Listed by Gateway Real Estate
$401,500
SOLD APR 14, 2017
-- Bed
-- Bath
2,860 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$140 Per Sq Ft

4 Days on Market

Highlights

  • Corner Lot
  • Patio
  • High Speed Internet
  • Bonney Lake Elementary School Rated A-
  • Ceramic Tile Flooring
  • 2-minute walk to Ken Simmons Park

About This Home

As of April 2017

Location Location Location! This 2860 sq. ft. duplex is spacious and very livable, with both units having 1320 sq. ft., 3 bedrooms, one bath, large living room, and spacious kitchen with refrigerator, dishwasher, range oven, and washer and dryer. Both units are rented below the market for this area. The home is located across the street from Lake Bonney and the community park. This is a great opportunity for growth and a long term investment. Don't miss out.

Last Agent to Sell the Property

Scott Young

Gateway Real Estate License #26995 Listed on: 02/06/2017

Gateway Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1075216

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,821

Year Built

  • Built in 1962

Lot Details

  • 9,148 Sq Ft Lot
  • Corner Lot
  • Property is in good condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,860 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Bonney Lake Elementary School
  • Bonney Lake High School

Additional Features

  • Patio
  • High Speed Internet

Community Details

  • Bonney Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 050283127

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,821

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1962
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2860
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 328

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood, Wood Products
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Bonney Lake
  • WaterCompany: Bonney Lake
  • WaterSewerGarbage: 3300

Schools

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

Lot Info

  • Parcel Number: 050283127
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9148
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: High Speed Internet,Patio
  • MLSLotSizeSource: Public Records
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 2775

Multi Family

  • Gross Scheduled Income: 33300
  • Net Operating Income: 24716
  • Number Of Units Total: 2
  • Insurance Expense: 1063
  • Leasable Area: 2860
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2016
  • Tax Annual Amount: 3821

MLS Schools

  • Elementary School: Bonney Lake Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2017
Closed on
Mar 22, 2017
Sold by
Kanany Robert
Bought by
Mack Brian D and Mack Ross Megan K
Seller's Agent
Scott Young
Gateway Real Estate
List Price
$399,950
Sold Price
$401,500
Premium/Discount to List
$1,550
0.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%
Original Mortgage
$297,000
Outstanding Balance
$247,581
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$496,975

Purchase Details

Closed on
Oct 1, 2004
Sold by
Creech Rosa L
Bought by
Kanany Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2004
Sold by
Wirt Erna A
Bought by
Creech Rosa

Purchase Details

Closed on
Apr 21, 2003
Sold by
Layne Lovel D
Bought by
Creech Rosa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
5.72%

Purchase Details

Closed on
Apr 4, 2003
Sold by
Pauscheck Charles
Bought by
Layne Lovel D and Layne Georgia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
5.72%

Purchase Details

Closed on
Jan 9, 2002
Sold by
Pausheck Charles
Bought by
Pausheck Charles and Olson Dolores P
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $401,219 Cw Title
Warranty Deed $285,000 Fidelity National Title Co
Special Warranty Deed $5,000 --
Warranty Deed $159,000 Transnation Title Insurance
Warranty Deed -- Trans
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $297,000 New Conventional
Previous Owner $228,000 Purchase Money Mortgage
Previous Owner $127,200 No Value Available
Closed $31,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2025 06/28/25 Price Changed $685,000 -2.1% $240 / Sq Ft
05/22/2025 05/22/25 For Sale $700,000 +74.3% $245 / Sq Ft
04/14/2017 04/14/17 Sold $401,500 +0.4% $140 / Sq Ft
02/11/2017 02/11/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $399,950 -- $140 / 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 $6,009 $703,100 $212,700 $490,400
2024 $6,009 $670,100 $168,400 $501,700
2023 $6,009 $591,100 $164,400 $426,700
2022 $5,911 $568,000 $180,600 $387,400
2021 $5,898 $453,000 $126,700 $326,300
2019 $4,727 $456,200 $109,100 $347,100
2018 $4,822 $383,600 $88,500 $295,100
2017 $3,845 $344,200 $73,800 $270,400
2016 $3,318 $280,900 $53,700 $227,200
2014 $3,086 $234,600 $46,000 $188,600
2013 $3,086 $209,800 $43,700 $166,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1075216

Northwest Multiple Listing Service (NWMLS)

APN: 052028-3127