Listed by Asay Realty, Bought with Engel & Voelkers Chambers Bay
$535,000
SOLD JUN 20, 2025

10230 To 10232 Melody Ln SW Lakewood, WA 98498

Central Lakes Neighborhood
3 Beds
2 Baths
936 Sq Ft
6,900 Sq Ft Lot

Recently Sold

$572 Per Sq Ft

3% Below List Price

6 Days on Market

Highlights

  • 26 Feet of Waterfront
  • Lake View
  • No HOA
  • Second Kitchen
  • Deck
  • Bathroom on Main Level

About This Home

As of June 2025

Lakefront living on serene Lake Louise! This rare duplex-style opportunity features two charming homes on one lot with 26 feet of no-bank waterfront—ideal for fishing, kayaking, or summer fun. Live in one and "house hack" the other, rent both, or explore short-term rental potential with proven income history. Flexible options for investors or dream-home builders—build later on this scenic, spring-fed lakefront lot. Peaceful setting just minutes from I-5 & JBLM. Updated utilities, off-street parking, and easy access. A unique lifestyle or income-generating opportunity awaits!

Last Agent to Sell the Property

Trevor Asay

Asay Realty License #22026122 Listed on: 05/08/2025

Co-Listed By

Sarah Asay

Asay Realty License #26714

Last Buyer's Agent

Luke Bentson

Engel & Voelkers Chambers Bay License #111918

Engel & Voelkers Chambers Bay

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2371314

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,979

Year Built

  • Built in 1940

Lot Details

  • 6,900 Sq Ft Lot
  • 26 Feet of Waterfront
  • Lake Front
  • Partially Fenced Property
  • Level Lot

Parking

  • Off-Street Parking

Property Views

  • Lake
  • Territorial

Home Design

  • Flat Roof Shape
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Electric Fireplace

Kitchen

  • Second Kitchen
  • Stove

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lake Louise Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,979

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 1940
  • Inclusions: Refrigerator(s),See Remarks,Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 936
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • SOCComments: Thank you for showing
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2371314?w=Consumer&agent=101176
  • Special Features: VirtualTour
  • Cumulative Days on Market: 19

Interior Features

  • Basement: None
  • Appliances: Refrigerator(s), See Remarks, Stove(s)/Range(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Electric
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Second Kitchen, Water Heater
  • Living Area: 936
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • SquareFootageFinished: 936
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Refrigerator(s),See Remarks,Stove(s)/Range(s)

Exterior Features

  • Roof: Composition, Flat
  • View: Lake, Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront Features: Low Bank, Lake, No Bank
  • Waterfront: Yes
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Pillar/Post/Pier
  • Structure Type: House
  • WaterfrontFootage: 26

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Pierce County Sewer
  • WaterCompany: Lakewood Water
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Lakewood
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 0219043057
  • Topography: Level,Sloped
  • Land Lease: No
  • Lot Size Acres: 0.1584
  • Lot Size Sq Ft: 6900
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: true

Tax Info

  • Year: 2025
  • Tax Annual Amount: 4979

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2025
Closed on
Jun 6, 2025
Sold by
Nicholson Daniel and Nicholson Michelle
Bought by
Burgess Michael J and Reed Russell S
Seller's Agent
Trevor Asay
Asay Realty
Buyer's Agent
Luke Bentson
Engel & Voelkers Chambers Bay
List Price
$550,000
Sold Price
$535,000
Premium/Discount to List
-$15,000
-2.73%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
85.74%
Original Mortgage
$401,250
Outstanding Balance
$401,250
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$175,017

Purchase Details

Closed on
Mar 12, 2019
Sold by
Rodriguez Angelo J and Rodriguez Vaile L
Bought by
Nicholson Daniel and Nicholson Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,250
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $535,000 Approved Title
Warranty Deed $359,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $401,250 New Conventional
Previous Owner $269,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Sold $535,000 -2.7% $572 / Sq Ft
05/14/2025 05/14/25 Pending -- -- --
05/08/2025 05/08/25 For Sale $550,000 -- $588 / 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 $4,278 $450,400 $337,600 $112,800
2024 $4,278 $449,300 $337,600 $111,700
2023 $4,278 $378,600 $279,500 $99,100
2022 $4,061 $369,500 $282,900 $86,600
2021 $3,895 $285,500 $211,100 $74,400
2019 $3,088 $261,300 $189,300 $72,000
2018 $3,042 $243,700 $189,700 $54,000
2017 $3,042 $215,100 $163,600 $51,500
2016 $2,386 $161,200 $114,500 $46,700
2014 $2,499 $141,700 $98,100 $43,600
2013 $2,499 $127,000 $85,100 $41,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2371314

Northwest Multiple Listing Service (NWMLS)

APN: 021904-3057