NOT LISTED FOR SALE

2914 Bridgeport Way W University Place, WA 98466

Estimated Value: $408,000 - $438,000

2 Beds
1 Bath
857 Sq Ft
$494/Sq Ft Est. Value

Last Sold August 13, 2020

Last sale price $309,500 $361 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,683/month

35 Days on Market

Highlights

  • Wood Flooring
  • Garden
  • Wood Siding
  • Evergreen Primary School Rated A
  • Property is Fully Fenced

About This Home

As of August 2020

Incredible chance to get in on investment or starter home in University Place with the flexibility to go commercial. Great home w/ hardwood floors, 2 beds / 1 Bath. Off Street parking and fenced rear yard, turn key rental property or upgrade to your business needs. Perfect use as home or professional office in the heart of University Place. ADJOINING parcels available to make your footprint larger in well traveled and high profile area. Opportunity only comes once.

Last Listed By

Michael Morrison

Morrison House Sotheby's Intl License #50025 Listed on: 06/03/2020

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1609399

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,902

Year Built

  • Built in 1946

Lot Details

  • Property is Fully Fenced
  • Garden
  • Value in Land
  • Property is zoned City of UP

Parking

  • Off-Street Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Additional Features

  • Outbuilding
  • Cable TV Available

Community Details

  • University Place Community

Listing and Financial Details

  • Assessor Parcel Number 4480100220

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,902

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw
  • Floor Covering: Hardwood, Vinyl
  • Appliances That Stay: Dishwasher, Range/Oven
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 857
  • Square Footage Finished: 857

Exterior Features

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

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: TPU
  • Sewer: Sewer Connected
  • Sewer Company: Pierce County
  • Water Company: TPU
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: University Place

Schools

  • Elementary School: University Pl Primar
  • Middle School: Buyer To Verify
  • High School: Curtis Snr High
  • School District: UNP

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk, Value In Land
  • Lot Sq Ft: 7200
  • Lot Topography Vegetation: Garden Space
  • Parcel Number: 4480100220
  • Zoning Code: City of UP
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space

Tax Info

  • Tax Amount: 3021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Aug 7, 2020
Sold by
2900 Bridgeport Llc
Bought by
Zhang Xiaoming and Zhu Hongyue
Seller's Agent
Michael Morrison
Morrison House Sotheby's Intl
Buyer's Agent
Sharon Liu
Engel & Voelkers Chambers Bay
List Price
$319,500
Sold Price
$309,500
Premium/Discount to List
-$10,000
-3.13%
Total Days on Market
35
Current Estimated Value
$423,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,834
Avg. Annual Appreciation
6.64%
Original Mortgage
$216,650
Outstanding Balance
$196,032
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$224,759

Purchase Details

Closed on
Aug 28, 2018
Sold by
Gillespie Family Enterprises Llc
Bought by
2900 Bridgeport Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2003
Sold by
Cox Charolette C
Bought by
Gillespie Family Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

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
Zhang Xiaoming $309,500 Fidelity National Title
2900 Bridgeport Llc $259,719 Chicago Title
Gillespie Family Enterprises Llc $127,500 Ticor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Xiaoming $216,650
Previous Owner 2900 Bridgeport Llc $182,000
Previous Owner Gillespie Family Enterprises Llc $380,000
Previous Owner Gillespie Family Enterprise Llc $150,000
Previous Owner Gillespie Family Enterprises Llc $102,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2020 08/13/20 Sold $309,500 0.0% $361 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
06/15/2020 06/15/20 Price Changed $309,500 -3.1% $361 / Sq Ft
06/03/2020 06/03/20 For Sale $319,500 -- $373 / 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 $3,902 $348,700 $262,900 $85,800
2023 $3,902 $319,300 $230,200 $89,100
2022 $3,569 $323,000 $230,200 $92,800
2021 $3,255 $227,700 $157,600 $70,100
2019 $2,373 $200,700 $133,800 $66,900
2018 $2,499 $174,500 $109,000 $65,500
2017 $2,221 $152,200 $90,300 $61,900
2016 $1,973 $118,100 $65,300 $52,800
2014 $2,067 $106,300 $60,900 $45,400
2013 $2,067 $96,000 $55,400 $40,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1609399

Northwest Multiple Listing Service (NWMLS)

APN: 448010-0220