Listed by Weichert Realtors Premier Prop, Bought with John L. Scott R.E.Tacoma North
NOT LISTED FOR SALE

8806 Forest Rd SW Lakewood, WA 98498

South Lakes Neighborhood

Estimated Value: $504,000 - $566,000

4 Beds
2 Baths
1,680 Sq Ft
$318/Sq Ft Est. Value

Last Sold January 24, 2020

Last sale price $334,400 $199 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,246/month

27 Days on Market

About This Home

As of January 2020

Duplex with great location and consistent rental history. Well-kept units; newer roof; Each unit has a nice rambler floor plan with 2 bedrooms, 1 bath, kitchen with eating space, fireplace, laundry room, and individual garages. A solid, turn-key investment property; move into one side and have long term tenant pay half your mortgage OR work with existing month to month tenant.Close to military bases; steps to American Lake. Quiet neighborhood; near bus lines and amenities w/ easy access to I-5

Last Agent to Sell the Property

Jerry Filoteo

Weichert Realtors Premier Prop License #23718 Listed on: 12/04/2019

Weichert Realtors Premier Prop

Co-Listed By

Cherie Filoteo

Weichert Realtors Premier Prop License #112500

Last Buyer's Agent

Igor Mayster

John L. Scott R.E.Tacoma North License #125422

John L. Scott R.E.Tacoma North

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1545816

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,967

Year Built

  • Built in 1972

Lot Details

  • 0.26 Acre Lot
  • Property is in good condition

Home Design

  • Duplex
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • 1 Covered Space

Utilities

  • Septic Tank
  • Septic System

Community Details

  • American Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0219212178

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,967

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1972
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1680
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking: No
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • WaterCompany: Lakewood Water District
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Clover Park

Lot Info

  • Parcel Number: 0219212178
  • Lot Size Acres: 0.26
  • Lot Size Sq Ft: 11326
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Pierce County Assessor

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2000

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2967

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 840
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2019
Closed on
Jan 22, 2020
Sold by
Kwon Tae Hyun
Bought by
Rossiytsev Leonid V and Rossiytsev Vitalina A
Seller's Agent
Jerry Filoteo
Weichert Realtors Premier Prop
Buyer's Agent
Igor Mayster
John L. Scott R.E.Tacoma North
List Price
$340,000
Sold Price
$334,400
Premium/Discount to List
-$5,600
-1.65%
Current Estimated Value
$534,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,092
Avg. Annual Appreciation
8.08%
Original Mortgage
$328,343
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 10, 2016
Closed on
Dec 14, 2016
Sold by
Bilski Jerzy
Bought by
Kwon Tae Hyun
Seller's Agent
Charles Burnett
Real Broker LLC
Buyer's Agent
Kathy Yi
Global Real Estate Express
List Price
$235,000
Sold Price
$233,000
Premium/Discount to List
-$2,000
-0.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.36%
Original Mortgage
$114,000
Interest Rate
3.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 5, 2007
Sold by
Semingson Lynn and Semingson Sonja
Bought by
Puget Sound Property Services Llc

Purchase Details

Closed on
Nov 7, 2005
Sold by
Baldwin Andrew F
Bought by
Semingson Lynn and Semingson Sonja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.93%
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
Rossiytsev Leonid V $334,400 Fidelity National Title
Kwon Tae Hyun -- Old Republic Title Ltd
Kwon Tae Hyun $232,719 Old Republic Title Ltd
Puget Sound Property Services Llc -- Ticor Title Company
Semingson Lynn $170,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rossiytsev Leonid V $334,000
Closed Rossiytsev Leonid V $328,343
Previous Owner Kwon Tae Hyun $114,000
Previous Owner Semingson Lynn $170,000
Previous Owner Semingson Lynn $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2020 01/24/20 Sold $334,400 -1.6% $199 / Sq Ft
12/31/2019 12/31/19 Pending -- -- --
12/25/2019 12/25/19 For Sale $340,000 0.0% $202 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
12/04/2019 12/04/19 For Sale $340,000 +45.9% $202 / Sq Ft
12/20/2016 12/20/16 Sold $233,000 -0.9% $139 / Sq Ft
11/08/2016 11/08/16 Pending -- -- --
10/18/2016 10/18/16 For Sale $235,000 0.0% $140 / Sq Ft
10/14/2016 10/14/16 Pending -- -- --
10/10/2016 10/10/16 For Sale $235,000 -- $140 / 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 $4,777 $506,600 $183,500 $323,100
2024 $4,777 $510,900 $172,000 $338,900
2023 $4,777 $438,100 $160,500 $277,600
2022 $4,482 $438,900 $160,500 $278,400
2021 $4,128 $313,300 $97,400 $215,900
2019 $2,968 $250,800 $70,200 $180,600
2018 $2,985 $243,100 $64,500 $178,600
2017 $2,642 $199,200 $47,000 $152,200
2016 $2,213 $154,200 $37,500 $116,700
2014 $2,069 $136,100 $30,700 $105,400
2013 $2,069 $131,100 $30,700 $100,400
Source: Public Records

Agents Affiliated with this Home

  • Jerry Filoteo

    Seller's Agent in 2020

    Jerry Filoteo

    Weichert Realtors Premier Prop

    4 Total Sales

    Jerry Filoteo
    Section Image
  • Cherie Filoteo

    Seller Co-Listing Agent in 2020

    Cherie Filoteo

    Weichert Realtors Premier Prop

    (253) 678-0034

    39 Total Sales

    Cherie Filoteo
    Section Image
  • Igor Mayster

    Buyer's Agent in 2020

    Igor Mayster

    John L. Scott R.E.Tacoma North

    (253) 267-2974

    1 in this area

    264 Total Sales

    Igor Mayster
    Section Image
  • Charles Burnett

    Seller's Agent in 2016

    Charles Burnett

    Real Broker LLC

    (206) 926-3701

    62 Total Sales

    Charles Burnett
    Section Image
  • Nicholas Vilvandre'

    Seller Co-Listing Agent in 2016

    Nicholas Vilvandre'

    Keller Williams Downtown Seattle

    (206) 612-7883

    67 Total Sales

    Nicholas Vilvandre'
    Section Image
  • Kathy Yi

    Buyer's Agent in 2016

    Kathy Yi

    Global Real Estate Express

    (253) 389-9558

    24 Total Sales

    Kathy Yi
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1545816

Northwest Multiple Listing Service (NWMLS)

APN: 021921-2178

Washington Pierce County Lakewood 98498 South Lakes

8806 Forest Rd SW, Lakewood, WA

This home is located at 8806 Forest Rd SW, Lakewood, WA 98498 since 04 December 2019 and is currently estimated at $534,492, approximately $318 per square foot. This property was built in 1972. 8806 Forest Rd SW is a home located in Pierce County with nearby schools including Tillicum Elementary School, Thomas Middle School, and Clover Park 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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