5520 62nd Ave W University Place, WA 98467
Estimated Value: $797,000 - $871,781
4
Beds
3
Baths
3,250
Sq Ft
$256/Sq Ft
Est. Value
About This Home
This home is located at 5520 62nd Ave W, University Place, WA 98467 and is currently estimated at $832,195, approximately $256 per square foot. 5520 62nd Ave W is a home located in Pierce County with nearby schools including Whittier Elementary School, Wainwright Intermediate School, and Mount Tahoma High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 13, 2003
Sold by
Cho Du Hyun
Bought by
Bouyer Bruce G and Braswell Bouyer T Sabrina
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,400
Outstanding Balance
$117,352
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$714,843
Purchase Details
Closed on
Oct 3, 1996
Sold by
Bright Homes Inc
Bought by
Cho Du Hyun and Cho Sarah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
8.3%
Mortgage Type
Balloon
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bouyer Bruce G | $346,750 | Rainier Title Company | |
| Cho Du Hyun | $267,581 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bouyer Bruce G | $277,400 | |
| Previous Owner | Cho Du Hyun | $184,000 | |
| Closed | Bouyer Bruce G | $69,350 |
Source: Public Records
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 | $8,446 | $747,300 | $319,000 | $428,300 |
| 2024 | $8,446 | $723,700 | $311,400 | $412,300 |
| 2023 | $8,446 | $702,000 | $319,300 | $382,700 |
| 2022 | $7,220 | $716,000 | $319,300 | $396,700 |
| 2021 | $7,100 | $515,500 | $209,000 | $306,500 |
| 2019 | $5,944 | $481,800 | $187,200 | $294,600 |
| 2018 | $6,503 | $444,500 | $177,100 | $267,400 |
| 2017 | $5,959 | $405,600 | $147,100 | $258,500 |
| 2016 | $5,728 | $330,400 | $111,300 | $219,100 |
| 2014 | $6,087 | $322,500 | $106,400 | $216,100 |
| 2013 | $6,087 | $302,600 | $96,800 | $205,800 |
Source: Public Records
Map
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