NOT LISTED FOR SALE

3335 Bridgeport Way W Unit 1-2 University Place, WA 98466

Estimated Value: $795,000 - $1,025,000

6 Beds
4 Baths
3,164 Sq Ft
$288/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $403,000 $127 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $5,850/month

39 Days on Market

Highlights

  • 0.49 Acre Lot
  • Cul-De-Sac
  • 1-Story Property
  • Evergreen Primary School Rated A
  • Wall to Wall Carpet

About This Home

As of July 2016

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!

Last Listed By

Carmen Ruby

Real Broker LLC License #122098 Listed on: 05/11/2016

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 939963

Northwest Multiple Listing Service (NWMLS)

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

Date Name Owned For Owner Type

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

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

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

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

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

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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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
Pratt David Wayne $402,719 Ticor Title
Rosenberger Aaron $344,719 Puget Sound Title Tacoma
The Leonard E & Joyce M Wright Family Tr -- None Available
Wright Leonard E $430,000 Puget Sound Title Company
Heim Adrienne C -- None Available
Rayeski Frank -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pratt David Wayne $238,000
Previous Owner Rosenberger Aaron $195,000
Previous Owner Wright Leonard E $344,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $403,000 -0.5% $127 / Sq Ft
06/20/2016 06/20/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $405,000 +17.4% $128 / Sq Ft
12/30/2015 12/30/15 Sold $345,000 -11.7% $109 / Sq Ft
12/05/2015 12/05/15 Pending -- -- --
11/16/2015 11/16/15 For Sale $390,500 -- $123 / 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 $9,576 $788,100 $348,300 $439,800
2023 $9,576 $809,000 $348,200 $460,800
2022 $8,938 $818,800 $348,200 $470,600
2021 $8,432 $610,900 $238,400 $372,500
2019 $5,948 $525,100 $202,400 $322,700
2018 $6,780 $458,500 $176,000 $282,500
2017 $5,499 $433,100 $145,900 $287,200
2016 $5,301 $322,100 $111,100 $211,000
2014 $4,979 $303,400 $103,600 $199,800
2013 $4,979 $290,100 $94,100 $196,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 939963

Northwest Multiple Listing Service (NWMLS)

APN: 022010-4162