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7018 87th Avenue Ct

Lakewood, WA 98498

2 bd 2 ba 1,771 sqft Built 1996 condos
Most recent sale
$404,900
Mar 17, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 17, 2023 Listing removed NWMLS
Mar 17, 2023 Sold $404,900 Public Record
Feb 18, 2023 Listing removed NWMLS
Feb 18, 2023 Listed $399,900 NWMLS
Oct 27, 2022 Price changed $439,000 NWMLS
Oct 21, 2022 Listed $500,000 NWMLS
Mar 31, 1997 Sold $165,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $243,900 $238,400 $482,300 $5,258
2025 $243,900 $238,400 $482,300 $4,881
2024 $228,300 $209,700 $438,000 $4,686
2023 $234,900 $217,900 $452,800 $386
2022 $222,900 $179,800 $402,700 $434
2021 $198,200 $141,600 $339,800 $474
2020 $190,100 $122,600 $312,700 $491
2019 $181,300 $112,600 $293,900 $480
2018 $165,000 $91,200 $256,200 $493
2017 $154,400 $80,100 $234,500 $526
2016 $138,400 $71,400 $209,800 $535
2015 $130,100 $65,000 $195,100 $898
2014 $120,000 $53,900 $173,900 $928
2013 $132,500 $52,500 $185,000 $942
2012 $139,100 $82,300 $221,400 $872
2011 $136,700 $90,800 $227,500 $830
2010 $138,500 $109,300 $247,800 $779
2008 $141,100 $124,900 $266,000 $762
2007 $141,600 $124,900 $266,500 $748

Property facts

Year built
1996
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,771 sqft
Lot size
ZIP code
98498
City
Lakewood
Street
87th Avenue Ct
Coordinates
47.19289, -122.55441

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
$4,073
Gross rental yield
12.07%
Implied cap rate
7.85%
Trend-extrapolated value

Frequently asked questions

When did 7018 87th Avenue Ct last sell?
7018 87th Avenue Ct most recently sold on Mar 17, 2023 for $404,900.
What is the current tax assessment for 7018 87th Avenue Ct?
The most recent total assessment for 7018 87th Avenue Ct (year 2026) is $482,300 with $5,258 in property tax.
How does 7018 87th Avenue Ct's assessment compare to its last sale price?
The current assessment is 19.1% above the last sale price of $404,900.
When was 7018 87th Avenue Ct built?
7018 87th Avenue Ct was built in 1996.
How does 7018 87th Avenue Ct compare to others on 87th Avenue Ct?
We track 8 other properties on 87th Avenue Ct. Browse the list under "Other properties on 87th Avenue Ct" to compare beds, baths, and sale history.
What are the property facts for 7018 87th Avenue Ct?
7018 87th Avenue Ct is a 2 bed, 2 bath, 1,771 sqft condos.
Is 7018 87th Avenue Ct a flip candidate?
No — 7018 87th Avenue Ct does not appear in our flips dataset.
Is 7018 87th Avenue Ct a tax-appeal candidate?
Yes — 7018 87th Avenue Ct 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
+2.6%
Implied 1-yr
+10.5%
2026 Q3
$657.8K
2026 Q4
$672.6K
ZIP 98498 — Median Price History + Forecast

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