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8517 North Way

Lakewood, WA 98498

3 bd 2 ba 1,512 sqft Built 1963 Lot 8,800 sqft single_family
Most recent sale
$465,000
Jul 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 1, 2022 Sold $465,000 MLS #1926781
May 28, 2022 Price changed $457,000 MLS #1926781
May 13, 2022 Listed $465,000 MLS #1926781
Aug 25, 2016 Sold $235,000 Public Record
May 13, 2016 Price changed $239,500 MLS #929934
Apr 22, 2016 Listed $245,000 MLS #929934

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $245,700 $208,900 $454,600 $5,015
2025 $245,700 $208,900 $454,600 $4,694
2024 $202,600 $193,400 $396,000 $4,295
2023 $216,600 $200,100 $416,700 $4,324
2022 $188,900 $164,100 $353,000 $4,142
2021 $188,900 $164,100 $353,000 $3,913
2020 $172,500 $126,700 $299,200 $748
2019 $158,800 $106,700 $265,500 $3,089
2018 $156,100 $100,600 $256,700 $3,202
2017 $139,600 $76,300 $215,900 $2,804
2016 $115,000 $66,600 $181,600 $2,539
2015 $107,300 $55,500 $162,800 $2,389
2014 $101,800 $47,200 $149,000 $2,364
2013 $97,000 $45,100 $142,100 $2,498
2012 $100,400 $57,400 $157,800 $2,481
2011 $102,600 $66,000 $168,600 $2,580
2010 $102,100 $83,200 $185,300 $2,546
2008 $103,100 $107,500 $210,600 $2,573
2007 $104,200 $107,500 $211,700 $2,325

Property facts

Year built
1963
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,512 sqft
Lot size
8,800 sqft
ZIP code
98498
City
Lakewood
Street
North Way
Coordinates
47.17345, -122.55187

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,478
Gross rental yield
8.98%
Implied cap rate
5.83%
Trend-extrapolated value

Frequently asked questions

When did 8517 North Way last sell?
8517 North Way most recently sold on Jul 1, 2022 for $465,000.
What is the current tax assessment for 8517 North Way?
The most recent total assessment for 8517 North Way (year 2026) is $454,600 with $5,015 in property tax.
How does 8517 North Way's assessment compare to its last sale price?
The current assessment is 2.2% below the last sale price of $465,000.
When was 8517 North Way built?
8517 North Way was built in 1963.
How does 8517 North Way compare to others on North Way?
We track 8 other properties on North Way. Browse the list under "Other properties on North Way" to compare beds, baths, and sale history.
What are the property facts for 8517 North Way?
8517 North Way is a 3 bed, 2 bath, 1,512 sqft, 8,800 sqft lot single_family.
Is 8517 North Way a flip candidate?
No — 8517 North Way does not appear in our flips dataset.
Is 8517 North Way a tax-appeal candidate?
No — 8517 North Way 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
+2.6%
Implied 1-yr
+10.5%
2026 Q3
$657.8K
2026 Q4
$672.6K
ZIP 98498 — Median Price History + Forecast

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