Listed by Park 52, Inc., Bought with WEBREALTY
NOT LISTED FOR SALE

4522 Sunset Dr W Unit 4525 University Place, WA 98466

Estimated Value: $565,000 - $701,000

4 Beds
2 Baths
1,840 Sq Ft
$348/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $570,000 $310 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,933/month

7 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • 1-Story Property
  • Evergreen Primary School Rated A

About This Home

As of December 2023

Great investment opportunity in the heart of University Place with both sides occupied by long term tenants. Each side has 2 bedrooms, 1 bathroom, in-unit laundry room with hook-ups, and access to huge fenced backyard with storage. Units also come with one car carport that has additional storage and extra driveway parking. Close to Whole Foods, Traders Joe's, Chambers Bay, schools, parks, shopping, and more!

Last Agent to Sell the Property

Carrie Jakeman

Park 52, Inc. License #24297 Listed on: 11/06/2023

Last Buyer's Agent

Cory Burger

WEBREALTY License #80600

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2177850

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,200

Year Built

  • Built in 1967

Lot Details

  • 0.31 Acre Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,840 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Parking Spaces
  • Open Parking

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • University Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 022015-3-120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,200

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1967
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1840
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: TPU
  • SewerCompany: PCS
  • WaterCompany: TPU
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: University Place

Lot Info

  • Parcel Number: 022015-3-120
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13504
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 16.4
  • LeasedItems: None
  • TotalMonthlyIncome: 2925

Multi Family

  • Gross Scheduled Income: 35100
  • Net Operating Income: 25050
  • Number Of Units Total: 2
  • Insurance Expense: 1400
  • Leasable Area: 1840
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 6200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2023
Closed on
Dec 12, 2023
Sold by
Owen Lawrence W
Bought by
Sanchez Matthew D and Sanchez Carolyn
Seller's Agent
Carrie Jakeman
Park 52, Inc.
Buyer's Agent
Cory Burger
WEBREALTY
List Price
$575,000
Sold Price
$570,000
Premium/Discount to List
-$5,000
-0.87%
Views
8
Current Estimated Value
$639,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,843
Avg. Annual Appreciation
9.82%
Original Mortgage
$570,000
Interest Rate
7.76%
Mortgage Type
VA

Purchase Details

Closed on
Mar 26, 2008
Sold by
Owen Diana J
Bought by
Owen Diana J and Owen Lawrence W
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
Sanchez Matthew D $570,000 Rainier Title
Owen Diana J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Matthew D $570,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $570,000 -0.9% $310 / Sq Ft
11/13/2023 11/13/23 Pending -- -- --
11/06/2023 11/06/23 For Sale $575,000 -- $313 / 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 $6,487 $571,400 $309,400 $262,000
2024 $6,487 $537,300 $297,500 $239,800
2023 $6,487 $539,100 $311,800 $227,300
2022 $5,738 $545,400 $311,800 $233,600
2021 $5,512 $392,300 $210,900 $181,400
2019 $4,214 $357,600 $180,700 $176,900
2018 $3,989 $318,500 $162,400 $156,100
2017 $3,989 $273,000 $138,300 $134,700
2016 $3,368 $211,500 $100,500 $111,000
2014 $3,275 $186,900 $88,500 $98,400
2013 $3,275 $175,300 $80,400 $94,900
Source: Public Records

Agents Affiliated with this Home

  • Carrie Jakeman

    Seller's Agent in 2023

    Carrie Jakeman

    Park 52, Inc.

    (253) 224-5877

    5 in this area

    58 Total Sales

    Carrie Jakeman
    Section Image
  • Cory Burger

    Buyer's Agent in 2023

    Cory Burger

    WEBREALTY

    (360) 701-5391

    1 in this area

    173 Total Sales

    Cory Burger
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2177850

Northwest Multiple Listing Service (NWMLS)

APN: 022015-3120

Washington Pierce County University Place 98466

4522 Sunset Dr W Unit 4525, University Place, WA

This home is located at 4522 Sunset Dr W Unit 4525, University Place, WA 98466 since 06 November 2023 and is currently estimated at $639,843, approximately $347 per square foot. This property was built in 1967. 4522 Sunset Dr W Unit 4525 is a home located in Pierce County with nearby schools including Evergreen Primary School, Sunset Primary School, and Drum Intermediate 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) 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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