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Sold on 01/22/2025
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7516 Riverside Dr E, Sumner, WA 98390

  • $545,000

    Last sold 01/22/2025 for $382K

  • 3

    bed

  • 2

    bath

  • 2,145

    Sqft ($178/Sqft)

House not for sale
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About 7516 Riverside Dr E

Property type House
Neighborhood
Year built 1976
HOA fee $0/month
Lot size 1.15 Acre
Movoto estimate
Parking 7 garage spaces
Property description
This property is brimming with potential—a true diamond in the rough. Nestled on a one-acre lot adjacent to a scenic river and located within a highly regarded school district, it offers a rare opportunity for the right buyer. The standout feature is a massive 3,400-square-foot shop, which could be transformed into a business space or used for personal hobbies. However, this property is not for the faint of heart. The city has boarded up the building, and renovations will require permits. Currently, there is no power or water connection, making this a project for those with vision and determination. SOLD AS IT, SELLER TO MAKE NO REPAIRS
Listed by
Listing Agent - Caelyn Gillaspie
Listing Office - Kelly Right RE of Seattle LLC
Source: NWMLS mls logo
MLS#2312004 • last updated 1 year ago
Movoto checked NWMLS for data 22 minutes ago
Overview
Cooling/AC Forced Air
Heating Forced Air
Levels/Style House, One, Contemporary
MLS # 2312004
SubType Residential
Type Residential
SqFt 2145
Status Sold
Lot Size (SqFt) 50094
Lot Size (Acres) 1.15
Property Tax 6192.85
Buying Office Real Broker LLC
Year Built 1976
Buying Office Phone 855-450-0442
Condition Fixer
Interior
Total # of Bathrooms 2
# Full Baths 1
# Half Baths 1
Bathroom 1.5
# Bedrooms 3
Basement None
Fireplace Electric
Exterior
Foundation Poured Concrete
Roof Composition
# Covered Spaces 7
# Parking Spaces 7
# Garage Spaces 7
Exterior Features Wood Products
Amenities / Utilities
Sewer/ Septic Septic Tank, SEPTIC
Water Public
Water Company SUMNER
Power Company PSE
Power Production: Type Electric, Natural Gas
Location
View River
Waterfront River Access
County Pierce
Subdivision Sumner Valley
Area 74 - Sumner
Elementary School Maple Lawn Elem
Middle School Sumner Middle
High School District Sumner-Bonney Lake
High School Sumner Snr High
APN 520304004
Directions Take The WA-162 E/Valley Ave Exit Toward Orting Drive To Riverside Rd E In Alderton
Lot/ Land Details
Site Features Shop
$545K
Range: $408K-$681K
Last 30 days 
Rental est.: $2,990/month
Gross rent multiplier: 11.1
Powered By Movoto
  • Dec 2024
    mls logo MLS # 2312004
  • Dec 3, 2024 Pending
    —
  • Nov 27, 2024 Price Change
    $460,000 (-4.2%)
  • Nov 19, 2024 Listed
    $480,000 (+37.2%)
  • Jun 2019
    mls logo MLS # 1470948
  • Jun 19, 2019 Price Change
    $349,900 (-12.4%)
  • Jun 6, 2019 Listed
    $399,500
  • 7516 Riverside Dr E
    $382K
  • Alderton
    $730K -11% y/y
  • 98390
    $569K +3% y/y
  • Sumner
    $569K +2% y/y
No chart available
Statistics calculated by Movoto

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8/10
Maple Lawn Elementary School
public Grades PK, K-5
Sumner School District
8/10
Sumner Middle School
public Grades 6-8
Sumner School District
7/10
Sumner Senior High School
public Grades 9-12
Sumner School District
Source: GreatSchools.org © 2026. All rights reserved.

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