OFF MARKET

Listed by Mike Larson • ALLEN Realtors. Bought with Lee LaBrash Real Estate.

Off Market Sep 2019 for $269K

$436,000

Est. refi paymentEst. refi $2,003/mo

•

1,008

sq ft

8706 Terrace Rd SW, Lakewood, WA 98498

About this home

Terrific starter home close to shopping, schools, bus lines and JBLM. Well-maintained one-level rambler located a short walk from Fort Steilacoom Park. New exterior and interior paint. Hardwood floors under carpet. Very nice, fully-fenced yard, complete w/sprinkler system. Great back patio, perfect for warm sunny afternoons. Efficient heat pump. A well-maintained home on a quiet street, ready for your own personal touches. Great potential as a rental property. Worth a look. Very nice.

Single-familyProperty Type

1955Year Built

7,460 sq ftLot Size

$433Est. Price/Sq.Ft.

1 car garageParking

Listed by Mike Larson • ALLEN Realtors

Bought with Fran Parker • Lee LaBrash Real Estate

Redfin checked: 2 minutes ago

•Source:NWMLS as Distributed by MLS Grid #1497728

Redfin Estimate

$436,000

$167K since sold in September 2019$1,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 4.9% higher than the average sale price ($416K) of 6 comparable homes.

SOLD MAY 12, 2026
$400,000
A
3 beds1 bath1,012 sq ft
7923 Leschi Rd SW, Lakewood, WA 98498
SOLD MAR 30, 2026
$456,750
B
3 beds1 bath1,152 sq ft
8906 Lenox Ave SW, Tacoma, WA 98498
SOLD JUN 23, 2026
$239,400
C
3 beds1 bath1,068 sq ft
8407 Woodbourne Dr SW, Lakewood, WA 98499
SOLD JUN 23, 2026
$475,000
D
3 beds1.5 baths1,628 sq ft
8510 Dalton Dr SW, Tacoma, WA 98498
SOLD NOV 6, 2025
$480,000
E
3 beds1 bath1,635 sq ft
8803 Terrace Rd SW, Lakewood, WA 98498
SOLD JUN 10, 2026
$442,000
F
3 beds1 bath1,152 sq ft
5 W Shore Ave SW, Lakewood, WA 98498

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Earn from this home

Sell

$218,876

Est. take-home

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Refinance

Est. cash available

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Rent

$2,213/mo

Redfin rental estimate

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Market trends in 98498, WA

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.1%

0.5% MoM

Median sale price

$560K

$20K MoM

Avg. days on market

15d

5 days MoM

Recently sold homes

23 MoM

New listings for sale

NEW 14 MINS AGO
$580,000
4 beds1 bath1,496 sq ft
8518 Mount Tacoma Dr SW, Tacoma, WA 98498
Ryzen Martin • Real Broker LLC
$599,950
4 beds3 baths1,840 sq ft
8712 Wildwood Ave SW, Lakewood, WA 98498
Svetlana Baranchuk • Coldwell Banker Bain
$695,000
5 beds3 baths2,842 sq ft
10202 105th Street Ct SW, Lakewood, WA 98498
Anna Matsunaga • Keller Williams Rty Tacoma
$720,000
4 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
$474,000
3 beds2 baths1,567 sq ft
8816 71ST Street Ct SW, Lakewood, WA 98498
Yolanda Johnson • KW Lake Washington So
3D WALKTHROUGH
$519,000
3 beds2 baths1,443 sq ft
8509 Onyx Dr SW, Lakewood, WA 98498
Anne Watkins • Morrison House Sotheby's Intl
3D WALKTHROUGH
$799,950
3 beds2.5 baths2,590 sq ft
8205 Amber Dr SW, Lakewood, WA 98498
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
8102 Oakridge Dr SW, Lakewood, WA 98498
Nikita Krivorak • Pellego, Inc.
See all

Provided by Redfin

Sale history for 8706 Terrace Rd SW

Year

Property tax

Land + Additions

Assessment*

2026

$4,140 (+6.9%)

