Listed by Windermere Prof Partners, Bought with Marketplace Sotheby's Intl Rty
$380,000
SOLD NOV 16, 2017

4820 79th Ave W Unit 4824 University Place, WA 98467

-- Bed
-- Bath
2,544 Sq Ft
0.35 Acres

Recently Sold

$149 Per Sq Ft

3% Below List Price

53 Days on Market

Highlights

  • RV Access or Parking
  • Patio
  • Wood Siding
  • Evergreen Primary School Rated A
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of November 2017

Newer Roof, Always Maintained, Stable Tenants, Great University Place Location, Rents are lower than market and should be increased. Large Level Lot and Rarely Vacant. Please do not disturb the tenants.

Last Agent to Sell the Property

Barbara Magnuson

Windermere Prof Partners License #9942 Listed on: 08/16/2017

Windermere Prof Partners

Last Buyer's Agent

Patrice Conner

Marketplace Sotheby's Intl Rty License #122498

Marketplace Sotheby's Intl Rty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1175414

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,729

Year Built

  • Built in 1977

Lot Details

  • 0.35 Acre Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,544 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 5 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Patio

Schools

  • Evergreen Primary Elementary School
  • Drum Intermed Middle School
  • Curtis Snr High School

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • University Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 022022-6-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,729

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1977
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2544
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 335

Interior Features

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

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electric, Wood
  • PowerCompany: TPU
  • SewerCompany: Septic
  • WaterCompany: TPU
  • WaterSewerGarbage: 3600

Schools

  • Junior High Dist: University Place
  • High School: Curtis Snr High
  • Middle Or Junior School: Drum Intermed

Lot Info

  • Parcel Number: 022022-6-013
  • Lot Size Acres: 0.35
  • Lot Size Sq Ft: 15246
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Patio,RV Parking
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 2325

Multi Family

  • Gross Scheduled Income: 27900
  • Net Operating Income: 18571
  • Number Of Units Total: 2
  • Insurance Expense: 1000
  • Leasable Area: 2544
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 4729

MLS Schools

  • Elementary School: Evergreen Primary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2023
Sold by
Qu Xiuqin
Bought by
Sadalge Sandesh Subhash and Neuendorffer Maya
Total Days on Market
53
Current Estimated Value
$766,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$515,415
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$253,335

Purchase Details

Listed on
Aug 16, 2017
Closed on
Nov 9, 2017
Sold by
Yee Andrew G and Yee Andrew
Bought by
Qu Xinxin and Qu Xiuqin
Seller's Agent
Barbara Magnuson
Windermere Prof Partners
Buyer's Agent
Patrice Conner
Marketplace Sotheby's Intl Rty
List Price
$390,000
Sold Price
$380,000
Premium/Discount to List
-$10,000
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%

Purchase Details

Listed on
May 7, 2014
Closed on
Jul 30, 2014
Sold by
Wright Leonard E and Wright Joyce M
Bought by
Yee Andrew G
List Price
$287,500
Sold Price
$288,000
Premium/Discount to List
$500
0.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%
Original Mortgage
$216,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2004
Sold by
Wright Leonard
Bought by
Wright Leonard E and Wright Joyce M

Purchase Details

Closed on
Nov 14, 2003
Sold by
Wright Leonard E
Bought by
Wright Leonard and Wright Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2002
Sold by
Wright Leonard
Bought by
Wright Leonard E and Wright Joyce M

Purchase Details

Closed on
Jul 27, 2001
Sold by
Fife Michael G
Bought by
Wright Leonard and Wright Joyce M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
7.15%
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 Type Sale Price Title Company
Warranty Deed -- Stewart Title
Warranty Deed $379,719 Ticor Title
Warranty Deed $287,719 Puget Sound Title
Interfamily Deed Transfer -- Puget Sound Title
Interfamily Deed Transfer -- Puget Sound Title Company
Interfamily Deed Transfer -- --
Warranty Deed $197,777 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $525,000 New Conventional
Previous Owner $216,000 New Conventional
Previous Owner $177,000 Purchase Money Mortgage
Previous Owner $119,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2017 11/16/17 Sold $380,000 -2.6% $149 / Sq Ft
10/09/2017 10/09/17 Pending -- -- --
08/16/2017 08/16/17 For Sale $390,000 +35.4% $153 / Sq Ft
07/31/2014 07/31/14 Sold $288,000 +0.2% $104 / Sq Ft
05/12/2014 05/12/14 Pending -- -- --
05/07/2014 05/07/14 For Sale $287,500 -- $104 / 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 $7,958 $672,400 $305,100 $367,300
2023 $7,958 $667,600 $322,700 $344,900
2022 $7,001 $675,500 $322,700 $352,800
2021 $6,847 $492,200 $218,200 $274,000
2019 $5,279 $451,400 $187,100 $264,300
2018 $5,459 $404,500 $169,400 $235,100
2017 $4,998 $345,200 $144,200 $201,000
2016 $4,261 $272,400 $104,800 $167,600
2014 $3,995 $240,700 $92,200 $148,500
2013 $3,995 $225,200 $83,800 $141,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1175414

Northwest Multiple Listing Service (NWMLS)

APN: 022022-6013