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15202 Washington Avenue SW, Tacoma, WA, 98498

2beds
1baths
2,100sqft
$525,000
$250price/sqft
$3,166/moest. monthly cost
$126,640/yrincome needed

About This Home

Investor alert! Over 1 acre with prime short-plat and multi-unit development potential. The solid 2 bed, 1 bath, 2,000+ sq. ft. brick bungalow with detached garage is ideally situated at the front of the parcel—leaving expansive space for additional homes, duplexes, or more. The property is fully fenced, and the home is in good condition. Sold as-is through an estate sale. Excellent location close to JBLM, I-5 corridor improvements, shopping, schools, parks, lakes. Future Sounder station and 1.3-mile shared use trail! Rare opportunity to create multiple income-producing units in a high-demand area. Buyer to independently verify all information, permits, zoning, and development requirements with the City of Lakewood to their satisfaction.

Getting Around

57
WalkingSomewhat Walkable
0
TransitVery Limited Transit
59
BikeBikeable

Schools

3/10
3/10
Woodbrook Middle SchoolGrades 6-82.2 mi
3/10
Clover Park High SchoolGrades 9-123.0 mi

Construction

Condition

  • Year built: 1947

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Brick

Notable Dates

  • Major remodel year: 1980

Type & Style

  • Home type: SingleFamily
  • Architectural style: 1 Story w/Bsmnt.
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Refrigerator,Stove(s)/Range(s),Washer,Dryer(s),Refrigerator(s),Washer(s),Water Heater: Gas,Water Heater Location: Basement

Basement

  • Has basement: Yes
  • Basement: Daylight,Partially Finished

Bathroom Full

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Features

  • Dining Room
  • Flooring: Hardwood,Vinyl
  • Number of fireplaces: 2
  • Fireplace features: Gas,Lower Level: 1,Main Level: 1,Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace,Forced Air,Electric,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 2,100
  • Total interior livable area: 2,100 sqft

Kitchen Without Eating Space

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Other

  • Level: Lower

Property

Details

  • Parcel number: 2200000890
  • Special condition: Standard
  • Other equipment: Leased Equipment: None

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Dining Room,Fireplace,Water Heater
  • Has view: Yes
  • View description: Territorial
  • Topography of land: Level
  • Residential vegetation: Fruit Trees,Garden Space

Lot

  • Lot size: 1.10 Acres
  • Features: Paved,Sidewalk,Fenced-Fully,Gas Available,RV Parking

Parking

  • Total spaces: 2
  • Parking features: Detached Garage,RV Parking
  • Has garage: Yes
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Lightning

FEMA Declared Disasters in Pierce County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,654$31,848
Home Insurance *$138$1,656
Property Taxes $225$2,700
Electricity $149$1,793
Total$3,166$37,992
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$108,548/yr
40% on housing$94,980/yr
45% on housing$84,426/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.9%
9.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$250This listing

vs Other Active Listings

Avg $/sqft

ZIP 98498$254
Pierce County$262

vs Homes Sold Last Month

Median $/sqft

ZIP 98498$320
Pierce County$312

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-01Price change$595,000
2026-02-26Price change$624,950
2026-01-07Listed for sale$649,000
1978-04-12Sold$24,825

For Sale by Agent

AgentShelly McCombs
BrokeragePellego, Inc.

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