NOT LISTED FOR SALE

3112 Locust Ave W University Place, WA 98466

Estimated Value: $249,000 - $370,000

0.14 Acre
$2,286,209 Price per Acre
6,000 Sq Ft Lot

Last Sold February 22, 2024

Last sale price $230,000

Est. 37% increase in value since last sale

Current estimated payment $2,012/month

178 Days on Market

Highlights

  • No HOA
  • Garage
  • Level Lot
  • Evergreen Primary School Rated A

About This Lot

As of February 2024

Level 6000sqft lot in the highly sought after University Place. Great schools and shopping. Lot currently has a garage on it. You could keep it and build behind it or demo and build your dream home. The possibilities are endless. There are not many available lots in University Place so grab this one before it is gone. Buyer to verify all information to their own satisfaction. Numbers on picture are estimated numbers.

Last Agent to Sell the Property

Teri Hill

Dove Realty, Inc. License #13559 Listed on: 08/11/2023

Last Buyer's Agent

Maddy Mixter

Windermere Abode License #20107538

Windermere Abode

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2150215

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,185

Lot Details

  • 6,000 Sq Ft Lot
  • Level Lot

Parking

  • Garage

Utilities

  • Sewer in Street

Community Details

  • No Home Owners Association
  • University Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5785001850

Property Details

Property Type

Land

Est. Annual Taxes

$3,185

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Restrictions: No Restrictions
  • Improvements: Garage
  • Special Features: None
  • Cumulative Days on Market: 208

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Lot Features: Paved
  • Road Surface Type: Paved
  • View: No
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: County Maintained,Paved
  • WaterJurisdiction: Pierce County

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Sewer: In Street
  • Water Source: In Street
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Electricity Available, Natural Gas Available
  • ElectricityStatus: In Street
  • GasStatus: In Street
  • SepticDesignApplied: false
  • SepticDesignInstalled: false

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: University Place
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 5785001850
  • Topography: Level
  • Lot Size Acres: 0.1377
  • Lot Size Sq Ft: 6000
  • Zoning Description: Residential
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • SoilFeasibilityTest: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3185

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Feb 22, 2024
Sold by
Keel Teresa L
Bought by
Harding Ian and Harding Kimberly
Seller's Agent
Teri Hill
Dove Realty, Inc.
Buyer's Agent
Maddy Mixter
Windermere Abode
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%
Views
141
Current Estimated Value
$314,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,811
Avg. Annual Appreciation
25.13%

Purchase Details

Closed on
Mar 24, 2006
Sold by
Musgrove Earle T
Bought by
Musgrove Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 8, 2002
Sold by
Tomasie Sandra P and Schultz Sheila
Bought by
Musgrove Earle T and Musgrove Teresa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 1994
Sold by
Lantz Wesley C
Bought by
Lantz Wesley C and Lantz Mary S
Source: Public Records

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
Harding Ian $230,000 None Listed On Document
Musgrove Teresa -- Rainier Title
Musgrove Earle T $213,000 First American Title Ins Co
Lantz Wesley C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Musgrove Teresa $258,750
Previous Owner Musgrove Earle T $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2024 02/22/24 Sold $230,000 -8.0% --
02/05/2024 02/05/24 Pending -- -- --
01/23/2024 01/23/24 For Sale $250,000 0.0% --
01/16/2024 01/16/24 Pending -- -- --
12/08/2023 12/08/23 For Sale $250,000 0.0% --
08/20/2023 08/20/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $250,000 -- --
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 $3,284 $260,600 $219,700 $40,900
2024 $3,284 $263,600 $227,800 $35,800
2023 $3,284 $280,700 $242,900 $37,800
2022 $3,033 $282,600 $242,900 $39,700
2021 $2,715 $197,300 $166,300 $31,000
2019 $1,848 $171,000 $141,200 $29,800
2018 $1,909 $143,000 $113,700 $29,300
2017 $1,656 $121,900 $94,300 $27,600
2016 $1,572 $95,700 $71,800 $23,900
2014 $1,376 $90,300 $66,900 $23,400
2013 $1,376 $81,500 $60,800 $20,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2150215

Northwest Multiple Listing Service (NWMLS)

APN: 578500-1850