$201,800 + $168,200

$370,000

2025

$3,873 (+9.2%)

$201,800 + $168,200

$370,000

2024

$3,547 (−0.4%)

$189,200 + $167,500

$356,700

2023

$3,561 (+4.9%)

$184,500 + $140,100

$324,600

2022

$3,395 (+6.7%)

$190,900 + $149,800

$340,700

2021

$3,181 (+9.3%)

$156,500 + $130,600

$287,100

2020

$2,912 (+2,779.5%)

$120,900 + $120,400

$241,300

2019

$101 (+10.2%)

$101,800 + $110,800

$212,600

2018

$92 (−3.4%)

$72,100 + $95,100

$167,200

2017

$95

$72,100 + $95,100

$167,200

2016

$95 (−3.1%)

$62,900 + $89,600

$152,500

2015

$98 (−2.0%)

$52,400 + $82,600

$135,000

2014

$100 (−2.1%)

$44,600 + $79,300

$123,900

2013

$102 (+6.4%)

$42,600 + $75,600

$118,200

2012

$96 (+4.2%)

$54,300 + $77,500

$131,800

2011

$92 (+5.6%)

$62,400 + $79,100

$141,500

2010

$87 (+2.6%)

$78,700 + $78,700

$157,400

2009

$85

$90,900 + $78,300

$169,200

Tax history for 8706 Terrace Rd SW

Year

Property tax

Land + Additions

Assessment*

2026

$4,140 (+6.9%)

$201,800 + $168,200

$370,000

2025

$3,873 (+9.2%)

$201,800 + $168,200

$370,000

2024

$3,547 (−0.4%)

$189,200 + $167,500

$356,700

2023

$3,561 (+4.9%)

$184,500 + $140,100

$324,600

2022

$3,395 (+6.7%)

$190,900 + $149,800

$340,700

2021

$3,181 (+9.3%)

$156,500 + $130,600

$287,100

2020

$2,912 (+2,779.5%)

$120,900 + $120,400

$241,300

2019

$101 (+10.2%)

$101,800 + $110,800

$212,600

2018

$92 (−3.4%)

$72,100 + $95,100

$167,200

2017

$95

$72,100 + $95,100

$167,200

2016

$95 (−3.1%)

$62,900 + $89,600

$152,500

2015

$98 (−2.0%)

$52,400 + $82,600

$135,000

2014

$100 (−2.1%)

$44,600 + $79,300

$123,900

2013

$102 (+6.4%)

$42,600 + $75,600

$118,200

2012

$96 (+4.2%)

$54,300 + $77,500

$131,800

2011

$92 (+5.6%)

$62,400 + $79,100

$141,500

2010

$87 (+2.6%)

$78,700 + $78,700

$157,400

2009

$85

$90,900 + $78,300

$169,200

*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

7,460 Sq. Ft.

Year renovated

1982

Sq. Ft.

1,008

Year built

1955

Style

Single Family Residential

County

Pierce County

APN

6090000040

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 29, 2026.

Property details

Parking

Parking Information
Covered Spaces: 1
Garage Spaces: 1
Has Attached Garage
Has Garage

Interior

Bedroom Information
# of Bedrooms: 3
# of Bedrooms Main: 3
Bedrooms Possible: 3

Bathroom Information
# of Three Quarter Baths (Total): 1
# of Three Quarter Baths (Main): 1

Room 1 Information
Room Type: Bedroom
Room Level: Main

Room 2 Information
Room Type: Kitchen With Eating Space
Room Level: Main

Room 3 Information
Room Type: Living Room
Room Level: Main

Room 4 Information
Room Type: Entry Hall
Room Level: Main

Room 5 Information
Room Type: Bedroom
Room Level: Main

Room 6 Information
Room Type: Utility Room
Room Level: Main

Room 7 Information
Room Type: Bedroom
Room Level: Main

Room 8 Information
Room Type: Bathroom Three Quarter
Room Level: Main

Basement Information
Basement Features: None

Fireplace Information
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Wood Burning
# of Fireplaces Main: 1

