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12516 Edgemere Dr

Lakewood, WA 98499

3 bd 2 ba 1,866 sqft Built 1990 Lot 14,503 sqft single_family
Most recent sale
$505,000
Jun 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 5, 2023 Sold $550,000 NWMLS
Jun 23, 2022 Sold $505,000 MLS #1937995
May 21, 2022 Listed $499,000 MLS #1937995
Aug 14, 2020 Sold $400,000 NWMLS
Jul 8, 2020 Price changed $400,000 MLS #1620851
Jun 26, 2020 Listed $425,000 MLS #1620851
Aug 27, 2008 Sold $297,939 Public Record
Oct 4, 2000 Sold $181,500 Public Record
Jun 5, 1991 Sold $129,500 Public Record
Mar 29, 1990 Sold $78,425 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $322,900 $239,100 $562,000 $6,150
2025 $322,900 $239,100 $562,000 $5,474
2024 $248,500 $216,700 $465,200 $5,021
2023 $260,700 $225,900 $486,600 $5,026
2022 $218,700 $187,500 $406,200 $4,746
2021 $218,700 $187,500 $406,200 $4,595
2020 $205,700 $147,500 $353,200 $4,373
2019 $195,200 $129,100 $324,300 $3,746
2018 $199,000 $114,600 $313,600 $4,013
2017 $188,000 $84,100 $272,100 $3,730
2016 $177,500 $65,900 $243,400 $3,086
2015 $149,700 $49,400 $199,100 $3,099
2014 $145,500 $49,400 $194,900 $2,940
2013 $132,700 $45,300 $178,000 $2,772
2012 $133,400 $42,300 $175,700 $3,059
2011 $141,600 $67,700 $209,300 $3,121
2010 $142,500 $83,000 $225,500 $3,070
2008 $150,000 $105,000 $255,000 $3,154
2007 $151,000 $110,100 $261,100 $2,931

Property facts

Year built
1990
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,866 sqft
Lot size
14,503 sqft
ZIP code
98499
City
Lakewood
Street
Edgemere Dr
Coordinates
47.14349, -122.52080

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
$4,292
Gross rental yield
10.20%
Implied cap rate
6.63%
Trend-extrapolated value

Frequently asked questions

When did 12516 Edgemere Dr last sell?
12516 Edgemere Dr most recently sold on Jun 23, 2022 for $505,000.
What is the current tax assessment for 12516 Edgemere Dr?
The most recent total assessment for 12516 Edgemere Dr (year 2026) is $562,000 with $6,150 in property tax.
How does 12516 Edgemere Dr's assessment compare to its last sale price?
The current assessment is 11.3% above the last sale price of $505,000.
When was 12516 Edgemere Dr built?
12516 Edgemere Dr was built in 1990.
How does 12516 Edgemere Dr compare to others on Edgemere Dr?
We track 5 other properties on Edgemere Dr. Browse the list under "Other properties on Edgemere Dr" to compare beds, baths, and sale history.
What are the property facts for 12516 Edgemere Dr?
12516 Edgemere Dr is a 3 bed, 2 bath, 1,866 sqft, 14,503 sqft lot single_family.
Is 12516 Edgemere Dr a flip candidate?
Yes — 12516 Edgemere Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 12516 Edgemere Dr a tax-appeal candidate?
No — 12516 Edgemere Dr 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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