Listed by Michael Morrison • Morrison House Sotheby's Intl. Bought with Windermere Prof Partners.

Off Market Mar 2011 for $491K

$1,220,997

Est. refi paymentEst. refi $3,203/mo

•

3 ba

•

2,688

sq ft

15314 Forest Rd SW, Lakewood, WA 98498

About this home

Great chance to get on American Lake in a turn key home with about 50' of pebble beach. Updated interiors with 5 piece baths, jetted tubs, newer appliances and tasteful colors. Wrap around deck overlooks the water and out to the trees, a unique view. Lower level has an outside entrance and is plumbed for another kitchen and laundry room, even with gas hookups. 4 Car Covered Parking, floating dock and shy half acre of property. This is the new standard for American Lake value.

Single-familyProperty Type

1998Year Built

0.42 acresLot Size

$454Est. Price/Sq.Ft.

4 car garageParking

Listed by Michael Morrison • Morrison House Sotheby's Intl

Bought with Vic Jones • Windermere Prof Partners

Source:NWMLS as Distributed by MLS Grid #126418

Redfin Estimate

$1,220,997

$730K since sold in March 2011$25K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 62.8% higher than the average sale price ($750K) of 5 comparable homes.

SOLD AUG 7, 2026
$925,000
A
3 beds2.5 baths3,135 sq ft
9058 Eagle Point Loop Rd SW, Lakewood, WA 98498
SOLD AUG 18, 2026
$550,000
B
3 beds2.5 baths1,985 sq ft
12618 Naomilawn Dr SW, Lakewood, WA 98498
SOLD JUN 15, 2026
$635,000
C
3 beds2.5 baths1,831 sq ft
8019 Shadywood Ln SW, Lakewood, WA 98498
SOLD AUG 6, 2026
$700,000
D
3 beds2 baths1,701 sq ft
12825 Lakeholme Rd SW, Lakewood, WA 98498
SOLD SEP 2, 2026
$940,000
E
3 beds2.5 baths2,427 sq ft
12426 Harwood Cove Ln SW, Lakewood, WA 98498

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Earn from this home

Sell

$886,824

Est. take-home

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Refinance

Est. cash available

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Rent

$4,251/mo

Redfin rental estimate

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Market trends in 98498, WA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.7%

0.1% MoM

Median sale price

$531K

$19K MoM

Avg. days on market

0 days MoM

Recently sold homes

106

5 MoM

New listings for sale

NEW 1 HR AGO
$420,000
2 beds1 bath756 sq ft
9006 Lawndale Ave SW, Lakewood, WA 98498
Chris Burdin • Every Door Real Estate
OPEN SAT, 11AM TO 1:30PM
$575,000
3 beds2 baths2,646 sq ft
7209 Topaz Ct SW, Lakewood, WA 98498
Ryan Pederson • COMPASS
COMING SOON
$3,150,000
3 beds3.5 baths3,892 sq ft
13001 Avenue Dubois SW, Lakewood, WA 98498
Trevor Kovich • NWC-KV LLC
$595,000
3 beds2.5 baths1,792 sq ft
11013 Lundstrom Dr SW, Lakewood, WA 98498
George Atz • Keller Williams Rty Tacoma
$510,000
3 beds1 bath1,404 sq ft
9015 Hipkins Rd SW, Lakewood, WA 98498
Dottie Hoagland • eXp Realty
$749,000
6 beds4 baths2,616 sq ft
9417 Winona St SW, Lakewood, WA 98498
Holly Bradley • eXp Realty
$489,950
3 beds2 baths1,560 sq ft
7515 97th Ave SW, Lakewood, WA 98498
Jenah Mahan • Gateway Real Estate
COMING SOON
$639,999
4 beds2.5 baths1,948 sq ft
7202 93rd Avenue Ct SW, Lakewood, WA 98498
Thomas Meas • COMPASS
$389,900
3 beds2.5 baths1,450 sq ft
8638 Onyx Dr SW Unit E, Lakewood, WA 98498
Sol Lemus • John L. Scott Dupont
$565,000
3 beds2.5 baths1,748 sq ft
10116 100th Street Ct SW, Lakewood, WA 98498
Jay Moore • RE/MAX Exclusive
See all

