NOT LISTED FOR SALE

1721 16th St Sumner, WA 98390

1 Bed
1 Bath
576 Sq Ft
0.44 Acres

Last Sold January 19, 2024

Last sale price $1,975,000 $3,429 Per Sq Ft

9 Days on Market

Highlights

  • 0.44 Acre Lot
  • No HOA
  • Forced Air Heating System
  • Sumner Middle School Rated A-

About This Home

As of January 2024

Built in 1967, this two story 12-unit community is comprised of spacious one-, two- and three-bedroom units averaging 714 SF. The Daffodil Apartments holds two 6-plex buildings, ample paved surface parking, and a large community backyard. Ripe for remodel, Daffodil Apartments hold 12 classically finished interiors providing investors an opportunity to seek value through interior improvements. Professionally managed and meticulously maintained, this value-add offering is extremely well positioned to provide new ownership immediate returns along with tremendous market growth potential.

Last Agent to Sell the Property

Austin Kelley

Kidder Mathews License #131596 Listed on: 09/11/2023

Last Buyer's Agent

Austin Kelley

Kidder Mathews License #131596 Listed on: 09/11/2023

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2160465

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,129

Year Built

  • Built in 1967

Lot Details

  • 0.44

Home Design

  • Flat Roof Shape
  • Wood Composite

Parking

  • 18 Parking Spaces
  • Open Parking

Additional Features

  • 2-Story Property
  • 0.44 Acre Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Sumner Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9670000065

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,129

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1967
  • Buyer Agency Compensation: 1.75
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • Special Features: None

Interior Features

  • Possible Use: See Remarks
  • Fireplace: No
  • Flooring: See Remarks
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Flat
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 18
  • Open Parking: Yes
  • Total Parking Spaces: 18
  • ParkingUncoveredSpaces: 18

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: Kidder Mathews
  • SewerCompany: Kidder Mathews
  • WaterCompany: Kidder Mathews
  • WaterSewerGarbage: 22293

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Sumner-Bonney Lake

Lot Info

  • Parcel Number: 9670000065
  • Lot Size Acres: 0.4408
  • Lot Size Sq Ft: 19200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Record
  • ZoningJurisdiction: City
  • ZoningClass: See Remarks

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 11
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 16525

Multi Family

  • Gross Scheduled Income: 198303
  • Net Operating Income: 115110
  • Number Of Units Total: 12
  • Insurance Expense: 3600
  • Leasable Area: 8568
  • EnergySource: Electric
  • UnitsInBuildingTotal: 12
  • UnitsBelowGrade: false
  • VacancyRate: 9915

Tax Info

  • Year: 2023
  • Tax Annual Amount: 12129

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $1,975,000 -10.2% $3,429 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
09/11/2023 09/11/23 For Sale $2,200,000 -- $3,819 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Austin Kelley

    Seller's Agent in 2024

    Austin Kelley

    Kidder Mathews

    (360) 705-2800

    1 in this area

    29 Total Sales

    Austin Kelley
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2160465

Northwest Multiple Listing Service (NWMLS)
Washington Pierce County Sumner 98390

1721 16th St, Sumner, WA

This home is located at 1721 16th St, Sumner, WA 98390 since 11 September 2023. This property was built in 1967. 1721 16th St 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) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

Nearby Homes