Listed by Home Team Northwest Inc, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

8022 197th Ave E Bonney Lake, WA 98391

Estimated Value: $800,102 - $918,000

4 Beds
3.5 Baths
2,784 Sq Ft
$311/Sq Ft Est. Value

Last Sold April 14, 2021

Last sale price $770,000 $277 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,207/month

26 Days on Market

Highlights

  • Under Construction
  • Deck
  • Wood Flooring
  • Bonney Lake Elementary School Rated A-
  • Contemporary Architecture
  • 1 Fireplace

About This Home

As of April 2021

This is a JK Monarch model home which includes some amazing upgraded features! From the covered outdoor living space (complete with gas fp) to the exquisite hard surfaces in the owners suite bath- a rare opportunity! Beautifully designed 2-story with nearly 2800 sf of living comfort. Entering the open grand foyer with high ceilings you come upon a junior master/guest suite on the main level. Further down you enter a true great room with a dining area and huge open kitchen. Extensive hardwood and upgraded millwork through-out. Light and bright! On the upper level you will find a huge master bedroom with 5-piece bath, plus 2 additional bedrooms and bonus room! Full size 3-Car garage.

Last Agent to Sell the Property

Doug Davey

Home Team Northwest Inc License #12448 Listed on: 02/17/2021

Co-Listed By

Denise Taylor

Bricksfolios RE Solutions License #46958

Last Buyer's Agent

Tori Johnson

John L. Scott, Inc. License #9228

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1731142

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,979

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 5,500 Sq Ft Lot
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,784 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Storm Windows

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Deck

Schools

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

Utilities

  • Water Heater
  • Cable TV Available

Community Details

  • Built by JK Monarch, LLC
  • Bonney Lake Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 7002700070

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,979

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$80 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2019
  • Buyer Agency Compensation: 2.5%
  • Inclusions: Dishwasher,Microwave,RangeOven
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Building Name: Church Lake Estates
  • Unit Levels: Two
  • New Construction: Yes
  • CalculatedSquareFootage: 2784
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • EstimatedCompletionDate: 2019-01-26
  • NewConstruction: Completed
  • Special Features: 4098

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher_, Microwave_, RangeOven_
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, High Efficiency - 90%+, Ceramic Tile, Hardwood, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Walk-In Closet(s), Fireplace, Water Heater
  • Living Area: 2784
  • Main Level Bedrooms: 1
  • Bathrooms: 3.25
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 2784
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Microwave,Range/Oven

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Dead End Street, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Builder Name: JK Monarch, LLC
  • Exterior Features: Cement/Concrete, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Under Construction
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: AttachedGarage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric, Natural Gas Connected, Common Area Maintenance
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Bonney Lake
  • WaterCompany: Bonney Lake
  • WaterHeaterType: Tankless

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 80
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Parcel Number: 7002700070
  • Topography: Level
  • Lot Size Acres: 0.1263
  • Lot Size Sq Ft: 5500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Irrigation,Sprinkler System
  • MLSLotSizeSource: County
  • MLSSquareFootageSource: Builder/Architect
  • ZoningJurisdiction: City
  • LotNumber: 23

Green Features

  • Efficiency: High Efficiency - 90%+
  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2019

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Bonney Lake Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2023
Sold by
Straavaldson Robert J and Straavaldson Laurie A
Bought by
Straavaldson Revocable Living Trust
Current Estimated Value
$866,776

Purchase Details

Listed on
Feb 17, 2021
Closed on
Apr 5, 2021
Sold by
Jk Monarch Llc
Bought by
Straavaldson Robert J and Straavaldson Laurie A
Seller's Agent
Doug Davey
Home Team Northwest Inc
Buyer's Agent
Tori Johnson
John L. Scott, Inc.
List Price
$789,950
Sold Price
$770,000
Premium/Discount to List
-$19,950
-2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.64%
Original Mortgage
$731,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2018
Sold by
Church Lake Development Llc
Bought by
Jk Monarch Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,079,000
Interest Rate
4.9%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Straavaldson Revocable Living Trust -- --
Straavaldson Robert J $789,950 Ticor Title
Jk Monarch Llc -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Straavaldson Robert J $731,500
Previous Owner Jk Monarch Llc $2,079,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2021 04/14/21 Sold $770,000 -2.5% $277 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $789,950 0.0% $284 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $789,950 -- $284 / 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 $6,979 $736,000 $197,900 $538,100
2024 $6,979 $721,800 $150,000 $571,800
2023 $6,979 $686,700 $146,400 $540,300
2022 $7,139 $741,900 $160,800 $581,100
2021 $6,856 $526,700 $112,800 $413,900
2019 $138 $503,800 $97,200 $406,600
2018 $0 $10,500 $10,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1731142

Northwest Multiple Listing Service (NWMLS)

APN: 700270-0230