Provided by Redfin

Sale history for 15314 Forest Rd SW

Date

Event

Price

Public Records

Mar 1, 2011

Sold

$491,000

$183/sq ft

NWMLS as Distributed by MLS Grid #126418

Nov 1, 2010

Sold (MLS) (Sold)

$491,000

$183/sq ft

Oct 21, 2010

Pending

—

Oct 1, 2010

Pending (Pending Inspection)

—

Sep 2, 2010

Listed (Active)

$499,000

$186/sq ft

Public Records

Jul 2, 2003

Sold

$389,900

$145/sq ft

NWMLS as Distributed by MLS Grid #23048261

Jul 2, 2003

Sold (MLS)

$389,000

$145/sq ft

Apr 8, 2003

Listed

$389,900

$145/sq ft

Public Records

Aug 2, 1996

Sold

$122,000

$45/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$11,276 (+8.0%)

$674,500 + $418,100

$1,092,600

2025

$10,440 (−4.9%)

$674,500 + $418,100

$1,092,600

2024

$10,973 (+1.1%)

$652,700 + $363,000

$1,015,700

2023

$10,853 (+13.1%)

$653,900 + $378,900

$1,032,800

2022

$9,596 (+8.1%)

$682,900 + $383,900

$1,066,800

2021

$8,878 (−1.8%)

$534,000 + $299,500

$833,500

2020

$9,044 (+16.0%)

$410,500 + $281,800

$692,300

2019

$7,796 (−12.1%)

$410,500 + $270,800

$681,300

2018

$8,869 (+3.5%)

$382,200 + $226,400

$608,600

2017

$8,570 (+6.1%)

$382,200 + $226,400

$608,600

2016

$8,080 (+7.2%)

$346,400 + $220,300

$566,700

2015

$7,534 (+20.7%)

$305,800 + $224,500

$530,300

2014

$6,243 (+1.0%)

$262,800 + $218,900

$481,700

2013

$6,179 (−10.7%)

$191,100 + $192,800

$383,900

2012

$6,917 (−11.4%)

$217,600 + $180,700

$398,300

2011

$7,806 (+5.3%)

$282,900 + $197,800

$480,700

2010

$7,411 (−0.6%)

$361,200 + $212,200

$573,400

2009

$7,452

$374,200 + $213,900

$588,100

Tax history for 15314 Forest Rd SW

Year

Property tax

Land + Additions

Assessment*

2026

$11,276 (+8.0%)

$674,500 + $418,100

$1,092,600

2025

$10,440 (−4.9%)

$674,500 + $418,100

$1,092,600

2024

$10,973 (+1.1%)

$652,700 + $363,000

$1,015,700

2023

$10,853 (+13.1%)

$653,900 + $378,900

$1,032,800

2022

$9,596 (+8.1%)

$682,900 + $383,900

$1,066,800

2021

$8,878 (−1.8%)

$534,000 + $299,500

$833,500

2020

$9,044 (+16.0%)

$410,500 + $281,800

$692,300

2019

$7,796 (−12.1%)

$410,500 + $270,800

$681,300

2018

$8,869 (+3.5%)

$382,200 + $226,400

$608,600

2017

$8,570 (+6.1%)

$382,200 + $226,400

$608,600

2016

$8,080 (+7.2%)

$346,400 + $220,300

$566,700

2015

$7,534 (+20.7%)

$305,800 + $224,500

$530,300

2014

$6,243 (+1.0%)

$262,800 + $218,900

$481,700

2013

$6,179 (−10.7%)

$191,100 + $192,800

$383,900

2012

$6,917 (−11.4%)

$217,600 + $180,700

$398,300

2011

$7,806 (+5.3%)

