NOT LISTED FOR SALE

4448 Memory Ln W University Place, WA 98466

Estimated Value: $1,624,000 - $2,358,000

4 Beds
1 Bath
3,655 Sq Ft
$568/Sq Ft Est. Value

Last Sold April 26, 2018

Last sale price $1,400,000 $383 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $12,811/month

28 Days on Market

Highlights

  • Boathouse
  • Views of a Sound
  • RV Access or Parking
  • Sunset Primary School Rated A
  • Spa
  • Deck

About This Home

As of April 2018

Sweeping Puget Sounds views on over an acre, waterfalls flow to ponds, entertaining areas & rolling lawn w/175'waterfront. 4 bed/ 3 baths large Master w/water views, en suite, 2 walk-ins & french door to balcony w/ expansive view. Tasteful kitchen, dining room overlooks grounds and Sound, Living area w/abundant windows to setting sun. Finished basement-huge bonus rm-tons of storage. Gated entry. 3 car garage. Beach club / boathouse access. By Chambers Bay Golf. UP Schools. Unique on Memory Lane.

Last Agent to Sell the Property

Michael Morrison

Morrison House Sotheby's Intl License #50025 Listed on: 03/01/2018

Last Buyer's Agent

Michael Morrison

Morrison House Sotheby's Intl License #50025 Listed on: 03/01/2018

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1250125

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,079

Year Built

  • Built in 1944

Lot Details

  • Street terminates at a dead end
  • Gated Home
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Garden

Property Views

  • Views of a Sound
  • Mountain Views

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

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

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Spa
  • Boathouse
  • Deck
  • Patio
  • Outbuilding

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0220174034

Community Details

Overview

  • University Place Community

Recreation

  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,079

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Traditional
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wired For Generator, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, Sauna, Security System, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Range/Oven
  • Bedrooms: 4.00
  • Bathrooms: 2.75
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Basement: Fully Finished
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3655
  • Square Footage Finished: 3655

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Cedar Shake
  • View: Mountain, Sound

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Central A/C, Heat Pump
  • Sewer: Septic
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: University Place

Schools

  • School District: UNP

Lot Info

  • Lot Details: Curbs, Dead End Street, Paved Street
  • Lot Sq Ft: 49658
  • Lot Topography Vegetation: Garden Space, Level, Partial Slope
  • Parcel Number: 0220174034
  • Lot Topography: Garden Space, Level, Partial Slope

Tax Info

  • Tax Amount: 17700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2018
Closed on
Apr 12, 2018
Sold by
Sutherland Douglas Edward and Sutherland Valerie Hope Slocum
Bought by
Ewan Ann
Seller's Agent
Michael Morrison
Morrison House Sotheby's Intl
Buyer's Agent
Michael Morrison
Morrison House Sotheby's Intl
List Price
$1,500,000
Sold Price
$1,400,000
Premium/Discount to List
-$100,000
-6.67%
Current Estimated Value
$2,076,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$676,062
Avg. Annual Appreciation
5.33%

Purchase Details

Closed on
Apr 20, 2016
Sold by
Sutherland Douglas Edward and Sutherland Valerie Hope Slocum
Bought by
The Sutherland Living Trust

Purchase Details

Listed on
Mar 19, 2014
Closed on
May 12, 2014
Sold by
Phillips Michael J A and Phillips Chantelle M
Bought by
Sutherland Douglas Edward and Sutherland Valerie Hope Slocum
Seller's Agent
Shannon Bell-Peterson
RE/MAX Honors
Buyer's Agent
Tina Doane
Better Properties Real Estate
List Price
$1,275,000
Sold Price
$1,225,000
Premium/Discount to List
-$50,000
-3.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Original Mortgage
$980,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 23, 2012
Sold by
Phillips Michael J A and Phillips Chantelle M
Bought by
Phillips Michael J A and Phillips Chantelle M

Purchase Details

Closed on
May 9, 2006
Sold by
Knight Ronald W and Knight Patricia L
Bought by
Phillips Mike and Phillips Chantelle
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
Ewan Ann $1,399,719 Wfg National Title Insurance
The Sutherland Living Trust -- None Available
Sutherland Douglas Edward $1,224,719 First American Title Ins Co
Phillips Michael J A -- None Available
Phillips Michael J A -- None Available
Phillips Mike $1,895,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sutherland Douglas Edward $980,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2018 04/26/18 Sold $1,400,000 -6.7% $383 / Sq Ft
03/30/2018 03/30/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $1,500,000 +22.4% $410 / Sq Ft
05/16/2014 05/16/14 Sold $1,225,000 -3.9% $335 / Sq Ft View Prior Sale
04/10/2014 04/10/14 Pending -- -- --
03/19/2014 03/19/14 For Sale $1,275,000 -- $349 / 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 $23,079 $2,134,500 $1,273,100 $861,400
2024 $23,079 $1,990,200 $1,193,000 $797,200
2023 $23,079 $1,994,500 $1,283,100 $711,400
2022 $21,956 $2,153,700 $1,380,300 $773,400
2021 $20,280 $1,502,500 $941,400 $561,100
2019 $16,412 $1,371,600 $832,200 $539,400
2018 $0 $1,308,500 $806,200 $502,300
2017 $17,605 $1,247,400 $767,800 $479,600
2016 $16,265 $1,017,800 $595,000 $422,800
2014 $14,348 $967,800 $556,600 $411,200
2013 $14,348 $836,000 $479,900 $356,100
Source: Public Records

Agents Affiliated with this Home

  • Michael Morrison

    Seller's Agent in 2018

    Michael Morrison

    Morrison House Sotheby's Intl

    (253) 606-5925

    32 in this area

    216 Total Sales

    Michael Morrison
    Section Image
  • Shannon Bell-Peterson

    Seller's Agent in 2014

    Shannon Bell-Peterson

    RE/MAX

    (253) 273-8433

    19 in this area

    230 Total Sales

    Shannon Bell-Peterson
    Section Image

  • T

    Buyer's Agent in 2014

    Tina Doane

    Better Properties Real Estate

    (253) 589-2680

    2 in this area

    8 Total Sales

    Tina Doane
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1250125

Northwest Multiple Listing Service (NWMLS)

APN: 022017-4035

Washington Pierce County University Place 98466

4448 Memory Ln 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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