Listed by Redfin, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

11916 103rd St E Bonney Lake, WA 98391

Estimated Value: $598,000 - $771,000

6 Beds
4 Baths
2,456 Sq Ft
$284/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $445,000 $181 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,277/month

3 Days on Market

Highlights

  • 0.61 Acre Lot
  • Wall to Wall Carpet
  • 1-Story Property
  • Wood Siding

About This Home

As of October 2019

Investor's dream! Well-maintained duplex with long term renters situated on a 1/2 acre lot. Each unit in this Bonney Lake property has 3 bedrooms, 1.75 bathrooms & 2 car garage. Also vaulted ceilings, gas fireplaces, & back yard with decks. Very stable rental history & current tenants have signed new 1 year leases. Tenants pay all utilities. New roofs in 2018, new appliances & floors in 2017. Conveniently located near schools, shopping, dining, and Highway 410.

Last Agent to Sell the Property

Mary Ann Jackson

Redfin License #22007485 Listed on: 09/13/2019

Redfin

Last Buyer's Agent

Doug McCollum

John L. Scott, Inc. License #8414

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1518807

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,752

Year Built

  • Built in 1991

Lot Details

  • 0.61

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,456 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Additional Features

  • 0.61 Acre Lot
  • Natural Gas Connected

Community Details

  • Bonney Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0519045012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,752

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1991
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2456
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: Bonney Lake
  • WaterCompany: City Of Bonney Lake
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Sumner
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 0519045012
  • Lot Size Acres: 0.61
  • Lot Size Sq Ft: 26572
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist- Buyer to Verify

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: Washer/Dryer,Water Tank
  • TotalMonthlyIncome: 2700

Multi Family

  • Gross Scheduled Income: 32400
  • Net Operating Income: 26531
  • Number Of Units Total: 2
  • Insurance Expense: 1117
  • Leasable Area: 2456
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 4752

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2019
Closed on
Oct 24, 2019
Sold by
Melvin Kelsey Rae
Bought by
Melvin Robert James
Seller's Agent
Mary Ann Jackson
Redfin
Buyer's Agent
Doug McCollum
John L. Scott, Inc.
List Price
$449,950
Sold Price
$445,000
Premium/Discount to List
-$4,950
-1.1%
Current Estimated Value
$698,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,667
Avg. Annual Appreciation
7.81%
Original Mortgage
$333,750
Outstanding Balance
$292,382
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$406,285

Purchase Details

Listed on
Sep 13, 2019
Closed on
Oct 15, 2019
Sold by
Buck Gary Dennis and Buck Gary D
Bought by
Norris Joshua and Norris Melvin Robert
Seller's Agent
Mary Ann Jackson
Redfin
Buyer's Agent
Doug McCollum
John L. Scott, Inc.
List Price
$449,950
Sold Price
$445,000
Premium/Discount to List
-$4,950
-1.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,750
Outstanding Balance
$292,382
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$406,285

Purchase Details

Closed on
Apr 14, 2015
Sold by
Buck Laurie Jae
Bought by
Buck Gary Dennis

Purchase Details

Closed on
Mar 24, 2003
Sold by
Ranch Richard F
Bought by
Buck Gary D and Buck Laurie J
Source: Public Records

Range of Values:

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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
Melvin Robert James -- Rainier Title Llc
Norris Joshua -- Rainier Title Llc
Norris Joshua $445,000 Rainier Title Llc
Buck Gary Dennis -- None Available
Buck Gary D $126,224 Rtc
Buck Gary D $126,225 Rtc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norris Joshua $333,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2019 10/25/19 Sold $445,000 -1.1% $181 / Sq Ft
09/16/2019 09/16/19 Pending -- -- --
09/13/2019 09/13/19 For Sale $449,950 -- $183 / 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 $6,996 $715,300 $270,400 $444,900
2024 $6,996 $726,000 $270,400 $455,600
2023 $6,996 $688,300 $253,900 $434,400
2022 $6,468 $644,000 $246,900 $397,100
2021 $5,671 $435,500 $168,300 $267,200
2019 $4,716 $393,700 $144,500 $249,200
2018 $4,427 $382,700 $135,400 $247,300
2017 $4,427 $338,800 $102,600 $236,200
2016 $3,521 $295,600 $92,900 $202,700
2014 $3,486 $249,000 $79,400 $169,600
2013 $3,486 $227,500 $70,400 $157,100
Source: Public Records

Agents Affiliated with this Home

  • Doug McCollum

    Buyer's Agent in 2019

    Doug McCollum

    John L Scott

    (253) 448-4770

    1 in this area

    196 Total Sales

    Doug McCollum
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1518807

Northwest Multiple Listing Service (NWMLS)

APN: 051904-5012

Washington Pierce County Bonney Lake 98391

11916 103rd St E, Bonney Lake, WA

This home is located at 11916 103rd St E, Bonney Lake, WA 98391 since 13 September 2019 and is currently estimated at $698,667, approximately $284 per square foot. This property was built in 1991. 11916 103rd St E is a home located in Pierce County with nearby schools including Victor Falls Elementary School, Mountain View Middle School, and Bonney Lake High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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