NOT LISTED FOR SALE

7117 40th St W Unit 22 University Place, WA 98466

Estimated Value: $468,828 - $508,000

2 Beds
2 Baths
1,205 Sq Ft
9,583 Sq Ft Lot

Last Sold August 24, 2012

Last sale price $132,480 $110 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $3,039/month

19 Days on Market

Highlights

  • Contemporary Architecture
  • Secluded Lot
  • 1 Fireplace
  • Evergreen Primary School Rated A
  • Bamboo Flooring
  • Garage

About This Home

As of August 2012

Wonderful one level side by side condo unit for sale in private setting in the heart of University Place. Well taken care of 2 bedroom/1.5 bath home with private deck and two car garage. Designer colors, granite counters, and bamboo wood floors, skylights and much more. You won't be disappointed with this home! A true gem!

Last Agent to Sell the Property

Kari Roberts

Windermere RE West Campus Inc License #9629 Listed on: 04/15/2012

Windermere RE West Campus Inc

Last Buyer's Agent

Leslie Walters

Better Properties N. Proctor License #15661

Better Properties N. Proctor

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM343767

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,820

Year Built

  • Built in 1978

Lot Details

  • 9,583

Parking

  • Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1-Story Property
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Bamboo
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 4462500220

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,820

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: Condo (1 Level)
  • Architecture: Contemporary
  • Unit Floor Number: 1
  • Year Built: 1978
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Bamboo/Cork, Ceramic Tile, Vinyl, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric
  • Appliances That Stay: Dishwasher, Range/Oven
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.50
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Fireplace Type: Wood
  • Fireplaces: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Storage: below condo
  • Estimated Sq Ft: 1205
  • Window Coverings: curtains

Exterior Features

  • Exterior: Wood Products
  • Roof: Composition

Garage/Parking

  • Parking Type: Individual Garage
  • Parking Space Number: 2

Utilities

  • Heating And Cooling: Forced Air

Condo/Co-op/Association

  • Numberof Units in Building: 2
  • HOA Fees: 355
  • Cats And Dogs: Cats Only, Dogs Only, Subj To Restrictions
  • Common Property Features: Athletic Court, Cable Tv, Club House
  • Home Owner Dues Included: Cable Tv, Earthquake Ins.
  • Unit Features: Balcony/Deck/Patio, End Unit, Ground Floor, Skylights, Walk-In Closet

Schools

  • Elementary School: University Pl Primar
  • Middle School: Curtis Jnr High
  • High School: Curtis Snr High
  • School District: UNP

Lot Info

  • Lot Details: Paved Street, Secluded
  • Lot Sq Ft: 9670
  • Parcel Number: 4462500220

Tax Info

  • Tax Amount: 2757

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2017
Sold by
Lutz Lutz C and Lutz Susan R
Bought by
Tetlow Sally E
Current Estimated Value
$483,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,675
Outstanding Balance
$187,422
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$308,464

Purchase Details

Listed on
Apr 15, 2012
Closed on
Aug 21, 2012
Sold by
Lipscomb Dianne and Foster Diane
Bought by
Lutz C David and Lutz Susan R
Seller's Agent
Kari Roberts
Windermere RE West Campus Inc
Buyer's Agent
Leslie Walters
Better Properties N. Proctor
List Price
$132,480
Sold Price
$132,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.67%

Purchase Details

Closed on
Sep 28, 2008
Sold by
Wray Ivan C
Bought by
Foster Dianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,755
Interest Rate
6.39%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 26, 2004
Sold by
Wahlborg Judith L
Bought by
Wray Ivan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,618
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2003
Sold by
Haskell Juanita M
Bought by
Wahlborg Judith L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tetlow Sally E $236,219 Fidelity National Title
Lutz C David $132,479 Fidelity National Title Co
Foster Dianne $210,000 Fidelity National Title
Wray Ivan C $135,000 Puget Sound Title Company
Wahlborg Judith L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tetlow Sally E $50,001
Open Tetlow Sally E $224,675
Previous Owner Foster Dianne $206,755
Previous Owner Wray Ivan C $141,618
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2012 08/24/12 Sold $132,480 0.0% $110 / Sq Ft
05/05/2012 05/05/12 Pending -- -- --
04/15/2012 04/15/12 For Sale $132,480 -- $110 / 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 $4,820 $447,600 $273,700 $173,900
2024 $4,820 $446,900 $283,800 $163,100
2023 $4,820 $406,800 $277,400 $129,400
2022 $4,510 $418,800 $277,400 $141,400
2021 $4,280 $309,800 $189,900 $119,900
2019 $3,181 $279,000 $161,300 $117,700
2018 $3,430 $245,600 $125,300 $120,300
2017 $3,069 $218,900 $103,900 $115,000
2016 $3,042 $181,900 $79,100 $102,800
2014 $2,748 $175,100 $73,700 $101,400
2013 $2,748 $162,400 $67,000 $95,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM343767

Northwest Multiple Listing Service (NWMLS)

APN: 446250-0220