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12617 Gravelly Lake Dr

Lakewood, WA 98499

4 bd 3 ba 4,396 sqft Built 1955 Lot 40,600 sqft single_family
Most recent sale
$1,215,000
Oct 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 3, 2022 Sold $1,215,000 MLS #1989193
Aug 29, 2022 Listed $1,200,000 MLS #1989193
Sep 29, 2020 Sold $1,000,000 MLS #1645143
Aug 13, 2020 Listed $975,000 MLS #1645143
Oct 7, 2008 Sold $735,000 Public Record
Oct 25, 2002 Sold $585,000 Public Record
Jun 30, 1986 Sold $160,000 Public Record
May 24, 1982 Sold $155,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $938,100 $361,700 $1,299,800 $13,483
2025 $938,100 $361,700 $1,299,800 $12,445
2024 $698,100 $362,300 $1,060,400 $11,262
2023 $696,600 $362,300 $1,058,900 $10,773
2022 $565,900 $305,700 $871,600 $10,028
2021 $565,900 $305,700 $871,600 $9,715
2020 $502,700 $255,900 $758,600 $8,720
2019 $452,700 $203,800 $656,500 $7,376
2018 $425,500 $202,600 $628,100 $8,693
2017 $420,800 $175,600 $596,400 $7,950
2016 $380,700 $144,600 $525,300 $7,547
2015 $372,000 $122,900 $494,900 $7,496
2014 $371,100 $108,100 $479,200 $7,612
2013 $361,100 $108,100 $469,200 $6,394
2012 $316,400 $96,000 $412,400 $7,331
2011 $334,200 $175,600 $509,800 $7,394
2010 $309,600 $233,200 $542,800 $7,741
2008 $335,500 $288,100 $623,600 $7,546
2007 $338,400 $296,300 $634,700 $6,940

Property facts

Year built
1955
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
4,396 sqft
Lot size
40,600 sqft
ZIP code
98499
City
Lakewood
Street
Gravelly Lake Dr
Coordinates
47.14268, -122.53539

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
$10,111
Gross rental yield
9.99%
Implied cap rate
6.49%
Trend-extrapolated value

Frequently asked questions

When did 12617 Gravelly Lake Dr last sell?
12617 Gravelly Lake Dr most recently sold on Oct 3, 2022 for $1,215,000.
What is the current tax assessment for 12617 Gravelly Lake Dr?
The most recent total assessment for 12617 Gravelly Lake Dr (year 2026) is $1,299,800 with $13,483 in property tax.
How does 12617 Gravelly Lake Dr's assessment compare to its last sale price?
The current assessment is 7.0% above the last sale price of $1,215,000.
When was 12617 Gravelly Lake Dr built?
12617 Gravelly Lake Dr was built in 1955.
How does 12617 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 12617 Gravelly Lake Dr?
12617 Gravelly Lake Dr is a 4 bed, 3 bath, 4,396 sqft, 40,600 sqft lot single_family.
Is 12617 Gravelly Lake Dr a flip candidate?
No — 12617 Gravelly Lake Dr does not appear in our flips dataset.
Is 12617 Gravelly Lake Dr a tax-appeal candidate?
No — 12617 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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