Listed by Engel & Voelkers Chambers Bay, Bought with Dove Realty, Inc.
NOT LISTED FOR SALE

3121 88th St S Lakewood, WA 98499

Northeast Lakewood Neighborhood

Estimated Value: $485,000 - $528,000

3 Beds
3 Baths
1,676 Sq Ft
$299/Sq Ft Est. Value

Last Sold November 30, 2012

Last sale price $112,400 $67 Per Sq Ft

Est. 346% increase in value since last sale

Current estimated payment $3,023/month

63 Days on Market

About This Home

As of November 2012

This fixer has some real perks if you're looking for VALUE! This is a 3 bedroom / 2.5 bathroom home with a nice layout, a good-sized kitchen space with a view of the yard, a spacious living room with a fireplace & vaulted ceilings, a lower floor family room with a fireplace, a master suite with a private bathroom, recent improvements of the vinyl windows / exterior siding, central heating, a 2 car garage, and an extra large deck overlooking the fenced yard. Savor the value.

Last Agent to Sell the Property

Ryan Meacham

Engel & Voelkers Chambers Bay License #11565 Listed on: 09/05/2012

Engel & Voelkers Chambers Bay

Last Buyer's Agent

Justin Bartlett

Dove Realty, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM401368

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$4,510

Year Built

1977

Lot Details

0

Listing Details

  • Condition: Fixer
  • Special Features: 20
  • Year Built: 1977

Interior Features

  • Features: Bath Off Master, Double Pane/Storm Window, Dining Room, Vaulted Ceilings
  • Fireplaces: 2
  • Floor: Wall to Wall Carpet
  • Water Heater Location: bsmt

Exterior Features

  • Exterior: Metal/Vinyl
  • Foundation: Poured Concrete
  • Lot Details: Paved Street
  • Roof: Composition
  • Site Features: Deck, Partial Fence, Patio

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Spaces: 2

Utilities

  • Heating and Cooling: Forced Air
  • Power Company: Lakeview Light and Power
  • Sewer: Connected
  • Sewer Company: Pierce County Sewer
  • Water Company: Lakewood Water
  • Water Source: Public

Lot Info

  • Lot Dimensions: XLRG lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2022
Sold by
2017-1 Iii Borrower Lp
Bought by
Ih2 Property Borrower Lp
Current Estimated Value
$501,285

Purchase Details

Closed on
Sep 5, 2017
Sold by
2014-1 Ih Borrower Lp
Bought by
2017-1 Ih Borrower Lp

Purchase Details

Closed on
Jun 5, 2014
Sold by
Thr Washington Ii Lp
Bought by
2014-1 Ih Borrower Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$993,738,000
Interest Rate
4.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 5, 2012
Closed on
Nov 27, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Thr Washington Ii Lp
Seller's Agent
Ryan Meacham
Engel & Voelkers Chambers Bay
Buyer's Agent
Justin Bartlett
Dove Realty, Inc.
List Price
$112,400
Sold Price
$112,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.24%

Purchase Details

Closed on
Jun 26, 2012
Sold by
Carter Charlotte A
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Sep 5, 2008
Sold by
Carter Patrick F
Bought by
Carter Charlotte A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2003
Sold by
Carter Patrick F
Bought by
Carter Patrick F and Carter Charlotte A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 1998
Sold by
Mai Phung T
Bought by
Carter Patrick F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,293
Interest Rate
7.07%
Mortgage Type
VA

Purchase Details

Closed on
Jun 30, 1993
Sold by
Mai Dung H
Bought by
Mai Phung T and Luong Tuyet T
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Ih2 Property Borrower Lp -- None Listed On Document
2017-1 Ih Borrower Lp -- None Available
2014-1 Ih Borrower Lp -- None Available
Thr Washington Ii Lp -- Nextitle
Federal Home Loan Mortgage Corp $143,100 Nextitle
Carter Charlotte A -- Old Republic Title Ltd
Carter Patrick F -- Chicago Title Insurance Co
Carter Patrick F $117,934 --
Mai Phung T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2017-1 Ih Borrower Lp $999,999,713
Previous Owner 2014-1 Ih Borrower Lp $993,738,000
Previous Owner Carter Charlotte A $238,000
Previous Owner Carter Patrick F $200,000
Previous Owner Carter Patrick F $37,500
Previous Owner Carter Patrick F $165,000
Previous Owner Carter Patrick F $120,293
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2012 11/30/12 Sold $112,400 0.0% $67 / Sq Ft
11/07/2012 11/07/12 Pending -- -- --
09/05/2012 09/05/12 For Sale $112,400 -- $67 / 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 $4,510 $466,400 $210,000 $256,400
2024 $4,510 $444,400 $200,900 $243,500
2023 $4,510 $416,400 $192,100 $224,300
2022 $4,327 $435,200 $192,100 $243,100
2021 $4,023 $307,900 $112,400 $195,500
2019 $3,182 $283,100 $96,800 $186,300
2018 $3,305 $264,800 $93,100 $171,700
2017 $2,937 $223,000 $67,600 $155,400
2016 $2,491 $171,000 $42,800 $128,200
2014 $2,252 $155,600 $37,500 $118,100
2013 $2,252 $138,300 $32,300 $106,000
Source: Public Records

Agents Affiliated with this Home

  • Ryan Meacham

    Seller's Agent in 2012

    Ryan Meacham

    Engel & Voelkers Chambers Bay

    (253) 222-5883

    92 Total Sales

    Ryan Meacham
    Section Image

  • J

    Buyer's Agent in 2012

    Justin Bartlett

    Dove Realty, Inc.

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM401368

Northwest Multiple Listing Service (NWMLS)

APN: 786550-0090

Washington Pierce County Lakewood 98499 Northeast Lakewood

3121 88th St S, Lakewood, WA

This home is located at 3121 88th St S, Lakewood, WA 98499 since 05 September 2012 and is currently estimated at $501,285, approximately $299 per square foot. This property was built in 1977. 3121 88th St S is a home located in Pierce County with nearby schools including Four Heroes 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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