Listed by COMPASS, Bought with RE/MAX Eastside Brokers, Inc.
NOT LISTED FOR SALE

7718 188th Ave E Bonney Lake, WA 98391

Estimated Value: $610,000 - $663,000

5 Beds
2.5 Baths
2,028 Sq Ft
$318/Sq Ft Est. Value

Last Sold January 05, 2023

Last sale price $607,000 $299 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,856/month

1 Day on Market

Highlights

  • RV Access or Parking
  • Deck
  • Secluded Lot
  • Bonney Lake Elementary School Rated A-
  • Property is near public transit
  • Territorial View

About This Home

As of January 2023

Please don't street appraise-SO MUCH ROOM! Tastefully updated & well maintained 5-bedroom home on shy 1/2 acre, abundant parking w/covered RV space, generator hook-ups, & your own oasis in the backyard w/lights, bridges, koi pond, trees, beautifully landscaped with a large entertainment deck. Open concept home w/hardwoods throughout the main level, stone gas fireplace & an upgraded kitchen with granite, backsplash and cabinetry. Three bedrooms on the main level and full bath. Roomy primary bedroom upstairs with large walk-in closet and 5-pc bath plus an additional bedroom upstairs, a loft space and a half bath. Allen Yorke Park is just a mile away with a public beach. Virtual 3D walkthrough linked. Nice-sized shop in the garage area too!

Last Agent to Sell the Property

Laurie Blinsmon

COMPASS License #122581 Listed on: 12/01/2022

COMPASS

Last Buyer's Agent

Maray Borrego

RE/MAX Eastside Brokers, Inc. License #137643

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2020121

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,408

Year Built

  • Built in 1962

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 41x89x189x92x172
  • Partially Fenced Property
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Garden
  • Property is in very good condition
  • Zoning described as A17

Parking

  • 3 Car Attached Garage
  • Off-Street Parking
  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Composition Roof
  • Bitumen Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,028 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Loft
  • Territorial Views
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Gazebo
  • Outbuilding

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

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

Utilities

  • Generator Hookup
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bonney Lake Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 4
  • Assessor Parcel Number 2560000780

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,408

Year Built

Built in 1962

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 11 - 1 1/2 Story
  • Year Built: 1962
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • New Construction: No
  • CalculatedSquareFootage: 2028
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Dryer, Disposal, Stove/Range, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Hardwood, Wall to Wall Carpet, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Jetted Tub, Loft, Sprinkler System, Walk-In Pantry, Wired for Generator, Water Heater
  • Living Area: 2028
  • Main Level Bedrooms: 3
  • Bathrooms: 2.5
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 2028
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 1
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Stove/Range,Washer

Exterior Features

  • Roof: Composition, Torch Down
  • View: Territorial
  • Lot Features: Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Attached Garage, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electricity Available, Natural Gas Connected
  • HeatingCoolingType: Forced Air
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Bonney Lake Utilities
  • WaterCompany: Bonney Lake Utilities
  • WaterHeaterLocation: garage
  • WaterHeaterType: gas
  • CableConnected: Xfinity/Comcast
  • InternetConnected: Xfinity/Comcast

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: 2560000780
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.4537
  • Lot Size: 41x89x189x92x172
  • Lot Size Sq Ft: 19765
  • Zoning Description: A17
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cabana/Gazebo,Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Outbuildings,RV Parking,Shop,Sprinkler System
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City
  • LotNumber: 2

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5408

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Bonney Lake Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2022
Closed on
Nov 17, 2022
Sold by
Mccann Vallery
Bought by
Cabrera Carlos Garcia
Seller's Agent
Laurie Blinsmon
COMPASS
Buyer's Agent
Maray Borrego
RE/MAX Eastside Brokers, Inc.
List Price
$607,000
Sold Price
$607,000
Views
35
Current Estimated Value
$644,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,389
Avg. Annual Appreciation
2.16%
Original Mortgage
$484,800
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2018
Closed on
Nov 20, 2018
Sold by
Peart Danny D and Peart Nancy
Bought by
Mccann Vallery Kathleen
Seller's Agent
Thomas Phillips
Dream Home Real Estate, Inc
Buyer's Agent
Laurie Blinsmon
COMPASS
List Price
$419,950
Sold Price
$417,950
Premium/Discount to List
-$2,000
-0.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.50%
Original Mortgage
$396,634
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 1994
Sold by
Peart Carol E and Pierce Carol E
Bought by
Peart Danny D and Peart Carol E
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
Cabrera Carlos Garcia -- Stewart Title
Mccann Vallery Kathleen $417,669 Fidelity National Title
Peart Danny D -- Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cabrera Carlos Garcia $484,800
Previous Owner Mccann Vallery Kathleen $396,634
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/05/2023 01/05/23 Sold $607,000 0.0% $299 / Sq Ft
12/02/2022 12/02/22 Pending -- -- --
12/01/2022 12/01/22 For Sale $607,000 +45.2% $299 / Sq Ft
11/27/2018 11/27/18 Sold $417,950 -0.5% $180 / Sq Ft View Prior Sale
10/22/2018 10/22/18 Pending -- -- --
10/12/2018 10/12/18 For Sale $419,950 -- $181 / 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 $5,386 $589,200 $254,300 $334,900
2024 $5,386 $575,600 $207,900 $367,700
2023 $5,386 $529,700 $202,900 $326,800
2022 $5,408 $557,100 $222,800 $334,300
2021 $5,255 $403,500 $156,300 $247,200
2019 $3,865 $343,900 $134,700 $209,200
2018 $4,004 $313,500 $113,400 $200,100
2017 $3,319 $285,700 $94,500 $191,200
2016 $2,863 $223,300 $68,800 $154,500
2014 $2,630 $202,400 $59,000 $143,400
2013 $2,630 $182,300 $56,000 $126,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2020121

Northwest Multiple Listing Service (NWMLS)

APN: 256000-0780