Owners & Occupancy for 7020 87th St SW

No contact information is available.

Occupancy

******

View Occupancy

Appreciation Since Purchased

$314,012

Purchased June 12, 2013

Number of Residents

2

Occupancy

Current Occupancy	******View Occupancy
Resident 1	****************** age 41
Resident 2	**************** age 35

Property Financials for 7020 87th St SW

7020 87th St SW, Lakewood, WA has no known mortgage. The Pierce county assessment for 2024 values it at $388,800, with annual taxes of $3,745.

Property Tax

Purchase Date	June 12, 2013
Property Tax Amount	$3,745 in 2024
Purchase Price	$114,000
Assessed Value	$388,800 on 2024

Investment Potential for 7020 87th St SW

The property has a current estimated value of $428,012, which is 7% below the neighborhood median, based on public records. It last sold on June 12, 2013 for $114K. Projected long-term

is $26,400 annually ($2,200 per month) with a 93% occupancy rate.

Property Appreciation
property appreciation
This appreciation forecast is based on proprietary algorithms utilizing publicly available historical market data. Appreciated property values are inherently uncertain and actual appreciation of a property can differ materially for a wide variety of reasons. Learn More.

Last Sale Amount

$114,000

Sold June 12, 2013

Est. Current Value
property value
This property valuation is based on proprietary algorithms utilizing publicly available market data. Whitepages’ Property Value is NOT an appraisal and should not be used in place of one. Learn More.

$428K

($413K - $444K)

7% below neighborhood median

5-Year Forecast
5-year appreciation
This is an estimate of the appreciated property value by year over the next 5 years, based on proprietary algorithms and historical market data. Actual appreciation of a property can differ materially for a variety of reasons. Learn More.

$******

View Forecast

Discover more Single Family Homes in Central Lakes.

See Recommended Properties

Long-Term
Rental Income
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Gross Rental

$26,400 per year($2,200 per month)

$*****View Operating Expenses

Net Operating Income

$*****View Net Operating Income

Cap Rate

****%View Cap Rate

Occupancy Rate

93%in 98499 zip code

View Rental Potential

Property Details for 7020 87th St SW

Property Age

75 years

(Remodeled 1984)

11 years older than neighborhood median

Property Details

Property Sq Ft

Living Area

1,200 sq ft

23% below market

Lot Size

7,800 sq ft

27% below market

Price Per Sq Ft

Living Area

$357 / sq ft

20% above market

Lot Size Area

$55 / sq ft

30% above market

Property Information

Property condition, age, exterior, etc. for 7020 87th …

Land & Location Information

Longitude: -122.531325 Latitude: 47.17841 Parcel Number (APN): 337500-028-0…

Recommended Properties in Central Lakes

Discover more single family homes near 7020 87th St 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.

