NOT LISTED FOR SALE

5511 Fairlawn Dr SW Lakewood, WA 98499

Lakeview Neighborhood

Estimated Value: $429,000 - $485,874

3 Beds
2 Baths
1,645 Sq Ft
$277/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $319,000 $194 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,747/month

14 Days on Market

Highlights

  • Wood Flooring
  • Detached Garage
  • Garden
  • 1 Fireplace
  • Patio
  • 4-minute walk to Kiwanis Park

About This Home

As of October 2019

Welcome home to this lovingly cared for and well maintained rambler. First time on market in 30 years. Location is great with quick access to shopping and freeway while still being tucked away from the hustle-bustle. Gleaming hardwood floors greet you as you enter this home and lots of natural light fill the spaces through the many windows. The expansive master bedroom, updated kitchen with custom cabinetry, 2 car garage with shop, and covered patio out to the large yard set this home apart.

Last Agent to Sell the Property

Katy Smith

RE/MAX Northwest License #86299 Listed on: 09/04/2019

RE/MAX Northwest

Last Buyer's Agent

Bonnie Stuart

John L. Scott, Inc

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1514900

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,353

Year Built

  • Built in 1950

Lot Details

  • Property is Fully Fenced
  • Level Lot
  • Garden

Parking

  • Detached Garage

Home Design

  • Block Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Additional Features

  • 1 Fireplace
  • Patio

Community Details

  • Lakewood Community

Listing and Financial Details

  • Assessor Parcel Number 513000-154-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,353

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Senior Exemption: Y
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room
  • Floor Covering: Ceramic Tile, Hardwood, Laminate
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 1
  • Bathrooms: 1.50
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Lower
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1645
  • Square Footage Finished: 1645

Exterior Features

  • Exterior: Wood
  • Foundation: Concrete Block, Poured Concrete
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: Lakeview Power
  • Sewer: Sewer Connected
  • Sewer Company: Pierce County Sewer
  • Water Company: Lakewood
  • Water Heater: master bedroom closet-gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Lakewood

Schools

  • School District: CLP

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 12000
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 513000-154-0
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 498

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2021
Sold by
Ramirez Yanez Sitlalit and Yanez Emily Rose
Bought by
Ramirez Yanez Sitlalit
Current Estimated Value
$455,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Outstanding Balance
$269,885
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$185,584

Purchase Details

Listed on
Sep 4, 2019
Closed on
Oct 14, 2019
Sold by
Jacobson Christian D and Jacobson Susan P
Bought by
Ramirez Yanez Sitlalit and Yanez Emily Rose
Seller's Agent
Katy Smith
RE/MAX Northwest
Buyer's Agent
Bonnie Stuart
John L. Scott, Inc
List Price
$319,333
Sold Price
$319,000
Premium/Discount to List
-$333
-0.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$303,050
Interest Rate
3.4%
Mortgage Type
New Conventional
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
Ramirez Yanez Sitlalit -- Accommodation
Ramirez Yanez Sitlalit $319,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Yanez Sitlalit $303,000
Closed Ramirez Yanez Sitlalit $303,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2019 10/18/19 Sold $319,000 +0.5% $194 / Sq Ft
09/18/2019 09/18/19 Pending -- -- --
09/17/2019 09/17/19 Price Changed $317,500 -0.6% $193 / Sq Ft
09/04/2019 09/04/19 For Sale $319,333 -- $194 / 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 $4,353 $426,900 $236,800 $190,100
2024 $4,353 $430,400 $232,200 $198,200
2023 $4,353 $401,500 $217,000 $184,500
2022 $4,094 $422,900 $233,000 $189,900
2021 $3,947 $301,900 $145,700 $156,200
2019 $498 $272,200 $125,300 $146,900
2018 $3,130 $247,100 $107,300 $139,800
2017 $541 $215,500 $83,400 $132,100
2016 $2,571 $177,100 $60,200 $116,900
2014 $815 $160,800 $52,500 $108,300
2013 $815 $142,900 $42,500 $100,400
Source: Public Records

Agents Affiliated with this Home

  • Katy Smith

    Seller's Agent in 2019

    Katy Smith

    RE/MAX Professionals

    (253) 222-3282

    1 in this area

    138 Total Sales

    Katy Smith
    Section Image

  • B

    Buyer's Agent in 2019

    Bonnie Stuart

    John L. Scott, Inc

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1514900

Northwest Multiple Listing Service (NWMLS)

APN: 513000-1540

Washington Pierce County Lakewood 98499 Lakeview

5511 Fairlawn Dr SW, Lakewood, WA

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Based on information submitted to the MLS GRID

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