NOT LISTED FOR SALE

412 State St Unit A & B Sumner, WA 98390

Estimated Value: $616,000 - $709,000

4 Beds
2 Baths
1,852 Sq Ft
$349/Sq Ft Est. Value

Last Sold September 08, 2021

Last sale price $610,000 $329 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,033/month

7 Days on Market

Highlights

  • Patio
  • Ceramic Tile Flooring
  • Property is Fully Fenced
  • Maple Lawn Elementary School Rated A-
  • High Speed Internet
  • Wood Siding

About This Home

As of September 2021

INVESTOR ALERT! Beautiful remodeled duplex in a prime location in a quiet neighborhood. NO HOA. Walking distance to the Sounder. Easy access to the freeway. Close to Downtown. Each side has 2bd 1bth aprox. 926sf, 1 car garage. One side has been fully remolded (kitchen & bathroom, ss appl, larger kitchen than other side, newer carpet, int paint). The other side has been remodeled, and still has the original cabinets, int paint, newer flooring. Newer roof, windows, gutters, and ext paint. Rent out both sides, or live in one of the sides, and rent the other. COME SEE THIS GEM! It won't last long.

Last Listed By

Jed Wright

John L. Scott, Inc. License #135533 Listed on: 07/29/2021

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1811713

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,422

Year Built

  • Built in 1984 | Remodeled

Lot Details

  • 9,890 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Property is Fully Fenced

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,852 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl Plank

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Greenlawn Add Of Sumner Condos
  • Sumner Subdivision

Listing and Financial Details

  • Legal Lot and Block 12, 13, 14 / 13
  • Assessor Parcel Number 425000-069-5

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,422

Year Built

Built in 1984 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1984
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Greenlawn Add of Sumner
  • New Construction: No
  • CalculatedSquareFootage: 1852
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: IF LA EQUALS SA ADJ COMM
  • Special Features: None
  • Cumulative Days on Market: 250

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl Plank, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: SecuritySystem, PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Sumner
  • WaterCompany: Sumner
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 425000-069-5
  • Lot Size Acres: 0.227
  • Lot Size: 50x100
  • Lot Size Sq Ft: 9890
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet,Outbuildings,Patio
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 12, 13, 14

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1400

Tax Info

  • Year: 2021

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 1852
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Sep 2, 2021
Sold by
Santiago Vincent W and Santiago Celine M
Bought by
Caban Ruben and Caban Jessica Lynn
Seller's Agent
Jed Wright
John L. Scott, Inc.
Buyer's Agent
Ryan McGhie
Rennie Group
List Price
$575,000
Sold Price
$610,000
Premium/Discount to List
$35,000
6.09%
Total Days on Market
7
Current Estimated Value
$646,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,008
Avg. Annual Appreciation
1.58%
Original Mortgage
$598,951
Outstanding Balance
$550,906
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$95,102

Purchase Details

Closed on
Nov 25, 2015
Sold by
Abel James L and Abel Stephanie L
Bought by
Santiago Vincent W and Santiago Celine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,750
Interest Rate
3.76%
Mortgage Type
VA

Purchase Details

Closed on
Mar 25, 1999
Sold by
Olson Randall T
Bought by
Abel James L and Abel Stephanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,696
Interest Rate
6.79%
Mortgage Type
FHA

Range of Values:

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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
Caban Ruben $610,000 Stewart Title
Santiago Vincent W $277,219 Cw Title
Abel James L $128,750 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caban Ruben $70,000
Open Caban Ruben $598,951
Previous Owner Santiago Vincent W $310,000
Previous Owner Santiago Vincent W $249,750
Previous Owner Abel James L $236,250
Previous Owner Abel James L $152,000
Previous Owner Abel James L $127,696
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2021 09/08/21 Sold $610,000 +6.1% $329 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $575,000 -- $310 / 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
2024 $5,422 $543,800 $248,300 $295,500
2023 $5,422 $524,000 $248,300 $275,700
2022 $5,141 $557,200 $247,800 $309,400
2021 $4,700 $356,400 $151,400 $205,000
2019 $3,838 $328,800 $128,300 $200,500
2018 $3,898 $307,200 $110,100 $197,100
2017 $3,109 $275,400 $90,800 $184,600
2016 $2,639 $206,700 $64,700 $142,000
2014 $2,241 $198,100 $67,800 $130,300
2013 $2,241 $172,000 $61,700 $110,300
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

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Northwest Multiple Listing Service (NWMLS)

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