Lakewood  »  98499  »  Pacific

12850 Lincoln Avenue Southwest, Lakewood, WA 98499

Pacific, Pierce
Building in Pacific
2 Stories
Built in 1964
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Welcome to 12850 Lincoln Avenue Southwest, a building located in Pacific, Pierce in Lakewood, WA. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1964. There are a total of 2 floors. Finally, 12850 Lincoln Avenue Southwest was most recently sold on Dec 30, 2022 for $7,000,000. The market value for the land that the building sits on has been listed at $3,871,600. In addition, improvements upon the building have an added value of $2,804,500. In total, the total market value of the property as a whole is $6,676,100. According to local assessors, the total value of the building is currently valued at $6,676,100. Specifically, the value of the land that the property sits on has been assessed at $3,871,600. The building was last assessed in 2023. There are another one buildings located on the same land that 12850 Lincoln Avenue Southwest was built on.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. Are you a fan of fireplaces? Good news! This property has one single fireplace. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Policies
Cats Allowed
Dogs Allowed
Facts
General
Year Built
1964
Effective Year Built
2018
Building Count
5
Bedroom Count
0
Building Condition
Average
Building Quality
D
Construction Type
Frame
Building Style
Multifamily
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Floor Count
2
Living Units
10
Floor Cover
unknown
Basement Type
Unfinished basement
Basement Area
5,018
Garage Type
unknown
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
Pool
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Residential
Land Acres
2.73
Standard Land Use Code
Multi-family dwellings (generic, 2+)
County Land Use Code
unknown
State Land Use Code
unknown
Legal Description 1
SECTION 11 TOWNSHIP 19 RANGE 02 QUARTER 44 : COM AT INTER OF ELY LI OF PAC HWY & E LI SEC TH SWLY 2531.21 FT ALG ELY LI OF SD HWY TH S 41 DEG 16 MIN E 960 FT TO POB TH CONT S 41 DEG 16 MIN E 396 FT S 48 DEG 44 MIN W 300 FT N 41 DEG 16 MIN W 396 FT N
Ownership
Current Owner
SAGE LAKEWOOD 2 LLC
Current Owner's Name
SAGE LAKEWOOD 2 LLC
Previous Owner
LAKEWOOD GARDEN PARK APARTMENTS LLC
Previous Owner's Name
ZHANG YUAN
Owner Address - City
EVERETT
Owner Address - State
WA
Owner Address - ZIP Code
98208
Owner Before Previous Owner
KALLIRAI INDERJIT SINGH
Ownership Rights Codes
unknown
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Clover Park School District
Census Tract
071806
Census Block Code
3000
Census Group
3
Census Year
2020
Census - Combined Statistical Area - Area Code
500
Census - Combined Statistical Area - Area Name
Seattle-Tacoma, WA
Census - County FIPS
53053
Census - Full FIPS
530530718063000
Census - Metropolitan Division - Area Code
45104
Census - Metropolitan Division - Area Name
Tacoma-Lakewood, WA
Census - Metro Micro Statistical Area - Area Code
42660
Census - Metro Micro Statistical Area - Area Name
Seattle-Tacoma-Bellevue, WA
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
5338038
Census Source
US Census Bureau
Census State FIPS
53
Census Tract Code
071806
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
5301410
School District - Unified - Name
Clover Park School District
Zoning
Zoning
MF1
Geography
Assessors Map Reference
833-A7
Parcel
021911-4-048
Lot Code
unknown
Meridian
SEC 11 TWN 19 RNG 02
Municipality
LAKEWOOD
Latitude
47.1419
Longitude
-122.51
FIPS
53053
Mailing Carrier Code
C039
Mailing Street Segment Direction
SE
Mailing Full Street Address
9505 19TH AVE SE STE 118
Mailing House Number
9505
Mailing Street Mode
AVE
Mailing Street
19TH
Mailing Unit Number
118
Mailing Unit Type
STE
Mailing 4-Digit Zip Code
3843
Geo Status Code
unknown
Valuation
Timestamp
2023-08-24 05:05:41
UCID Flag
C
More About The Building
In total, the building area is listed as 5,018 square feet. The building itself has 5,018 square footage of total floor area. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 12850 Lincoln Avenue Southwest is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Pacific area have a median price of $995. Those in the 25th percentile, have a price around $995. While those in the 75th percentile, have a price around $995. Typically, the buildings in this area have a median sqft of 725. That means that the median price per sqft is around $1. In other words, the price per sqft for buildings in the 25th percentile is $1. While the price per sqft for buildings in the 75th percentile is $1. As a breakdown, we've included the following stats:

