Listed by Jaime Richeson • Keller Williams Rty Tacoma. Bought with eXp Realty.

Off Market Dec 2025 for $383K

$425,255

•

1,056

sq ft

108 Lake Terrace Dr, Lakewood, WA 98564

About this home

Experience lakeside living in this beautifully updated 2-bedroom home set on two parcels totaling 22,652 sq ft in a desirable Mayfield Lake neighborhood. Enjoy a new roof, spa-inspired walk-in shower with dual shower heads, and a 2-year-old in-ceiling heat pump for year-round comfort. The bright open-concept kitchen and living area flows seamlessly to a private deck, perfect for entertaining. Outdoors features a 12x16 shed, portable greenhouse, 10x20 carport, and ample space for your RV or boat. Just minutes from Mayfield Lake Marina—ideal as a vacation getaway, short-term rental, or full-time home with endless possibilities. Potential to purchase marina membership with boat slip.

Single-familyProperty Type

1969Year Built

0.52 acresLot Size

$403Est. Price/Sq.Ft.

1 spaceParking

Listed by Jaime Richeson • Keller Williams Rty Tacoma

Bought with Katie Tuttle • eXp Realty

Redfin checked: 3 minutes ago

•Source:NWMLS as Distributed by MLS Grid #2447185

Redfin Estimate

$425,255

$42K since sold in December 2025$14K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 25.2% higher than the average sale price ($340K) of 6 comparable homes.

SOLD DEC 29, 2025
$265,000
A
2 beds1 bath720 sq ft
242 Sunset Dr, Mossyrock, WA 98564
SOLD SEP 19, 2025
$290,000
B
2 beds1 bath876 sq ft
112 Lakewood Pl, Mossyrock, WA 98564
SOLD APR 28, 2026
$406,850
C
2 beds1 bath1,050 sq ft
108 Chief Kiona, Silver Creek, WA 98585
SOLD APR 6, 2026
$314,900
D
3 beds1 bath857 sq ft
251 Swofford Rd, Mossyrock, WA 98564
SOLD JUL 24, 2026
$340,000
E
2 beds1 bath978 sq ft
1519 US Hwy 12, Ethel, WA 98542
SOLD MAY 15, 2026
$421,000
F
2 beds1 bath1,056 sq ft
8974 Spirit Lake Hwy, Toutle, WA 98649

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Rent

$2,174/mo

Redfin rental estimate

List your home for rent

Market trends in 98564, WA

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.6%

+0.8% MoM

Median sale price

$475K

$6K MoM

Avg. days on market

36d

2 days MoM

Recently sold homes

1 MoM

New listings for sale

NEW 31 HRS AGO
$599,950
4 beds3 baths1,840 sq ft
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Svetlana Baranchuk • Coldwell Banker Bain
OPEN TODAY, 3:30PM TO 5:30PM
$695,000
5 beds3 baths2,842 sq ft
10202 105th Street Ct SW, Lakewood, WA 98498
Anna Matsunaga • Keller Williams Rty Tacoma
$720,000
5 beds2.5 baths2,594 sq ft
9805 76th St SW, Lakewood, WA 98498
John Pagel • Red Moon Realty
$499,950
5 beds2 baths2,141 sq ft
8858 81st Ave SW, Lakewood, WA 98498
Isaac Schaefer • Realty One Group Turn Key
OPEN TODAY, 1PM TO 3PM
$474,000
3 beds2 baths1,567 sq ft
8816 71ST Street Ct SW, Lakewood, WA 98498
Yolanda Johnson • KW Lake Washington So
OPEN TODAY, 1PM TO 3PM
$519,000
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Anne Watkins • Morrison House Sotheby's Intl
3D WALKTHROUGH
$799,950
3 beds2.5 baths2,590 sq ft
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Marti Reeder • John L. Scott, Inc.
$599,000
5 beds2 baths2,371 sq ft
10302 Interlaaken Dr SW, Tacoma, WA 98498
Melanie Goodwin • Windermere Real Estate/PSK Inc
$485,000
3 beds2 baths1,092 sq ft
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Nikita Krivorak • Pellego, Inc.
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Joy Heritage • Windermere RE West Campus Inc
See all

Provided by Redfin

Sale history for 108 Lake Terrace Dr

Date

Event

Price

Dec 29, 2025

Sold (MLS) (Closed)

