Listed by Commencement Bay Brokers LLC, Bought with eXp Realty
NOT LISTED FOR SALE

7612 51st Street Ct W University Place, WA 98467

Estimated Value: $819,000 - $1,053,000

4 Beds
2.5 Baths
2,828 Sq Ft
$345/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $940,000 $332 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,048/month

14 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Wood Flooring
  • Evergreen Primary School Rated A
  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub

About This Home

As of September 2022

This custom built Berkshire home features hardwood floors, custom mill work and leaded glass, dual pane windows, three gas fireplaces, wired sound system and central A/C. The main level includes a living room, dining room, family room with custom built-ins and an eat-in kitchen with central island, granite counters and stainless appliances. The entry level also includes a half bath, laundry room, home office and primary suite with an updated bathroom, walk-in closet and back yard access. Three bedrooms and a full bath are located upstairs, one of the bedrooms has a balcony. The beautifully landscaped grounds feature a fully fenced back yard with waterfall and pond, a covered deck wired for sound and a three car attached garage.

Last Agent to Sell the Property

Jeff Williams

Commencement Bay Brokers LLC License #106088 Listed on: 08/06/2022

Co-Listed By

Mark Pinto

Commencement Bay Brokers LLC License #106087

Last Buyer's Agent

Nick Glenwell

eXp Realty License #126576

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1979945

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,913

Year Built

  • Built in 1996

Lot Details

  • 0.29 Acre Lot
  • North Facing Home
  • Gated Home
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System
  • Garden
  • Property is in very good condition

HOA Fees

  • $113 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Tile Roof

Interior Spaces

  • 2,828 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • 3 Fireplaces
  • Gas Fireplace
  • French Doors
  • Dining Room

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Deck

Schools

  • Sunset Elementary School
  • Drum Intermed Middle School
  • Curtis Snr High School

Utilities

  • Central Air
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Mitch Slater Association
  • Secondary HOA Phone (253) 564-2861
  • Berkshire Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 400109-016-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,913

Year Built

Built in 1996

Lot Details

0

HOA Fees

$113 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1996
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2828
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 3
  • Basement: None
  • Appliances: Dishwasher, Double Oven, Dryer, Disposal, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Forced Air, Central A/C, High Efficiency - 90%+, Ceramic Tile, Hardwood, Wall to Wall Carpet, Bath Off Primary, Built-In Vacuum, Ceiling Fan(s), Double Pane/Storm Window, Sprinkler System, Dining Room, French Doors, Jetted Tub, Security System, Vaulted Ceiling(s), Walk-In Pantry, Walk-In Closet(s), Water Heater
  • Living Area: 2828
  • Main Level Bedrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 2828
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Tile
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Direction Faces: North
  • Exterior Features: Cement/Concrete
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Natural Gas Connected, Common Area Maintenance, Road Maintenance
  • HeatingCoolingType: 90%+ High Efficiency,Central A/C,Forced Air
  • PowerCompany: TPU
  • SewerCompany: Pierce County
  • WaterCompany: TPU
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Natural Gas

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 1360
  • Association Fee Frequency: Annually
  • Phone: 253-564-2861
  • Association: Yes
  • AssociationContactName: Mitch Slater

Schools

  • Junior High Dist: University Place
  • High School: Curtis Snr High
  • Middle Or Junior School: Drum Intermed

Lot Info

  • Parcel Number: 400109-016-0
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.2875
  • Lot Size Sq Ft: 12522
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gated Entry,High Speed Internet,Sprinkler System
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Efficiency: High Efficiency - 90%+
  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 8913

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Sunset Elem

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2024
Sold by
Ko Malcolm K and Ko Helen L
Bought by
Malcolm And Helen Lee Ko Revocable Trust and Ko
Current Estimated Value
$976,879

Purchase Details

Listed on
Aug 6, 2022
Closed on
Sep 9, 2022
Sold by
Mandick Michael G
Bought by
Ko Malcolm and Ko Helen
Seller's Agent
Jeff Williams
Commencement Bay Brokers LLC
Buyer's Agent
Nick Glenwell
eXp Realty
List Price
$950,000
Sold Price
$940,000
Premium/Discount to List
-$10,000
-1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.20%

Purchase Details

Closed on
Nov 1, 1995
Sold by
Bjorn G Olson Building Inc
Bought by
Mandick Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.62%
Mortgage Type
Construction
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
Malcolm And Helen Lee Ko Revocable Trust -- None Listed On Document
Ko Malcolm -- Commonwealth Land Title
Mandick Michael G $68,058 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mandick Michael G $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2022 09/19/22 Sold $940,000 -1.1% $332 / Sq Ft
08/20/2022 08/20/22 Pending -- -- --
08/06/2022 08/06/22 For Sale $950,000 -- $336 / 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 $9,738 $923,900 $326,900 $597,000
2024 $9,738 $902,400 $321,600 $580,800
2023 $9,738 $829,100 $352,800 $476,300
2022 $8,913 $835,100 $352,800 $482,300
2021 $8,577 $626,200 $238,900 $387,300
2019 $6,745 $564,700 $202,100 $362,600
2018 $7,624 $527,700 $186,100 $341,600
2017 $6,987 $493,200 $163,200 $330,000
2016 $7,036 $400,000 $116,500 $283,500
2014 $6,344 $411,500 $116,500 $295,000
2013 $6,344 $367,000 $104,500 $262,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1979945

Northwest Multiple Listing Service (NWMLS)

APN: 400109-0160