8 months on rocket

4902 111th St SW, Lakewood, WA, 98499

$1,799,500

Home List Price

$10,000*

Closing Credit

0 Baths
4,584 SqFt
$393/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

4902 111th St SW, Lakewood$1,799,500

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Year Built1960
HeatingBaseboard, Other
CoolingNone
MLS #2204265
Lot Size0.44 Acres
StatusActive

About 4902 111th St SW

Location, location! Great Investment, Turnkey opportunity to purchase this great income producing 8Plex, 4,584sf building, 19,200sf Parcel; 2 2BR & 6 1BR Apart, Zone C1, located in the heart of Lakewood, next to St. Clare Hospital. Well maintained 1-Story U-shape Brick Building, private courtyard, large playground area with fully gated fence, All the units are updated with tile, laminate, hardwood floor, gated-garbage enclosure by the street side. Current rents are much below market rent. With highly Rent demand, it has plenty of room to increase income, plus coin operated laundry. This Multi-Fam Building is on Lakewood Commercial Core, surrounding with businesses, residential developments; minutes to I5, JBLM Military Base, Towne Center.

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Stories: 1
  • Living Area: 4,584 SqFt

Listing Office:

  • Office Name: HDN Real Estate
  • Office Phone: (253) 313-9300
  • Listing Agent: Hau Nguyen

Interior Features

Interior Information:

  • Flooring Type: Ceramic Tile, Hardwood, Laminate, Carpet
  • Interior: Ceramic Tile, Hardwood, Laminate, Laminate Hardwood, Wall to Wall Carpet

Exterior Features

Exterior Information:

  • Exterior: Brick

Lot Features

Lot Information:

  • Lot Size: 0.44 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Other
  • Cooling: None

Other

Directions Information:

  • Directions: On I-5 take exit 125, Bridgeport to 111th Street, East to Property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,799,500
  • Price Per SqFt: $393/SqFt

Tax Information:

  • Annual Amount: $9,415
  • Tax Year: 2021
House and calculator

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.

Map thumbnail provided by MapBox

Lakewood, WA

City

Med. Sold Price

$510K

Med. Price/SqFt

$306

Avg. Days On Market

32

# of Sold Homes

47

4902 111th St SW vs Lakewood

260 DAYS ON ROCKET

+228 Days

$1,799,500

+$1.2M More

$393/SqFt

+$86 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $86/SqFt more than other homes in Lakewood, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2204265

Listing Office:

  • Office Name: HDN Real Estate
  • Office Phone: (253) 313-9300
  • Listing Agent: Hau Nguyen

IDX 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.

IDXThe data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.

DMCA Notice

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: 11/17/2024, 11:17:47 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

Mar 31, 2016Home Sold
$425,000
Jun 06, 1990Home Sold
$161,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,415$711,300
2020$8,938$711,300
2018$6,120$542,500
2017$6,121$405,400

History based on county public records data.

Payment Calculator

$9,049

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,462

Powered By

Rocket Mortgage

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.

Nearby Schools

school-card-donut-446872
4
/10

  • Lakeview Hope Academy

  • 10501 47th Ave SW

  • 0.40 miles

  • Public District Grades KG-5

school-card-donut-446873
3
/10

  • Tyee Park Elementary School

  • 11920 Seminole Rd SW

  • 0.55 miles

  • Public District Grades KG-5

school-card-donut-446874
2
/10

  • Park Lodge Elementary School

  • 6300 100th St SW

  • 1.11 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,156. Typical income of Lakewood, WA residents is less than $35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4902 111th St SW

What is the listing price of this property?

The listing price of 4902 111th St SW property is $1,799,500.

What type of property is this?

The property 4902 111th St SW is a house located in Lakewood, Washington, 98499.

Is this property for sale now?

Active Listing: 4902 111th St 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 $9,415 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 31, 2016 for $425,000. (source: MLS/tax record).

What is the square footage of this property?

The property 4902 111th St SW is 4,584 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4902 111th St SW is 1960.

Rocket Homes›Washington›Pierce County›Lakewood›98499›4902 111th St SW

This home is located at 4902 111th St SW in Lakewood, WA and zip code 98499 in the Lake View neighborhood. This 4,584 square foot home, which was built in 1960, sits on a 0.44 acre lot. It has been listed on Rocket Homes since March 01, 2024 and is currently priced at $1,799,500.

In October 2024 more than 17 listings in Lakewood, WA were sold above the asking price. During the same period more than 14 listings were sold at asking price, while more than 16 were sold below. The inventory of homes for sale in Lakewood, WA between September 2024 and October 2024 decreased by 1.9%. In October 2024, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $510,000.

From Rocket Homes Real Estate and based on county public records data.

More Resources