NWMLS as Distributed by MLS Grid #2447185

$383,000

$363/sq ft

Dec 3, 2025

Pending

NWMLS as Distributed by MLS Grid #2447185

—

Oct 23, 2025

Listed (Active)

NWMLS as Distributed by MLS Grid #2447185

$399,995

$379/sq ft

Mar 11, 2019

Sold

Public Records

$110,000

$104/sq ft

Dec 11, 2017

Sold

Public Records

$105,000

$99/sq ft

Aug 1, 2005

Sold

Public Records

$110,000

$104/sq ft

Jun 3, 2005

Sold

Public Records

$110,000

$104/sq ft

Apr 17, 1999

Sold

Public Records

$90,000

$85/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$2,469 (+7.9%)

$164,000 + $202,000

$366,000

2025

$2,288 (+27.6%)

$164,000 + $181,700

$345,700

2024

$1,794 (+5.3%)

$86,400 + $191,800

$278,200

2023

$1,703 (+3.0%)

$63,700 + $191,800

$255,500

2022

$1,654 (+10.9%)

$50,500 + $145,600

$196,100

2021

$1,492 (+11.0%)

$35,000 + $100,600

$135,600

2020

$1,344 (−6.6%)

$33,000 + $106,300

$139,300

2019

$1,439 (−11.4%)

$33,000 + $106,300

$139,300

2018

$1,624 (+8.6%)

$48,400 + $95,200

$143,600

2017

$1,495 (−0.2%)

$49,900 + $83,500

$133,400

2015

$1,498 (−0.2%)

$55,400 + $83,500

$138,900

2014

$1,501 (+0.9%)

$55,400 + $83,500

$138,900

2013

$1,488 (+9.8%)

$55,400 + $83,500

$138,900

2012

$1,355 (+2.6%)

$55,400 + $85,800

$141,200

2011

$1,321 (+2.8%)

$58,300 + $85,800

$144,100

2009

$1,284

$58,300 + $85,800

$144,100

Tax history for 108 Lake Terrace Dr

Year

Property tax

Land + Additions

Assessment*

2026

$2,469 (+7.9%)

$164,000 + $202,000

$366,000

2025

$2,288 (+27.6%)

$164,000 + $181,700

$345,700

2024

$1,794 (+5.3%)

$86,400 + $191,800

$278,200

2023

$1,703 (+3.0%)

$63,700 + $191,800

$255,500

2022

$1,654 (+10.9%)

$50,500 + $145,600

$196,100

2021

$1,492 (+11.0%)

$35,000 + $100,600

$135,600

2020

$1,344 (−6.6%)

$33,000 + $106,300

$139,300

2019

$1,439 (−11.4%)

$33,000 + $106,300

$139,300

2018

$1,624 (+8.6%)

$48,400 + $95,200

$143,600

2017

$1,495 (−0.2%)

$49,900 + $83,500

$133,400

2015

$1,498 (−0.2%)

$55,400 + $83,500

$138,900

2014

$1,501 (+0.9%)

$55,400 + $83,500

$138,900

2013

$1,488 (+9.8%)

$55,400 + $83,500

$138,900

2012

$1,355 (+2.6%)

$55,400 + $85,800

$141,200

2011

$1,321 (+2.8%)

$58,300 + $85,800

$144,100

2009

$1,284

$58,300 + $85,800

$144,100

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.26 Acres

Year renovated

1988

Sq. Ft.

1,056

Year built

1969

Style

Single Family Residential

County

Pierce County

APN

010572127000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

Property details

Parking

Parking Information
Covered Spaces: 1
Parking Features: Detached Carport
Has Carport
Carport Spaces: 1

Interior

Bedroom Information
# of Bedrooms: 2
# of Bedrooms Main: 2

Bathroom Information
# of Three Quarter Baths (Total): 1
# of Half Baths (Total): 1
# of Main Level Bathrooms (Total): 2
# of Half Baths (Main): 1
# of Three Quarter Baths (Main): 1
# of Showers: 1

Room 1 Information
Room Type: Dining Room
Room Level: Main

Room 2 Information
Room Type: Entry Hall
Room Level: Main

Room 3 Information
Room Type: Kitchen Without Eating Space
Room Level: Main

Room 4 Information
Room Type: Living Room
Room Level: Main

Room 5 Information
Room Type: Primary Bedroom
Room Level: Main

Room 6 Information
Room Type: Bathroom Half
Room Level: Main

Room 7 Information
Room Type: Bathroom Three Quarter
Room Level: Main

Room 8 Information
Room Type: Bedroom
Room Level: Main

Heating & Cooling
Has Heating
Heating Information: Heat Pump, Wall Unit(s)
Has Cooling
Cooling Information: Heat Pump

