Sold

Listed by: Engel & Volkers Chambers Bay • Devin Scherck

Bought with: Windermere RE/Lake Tapps, Inc

$675,000

18214 74th St E, Bonney Lake, WA 98391

--beds

--baths

2,860sqft

Duplex, Multi Family

Built in 1962

-- sqft lot

$665,500 Zestimate^®

$236/sqft

$2,013 Estimated rent

Home value

$665,500

$619,000 - $712,000

$2,013/mo

Zestimate^® history

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$2,013/mo

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$2,013/mo

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$4,179/mo

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$4,179/mo

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What's special

Amazing investment opportunity or ideal for house-hackers! This spacious 2,860 sq. ft. duplex sits on a corner lot in the heart of Bonney Lake, right across from Bonney Lake and Park. Enjoy scenic views, outdoor fun and everyday convenience just steps away. Each unit includes 3 bedrooms, 1 bathroom, a full kitchen, living room, in-unit laundry, private entrance, and its own single-car garage. Originally a single-family home, now a duplex—potential to convert back. Rents are currently below market; comps suggest approx. $1,900/month per unit. Shared yard and plenty of on-site parking. Close to schools, shopping, dining, and commuter routes. Owner financing available. Don't disturb tenants. Showings by appt only. Buyer to verify all info.

Facts & features

Interior

Heating

Forced Air, Electric

Cooling

None

Features

Flooring: Ceramic Tile, Vinyl Plank
Has fireplace: No

Interior area

Total structure area: 2,860
Total interior livable area: 2,860 sqft

Property

Parking

Total spaces: 2
Covered spaces: 2

Lot

Size: 9,147 Square Feet

Details

Parcel number: 0520283127
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Duplex
Property subtype: Duplex, Multi Family

Materials

Wood Products
Roof: Composition

Condition

Year built: 1962
Major remodel year: 1985

Utilities & green energy

Electric: Company: PSE
Sewer: Sewer Connected, Company: City of Bonney Lake
Water: Public, Company: City of Bonney Lake

Community & HOA

Community

Subdivision: Bonney Lake

Location

Region: Bonney Lake

Financial & listing details

Price per square foot: $236/sqft
Tax assessed value: $670,100
Annual tax amount: $7,578
Date on market: 6/22/2025
Cumulative days on market: 395 days
Listing terms: Conventional,FHA,VA Loan

Price history

Date	Event	Price
8/14/2025	Sold	$675,000-1.5%$236/sqft
Source: NWMLS as distributed by MLS GRID #2378901 Report a problem
6/28/2025	Price change	$685,000-2.1%$240/sqft
Source: NWMLS as distributed by MLS GRID #2378901 Report a problem
5/22/2025	Listed for sale	$700,000+74.3%$245/sqft
Source: NWMLS as distributed by MLS GRID #2378901 Report a problem
4/14/2017	Sold	$401,500+0.4%$140/sqft
Source: NWMLS as distributed by MLS GRID #1075216 Report a problem
2/13/2017	Pending sale	$399,950$140/sqft
Source: Gateway Real Estate #1075216 Report a problem
2/6/2017	Listed for sale	$399,950+40.3%$140/sqft
Source: Gateway Real Estate #1075216 Report a problem
10/25/2004	Sold	$285,000+5600%$100/sqft
Source: Public Record Report a problem
8/9/2004	Sold	$5,000-96.9%$2/sqft
Source: Public Record Report a problem
5/2/2003	Sold	$159,000$56/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$7,578 +26.1%	$670,100 +13.4%
2023	$6,009 +7.7%	$591,100 +4.1%
2022	$5,582 -5.6%	$568,000 +12.2%
2021	$5,911 +25%	$506,300 +11%
2019	$4,727 -2%	$456,200 +18.9%
2018	$4,822 +25.4%	$383,600 +11.4%
2017	$3,845 +15.9%	$344,200 +22.5%
2016	$3,318	$280,900 +19.7%
2014	$3,318 +7.5%	$234,600 +11.8%
2013	$3,086	$209,800 +4.2%
2012	--	$201,300 -11.6%
2011	--	$227,800 -8.5%
2010	--	$249,000 -19.2%
2009	--	$308,000 -2%
2008	$3,513 +0%	$314,200 -4%
2007	$3,513 +13.3%	$327,400 +61.8%
2002	$3,102 +0.9%	$202,400 +2.1%
2001	$3,073	$198,200 +5.7%
2000	$3,073	$187,600