Exciting Investment Opportunity in Lakewood, minutes away from the freeway and JBLM!This charming 3 bedroom and 1.5 bath home boasts a single-level layout. While some cosmetic updates are necessary, it’s an ideal project for both homeowners and investors.Partially fenced with a RV carport, ample off-street parking, a shed for storage and spacious backyard. Bring your vision to transform property - an excellent opportunity to build instant equity. Seize this fantastic investment opportunity before it slips away!
Sold
Listed by: RE/MAX Sound Properties • Zachary Kolp
Bought with: Summit Properties NW LLC
$300,000
5503 Detroit Avenue SW, Lakewood, WA 98499
3beds
1,326sqft
Single Family Residence
Built in 1946
7,801 Square Feet Lot
$355,200 Zestimate®
$226/sqft
$2,560 Estimated rent
Home value
$355,200
$327,000 - $384,000
$2,560/mo
Zestimate® history
Owner options
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$2,560/mo
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$1,834/mo
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$1,834/mo
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List your homeWhat's special
Single-level layoutAmple off-street parkingSpacious backyardRv carportShed for storage
Zillow last checked:
Listing updated:
Listed by:
Zachary Kolp,
RE/MAX Sound Properties,
Nathaly Burnett,
RE/MAX Sound Properties
Bought with:
Aphrodyi Antoine, 135050
Summit Properties NW LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2304618
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Other
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Water Heater: electric
Features
- Ceiling Fan(s)
- Flooring: Vinyl, Carpet
- Windows: Double Pane/Storm Window
- Has fireplace: No
Interior area
- Total structure area: 1,326
- Total interior livable area: 1,326 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached Carport, Driveway, RV Parking
- Has carport: Yes
- Covered spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Ceiling Fan(s), Double Pane/Storm Window, Wall to Wall Carpet, Water Heater
Lot
- Size: 7,801 Square Feet
- Features: Paved, Deck, Fenced-Partially, RV Parking
- Topography: Level
- Residential vegetation: Fruit Trees
Details
- Parcel number: 6630000050
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1946
- Major remodel year: 1972
Utilities & green energy
- Electric: Company: Lakeview Light & Power
- Sewer: Sewer Connected, Company: Pierce County Sewer
- Water: Public, Company: Lakewood Water
- Utilities for property: T-Mobile, T-Mobile
Community & HOA
Community
- Subdivision: Lakewood
Location
- Region: Tacoma
Financial & listing details
- Price per square foot: $226/sqft
- Tax assessed value: $343,400
- Annual tax amount: $3,556
- Date on market: 12/18/2024
- Cumulative days on market: 464 days
- Listing terms: Conventional,Rehab Loan
- Inclusions: Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 11/22/2024 | Sold | $300,000+0%$226/sqft |
Source:  NWMLS as distributed by MLS GRID #2304618 Report a problem | ||
| 10/28/2024 | Pending sale | $299,950$226/sqft |
Source: NWMLS as distributed by MLS GRID #2304618 Report a problem | ||
| 10/23/2024 | Listed for sale | $299,950$226/sqft |
Source: NWMLS as distributed by MLS GRID #2304618 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,731 +4.9% | $343,400 +5.5% |
| 2023 | $3,556 +4.2% | $325,500 -0.2% |
| 2022 | $3,414 +2.6% | $326,000 +16% |
| 2021 | $3,326 +53.2% | $281,000 +52.8% |
| 2019 | $2,171 +3.9% | $183,900 +3.8% |
| 2018 | $2,089 +3.1% | $177,200 +27.7% |
| 2017 | $2,027 +24.1% | $138,800 +16.3% |
| 2016 | $1,633 | $119,300 +21% |
| 2014 | $1,633 -0.8% | $98,600 +9.3% |
| 2013 | $1,645 | $90,200 -10.2% |
| 2012 | -- | $100,500 -15.4% |
| 2011 | -- | $118,800 -10.8% |
| 2010 | -- | $133,200 -7.8% |
| 2009 | -- | $144,400 -5.1% |
| 2008 | $1,901 +0% | $152,100 -0.3% |
| 2007 | $1,901 +81.4% | $152,500 +121.3% |
| 2002 | $1,048 +6.5% | $68,900 +17% |
| 2000 | $984 | $58,900 |
Find assessor info on the county website
Neighborhood: Tyee Park
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Nearby schools
GreatSchools rating
- 4/10Tyee Park Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 6/10Harrison Preparatory SchoolGrades: 6-12Distance: 2.4 mi
- 4/10Clover Park High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Tyee Park Elem
- High: Clover Park High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$355,200
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
$355,200
- Washington
- Pierce County
- Lakewood
- 98499
- Tyee Park
- 5503 Detroit Avenue SW
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