Wonderful opportunity for Income producing property. Large Lot. Three places- A Duplex in front & a house in the back. Garage plus 3 outside Storage sheds. Properties are occupied (showing by appointment) but excellent value and opportunity to make $$$. All residences are 2 BR 1 bath, all utilities and services are working and being used. Rents have not been increased in quite a while. Tenants have month to month lease. All properties are in good shape but have not been updated recently. Call!
Sold for $684,000
$684,000
1507 Wood Ave, Sumner, WA 98390
6beds
2,381sqft
MultiFamily
Built in 1963
-- sqft lot
$738,700 Zestimate®
$287/sqft
$2,178 Estimated rent
Home value
$738,700
$702,000 - $776,000
$2,178/mo
Zestimate® history
Owner options
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$2,178/mo
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$2,178/mo
Rent Zestimate®
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$4,394/mo
Est. payment
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$4,394/mo
Est. payment
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List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Other, Wall, Electric
Appliances
- Included: Dryer, Refrigerator, Washer
Features
- Flooring: Carpet, Laminate
- Basement: None
- Has fireplace: No
Interior area
- Total interior livable area: 2,381 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached, Off-street, On-street
Features
- Exterior features: Wood, Brick
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.33 Acres
Details
- Parcel number: 3180000080
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Roof: Shake / Shingle
Condition
- Year built: 1963
Community & HOA
Location
- Region: Sumner
Financial & listing details
- Price per square foot: $287/sqft
- Tax assessed value: $696,300
- Annual tax amount: $8,281
Price history
| Date | Event | Price |
|---|---|---|
| 10/11/2023 | Sold | $684,000+73.6%$287/sqft |
Source: Public Record Report a problem | ||
| 10/13/2017 | Sold | $394,000-7.3%$165/sqft |
Source: | ||
| 6/10/2017 | Pending sale | $425,000$178/sqft |
Source: Kent Branch #1001386 Report a problem | ||
| 9/16/2016 | Listed for sale | $425,000$178/sqft |
Source: Kent Branch #1001386 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,281 +6.9% | $696,300 +5.2% |
| 2024 | $7,750 +20.2% | $662,000 +6.2% |
| 2023 | $6,445 -3.1% | $623,100 -5.6% |
| 2022 | $6,648 +4.1% | $660,200 +22.3% |
| 2021 | $6,385 +26.5% | $540,000 +23.4% |
| 2019 | $5,048 -4.3% | $437,600 +8.2% |
| 2018 | $5,275 +23.9% | $404,300 +8.4% |
| 2017 | $4,259 +19.5% | $372,900 +31.2% |
| 2016 | $3,564 | $284,200 +6.2% |
| 2014 | $3,564 +13.9% | $267,700 +13.2% |
| 2013 | $3,130 | $236,400 +9.2% |
| 2012 | -- | $216,500 -16.9% |
| 2011 | -- | $260,600 -9.4% |
| 2010 | -- | $287,700 -8.9% |
| 2009 | -- | $315,700 -7% |
| 2008 | $3,347 +95.6% | $339,300 +65% |
| 2002 | $1,711 | $205,600 +3.3% |
| 2001 | -- | $199,100 |
Find assessor info on the county website
Neighborhood: 98390
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Nearby schools
GreatSchools rating
- 8/10Daffodil Valley Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 9/10Sumner Middle SchoolGrades: 6-8Distance: 1 mi
- 7/10Sumner Senior High SchoolGrades: 9-12Distance: 0.3 mi
Get a cash offer in 3 minutes
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Estimated market value
$738,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$738,700
- Washington
- Pierce County
- Sumner
- 98390
- 1507 Wood Ave