Listed by Better Properties Kent LLC, Bought with Coldwell Banker Bain
NOT LISTED FOR SALE

5116 Parker Rd E Sumner, WA 98390

Estimated Value: $1,056,000 - $1,083,513

8 Beds
7 Baths
4,512 Sq Ft
$237/Sq Ft Est. Value

Last Sold November 08, 2013

Last sale price $412,500 $91 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $6,355/month

About This Home

As of November 2013

back on the market to to buyers financing ......

Beautifully kept up. New Roof Aug. 2011, All new paint Aug. 2011 Covered parking with storage. Extra parking. Nice back patio with yard, close to town. Each bedroom connects to bath upstairs. Sunken living room with fireplace. Most have new carpet and paint. Under recent appraised value. most have new appliances and fixtures. Priced right !!!!!! room to build more....

Last Agent to Sell the Property

Jim Burton

Better Properties Kent LLC License #90158 Listed on: 10/01/2013

Better Properties Kent LLC

Last Buyer's Agent

Ryan Karns

Coldwell Banker Bain License #73838

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 550372

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,111

Year Built

  • Built in 1982

Lot Details

  • 0.37

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property

Parking

  • 10 Parking Spaces
  • Open Parking

Community Details

  • Sumner Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0520196057

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,111

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1982
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 10

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric

Schools

  • Junior High Dist: Sumner

Lot Info

  • Parcel Number: 0520196057
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3500

Tax Info

  • Year: 2012
  • Tax Annual Amount: 2111

Multi Family

  • Number Of Units Total: 4
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2013
Closed on
Nov 6, 2013
Sold by
J & R Properties Llc
Bought by
Peterson Brian
Seller's Agent
Jim Burton
Better Properties Kent LLC
Buyer's Agent
Ryan Karns
Coldwell Banker Bain
List Price
$435,000
Sold Price
$412,500
Premium/Discount to List
-$22,500
-5.17%
Current Estimated Value
$1,069,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$657,257
Avg. Annual Appreciation
8.12%
Original Mortgage
$288,750
Outstanding Balance
$215,676
Interest Rate
4.27%
Mortgage Type
Commercial
Estimated Equity
$854,081

Purchase Details

Closed on
Sep 7, 2012
Sold by
Melnyk Robert J and Melnyk Linda L
Bought by
J & R Properties Llc

Purchase Details

Closed on
May 24, 2011
Sold by
J & R Properties Enterprises Llc
Bought by
Melnyk Robert J and Melnyk Linda L

Purchase Details

Closed on
Jan 22, 2009
Sold by
Proctor Development Llc
Bought by
Melnyk Robert J and Melnyk Linda L

Purchase Details

Closed on
Jul 16, 2007
Sold by
Scott Ron G
Bought by
Proctor Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Interest Rate
6.51%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 7, 2004
Sold by
Scott Lisa M
Bought by
Scott Ron C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
5.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 21, 2003
Sold by
Scott Lisa Morrell
Bought by
Scott Ron C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Peterson Brian $412,500 First American Title Insuran
J & R Properties Llc -- None Available
Melnyk Robert J -- None Available
Melnyk Robert J -- Accommodation
J & R Properties Enterprises Llc -- Pnwt
Proctor Development Llc $525,000 Transnation Title Ins Co
Scott Ron C -- Rainier Title Company
Scott Ron C -- Transnation Title Ins Co
Scott Ron C $300,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Brian $288,750
Previous Owner Proctor Development Llc $564,000
Previous Owner Scott Ron C $12,000
Previous Owner Scott Ron C $240,000
Closed Scott Ron C $45,000
Closed Scott Ron C $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2013 11/08/13 Sold $412,500 -5.2% $91 / Sq Ft
10/01/2013 10/01/13 Pending -- -- --
10/01/2013 10/01/13 For Sale $435,000 -- $96 / 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 $9,799 $1,133,400 $271,300 $862,100
2024 $9,799 $998,600 $258,200 $740,400
2023 $9,799 $947,900 $258,200 $689,700
2022 $9,439 $873,400 $283,400 $590,000
2021 $8,889 $674,900 $173,200 $501,700
2019 $6,512 $606,800 $150,300 $456,500
2018 $6,838 $521,800 $129,100 $392,700
2017 $5,369 $483,600 $106,400 $377,200
2016 $4,763 $375,700 $75,900 $299,800
2014 $3,906 $357,900 $79,400 $278,500
2013 $3,906 $308,300 $72,300 $236,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 550372

Northwest Multiple Listing Service (NWMLS)

APN: 052019-6057