Listed by Real Estate With Nik & Co, Bought with HomeSmart Real Estate Assoc
NOT LISTED FOR SALE

5823 162nd Ave E Sumner, WA 98390

Estimated Value: $497,000 - $556,409

3 Beds
1 Bath
1,360 Sq Ft
$384/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $450,000 $331 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,140/month

8 Days on Market

Highlights

  • RV Access or Parking
  • 0.52 Acre Lot
  • 2 Car Detached Garage
  • Sumner Middle School Rated A-
  • No HOA
  • Level Lot

About This Home

As of December 2022

Attention buyers looking for the perfect investment property! Home fully remodeled ready to be owner occupied or rent it out. 1/2 acre zoned MDR. Sub-dividable or add a duplex with the existing home. Sewer right in front of the house if buyer chooses to make multifamily. The current home has been fully remodeled new windows, roof, new paint in & out, new carpet & vinyl floors, electrical panel, SS appliances, millwork, lights, etc.. No HOA. 480 Sq Ft Detached garage! Priced to Sale!

Last Agent to Sell the Property

Nikki Leske

Real Estate With Nik & Co License #26917 Listed on: 11/15/2022

Last Buyer's Agent

Perisi Tausa

HomeSmart Real Estate Assoc License #120945

HomeSmart Real Estate Assoc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2017123

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,754

Year Built

  • Built in 1940

Lot Details

  • 0.52 Acre Lot
  • Level Lot
  • Zoning described as MDR

Parking

  • 2 Car Detached Garage
  • RV Access or Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,360 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Full Bathroom

Utilities

  • Septic Tank
  • Septic System

Community Details

  • No Home Owners Association
  • Sumner Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9225000590

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,754

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1940
  • Inclusions: Dishwasher,Microwave,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1360
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Microwave, Stove/Range
  • Full Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Interior Amenities: Forced Air, Laminate, Wall to Wall Carpet
  • Living Area: 1360
  • Main Level Bedrooms: 1
  • Bathrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 1360
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher,Microwave,Stove/Range
  • FireplacesLower: 1

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Detached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Utilities: Septic System, Natural Gas Connected
  • HeatingCoolingType: Forced Air
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: City of Sumner

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Sumner-Bonney Lake
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 9225000590
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.5177
  • Lot Size Sq Ft: 22550
  • Zoning Description: MDR
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: RV Parking
  • MLSLotSizeSource: Tax Assessor
  • MLSSquareFootageSource: Seller Measured
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4754

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2022
Closed on
Dec 15, 2022
Sold by
Taylor Pro Llc
Bought by
Avaava Melissa J and Avaava Faipea
Seller's Agent
Nikki Leske
Real Estate With Nik & Co
Buyer's Agent
Perisi Tausa
HomeSmart Real Estate Assoc
List Price
$449,950
Sold Price
$450,000
Premium/Discount to List
$50
0.01%
Views
13
Current Estimated Value
$522,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,852
Avg. Annual Appreciation
5.41%
Original Mortgage
$300,000
Outstanding Balance
$291,594
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$227,740

Purchase Details

Listed on
Oct 7, 2021
Closed on
Jan 31, 2022
Sold by
Armstrong Toni L
Bought by
Taylor Pro Llc
Seller's Agent
Melissa Harris
The Agency Seattle
Buyer's Agent
Nikki Leske
Real Estate With Nik & Co
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.50%
Original Mortgage
$395,000
Interest Rate
2.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Avaava Melissa J -- Land Title
Taylor Pro Llc $400,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avaava Melissa J $300,000
Previous Owner Taylor Pro Llc $395,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $450,000 0.0% $331 / Sq Ft
11/23/2022 11/23/22 Pending -- -- --
11/15/2022 11/15/22 For Sale $449,950 +12.5% $331 / Sq Ft
02/01/2022 02/01/22 Sold $400,000 -5.9% $373 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
11/28/2021 11/28/21 Price Changed $425,000 -5.6% $396 / Sq Ft
10/07/2021 10/07/21 For Sale $450,000 -- $420 / 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 $4,419 $478,500 $293,000 $185,500
2024 $4,419 $445,900 $282,700 $163,200
2023 $4,419 $426,900 $282,700 $144,200
2022 $4,443 $447,500 $310,300 $137,200
2021 $507 $310,600 $189,600 $121,000
2019 $538 $299,800 $167,300 $132,500
2018 $549 $267,800 $143,600 $124,200
2017 $557 $240,300 $118,400 $121,900
2016 $817 $181,500 $84,400 $97,100
2014 $1,484 $173,200 $88,400 $84,800
2013 $1,484 $156,900 $80,500 $76,400
Source: Public Records

Agents Affiliated with this Home

  • Nikki Leske

    Seller's Agent in 2022

    Nikki Leske

    Real Estate With Nik & Co

    (253) 224-0004

    3 in this area

    197 Total Sales

    Nikki Leske
    Section Image
  • Melissa Harris

    Seller's Agent in 2022

    Melissa Harris

    The Agency Seattle

    (206) 853-9825

    1 in this area

    137 Total Sales

    Melissa Harris
    Section Image
  • Perisi Tausa

    Buyer's Agent in 2022

    Perisi Tausa

    HomeSmart Real Estate Associates

    (253) 359-4024

    2 in this area

    18 Total Sales

    Perisi Tausa
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2017123

Northwest Multiple Listing Service (NWMLS)

APN: 922500-0590

Washington Pierce County Sumner 98390

5823 162nd Ave E, Sumner, WA

This home is located at 5823 162nd Ave E, Sumner, WA 98390 since 15 November 2022 and is currently estimated at $522,852, approximately $384 per square foot. This property was built in 1940. 5823 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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