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5407 111th St

Lakewood, WA 98499

3 bd 1 ba 960 sqft Built 1955 Lot 15,000 sqft single_family
Most recent sale
$300,000
Oct 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 11, 2022 Sold $300,000 MLS #1993779
Sep 16, 2022 Price changed $300,000 MLS #1993779
Sep 9, 2022 Listed $325,000 MLS #1993779
Sep 8, 2022 Listed $325,000 MLS #1989310

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $115,400 $238,400 $353,800 $3,955
2025 $115,400 $238,400 $353,800 $3,707
2024 $90,100 $225,000 $315,100 $3,447
2023 $143,900 $225,000 $368,900 $3,844
2022 $117,100 $173,800 $290,900 $3,438
2021 $117,100 $173,800 $290,900 $3,218
2020 $107,600 $136,600 $244,200 $3,077
2019 $105,700 $119,500 $225,200 $2,448
2018 $96,200 $105,000 $201,200 $2,639
2017 $91,900 $85,000 $176,900 $2,273
2016 $83,600 $62,500 $146,100 $2,047
2015 $76,800 $53,400 $130,200 $2,024
2014 $73,700 $51,700 $125,400 $2,040
2013 $70,200 $51,700 $121,900 $1,654
2012 $63,200 $39,400 $102,600 $2,040
2011 $69,100 $68,500 $137,600 $2,107
2010 $68,000 $82,200 $150,200 $1,994
2008 $73,100 $106,200 $179,300 $2,267
2007 $74,400 $111,300 $185,700 $2,168

Property facts

Year built
1955
Property type
single_family
Stories
Beds
3
Baths
1
Living area
960 sqft
Lot size
15,000 sqft
ZIP code
98499
City
Lakewood
Street
111th St
Coordinates
47.15701, -122.50899

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,208
Gross rental yield
8.83%
Implied cap rate
5.74%
Trend-extrapolated value

Frequently asked questions

When did 5407 111th St last sell?
5407 111th St most recently sold on Oct 11, 2022 for $300,000.
What is the current tax assessment for 5407 111th St?
The most recent total assessment for 5407 111th St (year 2026) is $353,800 with $3,955 in property tax.
How does 5407 111th St's assessment compare to its last sale price?
The current assessment is 17.9% above the last sale price of $300,000.
When was 5407 111th St built?
5407 111th St was built in 1955.
How does 5407 111th St compare to others on 111th St?
We track 8 other properties on 111th St. Browse the list under "Other properties on 111th St" to compare beds, baths, and sale history.
What are the property facts for 5407 111th St?
5407 111th St is a 3 bed, 1 bath, 960 sqft, 15,000 sqft lot single_family.
Is 5407 111th St a flip candidate?
No — 5407 111th St does not appear in our flips dataset.
Is 5407 111th St a tax-appeal candidate?
Yes — 5407 111th St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.5%
Implied 1-yr
-10.0%
2026 Q3
$571K
2026 Q4
$554K
ZIP 98499 — Median Price History + Forecast

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