This charming 3-bed, 1-bath rambler in Lakewood has been a successful rental for years, making it a great addition to any investment portfolio. Living room features a cozy wood burning fireplace. Situated in a peaceful neighborhood, it offers easy access to transit, shopping, and Fort Steilacoom Park, providing both convenience and appeal. The fully fenced backyard is ideal for pets and outdoor relaxation. Whether you're looking to expand your investment strategy or find a welcoming starter home, this property is a fantastic opportunity to own in a desirable area. Home is being sold "AS IS". Don't miss out!
Sold
Listed by:
John Roof,
Redfin,
Kristie Roof,
Redfin
Bought with: Skyline Properties, Inc.
$370,000
8709 Terrace Road SW, Lakewood, WA 98498
3beds
1,260sqft
Single Family Residence
Built in 1955
7,461.83 Square Feet Lot
$368,800 Zestimate®
$294/sqft
$2,426 Estimated rent
Home value
$368,800
$343,000 - $395,000
$2,426/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: March 27, 2025 at 04:04am
Listed by:
John Roof,
Redfin,
Kristie Roof,
Redfin
Bought with:
Eric Verrastro, 134136
Skyline Properties, Inc.
Source: NWMLS,MLS#: 2322908
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Heating
- Fireplace(s), Forced Air
Cooling
- Has cooling: Yes
Appliances
- Included: Refrigerator(s), Water Heater: Electric
Features
- Flooring: Carpet
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,260
- Total interior livable area: 1,260 sqft
Property
Parking
- Parking features: Driveway
Features
- Levels: One
- Stories: 1
- Patio & porch: Fireplace, Wall to Wall Carpet, Water Heater
Lot
- Size: 7,461 sqft
- Features: Paved, Cable TV, Fenced-Fully, Patio
- Topography: Level
Details
- Parcel number: 6090000120
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1955
- Major remodel year: 1982
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Sewer Connected, Company: Pierce County Sewer
- Water: Public, Company: Lakewood Water District
Community & neighborhood
Location
- Region: Lakewood
- Subdivision: Lakewood
Other
Other facts
- Listing terms: Cash Out,Conventional,FHA
- Cumulative days on market: 68 days
Price history
| Date | Event | Price |
|---|---|---|
| 2/24/2025 | Sold | $370,000-1.3%$294/sqft |
Source:  NWMLS #2322908 | ||
| 1/26/2025 | Pending sale | $375,000$298/sqft |
Source: NWMLS #2322908 | ||
| 1/17/2025 | Listed for sale | $375,000$298/sqft |
Source: NWMLS #2322908 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,053 +9.5% | $374,800 +10.5% |
| 2023 | $3,700 -0.5% | $339,200 -4.8% |
| 2022 | $3,718 +4.7% | $356,300 +18.5% |
Find assessor info on the county website
Neighborhood: Custer
Nearby schools
GreatSchools rating
- 4/10Custer Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 2/10Hudtloff Middle SchoolGrades: 6-8Distance: 0.6 mi
- 6/10Lakes High SchoolGrades: 9-12Distance: 1.7 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$368,800
2% more+ $7,376
With Zillow Showcase(estimated)
$376,176