OFF MARKET

Listed by Denny Davison • John S Realty. Bought with NW Elite Home Brokers.

Off market jul 2020 for $501K

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Est. refi paymentEst. refi $1,221/mo

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•

— ba

•

2,364

sq ft

1702 16th St, Sumner, WA 98390

About this home

Great investment opportunity to own a triplex in the highly sought after Sumner area. Great location near the Sounder train, major freeway access and close to shopping. 2 units are 2bdrm and 1 unit is 1bdrm. Updated kitchens and bathrooms with granite tile and refinished original hardwoods. Roof less than 10 yrs old. Coin op laundry. Fully rented income producing property. Middle 2bdrm is rented by family member and will be vacated by closing allowing new owner to move in if desired.

Multi-familyProperty Type

1965Year Built

8,083 sq ftLot Size

$212Price/Sq.Ft.

4 spacesParking

Listed by Denny Davison • John S Realty

Bought with Jeff Pollock • NW Elite Home Brokers

Redfin checked: 2 minutes ago

•Source:NWMLS as Distributed by MLS Grid #1604079

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 98390, WA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

99.0%

0.3% MoM

Median sale price

$557K

$32K MoM

Avg. days on market

28d

6 days MoM

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6 MoM

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Provided by Redfin

Sale history for 1702 16th St

Date

Event

Price

Jul 6, 2020

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #1604079

$501,000

$212/sq ft

May 31, 2020

Pending

NWMLS as Distributed by MLS Grid #1604079

—

May 21, 2020

Pending (Pending Inspection)

NWMLS as Distributed by MLS Grid #1604079

—

May 20, 2020

Listed (Active)

NWMLS as Distributed by MLS Grid #1604079

$495,900

$210/sq ft

Aug 1, 2003

Sold

Public Records

$185,000

$78/sq ft

Sep 19, 1994

Sold

Public Records

$113,500

$48/sq ft

Sep 15, 1988

Sold

Public Records

$91,500

$39/sq ft

Jul 1, 1980

Sold

Public Records

$62,500

$26/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$8,151 (+13.5%)

$231,000 + $454,300

$685,300

2025

$7,179 (+28.3%)

$231,000 + $454,300

$685,300

2024

$5,595 (−6.8%)

$213,600 + $399,600

$613,200

2023

$6,003 (+9.5%)

$213,600 + $327,200

$540,800

2022

$5,481 (+9.0%)

$234,500 + $361,500

$596,000

2021

$5,030 (+6.0%)

$188,900 + $274,500

$463,400

2020

$4,746 (+23.3%)

$143,300 + $238,200

$381,500

2019

$3,849 (−2.4%)

$120,200 + $229,800

$350,000

2018

$3,945 (+26.2%)

$85,100 + $193,600

$278,700

2017

$3,127 (+7.3%)

$85,100 + $193,600

$278,700

2016

$2,915 (+6.0%)

$70,900 + $159,900

$230,800

2015

$2,749 (+11.2%)

$60,700 + $155,700

$216,400

2014

$2,472 (+14.0%)

$63,500 + $142,900

$206,400

2013

$2,169 (−8.5%)

$57,800 + $121,000

$178,800

2012

$2,370 (−3.5%)

$52,900 + $97,000

$149,900

2011

$2,456 (−6.8%)

$69,600 + $114,600

$184,200

2010

$2,635 (−1.5%)

$88,100 + $119,000

$207,100

2009

$2,674

$104,800 + $140,500

$245,300

Tax history for 1702 16th St

Year

Property tax

Land + Additions

Assessment*

2026

$8,151 (+13.5%)

$231,000 + $454,300

$685,300

2025

$7,179 (+28.3%)

$231,000 + $454,300

$685,300

2024

$5,595 (−6.8%)

$213,600 + $399,600

$613,200

2023

$6,003 (+9.5%)

$213,600 + $327,200

$540,800

2022

$5,481 (+9.0%)

$234,500 + $361,500

$596,000

2021

$5,030 (+6.0%)

$188,900 + $274,500

$463,400

2020

$4,746 (+23.3%)

$143,300 + $238,200

$381,500

2019

$3,849 (−2.4%)

$120,200 + $229,800

$350,000

2018

$3,945 (+26.2%)

$85,100 + $193,600

$278,700

2017

$3,127 (+7.3%)

$85,100 + $193,600

$278,700

2016

$2,915 (+6.0%)

$70,900 + $159,900

$230,800

2015

$2,749 (+11.2%)

$60,700 + $155,700

$216,400

2014

$2,472 (+14.0%)

$63,500 + $142,900

$206,400

2013

$2,169 (−8.5%)

$57,800 + $121,000

$178,800

2012

$2,370 (−3.5%)

$52,900 + $97,000

$149,900

2011

$2,456 (−6.8%)

$69,600 + $114,600

$184,200

2010

$2,635 (−1.5%)

$88,100 + $119,000

$207,100

2009

$2,674

$104,800 + $140,500

$245,300

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

8,083 Sq. Ft.

