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8 Rustic Ln

Lakewood, WA 98498

4 bd 2 ba 2,267 sqft Built 1950 Lot 20,639 sqft single_family
Most recent sale
$655,000
Jul 12, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 31, 2026 Listed for rent $3,700 AppfolioUnits
Jul 12, 2023 Sold $655,000 NWMLS
Jan 27, 2023 Sold $375,000 NWMLS
Jan 15, 2023 Price changed $400,000 NWMLS
Nov 19, 2022 Price changed $425,000 NWMLS
Sep 30, 2022 Listed $450,000 NWMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $393,500 $249,600 $643,100 $6,856
2025 $393,500 $249,600 $643,100 $6,339
2024 $319,300 $246,300 $565,600 $6,074
2023 $287,800 $254,800 $542,600 $3,854
2022 $251,000 $209,000 $460,000 $5,357
2021 $227,800 $161,400 $389,200 $5,049
2020 $212,000 $135,900 $347,900 $363
2019 $202,900 $134,900 $337,800 $355
2018 $181,200 $102,400 $283,600 $358
2017 $170,800 $89,300 $260,100 $381
2016 $159,200 $74,400 $233,600 $387
2015 $151,200 $63,300 $214,500 $398
2014 $144,200 $60,500 $204,700 $3,367
2013 $138,900 $76,200 $215,100 $417
2012 $142,000 $87,600 $229,600 $387
2011 $141,300 $110,500 $251,800 $369
2010 $140,500 $127,600 $268,100 $347
2008 $142,600 $142,800 $285,400 $499
2007 $144,100 $142,800 $286,900 $490

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,267 sqft
Lot size
20,639 sqft
ZIP code
98498
City
Lakewood
Street
Rustic Ln
Coordinates
47.17162, -122.54842

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
$5,214
Gross rental yield
9.55%
Implied cap rate
6.21%
Trend-extrapolated value

Frequently asked questions

When did 8 Rustic Ln last sell?
8 Rustic Ln most recently sold on Jul 12, 2023 for $655,000.
What is the current tax assessment for 8 Rustic Ln?
The most recent total assessment for 8 Rustic Ln (year 2026) is $643,100 with $6,856 in property tax.
How does 8 Rustic Ln's assessment compare to its last sale price?
The current assessment is 1.8% below the last sale price of $655,000.
When was 8 Rustic Ln built?
8 Rustic Ln was built in 1950.
How does 8 Rustic Ln compare to others on Rustic Ln?
We track 2 other properties on Rustic Ln. Browse the list under "Other properties on Rustic Ln" to compare beds, baths, and sale history.
What are the property facts for 8 Rustic Ln?
8 Rustic Ln is a 4 bed, 2 bath, 2,267 sqft, 20,639 sqft lot single_family.
Is 8 Rustic Ln a flip candidate?
Yes — 8 Rustic Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 8 Rustic Ln a tax-appeal candidate?
No — 8 Rustic Ln 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

Explore nearby

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