Listed by Red Moon Realty, Bought with eXp Realty
NOT LISTED FOR SALE

5516 114th Street Ct SW Lakewood, WA 98499

Lakeview Neighborhood

Estimated Value: $546,000 - $585,474

3 Beds
2 Baths
1,845 Sq Ft
$304/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $450,000 $244 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,417/month

274 Days on Market

Highlights

  • RV Access or Parking
  • Wood Flooring
  • 2 Car Attached Garage
  • 0.47 Acre Lot
  • Corner Lot
  • Storm Windows

About This Home

As of January 2023

Sale failed, back on market this highly desirable Racquet Club Estates rambler on quiet cul-de-sac. Situated on a large, .48 acre, partially fenced corner lot with space for RV parking. This 3 bedroom, 1.75 bath has had upgrades: factory lifetime warranty windows and patio door in 2004, heat pump/roof replaced in 2012 (30-year roof) but is ready for updating to make it your home. Abundant natural light, plenty of storage, beautiful mature landscaping on a corner lot. Close to JBLM, freeway access, Towne Center, shopping and schools.

Last Agent to Sell the Property

Marie Barth

Red Moon Realty License #101648 Listed on: 03/30/2022

Last Buyer's Agent

Brenda Lucero

eXp Realty License #140117

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1907103

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,909

Year Built

  • Built in 1975

Lot Details

  • 0.47 Acre Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Garden

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • RV Access or Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 1,845 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Room

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Patio

Utilities

  • Heat Pump System
  • Water Heater
  • Cable TV Available

Community Details

  • Lakewood Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 331800-001-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,909

Year Built

Built in 1975

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1975
  • Inclusions: Dishwasher,Dryer,Microwave,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Crest Raquet Club
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1845
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Heat Pump, Hardwood, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, Security System, Water Heater
  • Living Area: 1845
  • Main Level Bedrooms: 3
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1845
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Stone, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Driveway, Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • HeatingCoolingType: Forced Air,Heat Pump
  • PowerCompany: Lakewood
  • SewerCompany: Pierce County
  • WaterCompany: Lakewood
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric/Garage

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 125
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: Clover Park

Lot Info

  • Parcel Number: 331800-001-0
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.4684
  • Lot Size Sq Ft: 20404
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,Patio,RV Parking
  • MLSLotSizeSource: Co Assessor
  • MLSSquareFootageSource: Co Assessor
  • LotNumber: 1

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4909

Multi Family

  • EnergySource: Electric,Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
Jan 30, 2023
Sold by
French Lisa L
Bought by
Hutchings Hyun
Seller's Agent
Marie Barth
Red Moon Realty
Buyer's Agent
Brenda Lucero
eXp Realty
List Price
$460,000
Sold Price
$450,000
Premium/Discount to List
-$10,000
-2.17%
Views
10
Current Estimated Value
$560,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,619
Avg. Annual Appreciation
10.31%
Original Mortgage
$436,500
Outstanding Balance
$423,711
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$158,204

Purchase Details

Closed on
Jan 20, 2014
Sold by
French Nichi J
Bought by
French Family Trust

Purchase Details

Closed on
Feb 1, 2012
Sold by
Pirtle Dorothy
Bought by
French Nicki J and French Virginia L
Source: Public Records

Range of Values:

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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
Hutchings Hyun -- Commonwealth Land Title
French Family Trust -- None Listed On Document
French Nicki J $190,000 Wfg Natl Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutchings Hyun $436,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $450,000 -2.2% $244 / Sq Ft
12/29/2022 12/29/22 Pending -- -- --
12/23/2022 12/23/22 Price Changed $460,000 0.0% $249 / Sq Ft
12/23/2022 12/23/22 For Sale $460,000 -3.2% $249 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $475,000 -- $257 / 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 $5,044 $579,500 $264,600 $314,900
2024 $5,044 $541,500 $246,500 $295,000
2023 $5,044 $467,400 $237,100 $230,300
2022 $4,909 $476,800 $237,100 $239,700
2021 $4,471 $343,400 $160,900 $182,500
2019 $3,560 $326,100 $149,000 $177,100
2018 $3,673 $297,500 $122,400 $175,100
2017 $3,583 $248,500 $94,500 $154,000
2016 $3,066 $194,800 $55,600 $139,200
2014 $1,464 $192,800 $55,600 $137,200
2013 $1,464 $182,700 $55,600 $127,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1907103

Northwest Multiple Listing Service (NWMLS)

APN: 331800-0010