NOT LISTED FOR SALE

3540 Olympic Blvd W University Place, WA 98466

Estimated Value: $946,000 - $1,234,315

4 Beds
1 Bath
2,528 Sq Ft
$423/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $754,000 $298 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $6,559/month

2 Days on Market

Highlights

  • Views of a Sound
  • Spa
  • Deck
  • University Place Primary School Rated A
  • Craftsman Architecture
  • Wood Flooring

About This Home

As of March 2019

Incredible breathtaking views of the Sound and Olympics from both levels of this extraordinary home! Stainless Steel appliances, granite counter tops, tile back splash, Mahogany cabinets, gorgeous hardwoods, updated bathrooms, 4th bedroom downstairs was converted to walk in closet. 2 cozy fireplaces, A/C, extra 2 car uncovered parking, spacious decks, 4 hole miniature golf putt putt, beautifully landscaped yard with sprinklers and out building plus so much more!

Last Agent to Sell the Property

Penelope Lacey

Dupont Realty & Property Mgmt License #17607 Listed on: 02/21/2019

Last Buyer's Agent

Derek Johnson

Keller Williams Rty Tacoma License #117643

Keller Williams Rty Tacoma

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1402264

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,458

Year Built

  • Built in 1940

Lot Details

  • Partially Fenced Property
  • Sprinkler System

Parking

  • Attached Garage

Property Views

  • Views of a Sound
  • Mountain Views

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck
  • Outbuilding

Utilities

  • Cable TV Available

Community Details

  • University Place Community

Listing and Financial Details

  • Assessor Parcel Number 7720002441

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,458

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Architecture: Craftsman
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, High Tech Cabling, Hot Tub/Spa, Security System, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 4
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 2
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 2528
  • Square Footage Finished: 2528

Exterior Features

  • Exterior: Brick, Wood, Wood Products
  • Foundation: Poured Concrete, Slab
  • Roof: Composition
  • View: Mountain, Sound

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Heat Pump
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 4
  • Sewer: Sewer Connected
  • Sewer Company: Pierce county
  • Water Company: City of Tacoma
  • Water Heater: Utility-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: University Place

Schools

  • School District: UNP

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 9000
  • Parcel Number: 7720002441

Rental Info

  • Monthly Rentif Rented: 3000

Tax Info

  • Tax Amount: 7679

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2019
Closed on
Mar 28, 2019
Sold by
Lacy Penelope
Bought by
West Gordon and West Tara
Seller's Agent
Penelope Lacey
Dupont Realty & Property Mgmt
Buyer's Agent
Derek Johnson
Keller Williams Rty Tacoma
List Price
$749,000
Sold Price
$754,000
Premium/Discount to List
$5,000
0.67%
Current Estimated Value
$1,068,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,579
Avg. Annual Appreciation
5.34%
Original Mortgage
$603,200
Outstanding Balance
$530,320
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$538,259

Purchase Details

Listed on
Feb 21, 2019
Closed on
Feb 28, 2019
Sold by
Wilczek Stephen Joseph
Bought by
Lacy Penelope
Seller's Agent
Penelope Lacey
Dupont Realty & Property Mgmt
Buyer's Agent
Derek Johnson
Keller Williams Rty Tacoma
List Price
$749,000
Sold Price
$754,000
Premium/Discount to List
$5,000
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,200
Outstanding Balance
$530,320
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$538,259

Purchase Details

Closed on
Jul 19, 2017
Sold by
Geln E Davidson
Bought by
Lacy Penelope

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.03%

Purchase Details

Closed on
Oct 4, 2012
Sold by
Cefalu James
Bought by
Lacy Penelope

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,600
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2001
Sold by
Barker Edith F
Bought by
Cefalu James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
7%

Purchase Details

Closed on
Oct 24, 1997
Sold by
Peck Annette F
Bought by
Panagiotu Anthony G and Panagiotu Julie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,300
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 15, 1997
Sold by
Panagiotu Anthony G
Bought by
Panagiotu Anthony G and Panagiotu Julie E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
West Gordon $754,000 Wfg National Title
Lacy Penelope -- Wfg National Title Company
Lacy Penelope -- --
Lacy Penelope $497,000 Old Republic Title Ltd
Cefalu James $327,500 Rainier Title Company
Panagiotu Anthony G -- First American Title Ins Co
Panagiotu Anthony G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Gordon $603,200
Previous Owner Lacy Penelope $195,000
Previous Owner Lacy Penelope --
Previous Owner Lacy Penelope $397,600
Previous Owner Cefalu James $262,000
Previous Owner Panagiotu Anthony G $521,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2019 03/29/19 Sold $754,000 +0.7% $298 / Sq Ft
02/23/2019 02/23/19 Pending -- -- --
02/21/2019 02/21/19 For Sale $749,000 -- $296 / 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 $11,458 $1,136,900 $781,600 $355,300
2024 $11,458 $1,064,400 $732,400 $332,000
2023 $11,458 $979,300 $683,100 $296,200
2022 $10,755 $1,057,200 $734,800 $322,400
2021 $9,911 $726,100 $490,900 $235,200
2019 $7,679 $660,100 $434,000 $226,100
2018 $8,821 $603,100 $403,800 $199,300
2017 $8,162 $572,800 $384,600 $188,200
2016 $7,512 $463,900 $298,000 $165,900
2014 $6,630 $440,200 $278,800 $161,400
2013 $6,630 $380,200 $240,400 $139,800
Source: Public Records

Agents Affiliated with this Home

  • Penelope Lacey

    Seller's Agent in 2019

    Penelope Lacey

    Dupont Realty & Property Mgmt

    (253) 973-7341

    1 in this area

    97 Total Sales

    Penelope Lacey
    Section Image
  • Derek Johnson

    Buyer's Agent in 2019

    Derek Johnson

    Keller Williams Rty Tacoma

    (253) 223-6097

    5 in this area

    250 Total Sales

    Derek Johnson
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1402264

Northwest Multiple Listing Service (NWMLS)

APN: 772000-2441

Washington Pierce County University Place 98466

3540 Olympic Blvd W, University Place, WA

Not Listed for Sale

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Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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