Listed by Skyline Properties, Inc.
NOT LISTED FOR SALE

12615 To 12623 Lincoln Ave SW Lakewood, WA 98499

Pacific-Lakeview Neighborhood
-- Bed
-- Bath
14,662 Sq Ft
0.69 Acres

Last Sold September 23, 2021

Last sale price $2,916,225 $199 Per Sq Ft

5 Days on Market

Highlights

  • 0.69 Acre Lot
  • Territorial View
  • Patio
  • Deck
  • Corner Lot
  • Vinyl Plank Flooring

About This Home

As of September 2021

Great 18-Unit multi-family property built in 1985. All units are 2Bed/1Bath with patio or balcony. 8 units have been renovated. New roof in 2016; new exterior paint in 2021. Coin-operated laundry. Apartments are always in high demand!

Last Agent to Sell the Property

Richard Wenger

Skyline Properties, Inc. License #77029 Listed on: 06/21/2021

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1795599

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,612

Year Built

  • Built in 1985

Lot Details

  • 0.69 Acre Lot
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 14,662 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl Plank
  • Vinyl

Parking

  • 34 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Clover Park High School

Utilities

  • Cable TV Available

Community Details

  • Lakewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0219114199

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,612

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1985
  • Buyer Agency Compensation: 2%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 14662
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 364

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 34
  • Open Parking: Yes
  • Total Parking Spaces: 34
  • ParkingUncoveredSpaces: 34

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Lakeview Light & Power
  • SewerCompany: Pierce County Sewer
  • WaterCompany: Lakewood Water District
  • WaterSewerGarbage: 23715

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Clover Park
  • High School: Clover Park High

Lot Info

  • Parcel Number: 0219114199
  • Lot Size Acres: 0.69
  • Lot Size Sq Ft: 30056
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Patio
  • MLSLotSizeSource: Public Records

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 20050

Multi Family

  • Gross Scheduled Income: 240600
  • Net Operating Income: 158756
  • Number Of Units Total: 18
  • Electric Expense: 2989
  • Insurance Expense: 6478
  • Leasable Area: 14662
  • EnergySource: Electric
  • UnitsInBuildingTotal: 18
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2021
  • Tax Annual Amount: 22612

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2021 09/23/21 Sold $2,916,225 +4.2% $199 / Sq Ft
06/26/2021 06/26/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $2,800,000 -- $191 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Richard Wenger

    Skyline Properties, Inc.

    (253) 350-8184

    1 in this area

    29 Total Sales

    Richard Wenger
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1795599

Northwest Multiple Listing Service (NWMLS)
Washington Pierce County Lakewood 98499 Pacific-Lakeview

12615 To 12623 Lincoln Ave SW, Lakewood, WA

This home is located at 12615 To 12623 Lincoln Ave SW, Lakewood, WA 98499 since 21 June 2021. This property was built in 1985. 12615 To 12623 Lincoln Ave SW is a home located in Pierce County with nearby schools including Tyee Park Elementary School, Lochburn Middle School, and Clover Park High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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 is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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