NOT LISTED FOR SALE

7219 State Route 162 E Sumner, WA 98390

Estimated Value: $525,000 - $755,000

4 Beds
2 Baths
3,247 Sq Ft
$191/Sq Ft Est. Value

Last Sold July 11, 2014

Last sale price $345,000 $106 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,837/month

8 Days on Market

Highlights

  • Thermal Windows
  • Open Space
  • Wall to Wall Carpet
  • Maple Lawn Elementary School Rated A-
  • Wood Siding
  • 1-Story Property

About This Home

As of July 2014

Two Sumner duplex's sold as one. 2 parcels. Great units well maintained & each unit has been updated to include newer appliances, flooring, counter tops, new roofs 2006, new septic designed 2010. Spacious backyards, 2 bed/1 bath and 1 car garage units. Convenient laundry in each unit (W&D not included). Garages attached at property lines, on one water meter.

Last Agent to Sell the Property

Toril Schoepfer

Toril Sells Houses Team License #23304 Listed on: 06/09/2014

Co-Listed By

Judy Jackson

Terrafin License #6406

Last Buyer's Agent

Toril Schoepfer

Toril Sells Houses Team License #23304 Listed on: 06/09/2014

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 649417

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,865

Year Built

  • Built in 1965

Lot Details

  • 0.41 Acre Lot
  • Open Space
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 3,247 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Sumner Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5235000030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,865

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1965
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3247
  • Special Features: None
  • Cumulative Days on Market: 286

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Torch Down
  • Lot Features: Open Space, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: City of Sumner
  • WaterSewerGarbage: 2460

Schools

  • Junior High Dist: Sumner

Lot Info

  • Parcel Number: 5235000030
  • Lot Size Acres: 0.41
  • Lot Size Sq Ft: 17859
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 3315

Multi Family

  • Gross Scheduled Income: 39780
  • Net Operating Income: 26477
  • Number Of Units Total: 4
  • Insurance Expense: 2000
  • Leasable Area: 4865
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 10

Tax Info

  • Year: 2014
  • Tax Annual Amount: 4865

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2014
Closed on
Jul 10, 2014
Sold by
Gray Denis W and Gray Anita
Bought by
Su Dean
Seller's Agent
Toril Schoepfer
Toril Sells Houses Team
Buyer's Agent
Toril Schoepfer
Toril Sells Houses Team
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%
Total Days on Market
8
Current Estimated Value
$618,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,589
Avg. Annual Appreciation
5.14%

Purchase Details

Closed on
Jun 7, 2004
Sold by
Gray Denis
Bought by
Gray Denis W and Gray Anita

Purchase Details

Closed on
Sep 29, 2003
Sold by
Bidwell Curtis G
Bought by
Gray Denis and Gray Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2003
Sold by
Philia Holding Co Llc
Bought by
Bidwell Curtis G and Bidwell Kristi A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2003
Sold by
Bidwell Curtis G
Bought by
Philia Holding Co Llc

Purchase Details

Closed on
Mar 23, 2000
Sold by
Flagg Leo R
Bought by
Bidwell Curtis G and Bidwell Kristi A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
8.3%
Source: Public Records

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Range of Values:

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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
Su Dean $344,719 Ticor
Gray Denis W -- --
Gray Denis $183,000 Chicago Title
Bidwell Curtis G -- Ticor
Philia Holding Co Llc -- --
Bidwell Curtis G $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gray Anita $129,500
Previous Owner Gray Denis $144,000
Previous Owner Bidwell Curtis G $101,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2014 07/11/14 Sold $345,000 -1.4% $106 / Sq Ft
06/18/2014 06/18/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $350,000 -- $108 / 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
2024 $4,528 $447,600 $178,400 $269,200
2023 $4,528 $415,200 $169,300 $245,900
2022 $4,152 $410,900 $181,100 $229,800
2021 $3,802 $269,800 $115,900 $153,900
2019 $3,157 $246,700 $103,300 $143,400
2018 $3,059 $234,400 $99,300 $135,100
2017 $2,686 $199,700 $78,600 $121,100
2016 $2,581 $164,600 $61,600 $103,000
2014 $2,596 $165,700 $59,100 $106,600
2013 $2,596 $152,100 $51,800 $100,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 649417

Northwest Multiple Listing Service (NWMLS)

APN: 523500-0020