Listed by John L. Scott R.E. Lake Tapps, Bought with Timber Real Estate
NOT LISTED FOR SALE

808 Ryan Ave Sumner, WA 98390

Estimated Value: $866,916 - $876,000

5 Beds
4 Baths
2,576 Sq Ft
$338/Sq Ft Est. Value

Last Sold December 04, 2024

Last sale price $832,009 $323 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,129/month

3 Days on Market

Highlights

  • Territorial View
  • No HOA
  • Baseboard Heating
  • Maple Lawn Elementary School Rated A-
  • Thermal Windows
  • 4-minute walk to Rueben Knoblauch Heritage Park

About This Home

As of December 2024

Charming 4-Plex in prime Sumner Location. Located just steps away from shops, restaurants, train station and all the activities of this historic small town including parades, concerts and the high school marching band practicing through town. One level brick building is a well-maintained investment property offering residents off street parking and convenient community laundry room. Property has been refreshed with newer roof, windows, electrical, and sewer line, and offers a turnkey and low-maintenance opportunity. Each unit is separately metered. Garden space for each tenant. Easy access to freeways. Sumner School District. Whether you’re looking for a solid rental income opportunity or a long-term investment, this is a must-see!

Last Agent to Sell the Property

Lauri McLeod

John L. Scott R.E. Lake Tapps License #26040 Listed on: 11/06/2024

John L. Scott R.E. Lake Tapps

Last Buyer's Agent

Joshua Meeks

Timber Real Estate License #26850

Timber Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2308800

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,862

Year Built

  • Built in 1959

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 59x117x60x116
  • Sprinkler System

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 2,576 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Laminate Flooring
  • Territorial Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Open Parking

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Downtown Sumner Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0420244018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,862

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1959
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2576
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Sumner
  • WaterCompany: City of Sumner

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Sumner-Bonney Lake

Lot Info

  • Parcel Number: 0420244018
  • Lot Size Acres: 0.1607
  • Lot Size: 59x117x60x116
  • Lot Size Sq Ft: 7000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Sprinkler System
  • MLSLotSizeSource: Tax records
  • ZoningJurisdiction: City

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 14.61
  • LeasedItems: None
  • TotalMonthlyIncome: 4500

Tax Info

  • Year: 2024
  • Tax Annual Amount: 6862.32

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 1708.54
  • EnergySource: Electric
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2024
Closed on
Dec 2, 2024
Sold by
Ryan Avenue Llc
Bought by
Atherton Joshua and Atherton Armoni
Seller's Agent
Lauri McLeod
John L. Scott R.E. Lake Tapps
Buyer's Agent
Joshua Meeks
Timber Real Estate
List Price
$789,000
Sold Price
$832,009
Premium/Discount to List
$43,009
5.45%
Views
5
Current Estimated Value
$871,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,449
Avg. Annual Appreciation
4.22%
Original Mortgage
$582,400
Outstanding Balance
$577,594
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$293,864

Purchase Details

Closed on
Jun 16, 2008
Sold by
Gretzner Henry L and Gretzner Jeanette E
Bought by
Ryan Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
5.99%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Atherton Joshua $832,000 None Listed On Document
Atherton Joshua $832,000 None Listed On Document
Ryan Avenue Llc $375,000 Talon Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atherton Joshua $582,400
Closed Atherton Joshua $582,400
Previous Owner Ryan Avenue Llc $305,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2024 12/04/24 Sold $832,009 +5.5% $323 / Sq Ft
11/09/2024 11/09/24 Pending -- -- --
11/06/2024 11/06/24 For Sale $789,000 -- $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 $6,862 $767,100 $223,500 $543,600
2024 $6,862 $695,200 $205,400 $489,800
2023 $6,862 $663,500 $205,400 $458,100
2022 $6,564 $613,000 $225,500 $387,500
2021 $6,283 $476,800 $137,800 $339,000
2019 $4,595 $434,700 $114,800 $319,900
2018 $4,870 $367,900 $98,500 $269,400
2017 $3,853 $344,200 $81,200 $263,000
2016 $3,411 $268,200 $57,900 $210,300
2014 $2,847 $256,200 $60,600 $195,600
2013 $2,847 $224,000 $55,200 $168,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2308800

Northwest Multiple Listing Service (NWMLS)

APN: 042024-4018