Listed by Engel & Voelkers Chambers Bay, Bought with Windermere RE/Lake Tapps, Inc
$675,000
SOLD AUG 14, 2025
-- Bed
-- Bath
2,860 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$236 Per Sq Ft

4% Below List Price

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • 2-minute walk to Ken Simmons Park
  • Bonney Lake Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of August 2025

Amazing investment opportunity or ideal for house-hackers! This spacious 2,860 sq. ft. duplex sits on a corner lot in the heart of Bonney Lake, right across from Bonney Lake and Park. Enjoy scenic views, outdoor fun and everyday convenience just steps away. Each unit includes 3 bedrooms, 1 bathroom, a full kitchen, living room, in-unit laundry, private entrance, and its own single-car garage. Originally a single-family home, now a duplex—potential to convert back. Rents are currently below market; comps suggest approx. $1,900/month per unit. Shared yard and plenty of on-site parking. Close to schools, shopping, dining, and commuter routes. Owner financing available. Don't disturb tenants. Showings by appt only. Buyer to verify all info.

Last Agent to Sell the Property

Devin Scherck

Engel & Voelkers Chambers Bay License #128285 Listed on: 05/22/2025

Engel & Voelkers Chambers Bay

Co-Listed By

DeAnne Davidson

Engel & Voelkers Chambers Bay License #102880

Last Buyer's Agent

Ashton Karp

Windermere RE/Lake Tapps, Inc License #21002225

Windermere RE/Lake Tapps, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2378901

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,578

Year Built

  • Built in 1962

Home Design

  • Duplex
  • Composition Roof
  • Wood Composite

Interior Spaces

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

Flooring

  • Ceramic Tile
  • Vinyl Plank

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Additional Features

  • 9,148 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Bonney Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0520283127

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,578

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
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2860
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: 2.5
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl Plank
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood Products
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Bonney Lake
  • WaterCompany: City of Bonney Lake
  • WaterSewerGarbage: 565

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Sumner-Bonney Lake

Lot Info

  • Parcel Number: 0520283127
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9148
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: realist
  • MLSSquareFootageSource: realist

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 3350

Multi Family

  • Gross Scheduled Income: 40200
  • Net Operating Income: 23800
  • Number Of Units Total: 2
  • Insurance Expense: 2048
  • Leasable Area: 2860
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2025
  • Tax Annual Amount: 7578

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
7.25%
Original Mortgage
$297,000
Outstanding Balance
$246,992
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$477,387

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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
08/14/2025 08/14/25 Sold $675,000 -1.5% $236 / Sq Ft
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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2378901

Northwest Multiple Listing Service (NWMLS)

APN: 052028-3127