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$259,000
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Property Description
Come take a look at this Sparkler! Note that Sellers have completed a Pre-Inspection of the home. This immaculate, 2-bedroom, 1 bath with garage, condominium is located in Cottage Woods. Cottage Woods is a duplex style 55+ condo community in the city of Lakewood, noted for its quiet, and lovely surroundings. This single level, no stair entry home comes with a fully fenced backyard. Sellers have installed new carpet, vinyl, paint, and faucets--the interior glows like new! The new roof was installed approximately 1 year ago. All appliances convey with sale. This condo located at the end of a cul-de-sac, checks off all of the boxes for comfortable, affordable, excellence. It's conveniently located in the heart of the city, providing easy access to stores, medical facilities, restaurants, libraries, and more. The reasonably priced HOA monthly dues include water, trash, and yard maintenance. Units in this clean, quaint community do not come on the market often. Be the fortunate one to call this beauty your home!
Full Property Details
Full Property Details for 8221 SW Paine #8221
General
- Price: $259,000
- HOA FEE: $345/month
- Taxes: $2,255 (2026)
- Status: Active
- Type: Condo
- Source: NWMLS
- MLS ID: 2516154
- Updated: 7/3/2026
- Added to Site: 74 day(s) ago
Interior
- Interior Features: Insulated Windows
- Appliances: Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Flooring: Laminate, Vinyl, Carpet
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 2
Parking
- Garage: Yes
- Covered Spaces: 1
- Uncovered Spaces: 1
- Parking Features: Individual Garage
Location
- Area: 36 - Lakewood
- County: Pierce
- Subdivision: Lakewood
- Building Name: Cottage Grove
- Driving Directions: From I5 South take Exit 124. Turn rt onto Gravelly Lake Dr SW, then turn left onto Nyanza Rd SW/100th St SW. Turn rt onto 86th St SW. take an immediate right onto Paine St. 8221 will be on the right.
School Information
- High School District: Clover Park
- Elementary School: Buyer To Verify
- Middle School: Buyer To Verify
- High School: Buyer To Verify
Community
- Association: Yes
- Assoc. Fees Include: Common Area Maintenance, Lawn Service, Trash, Water
- Units Assoc/Comm: 12
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Structural Information
- Architectural Style: Traditional
- Structure Type: Condominium
- Exterior Const.: Wood
- Roof: Composition
- Entry Location: Main
- Stories in Building: 1
- Square Feet: 682
- Year Built: 1967
Unit Information
- Units in Building: 2
- Unit Features: Insulated Windows, Yard
Lot Features
- Property View: Territorial
- Lot Size Source: Public Records
- Lot Features: Cul-De-Sac, Dead End Street, Paved
Green Features
- Energy Efficient: Insulated Windows
Financial Considerations
- Association Fee: $345
- Assoc Fee Freq.: Monthly
- Tax Amount: $2,255.5
- Tax Year: 2026
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: None
- Inclusions: Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Property ID: 9006990090
Listed by Carolyn Allen | Paramount Real Estate Group | (360) 874-0500
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Schools
Schools serving 8221 SW Paine #8221
School District:Clover Park School District
| Name | Grades | Distance |
|---|---|---|
Dower Elementary School 7817 John Dower Road West, Lakewood, WA 98499 | K-5 | 0.3 mi |
Lochburn Middle School 5431 Steilacoom Boulevard Southwest, Lakewood, WA 98499 | 6-8 | 0.7 mi |
Harrison Preparatory School 9103 Lakewood Drive Southwest, Lakewood, WA 98499 | 6-12 | 1.1 mi |
Clover Park High School 11023 Gravelly LK DR SW, Lakewood, WA 98499 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8221 SW Paine #8221
Date
Details
Price
Change
Source
6/04/2026
Price Reduced
$259,000
-7.33%
MLS
5/01/2026
Listed
$279,500
74.74%
MLS
5/24/2007
Sold
$159,950
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8221 SW Paine #8221
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,668
—
$241,600
-2%
2024
$2,668
3%
$245,500
-1%
2023
$2,578
10%
$247,600
25%
2022
$2,336
7%
$197,900
20%
2021
$2,178
9%
$165,500
13%
2020
$2,000
23%
$146,300
16%
2018
$1,622
—
$125,600
16%
2018
$1,622
1%
$108,400
4%
2017
$1,612
17%
$103,900
18%
2016
$1,379
2%
$87,800
3%
2014
$1,353
—
$85,000
5%
2014
$1,353
—
$80,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8221 SW Paine #8221
8221 SW Paine #8221, Lakewood, WA 98499 (MLS# 2516154) is a Condo property with 2 bedrooms and 1 full bathroom. 8221 SW Paine #8221 is currently listed for $259,000 and was received on May 01, 2026. Want to learn more about 8221 SW Paine #8221? Do you have questions about finding other Condo real estate for sale in Lakewood? You can browse all Lakewood real estate or contact a Coldwell Banker agent to request more information.

