Listed by KB Home Sales, Bought with Redfin
NOT LISTED FOR SALE

5425 Rainier Dr E Bonney Lake, WA 98391

Estimated Value: $580,407 - $627,000

3 Beds
2 Baths
1,457 Sq Ft
$411/Sq Ft Est. Value

Sale Details

Date Sold: March 14, 2023

Last sale price $585,000 $402 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,581 / mo

40 Days on Market

Highlights

  • Waterfront Community
  • Community Boat Launch
  • Clubhouse
  • Emerald Hills Elementary School Rated A-
  • RV Access or Parking
  • Property is near public transit and bus stop

About This Home

As of March 2023

Welcome to Inlet Island living in Lk Tapps. Spacious 3bed/2bath rambler w open floor plan, newly remodeled chef's kitchen, eat up bar & quartz counters. Light filled living room w/vaulted ceilings & wood fireplace. Large fenced backyard, custom patio space for summer BBQ's, kids play area & storage shed w/electricity. Home is an entertainer's dream both inside & out. Wired for hot tub & generator plus RV parking/room for lake toys. Attached 2 car garage w/work bench & garage fridge. Plenty of attic storage above garage. Spend summers in this prime location close to exclusive community park w/beach access, clubhouse, playground, sports courts & private boat launch. Sellers are related to agent. *Arbor in front yard excluded from sale.

Last Agent to Sell the Property

Bobbie Jo Norton

KB Home Sales License #22019705 Listed on: 01/12/2023

Co-Listed By

Tina Mckay

John L. Scott, Inc License #112780

Last Buyer's Agent

Scott Petrich

Redfin License #122645

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2026613

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,033

Year Built

  • Built in 1990

Lot Details

  • 9,585 Sq Ft Lot
  • Northeast Facing Home
  • Partially Fenced Property
  • Level Lot
  • Garden
  • Property is in good condition
  • Zoning described as BLK

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Home Design

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

Interior Spaces

  • 1,457 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Laminate Flooring
  • Storm Windows

Kitchen

  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Outbuilding

Location

  • Property is near public transit and bus stop

Schools

  • Lakeridge Middle School
  • Bonney Lake High School

Utilities

  • Generator Hookup
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 39 / 4
  • Assessor Parcel Number 472000-226-0

Community Details

Overview

  • Inlet Island Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Boat Launch
  • Waterfront Community
  • Sport Court
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,033

Year Built

Built in 1990

Lot Details

9,585 Sq Ft Lot

HOA Fees

$18 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1990
  • Inclusions: Dishwasher,DoubleOven,GarbageDisposal,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Inlet Island
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1457
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Double Oven, Disposal, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Forced Air, Laminate Hardwood, Bath Off Primary, Double Pane/Storm Window, Skylight(s), Vaulted Ceiling(s), Wired for Generator
  • Living Area: 1457
  • Main Level Bedrooms: 3
  • BathsFullMain: 2
  • SquareFootageFinished: 1457
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Double Oven,Garbage Disposal,Microwave,Refrigerator,Stove/Range

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Direction Faces: Northeast
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: PSE
  • WaterCompany: City of Bonney Lake
  • WaterHeaterLocation: Utility Room
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Community Features: Athletic Court, Boat Launch, Club House, Community Waterfront/Pvt Beach, Park, Playground
  • Senior Community: No
  • Association Fee: 210
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel Number: 472000-226-0
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.22
  • Lot Size: 46*131*59*36*138
  • Lot Size Sq Ft: 9585
  • Zoning Description: BLK
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,High Speed Internet,Outbuildings,Patio,RV Parking
  • MLSLotSizeSource: Realist
  • LotNumber: 39

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5033

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2023
Closed on
Mar 7, 2023
Sold by
Thomas Trevor and Thomas Danielle Nichole
Bought by
Singh Suramrit and Marcellus-Singh Jaclyn
Seller's Agent
Bobbie Jo Norton
KB Home Sales
Buyer's Agent
Scott Petrich
Redfin
List Price
$615,000
Sold Price
$585,000
Premium/Discount to List
-$30,000
-4.88%
Views
71
Current Estimated Value
$598,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,352
Avg. Annual Appreciation
0.73%
Original Mortgage
$574,404
Outstanding Balance
$556,371
Interest Rate
6.13%
Mortgage Type
FHA
Estimated Equity
$41,981

