$510,000
SOLD FEB 10, 2025
-- Bed
-- Bath
2,728 Sq Ft
0.41 Acres

Recently Sold

$187 Per Sq Ft

Highlights

  • No HOA
  • Wood Siding
  • 1-Story Property
  • Property is Fully Fenced

About This Home

As of May 2025

This home is located at 12020 Edgewood Ave SW, Lakewood, WA 98498 and is currently priced at $510,000, approximately $186 per square foot. This property was built in 1955. 12020 Edgewood Ave SW is a home located in Pierce County with nearby schools including Lake Louise Elementary School, Thomas Middle School, and Lakes High School.

Last Agent to Sell the Property

Gervon Simon

COMPASS License #21036822 Listed on: 02/10/2025

COMPASS

Last Buyer's Agent

Gervon Simon

COMPASS License #21036822 Listed on: 02/10/2025

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2331402

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,378

Year Built

  • Built in 1955

Lot Details

  • 0.41 Acre Lot
  • Property is Fully Fenced

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,728 Sq Ft Home
  • 1-Story Property

Parking

  • 8 Parking Spaces
  • Open Parking

Community Details

  • No Home Owners Association
  • American Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5005003720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,378

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1955
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2728
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Security: PartiallyFenced
  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Parcel Number: 5005003720
  • Lot Size Acres: 0.4132
  • Lot Size Sq Ft: 18000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Multi Family

  • Number Of Units Total: 4
  • Leasable Area: 2728
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2025
Sold by
Dinh Bao
Bought by
Digs92 Llc

Purchase Details

Listed on
Apr 3, 2025
Closed on
Apr 30, 2025
Sold by
Dinh Ngoc
Bought by
Dinh Bao
Seller's Agent
Gervon Simon
COMPASS
Buyer's Agent
Dyyana Simon
COMPASS
List Price
$725,000
Sold Price
$763,000
Premium/Discount to List
$38,000
5.24%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-21.47%
Original Mortgage
$572,250
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2025
Closed on
Apr 24, 2025
Sold by
Good Foundations Group Llc
Bought by
Dinh Bao
Seller's Agent
Gervon Simon
COMPASS
Buyer's Agent
Dyyana Simon
COMPASS
List Price
$725,000
Sold Price
$763,000
Premium/Discount to List
$38,000
5.24%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,250
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 10, 2025
Closed on
Feb 3, 2025
Sold by
Bennett Ellan Mae
Bought by
Good Foundations Group Llc
Seller's Agent
Gervon Simon
COMPASS
Buyer's Agent
Gervon Simon
COMPASS
List Price
$510,000
Sold Price
$510,000
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
524.09%
Original Mortgage
$539,000
Interest Rate
6.85%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 31, 2005
Sold by
Bennett Ellan Mae
Bought by
Bennett Ellan Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
6.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 20, 2003
Sold by
Bennett Ellan Mae
Bought by
Bennett Ellan Mae and The Ellan Mae Bennett Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,052
Interest Rate
6.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 9, 2003
Sold by
Bennett Ellan Mae
Bought by
Bennett Ellan Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,052
Interest Rate
6.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 8, 2002
Sold by
Bennett Ellan Mae
Bought by
The Ellan Mae Bennett Living Trust

Purchase Details

Closed on
Dec 6, 1993
Sold by
Warner Irvin E and Warner Marlene L
Bought by
Bennett Ellan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,157
Interest Rate
6.89%
Mortgage Type
Assumption
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
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- Ticor Title
Warranty Deed $763,000 Ticor Title
Warranty Deed $450,000 Ticor Title
Interfamily Deed Transfer -- Transnation Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Pst
Interfamily Deed Transfer -- --
Warranty Deed -- Commonwealth Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $572,250 New Conventional
Previous Owner $539,000 Construction
Previous Owner $15,000 Commercial
Previous Owner $215,400 Commercial
Previous Owner $166,000 Commercial
Previous Owner $130,052 Commercial
Previous Owner $146,157 Assumption
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Sold $763,000 +5.2% $280 / Sq Ft
04/06/2025 04/06/25 Pending -- -- --
04/03/2025 04/03/25 For Sale $725,000 +42.2% $266 / Sq Ft
02/10/2025 02/10/25 Sold $510,000 0.0% $187 / Sq Ft
02/10/2025 02/10/25 For Sale $510,000 -- $187 / 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 $7,378 $669,800 $222,400 $447,400
2024 $7,378 $665,900 $227,400 $438,500
2023 $7,378 $685,400 $233,700 $451,700
2022 $5,621 $666,400 $245,100 $421,300
2021 $5,415 $414,600 $150,300 $264,300
2019 $4,053 $364,100 $130,700 $233,400
2018 $4,259 $336,600 $115,400 $221,200
2017 $4,115 $287,500 $93,200 $194,300
2016 $3,631 $240,100 $59,500 $180,600
2014 $3,242 $227,800 $55,900 $171,900
2013 $3,242 $195,900 $46,200 $149,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2331402

Northwest Multiple Listing Service (NWMLS)

APN: 500500-3720