R
Seller's Agent in 2025
Riley Holder
Windermere Corporate
(253) 304-6152
2 in this area
39 Total Sales
Listed by Windermere Prof Partners, Bought with Premier Real Estate Partners
5220 64th St W University Place, WA 98467
South Tacoma Neighborhood
0.4
Acre
$1,175,743
Price per Acre
17,598
Sq Ft Lot
Highlights
- 0.4 Acre Lot
- Corner Lot
- No HOA
About This Lot
As of March 2025Approved short plat for multi-units - Investor opportunity! Should be 9+ units possible on this site subj to buyer verification. Home currently rented, and this sale includes two additional lots that have already been short platted for Multi-Unit, and sewer is already at each lot. Complete the two multi-units while maintaining tenants in the home. Great for cash flow! No sign- Do not disturb tenants.
Last Agent to Sell the Property
Windermere Prof Partners License #25001405 Listed on: 11/16/2024
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2311417
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,856
Lot Details
- 0.4 Acre Lot
- Corner Lot
Community Details
- No Home Owners Association
- Manitou Subdivision
Listing and Financial Details
- Assessor Parcel Number 0220265007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 16, 2024
Closed on
Mar 17, 2025
Sold by
Ksm Llc
Bought by
Lara Adonis and Lara Melicia
Seller's Agent
Riley Holder
Windermere Prof Partners
Buyer's Agent
Cal Farrah
Premier Real Estate Partners
List Price
$500,000
Sold Price
$475,000
Premium/Discount to List
-$25,000
-5%
Views
64
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,647
Avg. Annual Appreciation
-10.82%
Original Mortgage
$390,600
Outstanding Balance
$389,624
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$59,967
Purchase Details
Closed on
May 22, 2013
Sold by
Mullin Kevin C and Mullin Shelly G
Bought by
Mullin Kevin C and Mullin Shelly G
Purchase Details
Closed on
Nov 22, 2005
Sold by
Terhar Jeremy D
Bought by
Mullin Kevin C and Mullin Shelly G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jan 29, 2002
Sold by
Wilber Terry A
Bought by
Terhar Jeremy D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,450
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 2, 1997
Sold by
Richards David J
Bought by
Seyler Terry A and Wilber Richard W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $475,000 | Cw Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $245,000 | Ticor Title Of Wa Inc | |
| Warranty Deed | $136,117 | -- | |
| Warranty Deed | $80,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $390,600 | New Conventional | |
| Previous Owner | $142,000 | New Conventional | |
| Previous Owner | $196,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $113,450 | Purchase Money Mortgage | |
| Previous Owner | $72,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/17/2025 03/17/25 | Sold | $475,000 | 0.0% | $537 / Sq Ft |
| 01/31/2025 01/31/25 | Pending | -- | -- | -- |
| 01/08/2025 01/08/25 | Price Changed | $475,000 | -5.0% | $537 / Sq Ft |
| 01/07/2025 01/07/25 | For Sale | $500,000 | 0.0% | $565 / Sq Ft |
| 12/31/2024 12/31/24 | Pending | -- | -- | -- |
| 12/21/2024 12/21/24 | Price Changed | $500,000 | -9.1% | $565 / Sq Ft |
| 11/26/2024 11/26/24 | Price Changed | $550,000 | -8.3% | $621 / Sq Ft |
| 11/19/2024 11/19/24 | Price Changed | $599,999 | -4.8% | $678 / Sq Ft |
| 11/16/2024 11/16/24 | For Sale | $630,000 | -- | $712 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $3,831 | $345,900 | $186,300 | $159,600 |
| 2024 | $3,831 | $338,200 | $180,100 | $158,100 |
| 2023 | $3,831 | $314,800 | $172,200 | $142,600 |
| 2022 | $3,729 | $335,100 | $162,500 | $172,600 |
| 2021 | $3,382 | $231,500 | $102,100 | $129,400 |
| 2019 | $2,679 | $209,500 | $83,600 | $125,900 |
| 2018 | $2,699 | $187,800 | $72,700 | $115,100 |
| 2017 | $2,255 | $158,000 | $47,300 | $110,700 |
| 2016 | $1,997 | $115,700 | $32,700 | $83,000 |
| 2014 | $2,013 | $104,500 | $31,200 | $73,300 |
| 2013 | $2,013 | $98,000 | $31,200 | $66,800 |
Source: Public Records
Agents Affiliated with this Home
-
Riley Holder
-
Morgan Holder
Seller Co-Listing Agent in 2025
Morgan Holder
Windermere Corporate
(253) 219-3865
2 in this area
29 Total Sales
-
Cal Farrah
Buyer's Agent in 2025
Cal Farrah
Premier Real Estate Partners
(253) 203-8370
1 in this area
168 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2311417
APN: 022026-5007
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Based on information submitted to the MLS GRID
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