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Property profile & analytics
OFF-MARKET
Estimated value
$870,000
Apartment buildings
6109 Parker E Rd Sumner, WA 98390-2664
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1808017
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1967
Construction
WOOD FRAME
Total area
5,920 SF
Lot
0.55 ac (24,015 SF)
Zoning code
GC
APN
520197005
UPID
US90-1808017
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$870k
Owner & transaction history
Parker Road Tnc LLC · 9 yrs held
Parker Road Tnc LLC
since 2017
7 recorded transactions
Zoning & alternative use
GC · Sumner, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Sumner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sumner submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,195,000
6.5%
$1,100,000
7%
$1,025,000
Blend value · Realmo final
$870k
Range $783k – $957k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$147 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$12,896
Tax year 2024
Assessed value
$1,247,900
Assessed 2024
Previous assessed
$1,247,900
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$635,800
Assessed improvement
$612,100
Land market value
$635,800
Improvement market value
$612,100
Total market value
$1,247,900
Applied tax rate
117.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1967
Construction
WOOD FRAME
Heating
ELECTRIC
Cooling
CENTRAL
Stories
1
Units
10
Total area
5,920 SF
Lot
0.55 ac (24,015 SF)
Zoning code
GC
APN
520197005
UPID
US90-1808017
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
GC · Sumner, WA
Zoning GC · permitted uses
GC · Sumner, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sumner. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Construction
WOOD FRAME
Heating
ELECTRIC
Cooling
Yes
Stories
1
Units
10
Lot
0.55 ac
Current owner
From public records · entity-resolved
Parker Road Tnc LLC
Entity
Mailing address
1120 E TER ST STE #300, SEATTLE, WA 98122-7405
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 20, 2023
—
Parker Road Tnc LLC
—
Deed
related
$8,000,000 · Boeing Employees Cu
Oct 4, 2018
—
Parker Road Tnc LLC
—
Grant Deed
related
$6,975,000 · Banner Bk
Jul 31, 2017
—
Parker Road Tnc LLC
—
Trustees Deed
related
$848,000 · First Fed'l S&l Assoc/port Ang
Jul 21, 2017
$3,142,000
Parker Road Tnc LLC
Pinewood Vista Apts LLC
Warranty Deed
—
Apr 25, 2011
$307,252
Pinewood Vista Apts LLC
Karen L Gibbon Ps
Trustees Deed
—
Oct 1, 2008
$72,500
Sadie Lou Properties LLC
Ppa Group LLC
Quit Claim Deed
related
—
Nov 9, 2005
$1,974,320
Magic Coast Properties LLC
Weaver,marian E J
Grant Deed
$1,530,000 · Mrian E J Weaver
—
—
Magic Coast Properties LLC
—
Deed Of Trust
related
$250,000 · Ccnj Real Investments LLC
—
—
Parker Road Tnc LLC
—
Deed Of Trust
related
$3,517,500 · First Fed'l S&l Assoc/port Ang
—
—
Mynette Boykin
—
Deed Of Trust
related
$50,000 · Linnea Fulton
—
—
Edward A Weaver
—
Deed Of Trust
related
$98,124 · Seafirst Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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