5613 162nd Ave E Sumner, WA 98390
Estimated Value: $595,000 - $695,789
3
Beds
2
Baths
1,588
Sq Ft
$405/Sq Ft
Est. Value
About This Home
This home is located at 5613 162nd Ave E, Sumner, WA 98390 and is currently estimated at $642,447, approximately $404 per square foot. 5613 162nd Ave E is a home located in Pierce County with nearby schools including Daffodil Valley Elementary School, Sumner Middle School, and Sumner High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 3, 2006
Sold by
Magden Roy and Magden Dawn
Bought by
Koessel Mark W and Koessel Rhonda A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,600
Outstanding Balance
$145,646
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$496,801
Purchase Details
Closed on
Apr 28, 1999
Sold by
Frontier Contractors Inc
Bought by
Magden Roy F and Magden Dawn F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,800
Interest Rate
6.98%
Purchase Details
Closed on
Nov 16, 1998
Sold by
Rader Lyle J
Bought by
Frontier Contractors Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.84%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Koessel Mark W | $307,000 | None Available | |
| Magden Roy F | $167,259 | Transnation Title Insurance | |
| Frontier Contractors Inc | $40,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Koessel Mark W | $245,600 | |
| Previous Owner | Magden Roy F | $133,800 | |
| Previous Owner | Frontier Contractors Inc | $124,000 |
Source: Public Records
Tax History Compared to Growth
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 | $5,869 | $628,900 | $313,700 | $315,200 |
| 2024 | $5,869 | $601,400 | $306,400 | $295,000 |
| 2023 | $5,869 | $567,300 | $306,400 | $260,900 |
| 2022 | $5,881 | $584,200 | $336,300 | $247,900 |
| 2021 | $5,506 | $417,700 | $205,500 | $212,200 |
| 2019 | $4,515 | $396,100 | $184,000 | $212,100 |
| 2018 | $4,669 | $361,500 | $157,900 | $203,600 |
| 2017 | $3,803 | $330,000 | $130,200 | $199,800 |
| 2016 | $3,161 | $251,800 | $92,900 | $158,900 |
| 2014 | $2,945 | $237,400 | $97,200 | $140,200 |
| 2013 | $2,945 | $213,300 | $88,500 | $124,800 |
Source: Public Records
Map
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