10515 Brook Ln SW Lakewood, WA 98499

5 beds · 2 baths · 3,406 sq ft · Lot Size: 9,340 sq ft · Single Family Home · Central Lakes
Est. Property Value: $759,982

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

10515 Brook Ln SW is in the Central Lakes neighborhood of Lakewood, WA. It is located in Pierce County and ZIP code 98499. This Single Family Home was built in 1955 and is approximately 70 years old. The single family home spans 3406 sq ft with 5 bedrooms and 2 bathrooms and sits on a 9340 sq ft lot. According to public records, it was last sold in 2020 for $590,000 and has a tax-assessed value of $628,500, which is $223 per sq ft. The Central Lakes area of Lakewood has 1675 residential homes with an average size of 2389 sq ft. Analyze and compare real estate investment strategies for properties like this home at 10515 Brook Ln SW Lakewood, WA 98499 with Property Intel by Whitepages.

Owners & Occupancy for 10515 Brook Ln SW

No contact information is available.

Occupancy

Resident 1******************* age 33
Resident 2******************** age 47
Resident 3****************** age 46
Resident 4************** age 83
Resident 5*************** age 70

Investment Potential for 10515 Brook Ln SW

The property has a current estimated value of $759,982, which is 27% above the neighborhood median, based on public records. It last sold on March 09, 2020 for $590K. Projected long-term
is $33,000 annually ($2,750 per month) with a 93% occupancy rate.

Discover more Single Family Homes in Central Lakes.

Long-Term

Gross Rental
$33,000 per year($2,750 per month)
Net Operating Income
Cap Rate
Occupancy Rate
93%in 98499 zip code
 
View Rental Potential

Property Details for 10515 Brook Ln SW

Property Details

Property Sq Ft

Living Area

3,406 sq ft

43% above market

Lot Size

9,340 sq ft

22% below market

Price Per Sq Ft

Living Area

$223 / sq ft

15% below market

Lot Size Area

$81 / sq ft

69% above market

Property condition, age, exterior, etc. for 10515 Broo…
Longitude: -122.527372 Latitude: 47.161814 Parcel Number (APN): 702500-020-0…
Mortgage originated on through lender: American Pacific Mtg Corp for$******View Mortgage Details

Recommended Properties in Central Lakes

Discover more single family homes near 10515 Brook Ln SW in Lakewood, Washington. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 10515 Brook Ln SW in Pierce County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$759,982
$784,233
-$24,251 (-3%)
$846,942
$146,913 (17%)
YoY Price Change
Year Built
1955
1991
-36 years
Living Space
3,406 sq ft
2,476 sq ft
930 (38%)
$ Per Living Sq Ft
$223
$318
-$95 (-30%)
Lot Size
9,340 sq ft
9,600 sq ft
-260 (-3%)
$ Per Lot Sq Ft
$81
$78
$3 (4%)

Net Operating Income
$23,820
-$7,622 (-32%)
Annual Revenue
$33,000
$42,000
-$9,000 (-21%)
$17,441
-$639 (-4%)
Net Operating Income
$23,820
-$7,622 (-32%)
Cap Rate
3.12%
Home Value Comparison: Property vs. Local and Regional 5-Bed Single Family Home Medians

Find More Housing Markets Near Lakewood

Nearby Cities

Nearby Neighborhoods