Listed by John L. Scott, Inc, Bought with COMPASS
NOT LISTED FOR SALE

Estimated Value: $550,000 - $632,000

3 Beds
2 Baths
1,932 Sq Ft
$307/Sq Ft Est. Value

Last Sold December 08, 2021

Last sale price $551,000 $285 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,611/month

Highlights

  • Deck
  • Traditional Architecture
  • Cul-De-Sac
  • Territorial View
  • 1 Fireplace
  • 4-minute walk to Timber Ridge Community Park

About This Home

As of December 2021

Room For Everyone In This Absolutely Beautiful 3 Bedroom, 2.5 Bath Home In The Lovely Community of Timber Ridge. Home Has All New Paint Inside & Out, All New Flooring, All New Kitchen Cabinets, New Quartz Counter Tops & New Stainless Appliances. Large Formal Living Room, Nice Size Dining Room, Huge Kitchen W/Eating Bar That Opens To Family Room. Upstairs You'll Find a Nice Bonus Room, Extra Large Primary W/Beautiful Primary Bath & Walk In Closet. Home Has Gorgeous Tiled Baths & New Vanities, Gas Fireplace To Keep You Cozy Warm This Winter, Huge Deck For Entertaining & BBQ's. Two Car Garage & Plenty of Parking. Fully Fenced Back Yard, Close To Schools, Shopping, Restaurants & Approx. 10 Min To Lake Tapps. Comes W/Free Home Warranty!

Last Agent to Sell the Property

Lori Lewandowski

John L. Scott, Inc License #100009 Listed on: 10/28/2021

John L. Scott, Inc

Co-Listed By

Shane Lewandowski

John L. Scott, Inc License #112708

Last Buyer's Agent

Sheri Li

COMPASS License #124008

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1858713

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,435

Year Built

  • Built in 1993

Lot Details

  • Cul-De-Sac
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Level Lot
  • Garden

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1 Fireplace
  • Territorial Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • Attached Garage
  • Off-Street Parking

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Mtn View Middle School

Utilities

  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 7000230950

Community Details

Overview

  • Timber Ridge Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,435

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Traditional
  • Effective Year Built: 1993
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1993

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Refrigerator, K
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Bathrooms: 2.00
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 2
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1932
  • Square Footage Finished: 1932
  • Total Square Footage: 1932

Exterior Features

  • Exterior: Brick, Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached, Off Street
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Tacoma
  • Water Heater: Garage-Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 33
  • Community Name: Timber Ridge
  • Project: Timber Ridge
  • Community Features: CCRs, Park, Playground

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Mtn View Middle
  • High School: Bonney Lake High
  • School District: SUM
  • Junior High: Mtn View Middle

Lot Info

  • Lot Details: Cul-De-Sac, Curbs, Dead End Street, Paved Street
  • Lot Sq Ft: 12764
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 7000230950
  • Lot Topography: Garden Space, Level

Tax Info

  • Year: 2021
  • Tax Amount: 4983

MLS Schools

  • Elementary School: Buyer To Verify
  • Senior High: Bonney Lake High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
Dec 7, 2021
Sold by
Angelic Homes Llc
Bought by
Correll Walter Lyle and Correll Jingrong Li
Seller's Agent
Lori Lewandowski
John L. Scott, Inc
Buyer's Agent
Sheri Li
COMPASS
List Price
$529,950
Sold Price
$551,000
Premium/Discount to List
$21,050
3.97%
Current Estimated Value
$592,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,837
Avg. Annual Appreciation
2.34%
Original Mortgage
$563,673
Outstanding Balance
$520,755
Interest Rate
3.14%
Mortgage Type
VA
Estimated Equity
$80,647

Purchase Details

Listed on
Jul 12, 2021
Closed on
Aug 14, 2021
Sold by
Freeman Steven W and Freeman Angela M
Bought by
Angelic Homes Llc
Seller's Agent
Jodie Weir
eXp Realty
Buyer's Agent
Lori Lewandowski
John L. Scott, Inc
List Price
$350,000
Sold Price
$420,000
Premium/Discount to List
$70,000
20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
140.07%
Original Mortgage
$386,660
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 5, 2010
Sold by
The Bank Of New York Mellon
Bought by
Freeman Steven W and Freeman Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2010
Sold by
Schuler Martin E and Schuler Pam L
Bought by
The Bank Of New York Mellon and The Bank Of New York

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2007
Sold by
Schuler Pamela L
Bought by
Schuler Martin E

Purchase Details

Closed on
May 13, 1999
Sold by
Sharrard Tor F
Bought by
Schuler Martin E and Schuler Pamela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
6.86%
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
Correll Walter Lyle $431,738 First American Title Ins Co
Angelic Homes Llc $420,000 Stewart Title
Freeman Steven W $207,000 Fatco
The Bank Of New York Mellon $293,818 Fatco
Schuler Martin E -- None Available
Schuler Martin E $182,000 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Correll Walter Lyle $563,673
Previous Owner Angelic Homes Llc $386,660
Previous Owner Freeman Steven W $210,000
Previous Owner Schuler Martin E $50,375
Previous Owner Schuler Martin E $28,500
Previous Owner Schuler Martin E $256,500
Previous Owner Schuler Martin E $145,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2021 12/08/21 Sold $551,000 +4.0% $285 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $529,950 +26.2% $274 / Sq Ft
08/16/2021 08/16/21 Sold $420,000 +20.0% $225 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $350,000 -- $187 / 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 $5,435 $558,800 $249,500 $309,300
2024 $5,435 $535,100 $245,000 $290,100
2023 $5,435 $505,100 $236,100 $269,000
2022 $5,212 $519,400 $251,700 $267,700
2021 $4,983 $360,200 $154,900 $205,300
2019 $4,213 $337,000 $135,300 $201,700
2018 $4,250 $320,300 $128,300 $192,000
2017 $3,719 $284,700 $103,300 $181,400
2016 $3,253 $227,600 $75,500 $152,100
2014 $2,996 $213,600 $71,600 $142,000
2013 $2,996 $191,400 $59,900 $131,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1858713

Northwest Multiple Listing Service (NWMLS)

APN: 700023-0950