Listed by Kelly Right RE of Seattle LLC, Bought with Real Broker LLC
$382,500
SOLD JAN 22, 2025

7516 Riverside Dr E Sumner, WA 98390

3 Beds
1.5 Baths
2,145 Sq Ft
1.15 Acres

Recently Sold

$178 Per Sq Ft

17% Below List Price

Highlights

  • River Access
  • River View
  • 1.15 Acre Lot
  • Maple Lawn Elementary School Rated A-
  • Waterfront
  • Contemporary Architecture

About This Home

As of January 2025

This property is brimming with potential—a true diamond in the rough. Nestled on a one-acre lot adjacent to a scenic river and located within a highly regarded school district, it offers a rare opportunity for the right buyer. The standout feature is a massive 3,400-square-foot shop, which could be transformed into a business space or used for personal hobbies. However, this property is not for the faint of heart. The city has boarded up the building, and renovations will require permits. Currently, there is no power or water connection, making this a project for those with vision and determination. SOLD AS IT, SELLER TO MAKE NO REPAIRS

Last Agent to Sell the Property

Caelyn gillaspie

Kelly Right RE of Seattle LLC License #109778 Listed on: 11/19/2024

Co-Listed By

Silas Gillaspie

WeLakeside License #114069

Last Buyer's Agent

Doris Sierra Sanchez

Real Broker LLC License #123602

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2312004

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,193

Year Built

  • Built in 1976

Lot Details

  • 1.15 Acre Lot
  • Waterfront
  • Level Lot

Parking

  • 7 Car Garage

Home Design

  • Contemporary Architecture
  • Fixer Upper
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,145 Sq Ft Home
  • 1-Story Property
  • Electric Fireplace
  • French Doors
  • River Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathroom on Main Level
  • Spa Bath

Outdoor Features

  • River Access

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Sumner Valley Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,193

Year Built

Built in 1976

Lot Details

0

Parking

7

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1976
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2145
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DetachedDwellingSqFtFinished: 0
  • NWM_ExcludedItemsYN: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2312004?w=Consumer&agent=91723
  • Special Features: None

Interior Features

  • Basement: None
  • Private Spa: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Electric
  • Fireplace: No
  • Interior Amenities: French Doors, Hot Tub/Spa
  • Living Area: 2145
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Bathrooms: 1.5
  • BathsFullMain: 1
  • SquareFootageFinished: 2145
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: River
  • View: Yes
  • Waterfront Features: River Access
  • Waterfront: Yes
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Fixer
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 7
  • Garage Spaces: 7
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Detached Garage
  • Total Parking Spaces: 7

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Forced Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: SEPTIC
  • WaterCompany: SUMNER
  • InternetConnected: XFINITY

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 0520304004
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 1.15
  • Lot Size Sq Ft: 50094
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Shop
  • MLSLotSizeSource: county
  • MLSSquareFootageSource: county
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 6192.85

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Maple Lawn Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2024
Closed on
Jan 20, 2025
Sold by
Gong Weiteng
Bought by
Gallegos David Oswaldo Elia and Gomez Rocio
Seller's Agent
Caelyn gillaspie
Kelly Right RE of Seattle LLC
Buyer's Agent
Doris Sierra Sanchez
Real Broker LLC
List Price
$460,000
Sold Price
$382,500
Premium/Discount to List
-$77,500
-16.85%
Views
206
Current Estimated Value
$548,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,607
Avg. Annual Appreciation
76.99%

Purchase Details

Listed on
Jun 6, 2019
Closed on
Jul 29, 2019
Sold by
Wilson Marc and Lorraine B Cissne Revocable Li
Bought by
Gong Weiteng
Seller's Agent
Colleen Walker
Best Choice Realty LLC
Buyer's Agent
Caelyn gillaspie
Kelly Right RE of Seattle LLC
List Price
$399,500
Sold Price
$340,000
Premium/Discount to List
-$59,500
-14.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.23%
Original Mortgage
$272,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2004
Sold by
Wilson Weldon M
Bought by
The Lorraine B Cissne Revocable Living T
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 Type Sale Price Title Company
Warranty Deed $382,500 First American Title Insurance
Warranty Deed $339,719 First American Title Ins Co
Sheriffs Deed $312,387 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $272,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2025 01/22/25 Sold $382,500 -4.4% $178 / Sq Ft
01/09/2025 01/09/25 Pending -- -- --
12/31/2024 12/31/24 Price Changed $399,950 -4.8% $186 / Sq Ft
12/08/2024 12/08/24 Price Changed $420,000 -8.7% $196 / Sq Ft
12/06/2024 12/06/24 For Sale $460,000 0.0% $214 / Sq Ft
12/03/2024 12/03/24 Pending -- -- --
11/27/2024 11/27/24 Price Changed $460,000 -4.2% $214 / Sq Ft
11/19/2024 11/19/24 For Sale $480,000 +41.2% $224 / Sq Ft
09/27/2019 09/27/19 Sold $340,000 -2.8% $159 / Sq Ft
06/23/2019 06/23/19 Pending -- -- --
06/19/2019 06/19/19 Price Changed $349,900 -12.4% $163 / Sq Ft
06/06/2019 06/06/19 For Sale $399,500 -- $186 / 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 $5,239 $478,800 $352,000 $126,800
2024 $5,239 $521,000 $317,900 $203,100
2023 $5,239 $487,700 $286,700 $201,000
2022 $5,446 $509,900 $306,500 $203,400
2021 $5,262 $382,200 $206,500 $175,700
2019 $6,037 $485,500 $184,000 $301,500
2018 $6,119 $463,700 $176,800 $286,900
2017 $5,070 $414,000 $140,000 $274,000
2016 $4,442 $322,700 $103,000 $219,700
2014 $4,219 $294,500 $89,000 $205,500
2013 $4,219 $260,500 $78,000 $182,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2312004

Northwest Multiple Listing Service (NWMLS)

APN: 052030-4004