$360,000
SOLD MAY 25, 2021

3311 Louise Ave W University Place, WA 98466

2 Beds
1 Bath
1,104 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$326 Per Sq Ft

3% Above List Price

4 Days on Market

Highlights

  • Wood Flooring
  • Evergreen Primary School Rated A
  • Partially Fenced Property

About This Home

As of September 2021

Attention Investors, flippers and builders! This darling little fixer is in a PRIME location in the heart of University Place and walking distance to the new Town Center. It is begging for your attention and ready for a facelift. 2 bedroom/1 bath with a large bonus room that could easily be a 3rd bedroom or converted back to a garage. Hardwood and vinyl floors. Double pane windows. The large 7500 square foot lot could accommodate a lovely new home or renovate the existing one. Close to Chambers Bay, Whole Foods, Trader Joes, highly rated schools, parks and transit. Easy access to freeways. Don't miss this excellent opportunity! Home is being sold "AS IS".

Last Agent to Sell the Property

Wendy Kondo

Windermere Real Estate/M2, LLC License #40701 Listed on: 05/03/2021

Windermere Real Estate/M2, LLC

Last Buyer's Agent

Anikah Awan

Theory Real Estate License #21003057

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1767621

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,134

Year Built

  • Built in 1956

Lot Details

  • Partially Fenced Property
  • Sloped Lot

Parking

  • Off-Street Parking

Home Design

  • Composition Roof
  • Wood Composite

Flooring

  • Wood
  • Vinyl

Additional Features

  • Oven or Range
  • Outbuilding
  • Cable TV Available

Community Details

  • University Place Community

Listing and Financial Details

  • Assessor Parcel Number 5785001180

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,134

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw
  • Floor Covering: Hardwood, Vinyl
  • Appliances That Stay: Range/Oven, Refrigerator
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Bathrooms Main: Main
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1104
  • Square Footage Finished: 1104
  • Square Footage Unfinished: 1104

Exterior Features

  • Exterior: Wood Products
  • Roof: Composition

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Wall
  • Power Company: Tacoma Public Utilities
  • Sewer: Sewer Connected
  • Sewer Company: Pierce County
  • Water Company: Tacoma Public Utilities
  • Water Heater: Laundry room-Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: University Place

Schools

  • Elementary School: Evergreen Primary
  • Middle School: Curtis Jnr High
  • High School: Curtis Snr High
  • School District: UNP

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 7500
  • Lot Topography Vegetation: Sloped
  • Parcel Number: 5785001180
  • Zoning Jurisdiction: City
  • Lot Topography: Sloped

Tax Info

  • Tax Amount: 4015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2021
Closed on
Sep 4, 2021
Sold by
R A H Properties Llc
Bought by
Patterson Nathan and Patterson Lorena Oliveira
Seller's Agent
Anikah Awan
Theory Real Estate
Buyer's Agent
Linsey Collier
Real Broker LLC
List Price
$489,000
Sold Price
$500,000
Premium/Discount to List
$11,000
2.25%
Total Days on Market
4
Current Estimated Value
$517,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,210
Avg. Annual Appreciation
0.91%
Original Mortgage
$400,000
Outstanding Balance
$367,914
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$149,296

Purchase Details

Listed on
May 3, 2021
Closed on
May 19, 2021
Sold by
Arrington Michael J and Arrington Jamie M
Bought by
R A H Properties Llc
Seller's Agent
Wendy Kondo
Windermere Real Estate/M2, LLC
Buyer's Agent
Anikah Awan
Theory Real Estate
List Price
$350,000
Sold Price
$360,000
Premium/Discount to List
$10,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
210.43%
Original Mortgage
$356,895
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 22, 2008
Sold by
Wells Fargo Bank Na
Bought by
Kondo Jamie M and Arrington Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2007
Sold by
George Chanly T and George Robert W
Bought by
Wells Fargo Bank Na and Option One Mortgage Loan Trust 2006-2 As

Purchase Details

Closed on
Dec 16, 1997
Sold by
Murphy Betty R
Bought by
George Robert W and Tran Chanly T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,040
Interest Rate
7.23%
Mortgage Type
VA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $500,000 Chicago Title
Warranty Deed $360,000 First American Title Ins Co
Bargain Sale Deed $185,000 Multiple
Trustee Deed $204,907 Fidelity National Title
Warranty Deed $118,666 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Previous Owner $356,895 Commercial
Previous Owner $166,500 Purchase Money Mortgage
Previous Owner $190,400 Balloon
Previous Owner $47,600 Stand Alone Second
Previous Owner $58,000 Credit Line Revolving
Previous Owner $128,000 Unknown
Previous Owner $32,000 Stand Alone Second
Previous Owner $104,040 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2021 09/08/21 Sold $500,000 +2.2% $453 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
07/31/2021 07/31/21 For Sale $489,000 +35.8% $443 / Sq Ft
05/25/2021 05/25/21 Sold $360,000 +2.9% $326 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $350,000 -- $317 / 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 $5,134 $448,700 $294,600 $154,100
2023 $5,134 $426,900 $258,800 $168,100
2022 $4,393 $434,400 $258,800 $175,600
2021 $4,015 $284,600 $177,200 $107,400
2019 $3,002 $254,800 $150,400 $104,400
2018 $3,215 $225,300 $122,800 $102,500
2017 $2,851 $199,800 $101,800 $98,000
2016 $2,767 $162,600 $77,500 $85,100
2014 $2,501 $154,200 $72,200 $82,000
2013 $2,501 $138,800 $65,700 $73,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1767621

Northwest Multiple Listing Service (NWMLS)

APN: 578500-1180