NOT LISTED FOR SALE

7924 Cirque Dr W University Place, WA 98467

Estimated Value: $548,294 - $730,000

4 Beds
2 Baths
1,536 Sq Ft
$411/Sq Ft Est. Value

Last Sold August 14, 2019

Last sale price $405,000 $264 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,003/month

6 Days on Market

Highlights

  • Corner Lot
  • Ceramic Tile Flooring
  • Wood Siding
  • Evergreen Primary School Rated A
  • Property is Fully Fenced
  • 1-Story Property

About This Home

As of August 2019

INVESTOR ALERT! This dialed-in University Place duplex is ready to start generating cash-flow for you immediately, or live-in one side and rent the other! 0% Vacancy Rate. Each unit is ~ 768 sq. ft. with 2 bedrooms & 1 bathroom a piece. Laundry hook-ups in each unit. Vacant side has brand new carpet & fresh paint. Each have carport and fully fenced backyards with sheds. Long term tenant on month to month. Easy access to I-5, Whole Foods, Trader Joes, Chambers Bay, & JBLM . UP School District!!!

Last Agent to Sell the Property

Cindy Stewart

Engel & Voelkers Chambers Bay License #27518 Listed on: 07/19/2019

Engel & Voelkers Chambers Bay

Co-Listed By

Carson Stewart

Engel & Voelkers Chambers Bay License #134805

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1493467

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,654

Year Built

  • Built in 1962

Lot Details

  • 9,942 Sq Ft Lot
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Corner Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Outbuilding

Schools

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

Community Details

  • University Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 242500-001-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,654

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1962
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1536
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 284

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Torch Down
  • Lot Features: Corner Lot, Curbs, Dead End Street, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: Pierce County Sewer
  • WaterCompany: TPU
  • WaterSewerGarbage: 120

Schools

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

Lot Info

  • Parcel Number: 242500-001-0
  • Lot Size Acres: 0.2282
  • Lot Size Sq Ft: 9942
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Outbuildings
  • MLSLotSizeSource: PCA
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2450

Multi Family

  • Gross Scheduled Income: 29400
  • Number Of Units Total: 2
  • Insurance Expense: 500
  • Leasable Area: 1536
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3654

MLS Schools

  • Elementary School: Sunset Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2019
Closed on
Aug 9, 2019
Sold by
Brunelle Michael J and Brunelle Mary Ann
Bought by
Reil Investments Llc
Seller's Agent
Cindy Stewart
Engel & Voelkers Chambers Bay
List Price
$405,000
Sold Price
$405,000
Total Days on Market
6
Current Estimated Value
$630,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,824
Avg. Annual Appreciation
7.71%

Purchase Details

Closed on
Jul 9, 2004
Sold by
Elliston Robert B
Bought by
Brunelle Michael J and Brunelle Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
1.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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List 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
Reil Investments Llc $405,000 Cw Title
Brunelle Michael J $225,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brunelle Michael J $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2019 08/14/19 Sold $405,000 0.0% $264 / Sq Ft
07/25/2019 07/25/19 Pending -- -- --
07/19/2019 07/19/19 For Sale $405,000 -- $264 / 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
2024 $5,697 $475,000 $279,000 $196,000
2023 $5,697 $470,100 $285,800 $184,300
2022 $5,048 $475,600 $285,800 $189,800
2021 $4,842 $342,100 $193,300 $148,800
2019 $3,654 $309,500 $165,700 $143,800
2018 $3,786 $273,200 $146,200 $127,000
2017 $3,452 $233,900 $124,500 $109,400
2016 $2,929 $180,700 $90,500 $90,200
2014 $2,892 $160,400 $79,600 $80,800
2013 $2,892 $149,600 $72,400 $77,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1493467

Northwest Multiple Listing Service (NWMLS)

APN: 242500-0010