Listed by Park 52, Inc., Bought with COMPASS
NOT LISTED FOR SALE

7202 194th Ave E Unit 8 Bonney Lake, WA 98391

12 Beds
6 Baths
7,158 Sq Ft
0.84 Acres

Last Sold December 31, 2013

Last sale price $660,000 $92 Per Sq Ft

37 Days on Market

Highlights

  • 0.84 Acre Lot
  • Deck
  • Property is in very good condition
  • Bonney Lake Elementary School Rated A-
  • Thermal Windows
  • 5-minute walk to Allan Yorke City Park

About This Home

As of December 2013

PRIME Location near Lake Tapps, parks and boat launch. Seller completed extensive exterior upgrade this summer. All 2 bedroom units with covered parking.

Last Agent to Sell the Property

Paul Jakeman

Park 52, Inc. License #13032 Listed on: 10/04/2013

Co-Listed By

Carrie Jakeman

Park 52, Inc. License #24297

Last Buyer's Agent

Mike Larson

COMPASS License #12791

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 552125

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,650

Year Built

  • Built in 1990

Lot Details

  • 0.84 Acre Lot
  • Property is in very good condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 7,158 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Wall to Wall Carpet

Parking

  • 16 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Community Details

  • Sp 84 10 15 0219 Condos
  • Bonney Lake Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 0520288001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,650

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1990
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: sp 84-10-15-0219
  • New Construction: No
  • CalculatedSquareFootage: 7158
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Multi Family
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Spaces: 8
  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 16
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • SewerCompany: Bonney Lake
  • WaterSewerGarbage: 10000

Schools

  • Junior High Dist: Sumner

Lot Info

  • Parcel Number: 0520288001
  • Lot Size Acres: 0.8399
  • Lot Size Sq Ft: 36586
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • LotNumber: 1

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 5795

Multi Family

  • Gross Scheduled Income: 76320
  • Net Operating Income: 41580
  • Number Of Units Total: 8
  • Electric Expense: 1000
  • Insurance Expense: 3800
  • Leasable Area: 7158
  • UnitsInBuildingTotal: 8
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2012
  • Tax Annual Amount: 9650

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

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2013 12/31/13 Sold $660,000 -5.6% $92 / Sq Ft
11/11/2013 11/11/13 Pending -- -- --
10/04/2013 10/04/13 For Sale $699,000 -- $98 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Paul Jakeman

    Seller's Agent in 2013

    Paul Jakeman

    Park 52, Inc.

    (253) 473-5225

    11 Total Sales

    Paul Jakeman
    Section Image
  • Carrie Jakeman

    Seller Co-Listing Agent in 2013

    Carrie Jakeman

    Park 52, Inc.

    (253) 224-5877

    56 Total Sales

    Carrie Jakeman
    Section Image
  • Mike Larson

    Buyer's Agent in 2013

    Mike Larson

    COMPASS

    (253) 209-1572

    78 Total Sales

    Mike Larson
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 552125

Northwest Multiple Listing Service (NWMLS)
Washington Pierce County Bonney Lake 98391

7202 194th Ave E Unit 8, Bonney Lake, WA

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Based on information submitted to the MLS GRID

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