Sold235d on market

7023 88th Street SW

Lakewood, WA, 98499 • Custer • Pierce County

$325,000

$502/sqft

2Beds

1Baths

648Sqft

0.14 acLot

1944Built

Property DNA

3 highlights

Character Home

Built 1944 · 82 years of history

Lakewood

Custer

Ceramic Tile Floors

Quality flooring throughout

This home is in high demand

Listed 235 days ago · 5 views · Top 4% likely to sell soon

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Market activity

Demand and pricing signals for this listing

5 views

People checking out this listing

235 days on market

Established listing

$502/sqft

Price per square foot

Selling Soon Prediction

Very High

This home ranks in the top 4% of listings most likely to go under contract soon, based on market activity and demand signals.

Likelihood score

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About this home

Single Family · Built 1944

This charming home is filled with an abundance of natural light and has been freshly painted, creating a bright and welcoming atmosphere throughout. With alley access, RV parking, and a storage shed, there's plenty of room for all your vehicles, toys, and tools. Whether you're a first-time buyer or looking for a great rental investment, this property is a solid choice. Conveniently located close to all amenities, shopping, dining, and schools are just minutes away. Don’t miss your chance to own this versatile and well-maintained property!

Standout features identified

Our analysis highlights rv parking, alley access, and abundance of natural light as key attractions of this home.

Estimated monthly payment

Based on current rates

$2,023/month

Principal & Interest$1,590

Property Tax$325

Insurance$108

Down payment20% ($65,000)

3%50%

Est. 6.18% rate · 30yr fixed · $260,000 loan

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At a glance

Key facts and listing details

TypeSingle Family Residence

Year Built1944

Heating90%+ High Efficiency, Electric

CoolingHeat Pump

ParkingDriveway

Lot5,998 sqft

Property

Home typeSingle Family

Sub-typeSingle Family Residence

Year built1944

Stories1

Systems

Heating90%+ High Efficiency, Electric

CoolingHeat Pump

RoofComposition

ConstructionCement/Concrete, Wood Products

Water / SewerPublic, Company: Lakewood Water / Sewer Connected, Company: Pierce County

Parking & Outdoor

ParkingDriveway

BasementNone

Lot5,998 sqft

Location & Tax

NeighborhoodCuster

Annual tax$2,883

Parcel3375000430

Bathrooms & Fees

Full baths1

Features & details

6 categories of property features

Interior Features

Appliances

Dishwasher(s)

Dryer(s)

Refrigerator(s)

Stove(s)/Range(s)

Washer(s)

Flooring

Ceramic Tile

Laminate

Heating

90%+ High Efficiency

Electric

Cooling

Heat Pump

Exterior Features

Parking

Driveway

Construction

Cement/Concrete

Wood Products

Room details

7 rooms detailed

Bedroom

Main

Bedroom

Main

Bathroom Full

Main

Dining Room

Main

Entry Hall

Main

Kitchen With Eating Space

Main

Listing insights

Market data and value estimates

StatusSold

Days on market235

Est. value$319,500

Est. rent$1,589/mo

Tax rate0.88%

Price/sqft$502

On marketSep 7, 2025

PostedJul 18, 2025

Last sold$325,000

MLS statusSold

MLS updatedSep 14, 2025

Tour days6

How are the schools in Lakewood?

3 schools rated nearby

Custer Elementary School

Primary • Public • PK-5

0.5 mi

Lochburn Middle School

Middle • Public • 6-8

0.9 mi

Harrison Preparatory School

Middle • Public • 6-12

1.2 mi

Location

Lakewood, WA, 98499

Expand map

Price history

13 events

DateEventPrice$/sqftSource

Aug 14, 2025Sold$325,000$502NWMLS as distributed by MLS GRID

Jul 26, 2025Pending Sale$325,000$502NWMLS as distributed by MLS GRID

Jul 18, 2025Listed For Sale$325,000$502NWMLS as distributed by MLS GRID

Apr 8, 2014Listing Removed$775$1Northwest Properties Agency , Inc.

Nov 27, 2013Listed For Rent$775$1Northwest Properties Agency , Inc.

