Listed by Metro Real Estate, LLC, Bought with American Dream Realty, LLC
NOT LISTED FOR SALE

15914 52nd St E Sumner, WA 98390

Estimated Value: $917,000

8 Beds
4 Baths
3,728 Sq Ft
$246/Sq Ft Est. Value

Last Sold July 19, 2017

Last sale price $403,500 $108 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $5,604/month

3 Days on Market

Highlights

  • 0.38 Acre Lot
  • Cul-De-Sac
  • Wall to Wall Carpet
  • Sumner Middle School Rated A-
  • Patio

About This Home

As of July 2017

Great opportunity to add an investment property to your portfolio. Four-plex in an area of like properties, helps make this a nice rental. Washer/Dryer hook-up, fire place and covered parking for all units.

Last Agent to Sell the Property

Sheryl Knowles

Metro Real Estate, LLC License #11209 Listed on: 03/30/2017

Co-Listed By

Robert Leviton

Metro Real Estate, LLC License #91396

Last Buyer's Agent

Ericia Lorentzen

American Dream Realty, LLC License #111329

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1097513

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,894

Year Built

  • Built in 1983

Lot Details

  • 0.38 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,728 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Sumner Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5719000070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,894

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1983
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3728
  • SOCComments: see Form 7G
  • Special Features: 12

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Slab
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Sumner

Lot Info

  • Parcel Number: 5719000070
  • Lot Size Acres: 0.3831
  • Lot Size Sq Ft: 16688
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Patio
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

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

Tax Info

  • Year: 2017
  • Tax Annual Amount: 4894

Multi Family

  • Number Of Units Total: 4
  • Leasable Area: 3728
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2017
Closed on
Jul 17, 2017
Sold by
Kurkov Silvia and Kurkov Ivan V
Bought by
Kurkov Ivan V
Seller's Agent
Sheryl Knowles
Metro Real Estate, LLC
Buyer's Agent
Ericia Lorentzen
American Dream Realty, LLC
List Price
$365,000
Sold Price
$403,500
Premium/Discount to List
$38,500
10.55%
Current Estimated Value
$917,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$513,500
Avg. Annual Appreciation
10.63%
Original Mortgage
$422,401
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 30, 2017
Closed on
Jul 14, 2017
Sold by
Howard Christian Shane and Tate Perri L
Bought by
Kurkov Ivan V
Seller's Agent
Sheryl Knowles
Metro Real Estate, LLC
Buyer's Agent
Ericia Lorentzen
American Dream Realty, LLC
List Price
$365,000
Sold Price
$403,500
Premium/Discount to List
$38,500
10.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,401
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 2017
Sold by
Pondera Properties Llc
Bought by
Howard Christian Shane and Tate Perri L

Purchase Details

Closed on
Feb 6, 2007
Sold by
Tate Perri L and Howard Christian Shane
Bought by
Pondera Properties Llc

Purchase Details

Closed on
May 10, 2006
Sold by
Kongruengkit Kiattisak
Bought by
Kongkham Chiengthong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,370
Interest Rate
6.56%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 31, 2005
Sold by
2004 Eastside Inc
Bought by
Kongkham Chiengthong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
7.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 7, 2005
Sold by
Summer Glen Apartments Llc
Bought by
2004 Eastside Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,650,864
Interest Rate
5.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 24, 1998
Sold by
Rafatjah Richard
Bought by
Summer Glen Apartments Llc

Purchase Details

Closed on
Feb 14, 1997
Sold by
Sherling Arthur R and Sherling Marilyn I
Bought by
Rafatjah Richard and Rafatjah Inga Britta
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
Kurkov Ivan V -- Attorneys Title
Kurkov Ivan V $403,219 Attorneys Title
Howard Christian Shane -- Attorneys Title
Pondera Properties Llc -- None Available
Kongkham Chiengthong -- Stewart Title
Howard C Shane $443,700 Stewart Title
Kongkham Chiengthong $390,000 Lawyers Title Agency Of Sout
2004 Eastside Inc $2,980,000 Lawyers Title Agency Of Sout
Summer Glen Apartments Llc $205,800 Commonwealth Title Co
Rafatjah Richard $176,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kurkov Ivan V $422,401
Previous Owner Howard C Shane $354,960
Previous Owner Kongkham Chiengthong $312,000
Previous Owner 2004 Eastside Inc $2,650,864
Closed Kongkham Chiengthong $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2017 07/19/17 Sold $403,500 +10.5% $108 / Sq Ft
04/03/2017 04/03/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $365,000 -- $98 / 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 $8,907 $954,200 $273,300 $680,900
2024 $8,907 $853,300 $260,400 $592,900
2023 $8,907 $861,500 $260,400 $601,100
2022 $8,612 $800,500 $285,800 $514,700
2021 $8,089 $614,100 $174,700 $439,400
2019 $6,063 $550,800 $151,800 $399,000
2018 $6,177 $485,700 $143,400 $342,300
2017 $4,894 $436,800 $118,200 $318,600
2016 $4,304 $340,300 $84,300 $256,000
2014 $3,595 $323,400 $88,200 $235,200
2013 $3,595 $281,700 $80,300 $201,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1097513

Northwest Multiple Listing Service (NWMLS)

APN: 571900-0070