Listed by Keller Williams Rty Tacoma, Bought with Coldwell Banker Bain
NOT LISTED FOR SALE

7117 40th St W Unit 8 University Place, WA 98466

Estimated Value: $485,000 - $576,000

3 Beds
1 Bath
1,925 Sq Ft
9,583 Sq Ft Lot

Last Sold July 27, 2016

Last sale price $245,000 $127 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $3,280/month

117 Days on Market

Highlights

  • Contemporary Architecture
  • Secluded Lot
  • 1 Fireplace
  • Evergreen Primary School Rated A
  • Territorial View
  • Cul-De-Sac

About This Home

As of July 2016

VERY rare opportunity to own a nicely updated condo in the middle of UP with an additional living space & separate entrance. MIL, Nanny or caregiver ready. This duplex style condo is in excellent condition and ready for the discerning buyer. NEW; Carpet, Paint, flooring, oven, Lighting and more. No steps into the main floor unit which has 2 bedrooms. Lower level accessible from inside or & has liv rm, 3/4 bath and separate laundry. 2-car gar too! Excellent opportunity!

Last Agent to Sell the Property

Jeff Jensen

Keller Williams Rty Tacoma License #17195 Listed on: 02/24/2016

Keller Williams Rty Tacoma

Last Buyer's Agent

Cathy Baujan

Coldwell Banker Bain License #9858

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM898891

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,358

Year Built

  • Built in 1978

Lot Details

  • Open Space
  • Cul-De-Sac
  • Street terminates at a dead end

Parking

  • Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 2-Story Property
  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 446250-008-0

Community Details

Overview

  • 2 Units
  • University Place Community

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,358

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 31 - Condo (2 Levels)
  • Architecture: Contemporary
  • Entrance Level: Main
  • Unit Floor Number: 1
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Dryer-Electric
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 1
  • Bathrooms: 2.25
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplace Type: Wood
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Lower
  • Dining Room: Main
  • Family Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Lower Level
  • Estimated Sq Ft: 1925
  • Window Coverings: Yes

Exterior Features

  • Exterior: Wood
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Individual Garage
  • Parking Space Number: 621

Utilities

  • Heating And Cooling: Forced Air, Heat Pump
  • Water Heater: Basement-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 2
  • Numberof Units In Complex: 30
  • HOA Fees: 375
  • Community Name: University Place
  • Project: HIDDEN WOOD WEST CONDOS
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Diamond Community Management (253) 514-6638
  • Association Contact: Carol Burton (253) 514-6638
  • Common Property Features: Cable Tv, Club House, Rv Parking, Trails
  • Home Owner Dues Included: Cable Tv, Road Maintenance, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, Central Vacuum, End Unit, Insulated Windows, Master Bath, Walk-In Closet

Schools

  • Elementary School: Evergreen Primary
  • Middle School: Curtis Jnr High
  • High School: Curtis Snr High
  • School District: UNP

Lot Info

  • Lot Details: Cul-De-Sac, Dead End Street, Open Space, Secluded
  • Lot Sq Ft: 9670
  • Parcel Number: 446250-008-0

Tax Info

  • Tax Amount: 3659

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2016
Closed on
Jul 26, 2016
Sold by
Wilson Joyce B
Bought by
Lee D K
Seller's Agent
Jeff Jensen
Keller Williams Rty Tacoma
Buyer's Agent
Cathy Baujan
Coldwell Banker Bain
List Price
$249,950
Sold Price
$245,000
Premium/Discount to List
-$4,950
-1.98%
Current Estimated Value
$535,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,757
Avg. Annual Appreciation
8.84%
Original Mortgage
$245,000
Outstanding Balance
$195,859
Interest Rate
3.54%
Mortgage Type
VA
Estimated Equity
$339,898
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lee D K $244,719 Cw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee D K $245,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2016 07/27/16 Sold $245,000 -2.0% $127 / Sq Ft
06/21/2016 06/21/16 Pending -- -- --
06/12/2016 06/12/16 For Sale $249,950 0.0% $130 / Sq Ft
06/10/2016 06/10/16 Pending -- -- --
05/31/2016 05/31/16 Price Changed $249,950 -2.0% $130 / Sq Ft
04/25/2016 04/25/16 Price Changed $255,000 -1.9% $132 / Sq Ft
04/15/2016 04/15/16 For Sale $259,950 0.0% $135 / Sq Ft
03/08/2016 03/08/16 Pending -- -- --
02/24/2016 02/24/16 For Sale $259,950 -- $135 / 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 $5,358 $507,700 $273,700 $234,000
2024 $5,358 $503,200 $283,800 $219,400
2023 $5,358 $453,800 $277,400 $176,400
2022 $5,037 $470,100 $277,400 $192,700
2021 $4,867 $353,800 $189,900 $163,900
2019 $3,728 $322,200 $161,300 $160,900
2018 $4,062 $289,800 $125,300 $164,500
2017 $3,659 $261,000 $103,900 $157,100
2016 $3,659 $219,600 $79,100 $140,500
2014 $3,344 $212,300 $73,700 $138,600
2013 $3,344 $197,400 $67,000 $130,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM898891

Northwest Multiple Listing Service (NWMLS)

APN: 446250-0080