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  • Listed by: eXp Realty • Kenneth S. Crotts
    Bought with: John L. Scott, Inc.
    $414,950

    8501 121st Street SW, Lakewood, WA 98498

    3beds
    925sqft
    Single Family Residence
    Built in 1954
    8,999 Square Feet Lot
    $406,300 Zestimate®
    $449/sqft
    $2,386 Estimated rent

    Home value

    $406,300

    $378,000 - $435,000

    $2,386/mo

    Zestimate® history
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    What's special

    Covered patioCozy gas fireplaceSpacious kitchenHardwood floorsRich wood panelingFully fenced backyardAmple cabinetry
    Immaculately maintained Rambler with beautifully landscaped front and back yards! This charming 3-bedroom, 1-bath home is perfect for first-time buyers or those looking to downsize. The bright living area features a cozy gas fireplace and rich wood paneling throughout. Hardwood floors lie beneath the carpet (buyer to verify). The spacious kitchen offers ample cabinetry and a window overlooking the pristine backyard. Step outside to a covered patio—ideal for year-round entertaining. The fully fenced backyard provides plenty of space for pets, play, or peaceful relaxation. A bonus storage shed adds even more functionality. Conveniently located near American Lake, Veteran’s Park, JBLM, shopping, and with easy access to I-5.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kenneth S. Crotts,

    eXp Realty

    Bought with:

    Paul Coldiron, 87116

    John L. Scott, Inc.

    Source: NWMLS as distributed by MLS GRID,MLS#: 2368804MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom full
    • Level: Main
    Dining room
    • Level: Main
    Entry hall
    • Level: Main
    Kitchen without eating space
    • Level: Main
    Living room
    • Level: Main
    Utility room
    • Level: Garage
    Heating
    • Fireplace, Fireplace Insert, Forced Air, Electric, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Disposal, Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Garbage Disposal, Water Heater Location: Garage
    Features
    • Dining Room
    • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
    • Windows: Double Pane/Storm Window
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Gas, Main Level: 1, Fireplace
    Interior area
    • Total structure area: 925
    • Total interior livable area: 925 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Driveway, Attached Garage, RV Parking
    • Attached garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main
    • Patio & porch: Double Pane/Storm Window, Dining Room, Fireplace
    Lot
    • Size: 8,999 Square Feet
    • Features: Curbs, Paved, Sidewalk, Cable TV, Fenced-Fully, Gas Available, Outbuildings, Patio, RV Parking, Sprinkler System
    • Topography: Level
    Details
    • Parcel number: 5005003290
    • Zoning: LKWD
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Metal/Vinyl
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Year built: 1954
    • Major remodel year: 1986

    Utilities & green energy

    • Electric: Company: PSE
    • Sewer: Sewer Connected, Company: Pierce County Utilities
    • Water: Public, Company: Lakewood Water District

    Community & HOA

    Community
    • Subdivision: Lakewood
    Location
    • Region: Lakewood

    Financial & listing details

    • Price per square foot: $449/sqft
    • Tax assessed value: $361,000
    • Annual tax amount: $347
    • Date on market: 7/6/2025
    • Cumulative days on market: 264 days
    • Listing terms: Conventional,FHA,VA Loan
    • Inclusions: Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)

    Price history

    DateEventPrice
    6/24/2025Sold$414,950+2.5%$449/sqft
    Source: NWMLS as distributed by MLS GRID #2368804 Report a problem
    5/25/2025Pending sale$404,950$438/sqft
    Source: NWMLS as distributed by MLS GRID #2368804 Report a problem
    5/21/2025Price change$404,950-3.1%$438/sqft
    Source: NWMLS as distributed by MLS GRID #2368804 Report a problem
    5/6/2025Listed for sale$417,900$452/sqft
    Source: NWMLS as distributed by MLS GRID #2368804 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$347 -5.7%$60,160
    2023$368 +2.7%$60,160
    2022$359 -10.6%$60,160
    2021$401 -9.2%$60,160 -72.4%
    2019$442 -1.7%$217,600 +12.6%
    2018$449 -6.1%$193,300 +14.9%
    2017$478 -75.7%$168,200 +33.9%
    2016$1,969 $125,600 +3%
    2014$1,969 +10.2%$121,900 +11.4%
    2013$1,787 $109,400 -1.7%
    2012-- $111,300 -17.1%
    2011-- $134,200 -8.7%
    2010-- $147,000 -8.6%
    2009-- $160,900 -11.6%
    2008$2,251 $182,100 -1.2%
    2007$2,251 +55.1%$184,300 +96.5%
    2002$1,451 +9.1%$93,800
    2001$1,330 $93,800 +10.2%
    2000$1,330 $85,100
    Find assessor info on the county website

    Neighborhood: Lake City

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lake Louise Elem
    • Middle: Woodbrook Mid
    • High: Lakes 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
    $406,300
    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
    $406,300