NOT LISTED FOR SALE

Lake Tapps, WA 98391

Estimated Value: $1,266,000 - $1,413,048

3 Beds
2 Baths
1,350 Sq Ft
$1,007/Sq Ft Est. Value

Last Sold March 23, 2021

Last sale price $1,183,000 $876 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $8,089/month

4 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Waterfront Community
  • Community Boat Launch
  • Dieringer Heights Elementary School Rated A-
  • Docks
  • Lake View

About This Home

As of March 2021

Wonderful level property with full Mt Rainier View and Western exposure Sunsets*fantastic privacy also!!! In Fairweather Cove on Tacoma Pt.*Build your dream home or keep the 3 Buildings*Rambler could be your adu fenced off seperate*And keep the cabin on the lake or remodel/add on your 3500sq. Ft home* Detached large Shop Already there for all your Toys. Bulk head*Boat Lift*Small boat Ramp on property*Tacoma pt has two private parks*Plenty of RV Parking*Close to Lakeland Town center with Shopping & Restaurants & quick access to Highways & I-5*gated driveway*

Last Agent to Sell the Property

Sherrie Sells

RE/MAX Realty South License #16602 Listed on: 01/07/2021

RE/MAX Realty South

Last Buyer's Agent

Tory Mayfield

Keller Williams Realty PS License #27276

Keller Williams Realty PS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1694281

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • Low Bank Waterfront Property

Parking

  • Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Wood Flooring
  • Lake Views

Kitchen

  • Oven or Range
  • Dishwasher

Outdoor Features

  • Bulkhead
  • Docks
  • Deck
  • Outbuilding

Utilities

  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 507500-211-0

Community Details

Overview

  • Lake Tapps Community

Recreation

  • Community Boat Launch
  • Waterfront Community

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Security System
  • Floor Covering: Hardwood
  • Appliances That Stay: Dishwasher, Range/Oven
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 1.50
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Estimated Sq Ft: 1350
  • Square Footage Finished: 1350

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake
  • Waterfront: Bank-Low, Bulkhead, Lake, No Bank
  • Waterfront Frontage: 70

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSe
  • Sewer: Septic
  • Water Company: City of Bonney Lake
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Lake Tapps
  • Project: Lake Tapps Tacoma Point
  • Community Features: Boat Launch, Community Waterfront/Pvt Beach

Schools

  • School District: DGR

Lot Info

  • Lot Number: 49
  • Lot Details: Paved Street
  • Lot Sq Ft: 38000
  • Parcel Number: 507500-211-0

Tax Info

  • Tax Amount: 10587

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2021
Closed on
Mar 12, 2021
Sold by
Sells Sherri M
Bought by
Mayfield Tory J and Mayfield Shaunacy M
Seller's Agent
Sherrie Sells
RE/MAX Realty South
Buyer's Agent
Tory Mayfield
Keller Williams Realty PS
List Price
$1,175,000
Sold Price
$1,183,000
Premium/Discount to List
$8,000
0.68%
Current Estimated Value
$1,359,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,762
Avg. Annual Appreciation
2.92%
Original Mortgage
$776,250
Outstanding Balance
$695,853
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$663,909

Purchase Details

Closed on
Jun 17, 2013
Sold by
White Randall D and Dunbar Cynthia L
Bought by
Sells Sherrie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
3.32%
Mortgage Type
Purchase Money Mortgage
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
Mayfield Tory J $1,183,000 First American Title
Sells Sherrie M $575,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayfield Tory J $776,250
Previous Owner Sells Sherrie M $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2021 03/23/21 Sold $1,183,000 +0.7% $876 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $1,175,000 -- $870 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $12,339 $1,236,200 $798,100 $438,100
2024 $12,339 $1,214,100 $840,500 $373,600
2023 $12,339 $1,230,500 $886,600 $343,900
2022 $9,985 $1,126,900 $817,500 $309,400
2021 $10,388 $787,700 $581,400 $206,300
2019 $10,053 $787,300 $588,800 $198,500
2018 $11,269 $782,400 $588,800 $193,600
2017 $9,660 $721,400 $542,400 $179,000
2016 $7,670 $536,000 $374,700 $161,300
2014 $7,153 $479,500 $339,000 $140,500
2013 $7,153 $431,400 $299,700 $131,700
Source: Public Records

Agents Affiliated with this Home

  • Sherrie Sells

    Seller's Agent in 2021

    Sherrie Sells

    RE/MAX REALTY SOUTH

    (253) 381-4994

    3 in this area

    45 Total Sales

    Sherrie Sells
    Section Image
  • Tory Mayfield

    Buyer's Agent in 2021

    Tory Mayfield

    Keller Williams Realty PS

    (253) 335-6669

    9 in this area

    146 Total Sales

    Tory Mayfield
    Section Image
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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1694281

Northwest Multiple Listing Service (NWMLS)

APN: 507500-2110

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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