NOT LISTED FOR SALE

5218 87th Avenue Ct W University Place, WA 98467

Estimated Value: $941,000 - $1,035,000

4 Beds
1 Bath
3,130 Sq Ft
$320/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $840,000 $268 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,163/month

2 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 1 Fireplace
  • Evergreen Primary School Rated A
  • Spanish Architecture
  • Corner Lot

About This Home

As of July 2020

University Place Remodeled home in Wescliffe, a Street of Dreams neighborhood, that gives you move-in ready living. New roof, windows, plumbing, furnace, Air Conditioning, electrical panels, added insulation along w/surfaces & finishes throughout. New kitchen, gas cooking, stainless appliances, extensive hardwoods. Large bedrooms incl Master w/sitting area. Sunroom, Nice fenced corner lot among unique homes and in a rare neighborhood of unique architecture, not cookie-cutter homes. A rare blend.

Last Agent to Sell the Property

Michael Morrison

Morrison House Sotheby's Intl License #50025 Listed on: 06/10/2020

Last Buyer's Agent

Christina Fitzer

Real Broker LLC License #122474

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1613132

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,874

Year Built

  • Built in 1978

Lot Details

  • Street terminates at a dead end
  • Property is Fully Fenced
  • Corner Lot
  • Garden

Parking

  • Attached Garage

Home Design

  • Spanish Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Outdoor Features

  • Deck
  • Patio

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 9412000290

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,874

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Spanish/Sw
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Solarium/Atrium, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 4.00
  • Bathrooms: 2.75
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Extra Finished Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3130
  • Square Footage Finished: 3130

Exterior Features

  • Exterior: Stucco, Wood
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Heat Pump
  • Power Company: TPU
  • Sewer: Sewer Connected
  • Sewer Company: Pierce Country Public Works
  • Water Company: TPU
  • Water Heater: Utility Room-Elec
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: University Place
  • Community Features: CCRs

Schools

  • School District: UNP

Lot Info

  • Lot Details: Corner Lot, Curbs, Dead End Street, Paved Street
  • Lot Sq Ft: 9200
  • Lot Topography Vegetation: Garden Space
  • Parcel Number: 9412000290
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space

Tax Info

  • Tax Amount: 6947

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Jul 1, 2020
Sold by
Morrison Latonia
Bought by
Jensen Cameron D and Jensen Brittany K
Seller's Agent
Michael Morrison
Morrison House Sotheby's Intl
Buyer's Agent
Christina Fitzer
Real Broker LLC
List Price
$789,500
Sold Price
$840,000
Premium/Discount to List
$50,500
6.4%
Current Estimated Value
$1,002,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,297
Avg. Annual Appreciation
3.30%
Original Mortgage
$660,000
Outstanding Balance
$586,330
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$415,967

Purchase Details

Listed on
Nov 2, 2018
Closed on
May 30, 2019
Sold by
Gibbons David Blake and Gibbons Alison J
Bought by
Morrison Latonia
Seller's Agent
Troy Rothermel
Redfin
Buyer's Agent
Michael Morrison
Morrison House Sotheby's Intl
List Price
$430,000
Sold Price
$415,000
Premium/Discount to List
-$15,000
-3.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.11%

Purchase Details

Listed on
Nov 2, 2018
Closed on
May 29, 2019
Sold by
Morrison Michael
Bought by
Morrison Latonia
Seller's Agent
Troy Rothermel
Redfin
Buyer's Agent
Michael Morrison
Morrison House Sotheby's Intl
List Price
$430,000
Sold Price
$415,000
Premium/Discount to List
-$15,000
-3.49%

Purchase Details

Closed on
Jul 27, 2013
Sold by
Gibbons David Blake
Bought by
Gibbons David Blake and Gibbons Alison J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2010
Sold by
Gibbons Blake and Gibbons David Blake
Bought by
Gibbons David Blake

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,046
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 25, 2002
Sold by
Gibbons Alison
Bought by
Gibbons Blake

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.84%

Purchase Details

Closed on
Mar 7, 2002
Sold by
Yu Allen H B
Bought by
Gibbons Blake

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.84%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jensen Cameron D $840,000 Fidelity National Title
Morrison Latonia $415,000 Fidelity National Title
Morrison Latonia -- Fidelity National Title
Gibbons David Blake -- Old Republic Title Ltd
Gibbons David Blake -- Nations Title
Gibbons Blake -- --
Gibbons Blake $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jensen Cameron D $660,000
Previous Owner Gibbons David Blake $296,000
Previous Owner Gibbons David Blake $305,046
Previous Owner Gibbons Blake $220,000
Closed Gibbons Blake $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2020 07/02/20 Sold $840,000 +6.4% $268 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $789,500 +90.2% $252 / Sq Ft
06/04/2019 06/04/19 Sold $415,000 -3.5% $133 / Sq Ft View Prior Sale
02/20/2019 02/20/19 Pending -- -- --
02/17/2019 02/17/19 For Sale $430,000 0.0% $137 / Sq Ft
01/12/2019 01/12/19 Pending -- -- --
12/28/2018 12/28/18 Price Changed $430,000 -8.5% $137 / Sq Ft
12/21/2018 12/21/18 For Sale $469,950 0.0% $150 / Sq Ft
12/20/2018 12/20/18 Pending -- -- --
11/02/2018 11/02/18 For Sale $469,950 -- $150 / 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 $10,874 $1,030,100 $347,100 $683,000
2024 $10,874 $996,600 $342,300 $654,300
2023 $10,874 $928,300 $320,900 $607,400
2022 $9,264 $909,300 $307,300 $602,000
2021 $8,703 $635,600 $197,300 $438,300
2019 $6,145 $481,400 $169,100 $312,300
2018 $6,799 $479,200 $153,800 $325,400
2017 $6,090 $438,300 $137,100 $301,200
2016 $6,525 $413,200 $118,100 $295,100
2014 $5,680 $380,700 $107,100 $273,600
2013 $5,680 $344,200 $96,900 $247,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1613132

Northwest Multiple Listing Service (NWMLS)

APN: 941200-0290