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$599,999   Price Analysis
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326 State St Apt A
Sumner, WA 98390
Unknown bed None bath 2,010 SqFt ($298/SqFt)
8,388SqFt lot. Built 1935
Listed 2024-03-14, Taxes $4,916
Ⓧ USDA Ineligible
due to location

near Sumner

Rambler style side by side DUPLEX in the heart of downtown Sumner!

* No Longer For Sale *
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Great investment opportunity to live in 1 unit and rent the other. Unit A has 2 beds and 1.75 baths, featuring LVP floring and all appliances. Unit B has 2 beds and 1 bath, remodeled in 2019 which includ ed doors, millwork, carpet, LVP flooring, water heater and paint. Each unit approx.

1005 sf, eating area, thermal windows and sizeable living rooms. Both units have their own washer/dryer, hot water tank & electrical panels. Brand new electrical panel installed in unit A in 2018. Yard is partially fenced, plenty of parking w/ carport for unit A. 50 year PVC roof installed in 2022. Walking distance to the light rail, explore all downtown Sumner offers w/ easy access to HWY 167 and 410.


Presented by Andrew Hayashi at
eXp Realty- Main Office.
Listing Agent Photo

Property MLS #2201587 from NWMLS

Wall to Wall Carpet
Flooring: Vinyl Plank, Wall to Wall Carpet

Heating Features: Baseboard, Wall
Heating Fuel: Electric
Heating: Yes

Stucco
Wood

Carport Spaces: 1
Open Parking Spaces: 4
Open Parking: Yes
Parking Total: 5

Lot Description: Dead End Street, Paved Street, Sidewalk
Lot Size Acres: 0.192562
Lot Size Square Feet: 8388

View: Territorial
Green Energy Efficient: Thermal Windows
Security Features: FullyFenced

Thermal Windows

Elementary School: Buyer To Verify
High School: Buyer To Verify
High School District: Sumner-Bonney Lake
Middle School: Buyer To Verify

Sumner Middle School is a public middle school located approximately 0.9 miles away.
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Sumner Senior High School is a public high school located approximately 1 miles away.
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Maple Lawn Elementary School is a public elementary school located approximately 1 miles away.
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Stepping Stones Montessori is a private elementary school located approximately 1.1 miles away.
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Gross Scheduled Income: 45600
Leasable Area: 2010
Leasable Area Units: Square Feet

Number of Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1.75
Total Bathrooms in Unit-2: 1
Unit-1 Description: A
Unit-2 Description: B
Unit-1 Square Feet: 1005
Unit-2 Square Feet: 1005
Unit 1 Total Actual Rent: 1900
Unit 2 Total Actual Rent: 1900

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 4916
Source Listing Status: Sold
Country Region: US
County: Pierce
Cap Rate: 5.7
Directions: From 410 take Traffic Ave exit and go north on Traffic. Take a L on State Street, follow 2 blocks, last home on left.
Tax Year: 2023
Source Property Type: Multi-Family
Possible Use: Multi-Family
Insurance Expense: 1438
List Development Name: Sumner
Source Neighborhood: Sumner
Parcel Number: 4250000972
Street Suffix Modifier: Street
Subdivision: Sumner
Property Subtype: Multi-family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$262,900 + $225,000
$487,900
$4,916
2022$199,800 + $181,300
$381,100
$4,509
2021$175,900 + $137,500
$313,400
$4,134
2020$168,700 + $115,600
$284,300
$3,856
2019$163,200 + $99,200
$262,400
$3,279
2018$152,800 + $81,800
$234,600
$3,321
2017$129,100 + $68,100
$197,200
$2,673
2016$117,800 + $58,300
$176,100
$2,373
2015$108,200 + $61,100
$169,300
$2,256
2014$92,900 + $55,600
$148,500
$2,054
2013$90,400 + $48,200
$138,600
$2,006
2012$106,700 + $63,500
$170,200
$2,190
2011$110,800 + $80,400
$191,200
$2,268
2010$122,700 + $95,600
$218,300
$2,346
2008$124,300 + $110,000
$234,300
$2,294
2007$121,200 + $110,000
$231,200
$2,406

Sold 2024-05-17
$600,000
NWMLS
Price Changed 2024-04-03
$599,999
NWMLS
Price Changed 2024-04-03
$599,999
NWMLS
Listed 2024-03-14
$630,000
NWMLS
Listed 2024-03-14
$630,000
NWMLS
Sold 2018-05-02
$320,000
Public Record
Sold 2005-06-02
$190,000
Public Record
Sold 1999-06-11
$147,000
Public Record
Sold 1993-04-28
$70,000
Public Record

Net Operating Income: 36306

Total Square Feet Living: 2010
Building Area Total: 2010
Building Area Units: Square Feet
Foundation Details: Concrete Block
Living Area Units: Square Feet
Property Age: 89
Property Condition: Good
Building Total Stories: 1
Structure Type: Duplex
Elevation Units: Feet
Year Built Effective: 1971

Power Production Type: Electric
Sewer: Sewer Connected
Water Source: Public

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.