Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7312 153rd Ave E Ct Sumner, WA 98390-2543
    Back to Search
    Property profile & analytics

    7312 153rd Ave E Ct, Sumner, WA 98390-2543

    View on Map
    • Mobile home & RV parks
    • 960 SF
    • 10.49 lot acres
    Off-Market
    Property ID
    US90-0998262
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mobile home & RV parks

    Property Details for 7312 153rd Ave E Ct

    Year built
    1969
    Construction
    WOOD FRAME
    Lot size
    10.49 lot acres
    Zone code
    R10
    Property type
    Mobile home & RV parks
    APN
    520303024
    APU
    520303024

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 5, 2014 $1,494,719 Jambo Trading LLC Sumner Riverpark LLC Warranty Deed $1M · Us Bank NA
    Dec 31, 1998 — Sumner Riverpark LLC Tucker,donald & Pilar Quit Claim Deed · related —
    — — Sumner Riverpark LLC — Loan Modification · related $747k · Washington Fed'l Svgs
    — — Sumner Riverpark LLC — Deed Of Trust · related $1M · First Mutual Bank
    — — Sumner Riverpark LLC — Deed Of Trust · related $120k · Equity Advantage

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sumner
    County
    Pierce
    State
    Washington
    Longitude
    -122.224
    Latitude
    47.1895
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $23,640
    $1,547,000
    $77,700
    $1,624,700
    -
    $1,547,000
    $77,700
    $1,624,700

    Comparable in this City

    • Value Estimation by Request
      924 SF

      4903 Vly E Hwy

      MOBILE HOME PARK, TRAILER PARK
      4903 Vly E Hwy, Sumner, WA 98390
      View Details
    • Value Estimation by Request
      1,242 SF

      5506 160th E Ave

      MOBILE HOME PARK, TRAILER PARK
      5506 160th E Ave, Sumner, WA 98390
      View Details
    • Value Estimation by Request
      1,188 SF

      15708 Elm E St

      MOBILE HOME PARK, TRAILER PARK
      15708 Elm E St, Sumner, WA 98390
      View Details
    • Value Estimation
      $1,950,000
      1.18 Acres

      7910 Riverside E Dr

      MOBILE HOME PARK, TRAILER PARK
      7910 Riverside E Dr, Sumner, WA 98390
      View Details
    • Value Estimation
      $4,285,000
      22,948 SF

      17404 44th E Ave

      APARTMENT HOUSE (100+ UNITS)
      17404 44th E Ave, Sumner, WA 98390
      View Details
    • Value Estimation
      $550,000
      3,296 SF

      15424 Washington St

      APARTMENT HOUSE (5+ UNITS)
      15424 Washington St, Sumner, WA 98390-3231
      View Details

    Similar Nearby for Sale

    • $9,200,000

      Sumner Veterinary Hospital For Sale

      Mission-critical veterinary hospital in Sumner, WA, long-term NVA lease.
      16024 60Th St E, Sumner, WA 98390
      View Details
    • Contact for pricing

      Sumner Square Retail Investment Opportunity

      Fully leased retail property with development potential in Sumner, WA.
      15716-15720 Main St E, Sumner, WA 98390
      View Details
    • $8,250,000

      Sumner Square Retail Investment Opportunity

      Fully leased retail property with NNN tenants in Sumner, WA.
      15716 Main St E, Sumner, WA 98390
      View Details
    • Contact for pricing

      Sumner Redevelopment Site or Church

      Prime downtown Sumner redevelopment site or updated church for sale.
      611 Mckinnon Ave, Sumner, WA 98390
      View Details
    • Contact for pricing
      36,348 SF

      Sumner Veterinary Hospital Investment Opportunity

      Long-term leased medical facility in Sumner, WA.
      16024-16102 60Th St E, Sumner, WA 98390
      View Details
    • $799,950
      87,120 SF

      Prime Commercial Land in Sumner

      High-visibility commercial land with redevelopment potential in a growing corridor.
      16219 64Th St E, Sumner, WA 98390
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Leased Office and Warehouse Buildings

      Two buildings with land parcel available for development.
      12714 Valley Ave E, Sumner, WA 98390
      View Details
    • $13,404 /Mo
      6,434 SF

      Sumner Retail Office Flex Space

      High visibility corner location with drive-through service and parking.
      921 Alder Ave, Sumner, WA 98390
      View Details
    • Contact for pricing

      Sumner Office Space For Rent

      Second floor office space with excellent exposure near SR 410.
      6008 160Th Avenue Ct East, Sumner, WA 98390
      View Details
    • Contact for pricing
      89,700 SF

      Sumner Warehouse Space Available

      185,700 sqft warehouse space for lease in Sumner, WA.
      3520 142Nd Avenue Ct East, Sumner, WA 98390
      View Details
    • Contact for pricing
      4,006 SF

      Sumner Warehouse Space Available

      4,006 SF warehouse space with convenient highway access.
      13701 E 24Th St, Sumner, WA 98390
      View Details
    • Contact for pricing
      2,500 SF

      Sumner Office Building For Rent

      Office space in excellent condition with great exposure and visibility.
      808 Traffic Ave, Sumner, WA 98390
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7312 153rd Ave E Ct
    Sumner, WA 98390-2543
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7312 153rd Ave E Ct, Sumner, WA, 98390
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!