8714 Terrace Rd SW is a 1,334 square foot house on a 7,010 square foot lot with 3 bedrooms and 1 bathroom. Based on Redfin's Lakewood data, we estimate the home's value is $398,973.
Single-familyProperty Type
1955Year Built
7,010 sq ftLot Size
$299Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$398,973
$2,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 12.7% lower than the average sale price ($457K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2026
$4,342 (+935.9%)
$199,200 + $187,700
$386,900
2025
$419 (−5.8%)
$199,200 + $187,700
$386,900
2024
$445 (+2.7%)
$186,800 + $187,000
$373,800
2023
$433 (−10.8%)
$181,300 + $156,100
$337,400
2022
$486 (−8.4%)
$187,600 + $166,800
$354,400
2021
$530 (−40.7%)
$153,800 + $145,500
$299,300
2020
$895 (+2.3%)
$118,800 + $133,600
$252,400
2019
$875 (+1.1%)
$100,000 + $122,900
$222,900
2018
$865 (+2.3%)
$70,600 + $108,100
$178,700
2017
$846 (+10.0%)
$70,600 + $108,100
$178,700
2016
$769 (−31.6%)
$61,600 + $101,900
$163,500
2015
$1,125 (+1.4%)
$51,300 + $93,900
$145,200
2014
$1,110 (−8.3%)
$43,600 + $90,200
$133,800
2013
$1,211 (+1.0%)
$41,700 + $85,900
$127,600
2012
$1,198 (−4.7%)
$53,200 + $84,400
$137,600
2011
$1,257 (−0.4%)
$61,100 + $86,200
$147,300
2010
$1,263 (−43.6%)
$77,100 + $85,800
$162,900
2009
$2,240
$89,100 + $85,400
$174,500
Tax history for 8714 Terrace Rd SW
Year
Property tax
Land + Additions
Assessment*
2026
$4,342 (+935.9%)
$199,200 + $187,700
$386,900
2025
$419 (−5.8%)
$199,200 + $187,700
$386,900
2024
$445 (+2.7%)
$186,800 + $187,000
$373,800
2023
$433 (−10.8%)
$181,300 + $156,100
$337,400
2022
$486 (−8.4%)
$187,600 + $166,800
$354,400
2021
$530 (−40.7%)
$153,800 + $145,500
$299,300
2020
$895 (+2.3%)
$118,800 + $133,600
$252,400
2019
$875 (+1.1%)
$100,000 + $122,900
$222,900
2018
$865 (+2.3%)
$70,600 + $108,100
$178,700
2017
$846 (+10.0%)
$70,600 + $108,100
$178,700
2016
$769 (−31.6%)
$61,600 + $101,900
$163,500
2015
$1,125 (+1.4%)
$51,300 + $93,900
$145,200
2014
$1,110 (−8.3%)
$43,600 + $90,200
$133,800
2013
$1,211 (+1.0%)
$41,700 + $85,900
$127,600
2012
$1,198 (−4.7%)
$53,200 + $84,400
$137,600
2011
$1,257 (−0.4%)
$61,100 + $86,200
$147,300
2010
$1,263 (−43.6%)
$77,100 + $85,800
$162,900
2009
$2,240
$89,100 + $85,400
$174,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Interior
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Forced Air
Fireplace Information
# of Fireplaces: 1
Fireplace Type: 1 Opening
Has Fireplace
Exterior
Exterior Information
Physical Condition: Average
Building Construction Quality: Fair
Exterior Wall: Frame/Vinyl
Building Type: Single Family
Property Information
Subdivision Name: MONTLAKE TERRACE
Living Sq. Ft: 1,334
Ground Floor Sq. Ft: 1,334
Building Sq. Ft: 1,334
# of Units: 1
# of Stories: 1
Stories Type: 1
Legal Description: SECTION 33 TOWNSHIP 20 RANGE 02 QUARTER 14 MONTLAKE TERRACE: MONTLAKE TERRACE L 1 B 1 TOG/W THAT POR OF VAC ST ABUTT EXC S 30 FT OF VAC ST
Lot Information
# of Buildings: 1
Land Sq. Ft: 7,010
Legal Lot Number: 1
Legal Block Number: 1
School Tax District: CLOVER PARK
Municipality Name: LAKEWOOD
Acres: 0.1609
Zoning Code: LKWD
County Use Description: SINGLE FAMILY DWELLING
State Use Description: RESIDENTIAL
Utility Information
Electricity / Wiring Type: Connected
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,334
Stories: 1.0
Lot Size: 7,010 square feet
Style: Single Family Residential
Year Built: 1955
Year Renovated: 1982
County: Pierce County
APN: 6090000020
Home facts updated by county records on Jun 29, 2026
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 • 1.5mi
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
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)
47
35
49
35
54
40
63
41
68
47
74
52
79
55
78
57
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
Estimated sale price
$380,000 – $459,000
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