NOT LISTED FOR SALE

8002 50th St W University Place, WA 98467

Estimated Value: $606,000 - $669,000

4 Beds
2 Baths
1,600 Sq Ft
$398/Sq Ft Est. Value

Last Sold February 28, 2017

Last sale price $216,000 $135 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $4,086/month

21 Days on Market

Highlights

  • Wood Siding
  • Wall to Wall Carpet
  • 1-Story Property
  • Sunset Primary School Rated A

About This Home

As of February 2017

Nice location, corner lot situated on a no-outlet cul-de-sac. Covered parking on left side unit and potential covered parking on right side unit. Large lot offers potential. Just a few blocks off of Bridgeport Way giving close access to amenities. 2 bedrooms, 1 bath each side.
Bring your vision and tool bag and imagine the possibilities. Add this to your rental portfolio.

Last Agent to Sell the Property

Ron Bishop

John L. Scott, Inc. License #8952 Listed on: 01/04/2017

John L. Scott, Inc.

Co-Listed By

Deborah Bonneville

Windermere Prof Partners License #26164

Last Buyer's Agent

Albert Weaver

Better Properties N. Proctor License #126060

Better Properties N. Proctor

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1064365

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,217

Year Built

  • Built in 1964

Lot Details

  • 0.29 Acre Lot

Home Design

  • Duplex
  • Flat Roof Shape
  • Poured Concrete
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • Open Parking

Community Details

  • University Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2425000160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,217

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1964
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1600
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 406

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Flat
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: City of Tacoma
  • SewerCompany: City of Tacoma
  • WaterCompany: City of Tacoma
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: University Place

Lot Info

  • Parcel Number: 2425000160
  • Lot Size Acres: 0.2885
  • Lot Size Sq Ft: 12569
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records

Green Features

  • Power Production Type: Electric

Rental Info

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

Tax Info

  • Year: 2016
  • Tax Annual Amount: 3217

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 1600
  • UnitsBelowGrade: false
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2017
Closed on
Feb 22, 2017
Sold by
Us Bank National Association
Bought by
North Tacoma Rentals Llc
Seller's Agent
Ron Bishop
John L. Scott, Inc.
Buyer's Agent
Albert Weaver
Better Properties N. Proctor
List Price
$245,000
Sold Price
$216,000
Premium/Discount to List
-$29,000
-11.84%
Total Days on Market
21
Current Estimated Value
$637,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,597
Avg. Annual Appreciation
13.71%

Purchase Details

Closed on
May 2, 2016
Sold by
Traynor Dennis
Bought by
Nationstar Mortgage Llc and Champion Mortgage Company

Purchase Details

Closed on
Mar 15, 2016
Sold by
Nationstar Mortgage Llc
Bought by
U S Bank National Association

Purchase Details

Closed on
Jun 26, 2015
Sold by
Traynor Dennis
Bought by
Nationstar Mortgage Llc and Chamption Mortgage Company

Purchase Details

Closed on
Jun 24, 1997
Sold by
Haws Keith C
Bought by
Traynor Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.91%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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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
North Tacoma Rentals Llc $215,719 Fidelity National Title
Nationstar Mortgage Llc $170,000 1St Am
U S Bank National Association -- Accommodation
Nationstar Mortgage Llc $170,000 None Available
Traynor Dennis $127,973 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open North Tacoma Rentals Llc $330,000
Previous Owner Traynor Dennis $487,500
Previous Owner Traynor Dennis $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2017 02/28/17 Sold $216,000 -11.8% $135 / Sq Ft
01/27/2017 01/27/17 Pending -- -- --
01/05/2017 01/05/17 For Sale $245,000 -- $153 / 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 $6,252 $513,400 $293,100 $220,300
2023 $6,252 $518,600 $305,500 $213,100
2022 $5,531 $523,800 $305,500 $218,300
2021 $5,288 $375,500 $206,600 $168,900
2019 $4,067 $341,700 $177,100 $164,600
2018 $3,517 $306,600 $158,500 $148,100
2017 $3,509 $216,000 $134,900 $81,100
2016 $2,972 $184,600 $98,100 $86,500
2014 $3,096 $163,000 $86,300 $76,700
2013 $3,096 $151,700 $78,400 $73,300
Source: Public Records

Agents Affiliated with this Home

  • Ron Bishop

    Seller's Agent in 2017

    Ron Bishop

    John L. Scott, Inc.

    (360) 876-7600

    Section Image
  • Deborah Bonneville

    Seller Co-Listing Agent in 2017

    Deborah Bonneville

    Windermere Corporate

    (360) 340-3359

    115 Total Sales

    Deborah Bonneville
    Section Image

  • A

    Buyer's Agent in 2017

    Albert Weaver

    Better Properties N. Proctor

    (360) 870-6415

    3 Total Sales

    Albert Weaver
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1064365

Northwest Multiple Listing Service (NWMLS)

APN: 242500-0160

Washington Pierce County University Place 98467

8002 50th St W, University Place, WA

This home is located at 8002 50th St W, University Place, WA 98467 since 04 January 2017 and is currently estimated at $637,597, approximately $398 per square foot. This property was built in 1964. 8002 50th St W is a home located in Pierce County with nearby schools including Sunset Primary School, Evergreen Primary School, and Drum Intermediate School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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