Listed by Keller Williams Downtown Sea, Bought with John L. Scott, Inc
NOT LISTED FOR SALE

414 Sumner Ave Sumner, WA 98390

Estimated Value: $635,000 - $697,000

2 Beds
3 Baths
2,800 Sq Ft
$233/Sq Ft Est. Value

Last Sold October 13, 2017

Last sale price $360,000 $129 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,893/month

17 Days on Market

Highlights

  • Wood Flooring
  • Thermal Windows
  • Property is in very good condition
  • Maple Lawn Elementary School Rated A-
  • High Speed Internet
  • 4-minute walk to Loyalty Park

About This Home

As of October 2017

Remarkably clean & well preserved triplex in quiet down town Sumner. 2 bedroom with separate exterior entrance, 1 bedroom unit with new paint & flooring, a large studio recently remodeled with a new kitchen & bathroom & floors. The Unfinished attic is a blank canvas for additional 1100 sq ft unit w/vaulted ceilings. Property has Mt Rainier Views, walking distance to Sounder Train, Loyalty Park, schools, and Sumner’s finest shops & plenty of off street parking partially fenced and has walkways.

Last Agent to Sell the Property

Nicholas Vilvandre'

Keller Williams Downtown Sea License #107068 Listed on: 08/25/2017

Keller Williams Downtown Sea

Last Buyer's Agent

Troy Kerr

John L. Scott, Inc License #24359

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1181959

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,498

Year Built

  • Built in 1900

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 71 x 166 x 71 x 166
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,800 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Laminate
  • Vinyl

Parking

  • 5 Parking Spaces
  • Open Parking

Schools

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

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Sumner Subdivision

Listing and Financial Details

  • Assessor Parcel Number 906010-063-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,498

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
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2800
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: 50/50
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Vinyl
  • Interior Amenities: Forced Air, Hardwood, Laminate Hardwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Triplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Security: FullyFenced
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Buyer to Verify
  • SewerCompany: Buyer to Verify
  • WaterCompany: Buyer to Verify

Schools

  • Junior High Dist: Sumner
  • High School: Sumner Snr High
  • Middle Or Junior School: Sumner Middle

Lot Info

  • Parcel Number: 906010-063-3
  • Lot Size Acres: 0.2758
  • Lot Size: 71 x 166 x 71 x 166
  • Lot Size Sq Ft: 12016
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 2955

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3498

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 400
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Bonney Lake Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2017
Closed on
Oct 9, 2017
Sold by
Lynch Michael P and Lynch Chastine M
Bought by
Giroux George Edward and Giroux Rachelle Lynn
Seller's Agent
Nicholas Vilvandre'
Keller Williams Downtown Sea
Buyer's Agent
Troy Kerr
John L. Scott, Inc
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%
Current Estimated Value
$652,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,852
Avg. Annual Appreciation
7.51%
Original Mortgage
$270,000
Outstanding Balance
$225,526
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$427,326

Purchase Details

Listed on
Jan 25, 2017
Closed on
Feb 27, 2017
Sold by
Blaker Christopher Steven
Bought by
Lynch Michael P and Lynch Chastine M
Seller's Agent
Josh Norris
John L. Scott, Inc.
Buyer's Agent
Nicholas Vilvandre'
Keller Williams Downtown Sea
List Price
$315,000
Sold Price
$335,000
Premium/Discount to List
$20,000
6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.31%
Original Mortgage
$251,625
Interest Rate
4.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Giroux George Edward $359,719 F A T C O
Lynch Michael P $335,219 Cw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giroux George Edward $270,000
Previous Owner Lynch Michael P $251,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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% -- View Prior Sale
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)

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 $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

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1181959

Northwest Multiple Listing Service (NWMLS)

APN: 906010-0633