6807 LakewoodUniversity Place, WA 98467

  • Residential income properties
  • 3,360 SF
For Sale
$1,800,000 View listing

Property Details for 6807 Lakewood

Year built
1957
Construction
WOOD FRAME
Lot size
0.99 AC
Property size (Sq ft)
3,360 SF
Zone code
MUD
Property type
Residential income properties
Property subtype
Other apartment buildings
APN
5455000620
APU
5455000620

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,127,438
    6.5%
    $1,040,712
    7%
    $966,376
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,396,598
    Geo Method
    $1,002,957
  • Alternative Use

    Use
    Valuation
    Residential
    $1,040,712
    Hospitality
    $953,287
    Educational
    $793,123
    Medical
    $820,400
    Retail
    $1,233,747
6807 Lakewood, University Place, Washington

Location Insight

City
University Place
County
Pierce
State
Washington
Latitude
47.1955
Longitude
-122.508
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $215,800
  • Assessed land value
    $785,700
  • Assessed value
    $1,001,500
  • Tax year
    2024
  • Tax bill
    $12,412

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