Listed by Starboard Real Estate, Bought with CENTURY 21 North Homes Realty
NOT LISTED FOR SALE

7512 to 7514 49th St Ct W University Place, WA 98467

Estimated Value: $772,118 - $899,000

6 Beds
3 Baths
2,634 Sq Ft
$310/Sq Ft Est. Value

Last Sold October 28, 2021

Last sale price $690,000 $262 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,252/month

25 Days on Market

Highlights

  • Deck
  • Secluded Lot
  • Wood Siding
  • Evergreen Primary School Rated A
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of October 2021

RARE incredible opportunity in UP! Split-level style duplex in coveted quiet neighborhood of University Place located on
dead-end street. New roof and fresh exterior paint. Each unit boasts 3 beds and 1.75 baths, an attached garage, back deck, and large yard. 2 bedrooms on upper level, 1 on lower level and a bonus room! Low maintenance lot. Additional parking for each unit. Fenced backyard. W/D hookups in units. Excellent tenants, always rented. UP school district. Don't miss your opportunity to purchase this gem!

Last Agent to Sell the Property

Bryan Collins

Starboard Real Estate License #133007 Listed on: 09/03/2021

Co-Listed By

Tyler Edwards

T Edwards Co License #26743

Last Buyer's Agent

The RealJuan

CENTURY 21 North Homes Realty License #20109052

CENTURY 21 North Homes Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1834262

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,653

Year Built

  • Built in 1978

Lot Details

  • 0.3 Acre Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,634 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • University Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0220226018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,653

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1978
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2634
  • Special Features: None
  • Cumulative Days on Market: 346

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Secluded
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Cable Connected, Sewer Connected, Electric, Wood
  • PowerCompany: TPU
  • SewerCompany: Pierce
  • WaterCompany: TPU
  • WaterSewerGarbage: 2733

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: University Place

Lot Info

  • Parcel Number: 0220226018
  • Lot Size Acres: 0.2984
  • Lot Size Sq Ft: 13000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 21
  • LeasedItems: None
  • TotalMonthlyIncome: 2800

Multi Family

  • Gross Scheduled Income: 33600
  • Net Operating Income: 23334
  • Number Of Units Total: 2
  • Insurance Expense: 1180
  • Leasable Area: 2634
  • EnergySource: Electric,Wood
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6653

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Oct 27, 2021
Sold by
49Th Street Court West Llc
Bought by
Hayes Bryan and Ford Hayes Joyce
Seller's Agent
Bryan Collins
Starboard Real Estate
Buyer's Agent
The RealJuan
CENTURY 21 North Homes Realty
List Price
$690,000
Sold Price
$690,000
Current Estimated Value
$830,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,713
Avg. Annual Appreciation
5.50%
Original Mortgage
$517,500
Outstanding Balance
$474,973
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$369,813

Purchase Details

Closed on
Apr 23, 2021
Sold by
Tyler George A and Tyler Living Trust
Bought by
49Th Street Court West Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,756,160
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 1999
Sold by
Tyler George A
Bought by
Tyler George and Tyler Ann M
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
Hayes Bryan $690,000 Stewart Title
49Th Street Court West Llc $2,150,000 Stewart Title Company
Tyler George -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes Bryan $166,113
Open Hayes Bryan $517,500
Previous Owner 49Th Street Court West Llc $1,756,160
Previous Owner Tyler George A $150,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2021 10/28/21 Sold $690,000 0.0% $262 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $690,000 0.0% $262 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $690,000 -- $262 / 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 $7,971 $696,300 $286,900 $409,400
2024 $7,971 $682,600 $282,200 $400,400
2023 $7,971 $668,800 $289,200 $379,600
2022 $6,807 $663,800 $289,200 $374,600
2021 $6,454 $462,800 $195,800 $267,000
2019 $4,811 $405,600 $165,700 $239,900
2018 $4,699 $366,700 $150,300 $216,400
2017 $4,699 $330,000 $131,900 $198,100
2016 $4,334 $262,400 $94,100 $168,300
2014 $3,988 $245,100 $94,100 $151,000
2013 $3,988 $228,200 $84,400 $143,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1834262

Northwest Multiple Listing Service (NWMLS)

APN: 022022-6018