Listed by COMPASS, Bought with Keller Williams Rty Tacoma
NOT LISTED FOR SALE

8608 116th St SW Lakewood, WA 98498

Central Lakes Neighborhood

Estimated Value: $452,000 - $549,000

3 Beds
2 Baths
1,544 Sq Ft
$317/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $375,000 $243 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,038/month

2 Days on Market

Highlights

  • Property is near public transit
  • 2 Car Attached Garage
  • 1-Story Property
  • No HOA
  • Patio
  • Dining Room

About This Home

As of September 2022

EQUITY OPPORTUNITY. Do not miss out on this delightful 3/bed, 1 & 3/4 bath RAMBLER with rare 2 CAR GARAGE on professionally landscaped 9,000 sq. ft. lot. Light & Bright with freshly painted interiors, high ceilings, extra storage room and ample living space. Large kitchen & dining room open up to backyard living with patio. PRIME LOCATION. Only minutes to I-5, JBLM, hospitals, Lakewood Mall, Sounder Train Station, lakes, parks, hospitals and more. Sewer hookup a bonus! This home is ready to move-in now. Bring your design skills and make this home yours.

Last Agent to Sell the Property

Valerie Young

COMPASS License #132988 Listed on: 08/20/2022

COMPASS

Co-Listed By

AJ Singh

COMPASS License #121187

Last Buyer's Agent

Rochelle Chorak

Keller Williams Rty Tacoma License #135193

Keller Williams Rty Tacoma

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1984603

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,385

Year Built

  • Built in 1974

Lot Details

  • 9,000 Sq Ft Lot
  • North Facing Home
  • Level Lot
  • Property is in average condition

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,544 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Room
  • Laminate Flooring

Kitchen

  • Oven or Range
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Additional Features

  • Patio
  • Property is near public transit
  • Water Heater

Community Details

  • No Home Owners Association
  • Lakewood Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 2
  • Assessor Parcel Number 5005000124

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,385

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1974
  • Inclusions: Dishwasher,Refrigerator,SeeRemarks,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Lake City
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1544
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,084

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Refrigerator, See Remarks, Stove/Range
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate, See Remarks
  • Interior Amenities: Forced Air, Laminate, Bath Off Primary, Dining Room, Water Heater
  • Living Area: 1544
  • Main Level Bedrooms: 3
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1544
  • 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,Refrigerator,See Remarks,Stove/Range

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Direction Faces: North
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: House
  • BusLineNearby: true
  • BusRouteNumber: 206

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
  • Utilities: Sewer Connected, Electricity Available, Natural Gas Connected
  • HeatingCoolingType: Forced Air
  • PowerCompany: PSE
  • SewerCompany: Pierce County
  • WaterCompany: Lakewood Water
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric
  • CableConnected: Xfinity/Comcast
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 5005000124
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.2066
  • Lot Size Sq Ft: 9000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Patio
  • MLSLotSizeSource: PCR
  • MLSSquareFootageSource: PCR
  • ZoningJurisdiction: County
  • LotNumber: 5

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4385

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2022
Closed on
Sep 2, 2022
Sold by
Helga Dunton Ingrid
Bought by
Olson Julia Grace and Olson Jordan Alexander
Seller's Agent
Valerie Young
COMPASS
Buyer's Agent
Rochelle Chorak
Keller Williams Rty Tacoma
List Price
$365,000
Sold Price
$375,000
Premium/Discount to List
$10,000
2.74%
Current Estimated Value
$489,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,190
Avg. Annual Appreciation
8.47%
Original Mortgage
$356,250
Outstanding Balance
$341,228
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$136,158
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
Olson Julia Grace -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Julia Grace $356,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Sold $375,000 +2.7% $243 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
08/20/2022 08/20/22 For Sale $365,000 -- $236 / 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 $4,481 $459,100 $192,400 $266,700
2024 $4,481 $456,200 $196,800 $259,400
2023 $4,481 $413,700 $192,000 $221,700
2022 $4,385 $438,500 $201,300 $237,200
2021 $4,055 $310,500 $123,500 $187,000
2019 $3,110 $285,600 $107,400 $178,200
2018 $3,359 $258,500 $90,900 $167,600
2017 $3,171 $226,800 $73,400 $153,400
2016 $2,737 $175,700 $46,800 $128,900
2014 $1,206 $171,500 $44,100 $127,400
2013 $1,206 $155,900 $36,400 $119,500
Source: Public Records

Agents Affiliated with this Home

  • Valerie Young

    Seller's Agent in 2022

    Valerie Young

    COMPASS

    (425) 588-8177

    1 in this area

    26 Total Sales

    Valerie Young
    Section Image
  • AJ Singh

    Seller Co-Listing Agent in 2022

    AJ Singh

    COMPASS

    (425) 591-1211

    1 in this area

    28 Total Sales

    AJ Singh
    Section Image
  • Rochelle Chorak

    Buyer's Agent in 2022

    Rochelle Chorak

    Keller Williams Rty Tacoma

    (206) 650-4577

    2 in this area

    137 Total Sales

    Rochelle Chorak
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1984603

Northwest Multiple Listing Service (NWMLS)

APN: 500500-0124

Washington Pierce County Lakewood 98498 Central Lakes

8608 116th St SW, Lakewood, WA

This home is located at 8608 116th St SW, Lakewood, WA 98498 since 20 August 2022 and is currently estimated at $489,190, approximately $316 per square foot. This property was built in 1974. 8608 116th St 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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