Sold
Last Sold Price
7,392 sqft
8509 Meadow Rd SW, Lakewood, WA 98499
Multi FamilyProperty Type
0.98 acresLot Size
1968Year Built
$74/sq ftPrice per sq ft
15 carsParking Spaces

Description

Clean, well maintained 10 unit apartment building. 5 1 bed. 1 bath and 5 2 bed. 1 bath apartments. The 5 1 bedroom units each have a carport. Off road parking. Desirable neighborhood, close to everything. Long term tenants. Rent is below market value.Clean, well maintained 10 unit apartment building. 5 1 bed. 1 bath and 5 2 bed. 1 bath apartments. The 5 1 bedroom units each have a carport. Off road parking. Desirable neighborhood, close to everything. Long term tenants. Rent is below market value.
  • Listed by: Michael Hinz 253.582.6111 mhinz@haroldallen.com • ALLEN Realtors
Listing closed: 12/30/2016 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 1008638

Recent comparable sales

Median sold price

$830,000

Avg days on market

51

Sale-to-list ratio

93.2%

Lakewood, WA

9 comparable properties found

$500,000 | 8626 72nd Ave Court Southwest, Lakewood, WA 98499
1/25
1

$500,000

Sold 06/27/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,208
Square Feet
0.12
Acres
$511,773 | 9821 Dekoven Drive Southwest, Unit A & B, Lakewood, WA 98499
1/37
2

$511,773

Sold 06/10/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,844
Square Feet
0.22
Acres
a view of a house with a outdoor space and garage
1/24
3

$580,000

Sold 06/24/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,628
Square Feet
0.26
Acres
a house with trees in the background
1/26
4

$679,950

Sold 12/03/24

Unavailable
Bedrooms
Unavailable
Bathrooms
3,136
Square Feet
0.31
Acres
a car parked in garage of a building
1/7
5

$1,500,000

Sold 10/28/24

Unavailable
Bedrooms
Unavailable
Bathrooms
5,250
Square Feet
0.29
Acres
a front view of a house with a garden and yard
1/15
6

$830,000

Sold 07/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
3,480
Square Feet
0.28
Acres
7

$1,855,000

Sold 10/08/25

Unavailable
Bedrooms
Unavailable
Bathrooms
7,296
Square Feet
0.72
Acres
8

$1,049,000

Sold 08/06/26

Unavailable
Bedrooms
Unavailable
Bathrooms
7,500
Square Feet
0.55
Acres
a front view of a house with a garden
1/9
9

$1,500,000

Sold 06/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
7,983
Square Feet
0.99
Acres

Location

Listing Courtesy of ALLEN Realtors

Sold By Hometown Advisor R/E, LLC

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Property Information for 8509 Meadow Road Southwest

Property Details
  • Taxes: $7,740 / year
  • MLS Type: Residential Income
  • Community Name: Lakewood
  • School District: Lakewood
  • Number of Assigned Spaces: 15
  • Total Covered Parking: 0
  • Entry Date: 08-02-2016
  • Sewer: Sewer Connected
Building Information
  • Stories: 1
  • Residences: 10
  • Year Built: 1968
  • Lot Size: 0.98 AC / 42,600 SF
Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Site Features: Cable TV
  • Area: 36 - Lakewood
  • Directions: From Steilacoom Blvd. go North on Meadow Rd. To building on right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2015
Parking
  • Number of Carport Spaces: 5.0
  • Carport: No
  • Open Parking Spaces: 10.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl, Carpet
  • Features: Wall to Wall Carpet
  • Fireplace: No
  • Heating: Yes
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Production Type: Electric
  • Utilities: Cable Connected, Sewer Connected, Electric
Property and Assessments
  • New Construction YN: No
  • First Right Of Refusal: false
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Photos Count: 3
Lot Information
  • Lot Details: Paved
  • Lot Size Source: Realist
  • Parcel Number Free Text: 0220352103
  • Calculated Square Footage: 7392
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 7392.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 10
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 10
  • Units Below Grade: false
  • Units In Building Total: 10
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: 5625
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 7392.0
  • Leasable Area Units: Square Feet

Property History for 8509 Meadow Road Southwest

DateEvent & SourcePriceAppreciation
Dec 30, 2016

Sold

NWMLS #1008638

$550,000
Dec 29, 2016

Sold (Public Record)

Public Record #586960725

$550,000

+2.2% / yr

Aug 18, 2016

Pending

NWMLS #1008638

DateEvent & SourcePrice
12/30/2016

Sold

NWMLS #1008638

$550,000
12/29/2016

Sold (Public Record)

Public Record #586960725

$550,000

+2.2% / yr

08/18/2016

Pending

NWMLS #1008638

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

Public Records for 8509 Meadow Road Southwest

Taxable ValueLand$648,300Additions$756,500Total$1,404,800
Tax Record2025$15,109 ($1,259 / month)
Home Facts
Total Finished SqFt6,432 SqFtAbove Ground SqFt6,432 SqFtStories1Lot Size42,600 SqFtStyleMulti-Family Dwelling (2-4)Year Built1968Year Renovated1994ZoningR4CountyPIERCEAPN022035-2-103

Schools near 8509 Meadow 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 - 6 to 12
Rating
School
Distance
Dower Elementary School
PublicPK to 5

Lochburn Middle School
Public6 to 8

Clover Park High School
Public9 to 12

Harrison Preparatory School
Public6 to 12

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.

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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 ALLEN Realtors

Based on information submitted to the MLS GRID as of 09/05/2024 05:31 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.