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5421 Chicago Ave SW, Lakewood, WA, 98499

$1,600,000

Home List Price

$10,000*

Closing Credit

0 Baths
6,428 SqFt
$249/SqFt
House

Location

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5421 Chicago Ave SW, Lakewood$1,600,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Year BuiltNew Const., 2024
HeatingZoned, Other
CoolingDuctless
MLS #2310804
Lot Size0.23 Acres
StatusActive

About 5421 Chicago Ave SW

4-Plex for sale! Townhouse style new construction. Live in one unit, and rent out the other 3! This building could also be converted into condos and sold separately. Spacious floorplans, high ceilings, functional layout with modernized open concept living. Buyer able to obtain 30 year fixed rate, this qualifies as a residential loan. Units feature waterproof LVP flooring, quartz counters throughout kitchen/bathrooms, Ductless HP mini split units for heating/ac as well as wall heaters. Separated backyards for each unit. Numbers provided on rent are estimated based on comparables in area.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Stories: 3
  • Living Area: 6,428 SqFt

Listing Office:

  • Office Name: Keller Williams Rty Tacoma
  • Office Phone: (253) 460-8640
  • Listing Agent: Greg Stock

Interior Features

Interior Information:

  • Flooring Type: Vinyl, Vinyl Plank, Carpet
  • Interior: Wall to Wall Carpet

Exterior Features

Exterior Information:

  • Exterior: Cement/Concrete

Lot Features

Lot Information:

  • Lot: Curbs, Paved, Sidewalk
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Zoned, Other
  • Cooling: Ductless

Other

Directions Information:

  • Directions: From I-5 south take Bridgeport Way exit and take left, right on True Lane, right on San Francisco Ave, left on Lincoln Ave, right on Chicago Ave, property on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,600,000
  • Price Per SqFt: $249/SqFt

Tax Information:

  • Annual Amount: $1,195
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lakewood, WA.

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Lakewood, WA

City

Med. Sold Price

$510K

Med. Price/SqFt

$305

Avg. Days On Market

46

# of Sold Homes

39

5421 Chicago Ave SW vs Lakewood

33 DAYS ON ROCKET

-13 Days

$1,600,000

+$1.0M More

$249/SqFt

-$57 Less

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $57/SqFt less than other homes in Lakewood, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2310804

Listing Office:

  • Office Name: Keller Williams Rty Tacoma
  • Office Phone: (253) 460-8640
  • Listing Agent: Greg Stock

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: 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

Jun 29, 2020Home Sold
$101,000
Apr 22, 2016Home Sold
$25,000
Dec 08, 2011Home Sold
$17,500
Mar 13, 2006Home Sold
$128,000
Jul 19, 2004Home Sold
$399,950
Jul 19, 2004Home Sold
$399,950
Dec 30, 1999Home Sold
$41,412
Jun 27, 1996Home Sold
$46,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,195$93,800
2020$894$93,800
2018$733$62,100
2017$733$44,900

History based on county public records data.

Payment Calculator

$8,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,863

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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-4345076
3
/10

  • Tyee Park Elementary School

  • 11920 Seminole Rd SW

  • 0.44 miles

  • Public District Grades KG-5

school-card-donut-4345077
6
/10

  • Carter Lake Elementary School

  • 3420 Lincoln Blvd SW

  • 1.13 miles

  • Public District Grades KG-5

school-card-donut-4345078
4
/10

  • Lakeview Hope Academy

  • 10501 47th Ave SW

  • 1.37 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 $22,860. Most Lakewood, WA residents have annual incomes less than $35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5421 Chicago Ave SW

What is the listing price of this property?

The listing price of 5421 Chicago Ave SW property is $1,600,000.

What type of property is this?

The property 5421 Chicago Ave SW is a house located in Lakewood, Washington, 98499.

Is this property for sale now?

Active Listing: 5421 Chicago Ave 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 $1,195 (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 29, 2020 for $101,000. (source: MLS/tax record).

What is the square footage of this property?

The property 5421 Chicago Ave SW is 6,428 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5421 Chicago Ave SW is 2024.

Rocket Homes›Washington›Pierce County›Lakewood›98499›5421 Chicago Ave SW

This home is located at 5421 Chicago Ave SW in Lakewood, WA and zip code 98499. This 6,428 square foot home, which was built in 2024, sits on a 0.23 acre lot. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $1,600,000.

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. The number of listings in Lakewood, WA decreased by 11.1% between October 2024 and November 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.

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