NOT LISTED FOR SALE

1511 Wright Ave Sumner, WA 98390

Estimated Value: $568,105 - $668,000

4 Beds
2 Baths
1,800 Sq Ft
$343/Sq Ft Est. Value

Last Sold May 05, 2020

Last sale price $425,000 $236 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,894/month

About This Home

As of May 2020

This home is located at 1511 Wright Ave, Sumner, WA 98390 since 05 May 2020 and is currently estimated at $617,526, approximately $343 per square foot. This property was built in 1963. 1511 Wright Ave is a home located in Pierce County with nearby schools including Daffodil Valley Elementary School, Sumner Middle School, and Sumner High School.

Josh Kumar

Windermere RE/Lake Tapps, Inc License #130581 Listed on: 05/05/2020

Windermere RE/Lake Tapps, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1598596

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,137

Year Built

  • Built in 1963

Lot Details

  • 9,230 Sq Ft Lot

Home Design

  • Duplex
  • Fixer Upper
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Parking Spaces
  • Open Parking

Community Details

  • Downtown Sumner Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5145000040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,137

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
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1800
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Property Condition: Fixer
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Utilities: Sewer Connected

Lot Info

  • Parcel Number: 5145000040
  • Lot Size Acres: 0.2119
  • Lot Size Sq Ft: 9230
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist

Rental Info

  • Furnished: Unfurnished
  • TotalMonthlyIncome: 2100

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 1800
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2020
Closed on
May 4, 2020
Sold by
Creech Kenneth F and Creech Mildred K
Bought by
Kumar Joshua
Buyer's Agent
Josh Kumar
Windermere RE/Lake Tapps, Inc
List Price
$425,000
Sold Price
$425,000
Total Days on Market
0
Current Estimated Value
$617,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,526
Avg. Annual Appreciation
7.30%
Original Mortgage
$361,250
Outstanding Balance
$327,898
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$280,776

Purchase Details

Closed on
Feb 1, 1996
Sold by
Carson David S
Bought by
Creech Kenneth F and Creech Mildred K
Source: Public Records

Similar Home in Sumner, WA

  • 414 Sumner Ave, Sumner, WA 98390

    $699,500

    • 2 Beds
    • 3 Baths
    • 2,584 Sq Ft
    • 414 Sumner Ave
    • Sumner, WA

    Located on a quiet street in downtown Sumner this craftsman style triplex has tons of character and charm. Features two renovated one-bedroom units, one w/ a separate exterior entrance, and a spacious studio. Studio unit includes an attached bedroom that was blocked off for storage & could easily be converted to a 1 bedroom. The 860 sqft separately metered unfinished attic w/ 14’ vaulted ceilings

    Troy Kerr John L. Scott, Inc

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kumar Joshua $425,000 Ticor Title
Creech Kenneth F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Joshua $79,700
Open Kumar Joshua $361,250
Previous Owner Creech Kenneth F $111,100
Previous Owner Creech Kenneth F $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2020 05/05/20 Sold $425,000 0.0% $236 / Sq Ft
05/05/2020 05/05/20 For Sale $425,000 -- $236 / 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 $5,137 $512,600 $221,500 $291,100
2023 $5,137 $496,400 $221,500 $274,900
2022 $5,103 $553,200 $243,100 $310,100
2021 $4,672 $354,300 $148,600 $205,700
2019 $3,768 $322,200 $125,500 $196,700
2018 $3,823 $301,600 $107,700 $193,900
2017 $3,050 $270,100 $88,800 $181,300
2016 $2,588 $202,600 $63,300 $139,300
2014 $2,136 $194,300 $66,300 $128,000
2013 $2,136 $169,000 $60,400 $108,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1598596

Northwest Multiple Listing Service (NWMLS)

APN: 514500-0040