NOT LISTED FOR SALE

8131 197th Ave E Bonney Lake, WA 98391

Estimated Value: $726,080 - $845,000

4 Beds
3.5 Baths
2,784 Sq Ft
$284/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $679,950 $244 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,840/month

25 Days on Market

Highlights

  • Under Construction
  • Contemporary Architecture
  • 1 Fireplace
  • Bonney Lake Elementary School Rated A-
  • Wood Flooring
  • 3 Car Attached Garage

About This Home

As of May 2022

Beautifully designed 2-story with nearly 2800 sf of exquisite living space. Enter the open grand foyer w/soaring ceilings leading to a spacious junior master/guest suite conveniently situated on main level. Further down you enter a true great room with dining & huge open kitchen. Extensive hardwood & upgraded millwork thru-out. Light and bright! The upper level boasts your sanctuary; an amazing owner suite with 5-piece bath & huge walk-in, plus 2 bdrms & bonus rm! 3-Car garage. JK Monarch Fine Homes builds "Your Home Your Way!" One of the few builders in the area that will accommodate your needs to make your home truly yours! Amazing neighborhood park/common area. Conveniently located! So much home, this one checks all the boxes!

Last Agent to Sell the Property

Doug Davey

Home Team Northwest Inc License #12448 Listed on: 02/12/2021

Last Buyer's Agent

Edward Chang

Whisper Real Estate License #96006

Whisper Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1730301

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,908

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 5,061 Sq Ft Lot
  • Street terminates at a dead end
  • Level Lot

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

Schools

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

Additional Features

  • Patio
  • Water Heater

Community Details

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

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,908

Year Built

Built in 2021 | 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: 2021
  • Buyer Agency Compensation: 2.5%
  • Inclusions: Dishwasher,Microwave,StoveRange
  • 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: 2021-08-31
  • NewConstruction: Presale
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/1730301?w=Consumer&agent=16880
  • Special Features: NewHome

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher_, Microwave_, StoveRange_
  • 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: High Efficiency - 90%+, Forced Air, 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,StoveRange

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: Attached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • 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: 0.1162
  • Lot Size Sq Ft: 5061
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Patio
  • MLSLotSizeSource: County
  • MLSSquareFootageSource: Builder/Architect
  • ZoningJurisdiction: City
  • LotNumber: 11

Green Features

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

Tax Info

  • Year: 2021

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
Feb 12, 2021
Closed on
May 10, 2022
Sold by
Jk Monarch Llc
Bought by
Pennington Yun S and Pennington Michael D
Seller's Agent
Doug Davey
Home Team Northwest Inc
Buyer's Agent
Edward Chang
Whisper Real Estate
List Price
$679,950
Sold Price
$679,950
Current Estimated Value
$789,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,320
Avg. Annual Appreciation
4.46%
Original Mortgage
$620,522
Outstanding Balance
$586,306
Interest Rate
4.67%
Mortgage Type
VA
Estimated Equity
$202,964

Purchase Details

Closed on
Jun 24, 2021
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
$1,463,000
Interest Rate
2.9%
Mortgage Type
Construction
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
Pennington Yun S -- Ticor Title
Jk Monarch Llc -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pennington Yun S $620,522
Previous Owner Jk Monarch Llc $1,463,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2022 05/13/22 Sold $679,950 0.0% $244 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $679,950 -- $244 / 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 $6,908 $732,100 $198,500 $533,600
2024 $6,908 $716,100 $150,500 $565,600
2023 $6,908 $679,700 $146,900 $532,800
2022 $1,306 $732,900 $161,300 $571,600
2021 $1,202 $91,700 $91,700 $0
2019 $138 $79,000 $79,000 $0
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: 1730301

Northwest Multiple Listing Service (NWMLS)

APN: 700270-0110