NOT LISTED FOR SALE

4351 67th Ave W University Place, WA 98466

Estimated Value: $741,574 - $881,000

8 Beds
4 Baths
2,898 Sq Ft
$278/Sq Ft Est. Value

Last Sold July 01, 2020

Last sale price $515,000 $178 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,996/month

30 Days on Market

Highlights

  • Deck
  • Ceramic Tile Flooring
  • Partially Fenced Property
  • Corner Lot
  • High Speed Internet
  • Wood Siding

About This Home

As of July 2020

Incredible rare opportunity to own investment property in desirable University Place. Both units are spacious with beautiful wood vaulted ceilings in the main living area, and have been recently remodeled. One tenant is month to month, providing an opportunity for owner occupancy, if desired. One side has 4 bdrms, other side has 3 bdrms + bonus room for office or convert to 4th bdrm. Full size washer/dryer in both units. Minutes from freeway, shopping, restaurants, and Chambers Bay Golf Course.

Last Listed By

Lisa Wray

eXp Realty License #128830 Listed on: 04/23/2020

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1593006

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,541

Year Built

  • Built in 1976

Lot Details

  • 7,100 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,898 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Weathervane 3Rd Add Condos
  • Fircrest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 939330-001-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,541

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1976
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Weathervane 3rd Add
  • New Construction: No
  • CalculatedSquareFootage: 2898
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 291

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Laminate Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: Pierce County
  • WaterCompany: Fircrest
  • WaterSewerGarbage: 454

Schools

  • Junior High Dist: Tacoma
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 939330-001-1
  • Lot Size Acres: 0.163
  • Lot Size: 7100
  • Lot Size Sq Ft: 7100
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 40800
  • Net Operating Income: 35162
  • Number Of Units Total: 6
  • Insurance Expense: 1484
  • Leasable Area: 2898
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3541

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2022
Sold by
Parikh and Palak
Bought by
Nye Blair Thomas and Nye Alexandria Denise
Total Days on Market
30
Current Estimated Value
$804,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$753,226
Outstanding Balance
$715,705
Interest Rate
4.42%
Mortgage Type
VA
Estimated Equity
$75,917

Purchase Details

Listed on
Apr 23, 2020
Closed on
Jun 30, 2020
Sold by
Tvedt Lisa and Wray Sherwin
Bought by
Parikh Dhavan and Parikh Palak
Seller's Agent
Lisa Wray
eXp Realty
Buyer's Agent
Samantha Victor
COMPASS
List Price
$550,000
Sold Price
$515,000
Premium/Discount to List
-$35,000
-6.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.17%
Original Mortgage
$386,250
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 21, 2018
Closed on
Jun 1, 2018
Sold by
Angelo Nathaniel and Angelo Jennifer
Bought by
Tvedt Lisa and Wray Sherwin
Seller's Agent
Steve Sloboda
Engel & Voelkers Chambers Bay
Buyer's Agent
Lisa Wray
eXp Realty
List Price
$399,950
Sold Price
$415,000
Premium/Discount to List
$15,050
3.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.11%
Original Mortgage
$311,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2012
Sold by
Curry Dean G and Curry Anne W
Bought by
Angelo Nathaniel and Angelo Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 10, 2011
Closed on
Mar 1, 2012
Sold by
Ing Bank Fsb
Bought by
Curry Dean G and Curry Anne W
Buyer's Agent
Anne Curry
Better Properties N. Proctor
List Price
$194,900
Sold Price
$145,000
Premium/Discount to List
-$49,900
-25.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.70%
Original Mortgage
$152,750
Interest Rate
3.83%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 5, 2009
Sold by
Smith Tyrone
Bought by
Ing Bank Fsb

Purchase Details

Closed on
Sep 27, 2005
Sold by
Tran Huy H
Bought by
Smith Tyrone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,600
Interest Rate
5.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 7, 2005
Sold by
Gibson John and Gibson Juli A
Bought by
Tran Huy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,800
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2003
Sold by
Johnson Gary W
Bought by
Gibson John and Gibson Juli A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
5.72%

Purchase Details

Closed on
Jul 28, 1994
Sold by
Walker Nathan L and Walker Jeannie P
Bought by
Johnson Gary W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,492
Interest Rate
8.38%
Mortgage Type
Assumption

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
Nye Blair Thomas -- Wfg National Title Company Of
Parikh Dhavan $515,000 Wfg Natl Ttl Co Of Wa Llc
Tvedt Lisa $414,719 Ticor Title
Angelo Nathaniel $176,264 Wfg National Title Company
Curry Dean G $145,000 None Available
Ing Bank Fsb $224,204 First American Title Ins Co
Smith Tyrone $343,000 Multiple
Tran Huy H $286,000 Lawyers Title Agency Of Sout
Gibson John $190,000 First American Title Ins Co
Johnson Gary W -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nye Blair Thomas $753,226
Previous Owner Parikh Dhavan $386,250
Previous Owner Tvedt Lisa $311,250
Previous Owner Angelo Nathaniel $180,000
Previous Owner Angelo Nathaniel $176,250
Previous Owner Curry Dean G $152,750
Previous Owner Smith Tyrone $135,150
Previous Owner Smith Tyrone $261,700
Previous Owner Smith Tyrone $68,600
Previous Owner Smith Tyrone $274,400
Previous Owner Tran Huy H $228,800
Previous Owner Gibson John $171,000
Previous Owner Johnson Gary W $130,492
Closed Tran Huy H $57,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2020 07/01/20 Sold $515,000 -6.4% $178 / Sq Ft
05/23/2020 05/23/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $550,000 +32.5% $190 / Sq Ft
06/13/2018 06/13/18 Sold $415,000 +3.8% $143 / Sq Ft
05/05/2018 05/05/18 Pending -- -- --
04/21/2018 04/21/18 For Sale $399,950 +175.8% $138 / Sq Ft
03/08/2012 03/08/12 Sold $145,000 -25.6% $50 / Sq Ft
01/13/2012 01/13/12 Pending -- -- --
11/11/2011 11/11/11 For Sale $194,900 -- $67 / 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 $5,918 $653,300 $266,300 $387,000
2023 $5,918 $620,600 $266,100 $354,500
2022 $5,205 $587,800 $273,600 $314,200
2021 $4,872 $419,500 $183,200 $236,300
2019 $3,541 $378,400 $156,900 $221,500
2018 $3,913 $328,700 $136,600 $192,100
2017 $3,460 $294,400 $110,800 $183,600
2016 $3,162 $222,800 $80,500 $142,300
2014 $2,928 $213,900 $77,300 $136,600
2013 $2,928 $199,700 $69,600 $130,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1593006

Northwest Multiple Listing Service (NWMLS)

APN: 939330-0011