Listed by Best Choice Realty LLC, Bought with Terrafin
$168,750
SOLD APR 19, 2019

5523 53rd St W University Place, WA 98467

7.45 Acres
$22,651 Price per Acre
324,522 Sq Ft Lot

Recently Sold

$81 Per Sq Ft

91% Below List Price

Highlights

  • Creek or Stream View
  • Open Space
  • Level Lot

About This Lot

As of April 2019

Hard to find large piece of assemblage acreage ready for the developer who needs easy answers. Sewer North East corner, could possibly be 25 plus lots according to preliminary drawing. This beautiful property has a natural slope to the west with Leach Creek frontage, Seller 1 to request lot line adjustment so that the creek includes the setback separating the home. Seller 2 request lot line adjustment to segregate existing dwelling. This would make an absolutely beautiful community.

Last Agent to Sell the Property

Colleen Walker

Best Choice Realty LLC License #18095 Listed on: 08/16/2016

Best Choice Realty LLC

Last Buyer's Agent

Barb Williams

Terrafin License #42750

Terrafin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1015834

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,462

Lot Details

  • Open Space
  • Street terminates at a dead end
  • Level Lot

Property Views

  • Creek or Stream
  • Territorial

Community Details

  • University Place Community

Listing and Financial Details

  • Assessor Parcel Number 0220231005

Property Details

Property Type

Land

Est. Annual Taxes

$8,462

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Brush, Evergreens, Partially Cleared, Stream/Creek
  • Style: 40 - Res-Less Thn 1 Ac
  • Restrictions: Unknown
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved
  • Road On Which Sideof Property: East and west
  • View: Territorial
  • Waterfront: Creek
  • Water Jurisdiction: Tacoma

Utilities

  • Electricity: Available
  • Gas Available: Available
  • Sewer: Available
  • Water: Available

Condo/Co-op/Association

  • Community Name: University Place

Schools

  • School District: TAC

Lot Info

  • General Zoning Classification: Residential
  • Lot Details: Dead End Street, Open Space
  • Lot Sq Ft: 324584
  • Parcel Number: 0220231005
  • Slopeof Property: west
  • Topography: Level, Sloped
  • Zoning Jurisdiction: City
  • Zoning Remarks: R2

Tax Info

  • Tax Amount: 16000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2025
Sold by
Revocable Living Trust Of Raymond A Leve and Levesque Marilyn A
Bought by
Sager Development Inc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 Price Changed $925,000 -2.6% $451 / Sq Ft
07/28/2025 07/28/25 For Sale $950,000 +463.0% $464 / Sq Ft
04/19/2019 04/19/19 Sold $168,750 -91.3% $81 / Sq Ft
07/30/2017 07/30/17 Pending -- -- --
08/16/2016 08/16/16 For Sale $1,950,000 -- $935 / 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 $8,462 $763,500 $396,700 $366,800
2024 $8,462 $701,700 $364,300 $337,400
2023 $8,462 $703,300 $399,900 $303,400
2022 $7,418 $724,800 $411,200 $313,600
2021 $7,243 $526,200 $274,100 $252,100
2019 $6,772 $481,200 $246,600 $234,600
2018 -- $275,700 $275,700 $0
2017 -- $220,000 $220,000 $0
2016 -- $158,200 $158,200 $0
2014 -- $150,700 $150,700 $0
2013 -- $150,700 $150,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Colleen Walker

    Seller's Agent in 2025

    Colleen Walker

    Best Choice Realty Brokerage

    (253) 377-4663

    13 in this area

    55 Total Sales

    Colleen Walker
    Section Image
  • Monique Sagisi

    Seller Co-Listing Agent in 2025

    Monique Sagisi

    COMPASS

    (253) 314-1684

    4 in this area

    39 Total Sales

    Monique Sagisi
    Section Image

  • B

    Buyer's Agent in 2019

    Barb Williams

    Terrafin Real Estate

    (253) 318-5110

    1 in this area

    57 Total Sales

    Barb Williams
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1015834

Northwest Multiple Listing Service (NWMLS)

APN: 022023-1127

Washington Pierce County University Place 98467

5523 53rd St W, University Place, WA

This home is located at 5523 53rd St W, University Place, WA 98467 and is currently priced at $168,750, approximately $80 per square foot. 5523 53rd St W is a home located in Pierce County with nearby schools including Whittier Elementary School, Wainwright Intermediate School, and Foss High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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