This charming Lakewood home features original hardwood floors and classic character. The home also boasts 4 bedrooms, 2 bathrooms, a freshly updated bathroom and new flooring upstairs, and a newer furnace, plus a versatile bonus room. Enjoy a spacious, fully fenced backyard with a barn-style outbuilding, new fence (2025), and front patio updated in 2022. Ample driveway parking for you and guests. Conveniently located across from Lake City Elementary, near shopping, JBLM, commuter routes, parks, and nearby to American Lake. This home is ready to make it your own and a great investment opportunity!
Sold
Listed by: eXp Realty • Chris Gurnee
Bought with: Timber Real Estate
$465,000
8725 121st Street SW, Lakewood, WA 98498
4beds
1,700sqft
Single Family Residence
Built in 1951
7,840 Square Feet Lot
$463,300 Zestimate®
$274/sqft
$2,827 Estimated rent
Home value
$463,300
$436,000 - $491,000
$2,827/mo
Zestimate® history
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List your homeWhat's special
Ample driveway parkingBarn-style outbuildingVersatile bonus roomOriginal hardwood floorsNew flooring upstairsSpacious fully fenced backyardNewer furnace
Zillow last checked:
Listing updated:
Listed by:
Chris Gurnee,
eXp Realty,
Darlene Flint,
eXp Realty
Bought with:
Grace Johnson, 141080
Timber Real Estate
Source: NWMLS as distributed by MLS GRID,MLS#: 2479531
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Second
Bathroom full
- Level: Main
Other
- Level: Lower
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen without eating space
- Level: Main
Living room
- Level: Main
Heating
- Forced Air, Electric, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Washer, Dishwasher(s), Dryer(s), Refrigerator(s), Washer(s)
Features
- Dining Room
- Flooring: Hardwood, Laminate, Vinyl Plank, Carpet
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,700
- Total interior livable area: 1,700 sqft
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Off Street
- Uncovered spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Dining Room
Lot
- Size: 7,840 Square Feet
- Dimensions: 63' x 122'
- Features: Paved, Deck, Fenced-Fully, Gas Available, Outbuildings, Patio
- Topography: Level
- Residential vegetation: Garden Space
Details
- Parcel number: 5005003420
- Zoning: LAWD
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 2 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1951
- Major remodel year: 1986
Utilities & green energy
- Electric: Company: Lakeview light and power
- Sewer: Sewer Connected, Company: Lakewood Water District
- Water: Public, Company: Lakewood Water District
Community & HOA
Community
- Subdivision: Lake City
Location
- Region: Lakewood
Financial & listing details
- Price per square foot: $274/sqft
- Tax assessed value: $424,300
- Annual tax amount: $4,574
- Date on market: 4/9/2026
- Cumulative days on market: 104 days
- Listing terms: Conventional,FHA,State Bond,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 3/20/2026 | Sold | $465,000-1%$274/sqft |
Source:  NWMLS as distributed by MLS GRID #2479531 Report a problem | ||
| 2/22/2026 | Pending sale | $469,900$276/sqft |
Source: eXp Realty #2479531 Report a problem | ||
| 2/13/2026 | Listed for sale | $469,900+113.6%$276/sqft |
Source: eXp Realty #2479531 Report a problem | ||
| 11/4/2024 | Listed for rent | $1,400-1.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/7/2015 | Listing removed | $1,425$1/sqft |
Source: Integrity Property Management, Inc. Report a problem | ||
| 2/10/2015 | Price change | $1,425-3.4%$1/sqft |
Source: Owner Report a problem | ||
| 1/14/2015 | Listed for rent | $1,475$1/sqft |
Source: Integrity Property Management, Inc. Report a problem | ||
| 3/31/2008 | Sold | $220,000+66%$129/sqft |
Source: NWMLS as distributed by MLS GRID #27198762 Report a problem | ||
| 8/3/2001 | Sold | $132,500$78/sqft |
Source: NWMLS as distributed by MLS GRID #21065441 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,574 +12% | $424,300 +12.8% |
| 2023 | $4,086 -1.5% | $376,000 -5.8% |
| 2022 | $4,150 +4% | $399,300 +17.6% |
| 2021 | $3,991 +44% | $339,600 +32.6% |
| 2019 | $2,772 -6.6% | $256,100 +11.7% |
| 2018 | $2,967 +6.1% | $229,200 +14.8% |
| 2017 | $2,797 +16.6% | $199,600 +30.1% |
| 2016 | $2,399 | $153,400 +2.5% |
| 2014 | $2,399 +13.7% | $149,700 +10.8% |
| 2013 | $2,110 | $135,100 +2% |
| 2012 | -- | $132,400 -14% |
| 2011 | -- | $154,000 -6.9% |
| 2010 | -- | $165,400 -8.2% |
| 2009 | -- | $180,200 -10.1% |
| 2008 | -- | $200,400 -1.8% |
| 2007 | $2,482 +45.6% | $204,000 +83% |
| 2002 | $1,705 +8.6% | $111,500 |
| 2001 | $1,570 | $111,500 |
Find assessor info on the county website
Neighborhood: Lake City
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Nearby schools
GreatSchools rating
- 6/10Lake Louise Elementary SchoolGrades: PK-5Distance: 1 mi
- 4/10Woodbrook Middle SchoolGrades: 6-8Distance: 0.7 mi
- 6/10Lakes High SchoolGrades: 9-12Distance: 1.5 mi
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Estimated market value
$463,300
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
$463,300
- Washington
- Pierce County
- Lakewood
- 98498
- Lake City
- 8725 121st Street SW
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