Listed by Keller Williams Realty, Bought with HomeSmart Real Estate Assoc
NOT LISTED FOR SALE

7224 Locust Ave E Bonney Lake, WA 98391

Estimated Value: $497,000 - $571,000

3 Beds
2 Baths
1,180 Sq Ft
$453/Sq Ft Est. Value

Last Sold October 26, 2018

Last sale price $349,000 $296 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,209/month

2 Days on Market

Highlights

  • Spa
  • Deck
  • Wood Flooring
  • Bonney Lake Elementary School Rated A-
  • Territorial View
  • Attached Garage

About This Home

As of October 2018

Stunning remodeled rambler on private, spacious & fully landscaped .4-acre lot. The natural light makes this 3-bed, 2-bath bright & airy! Features hardwood, custom cabinetry/built-ins/trim, CA Closets, modern light fixtures & hardware throughout. Bright white chefs kitchen w/stainless appliances, granite counters & farmhouse sink. Luxe master bath w/marble counter & heated floor. Fully-fenced backyard w/fire pit. Entertainment size deck w/built-in cedar soaking tub. Exceptionally cared for home.

Last Agent to Sell the Property

Glen Schofield

Keller Williams Realty License #48509 Listed on: 09/18/2018

Keller Williams Realty

Last Buyer's Agent

Rhonda Bleck

HomeSmart Real Estate Assoc License #100123

HomeSmart Real Estate Assoc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1362849

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,584

Year Built

  • Built in 1989

Lot Details

  • Dog Run
  • Property is Fully Fenced
  • Property is zoned Bonney Lake R-1

Parking

  • Attached Garage

Home Design

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

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Outdoor Features

  • Spa
  • Deck
  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • Territorial Views
  • Wood Flooring

Community Details

  • Bonney Lake Community

Listing and Financial Details

  • Assessor Parcel Number 2560000590

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,584

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, French Doors, Skylights
  • Floor Covering: Hardwood
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1180
  • Square Footage Finished: 1180

Exterior Features

  • Exterior: Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: City of Bonney Lake
  • Water Company: City of Bonney Lake
  • Water Heater: Garage-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Bonney Lake
  • Project: Bonney Lake Heights

Schools

  • Elementary School: Crestwood Elem
  • Middle School: Lakeridge Middle
  • High School: Bonney Lake High
  • School District: SUM

Lot Info

  • Lot Number: 29
  • Lot Details: Paved Street
  • Lot Sq Ft: 17400
  • Parcel Number: 2560000590
  • Zoning Code: Bonney Lake R-1
  • Zoning Jurisdiction: City

Tax Info

  • Tax Amount: 3406

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2018
Closed on
Oct 25, 2018
Sold by
Bafford Megan and Bafford Kyle
Bought by
Bafford Kyle
Seller's Agent
Glen Schofield
Keller Williams Realty
Buyer's Agent
Rhonda Bleck
HomeSmart Real Estate Assoc
List Price
$325,000
Sold Price
$349,000
Premium/Discount to List
$24,000
7.38%
Current Estimated Value
$534,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,744
Avg. Annual Appreciation
6.29%
Original Mortgage
$323,000
Outstanding Balance
$282,275
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$252,469

Purchase Details

Listed on
Sep 18, 2018
Closed on
Oct 23, 2018
Sold by
Tozer Kenneth M and Markus Tozer Michelle J
Bought by
Bafford Kyle
Seller's Agent
Glen Schofield
Keller Williams Realty
Buyer's Agent
Rhonda Bleck
HomeSmart Real Estate Assoc
List Price
$325,000
Sold Price
$349,000
Premium/Discount to List
$24,000
7.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Outstanding Balance
$282,275
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$252,469

Purchase Details

Closed on
Jul 6, 2016
Sold by
Tozer Kenneth M
Bought by
Tozer Kenneth M and Markus Tozer Michelle J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2005
Sold by
Longley Larry L and Longley Cori
Bought by
Tozer Kenneth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2001
Sold by
Longley Andrea C
Bought by
Longley Larry L

Purchase Details

Closed on
Nov 6, 1996
Sold by
Hogan Richard G and Hogan Gloriana M
Bought by
Longley Larry L and Longley Andrea C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,364
Interest Rate
8.14%
Mortgage Type
VA
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Bafford Kyle -- First American Title
Bafford Kyle $348,719 First American Title
Tozer Kenneth M -- Rainier Title Llc
Tozer Kenneth M $210,000 Multiple
Longley Larry L -- --
Longley Larry L $118,800 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bafford Kyle $323,000
Previous Owner Tozer Kenneth M $182,000
Previous Owner Tozer Kenneth M $168,000
Previous Owner Longley Larry L $122,364
Closed Tozer Kenneth M $42,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2018 10/26/18 Sold $349,000 +7.4% $296 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
09/18/2018 09/18/18 For Sale $325,000 -- $275 / 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 $4,584 $500,500 $246,900 $253,600
2024 $4,584 $486,500 $200,800 $285,700
2023 $4,584 $450,600 $195,900 $254,700
2022 $4,635 $476,000 $215,200 $260,800
2021 $4,475 $343,500 $151,000 $192,500
2019 $3,309 $294,800 $130,100 $164,700
2018 $3,406 $268,300 $108,900 $159,400
2017 $2,813 $242,900 $90,700 $152,200
2016 $2,396 $189,100 $66,100 $123,000
2014 $2,259 $169,400 $56,600 $112,800
2013 $2,259 $154,200 $53,700 $100,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1362849

Northwest Multiple Listing Service (NWMLS)

APN: 256000-0590