About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

809 Cherry Ave, Sumner, WA 98390

$537,500

Last sold 04/04/2022 after 154 Days

—
bed
—
bath
2,141
Sqft ($251/Sqft)

House not for sale

About 809 Cherry Ave

Property type House

Neighborhood

Year built 1900

HOA fee $0/month

Lot size 6,840 Sqft

Property description

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.

Listed by

Listing Agent - Tom O'Brien

Listing Office - Pacific Commercial Brokers

Source: NWMLS

MLS#1860088 • last updated 2 years ago

Movoto checked NWMLS for data 8 minutes ago

Overview
Levels/Style	Duplex
MLS #	1860088
SubType	Multi-Family
Type	Residential Income
SqFt	2141
Status	Sold
Lot Size (SqFt)	6840
Lot Size (Acres)	0.157
Property Tax	4771
Buying Office	KW Mountains To Sound Realty
Year Built	1900
Buying Office Phone	253-220-8371

Interior

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

Amenities / Utilities
Sewer/ Septic	Sewer Connected, Sumner
Water	Public
Water Company	Sumner
Power Company	PSE
Power Production: Type	Electric
HOA Amenities	Basement

Location
View	Territorial
County	Pierce
Subdivision	Sumner
Area	74 - Sumner
High School District	Sumner-Bonney Lake
APN	7985000650
Zoning	Multi-Family

Multifamily Details
Net Operating Income	20729
Capitalization Rate	3.61
Expense: Insurance	1500
Gross Scheduled Income	28800
Gross Adjusted Income	28800
Total Expenses	8071
Gross Rent Multiplier	20
Nwm_Totalmonthlyincome	2400

Lot/ Land Details
Site Features	Cable TV, Gas Available, High Speed Internet, Outbuildings

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Apr 2022
MLS # 1860088
Apr 4, 2022 Sold
$537,500
Feb 18, 2022 Pending
—
Nov 1, 2021 Listed
$575,000
Mar 2022
Public Records
Mar 30, 2022 Sold
$537,500 (-6.5%)

Year Property taxes Tax assessment
2025
$5,555 +21.2%

$474,200 +7.14%
2024
$4,582 -10.9%

$442,600 -13.23%
2023
$5,139 -66.9%

$510,100 +27.81%
2022
$15,527 +254.7%

$399,100 +20.25%
2021
$4,378 +22.9%

$331,900 +8.78%
2019
$3,562 -55.0%

$305,100 +7.05%
2018
$7,910 +25.1%

$285,000 +11.2%
2017
$6,323 +157.1%

$256,300 +32.52%
2015
$2,460

$193,400

809 Cherry Ave
$537K
74 - Sumner
—
98390
$599K +8% y/y
Sumner
$599K +8% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
805 Cherry Ave, Sumner, WA 98390	$634,000	2/1	1,609	0.01
815 Cherry Ave, Sumner, WA 98390	$620,000	3/2	1,700	0.01
907 Academy St, Sumner, WA 98390	$447,000	2/1	1,024	0.02
801 Cherry Ave, Sumner, WA 98390	$410,000	2/1	780	0.02
814 Cherry Ave, Sumner, WA 98390	$540,000	3/—	1,326	0.03
911 Academy St, Sumner, WA 98390	$405,000	2/1	720	0.03
812 Kincaid Ave, Sumner, WA 98390	$357,000	1/1	576	0.03
806 Kincaid Ave, Sumner, WA 98390	$419,000	2/1	812	0.03

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