NOT LISTED FOR SALE

5217 Arrowhead Rd SW Lakewood, WA 98499

Lakeview Neighborhood

Estimated Value: $533,000 - $588,000

4 Beds
2 Baths
1,814 Sq Ft
$309/Sq Ft Est. Value

Last Sold June 21, 2021

Last sale price $467,500 $258 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,328/month

Highlights

  • RV Access or Parking
  • Contemporary Architecture
  • 1 Fireplace
  • Fruit Trees
  • Territorial View
  • Patio

About This Home

As of June 2021

Location, location, location! Minutes from I-5, JBLM- right in the city of Lakewood. Close to shopping, restaurants and more! Spacious rooms and a gazebo in the back facing huge BBQ hut. huge garden space as well as good size shop with extra storage on the side. Home is situated near Lakewood Racquet ball club. It has new roof, siding, 220 three prong outlet in the BBQ hut. Home boasts 4bed, one bonus room for hobby or sewing room, newly installed flooring in most area, kitchen with eating counter. The current laundry can be converted into full bath by extending the adjacent bath to the laundry, many possibilities await you.

Last Agent to Sell the Property

Jackie Wells

Better Properties Real Estate License #48585 Listed on: 04/06/2021

Better Properties Real Estate

Last Buyer's Agent

Brett Bonner

BHGRE - Northwest Home Team License #27156

BHGRE - Northwest Home Team

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1753345

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,718

Year Built

  • Built in 1956

Lot Details

  • Dog Run
  • Partially Fenced Property
  • Level Lot
  • Fruit Trees
  • Garden
  • Property is zoned R2

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • Off-Street Parking
  • RV Access or Parking

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Lakewood Community

Listing and Financial Details

  • Assessor Parcel Number 5125000130

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,718

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Contemporary
  • Building Information: Built On Lot
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dining Room
  • Floor Covering: R
  • Appliances That Stay: Dishwasher, Range/Oven, Refrigerator
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 4
  • Bathrooms: 1.50
  • Bathrooms Main: Main
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1814
  • Square Footage Finished: 1814

Exterior Features

  • Exterior: Cement Planked, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Off Street, K

Utilities

  • Heating And Cooling: Forced Air, Wall
  • Power Company: Lakeview
  • Sewer: Sewer Connected
  • Sewer Company: Pierce county
  • Water Company: Lakewood
  • Water Heater: in den
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Lakewood

Schools

  • School District: CLP

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 18300
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level, Terraces
  • Parcel Number: 5125000130
  • Zoning Code: R2
  • Zoning Jurisdiction: City
  • Lot Topography: Fruit Trees, Garden Space, Level, Terraces

Tax Info

  • Tax Amount: 4200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2021
Closed on
Jun 16, 2021
Sold by
Cho Sung Rae and Cho Keun Hee
Bought by
Meyerdirk Micah Levi and Meyerdirk Sarah Johanna
Seller's Agent
Jackie Wells
Better Properties Real Estate
Buyer's Agent
Brett Bonner
BHGRE - Northwest Home Team
List Price
$499,000
Sold Price
$467,500
Premium/Discount to List
-$31,500
-6.31%
Current Estimated Value
$560,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,391
Avg. Annual Appreciation
4.28%
Original Mortgage
$444,125
Outstanding Balance
$402,100
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$158,791

Purchase Details

Closed on
Nov 6, 2020
Sold by
Cho Kyung Moon and Sung Kacey Kyungmoon
Bought by
Cho Sung Rae and Cho Keun Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2010
Sold by
Banyan Tree Funding Lp
Bought by
Cho Sung Rae and Cho Keun Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,006
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 24, 2010
Sold by
Basilan Hernando G and Basilan Elisa L
Bought by
Banyan Tree Funding Lp

Purchase Details

Closed on
Feb 1, 2006
Sold by
Duron & Daughter Investments Llc
Bought by
Basilan Hernando G and Basilan Elisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 31, 2005
Sold by
Pritchard Daniel
Bought by
Duron & Daughter Investments Llc

Purchase Details

Closed on
Oct 9, 2003
Sold by
Pritchard David
Bought by
Pritchard Daniel and Pritchard Faaluaina

Purchase Details

Closed on
Oct 27, 1998
Sold by
Pritchard Taulago
Bought by
Pritchard Daniel and Pritchard Faaluaina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,700
Interest Rate
10.75%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Meyerdirk Micah Levi $467,500 Fidelity Natl Ttl Co Of Wa I
Cho Sung Rae -- Fidelity National Title
Cho Sung Rae $150,000 Stewart Title Company
Banyan Tree Funding Lp $178,435 Fatco
Basilan Hernando G $190,000 Pnwt
Duron & Daughter Investments Llc $27,661 Lawyers Title
Pritchard Daniel -- Rtc
Pritchard Daniel -- Rtc
Pritchard Daniel -- Rtc
Pritchard Daniel -- Rtc
Pritchard Daniel $23,732 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyerdirk Micah Levi $444,125
Previous Owner Cho Sung Rae $125,000
Previous Owner Cho Sung Rae $148,006
Previous Owner Basilan Hernando G $152,000
Previous Owner Pritchard Daniel $103,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2021 06/21/21 Sold $467,500 -2.4% $258 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
04/25/2021 04/25/21 Price Changed $479,000 -4.0% $264 / Sq Ft
04/06/2021 04/06/21 For Sale $499,000 -- $275 / 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 $4,718 $496,800 $258,700 $238,100
2024 $4,718 $475,900 $240,900 $235,000
2023 $4,718 $436,300 $229,900 $206,400
2022 $4,595 $445,000 $229,900 $215,100
2021 $4,170 $319,600 $156,000 $163,600
2019 $3,339 $303,200 $144,500 $158,700
2018 $3,439 $278,400 $117,900 $160,500
2017 $3,342 $232,300 $91,100 $141,200
2016 $2,860 $181,200 $53,600 $127,600
2014 $2,742 $179,500 $53,600 $125,900
2013 $2,742 $170,200 $53,600 $116,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jackie Wells

    Better Properties Real Estate

    (253) 208-2937

    1 in this area

    14 Total Sales

    Jackie Wells
    Section Image
  • Brett Bonner

    Buyer's Agent in 2021

    Brett Bonner

    BHGRE - Northwest Home Team

    (253) 606-0578

    1 in this area

    64 Total Sales

    Brett Bonner
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1753345

Northwest Multiple Listing Service (NWMLS)

APN: 512500-0130

Washington Pierce County Lakewood 98499 Lakeview

5217 Arrowhead Rd SW, Lakewood, WA

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Based on information submitted to the MLS GRID

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