  • There are currently no studio listings being advertised in the area.
  • There is currently a single advertised one bedroom listing.
  • There are currently no two bedroom listings being advertised in the area.
  • There are currently no three bedroom listings being advertised in the area.
  • There are currently no four bedroom listings being advertised in the area.
About The Area
12850 Lincoln Avenue Southwest is located in 98499. There are 30,630 people living here. There are 12,635 households. Most of these households have an average family size of 3.2 people. According to the census, 66% are currently renting while 34% own their homes. The median age of this population is around 33.6 years old. On average, most folks in the zipcode are unmarried. About 30% of folks speak a language other than English in this area. The area's employment rate is currently around 50.9%. Speaking of employment, the median income is $37,982. Most folks will commute by car for around 26.7 minutes. Finally, we know that 30% of residents in the area have graduated with their high school degree. Additionally, 11% and 6% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Pierce County, Washington has a population of 832,896 people. Based on census records, there are 307,106 registered households. Families in this area are on average made up of 3.22 people per household. Most folks are unmarried. They are also typically around 36 years old. Does diversity matter to you? Right now, 15% of folks speak a language other than English here. About 39% rent while 61% purchased their homes. Right now, the community is made up of 28% of residents who have graduated with at least a high school degree. On top of that, 17% have a Bachelor's degree and 9% have a Master's degree. The employment rate is currently around 57.1%. Those employed, have a median income of $61,468.

Finally, let's take a look at the stats related to Seattle, WA Urban Area. The urban area is home to 3,276,247 people. A total of 1,272,850 households are registered here. With average family sizes being listed at 3.14 people. About 19% of residents have graduated with a high school degree. Of the rest, 26% have their Bachelor's and 16% have their Master's degree. Folks speaking a language other than English, make up about 24% of the population. Speaking of your commute, 63.3% of people in this area are employed. The recorded median income is currently at $72,541 per year. The median population age has been listed at 36.6 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 42% of the population while homeowners are at about 58% of the population.
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Studio Median Rent
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1BR Median Rent
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2BR Median Rent
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3BR Median Rent
PUBLIC TRANSIT
206
Lincoln Ave SW & Chicago Av (Under 500 ft - 3 min walk)
Pierce Transit
206
Lincoln Ave SW & Boston Av (550 ft - 3 min walk)
Pierce Transit
206
McChord Dr SW & Lincoln Ave SW (850 ft - 4 min walk)
Pierce Transit
206
McChord Dr SW & Lincoln Ave SW (930 ft - 4 min walk)
Pierce Transit
206
Lincoln Ave SW & San Francisco Av (0.20 mi - 5 min walk)
Pierce Transit

Nearby Schools

(within attendance boundary)
11920 Seminole Rd Sw, Lakewood, WA 98499
Public  •  Elementary  •  Grades PK to 5
Clover Park School District
Lochburn Middle School  •  2.6 mi
5431 Steilacoom Blvd Sw, Lakewood, WA 98499
Public  •  Middle School  •  Grades 6 to 8
Clover Park School District
Clover Park High School  •  1.17 mi
11023 Gravelly Lk Dr Sw, Lakewood, WA 98499
Public  •  High School  •  Grades 9 to 12
Clover Park School District
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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