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8315 116th St

Lakewood, WA 98498

5 bd 2 ba 2,802 sqft Built 1964 Lot 15,246 sqft single_family
Most recent sale
$630,000
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 30, 2022 Sold $630,000 MLS #1939651
Jun 1, 2022 Listed $615,000 MLS #1939651
Oct 13, 2018 Listed $369,950 MLS #1294849
Sep 28, 2018 Sold $355,000 MLS #1294849
Sep 17, 2018 Relisted $359,000 MLS #1294849
Aug 9, 2018 Listing removed $359,000 NWMLS
Jul 21, 2018 Price changed $359,000 MLS #1294849
Jun 25, 2018 Relisted $369,950 MLS #1294849
Jun 7, 2018 Listing removed $369,950 NWMLS
May 19, 2018 Listed $369,950 MLS #1294849

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $384,500 $214,900 $599,400 $6,582
2025 $384,500 $214,900 $599,400 $6,238
2024 $342,600 $202,700 $545,300 $5,861
2023 $356,300 $210,500 $566,800 $5,831
2022 $297,100 $179,300 $476,400 $5,543
2021 $297,100 $179,300 $476,400 $5,355
2020 $269,900 $143,500 $413,400 $5,088
2019 $254,100 $124,800 $378,900 $4,164
2018 $232,400 $117,400 $349,800 $4,600
2017 $213,800 $99,000 $312,800 $4,367
2016 $203,800 $82,200 $286,000 $4,008
2015 $189,700 $70,500 $260,200 $3,934
2014 $187,700 $61,200 $248,900 $3,695
2013 $174,800 $50,300 $225,100 $3,250
2012 $159,000 $47,900 $206,900 $3,362
2011 $166,300 $64,300 $230,600 $3,382
2010 $165,600 $79,300 $244,900 $3,257
2008 $167,000 $109,200 $276,200 $3,396
2007 $172,500 $109,200 $281,700 $3,322

Property facts

Year built
1964
Property type
single_family
Stories
Beds
5
Baths
2
Living area
2,802 sqft
Lot size
15,246 sqft
ZIP code
98498
City
Lakewood
Street
116th St
Coordinates
47.15226, -122.54811

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
$6,445
Gross rental yield
12.28%
Implied cap rate
7.98%
Trend-extrapolated value

Frequently asked questions

When did 8315 116th St last sell?
8315 116th St most recently sold on Jun 30, 2022 for $630,000.
What is the current tax assessment for 8315 116th St?
The most recent total assessment for 8315 116th St (year 2026) is $599,400 with $6,582 in property tax.
How does 8315 116th St's assessment compare to its last sale price?
The current assessment is 4.9% below the last sale price of $630,000.
When was 8315 116th St built?
8315 116th St was built in 1964.
How does 8315 116th St compare to others on 116th St?
We track 8 other properties on 116th St. Browse the list under "Other properties on 116th St" to compare beds, baths, and sale history.
What are the property facts for 8315 116th St?
8315 116th St is a 5 bed, 2 bath, 2,802 sqft, 15,246 sqft lot single_family.
Is 8315 116th St a flip candidate?
No — 8315 116th St does not appear in our flips dataset.
Is 8315 116th St a tax-appeal candidate?
No — 8315 116th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.6%
Implied 1-yr
+10.5%
2026 Q3
$657.8K
2026 Q4
$672.6K
ZIP 98498 — Median Price History + Forecast

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