Listed by Engel & Voelkers Chambers Bay, Bought with eXp Realty
$415,000
SOLD JUN 13, 2018

4351 67th Ave W University Place, WA 98466

-- Bed
-- Bath
2,898 Sq Ft
7,100 Sq Ft Lot

Recently Sold

$143 Per Sq Ft

4% Above List Price

14 Days on Market

Highlights

  • Deck
  • Corner Lot
  • High Speed Internet
  • Territorial View
  • Patio
  • Partially Fenced Property

About This Home

As of July 2020

This excellent investment opportunity duplex delivers a stellar rental history & a convenient location in the highly sought after University Place/Fircrest area of Pierce County. Unit B was just overhauled & now commands rent of $1750 per month. Unit A is currently rented but has the same potential. Both units are very large & include features such as flexibility to be 4BR or 3BR w/ office, open living spaces, multiple bathrooms, storage, updated finishes & kitchens w/ all appliances included.

Last Agent to Sell the Property

Steve Sloboda

Engel & Voelkers Chambers Bay License #18792 Listed on: 04/21/2018

Engel & Voelkers Chambers Bay

Last Buyer's Agent

Lisa Wray

eXp Realty License #128830

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1278362

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,460

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
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Weathervane Condos
  • Fircrest Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 9393300011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,460

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
  • New Construction: No
  • CalculatedSquareFootage: 2898
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: SEE AGENT REMARKS FOR SHOWING DETAILS
  • Special Features: None
  • Cumulative Days on Market: 382

Interior Features

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

Exterior Features

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

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: Pierce County
  • WaterCompany: Fircrest
  • WaterSewerGarbage: 388

Schools

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

Lot Info

  • Parcel Number: 9393300011
  • Lot Size Acres: 0.163
  • Lot Size Sq Ft: 7100
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Tax Records
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 1

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 2745

Multi Family

  • Gross Scheduled Income: 34140
  • Net Operating Income: 26865
  • Number Of Units Total: 2
  • Insurance Expense: 955
  • Leasable Area: 2898
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3460

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 Dhavan and Parikh Palak
Bought by
Nye Blair Thomas and Nye Alexandria Denise
Current Estimated Value
$825,017

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
$711,101
Interest Rate
4.42%
Mortgage Type
VA
Estimated Equity
$113,916

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
9.50%
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
13.73%
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
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 Type Sale Price Title Company
Warranty Deed -- Wfg National Title Company Of
Warranty Deed $515,000 Wfg Natl Ttl Co Of Wa Llc
Warranty Deed $414,719 Ticor Title
Warranty Deed $176,264 Wfg National Title Company
Bargain Sale Deed $145,000 None Available
Trustee Deed $224,204 First American Title Ins Co
Warranty Deed $343,000 Multiple
Warranty Deed $286,000 Lawyers Title Agency Of Sout
Warranty Deed $190,000 First American Title Ins Co
Warranty Deed -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $753,226 VA
Previous Owner $386,250 New Conventional
Previous Owner $311,250 New Conventional
Previous Owner $180,000 New Conventional
Previous Owner $176,250 Purchase Money Mortgage
Previous Owner $152,750 Construction
Previous Owner $135,150 Stand Alone Second
Previous Owner $261,700 Unknown
Previous Owner $68,600 Stand Alone Second
Previous Owner $274,400 Fannie Mae Freddie Mac
Previous Owner $228,800 Purchase Money Mortgage
Previous Owner $171,000 No Value Available
Previous Owner $130,492 Assumption
Closed $57,200 No Value Available
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
2025 $5,918 $692,100 $283,000 $409,100
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: 1278362

Northwest Multiple Listing Service (NWMLS)

APN: 939330-0011