Listed by Best Choice Realty LLC, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

1118 Ryan Ave Sumner, WA 98390

Estimated Value: $534,698 - $626,000

4 Beds
2 Baths
1,488 Sq Ft
$395/Sq Ft Est. Value

Last Sold July 05, 2023

Last sale price $567,708 $382 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,735/month

4 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Wood Siding
  • Sumner Middle School Rated A-
  • Baseboard Heating
  • 4-minute walk to Rueben Knoblauch Heritage Park

About This Home

As of July 2023

Don't miss this great opportunity to own a duplex in the heart of downtown Sumner! Both units are 2 beds, 1 bath, 744 sqft with their own individual carport and fully fenced front yard. One unit has new LVP throughout, new shed & a fully fenced backyard. Both units have a newer roof, windows, exterior paint, attic insulation and new water heaters!! Conveniently located near the Sounder commuter train station, shopping, restaurants, schools, freeways and parks!

Last Agent to Sell the Property

Mia Robinson

Best Choice Realty LLC License #124282 Listed on: 05/18/2023

Best Choice Realty LLC

Last Buyer's Agent

Alex Goforth

John L. Scott, Inc. License #21002135

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2066234

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,578

Year Built

  • Built in 1963

Lot Details

  • 7,700 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,488 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Downtown Sumner Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9780000300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,578

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1963
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1488
  • Special Features: VirtualTour
  • Cumulative Days on Market: 340

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Property Condition: Fair
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Sumner
  • WaterCompany: City of Sumner
  • WaterSewerGarbage: 250

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 185

Schools

  • Junior High Dist: Sumner-Bonney Lake
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 9780000300
  • Lot Size Acres: 0.1768
  • Lot Size Sq Ft: 7700
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist - Buyer to verify
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 800

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4578

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 185
  • Insurance Expense: 798
  • Leasable Area: 1488
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Jun 28, 2023
Sold by
Olson Alicia V
Bought by
Watsjold Ian and Watsjold Deven
Seller's Agent
Mia Robinson
Best Choice Realty LLC
Buyer's Agent
Alex Goforth
John L. Scott, Inc.
List Price
$539,999
Sold Price
$567,708
Premium/Discount to List
$27,709
5.13%
Views
53
Current Estimated Value
$612,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,878
Avg. Annual Appreciation
3.08%
Original Mortgage
$547,838
Outstanding Balance
$534,586
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$70,271

Purchase Details

Listed on
Aug 29, 2016
Closed on
Nov 23, 2016
Sold by
Moltke Glenn
Bought by
Olson Alicia V
Seller's Agent
Robert Stoeck
Redfin
Buyer's Agent
Stephen Williams
Green Stone Properties, Inc.
List Price
$239,950
Sold Price
$239,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.94%
Original Mortgage
$235,603
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 3, 2001
Sold by
Fruehling Kenneth W
Bought by
Moltke Glenn and Moltke Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
7.71%

Purchase Details

Closed on
Jan 2, 2001
Sold by
Anderson Judith M
Bought by
Fruehling Kenneth W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
7.71%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Watsjold Ian $567,708 Title Forward
Olson Alicia V $239,669 F A T C O
Moltke Glenn $150,078 --
Fruehling Kenneth W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watsjold Ian $547,838
Previous Owner Olson Alicia V $235,603
Previous Owner Moltke Glenn $103,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2023 07/05/23 Sold $567,708 +5.1% $382 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $539,999 +125.0% $363 / Sq Ft
11/29/2016 11/29/16 Sold $239,950 0.0% $161 / Sq Ft
10/20/2016 10/20/16 Pending -- -- --
08/29/2016 08/29/16 For Sale $239,950 -- $161 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,225 $492,600 $217,000 $275,600
2024 $4,225 $432,000 $200,300 $231,700
2023 $4,225 $408,100 $200,300 $207,800
2022 $4,203 $454,300 $219,800 $234,500
2021 $3,828 $290,100 $134,300 $155,800
2019 $3,044 $261,500 $112,400 $149,100
2018 $3,072 $243,500 $96,500 $147,000
2017 $2,452 $216,900 $79,600 $137,300
2016 $2,085 $162,200 $56,700 $105,500
2014 $1,865 $156,400 $59,400 $97,000
2013 $1,865 $136,400 $54,100 $82,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2066234

Northwest Multiple Listing Service (NWMLS)

APN: 978000-0300