NOT LISTED FOR SALE

1501 Wright Ave Sumner, WA 98390

Estimated Value: $612,107 - $654,000

4 Beds
2 Baths
1,664 Sq Ft
$378/Sq Ft Est. Value

Last Sold February 12, 2019

Last sale price $325,000 $195 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,745/month

Highlights

  • Territorial View
  • Softwood Flooring
  • Property is Fully Fenced
  • Sumner Middle School Rated A-
  • Patio
  • 1-Story Property

About This Home

As of February 2019

2 bdrm, 1 bath units with 1 car garage, fenced backyards and close to schools and shopping! Units do need roof soon. Input for comp purposes only. Rents are low due to owner passing on years ago and rents were never re-negotiated.

Genni Thummel-Gravitt

Better Properties Real Estate License #72331 Listed on: 02/12/2019

Better Properties Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1411245

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,869

Year Built

  • Built in 1960

Lot Details

  • 9,230 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,664 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Langdon Acres Condos
  • Downtown Sumner Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5145000080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,869

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1960
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Langdon Acres
  • New Construction: No
  • CalculatedSquareFootage: 1664
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Softwood, Vinyl, Carpet
  • Interior Amenities: Fir/Softwood, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: City of Sumner
  • WaterCompany: City of Sumner

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Sumner

Lot Info

  • Parcel Number: 5145000080
  • Lot Size Acres: 0.2119
  • Lot Size Sq Ft: 9230
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gas Available,Patio
  • MLSLotSizeSource: Pierce County Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • LeasedItems: None
  • TotalMonthlyIncome: 1375

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 1664
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2024
Sold by
Sturdevant Candace Hope and Steven T Sturdevant Trust
Bought by
Heym Justin
Total Days on Market
0
Current Estimated Value
$629,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,700
Outstanding Balance
$529,327
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$81,130

Purchase Details

Closed on
Aug 8, 2019
Sold by
Sturdevant Steve and Sturdevant Debra
Bought by
Sturdevant Steven T and Sturdevant Debra L

Purchase Details

Listed on
Feb 12, 2019
Closed on
Feb 7, 2019
Sold by
Robb Judith A and Mackenzie Laurie A
Bought by
Sturdevant Candace Hope and Sturdevant Cole Steven
Buyer's Agent
Genni Thummel-Gravitt
Better Properties Real Estate
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.47%
Original Mortgage
$191,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2014
Sold by
Robb Judith A and Mackenzie Laurie A
Bought by
Robb Judith A and Mackenzie Laurie A
Source: Public Records

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Range of Values:

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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
Heym Justin $610,000 Chicago Title
Sturdevant Steven T -- None Available
Sturdevant Candace Hope $325,000 Wfg National Title
Robb Judith A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heym Justin $530,700
Previous Owner Sturdevant Candace Hope $195,500
Previous Owner Sturdevant Candace Hope $191,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2019 02/12/19 Sold $325,000 0.0% $195 / Sq Ft
02/12/2019 02/12/19 For Sale $325,000 -- $195 / 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
2024 $4,869 $488,100 $221,500 $266,600
2023 $4,869 $470,400 $221,500 $248,900
2022 $4,828 $522,500 $243,100 $279,400
2021 $4,405 $334,000 $148,600 $185,400
2019 $3,522 $304,700 $125,500 $179,200
2018 $3,566 $281,800 $107,700 $174,100
2017 $2,867 $251,900 $88,800 $163,100
2016 $2,418 $188,800 $63,300 $125,500
2014 $2,077 $181,500 $66,300 $115,200
2013 $2,077 $159,000 $60,400 $98,600
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1411245

Northwest Multiple Listing Service (NWMLS)

APN: 514500-0080