8602 Lake Street Southwest

Lakewood, WA 98498

$449,999
Price
Beds
1,548 Sq. Ft.
$291 / Sq. Ft.
1,548
Sq. Ft.
$291
per Sq. Ft.

Description

Bom. Investor Opportunity! Duplex. Great location. Near JBLM, Harry Todd Park, and minutes from I-5. Newer roof, 1 unit is a 3 bedroom plus bonus room and 1 bath and second is 1 bedroom 1 bath. Great corner lot, fenced in quiet neighborhood.Bom. Investor Opportunity! Duplex. Great location. Near JBLM, Harry Todd Park, and minutes from I-5. Newer roof, 1 unit is a 3 bedroom plus bonus room and 1 bath and second is 1 bedroom 1 bath. Great corner lot, fenced in quiet neighborhood.
  1. Listed by Amber Bate • eXp Realty

Property Details for 8602 Lake Street Southwest

Community Name
American Lake
School District
Clover Park
View
Territorial
Number of Assigned Spaces
2
Total Covered Parking
0
Entry Date
06-21-2024
Energy Source
Electric
Sewer
Septic Tank
LISTING UPDATED: 11/13/2024 10:51 AM

Property Details for 8602 Lake Street Southwest

StatusActive
MLS #2255444
Days on Market179
Cumulative Days on Market156
Taxes$3,453 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1947
Lot Size0.14 AC / 6,038 SF
CountyPierce County

Building Information for 8602 Lake Street Southwest

Stories1Residences2Year Built1947Building Size-Lot Size0.14 AC / 6,038 SF

Property Information for 8602 Lake Street Southwest

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Outbuildings
  • Area: 38 - Lakewood
  • Effective Year Built Source: Public Records
  • Directions: I-5 to exit 122. Right at the stop sign and then left on Lake Street mile down on left.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2021
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 3
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Ceramic Tile, Hardwood, Laminate
  • Features: Ceramic Tile, Hardwood, Laminate Hardwood
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Stove/Free Standing
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 1050
  • Power Company: PSE
  • Water Company: Lakewood Water
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1966
  • Photos Count: 11
Lot Information
  • Lot Details: Corner Lot, Curbs, Paved, Sidewalk
  • Lot Size Source: tax records
  • Parcel Number Free Text: 220000-356-0
  • Calculated Square Footage: 1548
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1548.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 2
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 5703
  • Gross Adjusted Income: 28000
  • Gross Rent Multiplier: 12
  • Gross Scheduled Income: $28,000
  • Insurance Expense: $1,200
  • Net Operating Income: $24,000
  • Other Expenses: $0
  • Total Monthly Income: 0
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 1548.0
  • Leasable Area Units: Square Feet

Property History for 8602 Lake Street Southwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8602 Lake Street Southwest

Taxable ValueLand$134,200Additions$223,100Total$357,300
Tax Record2024$3,930 ($328 / month)
Home Facts
Total Finished SqFt1,548 SqFtAbove Ground SqFt1,548 SqFtStories1Lot Size6,038 SqFtStyleDuplexYear Built1947Year Renovated1972ZoningMF2CountyPIERCEAPN2200003560Fireplace TypeHas Fireplace

Schools near 8602 Lake Street Southwest

This home is within Clover Park School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 12
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Tillicum Elementary School
PublicPK to 5

Special Education Services/Relife
PublicPK to 12

Clover Park High School
Public9 to 12

Woodbrook Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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8602 Lake Street Southwest is a multi-family home for sale in Lakewood, WA 98498. This property was listed for sale on June 21, 2024 by eXp Realty, it's currently listed at $449,999. It has been on the market for a total of 179 days and was last sold on December 15, 2006. This listing's school district is Clover Park School District. Nearby schools include Tillicum Elementary School, Special Education Services/Relife and Clover Park High School. 8602 Lake Street Southwest is a 0-bed, 0-bath, 1,548 sqft multi-family home built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.