Listed by Keller Williams Greater 360, Bought with John L. Scott R.E. Lake Tapps
NOT LISTED FOR SALE

8512 184th Ave E Bonney Lake, WA 98391

Estimated Value: $710,000

1.65 Acres
$429,782 Price per Acre
71,961 Sq Ft Lot

Last Sold July 25, 2024

Last sale price $700,000

Est. 1% increase in value since last sale

Current estimated payment $3,759/month

329 Days on Market

About This Lot

As of July 2024

Attention Developers The multifamily opportunity in the heart of Bonney Lake offers an excellent site for new development. With its ideal location and available utilities, this 1.65-acre site is perfect for developers who want to build in a thriving community. The site's proximity to major transportation routes, including Highways 410 and 167. This makes it an attractive location for developers who want to tap into a large market while situated in the growing Bonney Lake districts. The Downtown Mixed District zoning also allows for a variety of uses, giving developers flexiblity. Suitable for commercial, med offices, pro offices, vets, dentist, apartments and condos. Attractive investment in a dynamic growing community.

Last Agent to Sell the Property

Joey Soller

Keller Williams Greater 360 License #17757 Listed on: 05/19/2023

Keller Williams Greater 360

Last Buyer's Agent

Lauri McLeod

John L. Scott R.E. Lake Tapps License #26040

John L. Scott R.E. Lake Tapps

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2070980

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $414

Lot Details

  • 1.65 Acre Lot

Community Details

  • No Home Owners Association
  • Bonney Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5640000896

Property Details

Property Type

Land

Est. Annual Taxes

$414

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 43 - Comm/Industrial
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • Special Features: None

Interior Features

  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Road Surface Type: See Remarks
  • View: No
  • Waterfront: No
  • Structure Type: Industrial
  • RoadInformation: See Remarks

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Available
  • Water Source: Available
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Electricity Available, Natural Gas Available
  • ElectricityStatus: Available
  • GasStatus: Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Sumner-Bonney Lake

Lot Info

  • Parcel Number: 5640000896
  • Lot Size Acres: 1.652
  • Lot Size Sq Ft: 71961
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Jul 26, 2024
Sold by
Patriot Labs Holdings Llc
Bought by
Best West Builders Llc
Seller's Agent
Joey Soller
Keller Williams Greater 360
Buyer's Agent
Lauri McLeod
John L. Scott R.E. Lake Tapps
List Price
$1,500,000
Sold Price
$700,000
Premium/Discount to List
-$800,000
-53.33%
Views
204
Current Estimated Value
$710,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,000
Avg. Annual Appreciation
1.13%

Purchase Details

Closed on
Apr 9, 2018
Sold by
Brown George R and Brown Thianthong C
Bought by
Patriot Labs Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$571,500
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 29, 2013
Sold by
Infinity Investment Co Llc
Bought by
Brown George R and Brown Thianthong C

Purchase Details

Closed on
May 6, 2005
Sold by
Fairbanks Capital Corp
Bought by
Rs Sumner Llc

Purchase Details

Closed on
Jun 10, 2004
Sold by
Rowe Brown Tiffany
Bought by
Fairbanks Capital Corp and Tcif Reo 2 Llc

Purchase Details

Closed on
May 11, 2001
Sold by
Rowe Brown Tiffany Anne
Bought by
River Trust

Purchase Details

Closed on
May 19, 1999
Sold by
Brown Andrew
Bought by
Rowe Brown Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,280
Interest Rate
9.12%

Purchase Details

Closed on
Aug 19, 1996
Sold by
Columbia Construction Enterprises Inc
Bought by
Mcelderry Coy E and Mcelderry Tonia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,963
Interest Rate
8.42%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Best West Builders Llc $675,000 Chicago Title
Patriot Labs Holdings Llc $634,719 Chicago Title
Brown George R $200,000 Chicago Title Company
Rs Sumner Llc $40,000 First American Title Ins Co
Fairbanks Capital Corp $43,055 1St Am
River Trust -- --
Rowe Brown Tiffany -- Transnation Title Insurance
Rowe Brown Tiffany $126,600 Transnation Title Insurance
Mcelderry Coy E $130,824 Commonwealth Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patriot Labs Holdings Llc $571,500
Previous Owner Rowe Brown Tiffany $101,280
Previous Owner Mcelderry Coy E $111,963
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2024 07/25/24 Sold $700,000 0.0% --
04/12/2024 04/12/24 Pending -- -- --
01/17/2024 01/17/24 Price Changed $700,000 -17.6% --
11/30/2023 11/30/23 Price Changed $850,000 -29.2% --
09/24/2023 09/24/23 Price Changed $1,200,000 -20.0% --
05/19/2023 05/19/23 For Sale $1,500,000 -- --
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 $414 $90,400 $90,400 --
2024 $414 $39,800 $39,800 --
2023 $414 $39,800 $39,800 $0
2022 $432 $39,800 $39,800 $0
2021 $481 $36,200 $36,200 $0
2019 $580 $36,200 $36,200 $0
2018 $598 $46,400 $46,400 $0
2017 $531 $42,200 $42,200 $0
2016 $1,574 $111,200 $111,200 $0
2014 $1,706 $111,200 $111,200 $0
2013 $1,706 $111,200 $111,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2070980

Northwest Multiple Listing Service (NWMLS)

APN: 564000-0896