12785 Gravelly Lake Dr
Lakewood, WA 98499
5 bd 8 ba 9,468 sqft Built 1955 Lot 48,421 sqft single_family
Most recent sale
$1,680,000
Feb 23, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 21, 2022 | Price changed | $2,200,000 | MLS #1965755 |
| Oct 12, 2022 | Price changed | $2,290,000 | MLS #1965755 |
| Jul 16, 2022 | Listed | $2,350,000 | MLS #1965755 |
| Feb 23, 2021 | Sold | $1,680,000 | MLS #1734362 |
| Aug 6, 2020 | Listed | $1,795,000 | MLS #1641268 |
| Nov 9, 2019 | Price changed | $1,987,500 | MLS #1522067 |
| Sep 25, 2019 | Listed | $2,095,000 | MLS #1522067 |
| Nov 1, 2011 | Sold | $1,350,000 | Public Record |
| Sep 15, 2011 | Listed | $1,495,000 | MLS #275288 |
| May 10, 2001 | Sold | $1,175,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $1,647,100 | $1,031,100 | $2,678,200 | $27,388 |
| 2025 | $1,647,100 | $1,031,100 | $2,678,200 | $25,370 |
| 2024 | $1,395,200 | $942,900 | $2,338,100 | $24,922 |
| 2023 | $1,156,400 | $1,027,800 | $2,184,200 | $22,335 |
| 2022 | $954,500 | $872,200 | $1,826,700 | $21,127 |
| 2021 | $954,500 | $872,200 | $1,826,700 | $27,497 |
| 2020 | $1,361,100 | $787,300 | $2,148,400 | $25,221 |
| 2019 | $1,251,300 | $650,600 | $1,901,900 | $19,385 |
| 2018 | $1,084,400 | $561,700 | $1,646,100 | $24,449 |
| 2017 | $1,082,700 | $587,500 | $1,670,200 | $21,555 |
| 2016 | $952,000 | $468,100 | $1,420,100 | $21,283 |
| 2015 | $933,700 | $458,400 | $1,392,100 | $21,995 |
| 2014 | $944,700 | $458,400 | $1,403,100 | $22,105 |
| 2013 | $901,200 | $458,400 | $1,359,600 | $18,646 |
| 2012 | $757,500 | $442,000 | $1,199,500 | $18,606 |
| 2011 | $763,000 | $525,300 | $1,288,300 | $20,020 |
| 2010 | $785,900 | $679,000 | $1,464,900 | $19,634 |
| 2008 | $795,100 | $845,500 | $1,640,600 | $20,247 |
| 2007 | $800,500 | $896,800 | $1,697,300 | $19,361 |
Property facts
Year built
1955
Property type
single_family
Stories
1
Beds
5
Baths
8
Living area
9,468 sqft
Lot size
48,421 sqft
ZIP code
98499
City
Lakewood
Street
Gravelly Lake Dr
Coordinates
47.14163, -122.52925
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$10,080
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 12785 Gravelly Lake Dr last sell?
12785 Gravelly Lake Dr most recently sold on Feb 23, 2021 for $1,680,000.
What is the current tax assessment for 12785 Gravelly Lake Dr?
The most recent total assessment for 12785 Gravelly Lake Dr (year 2026) is $2,678,200 with $27,388 in property tax.
How does 12785 Gravelly Lake Dr's assessment compare to its last sale price?
The current assessment is 59.4% above the last sale price of $1,680,000.
When was 12785 Gravelly Lake Dr built?
12785 Gravelly Lake Dr was built in 1955.
How does 12785 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 12785 Gravelly Lake Dr?
12785 Gravelly Lake Dr is a 5 bed, 8 bath, 9,468 sqft, 48,421 sqft lot single_family.
Is 12785 Gravelly Lake Dr a flip candidate?
No — 12785 Gravelly Lake Dr does not appear in our flips dataset.
Is 12785 Gravelly Lake Dr a tax-appeal candidate?
Yes — 12785 Gravelly Lake Dr 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 valuationQuarterly trend
-2.5%
Implied 1-yr
-10.0%
2026 Q3
$571K
2026 Q4
$554K
ZIP 98499 — Median Price History + Forecast
Explore nearby
Geography
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