Commercial lot on Pacific HWY next to Sound Transit. Zoning permits commercial, business/retail (barber shop, insurance, beauty salon, restaurant) as well as multifamily development up to 28 units per City of Lakewood. Design review pending for 18 units. Utilities (water, sewer) on property from previously demolished auto shop, electricity in street. Both parcels have been combined - correct parcel number is 0219126025
Property Details
Property Features
Listing Office:
Office Name: Keller Williams Rty Tacoma
Office Phone: (253) 460-8640
Listing Agent: Inga Legkun
Lot Features
Lot Information:
Lot Size: 0.51 Acres
Other
Directions Information:
Directions: Please refer to your GPS for accurate driving directions.
Price Information
Listing Price Info
Price Summary:
List Price: $625,000
Tax Information:
Annual Amount: $3,290
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lakewood, WA.
This property is $115K more than the Median Sold Price in Lakewood, WA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: NWMLS
MLS Number: #2178469
Listing Office:
Office Name: Keller Williams Rty Tacoma
Office Phone: (253) 460-8640
Listing Agent: Inga Legkun
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 1:47:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 30, 2021
Jun 30, 2021Home Sold
$510,000
Jan 15, 1992
Jan 15, 1992Home Sold
$150,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$3,290
$231,000
2020
$3,385
$231,000
2018
$2,987
$210,000
2017
$2,988
$190,900
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,187
Per Month
Principal & Interest
$3,120
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,940
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Tyee Park Elementary School
11920 Seminole Rd SW
Distance between this listing and this school0.45 miles
Public District Grades KG-5
4
/10
Lakeview Hope Academy
10501 47th Ave SW
Distance between this listing and this school0.67 miles
Public District Grades KG-5
2
/10
Park Lodge Elementary School
6300 100th St SW
Distance between this listing and this school1.43 miles
Public District Grades KG-5
Nearby Schools
2
/10
Lochburn Middle School
5431 Steilacoom Blvd SW
Distance between this listing and this school1.96 miles
Public District Grades 6-8
2
/10
Keithley Middle School
12324 12th Ave S
Distance between this listing and this school2.28 miles
Public District Grades 6-8
3
/10
Thomas Middle School
14920 Spring St SW
Distance between this listing and this school2.76 miles
Public District Grades 6-8
Nearby Schools
3
/10
Clover Park High School
11023 Gravelly Lake Dr SW
Distance between this listing and this school1.01 miles
Public District Grades 9-12
2
/10
Cpsd Open Doors Program
11023 Gravelly Lake Dr SW
Distance between this listing and this school1.01 miles
Public District Grades 9-12
5
/10
Harrison Preperatory School
9103 Lakewood Dr SW
Distance between this listing and this school1.63 miles
The neighbors living near this home have an average income of $34,599. The majority of Lakewood, WA residents have income less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 11618 Pacific Hwy SW
What is the listing price of this property?
The listing price of 11618 Pacific Hwy SW property is $625,000.
What type of property is this?
The property 11618 Pacific Hwy SW is land located in Lakewood, Washington, 98499.
Is this property for sale now?
Active Listing: 11618 Pacific Hwy SW is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $3,290 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 30, 2021 for $510,000. (source: MLS/tax record).
How much acreage is this property?
The property 11618 Pacific Hwy SW is 0.51 acres.
Interested in 11618 Pacific Hwy SW? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 11618 Pacific Hwy SW in Lakewood, WA and zip code 98499. This home sits on a 0.51 acre lot. It has been listed on Rocket Homes since November 09, 2023 and is currently priced at $625,000.
Lakewood, WA housing market in November 2024 saw over 10 listings sold above listed price, more than 16 sold at listed price and over 13 sold below. In November 2024 in Lakewood, WA there were 11.1% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $510,000, while the average time on the real estate market was 46 days.
From Rocket Homes Real Estate and based on county public records data.