by RH Advisors

See Home Value
Lakewood 98499 Pacific
5623 McChord Drive SW
Listed by: Kyle Steppe, Century 21 Northwest, 425-250-3301, Listing Courtesy of NWMLS
$355,000
House - Off Market

5623 McChord Drive SW

Lakewood, WA 98499
bedrooms
3 Beds
bathrooms
1 Bath
$374,082
RealtyHop Estimate
1.12%
Since Dec 1, 2021
WA-Seattle
Primary Model

About This Property

Investor/Developer alert! Bring your live-work-play dreams alive in dynamic Lakewood. Fully fenced & level half acre plus lot with towering trees & gated circular drive. Original hardwoods, double pane vinyl windows, forced air heat & deep garage. Nice sized bedrooms- including oversized master! Generous living room boasts a river rock wrapped fireplace with insert to keep you warm all winter long. Front & back yards are cross fenced-room for pets, a new shop+ Excellent location near major freeways, Sounder train, several lakes, golf courses, Joint Base Lewis McChord, minutes to ferries, beaches & entertainment. Space for redevelopment-Zoned MF1, 22DU/acre- Amazing opportunity which allows for many uses on this 1/2 acre+ lot!
Unit Size
-
Days on Market
99 days
Land Size
0.53 acres
Price per sqft
-
Property Type
House
Property Taxes
$301
HOA Dues
-
Year Built
1954
Last updated: 3 months ago (NWMLS #NWM1819732)

Price History

Date / Event Date Event Price
Nov 19, 2021 Sold to Michael Tong, Stella Tong $355,000
Sold to Michael Tong, Stella Tong
Aug 12, 2021 Listed by Century 21 Northwest $369,950
Listed by Century 21 Northwest

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 406
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 22,940
  • Lot Size Frontage Feet: 1,480
  • Total Building Area: 1,588
  • Gross Building Area: 1,588
  • Building Area: 1,182
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,182
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.527
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 14 TOWNSHIP 19 RANGE 02 QUARTER 12 : COM AT PT ON SELY LI PAC HWY 3491.21 FT SWLY FROM ITS INTER WITH E LI SEC 11 TH AT R/A TO SD HWY S 41 DEG 16 MIN E 1092 FT FOR POB TH CONT S 41 DEG 16 MIN E 132 FT TH S 48 DEG 44 MIN W 130.57 FT TO NLY LI

Ownership

  • Current Owner : TONG MICHAEL
  • Current Owner 2: TONG STELLA
  • Previous Owner : JOYCE TRAVIS D
  • Previous Owner 2: JOYCE JULIET D
  • Owner Before Previous Owner: REED CLOTEAL

Neighborhood

  • School District Name: Clover Park School District
  • Census Tract: 071806

Zoning

  • Zoning: MF1

Geography

  • Assessors Map Reference: 832-J7
  • Parcel: 021914-1-025
  • Meridian: SEC 14 TWN 19 RNG 02
  • Municipality: LAKEWOOD
  • Latitude: 47.1403
  • Longitude: -122.512

    Address

  • Full Address: 5623 Mcchord Dr Sw
  • Address - House Number: 5623
  • Street Segment Direction: SW
  • Address - Street Name: Mcchord
  • Address - Suffix Type: Dr
  • State: WA
  • City Name: Lakewood
  • Carrier Code: C011
  • 4-Digit Zip Code: 3225
  • Zip Code: 98499

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,118
  • Tax Rate Code Area: 760

    Appraisal Valuation

  • Standard Deviation: 0.0685
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 96
  • Final Value: 371,179
  • High Value: 396,615
  • Low Value: 345,743

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $248,500
  • First Open Lien Mortgage Lender: FIRST FINANCIAL NORTHWEST BANK
  • First Open Lien Mortgage Recording Date: Nov 19, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $248,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $396,100
  • Market Land Value: $196,100
  • Market Improvement Value: $200,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $396,100
  • Assessed Land Value: $196,100
  • Assessed Improvements Value: $200,000

    Sales

  • Current Sale Contract Date: Nov 18, 2021
  • Current Sale Recording Date: Nov 19, 2021
  • Current Sale Transaction ID: 11869172426
  • Current Sale Price: $355,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202111190651
  • Previous Sale Recording Date: Dec 30, 2003
  • Previous Sale Contract Date: Dec 29, 2003
  • Previous Sale Amount: $124,950
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FINANCIAL NORTHWEST BANK
  • First Mortgage Transaction Date: Nov 19, 2021
  • First Mortgage Loan Amount: $248,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HOME MORTGAGE INC
  • Previous Mortgage Transaction Date: Dec 30, 2003
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $123,259
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2034



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$300,000 May 24, 2022
$300,000 May 24, 2022
$348/mo
House
3 Beds
1 Bath
-
$349,000 Jan 19, 2024
-
$370/mo
Condo
2 Beds
3 Baths
-
$299,999 Oct 2, 2023
-
$244/mo

About Pacific


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Frequently Asked Questions

When was property at 5623 McChord Drive Southwest built and last sold?
The property at 5623 McChord Drive Southwest was built in 1954 and last sold on Nov 18, 2021 for $355,000.
How much is this home worth?
The estimated value of the home located at 5623 McChord Drive Southwest is $373,650.
What are some comparable homes to 5623 McChord Drive Southwest?
There are currently no comparable homes to 5623 McChord Drive Southwest.

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