Listed by Better Properties N. Proctor, Bought with Windermere Real Estate/PSR Inc
NOT LISTED FOR SALE

5308 48th St W University Place, WA 98467

Estimated Value: $715,000 - $855,000

4 Beds
3 Baths
2,656 Sq Ft
$298/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $799,950 $301 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,906/month

Highlights

  • Territorial View
  • Walk-In Pantry
  • Storm Windows
  • Loft
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of May 2022

Stunning Ichijo home at the Knolls in University Place. Open concept home with large modern kitchen, walk in pantry, dinning area and spacious family room with slider to patio. Main floor office/bedroom with 3/4 bath and additional storage. Upstairs primary suite with 5 piece bath and extended walk in closet, 2 additional bedrooms, full bath, laundry and media rm/loft space. Back yard with tiered garden space and extended patio areas, plus covered porch perfect for entertaining all year long. Contemporary Ichijo products throughout including dual sliding windows, magnetic door stops, metal inlay doors, and piano finish cabinets. Don't miss the community park complete w/ basketball court, dog park, playgrounds and workout area! This is it!

Last Agent to Sell the Property

Summer Wilborn

Better Properties N. Proctor License #26467 Listed on: 03/23/2022

Better Properties N. Proctor

Co-Listed By

Erin Phillips

Better Properties N. Proctor License #21020625

Last Buyer's Agent

Jimm Elliott

Windermere Real Estate/PSR Inc License #15358

Windermere Real Estate/PSR Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1905667

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,909

Year Built

  • Built in 2018

Lot Details

  • 5,000 Sq Ft Lot
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Sloped Lot
  • Sprinkler System
  • Garden

HOA Fees

  • $55 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 2,656 Sq Ft Home
  • 2-Story Property
  • Dining Room
  • Loft
  • Territorial Views
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 400328-103-0

Community Details

Overview

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

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,909

Year Built

Built in 2018

Lot Details

0

HOA Fees

$55 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2018
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,SeeRemarks,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2656
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, See Remarks, Stove/Range, Washer
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: High Efficiency - 90%+, Central A/C, Forced Air, Tankless Water Heater, Ceramic Tile, Laminate, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, Loft, Walk-In Closet(s), Walk-In Pantry
  • Living Area: 2656
  • Main Level Bedrooms: 1
  • Bathrooms: 2.75
  • BathsFullMain: 0
  • SquareFootageFinished: 2656
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,See Remarks,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electricity Available, Natural Gas Connected
  • HeatingCoolingType: 90%+ High Efficiency,Central A/C,Forced Air,Tankless Water Heater
  • PowerCompany: TPU
  • SewerCompany: Lemay
  • WaterCompany: TPU

Condo/Co-op/Association

  • Community Features: CCRs, Playground
  • Senior Community: No
  • Association Fee: 55
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 400328-103-0
  • Topography: PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Patio,Sprinkler System
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: High Efficiency - 90%+
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6908.61

Multi Family

  • EnergySource: Electric,Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2022
Closed on
Apr 28, 2022
Sold by
Chu Yi Song
Bought by
Fink Erin and Fink Michael
Seller's Agent
Summer Wilborn
Better Properties N. Proctor
Buyer's Agent
Jimm Elliott
Windermere Real Estate/PSR Inc
List Price
$799,950
Sold Price
$799,950
Current Estimated Value
$791,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,772
Avg. Annual Appreciation
0.06%
Original Mortgage
$818,348
Outstanding Balance
$775,650
Interest Rate
4.67%
Mortgage Type
VA
Estimated Equity
$25,978

Purchase Details

Closed on
Feb 12, 2019
Sold by
Ichijo Usa Co Ltd
Bought by
Kim Kap S and Yi Song C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,900
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2017
Sold by
Denova Northwest Llc
Bought by
Ichijo Usa Co Ltd
Source: Public Records

Range of Values:

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Average Value
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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
Fink Erin -- Wfg National Title Company Of
Kim Kap S $529,950 Chicago Title
Ichijo Usa Co Ltd -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fink Erin $818,348
Previous Owner Kim Kap S $423,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $799,950 0.0% $301 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $799,950 -- $301 / 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 $7,868 $775,500 $237,500 $538,000
2024 $7,868 $751,800 $231,500 $520,300
2023 $7,868 $652,500 $222,400 $430,100
2022 $7,235 $672,300 $228,700 $443,600
2021 $6,909 $501,200 $152,500 $348,700
2019 $3,331 $450,400 $130,000 $320,400
2018 $1,359 $257,600 $115,000 $142,600
2017 $141 $87,100 $87,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1905667

Northwest Multiple Listing Service (NWMLS)

APN: 400328-1030