Listed by Pellego, Inc., Bought with Pellego, Inc.
NOT LISTED FOR SALE

15515 Grant Ave SW Lakewood, WA 98498

South Lakes Neighborhood
1 Bed
1 Bath
1,120 Sq Ft
0.4 Acres

Last Sold June 08, 2023

Last sale price $390,000 $348 Per Sq Ft

16 Days on Market

Highlights

  • RV Access or Parking
  • Forced Air Cooling System
  • Baseboard Heating
  • No HOA
  • Vinyl Plank Flooring
  • Wood Siding

About This Home

As of June 2023

Two house investment opportunity. Cute duplex just minutes to JBLM gate. Located close to I-5 and excellent location with lots of potential. The block is in an area for future up-zoning. Also, the property is located in "opportunity zone" which qualifies for capital gains tax benefits. 15515 was completely renovated on 2023. Tenants pay for all utilities. This is a cash flowing property with lots of upside potential to raise rents or live in one unit and rent the other. City of Lakewood compliance certificate in place. Great location close to JBLM. Purchase with 3.5% down payment. Don't miss this great opportunity.

Last Agent to Sell the Property

Steve Baik

Pellego, Inc. License #101962 Listed on: 04/18/2023

Last Buyer's Agent

Alana Ponce

Pellego, Inc. License #20108676

Pellego, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2057324

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,917

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 0.4 Acre Lot
  • Street terminates at a dead end

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Vinyl Plank Flooring

Parking

  • 2 Parking Spaces
  • Open Parking
  • RV Access or Parking

Schools

  • Tillicum Elementary School
  • Woodbrook Mid Middle School
  • Clover Park High School

Utilities

  • Forced Air Cooling System
  • Baseboard Heating
  • Septic Tank

Community Details

  • No Home Owners Association
  • Clover Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2200000176

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,917

Year Built

Built in 1940 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1940
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1120
  • EffectiveYearBuiltSource: See Remarks
  • SOCComments: Thank you brokers!
  • Special Features: None
  • Cumulative Days on Market: 369

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Forced Air
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Lakewood water
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Clover Park
  • High School: Clover Park High
  • Middle Or Junior School: Woodbrook Mid

Lot Info

  • Parcel Number: 2200000176
  • Lot Size Acres: 0.4021
  • Lot Size Sq Ft: 17515
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: RV Parking
  • MLSLotSizeSource: County
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 26.23
  • LeasedItems: None
  • TotalMonthlyIncome: 1269

Multi Family

  • Gross Scheduled Income: 15228
  • Net Operating Income: 15228
  • Number Of Units Total: 2
  • Insurance Expense: 1200
  • Leasable Area: 1120
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3917
  • AdditionalTaxIds: 2200000176

MLS Schools

  • Elementary School: Tillicum Elem

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
06/08/2023 06/08/23 Sold $390,000 -2.4% $348 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
04/29/2023 04/29/23 For Sale $399,500 0.0% $357 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
04/18/2023 04/18/23 For Sale $399,500 +112.5% $357 / Sq Ft
02/15/2018 02/15/18 Sold $188,000 -10.5% $261 / Sq Ft
01/14/2018 01/14/18 Pending -- -- --
12/20/2017 12/20/17 For Sale $210,000 -- $292 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steve Baik

    Seller's Agent in 2023

    Steve Baik

    Pellego, Inc.

    (206) 326-8764

    1 in this area

    28 Total Sales

    Steve Baik
    Section Image

  • A

    Buyer's Agent in 2023

    Alana Ponce

    Pellego, Inc.

    Section Image
  • Dana Fehrenbacher

    Seller's Agent in 2018

    Dana Fehrenbacher

    Pellego, Inc.

    (206) 890-1700

    1 Total Sale

    Dana Fehrenbacher
    Section Image
  • Nova Miraflor

    Buyer's Agent in 2018

    Nova Miraflor

    Pellego, Inc.

    (253) 478-3990

    39 Total Sales

    Nova Miraflor
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2057324

Northwest Multiple Listing Service (NWMLS)

APN: 220000-017-1

Washington Pierce County Lakewood 98498 South Lakes

15515 Grant Ave SW, Lakewood, WA

This home is located at 15515 Grant Ave SW, Lakewood, WA 98498 since 18 April 2023. This property was built in 1940. 15515 Grant Ave SW is a home located in Pierce County with nearby schools including Tillicum Elementary School, Thomas 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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