LOCATION LOCATION LOCATION. Lake Tapps, Inlet Island. Desirable rambler on a tucked back lot featuring a peekaboo water view, lake access, private park with access and all amenities in walking distance (beach access, playground, clubhouse, sports courts and private boat launch)! Property includes boat parking, oversized kitchen island with storage, updated bathroom with herringbone tile flooring, new LVP and carpet found throughout the entire home, cozy wood burning fireplace, fully fenced yard and chicken coop! Fire wood in backyard to convey.
Sold
Listed by: Redfin • Nicole Gaddy
Bought with: Windermere RE/Lake Tapps, Inc
$515,000
5418 S Island Drive E, Bonney Lake, WA 98391
3beds
1,008sqft
Single Family Residence
Built in 1979
9,661 Square Feet Lot
$508,800 Zestimate®
$511/sqft
$2,664 Estimated rent
Home value
$508,800
$473,000 - $550,000
$2,664/mo
Zestimate® history
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List your homeWhat's special
Peekaboo water viewCozy wood burning fireplaceBoat parkingOversized kitchen islandChicken coopHerringbone tile flooringUpdated bathroom
Zillow last checked:
Listing updated:
Offers reviewed: May 01
Listed by:
Nicole Gaddy,
Redfin
Bought with:
Amy Quinn, 20109021
Windermere RE/Lake Tapps, Inc
Source: NWMLS as distributed by MLS GRID,MLS#: 2357511
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen without eating space
- Level: Main
Living room
- Level: Main
Heating
- Fireplace, Baseboard, Electric, Wood
Cooling
- None
Appliances
- Included: Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Garbage Disposal
Features
- Ceiling Fan(s)
- Flooring: Laminate, Carpet
- Windows: Skylight(s)
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,008
- Total interior livable area: 1,008 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Attached Garage
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Ceiling Fan(s), Fireplace, Laminate, Skylight(s)
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
Lot
- Size: 9,661 Square Feet
- Features: Fenced-Fully
Details
- Parcel number: 4720002150
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1979
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Bonney Lake
- Water: Public, Company: City of Bonney Lake
- Utilities for property: T-Mobile
Community & HOA
Community
- Subdivision: Bonney Lake
HOA
- HOA fee: $300 annually
Location
- Region: Bonney Lake
Financial & listing details
- Price per square foot: $511/sqft
- Tax assessed value: $459,300
- Annual tax amount: $4,913
- Offers reviewed: 05/01/2025
- Date on market: 6/20/2025
- Cumulative days on market: 397 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2025 | Sold | $515,000+3%$511/sqft |
Source:  NWMLS as distributed by MLS GRID #2357511 Report a problem | ||
| 4/27/2025 | Pending sale | $499,999$496/sqft |
Source: NWMLS as distributed by MLS GRID #2357511 Report a problem | ||
| 4/24/2025 | Listed for sale | $499,999+11.1%$496/sqft |
Source: NWMLS as distributed by MLS GRID #2357511 Report a problem | ||
| 4/14/2023 | Sold | $450,000-2.2%$446/sqft |
Source: NWMLS as distributed by MLS GRID #2043778 Report a problem | ||
| 3/19/2023 | Pending sale | $459,950$456/sqft |
Source: NWMLS as distributed by MLS GRID #NWM2043778 Report a problem | ||
| 3/16/2023 | Listed for sale | $459,950$456/sqft |
Source: NWMLS as distributed by MLS GRID #NWM2043778 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,280 +7.5% | $459,300 +5.8% |
| 2024 | $4,913 +30.7% | $434,100 +17.5% |
| 2023 | $3,759 -3.8% | $369,300 -7.1% |
| 2022 | $3,909 -3.6% | $397,400 +14.5% |
| 2021 | $4,056 +52.5% | $347,100 +30.8% |
| 2019 | $2,660 | $265,300 +23.1% |
| 2018 | -- | $215,500 +6.4% |
| 2017 | $2,441 +17.5% | $202,500 +32.7% |
| 2016 | $2,078 | $152,600 +3.9% |
| 2014 | $2,078 +2.7% | $146,900 +5.8% |
| 2013 | $2,023 | $138,800 +5.2% |
| 2012 | -- | $131,900 -9.3% |
| 2011 | -- | $145,500 -17.9% |
| 2010 | -- | $177,300 -11.3% |
| 2009 | $2,392 | $199,900 -3.5% |
| 2008 | -- | $207,200 -6.8% |
| 2007 | $2,386 +33.4% | $222,300 +81% |
| 2002 | $1,789 -0.5% | $122,800 +7.4% |
| 2001 | $1,798 | $114,300 +4.2% |
| 2000 | $1,798 | $109,700 |
Find assessor info on the county website
Neighborhood: 98391
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Nearby schools
GreatSchools rating
- 8/10Emerald Hills Elementary SchoolGrades: K-5Distance: 0.6 mi
- 9/10Lakeridge Middle SchoolGrades: 6-8Distance: 1.6 mi
- 9/10Bonney Lake High SchoolGrades: 9-12Distance: 2.9 mi
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Estimated market value
$508,800
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Estimated market value
$508,800
- Washington
- Pierce County
- Bonney Lake
- 98391
- 5418 S Island Drive E
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