NOT LISTED FOR SALE

1916 Bridgeport Way W University Place, WA 98466

Estimated Value: $599,722 - $667,000

5 Beds
2 Baths
1,096 Sq Ft
$572/Sq Ft Est. Value

About This Home

Spacious, Newly Updated Apartment in Ideal Tacoma Location Long-Term Rental

Welcome to your future home! This spacious, updated apartment offers a perfect balance of comfort, privacy, and convenience. Located just blocks from Whole Foods, Trader Joe's, and minutes from Highway 16, Downtown Tacoma, Gig Harbor, and Chambers Bay Golf Course, this apartment is ideally situated to access local shops, restaurants, parks, and stunning views of Puget Sound and the Olympic Mountains.

The Space
Designed for comfort, this apartment features:

Two cozy bedrooms with queen-sized beds and ample storage space.
A galley style kitchen with modern appliances, including a sink, oven, stove, large fridge, perfect for preparing home-cooked meals.
A comfortable living room.
A full-size washer and dryer in-unit for added convenience.
Extra storage space in the utility room.
Enjoy the backyard garden, complete with Japanese Maples, or fire up the grill for weekend BBQs.

The unit is available as a fully furnished unit or unfurnished.

Access
This apartment is a fully separate unit with its own private entrance, offering you complete privacy and security.

Location
Take a short stroll to Chambers Bay to enjoy breathtaking views of the Narrows Bridge, Puget Sound, and the Olympic Mountains. This apartment is conveniently located for quick access to everything Tacoma and Gig Harbor have to offer outdoor activities, dining, shopping, and entertainment.Application Process
Each person over the age of 18 who will be living in the apartment must submit a separate application and processing fee. Incomplete applications will not be processed, and false information will result in immediate disqualification.
The processing of applications typically takes 1-3 days and includes direct contact with employers, current and previous landlords, personal references, law enforcement agencies, and credit reporting agencies. A consumer report will be used to process all applications. Reusable tenant screening report is not accepted.
If an applicant is denied or faces any adverse action based on the consumer report, they have the right to request a copy of the report and dispute any inaccuracies.

Deposit to Hold
After approval, if the tenant will not be moving in within 24 hours, a non-refundable Deposit to Hold equal to one month's rent is required within 24 hours to hold the property until a mutually agreed-upon move-in date.
The maximum time the property will be held is 14 days. Once the lease is signed, the Deposit to Hold will be applied as the security deposit.
If the applicant does not provide the Deposit to Hold within 24 hours, the home will be offered to the next qualified applicant.

Move-in Requirements
Upon approval, move-in funds (security deposit, first month's rent, and any other fees) must be paid before occupancy.
Tenant-paid utilities: electricity, water, sewer, trash services.
A lease agreement must be signed by all parties.

Qualification Standards
Monthly income must be at least three times the rent. All income must be verifiable.
Applicants must have positive references from all previous landlords for the past 5 years.
No evictions or unpaid judgments from previous landlords.
Credit score must be a minimum of 600.
A background check will be conducted for all applicants over 18.
Applicants must be non smokers.
Occupancy is limited to 2 people per bedroom.

Compensating Factors
If an applicant fails to meet any of the above criteria, compensating factors, such as an additional security deposit or a co-signer, may be considered. In the case of multiple applicants, the most qualified applicant will be selected based on the criteria above.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2024
Sold by
Stuart Ethan Alexander
Bought by
Liew Zi Yi
Current Estimated Value
$626,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,250
Outstanding Balance
$580,904
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$30,052

Purchase Details

Closed on
Nov 1, 2022
Sold by
Uhrich Leslie W and Uhrich Diane M
Bought by
Alexander Stuart Ethan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,470
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 1994
Sold by
Otis Glen R
Bought by
Uhrich Leslie W and Uhrich Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
9.1%

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Liew Zi Yi $615,000 None Listed On Document
Alexander Stuart Ethan -- Wfg National Title Company Of
Uhrich Leslie W $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liew Zi Yi $584,250
Previous Owner Alexander Stuart Ethan $508,470
Previous Owner Uhrich Leslie W $106,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 Off Market -- -- --
01/17/2025 01/17/25 For Rent -- -- --

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,863 $505,300 $263,900 $241,400
2023 $5,863 $484,600 $252,300 $232,300
2022 $5,567 $497,500 $263,900 $233,600
2021 $4,971 $351,800 $169,900 $181,900
2019 $3,937 $324,800 $151,900 $172,900
2018 $4,183 $296,100 $131,200 $164,900
2017 $3,692 $260,300 $108,700 $151,600
2016 $3,438 $204,500 $85,600 $118,900
2014 $3,123 $191,100 $79,500 $111,600
2013 $3,123 $175,200 $71,400 $103,800
Source: Public Records

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