Listed by Better Properties N. Proctor
NOT LISTED FOR SALE

4202 Bridgeport Way W University Place, WA 98466

Estimated Value: $1,640,227

1.32 Acres
$1,242,596 Price per Acre
57,499 Sq Ft Lot

Last Sold September 17, 2019

Last sale price $1,025,000

Est. 60% increase in value since last sale

Current estimated payment $9,685/month

9 Days on Market

About This Lot

As of September 2019

Excellent opportunity with 1.32 acre parcel facing Bridgeport Way in sought after University Place. Property is level with ample parking and with most utilities located on site, CC/TC Zoning allows for a diverse range of uses. Located within blocks of Town Center and other amenities, parcel has solid exposure on U.P's busiest road with area experiencing explosive growth. Adjacent lot also for sale. Possibility of the city acquiring a portion of the N. side of property for a road-buyer to verify.

Last Agent to Sell the Property

Enrique Arias

Better Properties N. Proctor License #114824 Listed on: 07/16/2019

Better Properties N. Proctor

Co-Listed By

Mark Hulen

Better Properties Real Estate License #50093

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1491052

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,975

Lot Details

  • Level Lot

Community Details

  • University Place Community

Listing and Financial Details

  • Assessor Parcel Number 022015-3-155

Property Details

Property Type

Land

Est. Annual Taxes

$8,975

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Brush
  • Style: 41 - Res-Over 1 Acre
  • Restrictions: Unknown
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: County Maintained
  • Road On Which Sideof Property: East

Utilities

  • Electricity: On Property
  • Gas Available: Available
  • Sewer: On Property
  • Water: On Property

Condo/Co-op/Association

  • Community Name: University Place

Schools

  • School District: UNP

Lot Info

  • General Zoning Classification: Commercial
  • Lot Details: Paved Street, Sidewalk
  • Lot Sq Ft: 57600
  • Parcel Number: 022015-3-155
  • Topography: Level
  • Zoning Jurisdiction: City
  • Zoning Remarks: TC

Tax Info

  • Tax Amount: 7404

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2019
Closed on
Sep 17, 2019
Sold by
Arias Investments Llc
Bought by
Chang Tsai Li and Wang Li Wen
Seller's Agent
Enrique Arias
Better Properties N. Proctor
List Price
$1,250,000
Sold Price
$1,025,000
Premium/Discount to List
-$225,000
-18%
Current Estimated Value
$1,640,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$615,227
Avg. Annual Appreciation
8.27%

Purchase Details

Closed on
Nov 22, 2013
Sold by
Arias Brothers Llc
Bought by
Arias Investment Llc

Purchase Details

Closed on
Oct 13, 2008
Sold by
Conly Cambridge Llc
Bought by
Arias Brothers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.31%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 26, 2006
Sold by
Lund Gregg P and Lund Julie D
Bought by
Conly Cambridge Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 1993
Sold by
Pierce County Rural Library District
Bought by
Lund Gregg P and Lund Julie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.94%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chang Tsai Li $1,025,000 Chicago Title
Arias Investment Llc -- None Available
Arias Brothers Llc $1,100,000 Fatco
Conly Cambridge Llc $1,250,000 First American Title Ins Co
Lund Gregg P -- Rainier Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arias Brothers Llc $1,000,000
Previous Owner Conly Cambridge Llc $1,250,000
Previous Owner Lund Gregg P $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2019 09/17/19 Sold $1,025,000 -18.0% --
07/25/2019 07/25/19 Pending -- -- --
07/16/2019 07/16/19 For Sale $1,250,000 -- --
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 $8,975 $757,800 $757,800 --
2024 $8,975 $688,900 $688,900 --
2023 $8,975 $688,900 $688,900 $0
2022 $8,884 $688,900 $688,900 $0
2021 $9,194 $595,000 $595,000 $0
2019 $7,404 $547,100 $547,100 $0
2018 $8,041 $497,400 $497,400 $0
2017 $8,106 $452,100 $452,100 $0
2016 $8,744 $452,100 $452,100 $0
2014 $10,743 $452,100 $452,100 $0
2013 $10,743 $456,000 $456,000 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Enrique Arias

    Better Properties N. Proctor

    Section Image
  • Mark Hulen

    Seller Co-Listing Agent in 2019

    Mark Hulen

    Better Properties Real Estate

    (253) 589-2680

    16 in this area

    202 Total Sales

    Mark Hulen
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1491052

Northwest Multiple Listing Service (NWMLS)

APN: 022015-3155

Washington Pierce County University Place 98466

4202 Bridgeport Way W, University Place, WA

This home is located at 4202 Bridgeport Way W, University Place, WA 98466 since 16 July 2019 and is currently estimated at $1,640,227. 4202 Bridgeport Way W is a home located in Pierce County with nearby schools including Evergreen Primary School, Narrows View Intermediate School, and Curtis Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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