NOT LISTED FOR SALE

3327 Bridgeport Way W University Place, WA 98466

Estimated Value: $722,896 - $792,000

4 Beds
3 Baths
3,640 Sq Ft
$209/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $395,000 $109 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $4,855/month

54 Days on Market

Highlights

  • RV Access or Parking
  • Evergreen Primary School Rated A
  • Wood Siding

About This Home

As of May 2017

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.

Last Listed By

Carmen Ruby

Real Broker LLC License #122098 Listed on: 02/18/2017

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1080189

Northwest Multiple Listing Service (NWMLS)

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

Date Name Owned For Owner Type

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

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%

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

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

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
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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
Malybaeva Gainel -- Rainier Title
Malybaeva Gainel $394,719 Ticor Title
Rosenberger Aaron $395,674 Puget Sound Title Tacoma
Wright Leonard E -- Puget Sound Title Company
Wright Leonard $315,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malybaeva Gainel $250,000
Previous Owner Rosenberger Aaron $246,000
Previous Owner Wright Leonard $236,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2017 05/05/17 Sold $395,000 -5.7% $109 / Sq Ft
04/14/2017 04/14/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $419,000 0.0% $115 / Sq Ft
03/24/2017 03/24/17 Pending -- -- --
03/17/2017 03/17/17 Price Changed $419,000 -4.6% $115 / Sq Ft
02/18/2017 02/18/17 For Sale $439,000 +10.9% $121 / Sq Ft
01/08/2016 01/08/16 Sold $396,000 -3.4% $109 / Sq Ft
11/18/2015 11/18/15 Pending -- -- --
11/18/2015 11/18/15 For Sale $410,000 -- $113 / 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 $7,731 $674,200 $303,800 $370,400
2023 $7,731 $647,800 $280,100 $367,700
2022 $7,160 $651,500 $280,100 $371,400
2021 $6,853 $492,700 $191,800 $300,900
2019 $5,317 $422,900 $162,800 $260,100
2018 $6,123 $407,600 $153,600 $254,000
2017 $5,901 $389,400 $127,300 $262,100
2016 $5,864 $337,300 $198,200 $139,100
2014 $5,501 $337,300 $198,200 $139,100
2013 $5,501 $337,300 $152,900 $184,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1080189

Northwest Multiple Listing Service (NWMLS)

APN: 022010-4161