Listed by Better Properties UP/Fircrest, Bought with Asay Realty
NOT LISTED FOR SALE

5609 62nd St W University Place, WA 98467

Estimated Value: $1,102,000 - $1,209,000

3 Beds
2.5 Baths
3,500 Sq Ft
$334/Sq Ft Est. Value

Last Sold January 10, 2025

Last sale price $1,200,000 $343 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,288/month

3 Days on Market

Highlights

  • Indoor Pool
  • 0.69 Acre Lot
  • Territorial View
  • RV Access or Parking
  • Secluded Lot
  • Vaulted Ceiling

About This Home

As of January 2025

Discover your dream home in University Place! This 3-bed, 2.5-bath, 3,500 sq. ft. retreat is nestled in a serene neighborhood, offering tranquility & elegance. Grand brick steps lead to an impressive entrance w/ French doors. The upper level features 3-beds, incl. a luxurious primary suite w/ radiant heated bathroom floors, a spa tub, & a custom shower. The kitchen is located perfectly for entertaining in the adjacent billiard room. Downstairs, a cozy game room w/ a built-in bar flows into a grotto-inspired garden room & indoor pool. Outside, BBQ at the outdoor kitchen or relax on the sprawling ¾-acre lot. Complete with a 4-car garage & 40x40 shop w/ RV-height doors & 3 add'l parking spaces. Contact your agent for the full list of features!

Last Agent to Sell the Property

Steve Hiatt

Better Properties UP/Fircrest License #103770 Listed on: 12/18/2024

Better Properties UP/Fircrest

Last Buyer's Agent

Sarah Asay

Asay Realty License #26714

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2317307

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,070

Year Built

  • Built in 1978

Lot Details

  • 0.69 Acre Lot
  • Open Space
  • Street terminates at a dead end
  • East Facing Home
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Garden
  • Property is in good condition

Parking

  • 7 Car Garage
  • Driveway
  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Split Foyer
  • Poured Concrete
  • Metal Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,500 Sq Ft Home
  • Multi-Level Property
  • Wet Bar
  • Vaulted Ceiling
  • Skylights
  • 2 Fireplaces
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Territorial Views
  • Storm Windows

Kitchen

  • Double Oven
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub
  • Spa Bath

Pool

  • Indoor Pool
  • Spa

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • Manitou Park Elementary School
  • Gray Middle School
  • Mt Tahoma High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • University Place Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,070

Year Built

Built in 1978

Lot Details

0

Parking

7

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 14 - Split Entry
  • Year Built: 1978
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher(s),Double Oven,Microwave(s),Refrigerator(s),Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 4720
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DetachedDwellingSqFtFinished: 0
  • NWM_ExcludedItemsYN: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2317307?w=Consumer&agent=81515
  • Special Features: VirtualTour
  • Cumulative Days on Market: 206

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Private Spa: Yes
  • Appliances: Dishwasher(s), Double Oven, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Split
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Bath Off Primary, Ceramic Tile, Double Pane/Storm Window, Dining Room, Fireplace, French Doors, Hot Tub/Spa, Indoor Pool, Jetted Tub, Laminate, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Wall to Wall Carpet, Water Heater, Wet Bar
  • Living Area: 3500
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • SquareFootageFinished: 3500
  • SquareFootageUnfinished: 1220
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 1
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher(s),Double Oven,Microwave(s),Refrigerator(s),Stove(s)/Range(s)
  • FireplacesLower: 1
  • FireplacesUpper: 1
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Metal
  • View: Territorial
  • Lot Features: Dead End Street, Open Space, Paved, Secluded
  • Pool Features: Indoor
  • View: Yes
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • PoolType: Indoor

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 7
  • Garage Spaces: 7
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Detached Garage, RV Parking
  • Total Parking Spaces: 7

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central A/C
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: TPU
  • SewerCompany: Septic
  • WaterCompany: TPU
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma
  • High School: Mt Tahoma
  • Middle Or Junior School: Gray

Lot Info

  • Parcel Number: 022023-4-047
  • Topography: Level,Partial Slope
  • Land Lease: No
  • Lot Size Acres: 0.69
  • Lot Size Sq Ft: 30056
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet,Hot Tub/Spa,Outbuildings,Patio,RV Parking,Shop,Sprinkler System
  • MLSLotSizeSource: Public Record
  • MLSSquareFootageSource: Public Record
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 11070

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Manitou Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2024
Closed on
Jan 8, 2025
Sold by
Olinger Sue E and Mulvaney Wendy M
Bought by
Nichols Michelle and Nichols Austin
Seller's Agent
Steve Hiatt
Better Properties UP/Fircrest
Buyer's Agent
Sarah Asay
Asay Realty
List Price
$950,000
Sold Price
$1,200,000
Premium/Discount to List
$250,000
26.32%
Views
16
Current Estimated Value
$1,170,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,565
Avg. Annual Appreciation
-9.13%
Original Mortgage
$178,800
Outstanding Balance
$138,166
Interest Rate
6.81%
Estimated Equity
$990,509

Purchase Details

Closed on
Oct 19, 2022
Sold by
Olinger Verne C
Bought by
Olinger Sue E
Source: Public Records

Range of Values:

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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
Nichols Michelle $1,200,000 Stewart Title
Nichols Michelle $1,200,000 Stewart Title
Olinger Sue E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nichols Michelle $178,800
Closed Nichols Michelle $178,800
Open Nichols Michelle $900,000
Closed Nichols Michelle $900,000
Previous Owner Olinger Verne C $275,000
Previous Owner Olinger Verne C $25,000
Previous Owner Olinger Verne C $226,000
Previous Owner Olinger Verne C $183,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2025 01/10/25 Sold $1,200,000 +26.3% $343 / Sq Ft
12/21/2024 12/21/24 Pending -- -- --
12/18/2024 12/18/24 For Sale $950,000 -- $271 / 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 $11,070 $996,800 $329,100 $667,700
2024 $11,070 $974,800 $320,700 $654,100
2023 $11,070 $926,700 $336,400 $590,300
2022 $9,770 $955,800 $345,900 $609,900
2021 $9,851 $721,500 $230,600 $490,900
2019 $8,579 $647,900 $196,600 $451,300
2018 $8,991 $648,900 $193,800 $455,100
2017 $8,444 $566,000 $154,600 $411,400
2016 $7,809 $457,600 $111,200 $346,400
2014 $3,762 $444,100 $105,900 $338,200
2013 $3,762 $440,500 $105,900 $334,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2317307

Northwest Multiple Listing Service (NWMLS)

APN: 022023-4047