NOT LISTED FOR SALE

2542 Locust Ave W University Place, WA 98466

Estimated Value: $669,000 - $892,000

5 Beds
2 Baths
2,398 Sq Ft
$322/Sq Ft Est. Value

Last Sold October 04, 2013

Last sale price $353,000 $147 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $4,885/month

72 Days on Market

About This Home

As of October 2013

Beautiful 1910 Craftsman in the heart of University Place awaits you! Remodeled to be modern & energy efficient while still boasting its old world charm. This lovely home features beautiful, original trim & fir floors on main & upper levels, granite counters w/ tile back splash in kitchen, master suite w/ peek a boo views of mountains & sound, new Pella wood windows, newer roof, and updated plumbing & electrical. Just move in and enjoy. All this and UP schools too!

Last Listed By

Elsa Borgen

Engel & Voelkers Chambers Bay License #23028070 Listed on: 06/12/2013

Engel & Voelkers Chambers Bay

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM500799

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$6,695

Year Built

1910

Lot Details

0

Listing Details

  • Condition: Remodeled
  • Sq Ft Finished: 2398
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1910

Interior Features

  • Appliances: Dishwasher, Double Oven, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Fireplaces: 1
  • Basement: Fully Finished
  • Features: Bath Off Master, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, French Doors, High Tech Cabling, Security System, Walk-in Closet
  • Fireplaces: 1
  • Floor: Ceramic Tile, Fir/Softwood, Hardwood, Wall to Wall Carpet
  • Water Heater Location: Basement-Gas

Exterior Features

  • Roof: Composition
  • Exterior: Wood
  • Foundation: Concrete Block, Poured Concrete
  • Lot Details: Alley, Paved Street
  • Roof: Composition
  • Site Features: Cable TV, Deck, Full Fence, High Speed Internet, Patio, Shop
  • View: Mountain, Partial, Sound
  • Lot Topography: Garden Space, Level

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Spaces: 2

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Double Oven, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Heating and Cooling: Forced Air
  • Power Company: TPU/PSE
  • Sewer: Connected
  • Sewer Company: Pierce County Sewer
  • Water Company: TPU
  • Water Source: Public

Schools

  • School District: UNP
  • Elementary School: University Pl Primar
  • Middle School: Narrows View Interme
  • High School: Curtis Snr High

Lot Info

  • Lot Dimensions: 51x123

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2013
Closed on
Oct 1, 2013
Sold by
Contreras Kenneth S and Woodley Christa M
Bought by
Wallace Frankie L and Rohr Eric C
Seller's Agent
Elsa Borgen
Engel & Voelkers Chambers Bay
Buyer's Agent
Leslie Ota
Windermere Real Estate Midtown
List Price
$365,000
Sold Price
$353,000
Premium/Discount to List
-$12,000
-3.29%
Total Days on Market
72
Current Estimated Value
$773,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$420,011
Avg. Annual Appreciation
6.80%
Original Mortgage
$312,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 3, 2009
Sold by
Krause Michael and Krause Annie
Bought by
Contreras Kenneth S and Woodley Christa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,494
Interest Rate
5.19%
Mortgage Type
VA

Purchase Details

Closed on
Jun 3, 2009
Sold by
Dennis Gerald T
Bought by
Krause Michael and Krause Annie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,104
Interest Rate
4.76%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 29, 2009
Sold by
Eastside Funding Llc
Bought by
Krause Michael and Krause Annie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,104
Interest Rate
4.76%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 14, 2006
Sold by
Dennis Virginia M
Bought by
Dennis Gerald T

Purchase Details

Closed on
Aug 22, 2003
Sold by
Dennis Gerald T
Bought by
Dennis Gerald T and Dennis Virginia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 2001
Sold by
Dennis Gerald T
Bought by
Dennis Gerald T and Dennis Virginia M

Purchase Details

Closed on
Sep 10, 2001
Sold by
Dennis Gerald T
Bought by
Dennis Gerald T and Dennis Virginia M

Purchase Details

Closed on
Feb 2, 1996
Sold by
Dennis Gerald T and Dennis Virginia M
Bought by
Dennis Gerald T and Dennis Virginia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,500
Interest Rate
7.1%

Range of Values:

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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
Wallace Frankie L -- Ticor
Contreras Kenneth S $318,000 Fidelity Natl Title Ins Co
Krause Michael $152,000 None Available
Krause Michael -- None Available
Dennis Gerald T -- None Available
Dennis Gerald T -- Fat
Dennis Gerald T -- --
Dennis Gerald T -- --
Dennis Gerald T -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Frankie Lee $285,000
Closed Wallace Frankie L $274,050
Closed Wallace Frankie L $312,000
Previous Owner Contreras Kenneth S $328,494
Previous Owner Krause Michael $104,104
Previous Owner Dennis Gerald T $304,000
Previous Owner Dennis Gerald T $211,000
Previous Owner Dennis Gerald T $136,000
Previous Owner Dennis Gerald T $68,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2013 10/04/13 Sold $353,000 -3.3% $147 / Sq Ft
08/23/2013 08/23/13 Pending -- -- --
06/12/2013 06/12/13 For Sale $365,000 -- $152 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $6,695 $604,500 $259,300 $345,200
2023 $6,695 $563,300 $237,200 $326,100
2022 $6,387 $606,600 $248,100 $358,500
2021 $6,001 $433,300 $159,800 $273,500
2019 $4,917 $414,300 $142,800 $271,500
2018 $5,287 $380,000 $119,000 $261,000
2017 $4,738 $337,700 $98,700 $239,000
2016 $4,675 $282,900 $77,700 $205,200
2014 $3,311 $269,200 $72,200 $197,000
2013 $3,311 $218,200 $64,800 $153,400
Source: Public Records

Agents Affiliated with this Home

  • Elsa Borgen

    Seller's Agent in 2013

    Elsa Borgen

    Engel & Voelkers Chambers Bay

    (253) 606-8212

    3 in this area

    38 Total Sales

    Elsa Borgen
    Section Image
  • Leslie Ota

    Buyer's Agent in 2013

    Leslie Ota

    Windermere Corporate

    (206) 251-8455

    61 Total Sales

    Leslie Ota
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM500799

Northwest Multiple Listing Service (NWMLS)

APN: 476500-0250

Washington Pierce County University Place 98466

2542 Locust Ave W, University Place, WA

Homes for Sale in University Place, WA

This home is located at 2542 Locust Ave W, University Place, WA 98466 since 12 June 2013 and is currently estimated at $773,011, approximately $322 per square foot. This property was built in 1910. 2542 Locust Ave W is a home located in Pierce County with nearby schools including University Place Primary School, Evergreen Primary School, and Narrows View Intermediate School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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