NOT LISTED FOR SALE

7218 194th Ave E Bonney Lake, WA 98391

Estimated Value: $500,000 - $526,000

3 Beds
2 Baths
1,420 Sq Ft
$362/Sq Ft Est. Value

Last Sold March 06, 2019

Last sale price $291,000 $205 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,023/month

5 Days on Market

Highlights

  • 1 Fireplace
  • Attached Garage
  • 5-minute walk to Allan Yorke City Park
  • Bonney Lake Elementary School Rated A-

About This Home

As of March 2019

The best deal in the neighborhood! This well situated rambler just a short distance from the lake and Allen Yorke park is offered at just $265,000! The home is being sold as is with no work to be done at sellers cost. Must see 12,350Sqft lot with plenty of parking for all your toys or room to build a shop. This diamond in the rough is sure to go fast so come check it out!

Last Agent to Sell the Property

Derek Stenson Sarrett

Skyline Properties, Inc. License #128566 Listed on: 02/08/2019

Skyline Properties, Inc.

Last Buyer's Agent

Sara Poulsen

Ensemble License #118175

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1409829

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,913

Year Built

  • Built in 1988

Lot Details

  • 0.28

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1 Fireplace

Community Details

  • Bonney Lake Community

Listing and Financial Details

  • Assessor Parcel Number 6720520051

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,913

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Estimated Sq Ft: 1420

Exterior Features

  • Exterior: Wood Products
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air, Insert
  • Sewer: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Bonney Lake

Schools

  • School District: SUM

Lot Info

  • Lot Sq Ft: 12350
  • Parcel Number: 6720520051

Tax Info

  • Tax Amount: 3793

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2019
Closed on
Mar 1, 2019
Sold by
Priest Sherry and Priest Kenneth
Bought by
Kessack Nickolaus and Kessack Meredeth I
Seller's Agent
Derek Stenson Sarrett
Skyline Properties, Inc.
Buyer's Agent
Sara Poulsen
Ensemble
List Price
$265,000
Sold Price
$291,000
Premium/Discount to List
$26,000
9.81%
Current Estimated Value
$514,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,246
Avg. Annual Appreciation
8.94%
Original Mortgage
$282,270
Outstanding Balance
$248,163
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$266,083

Purchase Details

Closed on
May 10, 1995
Sold by
Munger Norman W and Munger Diane C
Bought by
Priest Kenneth F and Priest Sherry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,349
Interest Rate
8.47%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kessack Nickolaus $291,000 Chicago Title
Priest Kenneth F $139,549 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kessack Nickolaus $282,270
Previous Owner Priest Kenneth F $122,349
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2019 03/06/19 Sold $291,000 +9.8% $205 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
02/08/2019 02/08/19 For Sale $265,000 -- $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 $3,913 $493,400 $237,200 $256,200
2024 $3,913 $413,200 $182,800 $230,400
2023 $3,913 $384,500 $178,400 $206,100
2022 $3,968 $407,100 $196,000 $211,100
2021 $3,837 $294,400 $137,500 $156,900
2019 $3,688 $316,800 $118,500 $198,300
2018 $3,793 $299,100 $107,200 $191,900
2017 $3,168 $270,600 $89,400 $181,200
2016 $2,711 $213,200 $65,100 $148,100
2014 $2,542 $191,700 $55,800 $135,900
2013 $2,542 $172,600 $52,900 $119,700
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Derek Stenson Sarrett

    Skyline Properties, Inc.

    (253) 797-1933

    1 in this area

    22 Total Sales

    Derek Stenson Sarrett
    Section Image
  • Sara Poulsen

    Buyer's Agent in 2019

    Sara Poulsen

    Ensemble

    (206) 432-6648

    83 Total Sales

    Sara Poulsen
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1409829

Northwest Multiple Listing Service (NWMLS)

APN: 672052-0051

Washington Pierce County Bonney Lake 98391

7218 194th Ave E, Bonney Lake, WA

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Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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