8608 116th St
Lakewood, WA 98498
3 bd 2 ba 1,544 sqft Built 1974 Lot 9,000 sqft single_family
Most recent sale
$375,000
Sep 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 9, 2022 | Sold | $375,000 | MLS #1984603 |
| Aug 21, 2022 | Listed | $365,000 | MLS #1984603 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $266,700 | $192,400 | $459,100 | $5,044 |
| 2025 | $266,700 | $192,400 | $459,100 | $4,844 |
| 2024 | $221,700 | $192,000 | $413,700 | $4,481 |
| 2023 | $237,200 | $201,300 | $438,500 | $4,543 |
| 2022 | $213,200 | $161,100 | $374,300 | $4,384 |
| 2021 | $213,200 | $161,100 | $374,300 | $4,055 |
| 2020 | $187,000 | $123,500 | $310,500 | $3,867 |
| 2019 | $178,200 | $107,400 | $285,600 | $3,110 |
| 2018 | $167,600 | $90,900 | $258,500 | $3,359 |
| 2017 | $153,400 | $73,400 | $226,800 | $3,171 |
| 2016 | $143,200 | $62,900 | $206,100 | $2,733 |
| 2015 | $128,900 | $46,800 | $175,700 | $2,737 |
| 2014 | $127,400 | $44,100 | $171,500 | $2,585 |
| 2013 | $119,500 | $36,400 | $155,900 | $2,413 |
| 2012 | $112,900 | $39,300 | $152,200 | $2,580 |
| 2011 | $114,200 | $61,400 | $175,600 | $2,624 |
| 2010 | $114,900 | $73,700 | $188,600 | $2,609 |
| 2008 | $115,900 | $108,000 | $223,900 | $2,773 |
| 2007 | $120,700 | $108,000 | $228,700 | $2,553 |
Property facts
Year built
1974
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,544 sqft
Lot size
9,000 sqft
ZIP code
98498
City
Lakewood
Street
116th St
Coordinates
47.15176, -122.55206
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,551
Gross rental yield
11.36%
Implied cap rate
7.39%
Trend-extrapolated value
—
Frequently asked questions
When did 8608 116th St last sell?
8608 116th St most recently sold on Sep 9, 2022 for $375,000.
What is the current tax assessment for 8608 116th St?
The most recent total assessment for 8608 116th St (year 2026) is $459,100 with $5,044 in property tax.
How does 8608 116th St's assessment compare to its last sale price?
The current assessment is 22.4% above the last sale price of $375,000.
When was 8608 116th St built?
8608 116th St was built in 1974.
How does 8608 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 8608 116th St?
8608 116th St is a 3 bed, 2 bath, 1,544 sqft, 9,000 sqft lot single_family.
Is 8608 116th St a flip candidate?
No — 8608 116th St does not appear in our flips dataset.
Is 8608 116th St a tax-appeal candidate?
Yes — 8608 116th 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 valuationQuarterly trend
+2.6%
Implied 1-yr
+10.5%
2026 Q3
$657.8K
2026 Q4
$672.6K
ZIP 98498 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 116th St