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  • Listed by: Coldwell Banker Danforth • Gina Lane • 253-569-9493
    Bought with: John L. Scott, Inc.
    $585,000

    8709 116th Street SW, Lakewood, WA 98498

    3beds
    1,780sqft
    Single Family Residence
    Built in 1953
    0.93 Acres Lot
    $583,000 Zestimate®
    $329/sqft
    $2,600 Estimated rent

    Home value

    $583,000

    $554,000 - $612,000

    $2,600/mo

    Zestimate® history
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    What's special

    Inviting eat-in kitchenSingle car attached garageSome light fixturesAbundant parking spaceAdditional flexible living spaceInterior paintNew roof
    Endless Possibilities on Nearly 1 Acre! Built in 1953 and thoughtfully updated, this home offers a fantastic floor plan with room to live, grow, and create. Featuring 3 spacious bedrooms, a beautifully updated bathroom, an inviting eat-in kitchen, and a bright living room with a large picture window that fills the space with natural light.The main level also offers additional flexible living space that can be customized to fit your lifestyle. Downstairs, you'll find a huge bonus area perfect for a family room, recreation room, home theater, gym, hobby space, or all of the above, the possibilities are truly endless.Outside, classic curb appeal welcomes you home, while the nearly 1 acre flat parcel offers incredible future potential. Buyer to verify with the county, but preliminary possibilities may include subdividing into up to 3 tax lots or developing 2 duplexes plus 2 ADUs. Additional features include a single car attached garage, carport, and abundant parking space. Major updates completed in 2026 include a new roof, gutters, interior paint, and carpet and some light fixtures, making this property move-in ready while offering exciting future opportunities. Space, flexibility, and development potential all in one exceptional property!

    Zillow last checked:

    Listing updated:

    Listed by:

    Gina Lane 253-569-9493 Gina.L@comcast.net,

    Coldwell Banker Danforth

    Bought with:

    Marianna N Mikshanskiy, 18887

    John L. Scott, Inc.

    Source: NWMLS as distributed by MLS GRID,MLS#: 2544902MLS 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
    Den office
    • Description: Extra finished room off living room can be what you need for you!!
    • Level: Main
    Dining room
    • Level: Main
    Entry hall
    • Level: Main
    Family room
    • Level: Lower
    Kitchen with eating space
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Wall Furnace, Electric
    Cooling
    • None
    Appliances
    • Included: Disposal, Refrigerator, Stove(s)/Range(s), Garbage Disposal, Refrigerator(s)
    Features
    • Dining Room
    • Flooring: Vinyl, Carpet
    • Windows: Dbl Pane/Storm Window
    • Basement: Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,780
    • Total interior livable area: 1,780 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached Garage, RV Parking
    • Has attached garage: Yes
    • Covered spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main
    • Patio & porch: Dbl Pane/Storm Window, Dining Room
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 0.93 Acres
    • Dimensions: 196 x 216
    • Features: Paved, Value In Land, Cable TV, Deck, Fenced-Fully, Outbuildings, Patio, RV Parking
    • Topography: Level
    • Residential vegetation: Garden Space
    Details
    • Parcel number: 0219091057
    • Zoning: LKWD
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: 1 Story w/Bsmnt.
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Year built: 1953

    Utilities & green energy

    • Electric: Company: PSE
    • Sewer: Sewer Connected
    • Water: Public, Company: Lakewood Water

    Community & HOA

    Community
    • Subdivision: Lakewood
    Location
    • Region: Lakewood

    Financial & listing details

    • Price per square foot: $329/sqft
    • Tax assessed value: $523,200
    • Annual tax amount: $5,406
    • Date on market: 6/25/2026
    • Listing terms: Conventional,FHA,VA Loan
    • Inclusions: Garbage Disposal, Refrigerator(s), Stove(s)/Range(s)

    Price history

    DateEventPrice
    9/30/2026Sold$585,000-10%$329/sqft
    Source: NWMLS as distributed by MLS GRID #2544902 Report a problem
    8/15/2026Pending sale$650,000$365/sqft
    Source: NWMLS as distributed by MLS GRID #2544902 Report a problem
    6/25/2026Listed for sale$650,000$365/sqft
    Source: NWMLS as distributed by MLS GRID #2544902 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,719 +5.8%$523,200 +2.5%
    2024$5,406 +1%$510,400 +2.8%
    2023$5,352 +0.9%$496,700 -3.4%
    2022$5,305 +1786.1%$514,400 +1174.5%
    2021$281 -8.5%$40,360 -87.9%
    2019$307 $334,500 +5.5%
    2018-- $317,100 +12.7%
    2017$443 $281,300 +25.5%
    2016$443 $224,100 +6.9%
    2014$443 -4.4%$209,600 +12.3%
    2013$464 $186,700 +6.3%
    2012-- $175,600 -14.5%
    2011-- $205,400 -10.7%
    2010-- $230,000 -6.6%
    2009-- $246,200 -11.2%
    2008$292 +0%$277,400 -1.1%
    2007$292 -68.1%$280,500 +82.1%
    2002$915 $154,000 -0.4%
    2001-- $154,600 +8.6%
    2000-- $142,400
    Find assessor info on the county website

    Neighborhood: Idlewild

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Idlewild Elem
    • Middle: Hudtloff 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
    $583,000
    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
    $583,000