NOT LISTED FOR SALE

7514 188th Ave E Bonney Lake, WA 98391

Estimated Value: $556,271 - $611,000

3 Beds
1 Bath
1,519 Sq Ft
$378/Sq Ft Est. Value

Last Sold July 11, 2016

Last sale price $260,000 $171 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $3,390/month

8 Days on Market

Highlights

  • RV Access or Parking
  • Mountain View
  • Wooded Lot
  • Bonney Lake Elementary School Rated A-
  • Deck
  • 2 Fireplaces

About This Home

As of July 2016

Owner has done a recent major do over. Upper yard beautifully landscaped, lower yard left natural. Located close to shopping large shopping center, recreational areas, swimming boating and fishing, as well as other water sports. All this along with all the amenities of a small city. Property offers a peek boo view of Mt Rainier.

Last Agent to Sell the Property

Bill Hicks

Evergreen Real Estate Services Listed on: 05/26/2016

Last Buyer's Agent

Nancy Lee

Keller Williams Realty License #103211

Keller Williams Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM950452

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,588

Year Built

  • Built in 1980

Lot Details

  • Brush Vegetation
  • Level Lot
  • Wooded Lot
  • Garden

Property Views

  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Bonney Lake Community

Listing and Financial Details

  • Assessor Parcel Number 2560000870

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,588

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 14 - Split Entry
  • Building Information: Built On Lot
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, High Tech Cabling, Vaulted Ceilings
  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Range/Oven
  • Bedrooms: 3.00
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Lower: 1
  • Basement: Daylight
  • Dining Room: Upper
  • Family Room: Lower
  • Kitchen: Upper
  • Living Room: Upper
  • Estimated Sq Ft: 1519
  • Square Footage Finished: 1519

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Available
  • Sewer Company: Bonney Lake Utilities
  • Water Company: Bonney Lake Utilities
  • Water Heater: Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Bonney Lake

Schools

  • School District: SUM

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 19000
  • Lot Topography Vegetation: Brush, Garden Space, Level, Partial Slope, Wooded
  • Parcel Number: 2560000870
  • Zoning Jurisdiction: City
  • Lot Topography: Brush, Garden Space, Level, Partial Slope, Wooded

Tax Info

  • Tax Amount: 2808

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2016
Closed on
Jun 28, 2016
Sold by
Smiley Mark A
Bought by
Rodriguez Victor and Young Brittney
Seller's Agent
Bill Hicks
Evergreen Real Estate Services
Buyer's Agent
Nancy Lee
Keller Williams Realty
List Price
$250,000
Sold Price
$260,000
Premium/Discount to List
$10,000
4%
Current Estimated Value
$573,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,568
Avg. Annual Appreciation
8.89%
Original Mortgage
$255,290
Outstanding Balance
$205,146
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$368,422

Purchase Details

Closed on
Sep 4, 2009
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Smiley Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,285
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2009
Sold by
Chase Home Finance Llc
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
May 22, 2009
Sold by
Ohara Patrick
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Apr 10, 2009
Sold by
Ohara Patrick
Bought by
Thill Matthew and 7514 188Th Ave E Revocable Trust

Purchase Details

Closed on
Jan 24, 2008
Sold by
Ohara Timothy H and Ohara Patricia G
Bought by
Ohara Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,125
Interest Rate
6.09%
Mortgage Type
FHA
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
Rodriguez Victor $259,719 Attorneys Title Of Wa Inc
Smiley Mark A -- Fatco
The Secretary Of Housing & Urban Develop -- Fatco
Chase Home Finance Llc $301,370 Fatco
Thill Matthew -- None Available
Ohara Patrick $303,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Victor $255,290
Previous Owner Smiley Mark A $214,285
Previous Owner Ohara Patrick $279,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2016 07/11/16 Sold $260,000 +4.0% $171 / Sq Ft
06/05/2016 06/05/16 Pending -- -- --
05/27/2016 05/27/16 For Sale $250,000 -- $165 / 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 $4,588 $502,700 $251,900 $250,800
2024 $4,588 $486,600 $205,600 $281,000
2023 $4,588 $451,000 $200,700 $250,300
2022 $4,638 $476,400 $220,400 $256,000
2021 $4,474 $343,400 $154,600 $188,800
2019 $3,595 $320,700 $133,200 $187,500
2018 $3,684 $291,500 $112,000 $179,500
2017 $3,072 $262,800 $93,300 $169,500
2016 $2,621 $206,400 $67,900 $138,500
2014 $2,455 $185,300 $58,200 $127,100
2013 $2,455 $168,500 $55,300 $113,200
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Bill Hicks

    Evergreen Real Estate Services

  • Nancy Lee

    Buyer's Agent in 2016

    Nancy Lee

    Keller Williams Realty

    (253) 222-9978

    12 in this area

    268 Total Sales

    Nancy Lee
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM950452

Northwest Multiple Listing Service (NWMLS)

APN: 256000-0870

Washington Pierce County Bonney Lake 98391

7514 188th Ave E, Bonney Lake, WA

This home is located at 7514 188th Ave E, Bonney Lake, WA 98391 since 26 May 2016 and is currently estimated at $573,568, approximately $377 per square foot. This property was built in 1980. 7514 188th 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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