Listed by Better Properties Solutions, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

1411 Washington St Sumner, WA 98390

Estimated Value: $949,808 - $963,000

9 Beds
5 Baths
3,853 Sq Ft
$248/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $527,000 $137 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $5,961/month

2 Days on Market

Highlights

  • Territorial View
  • Wall to Wall Carpet
  • 1-Story Property
  • Sumner Middle School Rated A-

About This Home

As of June 2017

Outstanding 4-plex close to downtown Sumner. 100% occupancy. Building has been well maintained. 3853 sq feet in facility. Coin operated laundry in facility. Three units have 2 bedroom and 1 bath. One unit with 3 bedrooms. Great investment generating property. Call for appointment today.

Last Agent to Sell the Property

George Ilgenfritz

Better Properties Solutions License #102271 Listed on: 05/01/2017

Better Properties Solutions

Last Buyer's Agent

Leona Lytle

Skyline Properties, Inc. License #91972

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1110393

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,320

Year Built

  • Built in 1974

Lot Details

  • 0.34 Acre Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Poured Concrete
  • Metal Roof

Interior Spaces

  • 3,853 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Community Details

  • Sumner Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9775000032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,320

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1974
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3853
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 372

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Metal
  • View: Territorial
  • Lot Features: Alley, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Sumner
  • WaterCompany: City of Sumner
  • WaterSewerGarbage: 4280

Schools

  • Junior High Dist: Sumner

Lot Info

  • Parcel Number: 9775000032
  • Lot Size Acres: 0.3388
  • Lot Size Sq Ft: 14758
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 2850

Multi Family

  • Gross Scheduled Income: 34200
  • Net Operating Income: 21625
  • Number Of Units Total: 4
  • Electric Expense: 585
  • Insurance Expense: 1310
  • Leasable Area: 3853
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 5320

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2019
Sold by
Qualey Paul W
Bought by
Qualey Rentals Llc
Current Estimated Value
$956,404

Purchase Details

Listed on
May 1, 2017
Closed on
May 23, 2017
Sold by
Dhh Sumner Llc
Bought by
Qualey Paul W
Seller's Agent
George Ilgenfritz
Better Properties Solutions
Buyer's Agent
Leona Lytle
Skyline Properties, Inc.
List Price
$499,000
Sold Price
$527,000
Premium/Discount to List
$28,000
5.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%
Original Mortgage
$395,250
Outstanding Balance
$329,642
Interest Rate
4.03%
Mortgage Type
Commercial
Estimated Equity
$645,650

Purchase Details

Closed on
Jun 24, 2016
Sold by
Hengstler Dorothy Heath
Bought by
Dhh Sumner Llc

Purchase Details

Closed on
Aug 3, 2005
Sold by
Hengstler Dorothy Heath
Bought by
Hengstler Dorothy Heath

Purchase Details

Closed on
Nov 7, 1997
Sold by
Purvis Stanley
Bought by
Heath Clement H and Heath Dorothy M
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
Qualey Rentals Llc -- Accommodation
Qualey Paul W $526,719 Ticor Title
Dhh Sumner Llc -- None Available
Hengstler Dorothy Heath -- --
Heath Clement H $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qualey Paul W $395,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2017 06/09/17 Sold $527,000 +5.6% $137 / Sq Ft
05/04/2017 05/04/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $499,000 -- $130 / 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 $9,481 $1,075,000 $265,600 $809,400
2024 $9,481 $972,300 $251,800 $720,500
2023 $9,481 $917,100 $251,800 $665,300
2022 $9,067 $841,700 $276,400 $565,300
2021 $8,679 $658,900 $168,900 $490,000
2019 $6,339 $577,100 $145,900 $431,200
2018 $6,730 $507,900 $125,300 $382,600
2017 $5,320 $475,900 $103,300 $372,600
2016 $4,713 $371,500 $73,700 $297,800
2014 $3,958 $354,200 $77,100 $277,100
2013 $3,958 $309,500 $70,200 $239,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1110393

Northwest Multiple Listing Service (NWMLS)

APN: 977500-0032