8818 Shepard Way
Lacey, WA 98516
4 bd 3 ba 2,785 sqft Built 2016 Lot 3,844 sqft single_family
Most recent sale
$650,000
May 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 13, 2025 | Sold | $689,900 | NWMLS |
| Dec 18, 2024 | Price changed | $689,900 | NWMLS |
| Dec 5, 2024 | Price changed | $697,400 | NWMLS |
| Oct 29, 2024 | Price changed | $704,900 | NWMLS |
| Aug 27, 2024 | Price changed | $712,400 | NWMLS |
| Aug 2, 2024 | Listed | $719,000 | NWMLS |
| May 5, 2022 | Sold | $650,000 | MLS #1913723 |
| Apr 8, 2022 | Listed | $645,000 | MLS #1913723 |
| Oct 31, 2016 | Sold | $379,187 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $459,900 | $204,500 | $664,400 | $6,885 |
| 2025 | $459,900 | $204,500 | $664,400 | $6,700 |
| 2024 | $421,900 | $184,200 | $606,100 | $5,792 |
| 2022 | $500,300 | $114,200 | $614,500 | $5,955 |
| 2021 | $346,800 | $91,700 | $438,500 | $5,473 |
| 2020 | $320,100 | $127,500 | $447,600 | $5,377 |
| 2019 | $329,500 | $111,600 | $441,100 | $4,819 |
| 2018 | $304,300 | $104,500 | $408,800 | $5,486 |
| 2017 | $58,300 | $92,500 | $150,800 | $1,925 |
| 2016 | — | $93,200 | $93,200 | $1,065 |
| 2015 | — | $17,750 | $17,750 | $231 |
Property facts
Year built
2016
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,785 sqft
Lot size
3,844 sqft
ZIP code
98516
City
Lacey
Street
Shepard Way
Coordinates
47.09394, -122.75302
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,406
Gross rental yield
11.83%
Implied cap rate
7.69%
Trend-extrapolated value
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Frequently asked questions
When did 8818 Shepard Way last sell?
8818 Shepard Way most recently sold on May 5, 2022 for $650,000.
What is the current tax assessment for 8818 Shepard Way?
The most recent total assessment for 8818 Shepard Way (year 2026) is $664,400 with $6,885 in property tax.
How does 8818 Shepard Way's assessment compare to its last sale price?
The current assessment is 2.2% above the last sale price of $650,000.
When was 8818 Shepard Way built?
8818 Shepard Way was built in 2016.
How does 8818 Shepard Way compare to others on Shepard Way?
We track 8 other properties on Shepard Way. Browse the list under "Other properties on Shepard Way" to compare beds, baths, and sale history.
What are the property facts for 8818 Shepard Way?
8818 Shepard Way is a 4 bed, 3 bath, 2,785 sqft, 3,844 sqft lot single_family.
Is 8818 Shepard Way a flip candidate?
No — 8818 Shepard Way does not appear in our flips dataset.
Is 8818 Shepard Way a tax-appeal candidate?
No — 8818 Shepard Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.1%
Implied 1-yr
+0.2%
2026 Q3
$633.3K
2026 Q4
$633.6K
ZIP 98516 — Median Price History + Forecast
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Geography
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