Listed by John L. Scott, Inc, Bought with Real Broker LLC
NOT LISTED FOR SALE

8816 To 8818 Custer Rd SW Lakewood, WA 98499

Central Lakes Neighborhood

Estimated Value: $464,229 - $569,000

4 Beds
2 Baths
1,300 Sq Ft
$388/Sq Ft Est. Value

Last Sold January 12, 2022

Last sale price $480,000 $369 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,993/month

4 Days on Market

Highlights

  • Wood Flooring
  • High Speed Internet
  • Partially Fenced Property
  • No HOA
  • Property is in very good condition
  • Mini Split Air Conditioners

About This Home

As of January 2022

Prime investment opportunity just before the New Year! Renovated 2 bedroom/1 bath duplex. Each unit has 2 bedrooms, refinished hardwood floors and large attached garage with washer and dryer hookups. Also, new interior and exterior paint, new fixtures and lights, and new countertops. This home features a nice large backyard great for entertaining and room for lots of parking. Great location with lots of amenities, including easy access to I-5, military bases, Clover Park Tech College, and Pierce College. Make an offer today!

Last Agent to Sell the Property

Tyson Sonnenberg

John L. Scott, Inc License #116034 Listed on: 12/04/2021

John L. Scott, Inc

Last Buyer's Agent

Lisa Taylor

Real Broker LLC License #118187

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1864270

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,593

Year Built

  • Built in 1954

Lot Details

  • 0.26 Acre Lot
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Mini Split Air Conditioners
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Lakewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 681010-007-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,593

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1954
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1300
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Vacant - Show & Sell
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Ductless HP-Mini Split, Ceramic Tile, Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: TPU
  • SewerCompany: Pierce County
  • WaterCompany: Lakewood

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Lakewood

Lot Info

  • Parcel Number: 681010-007-0
  • Lot Size Acres: 0.2583
  • Lot Size Sq Ft: 11250
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Gas Available,High Speed Internet
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 3200

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3593

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Electric,Natural Gas
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2021
Closed on
Jan 4, 2022
Sold by
Timber Coast Properties Llc
Bought by
Taylor Lisa and Taylor Marcus A
Seller's Agent
Tyson Sonnenberg
John L. Scott, Inc
Buyer's Agent
Lisa Taylor
Real Broker LLC
List Price
$475,000
Sold Price
$480,000
Premium/Discount to List
$5,000
1.05%
Current Estimated Value
$504,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,307
Avg. Annual Appreciation
1.31%
Original Mortgage
$360,000
Outstanding Balance
$331,785
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$172,522

Purchase Details

Closed on
Aug 23, 2021
Sold by
Lowe Casey and Johnston Miriam
Bought by
Timber Coast Properties Llc

Purchase Details

Closed on
May 4, 2011
Sold by
Fannie Mae
Bought by
Lowe Casey and Johnston Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,480
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2010
Sold by
Westmark Joshua D and Zanders Robert M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 17, 2004
Sold by
Faust Richard
Bought by
Westmark Joshua D and Zanders Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,430
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2001
Sold by
Glastetter Craig
Bought by
Faust Richard and Faust Marilou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,925
Interest Rate
7.1%

Purchase Details

Closed on
Apr 30, 2001
Sold by
Glastetter Colleen S
Bought by
Glastetter Drew and Glastetter Craig
Source: Public Records

Range of Values:

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Average Value
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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
Taylor Lisa -- Stewart Title
Timber Coast Properties Llc $325,000 None Available
Lowe Casey -- Old Republic Title Ltd
Federal National Mortgage Association $171,428 Northpoint Escrow + Title
Westmark Joshua D $164,900 Ticor
Faust Richard $123,250 Transnation Title Insurance
Glastetter Drew -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Lisa $360,000
Previous Owner Lowe Casey $96,480
Previous Owner Westmark Joshua D $115,430
Previous Owner Faust Richard $110,925
Closed Westmark Joshua D $41,225
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2022 01/12/22 Sold $480,000 +1.1% $369 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
12/04/2021 12/04/21 For Sale $475,000 -- $365 / 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 $4,179 $419,200 $224,100 $195,100
2024 $4,179 $415,800 $217,600 $198,200
2023 $4,179 $381,000 $190,200 $190,800
2022 $3,692 $386,400 $198,400 $188,000
2021 $3,593 $270,900 $133,100 $137,800
2019 $2,749 $249,700 $115,500 $134,200
2018 $2,478 $224,200 $95,400 $128,800
2017 $2,478 $181,400 $76,300 $105,100
2016 $2,132 $137,900 $52,400 $85,500
2014 $1,766 $130,900 $47,600 $83,300
2013 $1,766 $117,700 $42,600 $75,100
Source: Public Records

Agents Affiliated with this Home

  • Tyson Sonnenberg

    Seller's Agent in 2022

    Tyson Sonnenberg

    John L Scott

    (206) 639-5264

    2 in this area

    16 Total Sales

    Tyson Sonnenberg
    Section Image
  • Lisa Taylor

    Buyer's Agent in 2022

    Lisa Taylor

    Real Broker LLC

    (253) 300-4924

    4 in this area

    29 Total Sales

    Lisa Taylor
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1864270

Northwest Multiple Listing Service (NWMLS)

APN: 681010-0070

Washington Pierce County Lakewood 98499 Central Lakes

8816 To 8818 Custer Rd SW, Lakewood, WA

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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