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← Back to search results/Edgewood, WA/5408 123rd Avenue E
1 / 26SOLD JUL 29, 2026
Listed by Ken Freed • Windermere RE/Lake Tapps, Inc. Buyer represented by Keller Williams South Sound.
SOLD JUL 29, 2026

$698,888

3 bd•2.75 ba•2,900 sq ft

5408 123rd Avenue E, Edgewood, WA 98372

• Listed Jun 11, 2026

RexMont Market Signal for 5408 123rd Avenue E

Sold price on record

RexMont Market Signal $698,888

Closed sale price · as of July 29, 2026, the day it sold.

Market Signal since the sale

$743,810

Likely $661,948 – $911,849 · solid read · as of November 1, 2026

Estimate, not an appraisal.

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID; King County Assessor records.

Your home value, prepared by the designated broker

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Listing Broker: Windermere RE/Lake Tapps, Inc; Ken Freed; 253-939-7442

Buyer Broker: Keller Williams South Sound

About this home

New on the market! Mt. Rainier views. This wonderful home is 2,900 sq. ft. Mid-entry design features rooms for every need. This home is situated on an expansive .45-acre lot and offers the perfect blend of comfort, space, and functionality. Designed with entertaining in mind, the home features a large deck overlooking a beautifully landscaped backyard that is truly a gardener's delight. Inside, you'll find 3 spacious bedrooms, 2.75 bathrooms, a formal dining room, and a thoughtful floor plan that provides room for everyone. The large primary suite includes a generous walk-in closet and spacious private bath. The lower level offers a huge bonus room with a cozy pellet stove, a 3/4 bath, and a den—ideal for a home office, guest space, or hobby room. The oversized 3-car garage provides ample storage and parking. Mature landscaping creates a private, park-like setting with plenty of room to relax, play, or garden. All appliances are included, making this home move-in ready. A rare opportunity to own a spacious home on a large lot with exceptional indoor and outdoor living spaces.

Property type
Single Family
Year built
1993
Interior
2,900 sq ft
Lot size
0.45 acres
Parking
3-car garage
Price / sq ft
$241
HeatingForced Air
CoolingNone
Property taxes$9,092/yr (est.)
School districtSumner-Bonney Lake

Listed by Ken Freed • Windermere RE/Lake Tapps, Inc

Listing updated: August 29, 2026 at 04:03am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2525383

Around this home

Property details

Interior features

  • Bath Off Primary
  • Built-In Vacuum
  • Dbl Pane/Storm Window
  • Dining Room
  • Fireplace
  • Jetted Tub
  • Walk-In Closet(s)
  • Water Heater
  • 2 fireplaces (pellet stove, wood burning)
  • Finished basement

Kitchen

  • Dishwasher
  • Dryer
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 3 bedrooms total
  • 3 on the main level

Bathrooms

  • 2 full bathrooms
  • 1 three-quarter bathroom (shower, no tub)
  • 2.75 bathrooms total (NWMLS count)
  • 2 on the main level

Layout

  • Split Entry
  • 2,900 sq ft finished
  • 980 sq ft garage

Flooring

  • Ceramic Tile
  • Engineered Hardwood

Heating & cooling

  • Forced Air heating
  • None cooling

Schools

Ratings via SchoolDigger

Sumner-Bonney Lake School District

Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Level
Vegetation
Fruit Trees, Garden Space
Faces
Northwest

Systems

Energy source
Electric
Power production
Electric
Water heater
electric
Water heater location
garage
Power company
PSE
Water company
Mt View - Edgewood Water
Sewer company
Septic
Garbage service
Murrey
Irrigation water rights
No

Rooms & extras

Bathtubs
2
Showers
1
Fireplaces on main
1
Fireplaces lower level
1
Excluded items
No

New construction

Construction methods
Standard Frame
Square footage source
Public Records
Lot size source
Public Records
Effective year built source
Public Records

Manufactured home

Land lease
No

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

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The members' report

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Sales & Tax Records for 5408 123rd Avenue E

NWMLS via MLS Grid · Pierce County Assessor

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Jul 29, 2026
    Sold
    NWMLS via MLS Grid · #2525383
    $698,888
    $241/sq ft
  2. Jun 28, 2026
    Pending
    NWMLS via MLS Grid · #2525383
    $698,888
    $241/sq ft
  3. Jun 28, 2026
    Price reduced
    NWMLS via MLS Grid · #2525383
    $698,888
    $241/sq ft
  4. Jun 11, 2026
    Listed
    NWMLS via MLS Grid · #2525383
    $725,000
    $250/sq ft
  5. Sep 13, 2002
    Sold
    NWMLS via MLS Grid · #22075436
    $314,950
    $109/sq ft
  6. Jul 8, 2002
    Pending
    NWMLS via MLS Grid · #22075436
    $314,950
    $109/sq ft

Market pulse

Edgewood is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 87 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $534,950 Sold

    3 days ago

    2 bd•1.5 ba•~1,411 sq ft•Single Family

    5226 108th Avenue Ct E, Puyallup, WA 98372

    0%

    Over list

    91

    Days on market

    0.9 mi

    Distance

  • $555,000 Sold

    2 weeks ago

    3 bd•1.75 ba•~2,005 sq ft•Single Family

    5106 112th Avenue Ct E, Edgewood, WA 98372

    19%

    Under list

    76

    Days on market

    0.7 mi

    Distance

  • $288,000 Sold

    2 weeks ago

    2 bd•1.5 ba•~1,135 sq ft•Single Family

    10915 E 62nd Street, Puyallup, WA 98372

    1%

    Over list

    38

    Days on market

    1.0 mi

    Distance

  • $600,000 Sold

    5 weeks ago

    3 bd•2 ba•~1,986 sq ft•Single Family

    4602 Caldwell Road E, Edgewood, WA 98372

    0%

    Over list

    33

    Days on market

    0.7 mi

    Distance

  • $350,000 Sold

    5 weeks ago

    3 bd•1.75 ba•~1,296 sq ft•Single Family

    5608 114th Avenue Ct, Puyallup, WA 98372

    0%

    Over list

    —

    Days on market

    0.6 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market data from MLS GRID / NWMLS · Updated Nov 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of November 9, 2026 at 11:08 AM PT (date and time MLS GRID Data was obtained). 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.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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© 2026 Northwest Multiple Listing Service. All rights reserved.

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