Year renovated

1995

Sq. Ft.

2,364

Year built

1965

Style

Multi-Family (2-4 Unit)

County

Pierce County

APN

9670000430

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 14, 2026.

MDR

Medium-Density Multifamily Residential District

The MDR residential districts are intended to reserve appropriately located areas for multifamily living at a broad range of dwelling unit densities consistent with the comprehensive plan. They are further intended to protect the public health, safety and general welfare by ensuring that opportunities to obtain reasonable cost housing exist for households representing a variety of income categories and lifestyles, facilitating the provision of utility services and other public facilities commensurate with anticipated population and dwelling unit densities, providing designs compatible with community goals, and providing that multifamily developments offer the amenities and conveniences necessary to assure the comfort and enhance the lifestyles of their occupants.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Infrastructure
Communications tower
Housing-Mobile home park

Property details

Parking

Parking Information
Parking Uncovered Spaces: 4
Open Parking Spaces: 4
Has Open Parking

Interior

Heating & Cooling
Has Heating
Has Cooling

Interior Features
Interior Features: Forced Air, Ceramic Tile, Hardwood
Flooring: Ceramic Tile, Hardwood, Vinyl

Multi-Family Financial Information
Electric Expense: $720
Insurance Expense: $780
Net Operating Income: $24,234
Gross Adjusted Income: 24234
Gross Scheduled Income: $33,300
Total Monthly Income: 2775
Gross Rent Multiplier: 14
Total Expenses: 9066

Multi-Unit Information
Units Below Grade: false
Units In Building Total: 3
Vacancy Rate: 1
# of Units (Total): 3

Exterior

Building Information
Roof: Composition

Exterior Features
Exterior Features: Wood Products

Property Information
Energy Source: Electric,Natural Gas
Style Code: 53 - Tri-plex
Property Type: Residential Income
Property Sub Type: Multi Family

Lot Information
MLS Lot Size Source: Realist
Site Features: Cable TV,Gas Available,High Speed Internet
Lot Features: Corner Lot, Curbs, Paved, Sidewalk
Lot Size Units: Square Feet
Lot Size Acres: 0.1856
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $4,746
Tax Year: 2020

Financial Information
Listing Terms: Cash Out, Conventional, FHA
Buyer Financing: VA

Utilities

Utility Information
Water Source: Public
Sewer: Sewer Connected
Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
Water Sewer Garbage: 3540

Location

School Information
High School District: Sumner

Location Information
Directions: Hwy 410 take E Traffic Ave exit. TL onto East Main, TR on Maple St, TL onto Woods Ave, bear right onto 16th St E, property on right.

Community Information
Amenities: Coin Op Laundry,Thermal Windows

Public facts

Beds: 5
Baths: 3.0
Sq. Ft.: 2,364
Stories: 1.0
Lot Size: 8,083 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1965
Year Renovated: 1995
County: Pierce County
APN: 9670000430

Home facts updated by county records on Oct 14, 2026

Other

Listing Information
Mls Status: Sold

Listing Date Information
On Market Date: Wednesday, May 20, 2020

Green Information
Green Energy Efficient: Thermal Windows
Power Production Type: Electric, Natural Gas

Home Information
Living Area Units: Square Feet
Calculated Square Footage: 2364
Building Area Total: 2364
Building Area Units: Square Feet
Structure Type: Triplex
Stories Total: 1

Around this home

Schools

Daffodil Valley Elementary School

Public PreK-5 • Assigned • 0.3mi

8/10

Sumner Middle School

Public 6-8 • Assigned • 1.0mi

9/10

Sumner Senior High School

Public 9-12 • Assigned • 0.2mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

9/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 89° expected this year, 16 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

7/10 Air Factor

9 unhealthy days expected this year, 11 days in 30 years

Provided by First Street

Historical weather

Sumner, WA • 98390

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9 hours in June and 1.7 hours in December, placing it below the U.S. average for solar exposure.

9 hrs

1.7 hrs

JuneDecember

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