Listed by eXp Realty, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

18222 123rd St E Bonney Lake, WA 98391

Estimated Value: $650,046 - $687,000

3 Beds
2.5 Baths
2,526 Sq Ft
$265/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $630,000 $249 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,091/month

Highlights

  • Craftsman Architecture
  • Loft
  • Walk-In Pantry
  • Wood Flooring
  • 1 Fireplace
  • 2 Car Attached Garage

About This Home

As of July 2022

Impeccably updated home in the charming Falling Water community, where you can enjoy PNW living at its finest! Falling Water is known for its serene atmosphere and walkable trails, yet it's only minutes from 410 and shopping! This one-owner home includes oak and hickory hardwood floors, board and batten trim, crown moldings, custom walk-in master closet with furniture-grade built-ins, and well-tended landscaping. The kitchen features gas cooking, touch-control faucet, and custom pull-out shelving. Efficient layout w/ office (or 4th bedroom?), dining, and large living room downstairs, and large primary suite upstairs. Oversized garage for extra storage, gym, shop, etc. Includes central AC to make your summers as comfortable as possible!

Last Agent to Sell the Property

Zachary Arendsee

eXp Realty License #21025350 Listed on: 05/18/2022

eXp Realty

Last Buyer's Agent

Derek Stenson Sarrett

Skyline Properties, Inc. License #128566

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1928752

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,695

Year Built

  • Built in 2005

Lot Details

  • 5,000 Sq Ft Lot
  • Northwest Facing Home
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System
  • Garden
  • Property is in good condition
  • Zoning described as RSV5

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,526 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Dining Room
  • Loft
  • Storm Windows

Kitchen

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

Flooring

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio

Schools

  • Victor Falls Elementary School
  • Mtn View Middle School
  • Bonney Lake High School

Utilities

  • Central Air
  • Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 52
  • Assessor Parcel Number 7001780520

Community Details

Overview

  • Brenda Dickerson Association
  • Secondary HOA Phone (253) 220-3522
  • Built by Evergreen State Builders
  • Falling Water Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,695

Year Built

Built in 2005

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2005
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2526
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Central A/C, Ceramic Tile, Hardwood, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, Loft, Walk-In Pantry, Water Heater
  • Living Area: 2526
  • BathsFullMain: 0
  • SquareFootageFinished: 2526
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Builder Name: Evergreen State Builders
  • Direction Faces: Northwest
  • Exterior Features: Cement/Concrete, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • ConstructionMethods: Standard Frame

Garage/Parking

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

Utilities

  • Sewer: Septic Tank, Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Septic System, Sewer Connected, Natural Gas Connected, Common Area Maintenance
  • HeatingCoolingType: Central A/C,Forced Air
  • PowerCompany: PSE
  • SewerCompany: HOA - Community Septic
  • WaterCompany: Tacoma
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: CCRs, Playground, Trail(s)
  • Senior Community: No
  • Association Fee: 100
  • Association Fee Frequency: Monthly
  • Phone: 253-220-3522
  • Association: Yes
  • AssociationContactName: Brenda Dickerson

Schools

  • Junior High Dist: Sumner-Bonney Lake
  • High School: Bonney Lake High
  • Middle Or Junior School: Mtn View Middle

Lot Info

  • Parcel Number: 7001780520
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000
  • Zoning Description: RSV5
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gas Available,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: Tax Records
  • ZoningJurisdiction: County
  • LotNumber: 52

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5695

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Victor Falls Elem

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Jul 14, 2022
Sold by
Cannon Gail R and Cannon Michael
Bought by
Cannon Michael
Seller's Agent
Zachary Arendsee
eXp Realty
Buyer's Agent
Derek Stenson Sarrett
Skyline Properties, Inc.
List Price
$675,000
Sold Price
$630,000
Premium/Discount to List
-$45,000
-6.67%
Current Estimated Value
$668,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,762
Avg. Annual Appreciation
1.83%
Original Mortgage
$598,500
Outstanding Balance
$572,659
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$96,103

Purchase Details

Listed on
May 18, 2022
Closed on
Jun 28, 2022
Sold by
Sutter Timothy H and Sutter Patricia L
Bought by
Arredondo-Silva Mario
Seller's Agent
Zachary Arendsee
eXp Realty
Buyer's Agent
Derek Stenson Sarrett
Skyline Properties, Inc.
List Price
$675,000
Sold Price
$630,000
Premium/Discount to List
-$45,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,500
Outstanding Balance
$572,659
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$96,103

Purchase Details

Closed on
Mar 10, 2008
Sold by
Evergreen State Builders Llc
Bought by
Sutter Timothy H and Sutter Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,950
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2006
Sold by
Premier Communities Inc
Bought by
Evergreen State Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,716,200
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Cannon Michael -- Ticor Title
Arredondo-Silva Mario -- Ticor Title
Sutter Timothy H $359,950 Puget Sound Title Company
Evergreen State Builders Llc $4,392,000 The Talon Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cannon Michael $598,500
Closed Arredondo-Silva Mario $598,500
Previous Owner Sutter Timothy H $209,950
Previous Owner Evergreen State Builders Llc $11,716,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2022 07/15/22 Sold $630,000 -3.1% $249 / Sq Ft
06/10/2022 06/10/22 Pending -- -- --
05/23/2022 05/23/22 Price Changed $650,000 -3.7% $257 / Sq Ft
05/18/2022 05/18/22 For Sale $675,000 -- $267 / 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 $5,887 $635,300 $197,800 $437,500
2024 $5,887 $585,600 $194,300 $391,300
2023 $5,887 $550,000 $187,200 $362,800
2022 $5,695 $543,000 $199,600 $343,400
2021 $5,865 $427,300 $120,900 $306,400
2019 $5,018 $406,600 $105,600 $301,000
2018 $5,208 $383,600 $100,100 $283,500
2017 $4,360 $351,000 $80,600 $270,400
2016 $3,891 $274,200 $55,900 $218,300
2014 $3,626 $257,000 $53,000 $204,000
2013 $3,626 $233,200 $44,300 $188,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1928752

Northwest Multiple Listing Service (NWMLS)

APN: 700178-0520