Listed by eXp Realty, Bought with Terry Wise & Associates
NOT LISTED FOR SALE

326 State St Unit A/B Sumner, WA 98390

Estimated Value: $534,326 - $647,000

4 Beds
3 Baths
2,010 Sq Ft
$306/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $600,000 $299 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,665/month

45 Days on Market

Highlights

  • Territorial View
  • No HOA
  • Patio
  • Maple Lawn Elementary School Rated A-
  • Thermal Windows
  • Vinyl Plank Flooring

About This Home

As of May 2024

Rambler style side by side DUPLEX in the heart of downtown Sumner! Great investment opportunity to live in 1 unit and rent the other. Unit A has 2 beds & 1.75 baths, featuring LVP flooring & all appliances. Unit B has 2 beds and 1 bath, remodeled in 2019 which included doors, millwork, carpet, LVP flooring, water heater and paint. Each unit approx. 1005 sf, eating area, thermal windows, & spacious living rooms. Both units have their own washer/dryer, hot water tank & electrical panels. New electrical panel installed in unit A in 2018. Yard is partially fenced, plenty of parking w/ carport for unit A. 50 year PVC roof installed in 2022. Walking distance to the light rail, explore all downtown Sumner offers w/ easy access to HWY 167 and 410.

Last Agent to Sell the Property

Andrew Hayashi

eXp Realty License #22022585 Listed on: 03/13/2024

eXp Realty

Co-Listed By

Karina Hayashi

eXp Realty License #21035762

Last Buyer's Agent

Caitie McPherrin

Terry Wise & Associates License #116264

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2201587

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,916

Year Built

  • Built in 1935

Lot Details

  • 8,388 Sq Ft Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Block Foundation
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,010 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Parking

  • 5 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sumner Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4250000972

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,916

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1935
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2010
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: See Remarks
  • View: Territorial
  • Lot Features: Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stucco, Wood
  • Foundation Details: Block
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Sumner
  • WaterCompany: City of Sumner
  • WaterSewerGarbage: 2940

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 4250000972
  • Lot Size Acres: 0.1926
  • Lot Size Sq Ft: 8388
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3800

Multi Family

  • Gross Scheduled Income: 45600
  • Net Operating Income: 36306
  • Number Of Units Total: 2
  • Insurance Expense: 1438
  • Leasable Area: 2010
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4916

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
May 13, 2024
Sold by
Brunet Christian
Bought by
Pio Jeremy Greg and Pio Gabrielle
Seller's Agent
Andrew Hayashi
eXp Realty
Buyer's Agent
Caitie McPherrin
Terry Wise & Associates
List Price
$630,000
Sold Price
$600,000
Premium/Discount to List
-$30,000
-4.76%
Views
90
Current Estimated Value
$614,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,082
Avg. Annual Appreciation
1.67%
Original Mortgage
$570,000
Outstanding Balance
$561,916
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$52,166

Purchase Details

Listed on
Jan 29, 2018
Closed on
Apr 25, 2018
Sold by
Steere Richard L and Green Michael D
Bought by
Brunet Christian
Seller's Agent
Denise Llewellyn
Llewellyn Real Estate
Buyer's Agent
Andrew Hayashi
eXp Realty
List Price
$349,900
Sold Price
$320,000
Premium/Discount to List
-$29,900
-8.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.95%
Original Mortgage
$314,204
Interest Rate
4.45%
Mortgage Type
FHA

Purchase Details

Closed on
May 31, 2005
Sold by
Green Loretta M
Bought by
Green Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 27, 2005
Sold by
Satran Michael J
Bought by
Satran Michael J and Satran Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
5.74%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Pio Jeremy Greg $600,000 Ticor Title
Brunet Christian $319,719 Stewart Title Company
Green Michael D -- Chicago Title
Steere Richard L -- Chicago Title
Steere Richard L $190,000 Chicago Title
Satran Michael J -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pio Jeremy Greg $570,000
Previous Owner Brunet Christian $314,204
Previous Owner Steere Richard L $152,000
Previous Owner Satran Michael J $265,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2024 05/17/24 Sold $600,000 0.0% $299 / Sq Ft
04/27/2024 04/27/24 Pending -- -- --
04/03/2024 04/03/24 Price Changed $599,999 -4.8% $299 / Sq Ft
03/13/2024 03/13/24 For Sale $630,000 +96.9% $313 / Sq Ft
05/02/2018 05/02/18 Sold $320,000 -4.4% $159 / Sq Ft View Prior Sale
03/28/2018 03/28/18 Pending -- -- --
02/12/2018 02/12/18 Price Changed $334,900 -4.3% $167 / Sq Ft
01/29/2018 01/29/18 For Sale $349,900 -- $174 / 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 $4,754 $524,500 $221,400 $303,100
2024 $4,754 $476,100 $225,500 $250,600
2023 $4,754 $459,300 $225,500 $233,800
2022 $4,509 $487,900 $225,000 $262,900
2021 $4,134 $313,400 $137,500 $175,900
2019 $3,280 $284,300 $115,600 $168,700
2018 $3,322 $262,400 $99,200 $163,200
2017 $2,673 $234,600 $81,800 $152,800
2016 $2,256 $176,100 $58,300 $117,800
2014 $2,006 $169,300 $61,100 $108,200
2013 $2,006 $148,500 $55,600 $92,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2201587

Northwest Multiple Listing Service (NWMLS)

APN: 425000-0972