Listed by HomeSmart Real Estate Assoc, Bought with Bellwether Real Estate
NOT LISTED FOR SALE

18235 Bow Lake Ln Bow, WA 98232

Estimated Value: $1,153,000 - $1,705,468

7 Acres
$185,427 Price per Acre
317,988 Sq Ft Lot

Last Sold March 31, 2023

Last sale price $570,000

Est. 135% increase in value since last sale

Current estimated payment $7,783/month

21 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Gated Community
  • Trails
  • Community Boat Launch
  • Clubhouse
  • Level Lot

About This Lot

As of March 2023

RARE 7.30 acres & 300' waterfront on private ski lake in gated community! Ski, wakeboard, surf, swim, paddle, play year round! One boat lake with ski course & jump, Marina, covered slips, night session lights, community hot tub, ATV/Horses/Hiking trails, community 0 turn mower, tractor w/brush hog & more! Both cleared & wooded acreage w/creek & private pond. Building pad at lake & spacious area cleared in wooded area. 20 GPM well on aquifer with pump & temporary well house, approved 4 bd septic design w/cleared drain field area, power on property. County APPROVED permits for 2190 SF home + detached RV/Boat/Car garage w/upper 748 SF 1 bed ADU available. 2 parcels=6.09 ac + 1.21 ac. Gorgeous sunsets, deer visit pond morning & dusk. Must see!

Last Agent to Sell the Property

Cheryl Jones

HomeSmart Real Estate Assoc License #18448 Listed on: 01/25/2023

HomeSmart Real Estate Assoc

Last Buyer's Agent

Monte Young

Bellwether Real Estate License #2871

Bellwether Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2030565

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,997

Lot Details

  • 7.3 Acre Lot
  • Low Bank Waterfront Property
  • 300 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Level Lot

HOA Fees

  • $200 Monthly HOA Fees

Utilities

  • Well
  • Drilled Well
  • Septic Design Applied
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number P113077

Community Details

Overview

  • Association fees include common area maintenance, road maintenance, snow removal
  • Plat Of Bow Hill Lake Condos
  • Bow Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Boat Launch
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,997

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Plat of Bow Hill Lake
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Brush,Evergreens,Lightly Treed,Partially Cleared,Pasture Land,Pond,Riding Trails,Stream/Creek
  • Restrictions: CC&R,NO Manufactured Homes,See Remarks
  • AssessmentFees: Parks,Road,See Remarks
  • LevelComment: Mostly level - cleared area at lakefront
  • Special Features: VirtualTour
  • Cumulative Days on Market: 885

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Lot Features: Dead End Street
  • Road Surface Type: Gravel
  • View: No
  • Waterfront Features: Bank-Low, Lake, No Bank
  • Waterfront: Yes
  • Structure Type: Unspecified
  • RoadInformation: Access Easement,Gravel,Privately Maintained,Recorded Maint. Agrm
  • RoadOnWhichSide: Middle and East
  • WaterfrontFootage: 300 Appx

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Not Available
  • Water Source: Drilled Well, On Property, Private Well
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Utilities: Common Area Maintenance, Road Maintenance, See Remarks, Snow Removal, Electricity Connected, Septic Design Applied
  • ElectricityStatus: On Property
  • GasStatus: Not Available
  • SepticDesignApplied: true
  • SepticDesignInstalled: false

Condo/Co-op/Association

  • Community Features: Boat Launch, CCRs, Club House, Community Waterfront/Pvt Beach, Gated, Trail(s)
  • Senior Community: No
  • Association Fee: 600
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Road Maintenance, See Remarks, Snow Removal

Schools

  • Junior High Dist: Burlington

Lot Info

  • Parcel Number: P113077
  • Topography: Level,Rolling
  • Lot Size Acres: 7.3
  • Lot Size Sq Ft: 317988
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • PublicLandSurvey: 30/36/04

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2997
  • AdditionalTaxIds: P113071

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2023
Closed on
Mar 24, 2023
Sold by
Nelson Franklin D and Nelson Brittany R
Bought by
Odwyer Michael and Odwyer Sou Nay
Seller's Agent
Cheryl Jones
HomeSmart Real Estate Assoc
Buyer's Agent
Monte Young
Bellwether Real Estate
List Price
$599,000
Sold Price
$570,000
Premium/Discount to List
-$29,000
-4.84%
Views
29
Current Estimated Value
$1,339,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$769,459
Avg. Annual Appreciation
43.60%
Original Mortgage
$427,500
Interest Rate
6.32%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 27, 2020
Sold by
No Wake Lakes Inc
Bought by
Nelson Franklin D and Nelson Brittany R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
3.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 27, 2003
Sold by
Dann Wade R and Dann Leslie A
Bought by
No Wake Lakes Inc
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 Buyer Sale Price Title Company
Odwyer Michael -- Chicago Title
Nelson Franklin D $250,000 Chicago Title
No Wake Lakes Inc $1,705,000 Island Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Odwyer Michael $1,620,000
Closed Odwyer Michael $1,208,557
Closed Odwyer Michael $427,500
Previous Owner Nelson Franklin D $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $570,000 -4.8% --
02/15/2023 02/15/23 Pending -- -- --
01/25/2023 01/25/23 For Sale $599,000 -- --
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 $3,409 $1,489,000 $462,800 $1,026,200
2023 $3,409 $377,400 $377,400 $0
2022 $2,888 $347,900 $347,900 $0
2021 $2,675 $281,500 $274,100 $7,400
2020 $2,734 $238,900 $0 $0
2019 $2,349 $245,000 $0 $0
2018 $3,058 $221,700 $0 $0
2017 $2,801 $229,200 $0 $0
2016 $2,369 $214,100 $209,000 $5,100
2015 $2,544 $191,400 $182,400 $9,000
2013 $2,228 $174,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2030565

Northwest Multiple Listing Service (NWMLS)

APN: P113077