Listed by 206 REALTY LLC, Bought with John L. Scott, Inc
NOT LISTED FOR SALE

2543 Locust Ave W University Place, WA 98466

Estimated Value: $553,000 - $660,000

3 Beds
1.5 Baths
1,296 Sq Ft
$468/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $650,000 $502 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,640/month

Highlights

  • Lake View
  • Fruit Trees
  • No HOA
  • University Place Primary School Rated A
  • Deck
  • Storm Windows

About This Home

As of May 2022

Beautifully Remodeled, 3 bedroom, 2 baths on a spacious lot in University Place. Main floor features a charming living room, a big dining room, that opens to the Kitchen. Upstairs features the master bedroom with master bath and private balcony, 2nd bedroom with built in cabinetry in both rooms for plenty of storage. Partially finished basement, currently being used as a home gym/ storage. Private fully fenced backyard, with outside shed storage, and relaxing sitting area with fire pit. This home is move in ready!

Last Agent to Sell the Property

Daniel Palanciuc

206 REALTY LLC License #130594 Listed on: 04/27/2022

Co-Listed By

Nicolae Leva

206 REALTY LLC License #140316

Last Buyer's Agent

Janette Matugas

John L. Scott, Inc License #84041

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1909048

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,834

Year Built

  • Built in 1910

Lot Details

  • 6,300 Sq Ft Lot
  • Dog Run
  • Property is Fully Fenced
  • Sloped Lot
  • Fruit Trees
  • Garden
  • Property is in very good condition
  • Zoning described as R1

Parking

  • Off-Street Parking

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,296 Sq Ft Home
  • 2-Story Property
  • Dining Room
  • Storm Windows
  • Partially Finished Basement

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outbuilding

Schools

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

Utilities

  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • University Place Subdivision

Listing and Financial Details

  • Legal Lot and Block 10 / 2
  • Assessor Parcel Number 4765000162

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,834

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 1910
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Jackson Island Views
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1976
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Basement: Partially Finished
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl Plank
  • Interior Amenities: Forced Air, Ceramic Tile, Double Pane/Storm Window, Dining Room, Water Heater
  • Living Area: 1296
  • Main Level Bedrooms: 1
  • Bathrooms: 1.25
  • BathsFullMain: 0
  • SquareFootageFinished: 1296
  • SquareFootageUnfinished: 680
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s), See Remarks, Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: None, Off Street

Utilities

  • Sewer: Available, Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • HeatingCoolingType: Forced Air
  • PowerCompany: TPU/PSE
  • SewerCompany: Pierce County
  • WaterCompany: TPU
  • WaterHeaterLocation: Basement
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: University Place
  • High School: Curtis Snr High
  • Middle Or Junior School: Narrows View Interme

Lot Info

  • Parcel Number: 4765000162
  • Topography: PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.1446
  • Lot Size: 6300
  • Lot Size Sq Ft: 6300
  • Zoning Description: R1
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dog Run,Fenced-Fully,Gas Available,High Speed Internet,Outbuildings
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City
  • LotNumber: 10

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4834

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: University Pl Primar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2019
Closed on
Apr 10, 2019
Sold by
Schaffrick Hope
Bought by
Railean Dumitru and Railean Gabriela
Seller's Agent
Cheri Warner
Principle Homes NW
Buyer's Agent
Greg Stock
Keller Williams Rty Tacoma
List Price
$399,900
Sold Price
$360,000
Premium/Discount to List
-$39,900
-9.98%
Current Estimated Value
$607,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,051
Avg. Annual Appreciation
8.40%
Original Mortgage
$349,200
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2015
Closed on
Sep 18, 2015
Sold by
By Mcm Capital Partners Llc
Bought by
Schaffrick Hope
Seller's Agent
Guy Rowley
Keller Williams Rty Tacoma
Buyer's Agent
Deb Zessin
Better Properties Real Estate
List Price
$240,000
Sold Price
$235,000
Premium/Discount to List
-$5,000
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.77%
Original Mortgage
$230,743
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 10, 2014
Sold by
Mattox Darren and Mattox Mary
Bought by
Ventures Trust 2013-1-H-R and Mcm Capital Partners Llc

Purchase Details

Closed on
Apr 15, 2004
Sold by
Peterson Mark S
Bought by
Jones Mary and Mattox Darren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
5.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 1, 2004
Sold by
Wray Ivan
Bought by
Peterson Mark S and Peterson Nancy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
5.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 27, 2004
Sold by
Sheldon Kristine J
Bought by
Wray Ivan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
5.35%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
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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
Railean Dumitru $360,000 Chicago Title
Schaffrick Hope $235,000 Linear Title & Closing
Ventures Trust 2013-1-H-R $203,000 None Available
Jones Mary $220,000 Fidelity National Title Co
Peterson Mark S $237,000 Chicago Title Insurance Co
Wray Ivan -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Railean Dumitru $349,200
Previous Owner Jones Mary $176,000
Previous Owner Peterson Mark S $191,207
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2022 05/24/22 Sold $650,000 +12.3% $502 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $579,000 +60.8% $447 / Sq Ft
04/18/2019 04/18/19 Sold $360,000 -10.0% $278 / Sq Ft
03/21/2019 03/21/19 Pending -- -- --
03/14/2019 03/14/19 For Sale $399,900 +70.2% $309 / Sq Ft
09/29/2015 09/29/15 Sold $235,000 -2.1% $119 / Sq Ft
07/13/2015 07/13/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $240,000 -- $121 / 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
2025 $5,219 $508,000 $263,800 $244,200
2024 $5,219 $467,100 $259,800 $207,300
2023 $5,219 $434,300 $237,800 $196,500
2022 $4,834 $451,400 $248,700 $202,700
2021 $4,404 $313,700 $160,100 $153,600
2019 $3,215 $272,400 $143,100 $129,300
2018 $3,413 $242,500 $119,400 $123,100
2017 $3,065 $213,000 $98,900 $114,100
2016 $2,955 $175,800 $77,900 $97,900
2014 $2,801 $165,500 $72,400 $93,100
2013 $2,801 $150,100 $64,900 $85,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1909048

Northwest Multiple Listing Service (NWMLS)

APN: 476500-0162