2 months on rocket

8604 Terrace Rd SW, Lakewood, WA, 98498

$649,950

Home List Price

$7,718*

Closing Credit

0 Baths
2,604 SqFt
$250/SqFt
House
Schools Nearby

Location

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8604 Terrace Rd SW, Lakewood$649,950

Buyer Closing Credits

$7,718*

1.25% Loan Amount

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Property Highlights

ParkingRV Parking
Year Built1958
ViewTerritorial
MLS #2202235
Lot Size0.25 Acres
StatusActive

About 8604 Terrace Rd SW

Don't miss this prime investment opportunity in the heart of Lakewood! Unit #8602, a 2-bed, 1-bath, is recently updated with newer granite countertops, cabinets, windows, interior/exterior paint, and bathroom upgrades. The 954 sf garage has been converted into a third unit featuring 1 bed, 1 bath, a kitchen, and an upgraded bathroom, presenting an excellent opportunity for additional rental income. #8604, a 2-bed, 1-bath, has updates with newer granite countertops and more. The property includes an expansive fenced backyard with two storage units: one of them is insulated and heated, suitable for an office or possible extra bedroom. You'll find RV parking in the backyard & potential for an ADU up to 1000sf. Buyer to verify all information.

Property Details

Property Features

Property Information:

  • Year Built: 1958
  • Stories: 1
  • Living Area: 2,604 SqFt

Listing Office:

  • Office Name: Redfin
  • Listing Agent: Macartney McQuery

Interior Features

Interior Information:

  • Flooring Type: Hardwood, Laminate, Vinyl Plank, Carpet
  • Interior: Hardwood, Laminate, Wall to Wall Carpet

Exterior Features

Exterior Information:

  • View: Territorial
  • Exterior: Brick, Cement/Concrete

Parking Information:

  • Parking: RV Parking

Virtual/3D Tour

  • 3D Tour: 8604 Terrace Rd SW

3D Tour

Lot Features

Lot Information:

  • Lot: Paved
  • Lot Size: 0.25 Acres

School Info

Assigned Schools Information:

  • Lakes High School, Public District Grades 9-12
  • Harrison Preparatory School, Public District Grades 5-12
  • Hudtloff Middle School, Public District Grades 6-8
  • Custer Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From I-5, take Bridgeport Way exit heading west, left on Steilacoom Blvd, continue onto Ardmore, slight left at 88th, continue onto Steilacoom Blvd, left on Terrace Rd, home on right

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,950
  • Price Per SqFt: $250/SqFt
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Housing Market Comparison

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

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Lakewood, WA

City

Med. Sold Price

$493.1K

Med. Price/SqFt

$302

Avg. Days On Market

39

# of Sold Homes

39

8604 Terrace Rd SW vs Lakewood

68 DAYS ON ROCKET

+29 Days

$649,950

+$156.8K More

$250/SqFt

-$52 Less

KEY TAKEAWAY

This property is $156.8K more than the Median Sold Price and $52/SqFt less than other homes in Lakewood, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2202235

Listing Office:

  • Office Name: Redfin
  • Listing Agent: Macartney McQuery

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: 4/30/2024, 2:47:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-3610644
3
/10

  • Custer Elementary School

  • 7801 Steilacoom Blvd SW

  • 0.48 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3610645
6
/10

  • Hudtloff Middle School

  • 8102 Phillips Rd SW

  • 0.67 miles

  • Public District Grades 6-8

High School

school-card-donut-3610646
5
/10

  • Lakes High School

  • 10320 Farwest Dr SW

  • 1.67 miles

  • Public District Grades 9-12

school-card-donut-3610647
6
/10

  • Harrison Preparatory School

  • 8800 121st St SW

  • 2.19 miles

  • Public District Grades 5-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,784. The most common annual income of people living in Lakewood, WA is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8604 Terrace Rd SW

What is the listing price of this property?

The listing price of 8604 Terrace Rd SW property is $649,950.

What type of property is this?

The property 8604 Terrace Rd SW is a house located in Lakewood, Washington, 98498.

Is this property for sale now?

Active Listing: 8604 Terrace Rd 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 8604 Terrace Rd SW are:
Custer Elementary School: GreatSchools Rating 3/10
Hudtloff Middle School: GreatSchools Rating 6/10
Lakes High School: GreatSchools Rating 5/10
Harrison Preparatory School: GreatSchools Rating 6/10

What is the square footage of this property?

The property 8604 Terrace Rd SW is 2,604 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8604 Terrace Rd SW is 1958.

Rocket Homes›Washington›Pierce County›Lakewood›98498›8604 Terrace Rd SW

This home is located at 8604 Terrace Rd SW in Lakewood, WA and zip code 98498. This 2,604 square foot home, which was built in 1958, sits on a 0.25 acre lot. It has been listed on Rocket Homes since February 21, 2024 and is currently priced at $649,950.

Over 13 listings were sold over their listed price in March 2024 in Lakewood, WA. In the same period over 16 listings were sold below the listed price and 10 listings were sold for the listed price. The number of listings in Lakewood, WA increased by 3.8% between February 2024 and March 2024. Listings spent 39 days on the market in March 2024, and had a median list price of $493,125 during the same period.

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

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