Listed by Home Team Northwest Inc, Bought with Westlake Associates, Inc.
NOT LISTED FOR SALE

5808 Parker Rd E Sumner, WA 98390

Estimated Value: $883,000 - $1,018,000

9 Beds
4 Baths
3,048 Sq Ft
$307/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $790,000 $259 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,800/month

6 Days on Market

Highlights

  • Territorial View
  • Patio
  • Wood Siding
  • Sumner Middle School Rated A-
  • Property is Fully Fenced
  • Wall to Wall Carpet

About This Home

As of July 2021

Rare opportunity to purchase this desirable downtown Sumner triplex! Three 3 bed/1.5 bath 1016 sq ft units each with own garage. Units have been well maintained. New roof in 2018, new exterior paint in 2019. Each unit has own washer/dryer and dishwasher. Unit A has a new water heater. Unit B has a new refrigerator. All appliances included except washer/dryer (owned by tenants). WAY under market rents by as much at $1650! Rentometer suggests $1985 average rent per unit turning this triplex into a huge win for the new owner.

Last Agent to Sell the Property

Colin Findlay

Home Team Northwest Inc License #7200 Listed on: 05/07/2021

Last Buyer's Agent

Travis Kannier

Westlake Associates, Inc. License #79950

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1770616

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,871

Year Built

  • Built in 1979

Lot Details

  • 9,000 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,048 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 3 Covered Spaces
  • Open Parking

Schools

  • Daffodil Vly Elementary School
  • Sumner Middle School
  • Sumner Snr High School

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Sumner Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3585010080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,871

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1979
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3048
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: SOC different if Listing Agent sells
  • Special Features: None
  • Cumulative Days on Market: 207

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Sumner
  • WaterCompany: City of Sumner
  • WaterSewerGarbage: 4800

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Sumner-Bonney Lake
  • High School: Sumner Snr High
  • Middle Or Junior School: Sumner Middle

Lot Info

  • Parcel Number: 3585010080
  • Lot Size Acres: 0.2066
  • Lot Size: 9000
  • Lot Size Sq Ft: 9000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Patio
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 19
  • LeasedItems: None
  • TotalMonthlyIncome: 4300

Multi Family

  • Gross Scheduled Income: 42650
  • Net Operating Income: 31279
  • Number Of Units Total: 3
  • Insurance Expense: 1700
  • Leasable Area: 3048
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 4871

MLS Schools

  • Elementary School: Daffodil Vly Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jul 1, 2021
Sold by
Devries Kimberly A and Clements Kimberly Ann
Bought by
Bago Sara J and Bago Dustin K
Seller's Agent
Colin Findlay
Home Team Northwest Inc
Buyer's Agent
Travis Kannier
Westlake Associates, Inc.
List Price
$825,000
Sold Price
$790,000
Premium/Discount to List
-$35,000
-4.24%
Current Estimated Value
$956,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,934
Avg. Annual Appreciation
4.67%
Original Mortgage
$592,500
Outstanding Balance
$539,927
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$412,298

Purchase Details

Closed on
Jul 29, 1999
Sold by
Clements Douglas M
Bought by
Clements Kimberly Ann

Purchase Details

Closed on
Oct 25, 1997
Sold by
Thompson Ralph A
Bought by
Clements Douglas Matthew and Clements Kimberly Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.36%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bago Sara J $790,000 Fidelity National Title
Clements Kimberly Ann -- --
Clements Douglas Matthew $172,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bago Sara J $592,500
Previous Owner Clements Douglas Matthew $280,000
Previous Owner Clements Douglas M $240,000
Previous Owner Clements Douglas Matthew $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $790,000 -4.2% $259 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $825,000 -- $271 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,730 $884,400 $246,300 $638,100
2024 $6,730 $741,700 $231,000 $510,700
2023 $6,730 $650,700 $231,000 $419,700
2022 $6,577 $717,200 $253,500 $463,700
2021 $6,216 $471,700 $154,900 $316,800
2019 $4,871 $446,000 $136,900 $309,100
2018 $5,015 $390,100 $117,500 $272,600
2017 $3,974 $354,500 $96,900 $257,600
2016 $3,493 $276,200 $69,100 $207,100
2014 $2,895 $262,400 $72,300 $190,100
2013 $2,895 $228,600 $65,900 $162,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1770616

Northwest Multiple Listing Service (NWMLS)

APN: 358501-0080