APN: 0020022026 Standard Ad Valorem Roll

512 KEY PENINSULA HWY SW

TACOMA, WA 98349-8609 • PIERCE County Jurisdiction
Financial & Assessment Core
Certified Just Value
$415,000
Taxable Assessed Value
$415,000
Est. Benchmark Tax (Unadjusted)
$3,901 / yr
at 0.94% benchmark baseline
Cadastral Land Area
5.13 Acres
223,462 sq ft
Cadastral Attributes & Deed Registry
Recorded Legal Owner Public Assessment Record
Mailing Address 512 KEY PENINSULA HWY SW, LAKEBAY WA
Land Classification 1155/MH TITLE ELIM
Improvement Share 40% Structure • 60% Land
Legal Description Section 02 Township 20 Range 00 Quarter 24 : POR OF SE OF NW & SW OF NE DESC AS FOLL COM AT NE COR OF SE OF NW TH ALG N LI SD SUBD N 87 DEG 52 MIN 40 SEC W 435.15 FT TH S 27 DEG 13 MIN 44 SEC W 254.22 FT TO POB TH CONT S 27 DEG 13 MIN 44 SEC W 261.0 FT T
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Cadastral Analysis & Tax Equity Simulation

Interactive Simulator

512 KEY PENINSULA HWY SW is cataloged under the Pierce County, WA property tax appraisal roll with a certified market valuation of $415,000. Structural improvements constitute 40% ($167,500) of total parcel value, with allocated land value accounting for 60% ($247,500). Based on the prevailing WA benchmark tax rate of 0.94%, estimated annual ad valorem taxes are approximately $3,901/year.

Property Tax Appeal Savings Simulator
Slide left to simulate lower certified comp value
Target Valuation: $415,000
-50% ($207,500) Current Roll ($415,000)
Est. Tax Reduction
$0 / yr
(Current assessed baseline)
Simulated at PIERCE County benchmark millage rate of 0.94%.
Step-by-step appeal guide →
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Nearby Properties in PIERCE County

Adjacent Property & Address City Just Valuation
TACOMA $1,117
TACOMA $2,771
TACOMA $542,300
TACOMA $135,200
TACOMA $118,560
TACOMA $237,300