NOT LISTED FOR SALE

16025 40th St E Sumner, WA 98391

Estimated Value: $324,000 - $1,039,000

3 Beds
1 Bath
896 Sq Ft
$771/Sq Ft Est. Value

About This Home

This home is located at 16025 40th St E, Sumner, WA 98391 and is currently estimated at $691,000, approximately $771 per square foot. 16025 40th St E is a home located in Pierce County with nearby schools including Crestwood Elementary School, Sumner Middle School, and Sumner High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2025
Sold by
Morton Benjamin Bruce and Morton Melissa Nielsen
Bought by
Mpm Homestead 2 Llc
Current Estimated Value
$691,000

Purchase Details

Closed on
Jan 31, 2018
Sold by
Loflin George A
Bought by
Morton Benjamin B and Morton Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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.

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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.

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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.

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Quantarium

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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

Date Buyer Sale Price Title Company
Mpm Homestead 2 Llc -- None Listed On Document
Morton Benjamin B $144,719 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morton Benjamin B $125,000
Source: Public Records

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 $3,904 $393,500 $393,500 --
2023 $3,904 $371,900 $371,900 $0
2022 $3,294 $371,900 $371,900 $0
2021 $3,271 $242,200 $242,200 $0
2019 $1,181 $216,200 $216,200 $0
2018 $2,222 $183,000 $183,000 $0
2017 $1,978 $151,600 $151,600 $0
2016 $1,684 $120,300 $120,300 $0
2014 $964 $112,900 $112,900 $0
2013 $964 $109,800 $109,800 $0
Source: Public Records

Map

Washington Pierce County Sumner 98391

16025 40th St E, Sumner, WA

This home is located at 16025 40th St E, Sumner, WA 98391 and is currently estimated at $691,000, approximately $771 per square foot. 16025 40th St E is a home located in Pierce County with nearby schools including Crestwood 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.

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