This charming 3-bed, 1-bath rambler in Lakewood has been a successful rental for years, making it a great addition to any investment portfolio. Living room features a cozy wood burning fireplace. Situated in a peaceful neighborhood, it offers easy access to transit, shopping, and Fort Steilacoom Park, providing both convenience and appeal. The fully fenced backyard is ideal for pets and outdoor relaxation. Whether you're looking to expand your investment strategy or find a welcoming starter home, this property is a fantastic opportunity to own in a desirable area. Home is being sold "AS IS". Don't miss out!
Sold
Listed by: Redfin • John Roof
Bought with: Skyline Properties, Inc.
$370,000
8709 Terrace Road SW, Lakewood, WA 98498
3beds
1,260sqft
Single Family Residence
Built in 1955
7,461 Square Feet Lot
$364,000 Zestimate®
$294/sqft
$2,393 Estimated rent
Home value
$364,000
$339,000 - $393,000
$2,393/mo
Zestimate® history
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$2,329/mo
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List your homeWhat's special
Cozy wood burning fireplaceOutdoor relaxationFully fenced backyard
Zillow last checked:
Listing updated:
Listed by:
John Roof,
Redfin,
Kristie Roof,
Redfin
Bought with:
Eric Verrastro, 134136
Skyline Properties, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2322908
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Heating
- Fireplace, Forced Air, Electric
Cooling
- Has cooling: Yes
Appliances
- Included: Refrigerator(s), Water Heater: Electric
Features
- Flooring: Carpet
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,260
- Total interior livable area: 1,260 sqft
Property
Parking
- Parking features: Driveway
Features
- Levels: One
- Stories: 1
- Patio & porch: Fireplace, Wall to Wall Carpet, Water Heater
Lot
- Size: 7,461 Square Feet
- Features: Paved, Cable TV, Fenced-Fully, Patio
- Topography: Level
Details
- Parcel number: 6090000120
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1955
- Major remodel year: 1982
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Sewer Connected, Company: Pierce County Sewer
- Water: Public, Company: Lakewood Water District
Community & HOA
Community
- Subdivision: Lakewood
Location
- Region: Lakewood
Financial & listing details
- Price per square foot: $294/sqft
- Tax assessed value: $374,800
- Annual tax amount: $3,700
- Date on market: 3/18/2025
- Cumulative days on market: 491 days
- Listing terms: Conventional,FHA
- Inclusions: Refrigerator(s)
Price history
| Date | Event | Price |
|---|---|---|
| 2/24/2025 | Sold | $370,000-1.3%$294/sqft |
Source:  NWMLS as distributed by MLS GRID #2322908 Report a problem | ||
| 1/26/2025 | Pending sale | $375,000$298/sqft |
Source: NWMLS as distributed by MLS GRID #2322908 Report a problem | ||
| 1/17/2025 | Listed for sale | $375,000$298/sqft |
Source: NWMLS as distributed by MLS GRID #2322908 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,053 +9.5% | $374,800 +10.5% |
| 2023 | $3,700 -0.5% | $339,200 -4.8% |
| 2022 | $3,718 +4.7% | $356,300 +18.5% |
| 2021 | $3,549 +38.1% | $300,700 +34.4% |
| 2019 | $2,570 -2.4% | $223,800 +5.7% |
| 2018 | $2,633 +5.4% | $211,700 +19.9% |
| 2017 | $2,499 +17.9% | $176,500 +23.4% |
| 2016 | $2,119 | $143,000 +8.7% |
| 2014 | $2,119 -4.7% | $131,600 +4.9% |
| 2013 | $2,225 | $125,500 -10.3% |
| 2012 | -- | $139,900 -6.7% |
| 2011 | -- | $149,900 -9.5% |
| 2010 | -- | $165,700 -6.6% |
| 2009 | -- | $177,400 -6% |
| 2008 | $2,325 | $188,800 -0.9% |
| 2007 | $2,325 +36.4% | $190,600 +70.9% |
| 2002 | $1,705 +8.7% | $111,500 |
| 2001 | $1,568 | $111,500 +9.6% |
| 2000 | $1,568 | $101,700 |
Find assessor info on the county website
Neighborhood: Custer
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Nearby schools
GreatSchools rating
- 5/10Custer Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 2/10Hudtloff Middle SchoolGrades: 6-8Distance: 0.6 mi
- 6/10Lakes High SchoolGrades: 9-12Distance: 1.7 mi
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Estimated market value
$364,000
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
$364,000
- Washington
- Pierce County
- Lakewood
- 98498
- Custer
- 8709 Terrace Road SW
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