NOT LISTED FOR SALE

8123 40th St W University Place, WA 98466

Estimated Value: $782,000 - $816,000

5 Beds
1 Bath
2,756 Sq Ft
$290/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $365,100 $132 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $5,132/month

106 Days on Market

Highlights

  • RV Access or Parking
  • Contemporary Architecture
  • Territorial View
  • Evergreen Primary School Rated A
  • Secluded Lot
  • Wood Flooring

About This Home

As of August 2016

SFR currently split into 2 living spaces in highly desirable UP! 3 bd Up & 2+ bd Dwn. 1.5 bath up & 1 bath dwn. 2 H2O tanks & 2 kitchens/2 of all appliances including washer/dryer/refrigerator! Upstairs unit has rented @ $1600/mo could be even more in this hot market. Lg entertainment deck off updated kitchen. ALL NEW roof, siding, windows, electric, plumbing & remodeled bsmnt wired for home theater! Private, fully fenced, terraced, and landscaped yard. Lots of covered parking incl RV hookup.

Last Agent to Sell the Property

Joe Toner

Toner Real Estate Solutions License #24367 Listed on: 04/01/2016

Co-Listed By

Nicolas Lind

Commencement Bay Brokers LLC License #26554

Last Buyer's Agent

Michelle Henneman

JohnSRealty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM901493

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,924

Year Built

  • Built in 1958

Lot Details

  • Property is Fully Fenced
  • Secluded Lot
  • Terraced Lot
  • Garden

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked
  • Vinyl Construction Material

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Territorial Views
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Slate Flooring
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Attached Carport
  • RV Access or Parking

Outdoor Features

  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • University Place Community

Listing and Financial Details

  • Assessor Parcel Number 0220152053

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,924

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 14 - Split Entry
  • Architecture: Contemporary
  • Building Information: Built On Lot
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, High Tech Cabling, Jetted Tub, Security System, Walk In Pantry
  • Floor Covering: Ceramic Tile, Hardwood, Slate, Vinyl
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5.00
  • Lower Level Bedroom: 2
  • Bathrooms: 2.75
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Dining Room: Upper
  • Family Room: Lower
  • Living Room: Upper
  • Kitchen w/ Eating Area: Upper
  • Estimated Sq Ft: 2756
  • Square Footage Finished: 2756

Exterior Features

  • Exterior: Cement Planked, Metal/Vinyl
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Carport-Attached, Garage-Detached
  • Total Covered Parking: 6

Utilities

  • Heating And Cooling: Forced Air, Wall
  • Power Company: TPU
  • Sewer: Sewer Connected
  • Sewer Company: Pierce County
  • Water Company: TPU
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: University Place

Schools

  • Elementary School: University Pl Primar
  • Middle School: Curtis Jnr High
  • High School: Curtis Snr High
  • School District: UNP

Lot Info

  • Lot Details: Secluded, Sidewalk
  • Lot Sq Ft: 18295
  • Lot Topography Vegetation: Garden Space, Terraces
  • Parcel Number: 0220152053
  • Zoning Jurisdiction: County
  • Lot Topography: Garden Space, Terraces

Tax Info

  • Tax Amount: 5276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2016
Closed on
Aug 23, 2016
Sold by
Mundt Kathryn
Bought by
Yvarra Edward and Yvarra Rebecca C
Seller's Agent
Joe Toner
Toner Real Estate Solutions
Buyer's Agent
Michelle Henneman
JohnSRealty
List Price
$424,900
Sold Price
$365,100
Premium/Discount to List
-$59,800
-14.07%
Total Days on Market
106
Current Estimated Value
$798,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,715
Avg. Annual Appreciation
9.00%
Original Mortgage
$365,100
Interest Rate
3.45%
Mortgage Type
VA

Purchase Details

Closed on
Nov 29, 2005
Sold by
Thompson Andrew F
Bought by
Mundt Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,985
Interest Rate
6.27%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 27, 2000
Sold by
Shepard Kenneth Q
Bought by
Thompson Andrew F and Thompson Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,500
Interest Rate
6.5%

Purchase Details

Closed on
Oct 22, 1997
Sold by
Shepard Kenneth Q
Bought by
City Of University Place
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
Yvarra Edward $364,819 First American Title Ins Co
Mundt Kathryn $299,900 Fidelity National Title Insu
Thompson Andrew F $189,000 Chicago Title
City Of University Place -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yvarra Edward R $367,000
Closed Yvarra Edward $365,100
Previous Owner Mundt Kathryn M $305,317
Previous Owner Mundt Kathryn $306,000
Previous Owner Mundt Kathryn $44,985
Previous Owner Mundt Kathryn $239,920
Previous Owner Mundt Kathryn $29,990
Previous Owner Thompson Andrew F $100,000
Previous Owner Thompson Andrew F $179,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2016 08/31/16 Sold $365,100 +2.1% $132 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
07/18/2016 07/18/16 Price Changed $357,500 -4.6% $130 / Sq Ft
06/27/2016 06/27/16 Price Changed $374,900 -7.4% $136 / Sq Ft
06/13/2016 06/13/16 Price Changed $404,900 -4.7% $147 / Sq Ft
04/04/2016 04/04/16 For Sale $424,900 -- $154 / 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 $7,924 $676,800 $346,200 $330,600
2023 $7,924 $670,600 $322,000 $348,600
2022 $7,274 $686,700 $322,000 $364,700
2021 $6,774 $491,200 $220,500 $270,700
2019 $5,474 $450,300 $187,200 $263,100
2018 $5,958 $425,000 $160,100 $264,900
2017 $5,361 $382,300 $132,700 $249,600
2016 $5,276 $320,200 $101,100 $219,100
2014 $4,047 $305,400 $94,200 $211,200
2013 $4,047 $272,200 $85,600 $186,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM901493

Northwest Multiple Listing Service (NWMLS)

APN: 022015-2053