In the heart of University Place and walking distance to Whole Food, Trader Joe's, library, the park and much much more... This fully occupied duplex with positive cash flow has a lot with potential to build. If you are looking for a self-sustaining property with the future potential, in an area that is highly desired by renters, look no further.
Real Broker LLCLicense #122098Listed on: 02/18/2017
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1080189
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$5,390
Year Built
Built in 1959
Lot Details
0.33 Acre Lot
Street terminates at a dead end
Home Design
Duplex
Brick Exterior Construction
Composition Roof
Wood Siding
Interior Spaces
3,640 Sq Ft Home
2-Story Property
Parking
15 Parking Spaces
RV Access or Parking
Schools
Curtis Jnr High Middle School
Curtis Snr High School
Community Details
University Place Subdivision
Listing and Financial Details
Tax Lot 0220104161
Assessor Parcel Number 0220104161
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$5,390
Year Built
Built in 1959
Lot Details
0
Listing Details
Property Type: Residential Income
Property Sub Type: Multi-Family
StyleCode: 52 - Duplex
Year Built: 1959
Buyer Agency Compensation: 3
MLS Status: Sold
Prev Status: Closed
New Construction: No
CalculatedSquareFootage: 3640
EffectiveYearBuiltSource: Public Records
Special Features: None
Cumulative Days on Market: 305
Interior Features
Possible Use: Multi-Family
Fireplace: No
Stories: 2
SquareFootageFinished: 0
SquareFootageUnfinished: 0
Exterior Features
Roof: Composition
Lot Features: Dead End Street, Paved, Sidewalk
View: No
Waterfront: No
Exterior Features: Brick, Wood
Structure Type: Duplex
Garage/Parking
Carport Y N: No
Open Parking: No
Parking Features: RV Parking
Total Parking Spaces: 15
ParkingUncoveredSpaces: 0
Utilities
Sewer: Sewer Connected
Water Source: Public
Heating Yn: Yes
Utilities: Sewer Connected, Electric
PowerCompany: TPU
SewerCompany: Pierce County
WaterCompany: TPU
WaterSewerGarbage: 0
Schools
Junior High Dist: University Place
High School: Curtis Snr High
Middle Or Junior School: Curtis Jnr High
Lot Info
Parcel Number: 0220104161
Lot Size Acres: 0.3299
Lot Size Sq Ft: 14372
Irrigation Water Rights: No
ResoLotSizeUnits: SquareFeet
ShowMapLink: true
SiteFeatures: RV Parking
MLSLotSizeSource: Public Records
ZoningJurisdiction: City
ZoningClass: Multi-Family
LotNumber: 0220104161
Green Features
Power Production Type: Electric
Rental Info
Furnished: Unfurnished
GrossRentMultiplier: 12
LeasedItems: None
TotalMonthlyIncome: 2900
Multi Family
Gross Scheduled Income: 34800
Net Operating Income: 25414
Number Of Units Total: 2
Insurance Expense: 900
Leasable Area: 3640
UnitsInBuildingTotal: 2
UnitsBelowGrade: true
VacancyRate: 2
Tax Info
Year: 2016
Tax Annual Amount: 5390
MLS Schools
Elementary School: Buyer To Verify
Ownership History
DateNameOwned ForOwner Type
Apr 2021 - PresentMalybaeva Gainel4 Years and 1 Month
Private Individual
Purchase Details
Closed on
Apr 2, 2021
Sold by
Froelich Richard W and Malybaeva Gainel
Bought by
Malybaeva Gainel
Total Days on Market
54
Current Estimated Value
$759,474
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$229,280
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$510,438
May 2017 - Apr 2021Malybaeva Gainel3 Years and 11 Months
Private Individual
Purchase Details
Listed on
Feb 18, 2017
Closed on
May 2, 2017
Sold by
Rosenberger Aaron and Rosenberger Charmaine
Bought by
Malybaeva Gainel
Seller's Agent
Carmen Ruby
Real Broker LLC
Buyer's Agent
Monica Hope
Windermere RE/Lake Tapps, Inc
List Price
$419,000
Sold Price
$395,000
Premium/Discount to List
-$24,000
-5.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%
Jan 2016 - May 2017Rosenberger Aaron and Rosenberger Charmaine1 Year and 4 Months
Private Individual
Purchase Details
Listed on
Nov 18, 2015
Closed on
Jan 8, 2016
Sold by
Wright Joyce Marlene
Bought by
Rosenberger Aaron and Rosenberger Charmaine
Seller's Agent
Ron MC
Dove Realty, Inc.
List Price
$410,000
Sold Price
$396,000
Premium/Discount to List
-$14,000
-3.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.19%
Original Mortgage
$246,000
Interest Rate
3.92%
Mortgage Type
Commercial
Oct 2005 - Jan 2016Wright Leonard E and Wright Joyce M10 Years and 3 Months
Private Individual
Purchase Details
Closed on
Oct 19, 2005
Sold by
Wright Leonard E
Bought by
Wright Leonard E and Wright Joyce M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
5.87%
Mortgage Type
Commercial
Sep 2005 - Oct 2005Wright Leonard and Wright Joyce1 Month
Private Individual
Purchase Details
Closed on
Sep 8, 2005
Sold by
Hedrick Hobert A
Bought by
Wright Leonard and Wright Joyce
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
5.87%
Mortgage Type
Commercial
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Wonderful opportunity to own this fabulous duplex in a great area. Each unit has 3 bedrooms and a nice deck and back yard. Nice high ceilings and a living room fireplace too! Plenty of parking with a 1 car garage and 2 spaces in the driveway. This is on a dead end street too, so more privacy and less traffic. Each is in really good condition and has a heat pump.
Great investment opportunity in University Place. This property comprises three units, designed to cater to a range of tenants—from cozy studios to a spacious 4-bedroom home. The interiors have been recently upgraded with LVP flooring, appliances, and in-unit washer/dryers. Below market rents offer room for growth. Whether you’re a seasoned investor or just starting out, this property presents an
Spacious duplex on secluded half-acre corner lot in University Place! Each side lives like its own home, with 2 bathrooms, fireplace, in-unit W/D, covered parking, separate private decks, and outdoor storages! 3703 features a primary suite, one car attached garage and a den that can be a 3rd bedroom. 3701 is currently furnished and boasts a strong rental history as a high-demand Furnished Finder
This is a great opportunity to purchase a duplex in the city of University Place, just off of Sunset Drive. Both units have 2 bedrooms, 1 bathroom, 987 sq.ft, and an attached 1-car garage. The laundry/mud room off the kitchen enters the garage. There is a new electrical panel. You'll love the large backyard with western exposure. The neutral color palette in both units features wall-to-wall
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 3327 Bridgeport Way W, University Place, WA 98466 since 18 February 2017 and is currently estimated at $759,474, approximately $208 per square foot. This property was built in 1959. 3327 Bridgeport Way W is a home located in Pierce County with nearby schools including Evergreen Primary School, Sunset Primary School, and Drum Intermediate School.
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