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11621 Gravelly Lake Dr

Lakewood, WA 98499

4 bd 4 ba 5,974 sqft Built 2006 Lot 30,005 sqft single_family
Most recent sale
$2,250,000
Feb 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 14, 2022 Sold $2,250,000 MLS #1864967
Nov 20, 2021 Listed $2,490,000 MLS #1864967
Aug 24, 2004 Sold $500,000 Public Record
Jul 31, 1989 Sold $250,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $1,117,500 $877,600 $1,995,100 $19,926
2025 $1,117,500 $877,600 $1,995,100 $18,038
2024 $949,400 $771,600 $1,721,000 $18,337
2023 $993,200 $841,000 $1,834,200 $18,707
2022 $820,600 $713,700 $1,534,300 $17,696
2021 $820,600 $713,700 $1,534,300 $18,311
2020 $784,700 $644,200 $1,428,900 $16,643
2019 $720,700 $532,400 $1,253,100 $14,556
2018 $697,400 $540,000 $1,237,400 $18,329
2017 $689,100 $564,800 $1,253,900 $16,008
2016 $605,600 $450,000 $1,055,600 $15,899
2015 $600,300 $440,700 $1,041,000 $16,304
2014 $600,300 $440,700 $1,041,000 $16,449
2013 $572,000 $440,700 $1,012,700 $13,693
2012 $520,700 $361,000 $881,700 $13,762
2011 $524,900 $429,000 $953,900 $14,858
2010 $533,700 $554,600 $1,088,300 $14,735
2008 $549,400 $690,700 $1,240,100 $15,317
2007 $553,100 $732,500 $1,285,600 $12,826

Property facts

Year built
2006
Property type
single_family
Stories
Beds
4
Baths
4
Living area
5,974 sqft
Lot size
30,005 sqft
ZIP code
98499
City
Lakewood
Street
Gravelly Lake Dr
Coordinates
47.15095, -122.53662

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
$13,740
Gross rental yield
7.33%
Implied cap rate
4.76%
Trend-extrapolated value

Frequently asked questions

When did 11621 Gravelly Lake Dr last sell?
11621 Gravelly Lake Dr most recently sold on Feb 14, 2022 for $2,250,000.
What is the current tax assessment for 11621 Gravelly Lake Dr?
The most recent total assessment for 11621 Gravelly Lake Dr (year 2026) is $1,995,100 with $19,926 in property tax.
How does 11621 Gravelly Lake Dr's assessment compare to its last sale price?
The current assessment is 11.3% below the last sale price of $2,250,000.
When was 11621 Gravelly Lake Dr built?
11621 Gravelly Lake Dr was built in 2006.
How does 11621 Gravelly Lake Dr compare to others on Gravelly Lake Dr?
We track 8 other properties on Gravelly Lake Dr. Browse the list under "Other properties on Gravelly Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 11621 Gravelly Lake Dr?
11621 Gravelly Lake Dr is a 4 bed, 4 bath, 5,974 sqft, 30,005 sqft lot single_family.
Is 11621 Gravelly Lake Dr a flip candidate?
No — 11621 Gravelly Lake Dr does not appear in our flips dataset.
Is 11621 Gravelly Lake Dr a tax-appeal candidate?
No — 11621 Gravelly Lake 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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