Listed by Timber Real Estate, Bought with eXp Realty
NOT LISTED FOR SALE

7518 185th Ave E Bonney Lake, WA 98391

Estimated Value: $826,112 - $882,000

4 Beds
2.5 Baths
2,687 Sq Ft
$314/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $825,000 $307 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,062/month

2 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • No HOA
  • Bonney Lake Elementary School Rated A-
  • Engineered Wood Flooring
  • Electric Vehicle Charging Station

About This Home

As of February 2024

Welcome to the Epitome of Luxury Living w/This Exquisite Gallery Home in the Heart of Bonney Lake! This 4 Bedroom Home has Over 2,687 Sq Ft of Pure Elegance & is a Haven of Comfort, Style & the “Wow’ Factor! Open Concept Living w/The Perfect Blend of High-End Finishes & Functionality Ensuring Relaxation at Every Corner! Speaking of Relaxation – This Backyard Paradise is What Dreams are Made of! Expansive Deck w/Covered Gazebo, Privacy Trees & Professionally Hardscaped w/Artificial Turf in Front & Back! On Top of All That – Seconds Away from Lake Bonney w/Year-round Fishing! Did We Mention No HOA, RV Parking & Covered Carport! Your Dream Home is a Showing Away! Way too Many Features to List! Schedule Your Tour Today!

Last Agent to Sell the Property

Brian Alarcon

Timber Real Estate License #108589 Listed on: 01/18/2024

Last Buyer's Agent

Hunter Mudrovich

eXp Realty License #21032099

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2192376

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,187

Year Built

  • Built in 2007

Lot Details

  • 10,740 Sq Ft Lot
  • West Facing Home
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System
  • Garden

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking
  • RV Access or Parking

Home Design

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

Interior Spaces

  • 2,687 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Storm Windows

Kitchen

  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Bonney Lake Elementary School
  • Lakeridge Middle School
  • Bonney Lake High School

Utilities

  • High Efficiency Heating System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bonney Lake Subdivision
  • Electric Vehicle Charging Station

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,187

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2007
  • Buyer Agency Compensation: 2.25
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,TrashCompactor,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2687
  • SeniorExemption: false
  • SOCComments: Thank You For Your Partnership!
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2192376?w=Consumer&agent=90065
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Trash Compactor, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Engineered Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, French Doors, Sprinkler System, Walk-In Closet(s), Fireplace, Water Heater
  • Living Area: 2687
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 2687
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Trash Compactor,Washer
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Cement/Concrete, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Driveway, Attached Garage, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: 90%+ High Efficiency
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energu
  • SewerCompany: City of Bonney Lake
  • WaterCompany: City of Bonney Lake
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Sumner-Bonney Lake
  • High School: Bonney Lake High
  • Middle Or Junior School: Lakeridge Middle

Lot Info

  • Parcel Number: 052028-7-027
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.2466
  • Lot Size Sq Ft: 10740
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Electric Car Charging,Fenced-Fully,Gas Available,High Speed Internet,RV Parking,Sprinkler System
  • MLSLotSizeSource: Public Record
  • MLSSquareFootageSource: Public Record

Green Features

  • Power Production Type: Natural Gas

Tax Info

  • Year: 2023
  • Tax Annual Amount: 7187

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Bonney Lake Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Feb 5, 2024
Sold by
Benham Janelle M and Benham James L
Bought by
Riley Calvin and Riley Lauren
Seller's Agent
Brian Alarcon
Timber Real Estate
Buyer's Agent
Hunter Mudrovich
eXp Realty
List Price
$799,950
Sold Price
$825,000
Premium/Discount to List
$25,050
3.13%
Views
17
Current Estimated Value
$845,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,028
Avg. Annual Appreciation
1.46%
Original Mortgage
$734,250
Outstanding Balance
$721,274
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$123,754

Purchase Details

Closed on
Mar 5, 2021
Sold by
Karsten Leroy H and Karsten Barbara Lavonne
Bought by
Benham Janelle M and Benham James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,345
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2015
Sold by
Karsten Leroy H and Karsten Barbara Lavonne
Bought by
Benham Janelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 25, 2006
Sold by
Osley Gregory L and Osley Cynthia L
Bought by
Karsten Leroy H and Karsten Barbara Lavonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,600
Interest Rate
6.51%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 7, 2001
Sold by
Dakota Neva
Bought by
Osley Gregory L and Osley Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.67%

Purchase Details

Closed on
Jun 19, 1996
Sold by
Calderwood Sara J
Bought by
Dakota Neva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,250
Interest Rate
8.25%
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
Riley Calvin $825,000 Wfg National Title Company Of
Benham Janelle M -- Ticor Title
Benham Janelle M $375,000 Accommodation
Karsten Leroy H $90,000 Fidelity National Title Insu
Osley Gregory L $152,000 --
Dakota Neva $119,248 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riley Calvin $734,250
Previous Owner Benham Janelle M $325,345
Previous Owner Benham Janelle M $350,000
Previous Owner Karsten Leroy H $301,600
Previous Owner Osley Gregory L $114,000
Previous Owner Dakota Neva $92,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2024 02/09/24 Sold $825,000 +3.1% $307 / Sq Ft
01/20/2024 01/20/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $799,950 -- $298 / 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 $7,144 $818,200 $205,300 $612,900
2024 $7,144 $771,700 $158,400 $613,300
2023 $7,144 $702,900 $154,600 $548,300
2022 $7,059 $731,600 $169,800 $561,800
2021 $6,865 $527,400 $119,100 $408,300
2019 $5,918 $507,800 $102,600 $405,200
2018 $6,225 $480,400 $83,900 $396,500
2017 $5,286 $444,500 $69,900 $374,600
2016 -- $356,700 $50,900 $305,800
2014 $4,170 $324,200 $43,600 $280,600
2013 $4,170 $291,100 $41,400 $249,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2192376

Northwest Multiple Listing Service (NWMLS)

APN: 052028-7027