Listed by Windermere Prof Partners, Bought with Real Broker LLC
NOT LISTED FOR SALE

5917 55th St W University Place, WA 98467

Estimated Value: $662,000 - $721,000

3 Beds
2.5 Baths
1,802 Sq Ft
$385/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $660,000 $366 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,219/month

11 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • No HOA
  • Fruit Trees
  • Vaulted Ceiling
  • Cul-De-Sac

About This Home

As of August 2022

This tastefully remodeled University Place beauty checks all of the boxes! Light & bright w/ 3 beds, 2.5 bath + bonus room, located in a lovely community on a quiet cul-de-sac road. You will LOVE cooking in your dreamy new chef's kitchen, with gorgeous new cabinetry, bullnose edge quartz countertops, large island, smart microwave, convenient pull outs in every cabinet, pull out spice rack & other custom touches. Get ready to entertain on your expansive deck overlooking the private, spacious backyard w/organic gardening space & included greenhouse. Enjoy the remodeled bathrooms, scratch proof LVP flooring, newer roof, fresh paint inside and out, water heater, & insulation. Don't miss the second driveway w/space for RV/Boat parking, no HOA!

Last Agent to Sell the Property

Elizabeth Foster

Windermere Prof Partners License #117633 Listed on: 07/09/2022

Windermere Prof Partners

Last Buyer's Agent

Darren Rivers

Real Broker LLC License #25011186

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1955767

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,906

Year Built

  • Built in 1989

Lot Details

  • 10,342 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Sloped Lot
  • Fruit Trees
  • Garden

Parking

  • 2 Car Attached Garage
  • Driveway
  • RV Access or Parking

Home Design

  • Split Foyer
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,802 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Dining Room
  • Storm Windows

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • University Place Subdivision

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 917850-058-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,906

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 15 - Multi Level
  • Year Built: 1989
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: University Park Terrace
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1802
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher_, Dryer, GarbageDisposal_, Microwave_, Refrigerator_, StoveRange_, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Split
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Vinyl Plank, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, Skylight(s), Vaulted Ceiling(s), FirePlace
  • Living Area: 1802
  • BathsFullMain: 0
  • SquareFootageFinished: 1802
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfLower: 1
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,StoveRange,Washer

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Curbs, Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: 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: RV Parking, Driveway, Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: TPU
  • SewerCompany: Pierce County
  • WaterCompany: TPU

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 917850-058-0
  • Topography: Sloped
  • Land Lease: No
  • Lot Size Acres: 0.2374
  • Lot Size Sq Ft: 10342
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gas Available,High Speed Internet,Outbuildings,RV Parking
  • MLSLotSizeSource: Co Assessor
  • LotNumber: 58

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5906

Multi Family

  • EnergySource: Electric,Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2022
Closed on
Aug 10, 2022
Sold by
Robert Otwell Jr
Bought by
Kim Jinkyu and Ryu Soo Kyung
Seller's Agent
Elizabeth Foster
Windermere Prof Partners
Buyer's Agent
Darren Rivers
Real Broker LLC
List Price
$620,000
Sold Price
$660,000
Premium/Discount to List
$40,000
6.45%
Current Estimated Value
$694,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,434
Avg. Annual Appreciation
1.54%
Original Mortgage
$660,000
Outstanding Balance
$630,993
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$63,441

Purchase Details

Listed on
May 1, 2019
Closed on
Jun 6, 2019
Sold by
Adderley Kevin and Adderley Takisa
Bought by
Otwell Robert
Seller's Agent
Kisa Adderley
Best Choice Network LLC
Buyer's Agent
Elizabeth Foster
Windermere Prof Partners
List Price
$449,950
Sold Price
$419,950
Premium/Discount to List
-$30,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.33%
Original Mortgage
$412,341
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 7, 2019
Sold by
Alvis Charles E and Alvis Jacqueline R
Bought by
Adderley Kevin and Eastside Funding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,261
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 2019
Sold by
Eastside Funding Llc
Bought by
Adderley Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,261
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 2, 1996
Sold by
Crockett Paul D and Crockett Luanne S
Bought by
Alvis Charles E and Alvis Jacqueline R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.34%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kim Jinkyu -- Wfg National Title Company Of
Otwell Robert $419,950 None Available
Adderley Kevin $310,000 First American Title
Adderley Kevin -- None Available
Alvis Charles E $168,692 Rainier Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Jinkyu $660,000
Previous Owner Otwell Robert $412,341
Previous Owner Adderley Kevin $287,261
Previous Owner Alvis Charles E $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2022 08/12/22 Sold $660,000 +6.5% $366 / Sq Ft
07/20/2022 07/20/22 Pending -- -- --
07/09/2022 07/09/22 For Sale $620,000 +47.6% $344 / Sq Ft
06/11/2019 06/11/19 Sold $419,950 0.0% $233 / Sq Ft View Prior Sale
05/10/2019 05/10/19 Pending -- -- --
05/08/2019 05/08/19 Price Changed $419,950 -6.7% $233 / Sq Ft
04/29/2019 04/29/19 For Sale $449,950 -- $250 / 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 $6,922 $647,400 $297,800 $349,600
2024 $6,922 $625,400 $290,700 $334,700
2023 $6,922 $571,500 $280,000 $291,500
2022 $5,906 $582,200 $280,000 $302,200
2021 $5,803 $418,400 $183,300 $235,100
2019 $4,768 $390,100 $164,200 $225,900
2018 $5,197 $353,300 $147,700 $205,600
2017 $4,763 $321,400 $122,600 $198,800
2016 $4,540 $261,300 $92,800 $168,500
2014 $4,361 $253,100 $88,800 $164,300
2013 $4,361 $239,100 $80,700 $158,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1955767

Northwest Multiple Listing Service (NWMLS)

APN: 917850-0580