$8,669 Closing Credit¹
#2376473, Ashley Nybo, Listing office: John L. Scott Enumclaw
#2389683·
Listing office: Blake Investment Advisors·
Listing agent: Gabe Blake·
Listing office phone: 206-618-2207
$3,530,000 List price
5303 Parker Rd E Sumner, WA 98390
12,680 sqft
1.2 acres
$278 / sqft
House
Property details
About 5303 Parker Rd E
6.05% Current Cap Rate | Sumner Park offers investors a prime opportunity to capitalize on the Sumner sub-markets robust rental market, projected to experience steady growth in 2025 and beyond, with minimal capital expenditure required. This 12,680-square-foot, 16-unit multifamily property is newly renovated, ensuring low immediate maintenance costs and strong tenant appeal. With an average market rent in Sumner of $1,841 as of May 2025, reflecting a 23.8% increase since 2020, the property is well-positioned to deliver consistent cash flow and long-term appreciation. Situated on a 50,560 square foot lot, future development opportunities exist to develop 29 units or 28 townhomes. Buyer to verify.
Highlights
HeatingBaseboard
StatusActive
Size12,680 sqft
Lot size1.1607 Acres
Year built1968
MLS #2389683
Summary
- Flooring Type: Vinyl Plank
- Exterior: Wood Products
- Heating: Baseboard
- Cooling: None
- List Price: $3,530,000
- Price/SqFt: $278
- HOA Amount: $0
- Annual Tax Amount: $17,561
- Tax Year: 2024
- Directions: Highway 410 East. Valley Ave/Highway 162 North. East on Meade McCumber road east. North on Parker Road, East side of road.
- Year Built: 1968
- Stories: 1
- Living Area: 12,680 SqFt
- Lot Size: 1.1607 Acres
- MLS Number: 2389683
- MLS Name: NWMLS
- Office Name: Blake Investment Advisors
- Office Phone: (206) 618-2207
- Listing Agent: Gabe Blake
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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.
DMCA Notice
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.
DMCA Notice
Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site 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. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/12/2025, 2:47:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$3,530,000
5303 Parker Rd E
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 31, 2016 | Home Sold | $1,131,119 |
| Sep 12, 2008 | Home Sold | $1,055,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,699,700 | $17,561 |
| 2023 | $1,699,700 | $17,097 |
| 2022 | $1,545,100 | $18,246 |
| 2021 | $1,287,600 | $16,948 |
| 2020 | $1,287,600 | $17,429 |
| 2018 | $1,170,600 | $15,540 |
| 2017 | $1,099,800 | $15,540 |
History based on county public records data.
Nearby schools
7
Daffodil Valley Elementary School
Public District PK-5
0.4 mi
•1509 Valley Ave E
9
Maple Lawn Elementary School
Public District KG-5
1.1 mi
•230 Wood Ave
6
Crestwood Elementary School
Public District PK-5
1.2 mi
•3914 W Tapps Dr E
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $59,670. Typical income of Sumner, WA residents is between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
26%
<35k
46%
35k-100k
25%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
47%
Single, No Kids
15%
Single, with Kids
20%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
8%
12-17 yrs old
24%
18-34 yrs old
40%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
College Basketball
NBA/WNBA
Pro Wrestling
Where do the neighbors shop?
Dillards
Express/Express For Men
Burlington
Where do the neighbors go to eat?
Logan's Roadhouse
Starbucks
Cicis Pizza
What do the neighbors drive?
Hyundai
Pontiac
Infiniti
What do the neighbors listen to?
Rock
Urban Contemporary
Talk/Personality
All data provided by Home Junction and Claritas
Similar homes for sale
6 days on Rocket
$6,531 Closing Credit¹
#2388414, Mackenzie Record, Listing office: Engel & Voelkers North Tacoma
$1,888 Closing Credit¹
#2281952, Maray Borrego, Listing office: RE/MAX Eastside Brokers, Inc.
$6,649 Closing Credit¹
#2361197, Steven T Ramm, Listing office: eXp Realty
7 days on RocketTour
$8,906 Closing Credit¹
#2386091, Robert Stoeck, Listing office: Redfin
$1,661 Closing Credit¹
#2369452, Victor Zacapu, Listing office: Skyline Properties, Inc.
$9,499 Closing Credit¹
#2378234, Elliott Nutt, Listing office: Engel & Voelkers Seattle DT
$1,959 Closing Credit¹
#2359336, Gina Lane, Listing office: Coldwell Banker Danforth
7 days on Rocket
$10,000 Closing Credit¹
#2383035, Mike Renard, Listing office: Keller Williams Realty PS
9 hours on Rocket
$8,906 Closing Credit¹
#2391099, Mike Mansour, Listing office: John L. Scott, Inc.
Frequently asked questions
About 5303 Parker Rd E
The listing price of 5303 Parker Rd E property is $3,530,000.
The property 5303 Parker Rd E is a house located in Sumner, Washington, 98390.
Active Listing: 5303 Parker Rd E is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5303 Parker Rd E are: Daffodil Valley Elementary School (GreatSchools Rating 7/10), Maple Lawn Elementary School (GreatSchools Rating 9/10), Crestwood Elementary School (GreatSchools Rating 6/10), Sumner Middle School (GreatSchools Rating 7/10), Lakeridge Middle School (GreatSchools Rating 8/10), North Tapps Middle School (GreatSchools Rating 6/10), Sumner High School (GreatSchools Rating 7/10), E B Walker High School (GreatSchools Rating 5/10), Kalles Junior High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $17,561 (source: MLS/based on county public records data).
The last sale was on March 31, 2016 for $1,131,119 (source: MLS/tax record).
The property at 5303 Parker Rd E has 0 bathroom.
The property 5303 Parker Rd E is 12,680 SqFt (source: MLS/tax record).
The year of construction for 5303 Parker Rd E is 1968.
This home is located at 5303 Parker Rd E in Sumner, WA and zip code 98390. This 12,680 square foot home, which was built in 1968, sits on a 1.16 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 9, 2025 and is currently priced at $3,530,000.
In May 2025, from all listings sold in Sumner, WA there were more than 3 sold above asking price, over 4 sold below and more than 3 were sold right at the asked price. In May 2025 in Sumner, WA there were 17.1% more homes for sale than in April. The median list price of listings available in May 2025 was $515,000, while the average time on the real estate market was 60 days.
From Rocket Homes Real Estate and based on county public records data.