Listed by Home Team Northwest Inc, Bought with RE/MAX Northwest
NOT LISTED FOR SALE

703 Chestnut St Sumner, WA 98390

Estimated Value: $490,527 - $522,000

2 Beds
1 Bath
1,192 Sq Ft
$425/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $405,000 $340 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,029/month

5 Days on Market

Highlights

  • RV Access or Parking
  • Fruit Trees
  • Property is near public transit
  • Maple Lawn Elementary School Rated A-
  • Deck
  • Traditional Architecture

About This Home

As of April 2021

Location X3!! Cute little rambler in a quaint small town centrally located! EZ freeway access OR 5 minute walk to the Sounder Station. For a leisurely weekend take a 10 minute walk to the town of Sumner where you'll find tons of shops and restaurants to enjoy and choose from! This well maintained home features a large family room, open kitchen and living room. Brand new carpet, interior and exterior paint, and microwave! Fully fenced private back yard features brand new deck and garden space. Separate utility room. Fully insulated attic and crawl space to keep it cozy. Carport with built-in storage could easily convert to garage. This is the perfect place to call home if your buying your first or downsizing! Make it your own!

Last Agent to Sell the Property

Terri Olson

Home Team Northwest Inc License #17772 Listed on: 04/01/2021

Last Buyer's Agent

Laura Ford

RE/MAX Northwest License #77801

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1750058

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,733

Year Built

  • Built in 1954

Lot Details

  • 8,550 Sq Ft Lot
  • East Facing Home
  • Property is Fully Fenced
  • Level Lot
  • Fruit Trees
  • Garden
  • Property is in very good condition

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,192 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Storm Windows

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Attached Carport
  • RV Access or Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Maple Lawn Elementary School
  • Sumner Middle School
  • Sumner Snr High School

Utilities

  • Water Heater
  • Cable TV Available

Community Details

  • Sumner Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,733

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1954
  • Buyer Agency Compensation: 3%
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Building Name: Mountain Circle
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1192
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/1750058?w=Consumer&agent=16247
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher_, Dryer, GarbageDisposal_, Microwave_, RangeOven_, Refrigerator_, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet, Laminate, Double Pane/Storm Window, Fireplace, Water Heater
  • Living Area: 1192
  • Main Level Bedrooms: 2
  • Bathrooms: 1
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1192
  • 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: 0
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Washer

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: RV Parking, AttachedCarport
  • Total Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Sumner
  • WaterCompany: City of Sumner
  • WaterHeaterLocation: Laundry room
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Sumner-Bonney Lake
  • High School: Sumner Snr High
  • Middle Or Junior School: Sumner Middle

Lot Info

  • Parcel Number: 6160000060
  • Topography: Level
  • Lot Size Acres: 0.1963
  • Lot Size Sq Ft: 8550
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gas Available,RV Parking
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Natural Gas

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3733

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Maple Lawn Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Apr 27, 2021
Sold by
Olson Terri L and Olson Dale P
Bought by
Gappmayer Teressa
Seller's Agent
Terri Olson
Home Team Northwest Inc
Buyer's Agent
Laura Ford
RE/MAX Northwest
List Price
$364,950
Sold Price
$405,000
Premium/Discount to List
$40,050
10.97%
Current Estimated Value
$506,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,882
Avg. Annual Appreciation
5.17%
Original Mortgage
$303,750
Outstanding Balance
$274,843
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$232,039

Purchase Details

Closed on
Nov 19, 2004
Sold by
Bailey Hubert L
Bought by
Olson Dale P and Olson Terri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,800
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2001
Sold by
Cooper Deborah D
Bought by
Bailey Gwen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,139
Interest Rate
7.21%
Mortgage Type
FHA
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
Gappmayer Teressa $405,000 Stewart Title Company
Olson Dale P $163,500 Ticor Title Of Wa Inc
Bailey Gwen R $129,950 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gappmayer Teressa $303,750
Previous Owner Olson Dale P $130,800
Previous Owner Bailey Gwen R $128,139
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $405,000 +11.0% $340 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $364,950 -- $306 / 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 $3,977 $426,300 $234,100 $192,200
2024 $3,977 $407,700 $216,900 $190,800
2023 $3,977 $384,000 $216,900 $167,100
2022 $3,996 $397,700 $238,100 $159,600
2021 $3,733 $282,900 $145,500 $137,400
2019 $2,982 $264,100 $122,400 $141,700
2018 $3,078 $238,500 $105,100 $133,400
2017 $2,507 $217,300 $86,600 $130,700
2016 $2,073 $165,700 $61,800 $103,900
2014 $1,977 $155,500 $64,700 $90,800
2013 $1,977 $140,800 $58,900 $81,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1750058

Northwest Multiple Listing Service (NWMLS)

APN: 616000-0060