Brand NEW 4- Bedroom 2025 Built Home with designer finishes throughout. Come inside & fall in love with this open floor plan. Kitchen is open to living room & features white cabinets, stainless steel appliances, quartz countertops & center island. Large primary bedroom comes with walk-in closet & private bathroom. Primary bath features double quartz vanity sink & tiled walk-in shower. Outside is perfect for entertaining your guests with huge back yard & large patio. Lot is just shy of a half acre & has plenty off room to store all of your toys. Other features include 2-car garage, mini split, R.V parking + more.
Sold
Listed by: Terrafin • Paul Coleman
Bought with: Elite Properties
Zestimate®
$657,000
5501 116th Street SW, Lakewood, WA 98499
4beds
1,678sqft
Single Family Residence
Built in 2025
0.46 Acres Lot
$657,000 Zestimate®
$392/sqft
$3,303 Estimated rent
Home value
$657,000
$618,000 - $703,000
$3,303/mo
Zestimate® history
Owner options
List your home for rent
$3,303/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,303/mo
Rent Zestimate®
Refinance and save
$4,377/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$4,377/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Open floor planCenter islandLarge primary bedroomWalk-in closetPrivate bathroomTiled walk-in showerDouble quartz vanity sink
Zillow last checked:
Listing updated:
Listed by:
Paul Coleman,
Terrafin
Bought with:
Angkear Mao, 129190
Elite Properties
Source: NWMLS as distributed by MLS GRID,MLS#: 2401493
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 4
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Main
Other
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Forced Air, Electric
Cooling
- Ductless
Appliances
- Included: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Features
- Dining Room
- Flooring: Vinyl
- Windows: Double Pane/Storm Window
- Has fireplace: No
Interior area
- Total structure area: 1,678
- Total interior livable area: 1,678 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage
- Has attached garage: Yes
- Covered spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Double Pane/Storm Window, Dining Room, Walk-In Closet(s)
Lot
- Size: 0.46 Acres
Details
- Parcel number: 7095000330
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Cement/Concrete
- Roof: Composition
Condition
- New construction: Yes
- Year built: 2025
Utilities & green energy
- Electric: Company: Lakeview Power
- Sewer: Sewer Connected, Company: Pierce County Sewer
- Water: Public, Company: Lakewood Water
Community & HOA
Community
- Subdivision: Lakewood
HOA
- HOA fee: $300 annually
Location
- Region: Lakewood
Financial & listing details
- Price per square foot: $392/sqft
- Tax assessed value: $198,900
- Annual tax amount: $1,823
- Date on market: 9/9/2025
- Cumulative days on market: 316 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Price history
| Date | Event | Price |
|---|---|---|
| 12/24/2025 | Sold | $657,000+1.1%$392/sqft |
Source:  NWMLS as distributed by MLS GRID #2401493 Report a problem | ||
| 11/17/2025 | Pending sale | $649,950$387/sqft |
Source: NWMLS as distributed by MLS GRID #2401493 Report a problem | ||
| 11/5/2025 | Price change | $649,950-1.5%$387/sqft |
Source: NWMLS as distributed by MLS GRID #2401493 Report a problem | ||
| 10/1/2025 | Price change | $659,950-2.2%$393/sqft |
Source: NWMLS as distributed by MLS GRID #2401493 Report a problem | ||
| 8/21/2025 | Price change | $674,950-2.2%$402/sqft |
Source: NWMLS as distributed by MLS GRID #2401493 Report a problem | ||
| 7/30/2025 | Price change | $689,950-1.4%$411/sqft |
Source: NWMLS as distributed by MLS GRID #2401493 Report a problem | ||
| 7/3/2025 | Listed for sale | $699,950+774.3%$417/sqft |
Source: NWMLS as distributed by MLS GRID #2401493 Report a problem | ||
| 4/26/2023 | Sold | $80,056$48/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $61,917 +12.1% | $198,900 +4.1% |
| 2023 | $55,237 +1114.4% | $191,000 -57.7% |
| 2022 | $4,549 -2.5% | $451,800 +13.2% |
| 2021 | $4,666 +27.8% | $399,100 +31.1% |
| 2019 | $3,650 -55.3% | $304,500 -0.3% |
| 2018 | $8,165 +781.9% | $305,300 +20.3% |
| 2017 | $926 | $253,700 +25.6% |
| 2016 | $926 | $202,000 +1.9% |
| 2014 | $926 -4.6% | $198,300 +4.5% |
| 2013 | $970 | $189,800 -22% |
| 2012 | -- | $243,200 -5.7% |
| 2011 | -- | $257,900 -11% |
| 2010 | -- | $289,900 -3.5% |
| 2009 | -- | $300,400 -10.3% |
| 2008 | $783 +62.6% | $334,800 -2.6% |
| 2007 | $482 -52% | $343,600 +93.3% |
| 2002 | $1,003 | $177,800 -1.6% |
| 2001 | -- | $180,700 +5.8% |
| 2000 | $2,561 | $170,800 |
Find assessor info on the county website
Neighborhood: Tyee Park
Nearby homes
- $565,0003 bd2 ba1.3k sqft11524 Seminole Rd SW, Tacoma, WA 98499Sold
- $660,0003 bd2 ba1.7k sqft11608 Seminole Rd SW, Lakewood, WA 98499Sold
- $570,0004 bd2 ba1.7k sqft5515 116th St SW, Tacoma, WA 98499Sold
- $629,9504 bd3 ba1.6k sqft11615 55th Ave SW, Lakewood, WA 98499Sold
- $750,0005 bd3 ba2.6k sqft5607 117th St SW, Lakewood, WA 98499Sold
- $625,0004 bd3 ba1.8k sqft11501 58th Ave SW, Lakewood, WA 98499Sold
- $572,0003 bd2 ba1.5k sqft11717 55th Ave SW, Lakewood, WA 98499Sold
- $575,0003 bd2 ba1.1k sqft11702 Pawnee Dr SW, Lakewood, WA 98499Sold
Nearby schools
GreatSchools rating
- 4/10Tyee Park Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 6/10Harrison Preparatory SchoolGrades: 6-12Distance: 1.6 mi
- 4/10Clover Park High SchoolGrades: 9-12Distance: 0.6 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$657,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$657,000
- Washington
- Pierce County
- Lakewood
- 98499
- Tyee Park
- 5501 116th Street SW
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Lakewood Topics
