Listed by Windermere RE West Campus Inc, Bought with COMPASS
NOT LISTED FOR SALE

7105 48th St W University Place, WA 98466

Estimated Value: $745,780 - $812,000

3 Beds
2.5 Baths
2,304 Sq Ft
$340/Sq Ft Est. Value

Last Sold December 15, 2022

Last sale price $725,000 $315 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,759/month

6 Days on Market

Highlights

  • Fruit Trees
  • Deck
  • Vaulted Ceiling
  • Evergreen Primary School Rated A
  • Property is near public transit
  • Wood Flooring

About This Home

As of December 2022

What if you could move right into a refreshed home, quiet and secluded- yet right in the middle of University Place? Yes! This home has a great floorplan and upgrades throughout. First floor offers a spacious living and/or flex room, a bedroom/office, and a Great Room with a completely redone kitchen, large island with seating, sunny atrium dining/workspace and cozy fireplace and built-in shelves. Upstairs: three bedrooms including primary suite, large closets, and remodeled bathrooms. Backing up to a greenbelt, there is large private deck and don’t miss the entertaining cabana in the trees! Newer roof, flooring, garage doors, crawl space and more. Minutes to Trader Joes, Whole Foods, Chambers Bay, UP Schools and Parks.

Last Agent to Sell the Property

Regina Madiera-Gorden

Windermere RE West Campus Inc License #26394 Listed on: 11/07/2022

Windermere RE West Campus Inc

Co-Listed By

Madison Bingham

Windermere RE West Campus Inc License #23015560

Last Buyer's Agent

Mike Rankin

COMPASS License #27624

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2014344

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,151

Year Built

  • Built in 1979

Lot Details

  • 0.29 Acre Lot
  • Street terminates at a dead end
  • East Facing Home
  • Level Lot
  • Fruit Trees
  • Garden

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,304 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • French Doors
  • Dining Room
  • Storm Windows

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Gazebo
  • Outbuilding

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Evergreen Primary Elementary School
  • Narrows View Interme Middle School
  • Curtis Snr High School

Utilities

  • Water Heater
  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • University Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 022015-8-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,151

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1979
  • Inclusions: Dishwasher,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Tudor
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2304
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Hardwood, Wall to Wall Carpet, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, French Doors, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
  • Living Area: 2304
  • BathsFullMain: 0
  • SquareFootageFinished: 2304
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Microwave,Refrigerator,Stove/Range

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Utilities: Cable Connected, Septic System, Electricity Available
  • HeatingCoolingType: Forced Air
  • PowerCompany: TPU
  • WaterCompany: TPU
  • WaterHeaterLocation: garage
  • WaterHeaterType: Electric
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: University Place
  • High School: Curtis Snr High
  • Middle Or Junior School: Narrows View Interme

Lot Info

  • Parcel Number: 022015-8-010
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12632
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cabana/Gazebo,Cable TV,Deck,Outbuildings
  • MLSLotSizeSource: Public Records

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: true

Tax Info

  • Year: 2022
  • Tax Annual Amount: 7151

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Evergreen Primary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2022
Closed on
Nov 29, 2022
Sold by
Lai Brian M and Lai Sonia S
Bought by
Rankin Michael James
Seller's Agent
Regina Madiera-Gorden
Windermere RE West Campus Inc
Buyer's Agent
Mike Rankin
COMPASS
List Price
$700,000
Sold Price
$725,000
Premium/Discount to List
$25,000
3.57%
Views
21
Current Estimated Value
$782,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,695
Avg. Annual Appreciation
2.59%
Original Mortgage
$616,250
Outstanding Balance
$596,468
Interest Rate
6.58%
Estimated Equity
$186,227

Purchase Details

Listed on
Apr 21, 2016
Closed on
Jul 15, 2016
Sold by
Crow David L and Crow Taek K
Bought by
Lai Brian M and Lai Sonia S
Seller's Agent
Matthew Harber
Keller Williams Rty Tacoma
Buyer's Agent
Regina Madiera-Gorden
Windermere RE West Campus Inc
List Price
$375,000
Sold Price
$337,000
Premium/Discount to List
-$38,000
-10.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.69%
Original Mortgage
$300,000
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Jun 3, 2005
Sold by
Gould William R
Bought by
Crow David L and Crow Taek K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rankin Michael James -- Cw Title
Lai Brian M $336,719 Stewart Title Company
Crow David L $325,200 Ticor Title Of Wa Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rankin Michael James $616,250
Previous Owner Lai Brian M $300,000
Previous Owner Crow David L $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2022 12/15/22 Sold $725,000 +3.6% $315 / Sq Ft
11/13/2022 11/13/22 Pending -- -- --
11/07/2022 11/07/22 For Sale $700,000 +107.7% $304 / Sq Ft
07/21/2016 07/21/16 Sold $337,000 -7.7% $146 / Sq Ft View Prior Sale
06/07/2016 06/07/16 Pending -- -- --
06/01/2016 06/01/16 Price Changed $365,000 -2.7% $158 / Sq Ft
05/28/2016 05/28/16 For Sale $375,000 0.0% $163 / Sq Ft
05/13/2016 05/13/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $375,000 -- $163 / 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 $7,849 $761,200 $305,100 $456,100
2024 $7,849 $676,700 $293,400 $383,300
2023 $7,849 $664,100 $305,900 $358,200
2022 $7,151 $677,800 $305,900 $371,900
2021 $6,636 $480,800 $206,900 $273,900
2019 $5,415 $449,300 $177,300 $272,000
2018 $5,917 $420,200 $158,700 $261,500
2017 $5,430 $379,600 $135,200 $244,400
2016 $5,153 $315,200 $98,200 $217,000
2014 $2,266 $298,000 $86,400 $211,600
2013 $2,266 $267,500 $78,600 $188,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2014344

Northwest Multiple Listing Service (NWMLS)

APN: 022015-8010