High Demand Long-Term Rental
$372K - $396K
Est. Value
9214 116th St SW, Lakewood, WA 98498
3 beds · 1 baths · 1,186 sq ft · Built: 1943
Large Lot Advantage
$692K - $764K
Est. Value
8834 Highland Ave SW, Lakewood, WA 98498
3,240 sq ft · Last Sold: $1,030,000 in 2017 · Built: 1970
Owned for Less Than 5 Years
$8.1K - $9K
Est. Value
6728 Wildaire Rd SW, Lakewood, WA 98499
Last Sold: $225,000 in 2024
Valued above Market Median
$718K - $802K
Est. Value
297 Lake Louise Dr SW, Lakewood, WA 98498
6 beds · 3 baths · 3,392 sq ft · Last Sold: $135,000 in 1990 · Built: 1928
High Demand Long-Term Rental
$395K - $429K
Est. Value
9133 Veterans Dr SW, Lakewood, WA 98498
3 beds · 1 baths · 1,272 sq ft · Last Sold: $175,000 in 2008 · Built: 1949
Large Lot Advantage
$662K - $732K
Est. Value
11111 Military Rd SW, Lakewood, WA 98498
4,518 sq ft · Built: 1963
Valued below Market Median
$611K - $676K
Est. Value
7125 Steilacoom Blvd SW A, Lakewood, WA 98499
3,250 sq ft · Last Sold: $175,000 in 1997 · Built: 1956
Valued below Market Median
$428K - $466K
Est. Value
10908 Northstar Way SW, Lakewood, WA 98498
4 beds · 2 baths · 1,587 sq ft · Last Sold: $165,000 in 2006 · Built: 1961
Owner Age Above 75
$458K - $498K
Est. Value
9119 Waverly Dr SW, Lakewood, WA 98499
3 beds · 1 baths · 1,614 sq ft · Built: 1960
Large Lot Advantage
$374K - $467K
Est. Value
8713 116th St SW, Lakewood, WA 98498
4 beds · 1 baths · 1,353 sq ft · Built: 1921
Owned for 15 - 25 Years
$500K - $540K
Est. Value
8304 Wildwood Ave SW, Lakewood, WA 98498
3 beds · 3 baths · 2,158 sq ft · Last Sold: $140,000 in 2001 · Built: 1984
Owned for 5 - 10 Years
$461K - $521K
Est. Value
8915 Moreland Ave SW, Lakewood, WA 98498
3 beds · 2 baths · 1,973 sq ft · Last Sold: $290,000 in 2017 · Built: 2001
Owner Age Above 75
$421K - $451K
Est. Value
7001 Flora St SW, Lakewood, WA 98499
2 beds · 2 baths · 1,744 sq ft · Last Sold: $130,000 in 1998 · Built: 1950
Owned for Less Than 5 Years
$456K - $493K
Est. Value
11012 80th Avenue Ct SW, Lakewood, WA 98498
2 beds · 2 baths · 1,748 sq ft · Last Sold: $500,000 in 2023 · Built: 1997
Owned for 10 - 15 Years
$436K - $468K
Est. Value
10120 Hemlock St SW, Lakewood, WA 98498
3 beds · 1 baths · 1,378 sq ft · Last Sold: $175,000 in 2013 · Built: 1960
Large Lot Advantage
$580K - $641K
Est. Value
8928 Butte Ter SW, Lakewood, WA 98498
3 beds · 3 baths · 2,565 sq ft · Last Sold: $294,000 in 2016 · Built: 1963
Owner Age 55 - 65
$475K - $527K
Est. Value
8320 Mount Tacoma Dr SW, Lakewood, WA 98498
4 beds · 2 baths · 1,770 sq ft · Built: 1954
Large Lot Advantage
$792K - $875K
Est. Value
11701 Interlaaken Dr SW, Lakewood, WA 98498
4 beds · 2 baths · 3,708 sq ft · Built: 1904
High Demand Long-Term Rental
$385K - $434K
Est. Value
11812 Lake City Blvd SW, Lakewood, WA 98498
3 beds · 1 baths · 1,630 sq ft · Built: 1955
Owned for 25 - 50 Years
$350K - $383K
Est. Value
9806 Newgrove Ave SW, Lakewood, WA 98498
2 beds · 1 baths · 1,148 sq ft · Last Sold: $55,000 in 1995 · Built: 1945

Market Benchmarks

Compare data for 7020 87th St SW in Pierce County to the median in the neighborhood area and surrounding markets, where available.

View neighborhood benchmarks

Property

Neighborhood

Difference

State

Difference

$428,012

$459,136

-$31,124 (-7%)

$552,818

-$124,806 (-23%)

$******

$********

$****** (****%)

$639,497

-$79,771 (-12%)

YoY Price Change

****%

2.74%

-348%

Year Built

1950

1961

-11 years

1984

-34 years

Living Space

1,200 sq ft

1,556 sq ft

-356 (-23%)

1,695 sq ft

-495 (-29%)

$ Per Living Sq Ft

$357

$298

$59 (20%)

$325

$32 (10%)

Lot Size

7,800 sq ft

10,670 sq ft

-2870 (-27%)

9,815 sq ft

-2015 (-21%)

