Listed by Keller Williams Realty PS
NOT LISTED FOR SALE

5808 March Ln Sumner, WA 98390

Estimated Value: $771,000 - $1,215,000

2 Beds
5 Baths
3,168 Sq Ft
$291/Sq Ft Est. Value

Last Sold December 11, 2015

Last sale price $370,000 $117 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $5,471/month

39 Days on Market

Highlights

  • Territorial View
  • Cul-De-Sac
  • High Speed Internet
  • Sumner Middle School Rated A-
  • Patio
  • Partially Fenced Property

About This Home

As of December 2015

All units are same with small variations with 2 bdrms, 1.5 bath, laundry room & oversized 1 car garage. Great opportunity to be owner/landlord/occupant with positive cash flow. End unit with largest yard is vacant and viewable. Located on a cul-de-sac. Please be discreet as units A and B are occupied and long term tenants. Brand new carpet and freshly painted throughout unit C. Exterior painted summer of 2015. Great location and close to shopping, freeway, downtown & parks. NO sign on Property.

Last Agent to Sell the Property

Dan Dennis

Keller Williams Realty PS License #8024 Listed on: 09/25/2015

Keller Williams Realty PS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 851896

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,640

Year Built

  • Built in 1981

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 130 x 74
  • Cul-De-Sac
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,168 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 3 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • Daffodil Vly Elementary School
  • Sumner Middle School
  • Sumner Snr High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • E Sumner Garden Tracts Condos
  • Sumner Subdivision

Listing and Financial Details

  • Legal Lot and Block 11 / 2
  • Assessor Parcel Number 3585010180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,640

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1981
  • Buyer Agency Compensation: **3**
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: E Sumner Garden Tracts
  • New Construction: No
  • CalculatedSquareFootage: 3168
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Sumner
  • WaterCompany: Sumner
  • WaterSewerGarbage: 5050

Schools

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

Lot Info

  • Parcel Number: 3585010180
  • Lot Size Acres: 0.2066
  • Lot Size: 130 x 74
  • Lot Size Sq Ft: 9000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Outbuildings,Patio
  • MLSLotSizeSource: Public Records
  • ZoningClass: Multi-Family
  • LotNumber: 11

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 2740

Multi Family

  • Gross Scheduled Income: 32880
  • Net Operating Income: 21016
  • Number Of Units Total: 3
  • Insurance Expense: 1374
  • Leasable Area: 3168
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2015
  • Tax Annual Amount: 3640

MLS Schools

  • Elementary School: Daffodil Vly Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2015
Closed on
Dec 9, 2015
Sold by
C & H Re Investors Llc
Bought by
Houghton Donald and Houghton April
Seller's Agent
Dan Dennis
Keller Williams Realty PS
List Price
$389,950
Sold Price
$370,000
Premium/Discount to List
-$19,950
-5.12%
Current Estimated Value
$920,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$550,883
Avg. Annual Appreciation
9.73%
Original Mortgage
$361,416
Outstanding Balance
$291,677
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$629,206

Purchase Details

Closed on
Nov 5, 2009
Sold by
Gmac Mortgage Llc
Bought by
C & H Re Investors Llc

Purchase Details

Closed on
Aug 31, 2009
Sold by
Ugas Albert and Ugas Luann G
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corporation

Purchase Details

Closed on
Oct 22, 2006
Sold by
Lewis Robert R and Lewis Shirley L
Bought by
Ugas Albert and Ugas Luann G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Houghton Donald $369,719 Fidelity National Title
C & H Re Investors Llc $270,000 Fidelity Natl Title Ins Co
Gmac Mortgage Llc $306,000 First American Title Ins Co
Ugas Albert $375,000 Rainier Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houghton Donald $361,416
Previous Owner Ugas Albert $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2015 12/11/15 Sold $370,000 -5.1% $117 / Sq Ft
11/04/2015 11/04/15 Pending -- -- --
09/25/2015 09/25/15 For Sale $389,950 -- $123 / 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 $7,069 $890,700 $246,300 $644,400
2024 $7,069 $781,800 $231,000 $550,800
2023 $7,069 $683,500 $231,000 $452,500
2022 $6,903 $753,400 $253,500 $499,900
2021 $6,544 $496,600 $154,900 $341,700
2019 $5,027 $460,300 $136,900 $323,400
2018 $5,226 $402,600 $117,500 $285,100
2017 $4,106 $369,400 $96,900 $272,500
2016 $3,640 $285,800 $69,100 $216,700
2014 $2,990 $273,400 $72,300 $201,100
2013 $2,990 $236,100 $65,900 $170,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 851896

Northwest Multiple Listing Service (NWMLS)

APN: 358501-0180