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5424 South Island Drive East

5424 South Island Drive East, Bonney Lake, WA 98391
Property in Pierce
Sold Feb 07, 2013
$273,950
$265,731 by Cobalt Mortgage Inc
Mortgage Due Feb 01, 2043
Sold Sep 20, 2004
$237,500
$187,500 by Hsbc Mortgage Corporation Usa
Mortgage Due Oct 01, 2034
5424 South Island Drive East in Bonney Lake, WA was first built in 1997 and is 27 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bi-level style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5424 South Island Drive East has 1,655 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,700 square feet.

Learn more about the property and building on this page. There is a covered porch. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 418 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heat pump. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jan 25, 2013 for $273,950. That's $655.38 per sqft. Prior to that sales transaction, the property was also sold in Sep 14, 2004 for $237,500. 5424 South Island Drive East was last assessed in 2022. The total value of the property was assessed at $527,500. Specifically, the land the property is located on was valued at $219,300. While improvements on the property were assessed at a total of $308,200. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $5,185. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 418
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 8,700
  • Lot Size Frontage Feet: 750
  • Total Building Area: 418
  • Gross Building Area: 591
  • Building Area: 1,655
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,655
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: INLET ISLAND
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 22 TOWNSHIP 20 RANGE 05 QUARTER 34 INLET ISLAND: INLET ISLAND L 25 B 4 TOG/W COMM PROP INT IN PARK AREA

Ownership

  • Current Owner : GARNER THOMAS W
  • Previous Owner : SHARFF DEREK M
  • Owner Before Previous Owner: BERGGREN WALTER L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sumner School District
  • Census Tract: 070309

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 806-G6
  • Parcel: 472000-2-120
  • Block: 4
  • Lot: 25
  • Meridian: SEC 22 TWN 20 RNG 05
  • Municipality: BONNEY LAKE
  • Latitude: 47.2001
  • Longitude: -122.156

    Address

  • Full Address: 5424 S Island Dr E
  • Address - House Number: 5424
  • Street Segment Direction: E
  • Street Direction: S
  • Address - Street Name: Island
  • Address - Suffix Type: Dr
  • State: WA
  • City Name: Bonney Lake
  • Carrier Code: R026
  • 4-Digit Zip Code: 8638
  • Zip Code: 98391

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,185
  • Tax Rate Code Area: 035

    Appraisal Valuation

  • Standard Deviation: 0.1272
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 85
  • Final Value: 557,752
  • High Value: 628,732
  • Low Value: 486,772

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $265,731
  • First Open Lien Mortgage Lender: COBALT MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Feb 07, 2013
  • First Open Lien Mortgage Loan Amount: $265,731
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2043

    Market Valuation

  • Market Total Value: $527,500
  • Market Land Value: $219,300
  • Market Improvement Value: $308,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $527,500
  • Assessed Land Value: $219,300
  • Assessed Improvements Value: $308,200

    Sales

  • Current Sale Contract Date: Jan 25, 2013
  • Current Sale Recording Date: Feb 07, 2013
  • Current Sale Transaction ID: 1038428369
  • Current Sale Price: $273,950
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201302070509
  • Previous Sale Recording Date: Sep 20, 2004
  • Previous Sale Contract Date: Sep 14, 2004
  • Previous Sale Amount: $237,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COBALT MORTGAGE INC
  • First Mortgage Transaction Date: Feb 07, 2013
  • First Mortgage Loan Amount: $265,731
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: HSBC MORTGAGE CORPORATION USA
  • Previous Mortgage Transaction Date: Sep 20, 2004
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $187,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2034

About Bonney Lake



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Frequently Asked Questions

What neighborhood is 5424 South Island Drive East located in?
The 5424 South Island Drive East is a located in the neighborhood of Pierce in Bonney Lake, Bonney Lake.
What is the average sales price for listings in 5424 South Island Drive East?
The average sales price for units in 5424 South Island Drive East is $0 currently.

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