Location, Location, Location! Hard to find Duplex in the heart of University Place. Excellent investment property, positive cash flow with long term tenants. Walking distance to Whole Food, library, Trader Joe's, the park and much much more... 3 bedroom, 2 bath units. Detached structure with three garages and a storage area. One covered carport and ample parking for guests.This will not last long!
Real Broker LLCLicense #122098Listed on: 05/11/2016
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 939963
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$5,414
Year Built
Built in 1964
Lot Details
0.49 Acre Lot
Cul-De-Sac
Street terminates at a dead end
Property is in average condition
Home Design
Duplex
Brick Exterior Construction
Composition Roof
Wood Composite
Interior Spaces
3,164 Sq Ft Home
1-Story Property
Flooring
Wall to Wall Carpet
Vinyl
Parking
7 Parking Spaces
3 Covered Spaces
Open Parking
Schools
Curtis Jnr High Middle School
Curtis Snr High School
Community Details
University Place Subdivision
Listing and Financial Details
Assessor Parcel Number 0220104162
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$5,414
Year Built
Built in 1964
Lot Details
0
Listing Details
Property Type: Residential Income
Property Sub Type: Multi-Family
StyleCode: 52 - Duplex
Year Built: 1964
Buyer Agency Compensation: 3
MLS Status: Sold
Prev Status: Closed
New Construction: No
CalculatedSquareFootage: 3164
EffectiveYearBuiltSource: Public Records
Special Features: None
Cumulative Days on Market: 297
Interior Features
Possible Use: Multi-Family
Fireplace: No
Flooring: Vinyl, Carpet
Interior Amenities: Wall to Wall Carpet
Stories: 1
SquareFootageFinished: 0
SquareFootageUnfinished: 0
Amenities: Storage
Exterior Features
Roof: Composition
Lot Features: Cul-De-Sac, Dead End Street
View: No
Waterfront: No
Exterior Features: Brick, Wood Products
Property Condition: Average
Structure Type: Duplex
Garage/Parking
Carport Spaces: 1
Carport Y N: No
Covered Parking Spaces: 3
Open Parking Spaces: 4
Open Parking: Yes
Total Parking Spaces: 7
ParkingUncoveredSpaces: 4
Utilities
Sewer: Sewer Connected
Water Source: Public
Heating Yn: Yes
Utilities: Sewer Connected, Electric
PowerCompany: City of Tacom
SewerCompany: Pierce County Sewer
WaterCompany: City of Tacoma
WaterSewerGarbage: 3001
Condo/Co-op/Association
Association Fee Frequency: Annually
Schools
Junior High Dist: University Place
High School: Curtis Snr High
Middle Or Junior School: Curtis Jnr High
Lot Info
Parcel Number: 0220104162
Lot Size Acres: 0.49
Lot Size Sq Ft: 21344
Irrigation Water Rights: No
ResoLotSizeUnits: SquareFeet
ShowMapLink: true
MLSLotSizeSource: Public Records
ZoningJurisdiction: City
ZoningClass: Multi-Family
Green Features
Power Production Type: Electric
Rental Info
Furnished: Unfurnished
GrossRentMultiplier: 11
LeasedItems: None
TotalMonthlyIncome: 2900
Multi Family
Gross Scheduled Income: 34800
Net Operating Income: 24566
Number Of Units Total: 2
Insurance Expense: 936
Leasable Area: 3164
UnitsInBuildingTotal: 2
UnitsBelowGrade: false
VacancyRate: 2
Tax Info
Year: 2015
Tax Annual Amount: 5414
MLS Schools
Elementary School: Buyer To Verify
Ownership History
DateNameOwned ForOwner Type
Jul 2016 - PresentPratt David Wayne and Pratt Katherine L8 Years and 10 Months
Private Individual
Purchase Details
Listed on
May 11, 2016
Closed on
Jul 27, 2016
Sold by
Rosenberger Aaron and Rosenberger Charmaine
Bought by
Pratt David Wayne and Pratt Katherine L
Seller's Agent
Carmen Ruby
Real Broker LLC
Buyer's Agent
Rebecca Knowlden
Best Choice Realty LLC
List Price
$405,000
Sold Price
$403,000
Premium/Discount to List
-$2,000
-0.49%
Total Days on Market
39
Current Estimated Value
$911,235
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$508,235
Avg. Annual Appreciation
9.68%
Original Mortgage
$238,000
Outstanding Balance
$194,311
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$715,579
Dec 2015 - Jul 2016Rosenberger Aaron and Rosenberger Charmaine7 Months
Private Individual
Purchase Details
Listed on
Nov 16, 2015
Closed on
Dec 24, 2015
Sold by
Wright Joyce Marlene
Bought by
Rosenberger Aaron and Rosenberger Charmaine
Seller's Agent
Ron MC
Dove Realty, Inc.
List Price
$390,500
Sold Price
$345,000
Premium/Discount to List
-$45,500
-11.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.72%
Original Mortgage
$195,000
Interest Rate
3.94%
Mortgage Type
New Conventional
May 2007 - Dec 2015The Leonard E & Joyce M Wright Family Tr8 Years and 7 Months
Private Individual
Purchase Details
Closed on
May 29, 2007
Sold by
Wright Leonard E and Wright Joyce M
Bought by
The Leonard E & Joyce M Wright Family Tr
Mar 2007 - May 2007Wright Leonard E and Wright Joyce M2 Months
Private Individual
Purchase Details
Closed on
Mar 28, 2007
Sold by
Heim Adrienne C and Dimeglio Carole A
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
$344,000
Interest Rate
6.75%
Mortgage Type
Negative Amortization
Feb 2007 - Mar 2007Heim Adrienne C and Dimeglio Carole A1 Month
Private Individual
Purchase Details
Closed on
Feb 13, 2007
Sold by
Heim Adrienne C
Bought by
Heim Adrienne C and Dimeglio Carole A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.75%
Mortgage Type
Negative Amortization
Jul 2006 - Feb 2007Rayeski Frank7 Months
Private Individual
Purchase Details
Closed on
Jul 2, 2006
Sold by
Rayeski Frank
Bought by
Rayeski Frank
Range of Values:
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Average Value
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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.
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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.
3335 Bridgeport Way W Unit 1-2, University Place, WA
Homes for Sale in University Place, WA
This home is located at 3335 Bridgeport Way W Unit 1-2, University Place, WA 98466 since 11 May 2016 and is currently estimated at $911,235, approximately $288 per square foot. This property was built in 1964. 3335 Bridgeport Way W Unit 1-2 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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