NOT LISTED FOR SALE

4120 Sunset Dr W University Place, WA 98466

Estimated Value: $682,389 - $774,000

4 Beds
2 Baths
2,064 Sq Ft
$347/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $595,000 $288 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,645/month

4 Days on Market

Highlights

  • Docks
  • Corner Lot
  • Patio
  • Evergreen Primary School Rated A
  • Cul-De-Sac
  • Vinyl Plank Flooring

About This Home

As of March 2021

Incredible L-shaped duplex in University Place on a corner lot entering a cul-de-sac. Perfect for an investor or owner-occupant. One unit has been completely updated w/ LVP flooring, new interior paint throughout.. Modern kitchen w/ new Kraftmaid cabinets, quartz countertops, tiled backsplash, stainless sink, all new appliances, incl. gas range. Bathroom has new shower doors, shower pan, custom tile, fixtures, vanity w/ quartz countertop. New washer/dryer w/ new upper cabinets & shelving in the laundry room. Gas fireplace insert. overhead storage system in garage. The other unit is very clean and fairly original w/ long term tenant of 19+/- yrs. The exterior has new paint & gutters. manicured yard w/ sprinkler system & new storage shed.

Last Agent to Sell the Property

Brent Tornquist

Windermere Prof Partners License #20433 Listed on: 02/11/2021

Windermere Prof Partners

Last Buyer's Agent

Ron Sims

The Preview Group License #29112

The Preview Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1729656

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,060

Year Built

  • Built in 1977

Lot Details

  • 0.4 Acre Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Corner Lot
  • Sprinkler System
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,064 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank
  • Vinyl

Parking

  • 8 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Docks
  • Patio
  • Outbuilding

Schools

  • Curtis Snr High School

Utilities

  • Mini Split Air Conditioners
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • University Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 022015-7-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,060

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1977
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2064
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 272

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Ductless HP-Mini Split, Forced Air, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Cul-De-Sac, Curbs, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex
  • ConstructionMethods: Steel & Concrete

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Septic System, Electric, Natural Gas Connected
  • PowerCompany: TPU
  • SewerCompany: Septic
  • WaterCompany: TPU
  • WaterSewerGarbage: 1140

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: University Place
  • High School: Curtis Snr High

Lot Info

  • Parcel Number: 022015-7-010
  • Lot Size Acres: 0.4039
  • Lot Size Sq Ft: 17595
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Dock,Fenced-Partially,Gas Available,High Speed Internet,Outbuildings,Patio,Sprinkler System
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 2950

Multi Family

  • Gross Scheduled Income: 35400
  • Net Operating Income: 27104
  • Number Of Units Total: 2
  • Insurance Expense: 1096
  • Leasable Area: 2064
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 6060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Mar 10, 2021
Sold by
Watson Barry and Watson Renee
Bought by
Cruz Jose Juan and Sarbu Luminita
Seller's Agent
Brent Tornquist
Windermere Prof Partners
Buyer's Agent
Ron Sims
The Preview Group
List Price
$549,950
Sold Price
$595,000
Premium/Discount to List
$45,050
8.19%
Total Days on Market
4
Current Estimated Value
$717,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,097
Avg. Annual Appreciation
4.26%

Purchase Details

Listed on
Aug 24, 2015
Closed on
Oct 15, 2015
Sold by
Pagel Douglas H and Pagel Patricia R
Bought by
Watson Barry and Watson Renee
Seller's Agent
Brandon Hjelseth
Keller Williams Rty Tacoma
Buyer's Agent
Ryan Meacham
Engel & Voelkers Chambers Bay
List Price
$315,000
Sold Price
$285,000
Premium/Discount to List
-$30,000
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.57%
Original Mortgage
$228,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2004
Sold by
Pagel Howard W
Bought by
Pagel Douglas H and Pagel Patricia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 1994
Sold by
Anderson Vincent M
Bought by
Pagel Howard W and Pagel Lorraine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.82%
Source: Public Records

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Range of Values:

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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
Cruz Jose Juan $595,000 Fidelity National Title
Watson Barry $284,719 Fidelity National Title
Pagel Douglas H $250,000 Rtc
Pagel Howard W -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watson Barry $228,000
Previous Owner Pagel Douglas H $180,000
Previous Owner Pagel Douglas H $200,000
Previous Owner Pagel Howard W $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $595,000 +8.2% $288 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $549,950 +93.0% $266 / Sq Ft
10/19/2015 10/19/15 Sold $285,000 -9.5% $138 / Sq Ft
09/16/2015 09/16/15 Pending -- -- --
08/24/2015 08/24/15 For Sale $315,000 -- $153 / 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 $7,439 $619,300 $314,400 $304,900
2023 $7,439 $622,300 $336,100 $286,200
2022 $6,560 $629,000 $336,100 $292,900
2021 $6,342 $454,400 $227,300 $227,100
2019 $4,887 $413,800 $194,800 $219,000
2018 $5,051 $372,800 $177,900 $194,900
2017 $4,611 $318,100 $151,500 $166,600
2016 $3,916 $249,000 $110,100 $138,900
2014 $3,669 $219,900 $96,900 $123,000
2013 $3,669 $205,300 $88,100 $117,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1729656

Northwest Multiple Listing Service (NWMLS)

APN: 022015-7010