NOT LISTED FOR SALE

2547 Locust Ave W University Place, WA 98466

Estimated Value: $557,561 - $583,000

3 Beds
1 Bath
1,644 Sq Ft
$347/Sq Ft Est. Value

Last Sold September 17, 2019

Last sale price $374,900 $228 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,633/month

85 Days on Market

Highlights

  • Craftsman Architecture
  • Deck
  • Gazebo
  • University Place Primary School Rated A
  • 1 Fireplace
  • Patio

About This Home

As of September 2019

Spectacular remodel of University Place Craftsman. Almost Everything is new! New cabinets, quartz counter tops, and stainless steel appliances. Beautiful new full bathroom down and new spacious three quarter bath upstairs. Large front porch will accommodate chairs and a table. The backyard has a covered picnic area for year-round use! Abundant parking off the alley with covered carport and big storage shed. Very clean unfinished basement. Great University Place location!

Last Listed By

Gary Viert

Better Properties Real Estate License #10572 Listed on: 05/22/2019

Better Properties Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1460400

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,283

Year Built

  • Built in 1910

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Garden

Parking

  • Detached Carport Space

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Laminate Flooring
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Outdoor Features

  • Deck
  • Patio
  • Gazebo
  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • University Place Community

Listing and Financial Details

  • Assessor Parcel Number 476500-017-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,283

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 17 - 1 1/2 Stry W/Bsmt
  • Architecture: Craftsman
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw, Dining Room
  • Floor Covering: Laminate
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Unfinished
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1644

Exterior Features

  • Exterior: Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Carport-Detached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air, Wall
  • Power Company: Tacoma
  • Sewer: Sewer Connected
  • Sewer Company: Pierce County
  • Water Company: Tacoma
  • Water Heater: basement-gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: University Place

Schools

  • School District: UNP

Lot Info

  • Lot Details: Alley, Paved Street
  • Lot Sq Ft: 8820
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 476500-017-0
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 3563

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2019
Closed on
Sep 12, 2019
Sold by
Torre Russell Llc
Bought by
Trengove Sean Michael and Trengove Courtney Elizabeth
Seller's Agent
Gary Viert
Better Properties Real Estate
Buyer's Agent
Shelley Heck
Windermere Abode
List Price
$420,000
Sold Price
$374,900
Premium/Discount to List
-$45,100
-10.74%
Total Days on Market
85
Current Estimated Value
$570,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,490
Avg. Annual Appreciation
7.67%
Original Mortgage
$356,155
Outstanding Balance
$315,948
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$254,442

Purchase Details

Listed on
Jul 11, 2017
Closed on
Aug 2, 2017
Sold by
Porretta Julie R and Borum Julie R
Bought by
Torre Russell Llc
Seller's Agent
Amanda Prather
Better Homes and Gardens RE PC
Buyer's Agent
Gary Viert
Better Properties Real Estate
List Price
$264,990
Sold Price
$235,000
Premium/Discount to List
-$29,990
-11.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.31%
Original Mortgage
$242,050
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2001
Sold by
Borum Wilburn L
Bought by
Porretta Julie R and Borum Julie R

Purchase Details

Closed on
Sep 20, 1996
Sold by
Fain Donna R and Ofsthun Donna R
Bought by
Borum Wilburn L and Borum Julie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,579
Interest Rate
7.87%
Mortgage Type
FHA

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
Trengove Sean Michael $374,900 Fidelity National Title
Torre Russell Llc $234,719 Chicago Title
Porretta Julie R -- None Available
Borum Wilburn L $151,241 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trengove Sean Michael $356,155
Previous Owner Torre Russell Llc $242,050
Previous Owner Porretta Julie R $50,000
Previous Owner Porretta Julie R $160,000
Previous Owner Borum Wilburn L $128,579
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2019 09/17/19 Sold $374,900 0.0% $228 / Sq Ft
08/15/2019 08/15/19 Pending -- -- --
08/01/2019 08/01/19 Price Changed $374,900 -1.1% $228 / Sq Ft
07/09/2019 07/09/19 Price Changed $379,000 -2.6% $231 / Sq Ft
06/14/2019 06/14/19 Price Changed $389,000 -1.8% $237 / Sq Ft
05/30/2019 05/30/19 Price Changed $396,000 -5.7% $241 / Sq Ft
05/22/2019 05/22/19 For Sale $420,000 +78.7% $255 / Sq Ft
08/21/2017 08/21/17 Sold $235,000 -11.3% $143 / Sq Ft
07/19/2017 07/19/17 Pending -- -- --
07/11/2017 07/11/17 For Sale $264,990 -- $161 / 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 $5,283 $512,500 $278,700 $233,800
2023 $5,283 $439,900 $261,600 $178,300
2022 $5,062 $473,000 $273,600 $199,400
2021 $4,607 $328,900 $176,200 $152,700
2019 $3,563 $309,400 $157,500 $151,900
2018 $3,793 $270,600 $134,000 $136,600
2017 $3,404 $238,300 $111,100 $127,200
2016 $3,301 $197,700 $87,500 $110,200
2014 $3,045 $186,400 $81,200 $105,200
2013 $3,045 $168,700 $72,900 $95,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1460400

Northwest Multiple Listing Service (NWMLS)

APN: 476500-0170