Listed by Best Choice Realty LLC, Bought with RE/MAX Integrity
NOT LISTED FOR SALE

2740 Sylvan Dr W Unit 2742 University Place, WA 98466

Estimated Value: $849,000 - $898,000

6 Beds
4 Baths
2,654 Sq Ft
$329/Sq Ft Est. Value

Last Sold January 25, 2021

Last sale price $688,000 $259 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,310/month

2 Days on Market

Highlights

  • Greenhouse
  • Deck
  • Corner Lot
  • University Place Primary School Rated A
  • Wood Flooring
  • Property is in very good condition

About This Home

As of January 2021

MULTIPLE OFFERS -Offer Due 12/20 @6pm. This spacious duplex in University Place is updated, lovely, & each side lives more like it’s own single family home. It’s the perfect place for someone looking to live on one side and rent out the other or as an amazing stand alone investment property. Each unit is incredibly easy to rent or wonderful to live in with its attached large double garage, driveway, and serene private patio looking over it’s own outdoor space. Hardwood floors, open kitchen and living room layout, 3 bedrooms, 2 baths including one in the main bedroom, spacious deck, fireplace, beautiful front yard... Welcome home to worry free living and an incredibly easy rental! Opportunities like this are rare- don’t miss this one!

Last Agent to Sell the Property

Hannah Gilmore

Best Choice Realty LLC License #122902 Listed on: 12/18/2020

Best Choice Realty LLC

Co-Listed By

Jen Haggard

Best Choice Realty LLC License #134021

Last Buyer's Agent

Nona Adams

RE/MAX Integrity License #51002

RE/MAX Integrity

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1710570

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,683

Year Built

  • Built in 1988

Lot Details

  • 0.32 Acre Lot
  • Property is Fully Fenced
  • Corner Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,654 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Laminate
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Greenhouse
  • Outbuilding

Community Details

  • University Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9180200080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,683

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1988
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2654
  • SOCComments: Because you're worth it!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Hardwood, Laminate, Vinyl
  • Interior Amenities: Forced Air, Hardwood, Laminate
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Utilities: Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: TPU + PSE
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 228

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Annual Fuel Expense: 47

Schools

  • Junior High Dist: University Place

Lot Info

  • Parcel Number: 9180200080
  • Lot Size Acres: 0.3214
  • Lot Size Sq Ft: 14000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Fully,Gas Available,Green House,Outbuildings
  • MLSLotSizeSource: Public Records

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 34
  • LeasedItems: None
  • TotalMonthlyIncome: 1600

Multi Family

  • Gross Scheduled Income: 19200
  • Net Operating Income: 10252
  • Number Of Units Total: 2
  • Insurance Expense: 1990
  • Leasable Area: 2654
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2020
  • Tax Annual Amount: 6683

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Jan 15, 2021
Sold by
Ebel Clarissa and Ebel Clarissa L
Bought by
Nguyen Tung Minh and Phan Khanh Doan
Seller's Agent
Hannah Gilmore
Best Choice Realty LLC
Buyer's Agent
Nona Adams
RE/MAX Integrity
List Price
$650,000
Sold Price
$688,000
Premium/Discount to List
$38,000
5.85%
Current Estimated Value
$872,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,412
Avg. Annual Appreciation
5.34%
Original Mortgage
$472,500
Outstanding Balance
$424,595
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$452,482

Purchase Details

Closed on
Apr 8, 2005
Sold by
Caviezel R Kelly
Bought by
Ebel Clarissa and Yoshisato Sandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2003
Sold by
Caviezel Julie B
Bought by
Caviezel Karsten J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.89%

Purchase Details

Closed on
Jun 15, 2000
Sold by
Lbw Llc
Bought by
Caviezel R Kelly and Caviezel Karsten J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,285
Interest Rate
8.53%

Purchase Details

Closed on
Dec 30, 1997
Sold by
Wilber Lise
Bought by
Lbw Llc
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
Nguyen Tung Minh $688,000 Chicago Title Company Of Wa
Ebel Clarissa $375,000 Ticor
Caviezel Karsten J -- Commonwealth Title Co
Caviezel R Kelly $215,000 --
Lbw Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Tung Minh $472,500
Previous Owner Ebel Clarissa $275,000
Previous Owner Caviezel Karsten J $200,000
Previous Owner Caviezel R Kelly $193,285
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2021 01/25/21 Sold $688,000 +5.8% $259 / Sq Ft
12/20/2020 12/20/20 Pending -- -- --
12/18/2020 12/18/20 For Sale $650,000 -- $245 / 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 $8,430 $795,400 $323,700 $471,700
2024 $8,430 $737,400 $335,700 $401,700
2023 $8,430 $708,900 $308,900 $400,000
2022 $7,856 $716,400 $308,900 $407,500
2021 $7,395 $533,300 $211,500 $321,800
2019 $5,174 $458,300 $179,600 $278,700
2018 $4,821 $396,000 $152,200 $243,800
2017 $4,821 $374,300 $126,200 $248,100
2016 $4,616 $278,300 $96,100 $182,200
2014 $4,357 $262,100 $89,600 $172,500
2013 $4,357 $250,500 $81,400 $169,100
Source: Public Records

Agents Affiliated with this Home

  • Hannah Gilmore

    Seller's Agent in 2021

    Hannah Gilmore

    Best Choice Realty Brokerage

    (253) 548-7941

    1 in this area

    96 Total Sales

    Hannah Gilmore
    Section Image
  • Jen Haggard

    Seller Co-Listing Agent in 2021

    Jen Haggard

    Best Choice Realty Brokerage

    (253) 448-1022

    2 in this area

    75 Total Sales

    Jen Haggard
    Section Image
  • Nona Adams

    Buyer's Agent in 2021

    Nona Adams

    RE/MAX Integrity

    (206) 769-8575

    7 in this area

    156 Total Sales

    Nona Adams
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1710570

Northwest Multiple Listing Service (NWMLS)

APN: 918020-0080

Washington Pierce County University Place 98466

2740 Sylvan Dr W Unit 2742, University Place, WA

This home is located at 2740 Sylvan Dr W Unit 2742, University Place, WA 98466 since 18 December 2020 and is currently estimated at $872,412, approximately $328 per square foot. This property was built in 1988. 2740 Sylvan Dr W Unit 2742 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) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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