Listed by Windermere RE/Capitol Hill,Inc, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

8520 Forest Ave SW Lakewood, WA 98498

Central Lakes Neighborhood

Estimated Value: $494,000 - $585,000

3 Beds
2 Baths
1,460 Sq Ft
$362/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $510,000 $349 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,263/month

5 Days on Market

Highlights

  • Property is near public transit
  • 1 Fireplace
  • Walk-In Pantry
  • Wood Flooring
  • No HOA
  • 2 Car Attached Garage

About This Home

As of June 2022

Picture-perfect rambler on a large peaceful corner lot. Step inside to spacious living room with cozy gas fireplace that flows to a flexible “kitchen/great room” with space for dining and/or family room. Step outside to the patio and tranquil backyard perfect for Summer BBQs. Down the hall are 3 bedrooms/1.75 baths including a primary suite with 2 closets. The home also features a 6 yr-old gas furnace w/central A/C, new electrical panel, new interior paint/carpet, updated sewer line, ~12 yr old roof and super-clean 2-car garage w/workspace. This home has been meticulously maintained! Convenient to shopping, freeway, schools, JBLM as well as commuter buses and train.

Last Agent to Sell the Property

Mark Hanses

Windermere RE/Capitol Hill,Inc License #17346 Listed on: 04/28/2022

Windermere RE/Capitol Hill,Inc

Last Buyer's Agent

Minh Nguyen

Skyline Properties, Inc. License #99573

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1924068

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,461

Year Built

  • Built in 1971

Lot Details

  • 0.28 Acre Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,460 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Dining Room

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Schools

  • Idlewild Elementary School
  • Mann Mid Middle School

Utilities

  • Central Air
  • Water Heater

Additional Features

  • Patio
  • Property is near public transit

Community Details

  • No Home Owners Association
  • Lake City Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5005000693

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,461

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1971
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1460
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,183

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: High Efficiency - 90%+, Central A/C, Hardwood, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, Security System, Walk-In Pantry, Water Heater
  • Living Area: 1460
  • Main Level Bedrooms: 3
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1460
  • 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,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: true
  • BusRouteNumber: 214

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Sewer Connected, Natural Gas Connected
  • HeatingCoolingType: 90%+ High Efficiency,Central A/C
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Pierce Cty Sewer
  • WaterCompany: Lakewood Water District
  • WaterHeaterLocation: Laundry Rm
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Clover Park
  • High School: Buyer To Verify
  • Middle Or Junior School: Mann Mid

Lot Info

  • Parcel Number: 5005000693
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.2755
  • Lot Size Sq Ft: 12000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Gas Available,Patio
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: High Efficiency - 90%+
  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4461

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Idlewild Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
May 24, 2022
Sold by
Tennis Stuart G
Bought by
Nguyen Thai M and Ho Nhung N
Seller's Agent
Mark Hanses
Windermere RE/Capitol Hill,Inc
Buyer's Agent
Minh Nguyen
Skyline Properties, Inc.
List Price
$425,000
Sold Price
$510,000
Premium/Discount to List
$85,000
20%
Current Estimated Value
$528,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,655
Avg. Annual Appreciation
0.14%
Original Mortgage
$408,000
Outstanding Balance
$388,795
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$123,566
Source: Public Records

Range of Values:

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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
Nguyen Thai M -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Thai M $408,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $510,000 +20.0% $349 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $425,000 -- $291 / 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 $4,592 $472,900 $204,300 $268,600
2024 $4,592 $467,500 $209,000 $258,500
2023 $4,592 $424,300 $208,300 $216,000
2022 $4,461 $447,900 $218,500 $229,400
2021 $446 $314,900 $134,000 $180,900
2019 $451 $288,900 $116,500 $172,400
2018 $459 $266,300 $100,400 $165,900
2017 $488 $232,900 $81,100 $151,800
2016 $836 $179,300 $51,700 $127,600
2014 $1,655 $174,600 $48,600 $126,000
2013 $1,655 $158,300 $40,100 $118,200
Source: Public Records

Agents Affiliated with this Home

  • Mark Hanses

    Seller's Agent in 2022

    Mark Hanses

    Windermere Corporate

    (206) 931-7341

    1 in this area

    171 Total Sales

    Mark Hanses
    Section Image

  • M

    Buyer's Agent in 2022

    Minh Nguyen

    Skyline Properties, Inc

    (253) 389-5721

    1 in this area

    18 Total Sales

    Minh Nguyen
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1924068

Northwest Multiple Listing Service (NWMLS)

APN: 500500-0693

Washington Pierce County Lakewood 98498 Central Lakes

8520 Forest Ave SW, Lakewood, WA

This home is located at 8520 Forest Ave SW, Lakewood, WA 98498 since 28 April 2022 and is currently estimated at $528,655, approximately $362 per square foot. This property was built in 1971. 8520 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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