Interior Features
Appliances: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Flooring: Ceramic Tile, Laminate, Carpet
Appliances Included: Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)

Exterior

Building Information
Building Information: Built On Lot
Construction Materials: Wood
Roof: Composition

Exterior Features
Exterior Features: Wood

Property Information
Energy Source: Electric
Sq. Ft. Finished: 1,056
Style Code: 10 - 1 Story
Property Type: Residential
Property Sub Type: Single Family Residence
Property Condition: Good

Lot Information
MLS Lot Size Source: Realist
Zoning Jurisdiction: County
Lot Size Units: Square Feet
Lot Size Acres: 0.52
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $3,454
Tax Year: 2025

Financial Information
Listing Terms: Cash Out, Conventional, FHA, VA Loan
Buyer Financing: Conventional

Utilities

Utility Information
Water Source: Community
Water Company: Lewis County Water & Sept Dist6
Power Company: Lewis County PUD
Sewer: Sewer Connected
Sewer Company: Lewis County Water & Sept Dist6

Location

School Information
Elementary School: Mossyrock Elem
Middle Or Junior High School: Mossyrock Mid & High
High School: Mossyrock Mid & High
High School District: Mossyrock

Location Information
Directions: East on Hwy 12 to Right onto Winston Creek rd for 1.6 miles, Right on Haddaller Rd for .8 miles, slight left onto Lakeview Dr for .4 miles, slight left up gravel rd on Lake Terrace. Home is on left.

Community Information
Senior Exemption: false
Community Features: Boat Launch

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 1,056
Stories: 1.0
Lot Size: 0.26 acres
Style: Single Family Residential
Year Built: 1969
Year Renovated: 1988
County: Pierce County
APN: 010572127000

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Buyer Brokerage Compensation: 2.5
Buyer Brokerage Compensation Type: %
Mls Status: Sold

Listing Date Information
On Market Date: Thursday, October 23, 2025

Green Information
Power Production Type: Electric

Home Information
Living Area: 1,056
Calculated Square Footage: 1056
MLS Square Footage Source: Realist
Building Area Total: 1056
Building Area Units: Square Feet
Foundation Details: Block, Poured Concrete
Year Built Effective: 1988
Effective Year Built Source: Public Records
Structure Type: House
Levels: One
Entry Location: Main

Around this home

Schools

Mossyrock Elementary School

Public K-6 • Assigned • 4.5mi

5/10

Mossyrock Middle & High School

Public 7-12 • Assigned • 4.5mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 88° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

7 unhealthy days expected this year, 9 days in 30 years

Provided by First Street

Historical weather

Lakewood, WA • 98564

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9 hours in June and 1.8 hours in December, placing it below the U.S. average for solar exposure.

9 hrs

1.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$404,000 – $490,000

Sell confidently with a local market expert in Lakewood. 3 minutes to get started.

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Home values near 108 Lake Terrace Dr

Data from public records.

Address	Redfin Estimate
181 Lakeview Drive #26, Mossyrock, WA 3 Beds \| 2 Baths \| 1605 Sq. Ft.	—
115 Lake Terrace Drive, Mossyrock, WA 3 Beds \| 2 Baths \| 1702 Sq. Ft.	$493,558

Address	Redfin Estimate
112 Lake Terrace Drive, Mossyrock, WA 3 Beds \| 2 Baths \| 2016 Sq. Ft.	$477,198
118 Lake Terrace Drive, Mossyrock, WA 3 Beds \| 2 Baths \| 1908 Sq. Ft.	$431,867

Address	Redfin Estimate
124 Lake Terrace Drive, Mossyrock, WA 4 Beds \| 2 Baths \| 2840 Sq. Ft.	$527,217
118 Lake Terrace Drive, Mossyrock, WA - Beds \| 1.5 Baths \| 1010 Sq. Ft.	$365,489

Property information provided by NWMLS as Distributed by MLS Grid when last listed in 2025. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 98564, WA

Sale history for 108 Lake Terrace Dr

Tax history for 108 Lake Terrace Dr

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 98498

Home values near 108 Lake Terrace Dr

More real estate resources