NOT LISTED FOR SALE

7225 Locust Ave E Bonney Lake, WA 98391

Estimated Value: $563,000 - $604,000

3 Beds
3 Baths
1,879 Sq Ft
$310/Sq Ft Est. Value

Last Sold May 09, 2017

Last sale price $300,000 $160 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,518/month

4 Days on Market

Highlights

  • Spa
  • RV Access or Parking
  • Deck
  • Bonney Lake Elementary School Rated A-
  • Fruit Trees
  • Northwest Architecture

About This Home

As of May 2017

Fantastic 3 bedroom, 2.5 bath, approx. 1879 sq. ft. home on a large lot in Bonney Lake! Plenty of room for your RV alongside the home & even an additional covered RV area. Relax on the large covered porch. Southern facing wood deck located off the dining room. Large garden window in kitchen, cabinets w/custom finish. Large deck w/Trex type decking & hot tub off the kitchen. All appliances stay including W/D. New hot water tank. Shed w/power, sprinklers, no HOA. Don't miss this home!

Last Agent to Sell the Property

Sandi Wien

Gillis Real Estate LLC License #84177 Listed on: 04/06/2017

Last Buyer's Agent

Chris Gurnee

eXp Realty License #26577

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1099631

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,234

Year Built

  • Built in 1994

Lot Details

  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Garden

Home Design

  • Northwest Architecture
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Spa
  • Deck
  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Bonney Lake Community

Listing and Financial Details

  • Assessor Parcel Number 0520287016

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,234

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, High Tech Cabling, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1879
  • Square Footage Finished: 1879

Exterior Features

  • Exterior: Cement/Concrete
  • 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: PSE
  • 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

Schools

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

Lot Info

  • Lot Number: 2
  • Lot Details: Paved Street
  • Lot Dimensions: 100' X 145'
  • Lot Sq Ft: 14375
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level, Terraces
  • Parcel Number: 0520287016
  • Zoning Jurisdiction: City
  • Lot Topography: Fruit Trees, Garden Space, Level, Terraces

Tax Info

  • Tax Amount: 3653

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2017
Closed on
May 4, 2017
Sold by
Mccarley Shannon N
Bought by
Ketzenberg Tim W
Seller's Agent
Sandi Wien
Gillis Real Estate LLC
Buyer's Agent
Chris Gurnee
eXp Realty
List Price
$289,950
Sold Price
$300,000
Premium/Discount to List
$10,050
3.47%
Current Estimated Value
$583,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,097
Avg. Annual Appreciation
8.16%
Original Mortgage
$240,000
Outstanding Balance
$200,297
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$382,800

Purchase Details

Closed on
Apr 23, 2012
Sold by
Strong Joseph L and Strong Bonnie J
Bought by
Mccarley Gregory D and Mccarley Shannon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,574
Interest Rate
3.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 2, 1994
Sold by
Hunt Clinton B
Bought by
Strong Joseph L and Strong Bonnie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
8.57%

Purchase Details

Closed on
Jan 22, 1994
Sold by
Dahl Louie W and Dahl Shirley A
Bought by
Hunt Patrice M and Hunt Clinton B
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
Ketzenberg Tim W $299,719 Old Republic Title Ltd
Mccarley Gregory D $240,000 Old Republic Title Ltd
Strong Joseph L -- Puget Sound Title Company
Hunt Patrice M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ketzenberg Tim W $240,000
Previous Owner Mccarley Gregory D $243,574
Previous Owner Strong Joseph L $129,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2017 05/09/17 Sold $300,000 +3.5% $160 / Sq Ft
04/11/2017 04/11/17 Pending -- -- --
04/06/2017 04/06/17 For Sale $289,950 -- $154 / 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 $5,234 $568,900 $236,200 $332,700
2024 $5,234 $558,500 $190,600 $367,900
2023 $5,234 $514,700 $186,000 $328,700
2022 $5,245 $540,700 $204,300 $336,400
2021 $5,092 $391,000 $143,300 $247,700
2019 $4,229 $369,400 $123,500 $245,900
2018 $4,382 $343,100 $102,400 $240,700
2017 $3,653 $312,700 $85,300 $227,400
2016 $3,164 $247,800 $62,100 $185,700
2014 $2,840 $223,700 $53,200 $170,500
2013 $2,840 $200,700 $50,500 $150,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1099631

Northwest Multiple Listing Service (NWMLS)

APN: 052028-7016