NOT LISTED FOR SALE

7220 Locust Ave E Bonney Lake, WA 98391

Estimated Value: $505,000 - $555,000

3 Beds
1 Bath
1,278 Sq Ft
$417/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $405,000 $317 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,175/month

Highlights

  • RV Access or Parking
  • Deck
  • Attached Garage
  • Bonney Lake Elementary School Rated A-
  • Territorial View
  • Garden

About This Home

As of November 2020

Welcome Home to this Beautiful 3 Bedroom, 2 Bath Rambler on just under 1/2 an Acre! Home Features Master Bedroom w/private Bathroom, Laminate Flooring throughout, Updated Kitchen w/Granite Counters, Spacious Living Room and Dining Rooms that Lead out to Your Large Deck that Over Looks Your Gigantic, Brand New Fully Fenced Back yard and Attached Two Car Garage! Enjoy the Air Conditioning while Entertaining as there is Plenty of Parking!

Last Agent to Sell the Property

Kristi Kaylor

eXp Realty License #23005685 Listed on: 09/30/2020

eXp Realty

Last Buyer's Agent

Alec Klasna Woodward

COMPASS License #25027519

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1670075

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,521

Year Built

  • Built in 1988

Lot Details

  • Property is Fully Fenced
  • Level Lot
  • Garden

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • Territorial Views
  • 1 Bathroom

Community Details

  • Bonney Lake Community

Listing and Financial Details

  • Assessor Parcel Number 256000-057-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,521

Year Built

Built in 1988

Lot Details

0

Listing Details

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

Interior Features

  • Features: Dbl Pane/Storm Windw, Dining Room, French Doors
  • Floor Covering: Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Range/Oven, Refrigerator
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1278
  • Square Footage Finished: 1278

Exterior Features

  • Exterior: Cement Planked
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Bonney Lake
  • Water Company: City of Bonney Lake
  • Water Heater: Laundry Room-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Bonney Lake

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: SUM

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 17900
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 256000-057-0
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 4242

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2020
Closed on
Nov 18, 2020
Sold by
Bendon Patrick
Bought by
Driggers Donavon and Anderson Jamie
Seller's Agent
Kristi Kaylor
eXp Realty
Buyer's Agent
Alec Klasna Woodward
COMPASS
List Price
$379,950
Sold Price
$405,000
Premium/Discount to List
$25,050
6.59%
Current Estimated Value
$533,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,363
Avg. Annual Appreciation
5.74%
Original Mortgage
$397,664
Outstanding Balance
$353,864
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$179,499

Purchase Details

Closed on
Jul 26, 2017
Sold by
Greer Merkel Karen D
Bought by
Bendon Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,700
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2015
Sold by
Merkel Myron
Bought by
Greer Merkel Karen D

Purchase Details

Closed on
Feb 18, 1998
Sold by
Eggleston Jerry R
Bought by
Merkel Myron D and Greer Merkel Karen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,280
Interest Rate
6.9%

Purchase Details

Closed on
Jan 26, 1996
Sold by
Garrelts Dean E
Bought by
Eggleston Jerry R and Eggleston Marylin B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,700
Interest Rate
7.14%
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
Driggers Donavon $405,000 Fidelity National Title
Bendon Patrick $285,719 Rainier Title
Greer Merkel Karen D -- None Available
Merkel Myron D $144,261 --
Eggleston Jerry R $127,973 Rainier Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Driggers Donavon $397,664
Previous Owner Bendon Patrick $271,700
Previous Owner Merkel Myron D $120,280
Previous Owner Eggleston Jerry R $106,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2020 11/20/20 Sold $405,000 +6.6% $317 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $379,950 -- $297 / 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 $4,521 $498,100 $248,500 $249,600
2024 $4,521 $479,800 $202,300 $277,500
2023 $4,521 $444,400 $197,500 $246,900
2022 $4,570 $469,500 $216,900 $252,600
2021 $4,439 $340,700 $152,100 $188,600
2019 $3,558 $315,600 $131,100 $184,500
2018 $3,649 $288,500 $109,900 $178,600
2017 $3,040 $260,300 $91,600 $168,700
2016 -- $204,500 $66,700 $137,800
2014 $2,408 $183,500 $57,100 $126,400
2013 $2,408 $165,600 $54,200 $111,400
Source: Public Records

Agents Affiliated with this Home

  • Kristi Kaylor

    Seller's Agent in 2020

    Kristi Kaylor

    eXp Realty

    (206) 371-2930

    1 in this area

    105 Total Sales

    Kristi Kaylor
    Section Image
  • Alec Klasna Woodward

    Buyer's Agent in 2020

    Alec Klasna Woodward

    COMPASS

    (206) 947-4665

    5 in this area

    158 Total Sales

    Alec Klasna Woodward
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1670075

Northwest Multiple Listing Service (NWMLS)

APN: 256000-0570

Washington Pierce County Bonney Lake 98391

7220 Locust Ave E, Bonney Lake, WA

This home is located at 7220 Locust Ave E, Bonney Lake, WA 98391 since 30 September 2020 and is currently estimated at $533,363, approximately $417 per square foot. This property was built in 1988. 7220 Locust Ave E is a home located in Pierce County with nearby schools including Bonney Lake Elementary School, Lakeridge Middle School, and Bonney Lake High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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