Listed by Keller Williams Rty Tacoma, Bought with Engel & Voelkers Chambers Bay
NOT LISTED FOR SALE

5816 54th St W University Place, WA 98467

Estimated Value: $593,659 - $625,000

2 Beds
2 Baths
1,928 Sq Ft
$525/mo HOA Fee

Last Sold April 15, 2022

Last sale price $605,000 $314 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,261/month

3 Days on Market

Highlights

  • Gated Community
  • Vaulted Ceiling
  • 1 Fireplace
  • Contemporary Architecture
  • Wood Flooring
  • End Unit

About This Home

As of April 2022

Are you ready to make a change to luxury and maintenance-free living? You won't miss the yard work or the stairs with this beautiful one-level showstopper! The open living spaces feature excellent entertaining flow into a newly updated Chef's kitchen with new countertops, tile flooring, soft close cabinetry and upscale appliances. You'll also enjoy the beautiful hardwood floors, gas fireplace, vaulted ceilings, two car garage and a spacious private patio neighboring a green space for extra privacy. Don't forget the efficient heat pump & newer hot water heater! Located in a secure gated community, this home is ready for you to move in and enjoy!

Last Agent to Sell the Property

Brandon Hjelseth

Keller Williams Rty Tacoma License #111984 Listed on: 03/24/2022

Keller Williams Rty Tacoma

Last Buyer's Agent

Michael McNiel

Engel & Voelkers Chambers Bay License #23756

Engel & Voelkers Chambers Bay

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1904648

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,516

Year Built

  • Built in 2002

Lot Details

  • End Unit
  • Private Yard
  • Yard

HOA Fees

  • $525 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,928 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Insulated Windows
  • French Doors
  • Alarm System

Kitchen

  • Gas Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 9003890100

Community Details

Overview

  • Association fees include common area maintenance, lawn service, road maintenance, security
  • Secondary HOA Phone (253) 617-7828
  • University Place Subdivision
  • Park Phone (253) 267-8788 | Manager Kalles

Additional Features

  • Community Garden
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,516

Year Built

Built in 2002

Lot Details

0

HOA Fees

$525 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 2002
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1928
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: true
  • UnitFeatures: Alarm System,Balcony/Deck/Patio,End Unit,French Doors,Insulated Windows,Primary Bath,Vaulted Ceilings,Walk-in Closet,Yard
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,227

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Forced Air, Heat Pump, Central A/C, Ceramic Tile, Hardwood, Wall to Wall Carpet, Balcony/Deck/Patio, Yard, Cooking-Gas, Dryer-Electric, Washer, Water Heater
  • Main Level Bedrooms: 2
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • WindowCoverings: Yes

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: Individual Garage
  • ParkingSpaceNumbers: 2

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Connected, Common Area Maintenance, Road Maintenance
  • HeatingCoolingType: Central A/C,Forced Air,Heat Pump
  • ApplianceHookups: Cooking-Gas,Dryer-Electric,Washer
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: Garden Space, Gated
  • Park Manager Name: Kalles
  • Park Manager Phone: 253-267-8788
  • Senior Community: No
  • Association Fee: 525
  • Association Fee Frequency: Monthly
  • Phone: 253-617-7828
  • Association: Yes
  • Pets Allowed: See Remarks
  • Common Interest: Condominium
  • CommonPropertyFeatures: Garden Space,Gated Entry

Fee Information

  • Association Fee Includes: Common Area Maintenance, Lawn Service, Road Maintenance, Security

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 9003890100
  • Lot Size Acres: 0.2027
  • Lot Size Sq Ft: 8830
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5516

Multi Family

  • EnergySource: Electric,Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2015
Sold by
Strand Richard N and Strand Sigrid E
Bought by
Richard & Sigrid Strand Revocable Trust
Current Estimated Value
$609,165

Purchase Details

Listed on
Apr 14, 2014
Closed on
May 23, 2014
Sold by
Kinnaman Robert D and Kinnaman Linda S
Bought by
Strand Richard and Strand Sigrid
Seller's Agent
Regina Madiera-Gorden
Windermere RE West Campus Inc
Buyer's Agent
Joyce Hill
Hawkins Poe
List Price
$329,950
Sold Price
$331,000
Premium/Discount to List
$1,050
0.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%

Purchase Details

Closed on
Jul 10, 2002
Sold by
Bjorn G Olson Building Inc
Bought by
Kinnaman Robert D and Kinnaman Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.71%
Source: Public Records

Range of Values:

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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
Richard & Sigrid Strand Revocable Trust -- None Available
Strand Richard $330,719 Rainier Title
Kinnaman Robert D $263,356 Commonwealth Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kinnaman Robert D $142,088
Previous Owner Kinnaman Robert D $145,000
Previous Owner Kinnaman Robert D $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2022 04/15/22 Sold $605,000 +1.0% $314 / Sq Ft
03/27/2022 03/27/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $599,000 +81.0% $311 / Sq Ft
05/30/2014 05/30/14 Sold $331,000 +0.3% $172 / Sq Ft
04/21/2014 04/21/14 Pending -- -- --
04/14/2014 04/14/14 For Sale $329,950 -- $171 / 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 $6,031 $566,500 $272,300 $294,200
2024 $6,031 $479,400 $265,800 $213,600
2023 $6,031 $502,400 $288,900 $213,500
2022 $5,516 $498,500 $288,900 $209,600
2021 $5,565 $406,000 $189,100 $216,900
2019 $4,592 $382,400 $169,400 $213,000
2018 $5,145 $345,200 $146,800 $198,400
2017 $4,599 $322,700 $122,000 $200,700
2016 -- $268,900 $92,300 $176,600
2014 $4,503 $246,400 $88,300 $158,100
2013 $4,503 $230,800 $80,200 $150,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1904648

Northwest Multiple Listing Service (NWMLS)

APN: 900389-0100