Check Availability

7503 88th Avenue Southwest

7503 88th Avenue Southwest, Lakewood, WA 98498
Property in North Lakewood
Sold Nov 30, 2020
$508,000
$482,600 by Boeing Employees Cu
Mortgage Due Dec 01, 2050
Sold Jul 27, 2018
$354,719
Local assessors in Lakewood, WA have categorized 7503 88th Avenue Southwest as a residential type of property. The home was built in 1971 and is 53 years old. It was most recently renovated and altered in 1984. The property's lot size has been calculated to be 8,823 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7503 88th Avenue Southwest has a total of 2,473 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 399 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on air conditioning for their cooling system. The home's a heat pump is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7503 88th Avenue Southwest was last sold in Nov 24, 2020 for $508,000. According to our calculations, that's $1,273.18 per sqft. Prior to that sales transaction, the property was sold for $354,719 in Jul 26, 2018. Current property owners are expected to pay $5,201 in taxes per year. The property on 7503 88th Avenue Southwest was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $520,800. To break that down further, the land itself was valued at $213,600. While improvements to the property were assessed at a total of $307,200. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 399
  • Parking Space Count: 1
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 8,823
  • Total Building Area: 399
  • Gross Building Area: 399
  • Building Area: 2,473
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,473
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: OAKBROOK 5TH ADD
  • Land Acres: 0.203
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 28 TOWNSHIP 20 RANGE 02 QUARTER 42 OAKBROOK 5TH ADD L 159 EASE OF RECORD

Ownership

  • Current Owner : FITZGERALD JASON
  • Current Owner 2: WILLIAMS ANNETTE
  • Previous Owner : LIROT TOBY DAVID
  • Previous Owner 2: LIROT CASEY D
  • Owner Before Previous Owner: JOYNER HEIDI ELLEN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Clover Park School District
  • Census Tract: 072105

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: 802-F7
  • Parcel: 643043-1-590
  • Lot: 159
  • Meridian: SEC 28 TWN 20 RNG 02
  • Municipality: LAKEWOOD
  • Latitude: 47.1893
  • Longitude: -122.554

    Address

  • Full Address: 7503 88th Ave Sw
  • Address - House Number: 7503
  • Street Segment Direction: SW
  • Address - Street Name: 88th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Lakewood
  • Carrier Code: C026
  • 4-Digit Zip Code: 3921
  • Zip Code: 98498

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,201
  • Tax Rate Code Area: 760

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 83
  • Final Value: 617,842
  • High Value: 705,523
  • Low Value: 530,161

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $482,600
  • First Open Lien Mortgage Lender: BOEING EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: Nov 30, 2020
  • First Open Lien Mortgage Loan Amount: $482,600
  • 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, 2050

    Market Valuation

  • Market Total Value: $520,800
  • Market Land Value: $213,600
  • Market Improvement Value: $307,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $520,800
  • Assessed Land Value: $213,600
  • Assessed Improvements Value: $307,200

    Sales

  • Current Sale Contract Date: Nov 24, 2020
  • Current Sale Recording Date: Nov 30, 2020
  • Current Sale Transaction ID: 11803626690
  • Current Sale Price: $508,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202011301117
  • Previous Sale Recording Date: Jul 27, 2018
  • Previous Sale Contract Date: Jul 26, 2018
  • Previous Sale Amount: $354,719
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BOEING EMPLOYEES CU
  • First Mortgage Transaction Date: Nov 30, 2020
  • First Mortgage Loan Amount: $482,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

About North Lakewood



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7503 88th Avenue Southwest located in?
The 7503 88th Avenue Southwest is a located in the neighborhood of North Lakewood in North Lakewood, Lakewood.
What is the average sales price for listings in 7503 88th Avenue Southwest?
The average sales price for units in 7503 88th Avenue Southwest is $0 currently.

Quantcast