Listed by eXp Realty, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

7513 49th Street Ct W University Place, WA 98467

Estimated Value: $1,021,000 - $1,115,000

6 Beds
5 Baths
3,704 Sq Ft
$285/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $865,000 $234 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,434/month

94 Days on Market

Highlights

  • Secluded Lot
  • Patio
  • Wall to Wall Carpet
  • Evergreen Primary School Rated A
  • Partially Fenced Property

About This Home

As of September 2021

RARE incredible opportunity in UP! Townhome-style duplex in coveted quiet neighborhood of University Place located on dead-end street. Newer construction, well-maintained, and turn-key. Each unit boasts 3 beds and 2.5 baths, an attached 2-car attached garage and over 1,800 SF of living space. All bedrooms on upper level. Low maintenance lot. Excellent tenants, always rented. Fenced backyard with patio. Gas fireplaces. W/D hookups in units. Lots of storage throughout. Modern floorplan. So many possibilities, don't miss out!

Last Agent to Sell the Property

Bryan Collins

eXp Realty License #133007 Listed on: 05/19/2021

eXp Realty

Co-Listed By

Tyler Edwards

T Edwards Co License #26743

Last Buyer's Agent

Yongki Kim

Skyline Properties, Inc. License #109769

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1777068

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,693

Year Built

  • Built in 2002

Lot Details

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

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 3,704 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Propane
  • Cable TV Available

Community Details

  • University Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 022022-6-033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,693

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2002
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3704
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Secluded
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Cable Connected, Propane_, Sewer Connected, Electric, Propane
  • PowerCompany: TPU
  • SewerCompany: Pierce
  • WaterCompany: TPU

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: University Place

Lot Info

  • Parcel Number: 022022-6-033
  • Lot Size Acres: 0.34
  • Lot Size Sq Ft: 14810
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Patio,Propane
  • MLSLotSizeSource: Realist
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 22
  • LeasedItems: None
  • TotalMonthlyIncome: 3350

Tax Info

  • Year: 2020
  • Tax Annual Amount: 8693

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Electric,Propane
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2025
Sold by
Suh Misuk
Bought by
Johns Sylvia and Johns Steve
Current Estimated Value
$1,054,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,750
Outstanding Balance
$764,128
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$290,481

Purchase Details

Listed on
May 19, 2021
Closed on
Sep 16, 2021
Sold by
49Th Street Court West Llc
Bought by
Suh Misuk
Seller's Agent
Bryan Collins
eXp Realty
Buyer's Agent
Yongki Kim
Skyline Properties, Inc.
List Price
$899,950
Sold Price
$865,000
Premium/Discount to List
-$34,950
-3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.82%

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
Bought by
Tyler George and Tyler Ann M
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
Johns Sylvia $1,025,000 First American Title Insurance
Suh Misuk $865,000 Stewart Title
Suh Misuk -- 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 Johns Sylvia $768,750
Previous Owner 49Th Street Court West Llc $1,756,160
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2021 09/20/21 Sold $865,000 -3.9% $234 / Sq Ft
08/21/2021 08/21/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $899,950 0.0% $243 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $899,950 0.0% $243 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $899,950 -- $243 / 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 $10,840 $975,700 $292,500 $683,200
2024 $10,840 $940,200 $287,700 $652,500
2023 $10,840 $919,400 $296,900 $622,500
2022 $9,682 $910,900 $296,900 $614,000
2021 $9,376 $681,600 $201,000 $480,600
2019 $7,129 $602,000 $170,100 $431,900
2018 $7,143 $553,900 $155,200 $398,700
2017 $7,143 $504,800 $136,100 $368,700
2016 $6,539 $406,900 $97,100 $309,800
2014 $5,258 $378,000 $97,100 $280,900
2013 $5,258 $354,800 $87,200 $267,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1777068

Northwest Multiple Listing Service (NWMLS)

APN: 022022-6033