Listing provided courtesy of Superior Real Estate LLC. Bought with Better Properties Real Estate.
Off Market May 2015 for $1.2M
—
—
bd
•
— ba
•
13,428
sq ft
8327 - 8375 Phillips Rd SW, Lakewood, WA 98498
About this home
Don't miss the opportunity to own this perfectly-situated complex at an extreme value!! Creekwood Villa Condos, is a well-maintained community with units you don't want to miss. Whether you are seeking a home for yourself, investment income (all units are occupied), or both; this is a community you will love being part of! All units contain individual garages, carport space, and access to plenty of guest parking. Convenience to Fort Steilacoom Park and several local stores. Come take a look!
Multi-familyProperty Type
1972Year Built
1.26 acresLot Size
$89Price/Sq.Ft.
31 spacesParking
Listed by • Superior Real Estate LLC
Listed by Justin Bartlett• Superior Real Estate LLC
Bought with Hanna Kuether• Better Properties Real Estate
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1990
Sq. Ft.
1,276
Year built
1972
Style
Condo/Co-op
County
Pierce County
APN
9001340110
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 29, 2026.
Property details
Parking
Parking Information
Parking Uncovered Spaces: 16
Covered Spaces: 11
Open Parking Spaces: 16
Carport Spaces: 4
Has Open Parking
Interior
Interior Features
Interior Features: Forced Air, Wall to Wall Carpet
Flooring: Carpet
Exterior
Building Information
Roof: Composition
Exterior Features
Exterior Features: Wood, Wood Products
Property Information
Style Code: 56 - 10+ Units
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Good
Land Information
Possible Use: Residential
Lot Information
MLS Lot Size Source: Tax Assessor
Lot Features: Paved
Lot Size Units: Square Feet
Lot Size Acres: 1.2626
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $22,618
Tax Year: 2015
Financial Information
Listing Terms: Cash Out
Buyer Financing: Cash
Utilities
Utility Information
Water Source: Public
Water Company: Lakewood Water District
Power Company: Tacoma Public Utilities
Sewer: Sewer Connected
Sewer Company: Pierce County Sewer
Utilities: Sewer Connected, Electric
Water Sewer Garbage: 3750
Location
Multi-Family Financial Information
Electric Expense: $700
Insurance Expense: $5,000
Other Expense: $14,000
Net Operating Income: $122,392
Gross Adjusted Income: 168460
Gross Scheduled Income: $168,460
Total Monthly Income: 11495
Gross Rent Multiplier: 7
Total Expenses: 46068
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 11
# of Units (Total): 11
Furnished: Unfurnished
HOA Information
Association Fee: $32,000
Association Fee Frequency: Annually
School Information
Elementary School: Custer Elem
Middle Or Junior High School: Hudtloff Mid
High School: Lakes High
High School District: Clover Park
Location Information
Directions: From I5 take the So 72 St exit, Exit 129, toward So 84 St. Take the S 74 St W ramp. Turn right onto 88th St SW. Turn right onto Phillips Rd SW (Creekwood Villa).
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,276
Stories: 2.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1972
Year Renovated: 1990
County: Pierce County
APN: 9001340110
Home facts updated by county records on Jun 29, 2026
Other
Listing Information
Mls Status: Sold
Listing Date Information
On Market Date: Monday, January 5, 2015
Green Information
Power Production Type: Electric
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 13428
Building Area Total: 13428
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Building Name: Creekwood Villa Condo
Year Built Effective: 1978
Effective Year Built Source: Public Records
Structure Type: Multi Family
Stories Total: 2
Around this home
Schools
Custer Elementary School
Public PreK-5 • Assigned • 0.2mi
5/10
Hudtloff Middle School
Public 6-8 • Assigned • 0.3mi
2/10
Harrison Preparatory School
Public 6-12 • Assigned • 1.5mi
6/10
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
7/10 Air Factor
11 unhealthy days expected this year, 12 days in 30 years
Provided by First Street
Historical weather
Lakewood, WA • 98498
Average low and high temperatures (°F)
47
35
49
35
54
40
63
41
68
47
74
52
79
55
79
58
73
53
61
45
52
42
49
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.8 hours in
June and 1.7 hours in December, placing it below the
U.S. average for solar exposure.
8.8 hrs
1.7 hrs
JuneDecember
Provided by Shadowmap
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