Off Market1096d on market
8206 Locust Avenue E
Bonney Lake, WA, 98391 • 98391 • Pierce County
$764,000
$245/sqft
3,116Sqft
0.7 acLot
1977Built
Property DNA
Bonney Lake
98391
Outdoor Living
Laminate · Wall to Wall Carpet
This home is getting attention
Listed 1096 days ago · 2 views
Market activity
Demand and pricing signals for this listing
2 views
People checking out this listing
1096 days on market
Established listing
$245/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 18% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1977
Amazing investing or occupying opportunity with this 4-plex in the heart of Bonney Lake. Walking distance to shops and minutes to SR 410. Potential to build 2 more units per the City of Bonney Lake (buyer to verify). Four 2bd 1ba units with shared coin-operated laundry room & off-street parking for 10 cars. Each unit comes with its own private deck & storage closet plus a shared yard. 2 units will be vacant before closing allowing you to set the rate! Rents are way below market. Water & sewer are currently included in the rent amount; tenants pay for garbage and electricity. Pre-listing inspection report done. Can't go wrong with this one!
Standout features identified
Our analysis highlights private deck and storage closet as key attractions of this home.
Estimated monthly payment
Based on current rates
$4,738/month
Principal & Interest$3,719
Property Tax$764
Insurance$255
Down payment20% ($152,800)
3%50%
Est. 6.14% rate · 30yr fixed · $611,200 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1977
HeatingBaseboard, Electric
CoolingNone
Parking10 Open Parking spaces
Property
Home typeMulti Family
Sub-typeMulti Family
ConditionGood
Year built1977
Systems
HeatingBaseboard, Electric
CoolingNone
RoofComposition
ConstructionWood Siding
Water / SewerPublic / Sewer Connected
Parking & Outdoor
ParkingOpen
Lot0.70 Acres
Location & Tax
Neighborhood98391
Annual tax$7,791
Parcel5640000133
Features & details
7 categories of property features
Interior Features
Flooring
Laminate
Vinyl
Carpet
Heating
Baseboard
Electric
Cooling
None
Exterior Features
Parking
Open
Construction
Wood Siding
Patio & Porch
Laminate
Wall to Wall Carpet
Lot Features
Paved
Sidewalk
Deck
Fenced-Partially
Listing insights
Market data and value estimates
StatusOff Market
Days on market1096
Est. rent$2,915/mo
Tax rate0.88%
Price/sqft$245
On marketApr 5, 2023
PostedMar 15, 2023
Last sold$915,000
MLS statusSold
MLS updatedSep 5, 2024
Tour days6
Views2
How are the schools in Bonney Lake?
3 schools rated nearby
Location
Bonney Lake, WA, 98391
Price history
6 events
DateEventPrice$/sqftSource
Apr 6, 2023Sold$915,000$294NWMLS as distributed by MLS GRID
Mar 17, 2023Pending Sale$850,000$273NWMLS as distributed by MLS GRID
Mar 15, 2023Listed For Sale$850,000$273NWMLS as distributed by MLS GRID
Jul 3, 2003Sold$245,000$79NWMLS as distributed by MLS GRID
Dec 2, 2002Sold$251,115$81Public Record
Apr 4, 2001Sold$234,950$75NWMLS as distributed by MLS GRID
Sold$915,000
Apr 6, 2023•$294/sqft•NWMLS as distributed by MLS GRID
Pending Sale$850,000
Mar 17, 2023•$273/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$850,000
Mar 15, 2023•$273/sqft•NWMLS as distributed by MLS GRID
Sold$245,000
Jul 3, 2003•$79/sqft•NWMLS as distributed by MLS GRID
Sold$251,115
Dec 2, 2002•$81/sqft•Public Record
Sold$234,950
Apr 4, 2001•$75/sqft•NWMLS as distributed by MLS GRID
Tax history
19 years of records
YearTax paidAssessed value
Apr 7, 2024$8,638$764,000
Apr 7, 2023$7,460$734,100
Apr 7, 2022$7,246$737,600
Apr 7, 2021$7,791$667,700
Apr 7, 2019$5,562$516,000
Apr 7, 2018$5,417$451,500
Apr 7, 2017$4,453$386,700
Apr 7, 2016$3,827$326,000
Apr 7, 2014$3,827$270,600
Apr 7, 2013$3,644$242,800
Apr 7, 2012—$237,700
Apr 7, 2011—$275,400
Apr 7, 2010—$301,200
Apr 7, 2009—$374,300
Apr 7, 2008$4,154$377,800
Apr 7, 2007$4,154$387,100
Apr 7, 2002$2,889$189,200
Apr 7, 2001$2,926$184,600
Apr 7, 2000$2,926$178,600
Nearby homes
Neighborhood details
Local context around this listing
Bonney Lake, WA • Pierce County
Nearby cities
Bonney LakeEnumclawGig HarborGrahamLakewoodParklandPuyallupSpanaway
Nearby zip codes
9835298391
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 09:13:30 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
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