Listed by Pacific Residential Brokers, Bought with KW Mountains to Sound Realty
NOT LISTED FOR SALE

809 Cherry Ave Sumner, WA 98390

Estimated Value: $464,000 - $663,000

4 Beds
2 Baths
2,141 Sq Ft
$270/Sq Ft Est. Value

Last Sold April 04, 2022

Last sale price $537,500 $251 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,610/month

109 Days on Market

Highlights

  • Territorial View
  • 3-minute walk to Sumner Station
  • Central Air
  • Maple Lawn Elementary School Rated A-
  • Softwood Flooring
  • 2-minute walk to Rueben Knoblauch Heritage Park

About This Home

As of April 2022

Well located legal duplex situated in charming downtown Sumner within minutes walk to Sounder Train Station, shops and restaurants. Large, separately metered units each with 2 bedrooms, 1 bathroom and washer/dryers. Large unfinished basement with high ceilings for storage. Unit 1 has new, stainless steel appliances. Current below market rents coupled with detached 1.5 car garage can result in significant additional income.

Last Agent to Sell the Property

Tom O'Brien

Pacific Residential Brokers License #18200 Listed on: 11/01/2021

Last Buyer's Agent

John Love

KW Mountains to Sound Realty License #112332

KW Mountains to Sound Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1860088

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,771

Year Built

  • Built in 1900

Lot Details

  • 6,840

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,141 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Utilities

  • Central Air
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Outbuilding
  • 6,840 Sq Ft Lot

Community Details

  • Sumner Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7985000650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,771

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1900
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2141
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Softwood, Laminate, Vinyl, Carpet
  • Interior Amenities: Central A/C, Forced Air, Fir/Softwood, Laminate, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Sumner
  • WaterCompany: Sumner

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Sumner-Bonney Lake

Lot Info

  • Parcel Number: 7985000650
  • Lot Size Acres: 0.157
  • Lot Size Sq Ft: 6840
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available,High Speed Internet,Outbuildings
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 20
  • LeasedItems: None
  • TotalMonthlyIncome: 2400

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4771

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Electric
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Mar 26, 2022
Sold by
Schober Christopher E and Schober Kurstyn
Bought by
Bothi Elizabeth A
Seller's Agent
Tom O'Brien
Pacific Residential Brokers
Buyer's Agent
John Love
KW Mountains to Sound Realty
List Price
$575,000
Sold Price
$537,500
Premium/Discount to List
-$37,500
-6.52%
Current Estimated Value
$616,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,520
Avg. Annual Appreciation
1.92%
Original Mortgage
$527,764
Outstanding Balance
$493,983
Interest Rate
3.92%
Mortgage Type
FHA
Estimated Equity
$83,144

Purchase Details

Closed on
Jan 14, 1999
Sold by
Higginbotham Pamela R
Bought by
Schober Chris and Schober Kurstyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,200
Interest Rate
6.66%

Purchase Details

Closed on
Jan 20, 1998
Sold by
The Fisher Revocable Living Trust
Bought by
Fisher Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
7.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bothi Elizabeth A $537,219 Fidelity National Title
Schober Chris $123,320 --
Fisher Betty J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bothi Elizabeth A $527,764
Previous Owner Schober Chris $74,200
Previous Owner Fisher Betty J $62,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2022 04/04/22 Sold $537,500 -6.5% $251 / Sq Ft
02/18/2022 02/18/22 Pending -- -- --
11/01/2021 11/01/21 For Sale $575,000 -- $269 / 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 $4,582 $448,900 $222,300 $226,600
2024 $4,582 $474,200 $204,100 $270,100
2023 $4,582 $442,600 $204,100 $238,500
2022 $4,722 $510,100 $224,000 $286,100
2021 $4,378 $331,900 $136,900 $195,000
2019 $3,562 $305,100 $113,900 $191,200
2018 $3,628 $285,000 $97,800 $187,200
2017 $2,900 $256,300 $80,600 $175,700
2016 $2,460 $193,400 $57,500 $135,900
2014 $2,148 $184,600 $60,200 $124,400
2013 $2,148 $160,500 $54,800 $105,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1860088

Northwest Multiple Listing Service (NWMLS)

APN: 798500-0650