Seller's Agent in 2025
Dennis Folk
Terrafin Real Estate
(253) 466-3736
2 in this area
300 Total Sales
Listed by Terrafin, Bought with Skyline Properties, Inc.
508 Cherry Ave Sumner, WA 98390
Estimated Value: $976,856
9
Beds
4
Baths
6,347
Sq Ft
$154/Sq Ft
Est. Value
Highlights
- RV Access or Parking
- 0.66 Acre Lot
- No HOA
- Maple Lawn Elementary School Rated A-
- Mountain View
- Forced Air Heating System
About This Home
As of August 2025An irreplaceable piece of real estate in the heart of downtown Sumner. Simultaneous sale of a single story solid brick 4-plex & 2 story duplex ideal to all renters. These well-maintained adjacent buildings offer sharing access, a generous parking area, carports w/storage lockers plus more off street parking. Community laundry room serves all. 3 Units are 2 Bd/1Bath and 1 unit is 3 Bd/1.5 Bath. Slider to outside covered patio. Duplex has main floor 1 bed/1 bath + upstairs 3 bed/1.75 bath unit has own laundry & spacious deck with Mt. Rainier views! Large 2+car garage. Prime location close to shopping, dining, Sounder station & Loyalty Park. Zoning is High Density Residential (HDR) with a maximum density of 25 dwelling units per acre.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2318458
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,410
Year Built
- Built in 1968
Lot Details
- 28,575 Sq Ft Lot
Property Views
- Mountain
- Limited
Home Design
- Brick Exterior Construction
- Poured Concrete
- Composition Roof
- Wood Composite
Interior Spaces
- 6,347 Sq Ft Home
- 1-Story Property
Flooring
- Carpet
- Vinyl
Parking
- Open Parking
- RV Access or Parking
Schools
- Sumner Middle School
- Sumner Snr High School
Utilities
- Forced Air Heating System
- Heating System Mounted To A Wall or Window
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Snyder's Addition Condos
- Downtown Sumner Subdivision
Listing and Financial Details
- Assessor Parcel Number 7710000034
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 1, 2025
Closed on
Jul 31, 2025
Sold by
Bought by
Seller's Agent
Dennis Folk
Terrafin
Buyer's Agent
Michael Fladseth
Skyline Properties, Inc.
List Price
$1,550,000
Sold Price
$1,400,000
Premium/Discount to List
-$150,000
-9.68%
Views
123
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$423,144
Avg. Annual Appreciation
-35.52%
Original Mortgage
$656,700
Outstanding Balance
$650,484
Interest Rate
6.81%
Mortgage Type
Seller Take Back
Estimated Equity
$326,372
Purchase Details
Closed on
Feb 19, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 24, 2015
Sold by
Bought by
Purchase Details
Closed on
Aug 1, 2012
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,375
Interest Rate
3.62%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 15, 1998
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.79%
Mortgage Type
Seller Take Back
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $850,000 | Ticor Title | ||
| $80,000 | Ticor Title | ||
| -- | None Available | ||
| $320,500 | First American Title Ins Co | ||
| $200,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $656,700 | ||
| Previous Owner | $447,000 | ||
| Previous Owner | $240,375 | ||
| Previous Owner | $200,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | Sold | $1,400,000 | -9.7% | $221 / Sq Ft |
| 07/10/2025 07/10/25 | Pending | -- | -- | -- |
| 05/20/2025 05/20/25 | Price Changed | $1,550,000 | 0.0% | $244 / Sq Ft |
| 05/20/2025 05/20/25 | For Sale | $1,550,000 | -8.8% | $244 / Sq Ft |
| 05/04/2025 05/04/25 | Pending | -- | -- | -- |
| 02/24/2025 02/24/25 | Price Changed | $1,699,990 | -5.6% | $268 / Sq Ft |
| 01/01/2025 01/01/25 | For Sale | $1,800,000 | -- | $284 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $9,270 | $1,041,700 | $268,200 | $773,500 |
| 2024 | $9,270 | $952,400 | $254,800 | $697,600 |
| 2023 | $9,270 | $896,700 | $254,800 | $641,900 |
| 2022 | $8,877 | $825,400 | $279,600 | $545,800 |
| 2021 | $8,487 | $644,300 | $170,900 | $473,400 |
| 2019 | $6,215 | $594,600 | $147,900 | $446,700 |
| 2018 | $6,643 | $497,900 | $127,000 | $370,900 |
| 2017 | $5,209 | $469,800 | $104,700 | $365,100 |
| 2016 | $4,615 | $363,300 | $74,700 | $288,600 |
| 2014 | $3,891 | $346,800 | $78,200 | $268,600 |
| 2013 | $3,891 | $303,300 | $71,200 | $232,100 |
Source: Public Records
Agents Affiliated with this Home
-
Dennis Folk
-
Michael Fladseth
M
Buyer's Agent in 2025
Michael Fladseth
Skyline Properties, Inc
(425) 455-2065
1 in this area
18 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2318458
APN: 771000-0034
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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. ©2026 NWMLS.
Based on information submitted to the MLS GRID
Listings courtesy of Northwest Multiple Listing Service (NWMLS) as distributed by MLS GRID
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