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7518 188th Ave

Bonney Lake, WA 98391

3 bd 2 ba 1,378 sqft Built 1968 Lot 19,000 sqft single_family
Most recent sale
$585,000
Jun 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 13, 2022 Listed $569,990 MLS #1923474
Jun 10, 2022 Sold $585,000 MLS #1923474
Apr 28, 2022 Listed $569,990 MLS #1923474
Oct 13, 2018 Listed $360,000 MLS #1281944
Jul 13, 2018 Sold $362,000 MLS #1281944
May 8, 2018 Price changed $360,000 MLS #1281944
May 2, 2018 Listed $350,000 MLS #1281944
Aug 30, 1995 Sold $118,500 Public Record
Mar 18, 1988 Sold $68,750 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $277,000 $251,900 $528,900 $6,078
2025 $277,000 $251,900 $528,900 $5,476
2024 $248,800 $200,700 $449,500 $4,572
2023 $254,800 $220,400 $475,200 $4,672
2022 $208,700 $187,500 $396,200 $4,627
2021 $189,900 $154,600 $344,500 $4,488
2020 $183,000 $133,200 $316,200 $4,250
2019 $175,800 $112,000 $287,800 $3,549
2018 $167,800 $93,300 $261,100 $3,660
2017 $147,400 $74,700 $222,100 $3,030
2016 $135,700 $67,900 $203,600 $2,771
2015 $124,600 $58,200 $182,800 $2,585
2014 $111,100 $55,300 $166,400 $2,449
2013 $104,000 $56,100 $160,100 $2,455
2012 $109,400 $80,300 $189,700 $2,581
2011 $110,000 $94,300 $204,300 $2,609
2010 $107,000 $124,900 $231,900 $2,671
2008 $107,600 $133,800 $241,400 $2,708
2007 $112,300 $140,100 $252,400 $2,647

Property facts

Year built
1968
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,378 sqft
Lot size
19,000 sqft
ZIP code
98391
City
Bonney Lake
Street
188th Ave
Coordinates
47.18844, -122.17848

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,169
Gross rental yield
6.50%
Implied cap rate
4.23%
Trend-extrapolated value

Frequently asked questions

When did 7518 188th Ave last sell?
7518 188th Ave most recently sold on Jun 10, 2022 for $585,000.
What is the current tax assessment for 7518 188th Ave?
The most recent total assessment for 7518 188th Ave (year 2026) is $528,900 with $6,078 in property tax.
How does 7518 188th Ave's assessment compare to its last sale price?
The current assessment is 9.6% below the last sale price of $585,000.
When was 7518 188th Ave built?
7518 188th Ave was built in 1968.
How does 7518 188th Ave compare to others on 188th Ave?
We track 8 other properties on 188th Ave. Browse the list under "Other properties on 188th Ave" to compare beds, baths, and sale history.
What are the property facts for 7518 188th Ave?
7518 188th Ave is a 3 bed, 2 bath, 1,378 sqft, 19,000 sqft lot single_family.
Is 7518 188th Ave a flip candidate?
No — 7518 188th Ave does not appear in our flips dataset.
Is 7518 188th Ave a tax-appeal candidate?
No — 7518 188th Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.7%
Implied 1-yr
+2.8%
2026 Q3
$750.6K
2026 Q4
$755.6K
ZIP 98391 — Median Price History + Forecast

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