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4611 Lakeridge Drive East

4611 Lakeridge Drive East, Bonney Lake, WA 98391
Property in Pierce
Sold Dec 09, 2021
$1,200,000
$776,250 by Guild Mortgage Co
Mortgage Due Jan 01, 2052
Sold May 30, 2000
$310,000
$260,000 by Richard A Johnson
Mortgage Due Sep 10, 2010
4611 Lakeridge Drive East has been categorized by the local assessors in Bonney Lake, WA as a residential type of property. The building on the property was first built in 1977 and is 47 years old. However, we must point out that the home was most recently renovated and altered in 1987. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4611 Lakeridge Drive East has 2,599 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 947 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 13,275 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bi-level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 675 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B- by the local assessor. The roof of the building is made of concrete. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4611 Lakeridge Drive East was last sold in Nov 30, 2021 for $1,200,000. According to our calculations, that's $1,267.16 per sqft. Prior to that sales transaction, the property was sold for $310,000 in May 23, 2000. Current property owners are expected to pay $13,003 in taxes per year. The property on 4611 Lakeridge Drive East was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,248,600. To break that down further, the land itself was valued at $762,900. While improvements to the property were assessed at a total of $485,700. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: B-
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 947
  • Garage Type: Detached
  • Garage Square Area: 675
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 13,275
  • Lot Size Frontage Feet: 700
  • Total Building Area: 947
  • Gross Building Area: 947
  • Building Area: 2,599
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,599
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LAKE TAPPS LAKERIDGE # 2
  • Land Acres: 0.305
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 16 TOWNSHIP 20 RANGE 05 QUARTER 33 LAKE TAPPS LAKERIDGE # 2: LAKE TAPPS LAKERIDGE # 2 L 32

Ownership

  • Current Owner : PFEIFFER BONNIE E
  • Current Owner 2: PFEIFFER RICHARD E
  • Previous Owner : BLUE JENNIFER C
  • Previous Owner 2: BLUE THOMAS M
  • Owner Before Previous Owner: JOHNSON RICHARD A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sumner School District
  • Census Tract: 070314

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: 806-D4
  • Parcel: 506520-0-320
  • Lot: 32
  • Meridian: SEC 16 TWN 20 RNG 05
  • Municipality: PIERCE COUNTY
  • Latitude: 47.2161
  • Longitude: -122.187

    Address

  • Full Address: 4611 Lakeridge Dr E
  • Legal Unit: 2
  • Address - House Number: 4611
  • Street Segment Direction: E
  • Address - Street Name: Lakeridge
  • Address - Suffix Type: Dr
  • State: WA
  • City Name: Lake Tapps
  • Carrier Code: R009
  • 4-Digit Zip Code: 8935
  • Zip Code: 98391

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,003
  • Tax Rate Code Area: 378

    Appraisal Valuation

  • Standard Deviation: 0.1326
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 84
  • Final Value: 1,268,583
  • High Value: 1,436,918
  • Low Value: 1,100,247

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $960,000
  • First Open Lien Mortgage Lender: GUILD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Dec 09, 2021
  • First Open Lien Mortgage Loan Amount: $776,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052
  • Second Open Lien Mortgage Lender: UNIVERSITY CU
  • Second Open Lien Mortgage Recording Date: Dec 09, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $183,750
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $1,248,600
  • Market Land Value: $762,900
  • Market Improvement Value: $485,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,248,600
  • Assessed Land Value: $762,900
  • Assessed Improvements Value: $485,700

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Dec 09, 2021
  • Current Sale Transaction ID: 11874324076
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202112090445
  • Previous Sale Recording Date: May 30, 2000
  • Previous Sale Contract Date: May 23, 2000
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE CO
  • First Mortgage Transaction Date: Dec 09, 2021
  • First Mortgage Loan Amount: $776,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: RICHARD A JOHNSON
  • Previous Mortgage Transaction Date: May 30, 2000
  • Previous Mortgage Loan Amount: $260,000
  • Previous Mortgage Term: 123
  • Previous Mortgage Loan Type: Seller take-back
  • Previous Mortgage Loan Due Date: Sep 10, 2010

About Lake Tapps



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Frequently Asked Questions

What neighborhood is 4611 Lakeridge Drive East located in?
The 4611 Lakeridge Drive East is a located in the neighborhood of Pierce in Lake Tapps, Bonney Lake.
What is the average sales price for listings in 4611 Lakeridge Drive East?
The average sales price for units in 4611 Lakeridge Drive East is $0 currently.

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