NOT LISTED FOR SALE

4500 111th St SW Unit 6 Lakewood, WA 98499

Pacific-Lakeview Neighborhood
-- Bed
-- Bath
5,224 Sq Ft
0.37 Acres

Last Sold October 28, 2019

Last sale price $650,000 $124 Per Sq Ft

105 Days on Market

Highlights

  • Patio
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of October 2019

There are 5 units and a house on 1 parcel. House is vacant and is to be sold as is. It was rented for $1,250. until April 1, 2019. It is separated from the 5 plex by a 6 foot fence.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,955

Year Built

  • Built in 1972

Lot Details

  • 0.37 Acre Lot
  • Partially Fenced Property
  • Property is in average condition

Parking

  • 7 Parking Spaces

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 5,224 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Patio

Schools

  • Lakeview Elementary School
  • Lochburn Mid Middle School
  • Clover Park High School

Community Details

  • Lakeview Condos
  • Lakewood Subdivision

Listing and Financial Details

  • Legal Lot and Block 10 Thru 14 / 69
  • Assessor Parcel Number 508000-100-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,955

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1972
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Lakeview
  • New Construction: No
  • CalculatedSquareFootage: 5224
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Lakeview Light and Power
  • SewerCompany: Pierce County
  • WaterCompany: Lakewood Water
  • WaterSewerGarbage: 7798

Fee Information

  • Annual Fuel Expense: 824

Schools

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

Lot Info

  • Parcel Number: 508000-100-0
  • Lot Size Acres: 0.3673
  • Lot Size Sq Ft: 16000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 10 Thru 14

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 5143

Multi Family

  • Gross Scheduled Income: 61727
  • Net Operating Income: 43858
  • Number Of Units Total: 6
  • Electric Expense: 988
  • Insurance Expense: 2304
  • Leasable Area: 5224
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2018
  • Tax Annual Amount: 5955

MLS Schools

  • Elementary School: Lakeview Elem

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
10/28/2019 10/28/19 Sold $650,000 -27.7% $124 / Sq Ft
08/23/2019 08/23/19 Pending -- -- --
05/10/2019 05/10/19 For Sale $899,000 -- $172 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1455044

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

4500 111th St SW Unit 6, Lakewood, WA

This home is located at 4500 111th St SW Unit 6, Lakewood, WA 98499 since 10 May 2019. This property was built in 1972. 4500 111th St SW Unit 6 is a home located in Pierce County with nearby schools including Lakeview Hope Academy, 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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