$282,900 + $197,800

$480,700

2010

$7,411 (−0.6%)

$361,200 + $212,200

$573,400

2009

$7,452

$374,200 + $213,900

$588,100

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

Property details

Interior

Basement Information
Basement Sq. Ft: 1,344
Basement Type: Finished

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Forced Air

Fireplace Information
# of Fireplaces: 2
Fireplace Type: Prefab
Has Fireplace

Exterior

Exterior Information
Physical Condition: Average
Building Construction Quality: Average
Exterior Wall: Frame Siding
Building Type: Single Family

Property Information
Living Sq. Ft: 2,688
Building Sq. Ft: 3,456
# of Units: 1
# of Stories: 1
Legal Description: SECTION 21 TOWNSHIP 19 RANGE 02 QUARTER 21 : COM AT INTER OF NWLY LI PORTLAND AVE & EXT OF WLY LI BERKELEY ST AMERICAN LK TH NELY 386 FT AT R/A TO WLY LI SD ST TH NWLY 710 FT AT R/A TO SD AVE TO POB TH NELY 50 FT PAR TO SD AVE TH NWLY 380 FT M/L TO SH LI AMERICAN LK TH NWLY ALG SH LI 65 FT M/L TH SELY 420 FT M/L TO POB FORMING TR 50 FT WIDE TOG/W SHLDS ABUTT

Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 1,208
Garage / Carport Type: Detached

Lot Information
# of Buildings: 1
Land Sq. Ft: 18,500
School Tax District: CLOVER PARK
Municipality Name: LAKEWOOD
Acres: 0.4247
Depth Footage: 410
Front Footage: 50
Zoning Code: LKWD
County Use Description: SINGLE FAMILY DWELLING
State Use Description: RESIDENTIAL

Location Information
Parcel Location Influence: Lake

Utility Information
Electricity / Wiring Type: Connected

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: 3.0
Sq. Ft.: 2,688
Stories: 1.0
Lot Size: 0.42 acres
Style: Single Family Residential
Year Built: 1998
Year Renovated: 2008
County: Pierce County
APN: 0219212049

Home facts updated by county records on Jun 29, 2026

Around this home

Schools

Tillicum Elementary School

Public PreK-5 • Assigned • 0.4mi

3/10

Woodbrook Middle School

Public 6-8 • Assigned • 2.0mi

4/10

Clover Park High School

Public 9-12 • Assigned • 3.1mi

4/10

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

3/10 Heat Factor

7 days above 87° expected this year, 14 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, 8 days in 30 years

Provided by First Street

Historical weather

Lakewood, WA • 98498

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 8.9 hours in June and 1.8 hours in December, placing it below the U.S. average for solar exposure.

8.9 hrs

1.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.16M – $1.41M

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Home values near 15314 Forest Rd SW

Data from public records.

Address	Redfin Estimate
15304 Forest Rd SW, Lakewood, WA 5 Beds \| 3 Baths \| 2312 Sq. Ft.	$836,568
8916 Forest Rd SW, Lakewood, WA 3 Beds \| 1 Baths \| 1020 Sq. Ft.	$487,193

Address	Redfin Estimate
15322 Forest Rd SW, Tacoma, WA 4 Beds \| 3 Baths \| 4552 Sq. Ft.	$1,314,389
15306 Forest Rd SW, Tacoma, WA 2 Beds \| 1 Baths \| 1683 Sq. Ft.	$740,886

Address	Redfin Estimate
15302 Forest Rd SW Apartment B, Lakewood, WA 3 Beds \| 3 Baths \| 2994 Sq. Ft.	$1,170,223
15316 Forest Rd SW, Lakewood, WA 3 Beds \| 3 Baths \| 2414 Sq. Ft.	$1,443,139

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 98498, WA

Sale history for 15314 Forest Rd SW

Tax history for 15314 Forest Rd SW

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 15314 Forest Rd SW

More real estate resources