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5623 120th St

Lakewood, WA 98499

3 bd 2 ba 1,677 sqft Built 1969 Lot 16,500 sqft single_family
Most recent sale
$563,000
Nov 24, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 24, 2021 Sold $563,000 MLS #1859940
Nov 2, 2021 Listed $484,950 MLS #1859940
Mar 28, 2017 Sold $325,000 MLS #1081522
Feb 25, 2017 Listed $325,000 MLS #1081522

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $289,900 $253,100 $543,000 $5,918
2025 $289,900 $253,100 $543,000 $5,423
2024 $241,700 $223,200 $464,900 $5,018
2023 $251,600 $223,200 $474,800 $4,907
2022 $217,400 $200,900 $418,300 $4,884
2021 $217,400 $200,900 $418,300 $4,433
2020 $188,900 $151,500 $340,400 $4,389
2019 $185,200 $140,300 $325,500 $3,600
2018 $187,300 $113,700 $301,000 $3,551
2017 $152,200 $87,900 $240,100 $3,478
2016 $159,400 $67,200 $226,600 $2,938
2015 $137,600 $51,700 $189,300 $2,981
2014 $135,600 $51,700 $187,300 $2,928
2013 $125,600 $51,700 $177,300 $3,175
2012 $143,700 $58,300 $202,000 $3,177
2011 $146,900 $70,700 $217,600 $3,379
2010 $156,300 $88,400 $244,700 $3,273
2008 $157,200 $132,600 $289,800 $3,565
2007 $158,200 $137,900 $296,100 $3,221

Property facts

Year built
1969
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,677 sqft
Lot size
16,500 sqft
ZIP code
98499
City
Lakewood
Street
120th St
Coordinates
47.14929, -122.51169

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,857
Gross rental yield
8.22%
Implied cap rate
5.34%
Trend-extrapolated value

Frequently asked questions

When did 5623 120th St last sell?
5623 120th St most recently sold on Nov 24, 2021 for $563,000.
What is the current tax assessment for 5623 120th St?
The most recent total assessment for 5623 120th St (year 2026) is $543,000 with $5,918 in property tax.
How does 5623 120th St's assessment compare to its last sale price?
The current assessment is 3.6% below the last sale price of $563,000.
When was 5623 120th St built?
5623 120th St was built in 1969.
How does 5623 120th St compare to others on 120th St?
We track 8 other properties on 120th St. Browse the list under "Other properties on 120th St" to compare beds, baths, and sale history.
What are the property facts for 5623 120th St?
5623 120th St is a 3 bed, 2 bath, 1,677 sqft, 16,500 sqft lot single_family.
Is 5623 120th St a flip candidate?
No — 5623 120th St does not appear in our flips dataset.
Is 5623 120th St a tax-appeal candidate?
No — 5623 120th 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
-2.5%
Implied 1-yr
-10.0%
2026 Q3
$571K
2026 Q4
$554K
ZIP 98499 — Median Price History + Forecast

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