Listed by RE/MAX All City, Bought with RE/MAX Northwest
NOT LISTED FOR SALE

1809 54th Street Ct E Sumner, WA 98390

Estimated Value: $812,000 - $964,828

8 Beds
6 Baths
4,400 Sq Ft
$202/Sq Ft Est. Value

Last Sold April 28, 2020

Last sale price $660,000 $150 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,432/month

2 Days on Market

Highlights

  • Cul-De-Sac
  • Partially Fenced Property
  • Wall to Wall Carpet
  • Sumner Middle School Rated A-

About This Home

As of April 2020

Money Maker! Well maintained 4 plex w/spacious floor plans. 2 bedrooms up are very BIG... carpets in good condition. Full bath up w/powder on the main. Good sized kitchen w/rm for dining table and slider opens to private patio/back yard, all units have W/D End units have wood burning fireplaces. Recent exterior painting, roof replacement, fence and partitions 2 hot water heaters. Quiet dead end w/ sidewalks, close to charming downtown & Sounder train to Seattle.

Last Agent to Sell the Property

LisaJo Chard

RE/MAX All City License #76983 Listed on: 03/18/2020

RE/MAX All City

Last Buyer's Agent

Travis Duty

RE/MAX Northwest License #79071

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1577686

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,660

Year Built

  • Built in 1978

Lot Details

  • 0.34 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 4,400 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Community Details

  • Sumner Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9670000015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,660

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: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4400
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • 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, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • 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: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • SewerCompany: City of Sumner
  • WaterCompany: City of Sumner
  • WaterSewerGarbage: 4020

Schools

  • Junior High Dist: Sumner

Lot Info

  • Parcel Number: 9670000015
  • Lot Size Acres: 0.3397
  • Lot Size Sq Ft: 14796
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: PCR
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 5075

Multi Family

  • Gross Scheduled Income: 60900
  • Net Operating Income: 48720
  • Number Of Units Total: 4
  • Insurance Expense: 2500
  • Leasable Area: 4400
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 5660

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2020
Closed on
Apr 22, 2020
Sold by
Femridge Holdings Llc
Bought by
Sparks Andrea and Sparks Trevor
Seller's Agent
LisaJo Chard
RE/MAX All City
Buyer's Agent
Travis Duty
RE/MAX Northwest
List Price
$699,950
Sold Price
$660,000
Premium/Discount to List
-$39,950
-5.71%
Current Estimated Value
$888,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,414
Avg. Annual Appreciation
5.63%
Original Mortgage
$495,000
Outstanding Balance
$437,677
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$450,737

Purchase Details

Closed on
Dec 21, 2019
Sold by
Morris James H
Bought by
Fernridge Holdings Llc

Purchase Details

Closed on
Apr 21, 2006
Sold by
Morris Kazumif
Bought by
Morris James H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,600
Interest Rate
1.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 2006
Sold by
Orsillo Deborah
Bought by
Morris James H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,600
Interest Rate
1.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 19, 2005
Sold by
Orsillo Mario
Bought by
Orsillo Deborah

Purchase Details

Closed on
May 19, 2000
Sold by
Marble Clifton D
Bought by
Orsillo Mario and Orsillo Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,950
Interest Rate
8.18%
Mortgage Type
Commercial
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
Sparks Andrea $660,000 Chicago Title
Fernridge Holdings Llc $404,597 None Available
Morris James H -- Ticor Title Of Wa Inc
Morris James H $432,000 Ticor Title Of Wa Inc
Orsillo Deborah -- --
Orsillo Mario $219,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sparks Andrea $495,000
Previous Owner Morris James H $345,600
Previous Owner Orsillo Mario $175,950
Closed Orsillo Mario $21,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2020 04/28/20 Sold $660,000 -5.7% $150 / Sq Ft
03/20/2020 03/20/20 Pending -- -- --
03/18/2020 03/18/20 For Sale $699,950 -- $159 / 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 $8,667 $979,200 $265,700 $713,500
2024 $8,667 $877,200 $252,000 $625,200
2023 $8,667 $838,300 $252,000 $586,300
2022 $8,347 $776,400 $276,600 $499,800
2021 $7,872 $597,600 $169,000 $428,600
2019 $5,660 $535,700 $146,000 $389,700
2018 $5,925 $453,400 $125,400 $328,000
2017 $4,655 $418,900 $103,300 $315,600
2016 $4,130 $327,500 $73,700 $253,800
2014 $3,530 $310,300 $77,200 $233,100
2013 $3,530 $267,500 $70,300 $197,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1577686

Northwest Multiple Listing Service (NWMLS)

APN: 967000-0015