Seller's Agent in 2025
Elsa Borgen
Engel & Voelkers Chambers Bay
(253) 606-8212
3 in this area
38 Total Sales
Listed by Engel & Voelkers Chambers Bay, Bought with Better Properties NW
8011 40th St W University Place, WA 98466
4
Beds
2
Baths
2,726
Sq Ft
9,072
Sq Ft Lot
Highlights
- Deck
- Wood Burning Stove
- Territorial View
- Evergreen Primary School Rated A
- Property is near public transit
- Wood Flooring
About This Home
As of July 2025Discover the ideal blend of urban & suburban living at this beautiful home in the heart of University Place. Live in a thriving community with excellent amenities and a warm, welcoming atmosphere while enjoying all the comforts this home offers. You'll love the hardwood flooring, stainless steel appliances, spacious laundry room and even a chicken run! Whether spending the days on your covered deck, tinkering in the garden, cozying up next to your fireplace or heading to one of the many community events, you are sure to appreciate the bounty of options here. With easy access to everything including, top rated schools, parks, shopping/dining options, unparalleled convenience is at your finger tips. Shown strictly by appointment only.
Last Agent to Sell the Property
Engel & Voelkers Chambers Bay License #23028070 Listed on: 05/29/2025
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2381466
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,404
Year Built
- Built in 1954
Lot Details
- 9,072 Sq Ft Lot
- South Facing Home
- Dog Run
- Property is Fully Fenced
- Level Lot
- Sprinkler System
- Garden
- Property is in good condition
Parking
- 2 Car Attached Garage
- Attached Carport
Home Design
- Poured Concrete
- Composition Roof
- Bitumen Roof
- Wood Siding
Interior Spaces
- 2,726 Sq Ft Home
- 1.5-Story Property
- Ceiling Fan
- Skylights
- Wood Burning Stove
- Electric Fireplace
- Territorial Views
Kitchen
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- Bathroom on Main Level
Outdoor Features
- Deck
- Patio
Location
- Property is near public transit
- Property is near a bus stop
Schools
- Evergreen Primary Elementary School
- Curtis Jnr High Middle School
- Curtis Snr High School
Utilities
- Forced Air Heating System
- Pellet Stove burns compressed wood to generate heat
- Heat Pump System
- Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- University Place Subdivision
Listing and Financial Details
- Down Payment Assistance Available
- Visit Down Payment Resource Website
- Assessor Parcel Number 0220152058
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 29, 2025
Closed on
Jul 18, 2025
Sold by
Martinez Joshua G and Miller Fraser E
Bought by
Rowand Jon Michael Maes and Rowand Binh Thanh
Seller's Agent
Elsa Borgen
Engel & Voelkers Chambers Bay
Buyer's Agent
Alexa Mercado-Curtis
Better Properties NW
List Price
$725,000
Sold Price
$715,000
Premium/Discount to List
-$10,000
-1.38%
Views
75
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,882
Avg. Annual Appreciation
7.10%
Original Mortgage
$335,000
Outstanding Balance
$332,685
Interest Rate
5.97%
Mortgage Type
New Conventional
Estimated Equity
$401,197
Purchase Details
Listed on
Mar 26, 2020
Closed on
May 15, 2020
Sold by
Raggio Michael W and Raggio Audrey J
Bought by
Martinez Joshua G and Miller Fraser E
Seller's Agent
Jeff Hannem
Red Moon Realty
Buyer's Agent
Elsa Borgen
Engel & Voelkers Chambers Bay
List Price
$529,950
Sold Price
$502,000
Premium/Discount to List
-$27,950
-5.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$459,458
Interest Rate
3.3%
Mortgage Type
VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $715,000 | Ticor Title | |
| Warranty Deed | $502,000 | Tc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $335,000 | New Conventional | |
| Previous Owner | $459,458 | VA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/21/2025 07/21/25 | Sold | $715,000 | 0.0% | $262 / Sq Ft | |
| 06/22/2025 06/22/25 | Pending | -- | -- | -- | |
| 06/18/2025 06/18/25 | Price Changed | $715,000 | -1.4% | $262 / Sq Ft | |
| 05/29/2025 05/29/25 | For Sale | $725,000 | +44.4% | $266 / Sq Ft | |
| 05/26/2020 05/26/20 | Sold | $502,000 | -5.3% | $184 / Sq Ft | View Prior Sale |
| 04/03/2020 04/03/20 | Pending | -- | -- | -- | |
| 03/26/2020 03/26/20 | For Sale | $529,950 | -- | $194 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $7,212 | $670,500 | $295,700 | $374,800 |
| 2024 | $7,212 | $632,100 | $306,600 | $325,500 |
| 2023 | $7,212 | $608,400 | $273,100 | $335,300 |
| 2022 | $6,602 | $622,200 | $273,100 | $349,100 |
| 2021 | $6,180 | $446,700 | $187,000 | $259,700 |
| 2019 | $4,939 | $408,300 | $158,800 | $249,500 |
| 2018 | $5,445 | $381,800 | $131,100 | $250,700 |
| 2017 | $4,882 | $348,200 | $108,700 | $239,500 |
| 2016 | $4,851 | $290,800 | $82,700 | $208,100 |
| 2014 | $4,071 | $279,800 | $77,100 | $202,700 |
| 2013 | $4,071 | $248,800 | $70,100 | $178,700 |
Source: Public Records
Agents Affiliated with this Home
-
Elsa Borgen
-
Alexa Mercado-Curtis
Buyer's Agent in 2025
Alexa Mercado-Curtis
Better Properties NW
(253) 576-7651
1 in this area
4 Total Sales
-
Jeff Hannem
J
Seller's Agent in 2020
Jeff Hannem
Red Moon Realty
(253) 861-9910
2 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2381466
APN: 022015-2058
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.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
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