NOT LISTED FOR SALE

6318 73rd Avenue Ct W University Place, WA 98467

Estimated Value: $882,000 - $986,000

6 Beds
5 Baths
2,952 Sq Ft
$313/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $900,000 $305 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,840/month

4 Days on Market

Highlights

  • RV Access or Parking
  • Corner Lot
  • Patio
  • Evergreen Primary School Rated A
  • No HOA
  • Ceramic Tile Flooring

About This Home

As of May 2024

A true University Place duplex with solid rental history & income! Each unit boasts 3 bedrooms (primary on the main) PLUS an office space, 2.5 baths, full size 2 car garage, 1,476 sq. feet of living space & beautiful vaulted ceilings. Additionally, each unit has its own dedicated backyard space, electric meter, dining area & extra off-street parking. Unit 6318 has been recently remodeled with new flooring throughout, interior paint, trim & kitchen appliances. Unit 6316 is ready for a refresh but is in solid condition & has had the same tenant for 7 years. Total annual income is $63,600 & both tenants would like to stay if possible. UP Schools, Trader Joes, Whole Foods, Chambers Bay & Charles Wright make this one a great opportunity for all.

Last Agent to Sell the Property

Ryan Knicely

Windermere Abode License #116194 Listed on: 04/25/2024

Windermere Abode

Co-Listed By

Jessica Knicely

Windermere Abode License #105814

Last Buyer's Agent

Sarah Ho

Keller Williams Eastside License #23008333

Keller Williams Eastside

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2209471

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,382

Year Built

  • Built in 1988

Lot Details

  • 0.33 Acre Lot
  • Property is Fully Fenced
  • Corner Lot
  • Sprinkler System
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 2,952 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl Plank
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Patio

Schools

  • Chambers Elementary School
  • Curtis Jnr High Middle School
  • Curtis Snr High School

Utilities

  • Baseboard Heating
  • Septic Tank

Community Details

  • No Home Owners Association
  • University Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7189000220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,382

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
  • New Construction: No
  • CalculatedSquareFootage: 2952
  • Special Features: VirtualTour
  • Cumulative Days on Market: 291

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Curbs, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • 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
  • Parking Features: RV Parking
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: SecuritySystem, PartiallyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: TPU
  • WaterSewerGarbage: 2015.55

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: University Place
  • High School: Curtis Snr High
  • Middle Or Junior School: Curtis Jnr High

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-Fully,Patio,RV Parking,Sprinkler System
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 14.14
  • LeasedItems: None
  • TotalMonthlyIncome: 5300

Multi Family

  • Gross Scheduled Income: 63600
  • Net Operating Income: 50838
  • Number Of Units Total: 2
  • Insurance Expense: 1364
  • Leasable Area: 3752
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 8382

MLS Schools

  • Elementary School: Chambers Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
May 17, 2024
Sold by
Ruckle Jon
Bought by
Wang Chih-Wei and Chen Chia-Ling
Seller's Agent
Ryan Knicely
Windermere Abode
Buyer's Agent
Sarah Ho
Keller Williams Eastside
List Price
$899,000
Sold Price
$900,000
Premium/Discount to List
$1,000
0.11%
Views
14
Current Estimated Value
$922,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,780
Avg. Annual Appreciation
2.36%
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

Closed on
Dec 21, 2018
Sold by
Russell Brian P and Russell Lelsa J
Bought by
Ruckle 12 Llc

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

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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
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
05/24/2024 05/24/24 Sold $900,000 +0.1% $305 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $899,000 -- $305 / 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
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: 2209471

Northwest Multiple Listing Service (NWMLS)

APN: 718900-0220