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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 flooring and all appliances. Unit B has 2 beds and 1 bath, remodeled in 2019 which included doors, millwork, carpet, LVP flooring , water heater and paint. Each unit approx.

1005 sf, eating area, thermal windows and vast living rooms. Both units have their own washer/dryer, hot water tank & electrical panels. Pristine 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
Property Subtype: townhouse
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.