NOT LISTED FOR SALE

12911 Gravelly Lake Dr SW Lakewood, WA 98499

South Lakes Neighborhood

Estimated Value: $484,114 - $524,000

4 Beds
2 Baths
1,518 Sq Ft
$332/Sq Ft Est. Value

Last Sold November 08, 2019

Last sale price $305,000 $201 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,210/month

Highlights

  • Wood Flooring
  • Patio
  • Level Lot
  • Detached Garage
  • Property is Fully Fenced

About This Home

As of November 2019

Offered to current tenant only. Home has been updated over the years with new paint, flooring, cabinets, counter tops, hot water tank, and fixtures. Detached garage had new roof and siding installed as part of the purchase price.

Last Buyer's Agent

Amanda Jorgensen

Windermere Prof Partners License #96405

Windermere Prof Partners

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1541037

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,237

Year Built

  • Built in 1923

Lot Details

  • Property is Fully Fenced
  • Level Lot

Parking

  • Detached Garage

Home Design

  • Poured Concrete
  • Composition Roof

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Lakewood Community

Listing and Financial Details

  • Assessor Parcel Number 0219142028

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,237

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Hardwood, Laminate
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 4
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1518
  • Square Footage Finished: 1518

Exterior Features

  • Exterior: Cement/Concrete
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Wall
  • Power Company: Lakeview
  • Sewer: Sewer Connected
  • Sewer Company: PC Sewer
  • Water Company: Lakewood
  • Water Heater: Elec
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1625
  • Community Name: Lakewood

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: CLP

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 16117
  • Lot Topography Vegetation: Level
  • Parcel Number: 0219142028
  • Lot Topography: Level

Tax Info

  • Tax Amount: 3042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2019
Closed on
Oct 23, 2019
Sold by
Kerbs Thomas J and Kerbs Erin E
Bought by
Newsome Lorien J
Buyer's Agent
Amanda Jorgensen
Windermere Prof Partners
List Price
$305,000
Sold Price
$305,000
Current Estimated Value
$521,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,800
Avg. Annual Appreciation
9.38%
Original Mortgage
$295,850
Outstanding Balance
$261,395
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$249,708

Purchase Details

Closed on
Jun 9, 2011
Sold by
Rocky Creek Limited Partnership
Bought by
Kerbs Thomas J and Kerbs Erin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,902
Interest Rate
4.71%
Mortgage Type
VA

Purchase Details

Closed on
Oct 3, 2008
Sold by
Leipheimer Rex and Leipheimer Amanda
Bought by
Rocky Creek Limited Partnership

Purchase Details

Closed on
Aug 29, 2006
Sold by
Leipheimer Mandie
Bought by
Leipheimer Rex A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2006
Sold by
Foreclosure Investments Bgcm Llc
Bought by
Moody Brent A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 16, 2004
Sold by
Moody Brent A
Bought by
Foreclosure Investments Bgcm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 2, 2003
Sold by
State Street Bank & Trust Co
Bought by
Moody Brent A

Purchase Details

Closed on
Sep 22, 1998
Sold by
Wilson Herbert M
Bought by
Wilson Herbert H and Wilson Eufrosina P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
6.88%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Newsome Lorien J $305,000 First American Title Ins Co
Kerbs Thomas J $135,000 Rainier Title Llc
Rocky Creek Limited Partnership $245,000 Fidelity National Title
Leipheimer Rex A -- Transnation Title
Leipheimer Rex A $245,000 Transnation Title
Moody Brent A -- Transnation Title
Foreclosure Investments Bgcm Llc -- --
Moody Brent A $110,000 First American Title Ins Co
Wilson Herbert H -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newsome Lorien J $295,850
Previous Owner Kerbs Thomas J $137,902
Previous Owner Leipheimer Rex A $196,000
Previous Owner Leipheimer Rex A $49,000
Previous Owner Moody Brent A $151,000
Previous Owner Moody Brent A $127,200
Previous Owner Moody Brent A $125,000
Previous Owner Wilson Herbert H $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2019 11/08/19 Sold $305,000 0.0% $201 / Sq Ft
11/08/2019 11/08/19 For Sale $305,000 -- $201 / 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 $4,237 $443,100 $232,300 $210,800
2024 $4,237 $414,600 $218,200 $196,400
2023 $4,237 $390,400 $212,100 $178,300
2022 $4,002 $408,300 $221,200 $187,100
2021 $3,843 $293,700 $144,400 $149,300
2019 $3,042 $268,300 $126,400 $141,900
2018 $3,186 $252,600 $112,900 $139,700
2017 $2,946 $214,800 $82,800 $132,000
2016 $2,420 $155,100 $48,700 $106,400
2014 $2,318 $151,000 $48,700 $102,300
2013 $2,318 $138,000 $44,700 $93,300
Source: Public Records

Agents Affiliated with this Home

  • Amanda Jorgensen

    Buyer's Agent in 2019

    Amanda Jorgensen

    Windermere Professional Partners

    (253) 297-1749

    83 Total Sales

    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1541037

Northwest Multiple Listing Service (NWMLS)

APN: 021914-2028

Washington Pierce County Lakewood 98499 South Lakes

12911 Gravelly Lake Dr SW, Lakewood, WA

This home is located at 12911 Gravelly Lake Dr SW, Lakewood, WA 98499 since 08 November 2019 and is currently estimated at $503,529, approximately $331 per square foot. This property was built in 1923. 12911 Gravelly Lake Dr 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

Nearby Homes