Listed by John L. Scott, Inc
$689,950
$30K PRICE DROP

414 Sumner Ave Sumner, WA 98390

Estimated payment $4,225/month

Total Views 16,129
3 Beds
3 Baths
2,584 Sq Ft
$267 Price per Sq Ft

Highlights

  • Territorial View
  • Softwood Flooring
  • Forced Air Heating System
  • Maple Lawn Elementary School Rated A-
  • No HOA
  • 4-minute walk to Loyalty Park

About This Home

Located on a quiet street in downtown Sumner, this craftsman style triplex is full of character & charm. Property features three one bed units which have been recently renovated. An 860 sq. ft. separately metered attic w/ 14’ vaulted ceilings provides an excellent opportunity to create a 4th rentable unit or finish the space for owner occupancy. Lrg basement offers ample storage. Current below market rents present strong potential for increased income. Property includes 4 parking spaces plus abundant off-street parking. Recent updates include complete rewiring with all units separately metered for gas and electricity. Enjoy Mount Rainier views from this unique property. An outstanding investment opportunity in a highly desirable location.

Listing Agent

Troy Kerr

John L. Scott, Inc License #24359 Listed on: 02/20/2025

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2329115

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,679

Year Built

  • Built in 1900

Lot Details

  • 0.28 Acre Lot
  • Value in Land
  • Property is in good condition

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,584 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Softwood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Outbuilding

Schools

  • Bonney Lake Elementary School
  • Sumner Middle School
  • Bonney Lake High School

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Thompsons L F Rep # 1 Condos
  • Downtown Sumner Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9060100633

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,679

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1900
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: Thompsons L F Rep # 1
  • New Construction: No
  • CalculatedSquareFootage: 2584
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 192

Interior Features

  • Possible Use: Multi-Family, Residential
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Softwood, Vinyl, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Sidewalk, Value In Land
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Sumner
  • WaterCompany: City of Sumner
  • WaterSewerGarbage: 3756

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 9060100633
  • Lot Size Acres: 0.2758
  • Lot Size Sq Ft: 12016
  • Zoning Description: Multi-Family,Residential
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available,Outbuildings
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 17.93
  • LeasedItems: None
  • TotalMonthlyIncome: 3485

Multi Family

  • Gross Scheduled Income: 41820
  • Net Operating Income: 28477
  • Number Of Units Total: 3
  • Electric Expense: 1080
  • Insurance Expense: 2828
  • Leasable Area: 2104
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5679

MLS Schools

  • Elementary School: Bonney Lake Elem

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $5,679 $571,400 $253,200 $318,200
2024 $5,679 $590,700 $238,100 $352,600
2023 $5,679 $548,900 $238,100 $310,800
2022 $5,311 $523,100 $261,300 $261,800
2021 $5,069 $384,500 $159,700 $224,800
2019 $4,071 $361,600 $136,600 $225,000
2018 $4,234 $325,900 $117,300 $208,600
2017 $3,498 $299,200 $96,600 $202,600
2016 $2,868 $232,800 $68,900 $163,900
2014 $2,642 $215,300 $72,200 $143,100
2013 $2,642 $195,300 $65,700 $129,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Price Changed $689,950 -1.4% $267 / Sq Ft
03/21/2025 03/21/25 Price Changed $699,500 -2.8% $271 / Sq Ft
02/20/2025 02/20/25 For Sale $719,500 +99.9% $278 / Sq Ft
10/13/2017 10/13/17 Sold $360,000 -4.0% $129 / Sq Ft
09/12/2017 09/12/17 Pending -- -- --
09/06/2017 09/06/17 For Sale $375,000 0.0% $134 / Sq Ft
09/01/2017 09/01/17 Pending -- -- --
08/25/2017 08/25/17 For Sale $375,000 +11.9% $134 / Sq Ft
03/02/2017 03/02/17 Sold $335,000 +6.3% --
02/02/2017 02/02/17 Pending -- -- --
02/02/2017 02/02/17 For Sale $315,000 0.0% --
01/27/2017 01/27/17 Pending -- -- --
01/25/2017 01/25/17 For Sale $315,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $359,719 F A T C O
Warranty Deed $335,219 Cw Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $270,000 New Conventional
Closed $270,000 New Conventional
Previous Owner $251,625 New Conventional
Previous Owner $246,917 FHA
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2329115

Northwest Multiple Listing Service (NWMLS)

APN: 906010-0633

Washington Pierce County Sumner 98390

414 Sumner Ave, Sumner, WA

This home is located at 414 Sumner Ave, Sumner, WA 98390 and is currently priced at $689,950, approximately $267 per square foot. This property was built in 1900. 414 Sumner Ave is a home located in Pierce County with nearby schools including Maple Lawn 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
Troy Kerr
Listing Agent
Troy Kerr
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John L. Scott, Inc
(253) 342-4219