1103 Thompson St

Sumner, WA 98390

$1,410,000
Last Sold Price
—
Beds
—
Baths
6,380 Sq. Ft.
$221 / Sq. Ft.
6,380
Sq. Ft.
$221
per Sq. Ft.
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Sold 6/4/21
Sold 6/4/21
a front view of a house with a yard and an outdoor seating
a view of a house with a yard
a view of a house with a yard
a view of a house with wooden fence
a view of terrace with seating space
a view of house with an outdoor space
an empty room with wooden floor and windows
a kitchen with granite countertop a sink and wooden cabinets
a kitchen with kitchen island granite countertop a stove and a wooden floors
a view of a big room with wooden floor and windows
a kitchen with a sink stove top oven and cabinets
a large white kitchen with kitchen island granite countertop a sink and a stove
a large white kitchen with kitchen island a sink stainless steel appliances and cabinets
a kitchen with a sink and a large window
a view of an empty room with wooden floor and a window
a view of empty room with wooden floor
a kitchen that has a sink and a stove
a view of storage and utility room with racks on the wall
a view of empty room
a view of an empty room
a bathroom with a sink toilet and shower
a view of empty room with wooden floor and fan
a view of a kitchen with fridge and an empty room
front view of a house with a yard
a view of a house with pool and sitting area
a view of a city with tall buildings
a view of a city
a view of a city with tall buildings
a view of a city
Listing provided courtesy of Compass, Toril Sells Houses Team
Source: Northwest MLS

Description

Rare investment OPPORTUNITY awaits in the heart of Sumner. This 6380 square foot 8-Plex sits on a 0.32 acre lot and features: Two 2-Bd, 1-Ba and 1050 Sqft and six 1-Bd, 1-Ba and 870 sqft. Close to all the restaurants, cafes, bars, library, retails, Parks and transit. Several options possible with this prime location: 1. Enhancing the aesthetics of the building, increase rents 2. Continue to maintain the property as-is and collect consistent Income. 9687$ monthly gross income. Two units have washer...Rare investment OPPORTUNITY awaits in the heart of Sumner. This 6380 square foot 8-Plex sits on a 0.32 acre lot and features: Two 2-Bd, 1-Ba and 1050 Sqft and six 1-Bd, 1-Ba and 870 sqft. Close to all the restaurants, cafes, bars, library, retails, Parks and transit. Several options possible with this prime location: 1. Enhancing the aesthetics of the building, increase rents 2. Continue to maintain the property as-is and collect consistent Income. 9687$ monthly gross income. Two units have washer and dryer, for the rest coin laundry room available on the first floor for your additional income. Corner lot, very close to transit.
  1. Listed by Mihail Gutu • COMPASS
    P: (206)-448-8888 Mihail.gutu@exprealty.com

Property Details for 1103 Thompson Street

Community Name
Sumner Valley
School District
Sumner-Bonney Lake
Number of Assigned Spaces
10
Total Covered Parking
0
Entry Date
02-14-2021
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 09/05/2024 05:42 AM

Property Details for 1103 Thompson Street

StatusSold
MLS #1730600
Days on Market3
Cumulative Days on Market3
Taxes$6,773 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1968
Lot Size0.32 AC / 13,956 SF
CountyPierce County
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Location

Listing Courtesy of COMPASS

Sold By Toril Sells Houses Team

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Building Information for 1103 Thompson Street

Stories2Residences8Year Built1968Building Size-Lot Size0.32 AC / 13,956 SF

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$7,664 per month

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Principal and Interest

$7,100

Property Taxes

$564

HOA Dues

$0

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Property Information for 1103 Thompson Street

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 74 - Sumner
  • Block: 7
  • Elementary School: Maple Lawn Elem
  • Middle Or Junior School: Sumner Middle
  • High School: Sumner Snr High
  • Effective Year Built Source: Public Records
  • Directions: use Gmaps
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2021
Parking
  • Number of Carport Spaces: 2.0
  • Carport: No
  • Open Parking Spaces: 8.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Ceramic Tile, Hardwood, Laminate, Vinyl Plank, Carpet
  • Features: Ceramic Tile, Hardwood, Wall to Wall Carpet, Laminate Hardwood
  • Amenities: Coin Op Laundry,Storage
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: Yes
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Flat
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 5550
  • Power Company: Puget sound Energy
  • Sewer Company: City of Sumner
  • Water Company: City of Sumner
  • Power Production Type: Electric
  • Utilities: Sewer Connected, Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Zoning Class: Commercial,Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Commercial, Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1984
  • Photos Count: 29
Lot Information
  • Lot Details: Corner Lot, Open Space
  • Lot Size Dimensions: 13,956
  • Lot Number: F
  • Lot Size Source: Realist
  • Parcel Number Free Text: 906000-013-0
  • Building Condition: Good
  • Calculated Square Footage: 6380
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 6380.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 8
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 8
  • Units Below Grade: false
  • Units In Building Total: 8
Financing / Income and Expenses
  • Electric Expense: $7,800
  • Total Expenses: 27600
  • Gross Adjusted Income: 10432
  • Gross Rent Multiplier: 1
  • Gross Scheduled Income: $116,244
  • Insurance Expense: $2,234
  • Net Operating Income: $88,644
  • Other Expenses: $1,040
  • Total Monthly Income: 9687
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 6380.0
  • Leasable Area Units: Square Feet

Property History for 1103 Thompson Street

DateEvent & SourcePriceAppreciation
Jun 4, 2021

Sold

NWMLS #1730600

$1,410,000—
May 24, 2021

Sold (Public Record)

Public Record #1462691227

$1,410,000

+4.0% / yr

Feb 17, 2021

Pending

NWMLS #1730600

—
DateEvent & SourcePrice
06/04/2021

Sold

NWMLS #1730600

$1,410,000
05/24/2021

Sold (Public Record)

Public Record #1462691227

$1,410,000

+4.0% / yr

02/17/2021

Pending

NWMLS #1730600

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1103 Thompson Street

Taxable ValueLand$571,100Additions$278,200Total$849,300
Tax Record2026$10,098 ($842 / month)
Home Facts
Total Finished SqFt6,380 SqFtAbove Ground SqFt6,380 SqFtStories2Lot Size13,956 SqFtStyleMulti-Family Res (5+ Units)Year Built1968Year Renovated1984ZoningLDR-6CountyPIERCEAPN9060000130Fireplace TypeBacked

Schools near 1103 Thompson Street

This home is within Sumner School District.
Rating
School
Type
Grades
Distance
Maple Lawn Elementary School
Public - PK to 5
Sumner Middle School
Public - 6 to 8
Sumner Senior High School
Public - 9 to 12
Tehaleh Heights Elementary School
Public - PK to 5
Rating
School
Distance
Maple Lawn Elementary School
PublicPK to 5

Sumner Middle School
Public6 to 8

Sumner Senior High School
Public9 to 12

Tehaleh Heights Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COMPASS

Based on information submitted to the MLS GRID as of 09/05/2024 05:42 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.