NOT LISTED FOR SALE

5012 88th Ave W University Place, WA 98467

Estimated Value: $890,000 - $960,000

4 Beds
3 Baths
2,800 Sq Ft
$334/Sq Ft Est. Value

Last Sold March 15, 2018

Last sale price $607,500 $217 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,740/month

91 Days on Market

Highlights

  • Wooded Lot
  • Traditional Architecture
  • 1 Fireplace
  • Evergreen Primary School Rated A
  • Wood Flooring
  • Attached Garage

About This Home

As of March 2018

PRESALE opportunity in University Place. Award winning Mykland construction is honored to build on the last Raw Lot available in the popular Parkridge neighborhood. His vision for this location is a 2800 Sq Ft 2-story home with 4 bedrooms, 3 baths, Den, Bonus and great room on the main. Top Notch Finishes, 4 car garage and a Flat landscaped lot. All bedrooms are upstairs along with a bonus room. Close to schools, Chambers Bay and shopping. Estimated completion date is scheduled for February.

Last Agent to Sell the Property

Jeff Jensen

Keller Williams Rty Tacoma License #17195 Listed on: 10/17/2017

Keller Williams Rty Tacoma

Last Buyer's Agent

Curtis Gibson

Windermere Prof Partners License #86136

Windermere Prof Partners

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1199145

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,281

Year Built

  • Built in 2018

Lot Details

  • Street terminates at a dead end
  • Brush Vegetation
  • Level Lot
  • Wooded Lot
  • Garden

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Additional Features

  • 1 Fireplace
  • Patio
  • Cable TV Available

Community Details

  • University Place Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 6723000350

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,281

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Traditional
  • New Construction: Presale
  • Homebuilder: Mykland Construction LLC
  • Building Information: Built On Lot
  • Entrance Level: Main
  • New Construction: Y
  • Year Built: 2018
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven
  • Bedrooms: 4.00
  • Bathrooms: 2.50
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Dining Room: Main
  • Extra Finished Room: Upper
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2800
  • Square Footage Finished: 2800

Exterior Features

  • Exterior: Cement Planked
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 4

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: TPU
  • Sewer: Sewer Connected
  • Sewer Company: Pierce County
  • Water Company: TPU
  • Water Heater: garage-gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: University Place
  • Project: Park Ridge - UP
  • Community Features: CCRs

Schools

  • Elementary School: Chambers Elem
  • Middle School: Drum Intermed
  • High School: Curtis Snr High
  • School District: UNP

Lot Info

  • Lot Number: 35
  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 11000
  • Lot Topography Vegetation: Brush, Garden Space, Level, Wooded
  • Parcel Number: 6723000350
  • Zoning Jurisdiction: City
  • Lot Topography: Brush, Garden Space, Level, Wooded

Tax Info

  • Tax Amount: 1717

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2017
Closed on
Mar 13, 2018
Sold by
Mykland Construction Llc
Bought by
Gibson Curtis and Gibson Megan
Seller's Agent
Jeff Jensen
Keller Williams Rty Tacoma
Buyer's Agent
Curtis Gibson
Windermere Prof Partners
List Price
$619,950
Sold Price
$607,500
Premium/Discount to List
-$12,450
-2.01%
Total Days on Market
91
Current Estimated Value
$935,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,261
Avg. Annual Appreciation
6.92%
Original Mortgage
$486,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2017
Sold by
Jelliffe Patricia F and Williams Susan F
Bought by
Mykland Construction Llc
Source: Public Records

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Range of Values:

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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
Gibson Curtis $607,219 Attorneys Title
Mykland Construction Llc $149,719 Attorneys Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Curtis $175,000
Open Gibson Curtis $510,400
Closed Gibson Curtis $56,000
Closed Gibson Curtis $486,000
Previous Owner Mykland Construction Llc $295,768
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2018 03/15/18 Sold $607,500 -2.0% $217 / Sq Ft
01/17/2018 01/17/18 Pending -- -- --
10/17/2017 10/17/17 For Sale $619,950 -- $221 / 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 $9,281 $853,000 $348,700 $504,300
2023 $9,281 $789,200 $319,700 $469,500
2022 $8,697 $853,700 $336,700 $517,000
2021 $8,043 $586,200 $216,200 $370,000
2019 $6,497 $541,000 $185,300 $355,700
2018 $2,033 $524,000 $173,600 $350,400
2017 $1,717 $134,700 $134,700 $0
2016 $1,576 $104,500 $104,500 $0
2014 $1,363 $94,700 $94,700 $0
2013 $1,363 $85,700 $85,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Jensen

    Seller's Agent in 2018

    Jeff Jensen

    Keller Williams Rty Tacoma

    (253) 460-8640

    9 in this area

    115 Total Sales

    Jeff Jensen
    Section Image
  • Curtis Gibson

    Buyer's Agent in 2018

    Curtis Gibson

    Windermere Professional Partners

    (253) 691-2521

    20 in this area

    144 Total Sales

    Curtis Gibson
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1199145

Northwest Multiple Listing Service (NWMLS)

APN: 672300-0350

Washington Pierce County University Place 98467

5012 88th Ave W, University Place, WA

This home is located at 5012 88th Ave W, University Place, WA 98467 since 17 October 2017 and is currently estimated at $935,761, approximately $334 per square foot. This property was built in 2018. 5012 88th Ave W is a home located in Pierce County with nearby schools including Evergreen Primary School, Drum Intermediate School, and Chambers Elementary 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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