Listed by Dove Realty, Inc.
$345,000
SOLD DEC 30, 2015

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

-- Bed
-- Bath
3,164 Sq Ft
0.49 Acres

Recently Sold

$109 Per Sq Ft

12% Below List Price

18 Days on Market

Highlights

  • 0.49 Acre Lot
  • Thermal Windows
  • Patio
  • Evergreen Primary School Rated A
  • Cul-De-Sac
  • Partially Fenced Property

About This Home

As of July 2016

Excellent location, Excellent Duplex, Excellent Investment. 3 Bedroom 2 Bathroom, PLUS A FAMILY ROOM Fully rented duplex WITH detached garage AND carport AND extra shop space This MONEY MAKER is located off Bridgeport Way via private drive Privacy on all sides Plenty of covered parking for tenants and additional parking for guests Landscaped exterior Long term tenants pay on time Highly sought after location near Whole Foods Combination door locks no more keys to remake Rents listed are current

Last Agent to Sell the Property

Ron MC

Dove Realty, Inc. License #103452 Listed on: 11/16/2015

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 870385

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,301

Year Built

  • Built in 1964

Lot Details

  • 0.49 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is in average condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,164 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 3 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio
  • Outbuilding

Community Details

  • University Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0220104162

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,301

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: 3.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3164
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Sale price less seller contributions
  • Special Features: VirtualTour
  • Cumulative Days on Market: 338

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Curbs, Dead End Street, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood Products
  • Foundation Details: Poured Concrete
  • 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: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 3001

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: University Place

Lot Info

  • Parcel Number: 0220104162
  • Lot Size Acres: 0.49
  • Lot Size Sq Ft: 21344
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Outbuildings,Patio,Shop
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 2900

Multi Family

  • Gross Scheduled Income: 34800
  • Net Operating Income: 24722
  • Number Of Units Total: 2
  • Electric Expense: 144
  • Insurance Expense: 936
  • Leasable Area: 3164
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2015
  • Tax Annual Amount: 5301

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
Coldwell Banker Bain
List Price
$405,000
Sold Price
$403,000
Premium/Discount to List
-$2,000
-0.49%
Current Estimated Value
$895,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$492,229
Avg. Annual Appreciation
9.18%
Original Mortgage
$238,000
Outstanding Balance
$191,284
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$699,065

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
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $402,719 Ticor Title
Warranty Deed $344,719 Puget Sound Title Tacoma
Interfamily Deed Transfer -- None Available
Warranty Deed $430,000 Puget Sound Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $238,000 New Conventional
Previous Owner $195,000 New Conventional
Previous Owner $344,000 Negative Amortization
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
2025 $9,576 $839,400 $335,900 $503,500
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: 870385

Northwest Multiple Listing Service (NWMLS)

APN: 022010-4162