft: 217800
  • Zoning Description: MSF
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Residential,See Remarks
  • SoilFeasibilityTest: true
  • PublicLandSurvey: 52005
  • SoilTestDate: yes

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4281

MLS Schools

  • Elementary School: Lake Tapps Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2022
Sold by
Wood Monica A and Allen Eugene
Bought by
Davis Isaac J and Davis Antoinette L
Current Estimated Value
$463,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Outstanding Balance
$279,047
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$152,331

Purchase Details

Listed on
Aug 15, 2020
Closed on
Nov 24, 2020
Sold by
Martin Keith A and Martin Liliane A
Bought by
Wood Monica A and Wood Allen Eugene
Seller's Agent
Greg Reich
Coldwell Banker Bain
Buyer's Agent
Olga Petrenko
Windermere RE South Sound, Inc
List Price
$360,000
Sold Price
$330,000
Premium/Discount to List
-$30,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%
Original Mortgage
$247,500
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2007
Sold by
Heisinger Erika
Bought by
Martin Keith A and Martin Lilliane A

Purchase Details

Closed on
Oct 15, 2001
Sold by
Martin Keith A
Bought by
Martin Keith A and Martin Lilliane A

Purchase Details

Closed on
Oct 3, 2001
Sold by
Heisinger Wilhelm O
Bought by
Heisinger Wilheim O and Heisinger Erika E

Purchase Details

Closed on
Dec 14, 2000
Sold by
Heisinger Wilhelm O
Bought by
Martin Keith A and Martin Lilliane A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Davis Isaac J -- Equity Title Of Washington, Ll
Wood Monica A $330,000 Rainier Title Llc
Martin Keith A $40,000 None Available
Martin Keith A -- --
Heisinger Wilheim O -- --
Martin Keith A $40,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Isaac J $297,500
Previous Owner Wood Monica A $247,500
Previous Owner Martin Keith A $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2020 12/01/20 Sold $330,000 -8.3% --
09/24/2020 09/24/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $360,000 0.0% --
08/25/2020 08/25/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $360,000 -- --
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
2025 $4,443 $455,800 $455,800 --
2024 $4,443 $424,800 $424,800 --
2023 $4,443 $446,000 $446,000 $0
2022 $3,706 $446,000 $446,000 $0
2021 $4,687 $358,600 $358,600 $0
2019 $3,666 $320,200 $320,200 $0
2018 $3,801 $286,600 $286,600 $0
2017 $3,287 $237,500 $237,500 $0
2016 $2,902 $188,300 $188,300 $0
2014 $3,008 $176,900 $176,900 $0
2013 $3,008 $172,000 $172,000 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1641570

Northwest Multiple Listing Service (NWMLS)

APN: 052005-1019