$ Per Lot Sq Ft

$55

$42

$13 (30%)

$52

$3 (6%)

Long-Term Rental
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Net Operating Income

$*****

$*******

$***** (****%)

$22,264

-$6,246 (-28%)

Annual Revenue

$26,400

$31,800

-$5,400 (-17%)

$36,000

-$9,600 (-27%)

$*****

$***** (****%)

$13,147

-$2,765 (-21%)

Net Operating Income

$*****

$*******

$***** (****%)

$22,264

-$6,246 (-28%)

Cap Rate

****%

—

3.94%

—

View Neighborhood Data

Home Value Comparison

Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

Property Condition	*******View Condition
Property Type	Single Family Home
Total Bedrooms	3
Total Bathrooms	2
Year Built	1950
Building Sq Ft	1,200 sq ft
Lot Size	0 Acres
Living Space	1,200 sq ft
Ground Floor	1,200 sq ft
Heating / Fuel	Forced Air
Air Conditioning	Central A/C
Roof Covering	Composition Shingle
Garage	Garage
Fireplace	Yes
Fireplace Type	1 Opening

APN	337500-028-0
Census Tract	0721062014
Municipality	Lakewood
County	Pierce
Subdivision	Custer
Zoning	LKWD
Neighborhood	Central Lakes
Longitude / Latitude	-122.531325 / 47.17841
Lot Size	7,800 sq ft

Est. Value	$428,012
Price / Sq Ft	$357
Est. Rent/mo	$2,200
Occupancy	******

7020 87th St SW Lakewood, WA 98499

property value

$428,012

neighborhood valuation

$459,136

market valuation

$451,613

investment intelligence

Owners & Occupancy for 7020 87th St SW

Occupancy

Appreciation Since Purchased

$314,012

Number of Residents

2

Occupancy

Property Financials for 7020 87th St SW

Property Tax

Investment Potential for 7020 87th St SW

rental income

property appreciation

Last Sale Amount

$114,000

property value

$428K

($413K - $444K)

5-year appreciation

rental income

operating expenses

Property Details for 7020 87th St SW

Property Age

75 years

(Remodeled 1984)

Property Details

Property Sq Ft

Living Area

Lot Size

Price Per Sq Ft

Living Area

Lot Size Area

Property Information

Land & Location Information

Recommended Properties in Central Lakes

$372K - $396K

Est. Value

9214 116th St SW, Lakewood, WA 98498

3 beds · 1 baths · 1,186 sq ft · Built: 1943

$692K - $764K

Est. Value

8834 Highland Ave SW, Lakewood, WA 98498

3,240 sq ft · Last Sold: $1,030,000 in 2017 · Built: 1970

$8.1K - $9K

Est. Value

6728 Wildaire Rd SW, Lakewood, WA 98499

Last Sold: $225,000 in 2024

$718K - $802K

Est. Value

297 Lake Louise Dr SW, Lakewood, WA 98498

6 beds · 3 baths · 3,392 sq ft · Last Sold: $135,000 in 1990 · Built: 1928

$395K - $429K

Est. Value

9133 Veterans Dr SW, Lakewood, WA 98498

3 beds · 1 baths · 1,272 sq ft · Last Sold: $175,000 in 2008 · Built: 1949

$662K - $732K

Est. Value

11111 Military Rd SW, Lakewood, WA 98498

4,518 sq ft · Built: 1963

$611K - $676K

Est. Value

7125 Steilacoom Blvd SW A, Lakewood, WA 98499

3,250 sq ft · Last Sold: $175,000 in 1997 · Built: 1956

$428K - $466K

Est. Value

10908 Northstar Way SW, Lakewood, WA 98498

4 beds · 2 baths · 1,587 sq ft · Last Sold: $165,000 in 2006 · Built: 1961

$458K - $498K

Est. Value

9119 Waverly Dr SW, Lakewood, WA 98499

3 beds · 1 baths · 1,614 sq ft · Built: 1960

$374K - $467K

Est. Value