Listed by Berkshire Hathaway HS NW, Bought with Windermere Prof Partners
NOT LISTED FOR SALE

2733 Mountain View Ave W Unit 2735 University Place, WA 98466

Estimated Value: $745,595 - $969,000

4 Beds
2 Baths
2,600 Sq Ft
$318/Sq Ft Est. Value

Last Sold February 12, 2024

Last sale price $840,000 $323 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,973/month

4 Days on Market

Highlights

  • RV Access or Parking
  • Mountain View
  • No HOA
  • Evergreen Primary School Rated A
  • Wood Flooring
  • Patio

About This Home

As of February 2024

University Place Duplex w/ Additional Lot Previously zoned to build a residential unit or possible shop or garage. A great investment to live in one unit & rent out the other, or possibly Multigenerational living. This Duplex has been beautifully updated and maintained. The larger unit has 3 beds and 2 baths, the smaller unit has 2 beds & 1 bath. Many updates have been done including new Electrical panels and outlets, & some new plumbing. The 2 main kitchens have been fully redone with an extra kitchen prep area with plumbing in the main unit. New flooring in both units, updated baths and paint. All of the internal doors have been replaced along with 4 new front, back & storm doors. New roof to be installed. Lot included, I.D. 448000-035-0

Last Agent to Sell the Property

The Henke/Knitte Real Estate Team

Berkshire Hathaway HS NW License #125111 Listed on: 01/17/2024

Berkshire Hathaway HS NW

Last Buyer's Agent

Mark Bergman

Windermere Prof Partners License #71778

Windermere Prof Partners

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2191500

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,965

Year Built

  • Built in 1960

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 99x93
  • Partially Fenced Property
  • Sprinkler System
  • Property is in very good condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,600 Sq Ft Home
  • 1-Story Property
  • Mountain Views

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Patio

Schools

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

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • University Place 2Nd Div Condos
  • University Place Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 918020-061-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,965

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1960
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: University Place 2nd Div
  • New Construction: No
  • CalculatedSquareFootage: 2600
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Ceramic Tile, Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: SecuritySystem, FullyFenced
  • Cooling: Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: Ductless HP-Mini Split, Forced Air
  • Heating Yn: Yes
  • PowerCompany: City of Tacoma
  • SewerCompany: City of tacoma
  • WaterCompany: City of Tacoma
  • CableConnected: Direct TV
  • WaterSewerGarbage: 2040

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: 918020-061-0
  • Lot Size Acres: 0.2066
  • Lot Size: 99x93
  • Lot Size Sq Ft: 9000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Patio,RV Parking,Sprinkler System
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 15

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 39
  • LeasedItems: Security System
  • TotalMonthlyIncome: 1600

Multi Family

  • Gross Scheduled Income: 19200
  • Net Operating Income: 5001
  • Number Of Units Total: 2
  • Electric Expense: 1200
  • Insurance Expense: 2474
  • Leasable Area: 2600
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 6965

MLS Schools

  • Elementary School: University Pl Primar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
Feb 11, 2024
Sold by
Navarro Josephine G
Bought by
Cochran Holdings Llc
Seller's Agent
The Henke/Knitte Real Estate Team
Berkshire Hathaway HS NW
Buyer's Agent
Mark Bergman
Windermere Prof Partners
List Price
$750,000
Sold Price
$840,000
Premium/Discount to List
$90,000
12%
Views
14
Current Estimated Value
$826,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,101
Avg. Annual Appreciation
-0.97%

Purchase Details

Closed on
Jan 26, 2016
Sold by
Hiemstra Else
Bought by
Navarro Josephine G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2008
Sold by
Moore Mary B
Bought by
Hiemstra Else

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2006
Sold by
Byers Mary Madeline
Bought by
Byers Mary Madeline and Mary Madeline Byers Living Trust
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
Cochran Holdings Llc $840,000 Equity Title
Navarro Josephine G $333,719 Rainier Title
Hiemstra Else $325,000 Ticor
Byers Mary Madeline -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Navarro Josephine G $277,097
Previous Owner Navarro Josephine G $296,250
Previous Owner Navarro Josephine G $250,500
Previous Owner Hiemstra Else $210,000
Previous Owner Hiemstra Else $240,600
Previous Owner Hiemstra Else $243,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2024 02/12/24 Sold $840,000 +12.0% $323 / Sq Ft
01/21/2024 01/21/24 Pending -- -- --
01/17/2024 01/17/24 For Sale $750,000 -- $288 / 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 $7,280 $743,200 $295,200 $448,000
2024 $7,280 $658,800 $290,800 $368,000
2023 $7,280 $608,400 $258,900 $349,500
2022 $6,785 $615,100 $258,900 $356,200
2021 $6,398 $458,600 $177,300 $281,300
2019 $4,400 $396,900 $150,500 $246,400
2018 $4,110 $333,500 $124,200 $209,300
2017 $4,110 $316,000 $103,000 $213,000
2016 $3,938 $234,900 $78,400 $156,500
2014 $3,797 $221,200 $73,100 $148,100
2013 $3,797 $213,300 $66,400 $146,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2191500

Northwest Multiple Listing Service (NWMLS)

APN: 918020-0610