Purchase Details

Listed on
Jun 24, 2019
Closed on
Aug 23, 2019
Sold by
Schaewe Timothy and Schaewe Jennifer
Bought by
Thomas Trevor and Thomas Danielle Nichole
Seller's Agent
Dennis Folk
Terrafin
Buyer's Agent
Gerald Howard
John L. Scott, Inc
List Price
$379,000
Sold Price
$370,000
Premium/Discount to List
-$9,000
-2.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.82%
Original Mortgage
$358,900
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 12, 2012
Closed on
Dec 6, 2012
Sold by
Gill William
Bought by
Schaewe Timothy and Godina Jennifer
Seller's Agent
Jon Bye
John L. Scott, Inc
Buyer's Agent
Dennis Folk
Terrafin
List Price
$226,500
Sold Price
$226,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
Original Mortgage
$231,122
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2005
Sold by
Harvell J J
Bought by
Gill William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2004
Sold by
Harvell Juliana M
Bought by
Harvell J Johnson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,500
Interest Rate
5.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2001
Sold by
Gregor Donald A
Bought by
Harvell J J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,874
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 19, 1995
Sold by
Herrig Toby D and Mcelhiney Toby D
Bought by
Gregor Donald A and Gregor Suzette E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,207
Interest Rate
7.59%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List 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
Singh Suramrit -- Commonwealth Title
Thomas Trevor $370,000 Ticor Title
Schaewe Timothy $226,500 Old Republic Title Ltd
Gill William $225,000 Chicago Title Insurance Co
Harvell J Johnson -- Transnation Title
Harvell J J $166,500 Chicago Title Insurance Co
Gregor Donald A $119,550 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Suramrit $574,404
Previous Owner Thomas Trevor $358,900
Previous Owner Schaewe Timothy $231,122
Previous Owner Gill William $180,000
Previous Owner Harvell J Johnson $165,500
Previous Owner Harvell J J $163,874
Previous Owner Gregor Donald A $116,207
Closed Gill William $22,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2023 03/14/23 Sold $585,000 0.0% $402 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/17/2023 02/17/23 Price Changed $585,000 -2.4% $402 / Sq Ft
01/27/2023 01/27/23 Price Changed $599,500 -2.5% $411 / Sq Ft
01/12/2023 01/12/23 For Sale $615,000 +66.2% $422 / Sq Ft
08/29/2019 08/29/19 Sold $370,000 0.0% $254 / Sq Ft View Prior Sale
07/26/2019 07/26/19 Pending -- -- --
07/22/2019 07/22/19 Price Changed $370,000 -2.4% $254 / Sq Ft
06/27/2019 06/27/19 For Sale $379,000 0.0% $260 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
06/24/2019 06/24/19 For Sale $379,000 +67.3% $260 / Sq Ft
12/07/2012 12/07/12 Sold $226,500 0.0% $155 / Sq Ft View Prior Sale
10/23/2012 10/23/12 Pending -- -- --
09/12/2012 09/12/12 For Sale $226,500 -- $155 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $4,688 $554,800 $242,100 $312,700
2024 $4,688 $529,900 $228,200 $301,700
2023 $4,688 $460,900 $214,700 $246,200
2022 $5,033 $492,600 $225,200 $267,400
2021 $4,645 $356,600 $154,600 $202,000
2019 $3,623 $346,800 $142,600 $204,200
2018 $3,909 $293,800 $106,700 $187,100
2017 $3,393 $278,900 $93,600 $185,300
2016 $2,878 $211,600 $70,500 $141,100
2014 $2,576 $203,500 $65,900 $137,600
2013 $2,576 $190,700 $64,600 $126,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2026613

Northwest Multiple Listing Service (NWMLS)

APN: 472000-2260

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