NOT LISTED FOR SALE

16229 26th St E Bonney Lake, WA 98391

Estimated Value: $1,175,000 - $1,307,000

4 Beds
4.5 Baths
4,016 Sq Ft
$311/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $1,366,710 $340 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $7,506/month

13 Days on Market

Highlights

  • New Construction
  • Contemporary Architecture
  • 2 Fireplaces
  • Lake Tapps Elementary School Rated A-
  • Territorial View
  • Walk-In Pantry

About This Home

As of July 2022

The Lotus by MainVue Homes at Lakeland Ridge is a modern home with a spacious interior. Begin at the foyer, where an arterial hallway introduces the Home Office and Multi-Purpose Room before leading to the core of the home: The Great Room, Dining room & Gourmet Kitchen featuring 3cm Quartz Counters, European Frameless Cabinetry and KitchenAid appliances. The Signature Outdoor Room connects the Dining and Great Room via wall-height sliding glad doors, bringing the outdoors in. Upstairs, the Leisure Room connects 3 secondary bedrooms each with walk-in closet and two with a private bathroom. The luxurious Grand Suite features dual walk-in Dressing Rooms, frameless walk-in shower, designer free-standing tub and vanities capped in 3cm Quartz.

Last Agent to Sell the Property

Laura Snider

DR Horton License #111731 Listed on: 01/10/2022

DR Horton

Co-Listed By

Sonna Stanton

Teambuilder KW License #51358

Last Buyer's Agent

Adam Barringer

Keller Williams Realty License #20120558

Keller Williams Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1877168

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,694

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 7,826 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 4,016 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Dining Room
  • Laminate Flooring
  • Territorial Views
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Patio

Schools

  • North Tapps Mid Middle School
  • Out Of District High School

Utilities

  • High Efficiency Air Conditioning
  • High Efficiency Heating System
  • Tankless Water Heater
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Community Details

  • Built by MainVue Homes
  • Lakeland Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot LLR-74 Lotus
  • Assessor Parcel Number 5005100740

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,694

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$79 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2022
  • Inclusions: Dishwasher,GarbageDisposal,Microwave,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Building Name: Lakeland Ridge
  • Unit Levels: Two
  • New Construction: Yes
  • CalculatedSquareFootage: 4016
  • EffectiveYearBuiltSource: See Remarks
  • SeniorExemption: false
  • EstimatedCompletionDate: 2022-07-31
  • NewConstruction: Presale
  • Special Features: NewHome
  • Cumulative Days on Market: 1,050

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Appliances: Dishwasher, Disposal, Microwave, Stove/Range
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Forced Air, High Efficiency - 90%+, Tankless Water Heater, Laminate, Bath Off Primary, Double Pane/Storm Window, Dining Room, High Tech Cabling, Walk-In Pantry, Walk-In Closet(s), Water Heater
  • Living Area: 4016
  • Bathrooms: 4.5
  • BathsFullMain: 0
  • FireplacesMain: 2
  • SquareFootageFinished: 4016
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 4
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Microwave,Stove/Range

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Builder Name: MainVue Homes
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Structure Type: House

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
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electricity Available, Natural Gas Connected, Common Area Maintenance
  • HeatingCoolingType: 90%+ High Efficiency,Forced Air,High Efficiency (Unspecified),Tankless Water Heater
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Tankless

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 79
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Common Interest: Residential

Schools

  • Junior High Dist: Dieringer
  • High School: Out of District
  • Middle Or Junior School: North Tapps Mid

Lot Info

  • Parcel Number: 5005100740
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.1797
  • Lot Size Sq Ft: 7826
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Recorded Plat Map
  • MLSSquareFootageSource: Builder
  • ZoningJurisdiction: City
  • LotNumber: LLR-74 Lotus

Green Features

  • Efficiency: High Efficiency - 90%+, High Efficiency (Unspecified)
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2023
Sold by
Yennepalli Sandeep Reddy and Rajani Reddy
Bought by
Sandeep Reddy Yennepalli And Rajani Reddy Pag and Yennepalli
Total Days on Market
13
Current Estimated Value
$1,247,177

Purchase Details

Listed on
Jan 10, 2022
Closed on
Jul 21, 2022
Sold by
Mainvue Wa Llc
Bought by
Yennepalli Sandeep Reddy and Pagilla Rajani Reddy
Seller's Agent
Laura Snider
DR Horton
Buyer's Agent
Adam Barringer
Keller Williams Realty
List Price
$1,038,995
Sold Price
$1,366,710
Premium/Discount to List
$327,715
31.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.87%
Original Mortgage
$1,091,150
Interest Rate
3.13%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Sandeep Reddy Yennepalli And Rajani Reddy Pag -- None Listed On Document
Yennepalli Sandeep Reddy -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yennepalli Sandeep Reddy $1,091,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold $1,366,710 +31.5% $340 / Sq Ft
01/27/2022 01/27/22 Price Changed $1,038,995 -23.9% $259 / Sq Ft
01/23/2022 01/23/22 Pending -- -- --
01/23/2022 01/23/22 Price Changed $1,366,000 +31.5% $340 / Sq Ft
01/10/2022 01/10/22 For Sale $1,038,995 -- $259 / 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 $9,694 $1,107,200 $271,400 $835,800
2023 $9,694 $962,800 $244,300 $718,500
2022 $1,640 $997,300 $244,300 $753,000
2021 $139 $9,900 $9,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1877168

Northwest Multiple Listing Service (NWMLS)

APN: 500510-0740