NEW PRICE! Bring your tool belt and vision! You found the perfect investment property and development opportunity in a prime location situated to nearby schools, shopping, parks + everything convenient. Property includes 2 tax parcels for a total of 1.13 level acres. The upside is the parcels are Zoned MR2 with potential to build a 14.6 unit Duplex or optional Tri-Plex structure community. This charming main home features 2 bedrooms, Den/Office, 2 baths (1 upper level) and is situated on private, quiet acreage calling for a creative remodel or build your Dream Home! Tons of potential - Bring your creativity and realize your return on your investment in no time. Location, Location, Location!
Sold
Listed by:
Gretchen L Allen,
RE/MAX Northwest
Bought with: RE/MAX Northwest
$337,500
7919 Custer Road W, Lakewood, WA 98498
2beds
1,042sqft
Single Family Residence
Built in 1939
1.13 Acres Lot
$440,400 Zestimate®
$324/sqft
$2,413 Estimated rent
Home value
$440,400
$414,000 - $471,000
$2,413/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: March 27, 2026 at 11:01am
Listed by:
Gretchen L Allen,
RE/MAX Northwest
Bought with:
Shane Klinkhammer, 127507
RE/MAX Northwest
Source: NWMLS as distributed by MLS GRID,MLS#: 2126264
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
Bathroom full
- Level: Main
Entry hall
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, Forced Air, Electric
Cooling
- Forced Air
Appliances
- Included: Refrigerator, StoveRange, Water Heater: Electric, Water Heater Location: Laundry Room
Features
- Ceiling Fan(s)
- Flooring: Ceramic Tile, Vinyl, Carpet
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Electric, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,042
- Total interior livable area: 1,042 sqft
Property
Parking
- Total spaces: 1
- Parking features: RV Parking, Driveway, Detached Garage
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Ceiling Fan(s), Fireplace, Water Heater
- Has view: Yes
- View description: Territorial
Lot
- Size: 1.13 Acres
- Features: Open Lot, Secluded, Sidewalk, Value In Land, Fenced-Partially, High Speed Internet, RV Parking
- Topography: Level
- Residential vegetation: Brush, Garden Space
Details
- Parcel number: 6940000060
- Zoning: MR2
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Cement Planked, Cement Plank
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Fair
- Year built: 1939
- Major remodel year: 1968
Utilities & green energy
- Electric: Company: City of Lakewood
- Sewer: Sewer Connected, Company: City of Lakewood
- Water: Public, Company: City of Lakewood
Community & neighborhood
Location
- Region: Lakewood
- Subdivision: Lakewood
Other
Other facts
- Listing terms: Conventional
- Cumulative days on market: 278 days
Price history
| Date | Event | Price |
|---|---|---|
| 1/8/2024 | Sold | $337,500-38.6%$324/sqft |
Source:  NWMLS as distributed by MLS GRID #2126264 Report a problem | ||
| 11/20/2023 | Pending sale | $550,000$528/sqft |
Source: NWMLS as distributed by MLS GRID #2126264 Report a problem | ||
| 10/16/2023 | Price change | $550,000-15.4%$528/sqft |
Source: NWMLS as distributed by MLS GRID #2127397 Report a problem | ||
| 9/28/2023 | Listed for sale | $650,000$624/sqft |
Source: NWMLS as distributed by MLS GRID #2126264 Report a problem | ||
| 9/24/2023 | Pending sale | $650,000$624/sqft |
Source: NWMLS as distributed by MLS GRID #2126264 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,087 +105.6% | $389,500 +6.6% |
| 2023 | $1,988 -50.3% | $365,500 -4.8% |
| 2022 | $3,996 +3.6% | $384,000 +17.1% |
Find assessor info on the county website
Neighborhood: Dower
Nearby schools
GreatSchools rating
- 3/10Dower Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 2/10Lochburn Middle SchoolGrades: 6-8Distance: 0.6 mi
- 5/10Harrison Preparatory SchoolGrades: 6-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Dower Elem
- Middle: Lochburn Mid
- High: Clover Park High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$440,400
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
$440,400
- Washington
- Pierce County
- Lakewood
- 98499
- Dower
- 7919 Custer Road W