Sold
Last Sold Price
50,210 sqft

8416 Phillips Rd SW, Lakewood, WA 98498

Multi FamilyProperty Type
2.99 acresLot Size
1969Year Built
$82/sq ftPrice per sq ft
96 carsParking Spaces

Description

62 unit complex, 1,2,and 3 bedroom units. Most of the interiors have been renovated. On site laundry, swimming pool, beautiful park like grounds, recreation room. New in 2003, roofs, exterior paint, fencing, windows, entry doors and pool equipment. Great location.62 unit complex, 1,2,and 3 bedroom units. Most of the interiors have been renovated. On site laundry, swimming pool, beautiful park like grounds, recreation room. New in 2003, roofs, exterior paint, fencing, windows, entry doors and pool equipment. Great location.
  • Listed by: Suzanne Smith 253.284.9100 TheBarefootRanch@gmail.com • RE/MAX Professionals
Listing closed: 11/28/2006 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 26005222
See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Recent comparable sales

Median sold price

$2,800,000

Lakewood, WA

9 comparable properties found

1

$9,162,500

Sold 12/20/24

Unavailable
Bedrooms
Unavailable
Bathrooms
48,052
Square Feet
2.49
Acres
2

$3,700,000

Sold 01/27/26

Unavailable
Bedrooms
Unavailable
Bathrooms
18,286
Square Feet
Unavailable
Acres
3

$4,500,000

Sold 05/26/26

Unavailable
Bedrooms
Unavailable
Bathrooms
1,029
Square Feet
Unavailable
Acres
4

$2,800,000

Sold 12/02/24

Unavailable
Bedrooms
Unavailable
Bathrooms
10,584
Square Feet
0.63
Acres
5

$175,000

Sold 01/02/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.14
Acres
6

$175,000

Sold 01/02/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.19
Acres
7

$160,000

Sold 08/27/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.17
Acres
8

$7,737,000

Sold 11/14/24

Unavailable
Bedrooms
Unavailable
Bathrooms
31,429
Square Feet
1.28
Acres
9

$1,855,000

Sold 10/08/25

Unavailable
Bedrooms
Unavailable
Bathrooms
7,296
Square Feet
0.72
Acres

Location

Listing Courtesy of RE/MAX Professionals

Sold By RE/MAX Four Seasons

Add your commute
Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$21,861 per month

30 year fixed, 7.03% Interest

Principal and Interest

$21,861

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.
Know your buying power with a preapproval and custom rate in minutes
Rocket Mortgage1

Property Information for 8416 Phillips Road Southwest

Property Details

  • MLS Type: Residential Income
  • Community Name: Chambers Creek
  • School District: Clover Park
  • Number of Assigned Spaces: 96
  • Total Covered Parking: 0
  • Entry Date: 01-10-2006
  • Sewer: Sewer Connected

Building Information

  • Stories: 2
  • Residences: 6
  • Year Built: 1969
  • Lot Size: 2.99 AC / 130,244 SF

Summary

Location and General Information
  • Style: 56 - 10+ Units
  • Site Features: Cabana/Gazebo, Cable TV, Deck, Disabled Access, Patio
  • Area: 33 - University Place
  • Directions: from Steilacoom Blvd N on Phillips Rd. buildings on the left.
  • Leased Items: Washer/Dryer
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 0
  • Legal Description: at listng office
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 96.0
  • Open Parking: Yes

Interior and Exterior Features

Bedroom Information
  • Bedrooms Possible: 0
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl, Carpet
  • Features: Forced Air, Wall to Wall Carpet
  • Amenities: Coin Op Laundry
  • Fireplace: No
  • Heating: Yes
Exterior Features
  • Exterior: Wood
  • Roof: Flat
  • Pool: In Ground
  • Pool Type: In-Ground

Property

Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: PSE
  • Sewer Company: Pierce County
  • Water Company: Lakewood Water
  • Power Production Type: Electric
  • Utilities: Cable Connected, Sewer Connected, Electric
Property and Assessments
  • Zoning Class: Multi-Family
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Photos Count: 1
Lot Information
  • Parcel Number Free Text: 0220342016
  • Building Condition: Good
  • Calculated Square Footage: 50210
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 50210.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No

Multi Family

Building Details
  • Number of Uncovered Spaces: 96
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 6
  • Units Below Grade: false
  • Units In Building Total: 62
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 0
  • Gross Adjusted Income: 0
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $0
  • Insurance Expense: $0
  • Net Operating Income: $0
  • Other Expenses: $0
  • Total Monthly Income: 0
  • Fuel Expense: $0

Rental

Rent Information
  • Occupant Type: Owner
  • Leasable Area: 50210.0
  • Leasable Area Units: Square Feet

Property History for 8416 Phillips Road Southwest

DateEvent & SourcePriceAppreciation
Nov 28, 2006

Sold

NWMLS #26005222

$4,095,000—
Nov 7, 2006

Pending

NWMLS #26005222

—
Jan 10, 2006

Listed (Active)

NWMLS #26005222

$3,995,000—
DateEvent & SourcePrice
11/28/2006

Sold

NWMLS #26005222

$4,095,000
11/07/2006

Pending

NWMLS #26005222

—
01/10/2006

Listed (Active)

NWMLS #26005222

$3,995,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 8416 Phillips Road Southwest

This home is within Clover Park School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Custer Elementary School
PublicPK to 5

Hudtloff Middle School
Public6 to 8

Lakes High School
Public9 to 12

Oak Grove
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 98498

$465,000 | 9015 Forest Avenue Southwest, Lakewood, WA 98498
1/26
Open: 10/10 12:00PM - 03:00PMNew

$465,000

3
Bedrooms
1,345
Square Feet
0.19
Acres
$219,950 | 7501 Ruby Drive Southwest, Unit G203, Lakewood, WA 98498
1/14
New

$219,950

1
Bedrooms
843
Square Feet
$519,000 | 10313 97th Street Southwest, Lakewood, WA 98498
1/40
New

$519,000

4
Bedrooms
1,492
Square Feet
0.19
Acres
$715,000 | 12403-12405 Edgewood Avenue Southwest, Lakewood, WA 98498
1/3
New

$715,000

6
Bedrooms
3
Bathrooms
2,496
Square Feet
0.15
Acres
$464,997 | 9315 121st Street Southwest, Lakewood, WA 98498
1/24
New

$464,997

3
Bedrooms
990
Square Feet
0.28
Acres
$495,000 | 8629 108th Street Southwest, Lakewood, WA 98498
1/32
New

$495,000

3
Bedrooms
2,020
Square Feet
0.24
Acres
$450,000 | 8102 Oakridge Drive Southwest, Lakewood, WA 98498
1/40

$450,000

3
Bedrooms
1,092
Square Feet
0.20
Acres
$449,950 | 11415 Holden Road Southwest, Lakewood, WA 98498
1/11

$449,950

3
Bedrooms
1,512
Square Feet
0.22
Acres
$569,000 | 7121 Citrine Lane Southwest, Lakewood, WA 98498
1/21

$569,000

3
Bedrooms
2,134
Square Feet
0.26
Acres

Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Professionals

Based on information submitted to the MLS GRID as of 09/05/2024 05:09 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.