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

6316 73rd Avenue Ct W Unit 6318 University Place, WA 98467

Estimated Value: $905,000 - $978,000

6 Beds
5 Baths
3,752 Sq Ft
$247/Sq Ft Est. Value

Last Sold December 31, 2018

Last sale price $550,000 $147 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,710/month

12 Days on Market

Highlights

  • Territorial View
  • Corner Lot
  • Wall to Wall Carpet
  • Evergreen Primary School Rated A
  • Partially Fenced Property

About This Home

As of December 2018

University Place Duplex. Townhome-style units, each with 3 beds, 2.5 baths, individual 2-car garages & complete appliance packages. Solid, turn-key investment property with low expense & HIGH INCOME. Quality built in 1988; Immaculately maintained. Fully occupied; currently rented for $1700/unit with room to raise rents. Tenants are month-to-month which makes a great option for an owner-occupant buyer. .33 acre lot corner lot; lots of open space; nice & quiet backyard.

Last Agent to Sell the Property

Charles Burnett

Real Broker LLC License #50261 Listed on: 11/15/2018

Last Buyer's Agent

Ryan Knicely

Windermere Abode License #116194

Windermere Abode

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1386964

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,046

Year Built

  • Built in 1988

Lot Details

  • 0.33 Acre Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,752 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Rhododendron Place Condos
  • Chambers Creek Subdivision

Listing and Financial Details

  • Legal Lot and Block 22 / 4004
  • Assessor Parcel Number 7189000220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,046

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1988
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Rhododendron Place
  • New Construction: No
  • CalculatedSquareFootage: 3752
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 377

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Tile
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Septic Tank
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • WaterSewerGarbage: 1680

Schools

  • Junior High Dist: University Place

Lot Info

  • Parcel Number: 7189000220
  • Lot Size Acres: 0.3288
  • Lot Size Sq Ft: 14322
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: Pierce County Records
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 22

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 3400

Multi Family

  • Gross Scheduled Income: 40800
  • Net Operating Income: 32074
  • Number Of Units Total: 2
  • Insurance Expense: 1000
  • Leasable Area: 3752
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 6046

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2024
Sold by
Ruckle Jon
Bought by
Wang Chih-Wei and Chen Chia-Ling
Current Estimated Value
$926,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2023
Sold by
Ruckle 12 Llc
Bought by
Ruckle Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,200
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2018
Closed on
Dec 21, 2018
Sold by
Russell Brian P and Russell Lelsa J
Bought by
Ruckle 12 Llc
Seller's Agent
Charles Burnett
Real Broker LLC
Buyer's Agent
Ryan Knicely
Windermere Abode
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%

Purchase Details

Closed on
Oct 28, 2003
Sold by
Menting Hilary
Bought by
Russell Brian P and Russell Leisa J

Purchase Details

Closed on
Aug 29, 1997
Sold by
Menting Linda R
Bought by
Menting Hilary A

Purchase Details

Closed on
Sep 29, 1995
Sold by
Steklenburg Gordon Henry and Steklenburg Wilfred J
Bought by
Moses Delbert L and Moses Christine

Purchase Details

Closed on
Aug 22, 1995
Sold by
Moses Delbert L
Bought by
Sievanen Valerie
Source: Public Records

Range of Values:

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Average Value
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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
Wang Chih-Wei $900,000 Cw Title
Ruckle Jon -- Servicelink
Ruckle 12 Llc $550,000 Fidelity National Title
Russell Brian P $355,681 --
Menting Hilary A -- --
Moses Delbert L -- --
Sievanen Valerie $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Chih Wei $641,722
Closed Wang Chih-Wei $630,000
Previous Owner Ruckle Jon $585,200
Previous Owner Russell Brian P $1,003,579
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2018 12/31/18 Sold $550,000 0.0% $147 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
11/15/2018 11/15/18 For Sale $550,000 -- $147 / 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 $8,382 $758,900 $313,700 $445,200
2024 $8,382 $712,600 $308,600 $404,000
2023 $8,052 $704,700 $329,700 $375,000
2022 $7,672 $715,100 $329,700 $385,400
2021 $7,429 $535,800 $230,000 $305,800
2019 $5,377 $506,100 $205,800 $300,300
2018 $6,046 $412,400 $185,000 $227,400
2017 $5,563 $384,300 $157,100 $227,200
2016 $5,429 $323,500 $138,100 $185,400
2014 $5,234 $311,100 $135,400 $175,700
2013 $5,234 $289,200 $121,900 $167,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1386964

Northwest Multiple Listing Service (NWMLS)

APN: 718900-0220