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    • Listed by: COMPASS • Coleton Alexander Pantley
    Bought with: ZNonMember-Office-MLS
    $1,500,000

    14402 Washington Avenue SW, Lakewood, WA 98498

    --beds
    --baths
    7,983sqft
    Multi Family
    Built in 1942
    -- sqft lot
    $-- Zestimate®
    $188/sqft
    $1,618 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,618/mo

    Zestimate® history
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    What's special

    Two single-family homesRenovated fourplexCorner lotTwo duplex-style cottagesClassic interiors
    Wonderland is a rare value-add property on a large corner lot, ideally located near JBLM, Boeing, and UW Tacoma - without Tacoma's rental restrictions. This diverse asset includes a renovated fourplex, two single-family homes, and two duplex-style cottages with classic interiors ready for modernization and rent increases. A 1,200 SF storage unit offers conversion potential into an additional 3-bed/2-bath or two smaller units. Six garages provide extra income opportunities at $100+ per month each. With historically high occupancy, low turnover, and no delinquency, Wonderland presents a strong investment with significant upside potential.

    Zillow last checked:

    Listing updated:

    Listed by:

    Coleton Alexander Pantley,

    COMPASS,

    Sean McConnell,

    COMPASS

    Bought with:

    Non Member ZDefault

    ZNonMember-Office-MLS

    Source: NWMLS as distributed by MLS GRID,MLS#: 2335245MLS Logo

    Facts & features

    Interior

    Heating
    • Forced Air, Natural Gas
    Cooling
    • None
    Features
    • Flooring: Vinyl Plank, Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 7,983
    • Total interior livable area: 7,983 sqft

    Property

    Parking
    • Total spaces: 18
    • Parking features: Open
    • Covered spaces: 6
    • Uncovered spaces: 12
    Lot
    • Size: 0.99 Acres
    • Features: Paved, Secluded, Sidewalk
    Details
    • Parcel number: 2200002400
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: 10+ Units
    • Property subtype: Multi Family
    Materials
    • Cement/Concrete, Cement Planked, Cement Plank
    • Roof: Composition
    Condition
    • Year built: 1942

    Utilities & green energy

    • Sewer: Sewer Connected
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Tillicum
    Location
    • Region: Lakewood

    Financial & listing details

    • Price per square foot: $188/sqft
    • Tax assessed value: $1,318,700
    • Annual tax amount: $14,528
    • Date on market: 4/26/2025
    • Cumulative days on market: 452 days
    • Listing terms: Conventional

    Price history

    DateEventPrice
    6/19/2025Pending sale$1,800,000+20%$225/sqft
    Source: NWMLS as distributed by MLS GRID #2335245 Report a problem
    6/11/2025Sold$1,500,000-16.7%$188/sqft
    Source: NWMLS as distributed by MLS GRID #2335245 Report a problem
    3/6/2025Listing removed$1,600
    Source: Zillow Rentals Report a problem
    2/27/2025Price change$1,600+3.2%
    Source: Zillow Rentals Report a problem
    2/22/2025Listed for sale$1,800,000+260%$225/sqft
    Source: NWMLS as distributed by MLS GRID #2335245 Report a problem
    11/22/2024Listed for rent$1,550
    Source: Zillow Rentals Report a problem
    9/25/2024Listing removed$1,550
    Source: Zillow Rentals Report a problem
    8/27/2024Price change$1,550-3.1%
    Source: Zillow Rentals Report a problem
    8/1/2024Listed for rent$1,600+6.7%
    Source: Zillow Rentals Report a problem
    6/5/2024Listing removed--
    Source: Zillow Rentals Report a problem
    5/24/2024Price change$1,500-18.9%
    Source: Zillow Rentals Report a problem
    5/6/2024Listed for rent$1,850+15.6%
    Source: Zillow Rentals Report a problem
    1/27/2018Listing removed$1,600
    Source: Meadowbrook Apartments Report a problem
    1/16/2018Listed for rent$1,600
    Source: Meadowbrook Apartments Report a problem
    11/30/2005Sold$500,000$63/sqft
    Source: NWMLS as distributed by MLS GRID #25096472 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$16,683 +14.8%$1,318,700
    2023$14,528 +10.5%$1,318,700 +6.2%
    2022$13,147 +1.9%$1,241,200 +15.1%
    2021$12,908 +45.3%$1,078,600 +25.5%
    2019$8,886 -5.5%$859,600 +20%
    2018$9,399 +9.4%$716,300 +15%
    2017$8,590 +6.2%$622,900 +25.4%
    2016$8,090 $496,700
    2014$8,090 +2.4%$496,700
    2013$7,900 $496,700 +1.4%
    2012-- $489,700
    2011-- $489,700 -2.2%
    2010-- $500,800
    Find assessor info on the county website

    Neighborhood: Tillicum

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