Heating & Cooling
Has Heating
Has Cooling

Interior Features
Interior Features: Forced Air, Heat Pump, Hardwood, Wall to Wall Carpet, Ceiling Fan(s), Security System, Fireplace, Water Heater
Flooring: Hardwood, Vinyl, Carpet
Appliances Included: Dishwasher,Range/Oven,Refrigerator

Exterior

Building Information
Building Information: Built On Lot
Roof: Composition

Exterior Features
Exterior Features: Wood

Property Information
Sq. Ft. Finished: 1,008
Style Code: 10 - 1 Story
Property Type: Residential
Property Sub Type: Single Family Residence
Property Condition: Good

Lot Information
MLS Lot Size Source: Public Records
Site Features: Cable TV,Fenced-Fully,Patio,Sprinkler System
Zoning Jurisdiction: City
Lot Features: Paved
Lot Size Units: Square Feet
Lot Size Acres: 0.1713
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $101
Tax Year: 2019

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

Utilities

Utility Information
Water Source: Public
Water Company: Lakewood
Power Company: Tacoma Public Utilities
Sewer: Sewer Connected
Sewer Company: Pierce County
Utilities: Cable Connected, Sewer Connected, Electric
Water Heater Location: Garage
Water Heater Type: Electric

Location

Multi-Unit Information
Furnished: Unfurnished

School Information
Elementary School: Oakbrook Elem
Middle Or Junior High School: Hudtloff Mid
High School: Lakes High
High School District: Clover Park

Location Information
Bus Line Nearby: true
Directions: Steilacoom Blvd west, left on Terrace Road to home on right.
Topography: Level

Community Information
Senior Exemption: true

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 1,008
Stories: 1.0
Lot Size: 7,460 square feet
Style: Single Family Residential
Year Built: 1955
Year Renovated: 1982
County: Pierce County
APN: 6090000040

Home facts updated by county records on Jun 29, 2026

Other

Listing Information
Mls Status: Sold

Listing Date Information
Offers Review Date: Friday, August 9, 2019
On Market Date: Friday, August 2, 2019

Green Information
Power Production Type: Electric

Home Information
Living Area: 1,008
Living Area Units: Square Feet
Calculated Square Footage: 1008
MLS Square Footage Source: Public Records
Building Area Total: 1008
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Year Built Effective: 1970
Effective Year Built Source: Public Records
Structure Type: House
Levels: One
Entry Location: Main

Around this home

Schools

Custer Elementary School

Public PreK-5 • Assigned • 0.5mi

5/10

Hudtloff Middle School

Public 6-8 • Assigned • 0.7mi

2/10

Lakes High School

Public 9-12 • Assigned • 1.6mi

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

9 unhealthy days expected this year, 9 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 8.8 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

Estimated sale price

$415,000 – $502,000

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Isaac Schaefer • Realty One Group Turn Key

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Home values near 8706 Terrace Rd SW

Data from public records.

Address	Redfin Estimate
8714 Terrace Rd SW, Lakewood, WA 3 Beds \| 1 Baths \| 1334 Sq. Ft.	$398,973
8614 Terrace Rd SW, Tacoma, WA 3 Beds \| 1 Baths \| 1686 Sq. Ft.	$400,663

Address	Redfin Estimate
8710 Terrace Rd SW, Lakewood, WA 3 Beds \| 1 Baths \| 1008 Sq. Ft.	$449,287
8610 Terrace Rd SW, Lakewood, WA 3 Beds \| 1 Baths \| 1008 Sq. Ft.	$405,721

Address	Redfin Estimate
8622 Terrace Rd SW, Lakewood, WA 3 Beds \| 1 Baths \| 1260 Sq. Ft.	$435,841
8606 Terrace Rd SW, Lakewood, WA 3 Beds \| 1 Baths \| 1172 Sq. Ft.	$448,906

Property information provided by NWMLS as Distributed by MLS Grid when last listed in 2019. This data may not match . Learn more.

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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 8706 Terrace Rd SW

Tax history for 8706 Terrace Rd SW

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 8706 Terrace Rd SW

More real estate resources