May 16, 2013Listing Removed$775$1Zillow Rental Network

Dec 18, 2012Listed For Rent$775$1Hotpads for Rent

Apr 4, 2012Listing Removed$700$1Hotpads for Rent

Jan 7, 2012Listed For Rent$700$1Hotpads for Rent

Aug 9, 2005Sold$119,000$184NWMLS as distributed by MLS GRID

Dec 20, 2004Sold$101,800$157NWMLS as distributed by MLS GRID

Oct 3, 2003Sold$77,776$120Public Record

Apr 28, 2000Sold$98,888$153Public Record

Sold$325,000

Aug 14, 2025•$502/sqft•NWMLS as distributed by MLS GRID

Pending Sale$325,000

Jul 26, 2025•$502/sqft•NWMLS as distributed by MLS GRID

Listed For Sale$325,000

Jul 18, 2025•$502/sqft•NWMLS as distributed by MLS GRID

Listing Removed$775

Apr 8, 2014•$1/sqft•Northwest Properties Agency , Inc.

Listed For Rent$775

Nov 27, 2013•$1/sqft•Northwest Properties Agency , Inc.

Listing Removed$775

May 16, 2013•$1/sqft•Zillow Rental Network

Listed For Rent$775

Dec 18, 2012•$1/sqft•Hotpads for Rent

Listing Removed$700

Apr 4, 2012•$1/sqft•Hotpads for Rent

Listed For Rent$700

Jan 7, 2012•$1/sqft•Hotpads for Rent

Sold$119,000

Aug 9, 2005•$184/sqft•NWMLS as distributed by MLS GRID

Sold$101,800

Dec 20, 2004•$157/sqft•NWMLS as distributed by MLS GRID

Sold$77,776

Oct 3, 2003•$120/sqft•Public Record

Sold$98,888

Apr 28, 2000•$153/sqft•Public Record

Tax history

19 years of records

YearTax paidAssessed value

Apr 7, 2024$2,883$266,600

Apr 7, 2023$2,604$234,700

Apr 7, 2022$2,617$246,700

Apr 7, 2021$2,527$210,600

Apr 7, 2019$1,691$154,200

Apr 7, 2018$1,775$135,600

Apr 7, 2017$1,650$117,000

Apr 7, 2016$1,379$88,800

Apr 7, 2014$1,379$83,700

Apr 7, 2013$1,144$71,800

Apr 7, 2012—$69,300

Apr 7, 2011—$91,200

Apr 7, 2010—$102,300

Apr 7, 2009—$111,300

Apr 7, 2008$1,464$113,900

Apr 7, 2007$1,464$117,400

Apr 7, 2002$978$60,800

Apr 7, 2001$932$60,800

Apr 7, 2000$932$57,400

Nearby homes

Recently Sold

$480,000

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Pending

$375,000

2 bd1 ba936 sqft

7101 88th St SW, Lakewood, WA

Recently Sold

$405,000

2 bd1 ba1,372 sqft

7111 88th St SW, Lakewood, WA

Recently Sold

$447,000

4 bd2 ba1,719 sqft

7120 87th St SW, Lakewood, WA

Recently Sold

$420,000

3 bd2 ba1,104 sqft

7126 86th St SW, Lakewood, WA

Recently Sold

$420,000

3 bd1 ba1,008 sqft

6826 87th St SW, Lakewood, WA

Recently Sold

$350,000

4 bd4 ba1,796 sqft

7316 Steilacoom Blvd SW, Lakewood, WA

7326 Steilacoom Blvd SW #D-3, Lakewood, WA

Pending

$370,000

4 bd4 ba2,386 sqft

7326 Steilacoom Blvd SW #D-3, Lakewood, WA

Neighborhood details

Local context around this listing

Lakewood, WA • Pierce County

Nearby neighborhoods

Carter LakeCusterDowerIdlewildLake LouiseLakeviewOakbrookOakwoodPark LodgeTyee Park

Nearby cities

Bonney LakeEnumclawGig HarborGrahamLakewoodParklandPuyallupSpanaway

Nearby zip codes

98438984399849398496984979849898499

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Value estimates

Live

Est. value$319,500

Est. rent$1,589/mo

30yr rate est.6.18%

Affordability$1,927/mo

Accepted financing

ConventionalFHAVA Loan

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Based on information submitted to the MLS GRID as of 2026-04-07 09:38:22 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)

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