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12218 Gravelly Lake Dr

Lakewood, WA 98499

3 bd 3 ba 2,274 sqft Built 1971 Lot 31,078 sqft single_family
Most recent sale
$827,500
Jun 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 10, 2022 Sold $827,500 MLS #1926891
May 5, 2022 Listed $750,000 MLS #1926891
Feb 24, 1995 Sold $175,000 Public Record
Sep 18, 1979 Sold $102,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $382,000 $343,500 $725,500 $7,674
2025 $382,000 $343,500 $725,500 $6,995
2024 $326,200 $347,900 $674,100 $7,211
2023 $328,200 $347,900 $676,100 $6,929
2022 $267,100 $293,500 $560,600 $6,499
2021 $267,100 $293,500 $560,600 $6,229
2020 $236,900 $245,700 $482,600 $5,408
2019 $207,700 $195,700 $403,400 $4,648
2018 $205,700 $186,100 $391,800 $5,319
2017 $201,300 $161,300 $362,600 $4,749
2016 $178,700 $132,800 $311,500 $4,458
2015 $177,200 $112,900 $290,100 $4,291
2014 $172,700 $99,300 $272,000 $4,351
2013 $166,700 $99,300 $266,000 $3,727
2012 $149,700 $88,400 $238,100 $4,596
2011 $155,700 $161,700 $317,400 $5,040
2010 $153,200 $214,800 $368,000 $5,486
2008 $168,400 $265,300 $433,700 $5,285
2007 $169,500 $272,900 $442,400 $4,634

Property facts

Year built
1971
Property type
single_family
Stories
Beds
3
Baths
3
Living area
2,274 sqft
Lot size
31,078 sqft
ZIP code
98499
City
Lakewood
Street
Gravelly Lake Dr
Coordinates
47.14593, -122.53952

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,230
Gross rental yield
7.58%
Implied cap rate
4.93%
Trend-extrapolated value

Frequently asked questions

When did 12218 Gravelly Lake Dr last sell?
12218 Gravelly Lake Dr most recently sold on Jun 10, 2022 for $827,500.
What is the current tax assessment for 12218 Gravelly Lake Dr?
The most recent total assessment for 12218 Gravelly Lake Dr (year 2026) is $725,500 with $7,674 in property tax.
How does 12218 Gravelly Lake Dr's assessment compare to its last sale price?
The current assessment is 12.3% below the last sale price of $827,500.
When was 12218 Gravelly Lake Dr built?
12218 Gravelly Lake Dr was built in 1971.
How does 12218 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 12218 Gravelly Lake Dr?
12218 Gravelly Lake Dr is a 3 bed, 3 bath, 2,274 sqft, 31,078 sqft lot single_family.
Is 12218 Gravelly Lake Dr a flip candidate?
No — 12218 Gravelly Lake Dr does not appear in our flips dataset.
Is 12218 Gravelly Lake Dr a tax-appeal candidate?
No — 12218 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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