Listed by Engel & Voelkers Chambers Bay, Bought with Better Properties NW
$715,000
SOLD JUL 21, 2025

8011 40th St W University Place, WA 98466

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

Recently Sold

$262 Per Sq Ft

1% Below List Price

24 Days on Market

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 2025

Discover 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

Elsa Borgen

Engel & Voelkers Chambers Bay License #23028070 Listed on: 05/29/2025

Engel & Voelkers Chambers Bay

Last Buyer's Agent

Alexa Mercado-Curtis

Better Properties NW License #127672

Better Properties NW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2381466

Northwest Multiple Listing Service (NWMLS)

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

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,404

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 11 - 1 1/2 Story
  • Year Built: 1954
  • Inclusions: Dishwasher(s),Leased Equipment,Microwave(s),Refrigerator(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One and One Half
  • New Construction: No
  • CalculatedSquareFootage: 2726
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2381466?w=Consumer&agent=68047
  • Special Features: VirtualTour
  • Cumulative Days on Market: 27

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher(s), Microwave(s), Refrigerator(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Electric, Pellet Stove
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Ceiling Fan(s), Fireplace, Skylight(s), Sprinkler System, Water Heater
  • Living Area: 2726
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • 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(s),Microwave(s),Refrigerator(s)
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition, Torch Down
  • View: Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Direction Faces: South
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Carport, Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Fully Fenced
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air, Stove/Free Standing
  • Heating Yn: Yes
  • PowerCompany: TPU
  • SewerCompany: Pierce County
  • WaterCompany: TPU
  • WaterHeaterLocation: Bonus Room
  • WaterHeaterType: Electric
  • CableConnected: Comcast/Xfinity
  • InternetConnected: Comcast/Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 0220152058
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.2083
  • Lot Size Sq Ft: 9072
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dog Run,Fenced-Fully,Gas Available,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Pellet, Wood

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2025
  • Tax Annual Amount: 7404

Multi Family

  • EnergySource: Electric,Pellet,Wood

MLS Schools

  • Elementary School: Evergreen Primary

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%
Total Days on Market
24

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: 2381466

Northwest Multiple Listing Service (NWMLS)

APN: 022015-2058