Opportunity is knocking! If you've been waiting for a home with great bones, endless potential, and the chance to build instant equity, this is your moment. Bring your vision, your Pinterest board, and your favorite contractor, because this home is ready for its next chapter. Behind the front door, you'll find the perfect canvas to create the home you've always wanted. Whether you're dreaming of a stylish renovation, a profitable investment, or simply putting your own stamp on a home, the possibilities are endless. New roof and no HOA! The fully fenced yard has room to entertain, garden, or let the dogs run, and the location makes this opportunity even sweeter. Roll up your sleeves, unlock the potential. Minutes from JBLM, the lake, shopping and dining.
Active
Listed by: Keller Williams Rlty Bellevue • Corinne Smith
$399,000
8316 121st Street SW, Lakewood, WA 98498
3beds
1,329sqft
Single Family Residence
Built in 1955
7,501 Square Feet Lot
$398,700 Zestimate®
$300/sqft
$-- HOA
What's special
Room to entertainFully fenced yardNew roof
- 2 days |
- 671 |
- 79 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Corinne Smith,
Keller Williams Rlty Bellevue
Source: NWMLS as distributed by MLS GRID,MLS#: 2555889
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Bedroom
- Level: Second
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Other
- Level: Main
Bonus room
- Level: Second
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen with eating space
- Level: Main
Utility room
- Level: Main
Heating
- Forced Air, Natural Gas
Cooling
- None
Features
- Flooring: Ceramic Tile, Hardwood, Carpet
- Windows: Dbl Pane/Storm Window
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,329
- Total interior livable area: 1,329 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Attached Garage, Off Street
- Has attached garage: Yes
- Covered spaces: 1
Features
- Levels: One and One Half
- Stories: 1
- Entry location: Main
- Patio & porch: Dbl Pane/Storm Window, Vaulted Ceiling(s)
- Has view: Yes
- View description: Territorial
Lot
- Size: 7,501 Square Feet
- Features: Curbs, Paved, Value In Land, Cable TV, Fenced-Fully, Gas Available, High Speed Internet, Patio
- Topography: Level
- Residential vegetation: Fruit Trees
Details
- Parcel number: 5005003890
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 1/2 Story
- Property subtype: Single Family Residence
Materials
- Cement/Concrete
- Roof: Composition
Condition
- Year built: 1955
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & HOA
Community
- Subdivision: Lakewood
Location
- Region: Lakewood
Financial & listing details
- Price per square foot: $300/sqft
- Tax assessed value: $364,800
- Annual tax amount: $3,961
- Date on market: 7/18/2026
- Cumulative days on market: 3 days
- Listing terms: Conventional,FHA,VA Loan
Estimated market value
$398,700
$379,000 - $419,000
$2,530/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/19/2026 | Listed for sale | $399,000+46.3%$300/sqft |
Source:  NWMLS as distributed by MLS GRID #2555889 Report a problem | ||
| 5/31/2018 | Sold | $272,700+6.9%$205/sqft |
Source: NWMLS as distributed by MLS GRID #1280239 Report a problem | ||
| 4/28/2018 | Pending sale | $255,000$192/sqft |
Source: Windermere Real Estate/Puyallup Inc. #1280239 Report a problem | ||
| 4/25/2018 | Listed for sale | $255,000+13.3%$192/sqft |
Source: Windermere Real Estate/Puyallup Inc. #1280239 Report a problem | ||
| 3/5/2015 | Listing removed | $1,250$1/sqft |
Source: RE2K Property Management Report a problem | ||
| 2/21/2015 | Listed for rent | $1,250$1/sqft |
Source: RE2K Property Management Report a problem | ||
| 7/10/2010 | Listing removed | $225,000$169/sqft |
Source: Coldwell Banker Bain Associates #55568 Report a problem | ||
| 4/24/2010 | Price change | $225,000-2.2%$169/sqft |
Source: Coldwell Banker Bain Associates #55568 Report a problem | ||
| 4/14/2010 | Listed for sale | $230,000+84%$173/sqft |
Source: Coldwell Banker Bain Associates #55568 Report a problem | ||
| 12/14/2009 | Sold | $125,000$94/sqft |
Source: NWMLS as distributed by MLS GRID #29156695 Report a problem | ||
| 11/14/2009 | Listed for sale | $125,000$94/sqft |
Source: Coldwell Banker Bain Associates #29156695 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,961 +10.9% | $364,800 +11.6% |
| 2023 | $3,571 -1.3% | $326,900 -5.7% |
| 2022 | $3,619 +4.7% | $346,500 +18.4% |
| 2021 | $3,458 +42.8% | $292,600 +33.5% |
| 2019 | $2,421 -5.8% | $219,200 +10.3% |
| 2018 | $2,570 +6.6% | $198,800 +15.5% |
| 2017 | $2,412 +17.7% | $172,100 +31.8% |
| 2016 | $2,050 | $130,600 +2.8% |
| 2014 | $2,050 +14.9% | $127,100 +11.5% |
| 2013 | $1,784 | $114,000 +2.6% |
| 2012 | -- | $111,100 -16.7% |
| 2011 | -- | $133,300 -7.8% |
| 2010 | -- | $144,500 -8.5% |
| 2009 | -- | $157,900 -11.2% |
| 2008 | $2,217 +0% | $177,900 -1.9% |
| 2007 | $2,217 +47.7% | $181,400 +86.4% |
| 2002 | $1,501 +7.9% | $97,300 |
| 2001 | $1,392 | $97,300 +8.8% |
| 2000 | $1,392 | $89,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Lake City
Nearby schools
GreatSchools rating
- 6/10Lake Louise Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 4/10Woodbrook Middle SchoolGrades: 6-8Distance: 0.9 mi
- 6/10Lakes High SchoolGrades: 9-12Distance: 1.7 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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