NOT LISTED FOR SALE

4507 76th Ave W University Place, WA 98466

Estimated Value: $186,000 - $925,289

8 Beds
6 Baths
3,952 Sq Ft
$178/Sq Ft Est. Value

Last Sold September 18, 2017

Last sale price $510,000 $129 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,159/month

Highlights

  • Patio
  • High Speed Internet
  • Wood Siding
  • Evergreen Primary School Rated A
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of September 2017

Time to step up to the multifamily challenge and own this well maintained 4-plex located in University Place. This is a great buy as these type of units rarely come available. Wonderful location within walking distance to UP shopping center. Units are always rented. Each unit has 2 bedrooms and 1.5 baths, with in unit wash and dryers - no outside laundry. Wood burning fireplace and roomy living and eating areas. Units are cozy and welcoming and have long term tenants - very low turnover.

Last Agent to Sell the Property

Dottie Hoagland

eXp Realty License #27307 Listed on: 06/21/2017

eXp Realty

Last Buyer's Agent

Brent Tornquist

Windermere Prof Partners License #20433

Windermere Prof Partners

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1147490

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,940

Year Built

  • Built in 1974

Lot Details

  • 9,111 Sq Ft Lot
  • Partially Fenced Property
  • Sprinkler System

HOA Fees

  • $142 Monthly HOA Fees

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,952 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • University Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2653000141

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,940

Year Built

Built in 1974

Lot Details

0

HOA Fees

$142 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1974
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3952
  • Special Features: None
  • Cumulative Days on Market: 269

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Stucco, Wood
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 8
  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 248

Condo/Co-op/Association

  • Association Fee: 1700
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: University Place
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 2653000141
  • Lot Size Acres: 0.2092
  • Lot Size Sq Ft: 9111
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: public records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: Washer/Dryer,Water Tank
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 49800
  • Number Of Units Total: 6
  • Electric Expense: 20
  • Insurance Expense: 1000
  • Leasable Area: 3952
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2017
  • Tax Annual Amount: 5940

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2017
Closed on
Sep 13, 2017
Sold by
Aboubakr Karim
Bought by
Zou Yi and Feng Yuning
Seller's Agent
Dottie Hoagland
eXp Realty
Buyer's Agent
Brent Tornquist
Windermere Prof Partners
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%
Total Days on Market
0
Current Estimated Value
$702,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,322
Avg. Annual Appreciation
4.43%
Original Mortgage
$382,500
Outstanding Balance
$323,454
Interest Rate
3.93%
Mortgage Type
Commercial
Estimated Equity
$388,381
Source: Public Records

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
Zou Yi $509,719 Wfg Natl Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zou Yi $382,500
Previous Owner Aboubakr Karim $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2017 09/18/17 Sold $510,000 -2.9% $129 / Sq Ft
06/22/2017 06/22/17 Pending -- -- --
06/21/2017 06/21/17 For Sale $525,000 -- $133 / 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 $3,480 $221,900 $221,900 --
2023 $3,480 $278,800 $278,800 $0
2022 $3,761 $278,800 $278,800 $0
2021 $8,677 $628,100 $188,600 $439,500
2019 $6,361 $528,300 $161,600 $366,700
2018 $6,966 $490,700 $141,800 $348,900
2017 $5,941 $444,500 $120,800 $323,700
2016 $4,991 $320,900 $87,800 $233,100
2014 $4,715 $283,800 $77,200 $206,600
2013 $4,715 $269,100 $70,200 $198,900
Source: Public Records

Agents Affiliated with this Home

  • Dottie Hoagland

    Seller's Agent in 2017

    Dottie Hoagland

    eXp Realty

    (253) 640-8387

    65 Total Sales

    Dottie Hoagland
    Section Image
  • Brent Tornquist

    Buyer's Agent in 2017

    Brent Tornquist

    Windermere Professional Partners

    (253) 988-3756

    5 in this area

    102 Total Sales

    Brent Tornquist
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1147490

Northwest Multiple Listing Service (NWMLS)

APN: 265300-0141

Washington Pierce County University Place 98466

4507 76th Ave W, University Place, WA

This home is located at 4507 76th Ave W, University Place, WA 98466 since 21 June 2017 and is currently estimated at $702,322, approximately $177 per square foot. This property was built in 1974. 4507 76th Ave 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) 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. ©2025 NWMLS.

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