NOT LISTED FOR SALE

5108 54th St W Unit 5110 University Place, WA 98467

Estimated Value: $599,000 - $697,000

4 Beds
3 Baths
1,694 Sq Ft
$381/Sq Ft Est. Value

Last Sold August 21, 2015

Last sale price $270,000 $159 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $4,164/month

6 Days on Market

About This Home

As of August 2015

Very attractive, well maintained Duplex. One unit occupied, one vacant. Could be owner occupied or investment.

Rickie Lee Olson

Better Properties Sterling License #102029 Listed on: 07/14/2015

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 819886

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,774

Year Built

  • Built in 1974

Lot Details

  • 0.42 Acre Lot
  • Street terminates at a dead end

Home Design

  • Duplex
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,694 Sq Ft Home
  • 1-Story Property

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Septic Tank
  • Septic System

Community Details

  • University Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0220235001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,774

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1974
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1694
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 293

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • WaterSewerGarbage: 660

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 0220235001
  • Lot Size Acres: 0.42
  • Lot Size Sq Ft: 18295
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Pierce County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 21240
  • Net Operating Income: 16051
  • Number Of Units Total: 2
  • Insurance Expense: 755
  • Leasable Area: 1694
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 8

Tax Info

  • Year: 2015
  • Tax Annual Amount: 3774

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2015
Closed on
Aug 21, 2015
Sold by
Ar Orlando Llc
Bought by
Bintasan Sunida
Buyer's Agent
Rickie Lee Olson
Better Properties Sterling
List Price
$280,000
Sold Price
$270,000
Premium/Discount to List
-$10,000
-3.57%
Total Days on Market
6
Current Estimated Value
$645,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,333
Avg. Annual Appreciation
9.66%

Purchase Details

Closed on
Jun 8, 2010
Sold by
Orlando Alfred R
Bought by
Ar Orlando 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
Bintasan Sunida $269,719 Wfg National Title Company
Ar Orlando Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2015 08/21/15 Sold $270,000 -3.6% $159 / Sq Ft
07/22/2015 07/22/15 Pending -- -- --
07/15/2015 07/15/15 For Sale $280,000 -- $165 / 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 $6,708 $545,300 $283,300 $262,000
2023 $6,708 $547,300 $292,200 $255,100
2022 $5,853 $542,600 $300,400 $242,200
2021 $5,510 $392,100 $200,300 $191,800
2019 $4,448 $348,400 $170,700 $177,700
2018 $4,545 $323,900 $163,400 $160,500
2017 $4,303 $275,600 $130,300 $145,300
2016 $3,774 $217,200 $93,700 $123,500
2014 $3,785 $204,900 $89,300 $115,600
2013 $3,785 $196,100 $89,300 $106,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 819886

Northwest Multiple Listing Service (NWMLS)

APN: 022023-5001