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15921 52nd St E, Sumner, WA 98390

$390,000

Last sold 05/12/2005 after 101 Days

—
bed
—
bath

House not for sale

About 15921 52nd St E

Property type House

Neighborhood

Year built 1983

HOA fee $0/month

Lot size 0.44 Acre

Property description

Fantastic opportunity to invest in desirable Sumner community! Ten 4-plexes available on quiet, private cul-de-sac - buy one or buy them all! Units under market rents, all should be $750! All units are 2 bedrooms, 1 bath, w/fireplace, W/D hookups, covered parking, the list goes on! Great for owner occupant or possible condo conversion! Don't pass up this excellent opportunity to own. Sumner now has a moratorium on new Multi-Family property!

Listed by

Listing Agent - Suzanne Smith

Listing Office - RE/MAX Professionals

Source: NWMLS

MLS#25013919 • last updated 2 years ago

Movoto checked NWMLS for data 18 minutes ago

Overview
Levels/Style	Quadruplex
MLS #	25013919
SubType	Multi-Family
Type	Residential Income
Status	Sold
Lot Size (SqFt)	18994
Lot Size (Acres)	0.436
Property Tax	3131
Buying Office	Avant Real Estate
Year Built	1983
Buying Office Phone	253-680-5280
HOA Fee	Annually, 0
Condition	Good

Interior

Exterior
Foundation	Poured Concrete
Roof	Composition
# Open Parking Spaces	2
# Carport Spaces	4
# Parking Spaces	6
# Uncovered Spaces	2
Exterior Features	Wood Products

Amenities / Utilities
Green Features: Energy Efficient	Thermal Windows
Sewer/ Septic	Sewer Connected
Water	Public
Power Production: Type	Electric
HOA Amenities	Energy Package, Thermal Windows

Location
County	Pierce
Subdivision	Sumner
Area	74 - Sumner
High School District	Sumner
APN	5719000020
Zoning	Multi-Family

Multifamily Details
Net Operating Income	25200
Capitalization Rate	6.46
Expense: Insurance	840
Gross Scheduled Income	36000
Expense: Other	5029
Gross Adjusted Income	34200
Total Expenses	9000
Gross Rent Multiplier	10
Nwm_Totalmonthlyincome	2740
Vacancy Rate	5

Lot/ Land Details
Site Features	Patio

Rental est.: $1,513/month

• Gross rent multiplier: 21.5

Lower your payment with the loan terms that fit you.

May 2005
MLS # 25013919
May 12, 2005 Sold
$390,000
Jan 31, 2005 Listed
$389,950

Year Property taxes Tax assessment
2025
$10,423 +18.9%

$890,700 +5.01%
2024
$8,769 +10.2%

$848,200 +7.3%
2023
$7,958 -6.0%

$790,500 +10.31%
2022
$8,469 +6.8%

$716,600 +19.04%
2021
$7,930 +32.1%

$602,000 +10.48%
2019
$6,005

$544,900

15921 52nd St E
$390K
74 - Sumner
—
98390
$585K +3% y/y
Sumner
$592K +2% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
5202 158th Ave E, Sumner, WA 98390	$189,000	3/2	1,056	0.05
5206 158th Ave E, Sumner, WA 98390	$232,000	3/2	1,404	0.05
5210 158th Ave E, Sumner, WA 98390	$232,000	3/2	1,404	0.05
5126 158th Ave E, Sumner, WA 98390	$218,000	3/2	1,296	0.05
15902 52nd St E, Sumner, WA 98390	$757,000	8/4	3,728	0.05
5214 158th Avenue Ct E, Sumner, WA 98390	$241,000	3/2	1,502	0.06
5122 158th Ave E, Sumner, WA 98390	$206,000	3/2	1,188	0.06
15720 Elm St E, Sumner, WA 98390	$170,000	3/2	1,080	0.06

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.