Listed by First Financial Reality, LLC, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

15712 63rd Street Ct E Sumner, WA 98390

Estimated Value: $655,704 - $762,000

4 Beds
2 Baths
2,040 Sq Ft
$358/Sq Ft Est. Value

Last Sold August 05, 2019

Last sale price $449,950 $221 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,343/month

5 Days on Market

Highlights

  • Thermal Windows
  • Cul-De-Sac
  • High Speed Internet
  • Maple Lawn Elementary School Rated A-
  • Patio
  • Property is Fully Fenced

About This Home

As of August 2019

No walking the property or showings until your offer has been accepted. Please do not disturb the tenants. Click on virtual tour link as part of the listing input for tour of property. This exceptional duplex is located in good rental neighborhood cul-de-sac, close in to parks, shopping, schools and transportation corridors. 100% occupied. Longer term tenants. Seller willing to participate in Section 1031 exchanges – bring your investment buyers.

Last Agent to Sell the Property

Thomas Potts

First Financial Reality, LLC License #73199 Listed on: 06/27/2019

Co-Listed By

Jerry Sailer

First Financial Reality, LLC License #10962

Last Buyer's Agent

Renee Gray

John L. Scott, Inc. License #108971

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1480620

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,138

Year Built

  • Built in 1980

Lot Details

  • 10,125 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Property is Fully Fenced

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,040 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Sumner Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7819500130

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,138

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1980
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2040
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced, FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Sumner
  • WaterCompany: Public
  • WaterSewerGarbage: 1674

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Sumner

Lot Info

  • Parcel Number: 7819500130
  • Lot Size Acres: 0.2324
  • Lot Size Sq Ft: 10125
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Public Records
  • ZoningClass: Multi-Family,Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 2565

Multi Family

  • Gross Scheduled Income: 30780
  • Net Operating Income: 24082
  • Number Of Units Total: 2
  • Insurance Expense: 886
  • Leasable Area: 2040
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 4138

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2019
Closed on
Jul 30, 2019
Sold by
Bowdre Billy and Reeves Bowdre Johna
Bought by
Turk Michael
Seller's Agent
Thomas Potts
First Financial Reality, LLC
Buyer's Agent
Renee Gray
John L. Scott, Inc.
List Price
$449,950
Sold Price
$449,950
Current Estimated Value
$730,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,226
Avg. Annual Appreciation
8.18%
Original Mortgage
$441,799
Outstanding Balance
$386,295
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$343,881

Purchase Details

Closed on
Oct 20, 2012
Sold by
Avilova Anna
Bought by
Reeves Chase

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,300
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2006
Sold by
Keohi Michael K
Bought by
Bowdre Billy and Reeves Bowdre Johna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2005
Sold by
Coker Kenneth J L
Bought by
Keohi Michael K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,200
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Turk Michael $449,950 Chicago Title
Reeves Chase -- Lsi Title Company
Bowdre Billy $325,400 Pnwt
Reeves Chase -- Pnwt
Keohi Michael K $269,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turk Michael $441,799
Previous Owner Reeves Chase $268,300
Previous Owner Reeves Chase $260,000
Previous Owner Bowdre Billy $32,500
Previous Owner Keohi Michael K $215,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2019 08/05/19 Sold $449,950 0.0% $221 / Sq Ft
07/02/2019 07/02/19 Pending -- -- --
06/27/2019 06/27/19 For Sale $449,950 -- $221 / 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 $5,654 $636,800 $260,400 $376,400
2024 $5,654 $567,600 $249,900 $317,700
2023 $5,654 $546,500 $249,900 $296,600
2022 $5,602 $607,100 $274,300 $332,800
2021 $5,098 $386,700 $167,600 $219,100
2019 $4,138 $352,600 $142,200 $210,400
2018 $4,227 $331,300 $122,100 $209,200
2017 $3,372 $298,700 $100,600 $198,100
2016 $2,862 $222,500 $71,800 $150,700
2014 $2,510 $214,900 $75,100 $139,800
2013 $2,510 $186,800 $68,400 $118,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1480620

Northwest Multiple Listing Service (NWMLS)

APN: 781950-0130