6 months on rocket

10211 47th Ave SW, Lakewood, WA, 98499

$3,000,000

0 Baths
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Year Built1980
MLS #2171996
Lot Size0.63 Acres
StatusActive

About 10211 47th Ave SW

RARE ASSUMABLE DEBT OPPORTUNITY in excellent renters market, Kidder Mathews is pleased to have the exclusive listing for the Freeport Apartments. A truly unique assumable debt offering, Freeport sits in the heart of Lakewood and is well positioned to offer new ownership immediate cashflow. Built in 1980, Freeport holds 14-spacious 766 SF 2-bedroom homes situated less than two miles from Interstate – 5. This transit oriented community rests on 0.63 acres of land comprised of one building, ample surface parking and mature vegetation. With over 78% of units unrenovated, investors will find immense value in interior upgrades and implementation of washer/dry add ins.

Property Details

Property Features

Property Information:

  • Year Built: 1980
  • Stories: 2

Listing Office:

  • Office Name: Kidder Mathews
  • Listing Agent: David A. Kelley

Interior Features

Interior Information:

  • Flooring Type: Vinyl Plank

Exterior Features

Exterior Information:

  • Exterior: Wood Products

Lot Features

Lot Information:

  • Lot Size: 0.63 Acres

School Info

Assigned Schools Information:

  • Clover Park High School, Public District Grades 9-12
  • Harrison Preparatory School, Public District Grades 5-12
  • Lochburn Middle School, Public District Grades 6-8
  • Lakeview Hope Academy, Public District Grades PK-5

Other

Directions Information:

  • Directions: Continue to I-705 S // Take I-5 S to WA-512 W in Lakewood. Take exit 127 from I-5 S // Take 100th St SW to your destination

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,000,000

Tax Information:

  • Annual Amount: $19,730
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$493.1K

Med. Price/SqFt

$302

Avg. Days On Market

39

# of Sold Homes

39

10211 47th Ave SW vs Lakewood

196 DAYS ON ROCKET

+157 Days

$3,000,000

+$2.5M More

KEY TAKEAWAY

This property is $2.5M more than the Median Sold Price in Lakewood, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2171996

Listing Office:

  • Office Name: Kidder Mathews
  • Listing Agent: David A. Kelley

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: 4/29/2024, 1:17:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 17, 2019Home Sold
$1,751,500

Tax History

YEARPROP. TAXASSESSMENT
2021$19,730$1,501,600
2020$18,758$1,501,600
2018$14,878$1,147,300
2017$14,878$997,600

History based on county public records data.

Payment Calculator

$15K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,061

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NMLS#3030

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.

Elementary School

school-card-donut-3125689
4
/10
  • Lakeview Hope Academy

  • 10501 47th Ave SW

  • 0.21 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3125690
3
/10
  • Lochburn Middle School

  • 5431 Steilacoom Blvd SW

  • 1.16 miles

  • Public District Grades 6-8

High School

school-card-donut-3125691
2
/10
  • Clover Park High School

  • 11023 Gravelly Lake Dr SW

  • 1.05 miles

  • Public District Grades 9-12

school-card-donut-3125692
6
/10
  • Harrison Preparatory School

  • 8800 121st St SW

  • 2.83 miles

  • Public District Grades 5-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,214. The most common annual income of people living in Lakewood, WA is less than $35k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 10211 47th Ave SW

What is the listing price of this property?

The listing price of 10211 47th Ave SW property is $3,000,000.

What type of property is this?

The property 10211 47th Ave SW is a house located in Lakewood, Washington, 98499.

Is this property for sale now?

Active Listing: 10211 47th Ave SW is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 10211 47th Ave SW are:
Lakeview Hope Academy: GreatSchools Rating 4/10
Lochburn Middle School: GreatSchools Rating 3/10
Clover Park High School: GreatSchools Rating 2/10
Harrison Preparatory School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $19,730 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 17, 2019 for $1,751,500. (source: MLS/tax record).

What is the square footage of this property?

The sq. ft. of 10211 47th Ave SW is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 10211 47th Ave SW is 1980.
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Rocket HomesWashingtonPierce CountyLakewood9849910211 47th Ave SW

This home is located at 10211 47th Ave SW in Lakewood, WA and zip code 98499. This home, which was built in 1980, sits on a 0.63 acre lot. It has been listed on Rocket Homes since October 16, 2023 and is currently priced at $3,000,000.

While more than 13 listings in Lakewood, WA in March 2024 were sold above asking price, there were more than 10 listings sold at asking price, and more than 16 were sold below. The number of listings in Lakewood, WA increased by 3.8% between February 2024 and March 2024. In March 2024, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $493,125.

From Rocket Homes Real Estate and based on county public records data.

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