Looking for a TRUE Mid-Century? All you Need to do is Add the Modern. Priced BELOW Market Value, this is a Great Opportunity for an Investor or First-Time Home-Buyer Looking for Sweat Equity. Update Before You Move In, Or Update Along the Way. One Level Home on a LARGE Fenced Lot with Working Out Buildings, Covered Patio and Garden Space. 2-Car Garage + a Carport and a Long Asphalt Driveway. Less Than 5 Minutes to Historic Steilacoom, Lake Steilacoom and Walkable to All You Need (Groceries, Restaurants, Coffee Houses). Easy Commute to JBLM. Stunning Wood-Burning Fireplace and Partially Updated Bathroom. Full of Light and Ready for Your Design Elements.
Sold
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Listed by: NextHome South Sound • Angela L. Cochran
Bought with: Better Properties Covington
$421,500
8114 Fairway Drive SW, Lakewood, WA 98498
3beds
1,230sqft
Single Family Residence
Built in 1953
0.38 Acres Lot
$422,800 Zestimate®
$343/sqft
$2,697 Estimated rent
Home value
$422,800
$397,000 - $452,000
$2,697/mo
Zestimate® history
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$2,612/mo
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List your homeWhat's special
Covered patioStunning wood-burning fireplaceGarden spaceFull of lightOne level homeWorking out buildingsLong asphalt driveway
Zillow last checked:
Listing updated:
Listed by:
Angela L. Cochran,
NextHome South Sound
Bought with:
Shawn Stewart, 22000567
Better Properties Covington
Source: NWMLS as distributed by MLS GRID,MLS#: 2462981
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
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Garage
Heating
- Fireplace, Forced Air, Electric, Wood
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Water Heater: Electric, Water Heater Location: Garage
Features
- Dining Room
- Flooring: Laminate, Carpet
- Windows: Dbl Pane/Storm Window
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,230
- Total interior livable area: 1,230 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage, RV Parking
- Has attached garage: Yes
- Covered spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Dbl Pane/Storm Window, Dining Room, Fireplace, Water Heater
Lot
- Size: 0.38 Acres
- Features: Corner Lot, Curbs, Paved, Cable TV, Fenced-Partially, Gas Available, High Speed Internet, Outbuildings, Patio, RV Parking
- Topography: Level
- Residential vegetation: Fruit Trees, Garden Space
Details
- Parcel number: 3775000960
- Zoning: LKWD
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Brick, Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Fair
- Year built: 1953
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected
- Water: Public, Company: City of Lakewood
- Utilities for property: Xfinity, Xfinity
Community & HOA
Community
- Subdivision: Lakewood
Location
- Region: Tacoma
Financial & listing details
- Price per square foot: $343/sqft
- Tax assessed value: $450,900
- Annual tax amount: $4,789
- Date on market: 3/7/2026
- Cumulative days on market: 137 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 2/13/2026 | Sold | $421,500-6.3%$343/sqft |
Source:  NWMLS as distributed by MLS GRID #2462981 Report a problem | ||
| 1/10/2026 | Pending sale | $450,000$366/sqft |
Source: NWMLS as distributed by MLS GRID #2462981 Report a problem | ||
| 1/3/2026 | Listed for sale | $450,000$366/sqft |
Source: NWMLS as distributed by MLS GRID #2462981 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,789 +4.7% | $450,900 +6.7% |
| 2023 | $4,575 -0.1% | $422,600 -4.4% |
| 2022 | $4,579 +4.8% | $442,100 +18.6% |
| 2021 | $4,369 +40.4% | $372,900 +32.1% |
| 2019 | $3,111 -4.4% | $282,300 +9.2% |
| 2018 | $3,254 +5.4% | $258,600 +17.8% |
| 2017 | $3,087 +25.4% | $219,500 +31.4% |
| 2016 | $2,461 | $167,100 +8.7% |
| 2014 | $2,461 +0.5% | $153,700 +3.4% |
| 2013 | $2,448 | $148,600 -3.8% |
| 2012 | -- | $154,500 -1.4% |
| 2011 | -- | $156,700 -11.3% |
| 2010 | -- | $176,600 -13.9% |
| 2009 | -- | $205,000 -7.2% |
| 2008 | $2,681 | $220,800 0% |
| 2007 | $2,681 +51.9% | $220,900 +90.9% |
| 2002 | $1,765 +5.1% | $115,700 |
| 2001 | $1,679 | $115,700 +5.8% |
| 2000 | $1,679 | $109,400 |
Find assessor info on the county website
Neighborhood: Custer
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Nearby schools
GreatSchools rating
- 5/10Custer Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 2/10Hudtloff Middle SchoolGrades: 6-8Distance: 0.4 mi
- 6/10Lakes High SchoolGrades: 9-12Distance: 1.9 mi
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Estimated market value
$422,800
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
$422,800
- Washington
- Pierce County
- Lakewood
- 98498
- Custer
- 8114 Fairway Drive SW
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