NOT LISTED FOR SALE

15906 Elm St E Sumner, WA 98390

Estimated Value: $1,155,000 - $1,492,207

8 Beds
9 Baths
6,400 Sq Ft
$207/Sq Ft Est. Value

Last Sold April 17, 2020

Last sale price $1,027,500 $161 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $8,480/month

49 Days on Market

Highlights

  • 0.4 Acre Lot
  • Thermal Windows
  • High Speed Internet
  • Sumner Middle School Rated A-
  • Ceramic Tile Flooring
  • Property is in very good condition

About This Home

As of April 2020

Opportunity of a life time to own a high-end money maker! Each unit is 1,600 sq ft, 3 bedrooms, 2.25 baths, master is complete w/ en-suite. All have been totally remodeled to include modern finishes, fresh paint, new trim, new appliances, updated electrical, plumbing & fresh exterior paint. Each unit includes private washer/dryer, dishwasher & additional storage. 5.16% cap rate with under market value rents! With a fantastic rental history, this is an opportunity that you won't want to overlook!

Last Agent to Sell the Property

David MacPhail

Redfin License #27309 Listed on: 01/03/2020

Redfin

Last Buyer's Agent

Auston Hilkin

Coldwell Banker Danforth License #136580

Coldwell Banker Danforth

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1551436

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,732

Year Built

  • Built in 1978

Lot Details

  • 0.4 Acre Lot
  • Property is Fully Fenced
  • Property is in very good condition

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 6,400 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Sumner Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9225000115

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,732

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1978
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 6400
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 325

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Laminate Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Slab
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Sumner
  • WaterCompany: City of Sumner
  • WaterSewerGarbage: 8289

Schools

  • Junior High Dist: Sumner
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 9225000115
  • Lot Size Acres: 0.3953
  • Lot Size Sq Ft: 17220
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gas Available,High Speed Internet,Outbuildings
  • MLSLotSizeSource: Realist- Buyer to Verify
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 6625

Multi Family

  • Gross Scheduled Income: 75900
  • Net Operating Income: 60679
  • Number Of Units Total: 4
  • Insurance Expense: 1800
  • Leasable Area: 6400
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 8732

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Apr 17, 2020
Sold by
Heseltine Darlene A and Heseltine Richard L
Bought by
Hilkin Richard J and Hilkin Kathy L
Seller's Agent
David MacPhail
Redfin
Buyer's Agent
Auston Hilkin
Coldwell Banker Danforth
List Price
$1,175,000
Sold Price
$1,027,500
Premium/Discount to List
-$147,500
-12.55%
Total Days on Market
49
Current Estimated Value
$1,323,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,104
Avg. Annual Appreciation
5.04%
Original Mortgage
$723,750
Outstanding Balance
$644,376
Interest Rate
3.2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$679,228

Purchase Details

Closed on
Oct 26, 2015
Sold by
Trujillo John L and Trujillo Holly K
Bought by
Trujillo Properties Llc

Purchase Details

Closed on
Jun 21, 2007
Sold by
Heseltine Richard L and Heseltine Darlene A
Bought by
Trujillo John L and Trujillo Holly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,895
Interest Rate
6.21%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 27, 1998
Sold by
Shim Edna C
Bought by
Helestine Richard L and Heseltine Darlene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,500
Interest Rate
7.06%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Hilkin Richard J $1,027,500 Fidelty National Title
Trujillo Properties Llc -- Accommodation
Trujillo John L $656,550 Lawyers Title
Helestine Richard L $198,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hilkin Richard J $723,750
Previous Owner Heseltine Richard L $362,000
Previous Owner Trujillo John L $590,895
Previous Owner Helestine Richard L $158,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2020 04/17/20 Sold $1,027,500 -12.6% $161 / Sq Ft
02/21/2020 02/21/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $1,175,000 -- $184 / 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 $12,601 $1,281,200 $262,600 $1,018,600
2023 $12,601 $1,219,300 $262,600 $956,700
2022 $11,957 $1,097,400 $288,300 $809,100
2021 $11,561 $878,000 $176,200 $701,800
2019 $8,732 $843,600 $153,400 $690,200
2018 $9,358 $699,900 $131,700 $568,200
2017 $7,327 $662,000 $108,500 $553,500
2016 $6,553 $519,800 $77,400 $442,400
2014 $5,785 $492,600 $81,000 $411,600
2013 $5,785 $425,400 $73,800 $351,600
Source: Public Records

Agents Affiliated with this Home

  • David MacPhail

    Seller's Agent in 2020

    David MacPhail

    Redfin

    (253) 571-9998

    Section Image
  • Auston Hilkin

    Buyer's Agent in 2020

    Auston Hilkin

    Coldwell Banker Danforth

    (253) 691-0783

    36 Total Sales

    Auston Hilkin
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1551436

Northwest Multiple Listing Service (NWMLS)

APN: 922500-0115

Washington Pierce County Sumner 98390

15906 Elm St E, Sumner, WA

This home is located at 15906 Elm St E, Sumner, WA 98390 since 03 January 2020 and is currently estimated at $1,323,604, approximately $206 per square foot. This property was built in 1978. 15906 Elm St E is a home located in Pierce County with nearby schools including Daffodil Valley Elementary School, Sumner Middle School, and Sumner High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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