Listed by Toril Sells Houses Team, Bought with Jina J Real Estate
NOT LISTED FOR SALE

7316 194th Ave E Bonney Lake, WA 98391

Estimated Value: $634,524 - $738,000

6 Beds
3 Baths
2,158 Sq Ft
$327/Sq Ft Est. Value

Last Sold December 10, 2020

Last sale price $575,000 $266 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,124/month

2 Days on Market

Highlights

  • RV Access or Parking
  • Secluded Lot
  • Wall to Wall Carpet
  • Bonney Lake Elementary School Rated A-
  • Wood Siding
  • 5-minute walk to Allan Yorke City Park

About This Home

As of December 2020

HUGE opportunity-quality built duplex across the street from Allen Yorke Park in quiet dead end location.Large lot 1/2 acre includes tons of parking room enough for boat/RV etc. 3 bd, 1.5 ba with private garage for each unit.Perfect opportunity for owner occupant!!Trees surround the unit, creating a private feel from the bedroom and living space windows. Downstairs is open concept with a deck of dining area. Washer/dryer hookups downstairs close to 1/2 bath.Storage space under w 5' clearance!

Last Agent to Sell the Property

Toril Schoepfer

Toril Sells Houses Team License #23304 Listed on: 11/04/2020

Co-Listed By

Lisa Hudson

Toril Sells Houses Team License #26171

Last Buyer's Agent

Jina Yotty

Jina J Real Estate License #24000099

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1685728

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,081

Year Built

  • Built in 1996

Lot Details

  • 0.51 Acre Lot
  • Secluded Lot

Home Design

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

Interior Spaces

  • 2,158 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Utilities

  • Natural Gas Connected

Community Details

  • Bonney Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0520288008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,081

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1996
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2158
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Secluded
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Bonney Lake
  • WaterCompany: City of Bonney Lake

Schools

  • Junior High Dist: Sumner-Bonney Lake
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 0520288008
  • Lot Size Acres: 0.51
  • Lot Size Sq Ft: 22216
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: RV Parking
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3300

Tax Info

  • Year: 2020
  • Tax Annual Amount: 5081

Multi Family

  • Number Of Units Total: 2
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2020
Closed on
Dec 7, 2020
Sold by
Suggs Lori L and Anderson Lori L
Bought by
194Th Bonney Lake Llc
Seller's Agent
Toril Schoepfer
Toril Sells Houses Team
Buyer's Agent
Jina Yotty
Jina J Real Estate
List Price
$550,000
Sold Price
$575,000
Premium/Discount to List
$25,000
4.55%
Current Estimated Value
$705,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,881
Avg. Annual Appreciation
4.29%

Purchase Details

Closed on
Jun 26, 1996
Sold by
Mccammant Homes Inc
Bought by
Anderson Lori L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.09%

Purchase Details

Closed on
Feb 27, 1996
Sold by
B I G Enterprises Inc
Bought by
Mccammant Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
7.04%
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
194Th Bonney Lake Llc $575,000 Ticor Title
Anderson Lori L $157,000 Transnation Title Insurance
Mccammant Homes Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson Lori L $140,000
Previous Owner Mccammant Homes Inc $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2020 12/10/20 Sold $575,000 +4.5% $266 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
11/04/2020 11/04/20 For Sale $550,000 -- $255 / 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 $5,063 $608,800 $224,700 $384,100
2024 $5,063 $560,000 $182,400 $377,600
2023 $5,063 $497,800 $178,000 $319,800
2022 $5,029 $485,800 $195,500 $290,300
2021 $4,970 $381,600 $137,200 $244,400
2019 $4,023 $378,200 $118,200 $260,000
2018 $4,070 $326,300 $100,100 $226,200
2017 $3,239 $290,400 $83,400 $207,000
2016 $2,778 $234,700 $60,700 $174,000
2014 $2,748 $196,400 $52,100 $144,300
2013 $2,748 $176,500 $49,400 $127,100
Source: Public Records

Agents Affiliated with this Home

  • Toril Schoepfer

    Seller's Agent in 2020

    Toril Schoepfer

    Toril Sells Houses Team

    (253) 350-2638

    33 in this area

    338 Total Sales

    Toril Schoepfer
    Section Image
  • Lisa Hudson

    Seller Co-Listing Agent in 2020

    Lisa Hudson

    Toril Sells Houses Team

    15 in this area

    146 Total Sales

    Lisa Hudson
    Section Image
  • Jina Yotty

    Buyer's Agent in 2020

    Jina Yotty

    Jina J Real Estate

    (206) 779-1766

    1 in this area

    42 Total Sales

    Jina Yotty
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1685728

Northwest Multiple Listing Service (NWMLS)

APN: 052028-8008

Washington Pierce County Bonney Lake 98391

7316 194th Ave E, Bonney Lake, WA

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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