This home's estimate is 0.7% higher than the average sale price ($427K) of 6 comparable homes.
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8523 Terrace Rd SW, Lakewood, WA 98498
About this home
Great Starter Home! This Rambler is Close to all Amenities~Freeway Access~Military Bases~Schools & Pierce College~3 bdrms/1bath,~1260 Sq Ft~Garage Was Converted to 4th bdrm/office/den. Could Easily Convert Back~New Roof, Front Patio~Storm Door & Windows~Fully Fenced~Outbuilding & Attached Carport. Interior Features: New Paint~Light Fixtures~New fridge~New Electrical Wiring~Cook Top Dbl Oven~Wood Fire Place W/Blower~Ceiling Fans~New High End Flooring~Hardwoods Under Carpets. Don't miss out!

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Market trends in 98498, WA
Last updated July 2026
Buyer's Market
Seller's Market
Seller's market
- $599,9504 beds3 baths1,840 sq ft8712 Wildwood Ave SW, Lakewood, WA 98498Svetlana Baranchuk • Coldwell Banker Bain
- $695,0005 beds3 baths2,842 sq ft10202 105th Street Ct SW, Lakewood, WA 98498Anna Matsunaga • Keller Williams Rty Tacoma
- $499,9505 beds2 baths2,141 sq ft8858 81st Ave SW, Lakewood, WA 98498Isaac Schaefer • Realty One Group Turn Key
- $474,0003 beds2 baths1,567 sq ft8816 71ST Street Ct SW, Lakewood, WA 98498Yolanda Johnson • KW Lake Washington So
- 3D WALKTHROUGH$519,0003 beds2 baths1,443 sq ft8509 Onyx Dr SW, Lakewood, WA 98498Anne Watkins • Morrison House Sotheby's Intl
- 3D WALKTHROUGH$799,9503 beds2.5 baths2,590 sq ft8205 Amber Dr SW, Lakewood, WA 98498Marti Reeder • John L. Scott, Inc.
- $599,0005 beds2 baths2,371 sq ft10302 Interlaaken Dr SW, Tacoma, WA 98498Melanie Goodwin • Windermere Real Estate/PSK Inc
- $485,0003 beds2 baths1,092 sq ft8102 Oakridge Dr SW, Lakewood, WA 98498Nikita Krivorak • Pellego, Inc.
- $759,9005 beds4 baths3,160 sq ft7903 Onyx Ct SW, Lakewood, WA 98498Joy Heritage • Windermere RE West Campus Inc
See all
Provided by Redfin
Sale history for 8523 Terrace Rd SW
$171/sq ft
$167/sq ft
$175/sq ft
$183/sq ft
$148/sq ft
$144/sq ft
$100/sq ft
$95/sq ft
Tax history for 8523 Terrace Rd SW
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Covered Spaces: 1
- Has Carport
- Carport Spaces: 1
Interior
- Bedroom Information
- # of Bedrooms: 3
- # of Bedrooms Main: 3
- Bedrooms Possible: 3
- Bathroom Information
- # of Full Baths (Total): 1
- # of Full Baths (Main): 1
- Basement Information
- Basement Features: None
- Fireplace Information
- Has Fireplace
- # of Fireplaces: 1
- Fireplace Features: Wood Burning
- # of Fireplaces Main: 1
- Interior Features
- Interior Features: Forced Air, Hardwood, Wall to Wall Carpet, Laminate, Ceiling Fan(s), Fireplace
- Appliances: Double Oven, Dryer, Washer
- Flooring: Hardwood, Laminate, Carpet
- Appliances Included: Double Oven,Dryer,Range/Oven,Refrigerator,Washer
Exterior
- Building Information
- Building Information: Built On Lot
- Roof: Composition
- Exterior Features
- Exterior Features: Wood
- Property Information
- Sq. Ft. Finished: 1,260
- Style Code: 10 - 1 Story
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Property Condition: Good
- Land Information
- Vegetation: Brush, Fruit Trees, Garden Space
- Lot Information
- MLS Lot Size Source: Realist
- Site Features: Cable TV,Fenced-Fully,Outbuildings,Patio
- Lot Features: Paved
- Lot Size Units: Square Feet
- Lot Size Acres: 0.2008
- Elevation Units: Feet
Financial
- Tax Information
- Tax Annual Amount: $2,518
- Tax Year: 2017
- Financial Information
- Listing Terms: Cash Out, Conventional, FHA, Private Financing Available, VA Loan
- Buyer Financing: VA
Utilities
- Utility Information
- Water Source: Public
- Water Company: Lakewood
- Power Company: TPU
- Sewer: Sewer Connected
- Sewer Company: Pierce Co.
- Utilities: Cable Connected, Sewer Connected, Oil
Location
- Multi-Unit Information
- Furnished: Unfurnished
- School Information
- Elementary School: Buyer To Verify
- Middle Or Junior High School: Buyer To Verify
- High School: Buyer To Verify
- High School District: Clover Park
- Location Information
- Directions: 512 to South Tacoma Way-Rt onto S. Tacoma Way-Left onto Steilacoom Blvd SW. Turn left onto Terrace Rd SW. Home is on the left.
- Topography: Level
- Community Information
- Senior Exemption: false
Public facts
- Beds: 3
- Baths: 1.0
- Sq. Ft.: 1,260
- Stories: 1.0
- Lot Size: 8,746 square feet
- Style: Single Family Residential
- Year Built: 1955
- Year Renovated: 1982
- County: Pierce County
- APN: 6090000180
Other
- Listing Information
- Mls Status: Sold
- Listing Date Information
- On Market Date: Friday, September 8, 2017
- Green Information
- Power Production Type: Oil
- Home Information
- Living Area: 1,260
- Living Area Units: Square Feet
- Calculated Square Footage: 1260
- MLS Square Footage Source: Realist
- Building Area Total: 1260
- Building Area Units: Square Feet
- Foundation Details: Poured Concrete
- Year Built Effective: 1970
- Effective Year Built Source: Public Records
- Structure Type: House
- Levels: One
Around this home
Schools
Public PreK-5 • Assigned • 0.4mi
Public 6-8 • Assigned • 0.6mi
Public 9-12 • Assigned • 1.6mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 87° expected this year, 15 days in 30 years
Minimal risk of severe winds over next 30 years
11 unhealthy days expected this year, 12 days in 30 years
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.
Nearby similar homes
New listings for sale in 98498
Home values near 8523 Terrace Rd SW
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 1650 Sq. Ft. | $637,432 |
3 Beds | 1 Baths | 1686 Sq. Ft. | $400,663 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1416 Sq. Ft. | $417,374 |
3 Beds | 1 Baths | 1008 Sq. Ft. | $405,721 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1260 Sq. Ft. | $435,841 |
3 Beds | 1 Baths | 1172 Sq. Ft. | $448,906 |
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