NOT LISTED FOR SALE

8520 Steilacoom Blvd SW Lakewood, WA 98498

Central Lakes Neighborhood

Estimated Value: $8,941,127

-- Bed
-- Bath
23,972 Sq Ft
$373/Sq Ft Est. Value

About This Home

This home is located at 8520 Steilacoom Blvd SW, Lakewood, WA 98498 and is currently estimated at $8,941,127, approximately $372 per square foot. 8520 Steilacoom Blvd SW is a home located in Pierce County with nearby schools including Custer Elementary School, Hudtloff Middle School, and Lakes High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2023
Sold by
M & M Hospitality Llc
Bought by
City Of Lakewood
Current Estimated Value
$8,941,127

Purchase Details

Closed on
Oct 21, 2021
Sold by
Professional Structures Unlimited Llc
Bought by
M & M Hospitality Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,700,000
Interest Rate
2.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 13, 2005
Sold by
Murray Connel L
Bought by
Professional Structures Unlimited Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
City Of Lakewood -- Stewart Title
M & M Hospitality Llc $7,500,000 Chicago Title
Professional Structures Unlimited Llc $362,311 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner M & M Hospitality Llc $5,700,000
Previous Owner Professional Structures Unlimited Llc $4,200,000
Previous Owner Professional Structures Unlimited Llc $500,000
Previous Owner Professional Structures Unlimited Llc $100,000
Previous Owner Professional Structures Unlimited Llc $4,425,000
Previous Owner Professional Structures Unlimited Llc $350,000
Source: Public Records

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 $67,171 $6,603,000 $2,046,700 $4,556,300
2024 $67,171 $6,603,000 $1,860,700 $4,742,300
2023 $67,171 $6,293,000 $1,865,200 $4,427,800
2022 $55,386 $6,293,000 $1,865,200 $4,427,800
2021 $57,335 $4,452,500 $1,022,200 $3,430,300
2019 $47,800 $4,452,500 $1,022,200 $3,430,300
2018 $53,765 $4,050,800 $932,300 $3,118,500
2017 $50,750 $3,677,500 $842,500 $2,835,000
2016 $47,889 $3,039,200 $842,500 $2,196,700
2014 $45,592 $3,051,200 $659,800 $2,391,400
2013 $45,592 $2,958,800 $659,800 $2,299,000
Source: Public Records

Map

Washington Pierce County Lakewood 98498 Central Lakes

8520 Steilacoom Blvd SW, Lakewood, WA

This home is located at 8520 Steilacoom Blvd SW, Lakewood, WA 98498 and is currently estimated at $8,941,127, approximately $372 per square foot. 8520 Steilacoom Blvd SW is a home located in Pierce County with nearby schools including Custer Elementary School, Hudtloff Middle School, and Lakes High School.

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