Listed by John L. Scott, Inc., Bought with Mike & Sandi Nelson RE
NOT LISTED FOR SALE

8505 Forest Ave SW Lakewood, WA 98498

Central Lakes Neighborhood

Estimated Value: $486,000 - $596,000

3 Beds
2 Baths
1,784 Sq Ft
$308/Sq Ft Est. Value

Last Sold September 17, 2014

Last sale price $183,000 $103 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $3,404/month

34 Days on Market

About This Home

As of September 2014

Great Lakewood Area Rambler. Laminate , Tile And New Carpet Flooring. New Interior Paint, New Appliances, Granite Counters In Open Kitchen With Island, Two Sided Fireplace Between Living And Dining Rooms, Wood Stove In Huge Family Room, Tile Bathroom, Very Nice Attached Two Car Garage, Covered Back Patio W/ Hot Tub In A Deck, New Water Heater And Furnace, Large Shed And Beautiful Mature Landscaping. See attachment for PAS requirements and WFHM offer submittal information in MLS document section.

Last Agent to Sell the Property

Jim Smith

John L. Scott, Inc. License #20899 Listed on: 07/03/2014

John L. Scott, Inc.

Last Buyer's Agent

Karen Williamson

Mike & Sandi Nelson RE

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM662130

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$4,950

Year Built

1961

Lot Details

0

Listing Details

  • Condition: Good
  • Sq Ft Finished: 1784
  • Form 17: Provided
  • Special Features: 20
  • Year Built: 1961

Interior Features

  • Appliances: Dishwasher, Garbage Disposal, Range/Oven
  • Fireplaces: 2
  • Features: Ceiling Fan(s), Double Pane/Storm Window, Dining Room, French Doors
  • Fireplaces: 2
  • Floor: Ceramic Tile, Laminate, Wall to Wall Carpet
  • Water Heater Location: gas

Exterior Features

  • Roof: Composition
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Lot Details: Paved Street
  • Roof: Composition
  • Site Features: Cable TV, Deck, Full Fence, Natural Gas Available, Hot Tub/Spa, Outbuildings, Patio, RV Parking
  • Lot Topography: Garden Space, Level, Wooded

Garage/Parking

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

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Garbage Disposal, Range/Oven
  • Heating and Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: PC Sewer
  • Water Company: Lakewood Water
  • Water Source: Public

Schools

  • School District: CLP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2024
Sold by
Kelly Sue Ann
Bought by
Mccamey Michael
Current Estimated Value
$549,007

Purchase Details

Listed on
Jul 3, 2014
Closed on
Aug 19, 2014
Sold by
Hsbc Bank Usa National Association
Bought by
Kelly Sue A
Seller's Agent
Jim Smith
John L. Scott, Inc.
Buyer's Agent
Karen Williamson
Mike & Sandi Nelson RE
List Price
$190,000
Sold Price
$183,000
Premium/Discount to List
-$7,000
-3.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.95%
Original Mortgage
$137,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2014
Sold by
Kim Sun Yi
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
May 24, 2007
Sold by
Williams Mackinley
Bought by
Kim Sun Yi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
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
Mccamey Michael -- None Listed On Document
Kelly Sue A $183,000 Servicelink
Hsbc Bank Usa National Association $180,000 Nextitle
Kim Sun Yi $250,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelly Sue A $137,250
Previous Owner Kim Sun Yi $237,500
Previous Owner Robinson Brigitte E $181,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2014 09/17/14 Sold $183,000 +1.7% $103 / Sq Ft
08/07/2014 08/07/14 Pending -- -- --
08/04/2014 08/04/14 Price Changed $180,000 -5.3% $101 / Sq Ft
08/01/2014 08/01/14 For Sale $190,000 0.0% $107 / Sq Ft
07/11/2014 07/11/14 Pending -- -- --
07/03/2014 07/03/14 For Sale $190,000 -- $107 / 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 $4,950 $501,600 $204,300 $297,300
2024 $4,950 $502,000 $209,000 $293,000
2023 $4,950 $458,400 $208,300 $250,100
2022 $4,831 $484,100 $218,500 $265,600
2021 $4,489 $344,800 $134,000 $210,800
2019 $3,480 $315,100 $116,500 $198,600
2018 $3,768 $290,600 $100,400 $190,200
2017 $3,532 $255,100 $81,100 $174,000
2016 $3,071 $196,300 $51,700 $144,600
2014 $2,662 $193,100 $48,600 $144,500
2013 $2,662 $174,200 $40,100 $134,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jim Smith

    John L Scott

    Section Image

  • K

    Buyer's Agent in 2014

    Karen Williamson

    Mike & Sandi Nelson RE

See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM662130

Northwest Multiple Listing Service (NWMLS)

APN: 500500-0330

Washington Pierce County Lakewood 98498 Central Lakes

8505 Forest Ave SW, Lakewood, WA

This home is located at 8505 Forest Ave SW, Lakewood, WA 98498 since 03 July 2014 and is currently estimated at $549,007, approximately $307 per square foot. This property was built in 1961. 8505 Forest Ave SW is a home located in Pierce County with nearby schools including Lake Louise Elementary School, Thomas Middle School, and Lakes 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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