147th Street

Lakewood | Washington

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$900,000

7407 147th Street, Lakewood, WA 98439, Lakewood, Washington, United States. - Photo 1

7407 147th Street, Lakewood, WA 98439, Lakewood, Washington, United States. - Photo 2

7407 147th Street, Lakewood, WA 98439, Lakewood, Washington, United States. - Photo 3

7407 147th Street, Lakewood, WA 98439, Lakewood, Washington, United States. - Photo 4

7407 147th Street, Lakewood, WA 98439, Lakewood, Washington, United States. - Photo 5

7407 147th Street, Lakewood, WA 98439, Lakewood, Washington, United States. - Photo 6

7407 147th Street, Lakewood, WA 98439, Lakewood, Washington, United States. - Photo 7

7407 147th Street, Lakewood, WA 98439, Lakewood, Washington, United States. - Photo 8

7407 147th Street, Lakewood, WA 98439, Lakewood, Washington, United States. - Photo 9

7407 147th Street, Lakewood, WA 98439, Lakewood, Washington, United States. - Photo 10

7407

147th Street

Lakewood | Washington

7407 147th Street, Lakewood, WA 98439, Lakewood, Washington, United States. , Lakewood , Washington 98439

41 Lakewood/Tillicum

BUILDER DEVELOPER ALERT!! Structually ready to build 13 townhomes or apartments on level lot in great location . This property is located minutes from freeways,AMAZON,JBLM and Lakewood town center. The seller has plans and drawings in place to build towhomes or apartments with City of Lakewood. Architectural drawing and most of civil work is completed to submit for permits. Power,water and sewer are located on the property as well as a new 6ft cedar fence installed for privacy. The property is mostly flat with gental slope to back of property. The property is cleared of all debri and ready to build soon. This is the perfect project for all developers or investors. Schedule a showing or call for more details before its gone.

Property

Property Location

7407 147th Street, Lakewood, WA 98439, Lakewood, Washington, United States., Lakewood Washington

Local Weather & Climate

Lakewood, Washington

Current Conditions Updated recently

53 °F

Overcast clouds

Feels Like 52°F

Humidity 85%

Wind 6 mph

Visibility 6.2 mi

Sunrise 2:46 PM

Sunset 1:57 AM

5-Day Forecast

Tue 3 Mar

Rain

High 53°

Low 53°

Wed 4 Mar

Rain

High 54°

Low 40°

Thu 5 Mar

Rain

High 51°

Low 42°

Fri 6 Mar

Clouds

High 54°

Low 40°

Sat 7 Mar

Clouds

High 53°

Low 46°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Lakewood?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (United States)

$0 Est. First Year Interest Deduction

$0 Est. Annual Tax Savings

*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Tax Information Disclaimer

The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
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Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

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$90,000,000

7407 147th Street, Lakewood, WA 98439, Lakewood, Washington, United States.

Lakewood, Washington 98439

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Market Opinion

Ultra Luxury 70.6× median

View prices in:

Our perspective on current market conditions in Lakewood. For informational purposes only — always consult a licensed real estate professional before making decisions.

Neutral Market

Balanced conditions. Negotiate wisely.

Buyer Score

Local Market Price Trends

Median home sale prices in Lakewood, Washington — ZIP code 98439 over the last 24 months. This shows how property values in this neighborhood have changed over time, helping you understand whether the market is appreciating, stable, or cooling.

This property is listed at $90,000,000

Area median: $1,275,000

Market Competition

100%

Sale-to-List Ratio

At asking

Future Value & Wealth Building

Starting investment: $900,000 20% down ($180,000)

26.6 years

Double Your Investment

Based on current market trends, your property value could double

$550,127

10-Year Equity

Your potential equity after 10 years of payments and appreciation

$4,790

Monthly Investment

Estimated monthly mortgage payment (principal & interest)

$1,967,055

30-Year Wealth Potential

Total equity after full mortgage payoff with market appreciation

3.1x

Leverage Power

Your $180,000 down payment could grow to $550,127 in equity (10 yrs)

Investment Perspective

$1 → $1.30

Every dollar invested today could become $1.30 in 10 years

$100 → 130 $1,000 → $1,298

$65/day

Your home may appreciate while you sleep

$457/week $1,980/mo $23,765/yr

$100K Investment Comparison (10 Years)

Real Estate (Leveraged)

$249K

S&P 500 Index

$259K

High-Yield Savings

$155K

Real estate leverage: potential -4% advantage over stocks

-$495K

+$550K

$550K Potential Equity

vs $495K lost to rent over 10 years

$180K Down Payment Growth

3.1x

10yr

$550K

6.1x

20yr

$1.1M

10.9x

30yr

$2.0M

Wealth Comparison

×5

Equivalent to 5 average US homes

top 10%

US household wealth ranking

Median: $193K Yours: $2.0M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

26.6

years

Market-Based

2.64% effective/yr

16.2

years

Optimistic

4.38% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $1.1M +18%

Market $1.2M +30%

Optimistic $1.4M +53%

$550K est. equity

20 Years

Conservative $1.2M +39%

Market $1.5M +68%

Optimistic $2.1M +136%

$1.1M est. equity

30 Years

Conservative $1.5M +63%

Market $2.0M +119%

Optimistic $3.3M +261%

$2.0M est. equity

Historical Market Context

How current appreciation compares to long-term averages

National Long-Term Average

4.27 %

1967 – 2024

57 years of U.S. home price data

Recent Decade Average

6.5 %

2014 – 2024

Post-recovery bull market

Historical Norm

Current 3.5% appreciation is in line with historical norms. Conservative projections are well-grounded.

Projections account for historical market cycles (~12% corrections every 6 years). Effective annual growth after corrections: 2.6%. Market scenario reflects current 3.5% YoY trend from Redfin (Jan 2026). These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from U.S. Census Bureau, World Bank, Zillow, and Redfin | Market data updated Jan 2026

Neighborhood Demographics

ZIP 98439 • 2022 ACS Data

5,679 Population

Median Age: 25.0

$44,135 Median Income

Below Average

$18,500 Median Home Value

Rent: $1,372

12.2% College Graduates

Below Average

Housing

Homeowners 6.7%

Renters 82.8%

Vacancy Rate 10.5%

Employment

11.2% Unemployment

1.6% Work From Home

Education Attainment (Age 25+)

High School+ 84.6%

Bachelor's+ 12.2%

Graduate+ 2.9%

Data from U.S. Census Bureau American Community Survey 2022

Local Market Trends

Real estate market data for Lakewood

Balanced Market Balanced market conditions

$1,275,000

Median Sale Price

$701

Price per Sq Ft

Data provided by RentCast

Frequently Asked Questions

Common questions about this property

What is the listing price for 7407 147th Street, Lakewood, WA 98439, Lakewood, Washington, United States?

This property is listed at $90,000,000.

What are the current real estate market conditions in Lakewood?

In Lakewood, it's currently a unknown. These market conditions can affect pricing strategies and negotiation opportunities.

Is now a good time to buy a home in Lakewood?

Based on current market indicators, Lakewood shows an active market. The market opportunity score is 50 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is 7407 147th Street, Lakewood, WA 98439, Lakewood, Washington, United States?

This is a land parcel located in Lakewood, Washington. The property is situated in an established neighborhood with convenient access to local amenities and services.

Brokerage: