NOT LISTED FOR SALE

14961 Olympic Loop E Unit 55 Bonney Lake, WA 98391

Estimated Value: $706,000 - $743,000

4 Beds
5 Baths
2,470 Sq Ft
$296/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $691,871 $280 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,594/month

14 Days on Market

Highlights

  • New Construction
  • Property is near public transit
  • Engineered Wood Flooring
  • Contemporary Architecture
  • Territorial View
  • 2 Car Attached Garage

About This Home

As of July 2023

The main floor of the Lori plan was designed for entertaining, offering a spacious great room, an inviting dining room and a well-appointed kitchen featuring a center island and pantry. Convenient main floor bedroom with adjacent 3/4 bathroom. Upstairs, enjoy a large loft and three comfortable bedrooms, one of which is ensuite. Lavish master suite with an attached bath and oversized walk-in closet.

Last Listed By

Maureen Doman

Richmond Realty of Washington License #4616 Listed on: 02/22/2023

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2038529

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,612

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 3,600 Sq Ft Lot
  • Property is in very good condition

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,470 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Location

  • Property is near public transit

Utilities

  • High Efficiency Heating System
  • Heat Pump System
  • Water Heater

Community Details

  • The Management Trust Association
  • Secondary HOA Phone (253) 472-0825
  • Built by Richmond American Homes
  • Tehaleh Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,612

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$80 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2023
  • Inclusions: Dishwasher,GarbageDisposal,Microwave,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Tehaleh Tyee Ridge
  • Unit Levels: Two
  • New Construction: Yes
  • CalculatedSquareFootage: 2470
  • SeniorExemption: false
  • EstimatedCompletionDate: 2023-09-15
  • NewConstruction: Completed
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2038529?w=Consumer&agent=24862
  • Special Features: NewHome
  • Cumulative Days on Market: 662

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Disposal, Microwave, Stove/Range
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Engineered Hardwood, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Bath Off Primary, Walk-In Closet(s), Fireplace, Water Heater
  • Living Area: 2470
  • Main Level Bedrooms: 1
  • Bathrooms: 4.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 2470
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 3
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 2
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Microwave,Stove/Range

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Builder Name: Richmond American Homes
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true
  • ConstructionMethods: Advanced Wall

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Pierce County Sewer
  • WaterCompany: Tacoma Water
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Hybrid

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 80
  • Association Fee Frequency: Monthly
  • Phone: 253-472-0825
  • Association: Yes
  • AssociationContactName: The Management Trust

Schools

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

Lot Info

  • Parcel Number: 315400000055
  • Land Lease: No
  • Lot Size Acres: 0.0826
  • Lot Size: 3600
  • Lot Size Sq Ft: 3600
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Builder
  • LotNumber: 55

Green Features

  • Efficiency: Advanced Wall
  • Power Production Type: Natural Gas
  • GreenVerificationHERSMetric: 56

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2023

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
Jul 25, 2023
Sold by
Richmond American Homes Of Washington In
Bought by
Swanson Nichele Jean and Swanson Jacob Ryan
Seller's Agent
Maureen Doman
Richmond Realty of Washington
Buyer's Agent
Liz Johnson
Keller Williams Realty
List Price
$617,990
Sold Price
$691,871
Premium/Discount to List
$73,881
11.96%
Total Days on Market
14
Views
3
Current Estimated Value
$729,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,044
Avg. Annual Appreciation
3.05%
Original Mortgage
$679,338
Outstanding Balance
$665,442
Interest Rate
6.67%
Mortgage Type
FHA
Estimated Equity
$64,473

Range of Values:

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Average Value
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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
Swanson Nichele Jean $691,871 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swanson Nichele Jean $679,338
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $691,871 +12.0% $280 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
02/22/2023 02/22/23 For Sale $617,990 -- $250 / 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
2024 $5,612 $660,800 $219,300 $441,500
2023 $5,612 $650,500 $211,800 $438,700
2022 $66 $191,100 $191,100 $0
2021 $66 $6,100 $6,100 --
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2038529

Northwest Multiple Listing Service (NWMLS)

APN: 700304-0550