Listed by Engel & Voelkers Chambers Bay
$685,000
$15K PRICE DROP

Estimated payment $4,426/month

Total Views 4,824
6 Beds
2 Baths
2,860 Sq Ft
$240 Price per Sq Ft

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

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.

Listing Agent

Devin Scherck

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

Engel & Voelkers Chambers Bay

Co-Listing Agent

DeAnne Davidson

Engel & Voelkers Chambers Bay License #102880

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

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: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 2860
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: 2.5
  • Special Features: None
  • Cumulative Days on Market: 62

Interior Features

  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl Plank
  • Interior Amenities: Ceramic Tile
  • 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

Map

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

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

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)

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

Similar Home in the area

  • 5823 5825 186th Avenue Ct E, Lake Tapps, WA 98391

    $724,950

    • 4 Beds
    • 2,382 Sq Ft
    • 5823 5825 186th Avenue Ct E
    • Lake Tapps, WA

    Don’t miss this updated 4-bedroom, 3-bath duplex set on just over 1/2 acre! This home offers fresh interior paint and brand-new luxury vinyl plank flooring throughout, combining style with low-maintenance living. A cozy wood-burning fireplace insert adds warmth and charm, perfect for cool Northwest evenings. Enjoy peace of mind with a newer roof, energy-efficient vinyl windows, and brand-new

    Carl Shaw John L. Scott, Inc.

    Section Image

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2378901

Northwest Multiple Listing Service (NWMLS)

APN: 052028-3127