Listed by Mt. Rainier Realty, Bought with Person Real Estate Group LLC
NOT LISTED FOR SALE

1514 Valley Ave E Sumner, WA 98390

Estimated Value: $837,000

8 Beds
4 Baths
3,536 Sq Ft
$237/Sq Ft Est. Value

Sale Details

Date Sold: July 24, 2014

Last sale price $215,000 $61 Per Sq Ft

Est. 289% increase in value since last sale

Current estimated payment $5,186 / mo

241 Days on Market

About This Home

As of July 2014

Units need work but there is money to be made. Positive cash flow and I have short sale approval. Bring me an offer!

Last Agent to Sell the Property

Tami Dunn

Mt. Rainier Realty License #50339 Listed on: 04/18/2013

Last Buyer's Agent

Lauren Hardman

Person Real Estate Group LLC License #110412

Person Real Estate Group LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 476136

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 0.26

Parking

  • 4 Covered Spaces

Home Design

  • Quadruplex
  • Poured Concrete
  • Metal Roof
  • Wood Composite

Interior Spaces

  • 3,536 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet

Additional Features

  • 11,408 Sq Ft Lot
  • Cable TV Available

Community Details

  • Sumner Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5145000030

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0.26 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1968
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 3536
  • Special Features: 12

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Metal
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking: No

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Sumner
  • WaterCompany: Sumner

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Pioneer #402

Lot Info

  • Parcel Number: 5145000030
  • Lot Size Acres: 0.2619
  • Lot Size Sq Ft: 11408
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Tax Info

  • Year: 2013

Multi Family

  • Number Of Units Total: 4
  • UnitsBelowGrade: false

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2025
Sold by
Bought by
Current Estimated Value
$837,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,331,000
Outstanding Balance
$1,331,000
Interest Rate
6.34%
Mortgage Type
New Conventional
Estimated Equity
-$494,000

Purchase Details

Listed on
Apr 18, 2013
Closed on
Jul 8, 2014
Sold by
Bought by
Seller's Agent
Tami Dunn
Mt. Rainier Realty
Buyer's Agent
Lauren Hardman
Person Real Estate Group LLC
List Price
$270,000
Sold Price
$215,000
Premium/Discount to List
-$55,000
-20.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.10%
Original Mortgage
$223,000
Interest Rate
4.12%
Mortgage Type
Commercial

Purchase Details

Closed on
May 22, 2007
Sold by
Bought by

Purchase Details

Closed on
Oct 2, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,400
Interest Rate
5.72%
Mortgage Type
Commercial

Purchase Details

Closed on
May 17, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,350
Interest Rate
6.94%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Chicago Title
$214,719 Old Republic Title Ltd
-- Chicago Title Insurance Co
$348,000 Ticor
$245,950 Commonwealth Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,331,000
Previous Owner $223,000
Previous Owner $278,400
Previous Owner $221,350
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/24/2014 07/24/14 Sold $215,000 -20.4% $61 / Sq Ft
12/20/2013 12/20/13 Pending -- -- --
04/22/2013 04/22/13 For Sale $270,000 -- $76 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,824 $945,800 $250,200 $695,600
2024 $7,824 $793,000 $234,700 $558,300
2023 $7,824 $756,600 $234,700 $521,900
2022 $7,540 $702,500 $257,600 $444,900
2021 $7,119 $540,300 $157,400 $382,900
2019 $5,165 $482,400 $134,300 $348,100
2018 $2,724 $413,700 $115,300 $298,400
2017 $4,280 $385,100 $95,000 $290,100
2016 $3,586 $283,800 $67,800 $216,000
2014 $3,052 $269,400 $71,000 $198,400
2013 $3,052 $234,300 $64,600 $169,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 476136

Northwest Multiple Listing Service (NWMLS)

APN: 514500-0030

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