Listed by RE/MAX Honors, Bought with Better Properties Real Estate
$1,225,000
SOLD MAY 16, 2014

4448 Memory Ln W University Place, WA 98466

4 Beds
3 Baths
3,655 Sq Ft
1.14 Acres

Recently Sold

$335 Per Sq Ft

4% Below List Price

Highlights

  • Boathouse
  • Low Bank Waterfront Property
  • Sauna
  • Sunset Primary School Rated A
  • Views of a Sound
  • 1.14 Acre Lot

About This Home

As of April 2018

Slice of heaven! This home has been loved and it shows. Master suite on waterside - beautiful sunset! 175' of waterfront, includes tideland rights. Beautiful rolling lawn, waterfalls that flow into ponds, outdoor entertaining galore. Stunning kitchen and dining room ready for memory making. Large waterside windows - watch the porpoises play. Swing your clubs at nearby Chambers Bay. Security includes gated entry and cameras.

Last Agent to Sell the Property

Shannon Bell-Peterson

RE/MAX Honors License #89767 Listed on: 03/19/2014

RE/MAX Honors

Last Buyer's Agent

Tina Doane

Better Properties Real Estate License #52236

Better Properties Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 603875

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,348

Year Built

  • Built in 1944

Lot Details

  • 1.14 Acre Lot
  • Low Bank Waterfront Property
  • 175 Feet of Waterfront
  • Street terminates at a dead end
  • Gated Home
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Property is in very good condition

Parking

  • 3 Car Attached Garage

Property Views

  • Views of a Sound
  • Bay
  • Mountain

Home Design

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

Interior Spaces

  • 3,655 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • French Doors
  • Dining Room
  • Sauna
  • Finished Basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Tideland Water Rights
  • Boathouse
  • Sport Court
  • Deck
  • Patio
  • Outbuilding

Utilities

  • Central Air
  • Heat Pump System
  • Generator Hookup
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • University Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0220174034

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,348

Year Built

Built in 1944

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 1944
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 3655
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Basement: Finished
  • Appliances: Dishwasher, Double Oven, Dryer, Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Full Bathrooms: 3
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Heat Pump, Central A/C, Ceramic Tile, Hardwood, Wall to Wall Carpet, Wired for Generator, Bath Off Primary, Double Pane/Storm Window, Dining Room, French Doors, Sauna, Security System, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 3655
  • Bathrooms: 3
  • BathsFullMain: 1
  • SquareFootageFinished: 3655
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Washer

Exterior Features

  • Roof: Cedar Shake
  • View: Bay, Mountain(s), Sound
  • Lot Features: Dead End Street
  • View: Yes
  • Waterfront Features: Bank-Low, Tideland Rights
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • WaterfrontFootage: 175

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Septic System, Electricity Available, Natural Gas Connected
  • HeatingCoolingType: Central A/C,Forced Air,Heat Pump,Stove/Free Standing
  • PowerCompany: TPU/PSE
  • SewerCompany: Septic
  • WaterCompany: TPU

Condo/Co-op/Association

  • Community Features: Community Waterfront/Pvt Beach
  • Senior Community: No

Schools

  • Junior High Dist: University Place

Lot Info

  • Parcel Number: 0220174034
  • Topography: Level,PartialSlope
  • Lot Size Acres: 1.14
  • Lot Size Sq Ft: 49658
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Athletic Court,Boat House,Cable TV,Deck,Fenced-Partially,Gas Available,Gated Entry,High Speed Internet,Outbuildings,Patio,Sprinkler System
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2013
  • Tax Annual Amount: 14348

Multi Family

  • EnergySource: Electric,Natural Gas

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
$2,073,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$673,957
Avg. Annual Appreciation
4.46%

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
4.11%
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:

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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 Type Sale Price Title Company
Warranty Deed $1,399,719 Wfg National Title Insurance
Interfamily Deed Transfer -- None Available
Warranty Deed $1,224,719 First American Title Ins Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $1,895,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $980,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 603875

Northwest Multiple Listing Service (NWMLS)

APN: 022017-4035