Listed by Red Moon Realty, Bought with Engel & Voelkers Chambers Bay
$502,000
SOLD MAY 26, 2020

8011 40th St W University Place, WA 98466

4 Beds
2 Baths
2,726 Sq Ft
9,072 Sq Ft Lot

Recently Sold

$184 Per Sq Ft

5% Below List Price

8 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • 2 Fireplaces
  • Evergreen Primary School Rated A
  • Wood Flooring
  • Gazebo

About This Home

As of July 2025

Well maintained & nicely updated UP gem. Enjoy hrdwds on the main, updated KIT & spacious utility rm. Features a newer roof & updated electrical panel, copper plumbing, insulation in crawl space & solar blanket, thermal windows, heat pump, solar circulating fans in attic & the crawlspace. Attached one-CG & carport. Landscaped .20 acre lot w/sprinkler system & fenced bkyd w/patio, deck, new gazebo & storage shed. Great location near shopping, restaurants & bus lines. FHA & VA Buyers Welcome!

Last Agent to Sell the Property

Jeff Hannem

Red Moon Realty License #73289 Listed on: 03/26/2020

Last Buyer's Agent

Elsa Borgen

Engel & Voelkers Chambers Bay License #23028070

Engel & Voelkers Chambers Bay

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1580484

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,924

Year Built

  • Built in 1954

Lot Details

  • 9,072 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Garden

Parking

  • 1 Car Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 2,726 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Gazebo
  • Outbuilding

Additional Features

  • Property is near public transit
  • Water Heater

Community Details

  • University Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 022015-2-058

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,924

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 11 - 1 1/2 Story
  • Year Built: 1954
  • Inclusions: Dishwasher,GarbageDisposal,Microwave,RangeOven,Refrigerator
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2726
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 25

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Ceiling Fan(s), Dining Room, Skylight(s), Water Heater
  • Living Area: 2726
  • Main Level Bedrooms: 2
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 2
  • SquareFootageFinished: 2726
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Microwave,Range/Oven,Refrigerator

Exterior Features

  • Roof: Composition, Torch Down
  • Lot Features: Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Total Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Fully Fenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electricity Available
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric/Garage

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Schools

  • Junior High Dist: University Place

Lot Info

  • Parcel Number: 022015-2-058
  • Topography: Level
  • Lot Size Acres: 0.2083
  • Lot Size Sq Ft: 9072
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cabana/Gazebo,Deck,Fenced-Partially,Outbuildings,Patio,Sprinkler System
  • MLSLotSizeSource: Co Assessor
  • MLSSquareFootageSource: Co Assessor

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 5924

Ownership History

Date Name Owned For Owner Type

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
7.44%
Original Mortgage
$459,458
Outstanding Balance
$409,807
Interest Rate
3.3%
Mortgage Type
VA
Estimated Equity
$317,184
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 Type Sale Price Title Company
Warranty Deed $502,000 Tc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $459,458 VA
Previous Owner $50,000 Credit Line Revolving
Previous Owner $162,800 New Conventional
Previous Owner $162,000 Credit Line Revolving
Previous Owner $40,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

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 $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

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1580484

Northwest Multiple Listing Service (NWMLS)

APN: 022015-2058