Listed by John L. Scott R.E. Lake Tapps
NOT LISTED FOR SALE

4205 218th Ave E Bonney Lake, WA 98391

Estimated Value: $1,574,000

47.11 Acres
$33,411 Price per Acre
2,052,107 Sq Ft Lot

Last Sold December 06, 2024

Last sale price $2,650,000

Est. 41% decrease in value since last sale

Current estimated payment $8,329/month

21 Days on Market

Highlights

  • 47.11 Acre Lot
  • Mountain View
  • No HOA
  • Dieringer Heights Elementary School Rated A-
  • Corner Lot
  • Level Lot

About This Lot

As of December 2024

Situated across the street from Lake Tapps you will find three (3) large parcels of land with Territorial, Mt. Rainier, and Cascade Mountain Views. Parcel A (14.14 Acres) is the most northerly parcel. Parcel B (11.1 Acres) has a three (3 ) three-bedroom home, barn, and outbuildings. Parcel C (21.87 Acres) is vacant and can be subdivided into two (2) 10+ Acre Tracts. The Seller recently completed the redevelopment entitlement work for each parcel of land to determine the 'Highest & Best use' of each site. Zoning allows for the far westerly acreage of each parcel to be improved with custom homes, barns, stables, etc. Continued use of the acreage as a working farm since the 1940s allows for easterly acreage to remain working pastures.

Last Agent to Sell the Property

Scott Horan

John L. Scott R.E. Lake Tapps License #25029 Listed on: 10/18/2024

John L. Scott R.E. Lake Tapps

Co-Listed By

Lauri McLeod

John L. Scott R.E. Lake Tapps License #26040

John L. Scott R.E. Lake Tapps

Last Buyer's Agent

Lauri McLeod

John L. Scott R.E. Lake Tapps License #26040

John L. Scott R.E. Lake Tapps

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2293199

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,490

Lot Details

  • 47.11 Acre Lot
  • Corner Lot
  • Level Lot
  • Zoning described as 8300-CU FARM & AGRI RCW 84.34

Property Views

  • Mountain
  • Territorial

Schools

  • Lake Tapps Elementary School
  • North Tapps Mid Middle School

Utilities

  • Well
  • Septic Design Installed
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Bla Recording #202401195002 Condos
  • Lake Tapps Subdivision

Listing and Financial Details

  • Legal Lot and Block A, B, C / Pierce County
  • Assessor Parcel Number 052014-3025

Property Details

Property Type

Land

Est. Annual Taxes

$6,490

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: BLA Recording #202401195002
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Evergreens,Garden/Fruit Trees,Lightly Treed,Partially Cleared,Pasture Land
  • Restrictions: See Remarks
  • SOCComments: Paid from Seller's Proceeds at Closing
  • Improvements: Barn,Cable TV Available,Dwelling,Fenced-Partially,Outbuilding(s)
  • Survey: Recently Surveyed for BLA
  • LevelComment: West is Rolling & Easterly Pasture Level
  • Special Features: None

Interior Features

  • Possible Use: Agricultural, Farm & Ranch, Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • View: Mountain(s), See Remarks, Territorial
  • Lot Features: Corner Lot, Paved
  • Road Surface Type: Paved, See Remarks
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Access Easement,County Right of Way,Paved,Privately Maintained,See Remarks
  • RoadOnWhichSide: West/North
  • WaterJurisdiction: City of Bonney Lake
  • Easements: Those of Record. See Supplements.

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Not Available
  • Water Source: Available, In Street, Private Well, See Remarks
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: Yes
  • Utilities: Electricity Connected, Septic Design Installed
  • ElectricityStatus: On Property
  • GasStatus: Not Available
  • SepticDesignApplied: false
  • SepticDesignInstalled: true
  • SepticSystemType: Gravity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Dieringer
  • High School: Buyer To Verify
  • Middle Or Junior School: North Tapps Mid

Lot Info

  • Parcel Number: 052014-3025
  • Topography: Level,Rolling,See Remarks
  • Lot Size Acres: 47.1099
  • Lot Size: See Survey Maps in Supplements
  • Lot Size Sq Ft: 2052111
  • Zoning Description: 8300-CU FARM & AGRI RCW 84.34
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Survey & Assessor
  • ZoningJurisdiction: County
  • ZoningClass: Agricultural,Farm & Ranch,Residential
  • LotNumber: A, B, C
  • SoilFeasibilityTest: true
  • SoilTestDate: 8/8/2023
  • IrrigationType: None
  • SlopeComment: Slopes gently from West to the East

Tax Info

  • Year: 2024
  • Tax Annual Amount: 6490
  • AdditionalTaxIds: 052014-3027,052014-3029

MLS Schools

  • Elementary School: Lake Tapps Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2024
Closed on
Dec 5, 2024
Sold by
Marshall Clyde O and Marshall Betty A
Bought by
Smg Gst Trust and Gordon
Seller's Agent
Scott Horan
John L. Scott R.E. Lake Tapps
Buyer's Agent
Lauri McLeod
John L. Scott R.E. Lake Tapps
List Price
$2,735,000
Sold Price
$2,650,000
Premium/Discount to List
-$85,000
-3.11%
Views
14
Current Estimated Value
$1,574,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,076,000
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smg Gst Trust $2,170,231 First American Title Insurance
Smg Gst Trust $2,170,231 First American Title Insurance
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2024 12/06/24 Sold $2,650,000 -3.1% --
11/08/2024 11/08/24 Pending -- -- --
10/18/2024 10/18/24 For Sale $2,735,000 -- --
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
2025 $989 $759,800 $751,800 $8,000
2024 $989 $707,800 $697,900 $9,900
2023 $989 $732,800 $723,900 $8,900
2022 $1,106 $531,000 $522,300 $8,700
2021 $1,051 $384,700 $377,500 $7,200
2019 $784 $325,500 $317,800 $7,700
2018 $628 $288,400 $280,700 $7,700
2017 $562 $254,300 $247,100 $7,200
2016 $504 $24,967 $18,367 $6,600
2014 $474 $186,100 $179,700 $6,400
2013 $474 $169,300 $163,600 $5,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2293199

Northwest Multiple Listing Service (NWMLS)

APN: 052014-3000