tomo logo

$615,000

Beds
4
Baths
3.0
sq ft
2,224

4905 N Island Dr E, Bonney Lake, WA 98391

4905 N Island Dr E

Bonney Lake, WA 98391

  • <1 day on market
Incredible opportunity on Inlet Island! This spacious four bedroom, three FULL bathroom home has two dedicated offices and a wired shed perfect for your WFM setup. Home is nestled on a generous 1/3 acre lot and offers stunning lake views that will take your breath away. Upon entering, you will find two cozy living rooms, very large and updated eat in kitchen, full bathroom, office and utility room. Upstairs features all bedrooms, small office and primary suite with a dedicated bathroom and walk in closet. Do not miss the wired shed in the back with A/C, it is AMAZING! Embrace the chance to make this home your own while enjoying the serene surroundings and picturesque views.

Details

Property type

Single Family Residence

Est. home value

$675,645

Lot size

0.3367 acres

Price per sq ft

$277

Year built

1986

Annual property taxes

$5,606

Monthly HOA fee

$20.83

Price History

10/17/2024
NorthwestMLS

NorthwestMLS #2302928

Listed
$615,000
+19.42%
09/11/2020
NorthwestMLS

NorthwestMLS #1639695

Sold
$515,000
+37.35%
01/17/2018
NorthwestMLS

NorthwestMLS #1213713

Sold
$374,950

Schools & Community

Elementary school: 

Emerald Hills Elem

Middle school: 

Lakeridge Middle

High school: 

Bonney Lake High

Community features: 

Clubhouse, Park, Playground

High school district: 

Sumner-Bonney Lake

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$190,439
Asking price
$615,000
Closing costs (~8% of asking)
-$49,200
Est. remaining loan balance
-$375,361
Cash to seller
$190,439

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

August 2020

Original loan amount

$412,000

Est. remaining balance

$375,361

Interest rate

3.03%

Loan type

New Conventional, 30 year

Seller

Thomas Kosta and Katelynn Saunders Kosta

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/18/2024 at 3:25 AM

Listing updated: 10/17/2024 at 11:16 AM

Listed by: Kaylee Salsbury, Windermere RE/Lake Tapps, Inc Phone #: (253) 939-7442

MLS: NorthwestMLS #2302928

NorthwestMLS logo

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