NOT LISTED FOR SALE

5223 53rd St W University Place, WA 98467

Estimated Value: $391,389 - $841,000

3 Beds
1 Bath
1,406 Sq Ft
$410/Sq Ft Est. Value

About This Home

Welcome to 5223 53rd St W, University Place, WA! This fully furnished 3-bedroom, 1-bathroom home offers 1,406 sq ft of comfortable living space, bathed in natural light with large windows and a cozy outdoor patio. Perfect for those seeking a peaceful retreat with modern amenities and a convenient location near schools, parks, and shopping.

Key Features:
Bedrooms: 3
Bathrooms: 1
Square Footage: 1,406 sq ft
Parking: Carport with multiple spaces available
Laundry: In-unit washer and dryer
Appliances: Refrigerator, stove, oven, dishwasher, microwave
Pets: Small dogs and cats allowed
Outdoor Space: Private yard and outdoor patio
Utilities: Tenant in charge for electricity, gas, water, and trash

Additional Features:
This home is equipped with central heating for year-round comfort, an updated bathroom, and modern appliances for your convenience. An alarm system provides added security. Enjoy the tranquility of a quiet neighborhood with easy access to University Place’s local amenities, all while relishing in the cozy outdoor patio perfect for relaxation or entertaining.

Location and Neighborhood:
Located in the desirable University Place area, this home is just minutes from grocery stores, shopping centers, and local dining options. Quick access to nearby highways and public transit makes commuting easy, while nearby schools and parks enhance the family-friendly feel of the neighborhood.

Looking for a comfortable, fully furnished home in a prime location? Schedule a tour today and make this charming property your new residence!

Lease Terms and Application:
Lease Terms: 12 months, available for move-in now
Platform Fee: $45 per adult (non-refundable)
Security Deposit: Equal to 1x the monthly rent based upon approved credit
Security deposit and the first month’s rent will be due at the time of lease signing
Qualifications: Renters should have a minimum credit score of 650 or above and a gross income of at least 3x the monthly rent
Lease Start: Preference will be given to applicants with the earliest start date
Section 8 or Housing Vouchers are accepted. If approved, the process may take up to 30 days based on the Housing Authority timeline
Pets: N0 more than three (3) pets are allowed per home (subject to local laws and HOA Rules and Regulations). Renters Insurance with pet coverage is required.
Dogs: Restricted breeds include American Pit Bull Terriers, Rottweilers, Staffordshire Terriers, and any mix of these breeds.
Cats: All breeds of domestic cats are permitted.
Please view our statement of Rental Policy for further details.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2024
Sold by
H3 Acquisitions Llc
Bought by
Faith 2 Life
Current Estimated Value
$575,847
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Faith 2 Life -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Off Market $2,080 -- --
11/17/2024 11/17/24 Price Changed $2,080 -8.8% $1 / Sq Ft
11/02/2024 11/02/24 Price Changed $2,280 -5.0% $2 / Sq Ft
10/25/2024 10/25/24 Price Changed $2,400 -4.0% $2 / Sq Ft
10/08/2024 10/08/24 Off Market $2,500 -- --
10/04/2024 10/04/24 For Rent $2,500 0.0% --
10/04/2024 10/04/24 Price Changed $2,500 -3.8% $2 / Sq Ft
09/20/2024 09/20/24 Price Changed $2,600 +4.0% $2 / Sq Ft
09/20/2024 09/20/24 For Rent $2,500 -- --

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 $2,175 $190,400 $190,400 --
2024 $2,175 $185,500 $185,500 --
2023 $2,175 $185,300 $185,300 $0
2022 $1,165 $107,600 $107,600 $0
2021 $4,225 $300,300 $222,700 $77,600
2019 $3,622 $268,500 $189,800 $78,700
2018 $3,609 $264,400 $185,800 $78,600
2017 $3,290 $219,000 $148,200 $70,800
Source: Public Records

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