NOT LISTED FOR SALE

8201 8203 42nd Stct W University Place, WA 98466

Estimated Value: $647,000 - $771,000

4 Beds
2 Baths
1,732 Sq Ft
$399/Sq Ft Est. Value

Last Sold November 29, 2017

Last sale price $365,000 $211 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,232/month

27 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • Property is in very good condition
  • Evergreen Primary School Rated A
  • High Speed Internet
  • Property is Fully Fenced

About This Home

As of November 2017

Duplex in the heart of University Place! 2 bedroom, 1 bath, laundry room ,fireplace, deck for each unit. One unit newly painted, new laminate flooring and new carpet, the other unit already has wood laminate, carpet. Fully fenced backyard and a 1 car garage for each unit.

Last Agent to Sell the Property

Shelly Crane

Keller Williams Rty Tacoma License #17905 Listed on: 09/19/2017

Keller Williams Rty Tacoma

Last Buyer's Agent

Jen Tobin

Engel & Voelkers North Tacoma License #129637

Engel & Voelkers North Tacoma

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1196018

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,212

Year Built

  • Built in 1977

Lot Details

  • 0.36 Acre Lot
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,732 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck

Utilities

  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • University Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0220157026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,212

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1977
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1732
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 298

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: PartiallyFenced
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electric
  • SewerCompany: Septic
  • WaterCompany: Tacoma
  • WaterSewerGarbage: 750

Fee Information

  • Annual Fuel Expense: 600

Schools

  • Junior High Dist: University Place

Lot Info

  • Parcel Number: 0220157026
  • Lot Size Acres: 0.36
  • Lot Size Sq Ft: 15682
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,High Speed Internet,RV Parking
  • MLSLotSizeSource: Title
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 2300

Multi Family

  • Gross Scheduled Income: 27600
  • Net Operating Income: 20280
  • Number Of Units Total: 2
  • Electric Expense: 600
  • Insurance Expense: 707
  • Leasable Area: 1732
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 4212

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2017
Closed on
Nov 27, 2017
Sold by
Price Sheron A and Taylor Sheron A
Bought by
Groshong Susanne Marie
Seller's Agent
Shelly Crane
Keller Williams Rty Tacoma
Buyer's Agent
Jen Tobin
Engel & Voelkers North Tacoma
List Price
$369,000
Sold Price
$365,000
Premium/Discount to List
-$4,000
-1.08%
Total Days on Market
27
Current Estimated Value
$690,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,223
Avg. Annual Appreciation
8.58%
Original Mortgage
$358,388
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 27, 2012
Sold by
Taylor Sheron A and Price Ronald L
Bought by
Price Sheron A and Taylor Sheron A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.05%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 2, 2003
Sold by
Dabrowski Boleslaw A
Bought by
Taylor Sharon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.6%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 21, 2000
Sold by
Hales Francis L
Bought by
Taylor Sheron A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,750
Interest Rate
7.87%
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
Groshong Susanne Marie $364,719 Fatco
Price Sheron A -- Stewart Title Company
Taylor Sharon A -- Fidelity National Title Co
Taylor Sheron A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Groshong Susanne Marie $350,000
Closed Groshong Susanne Marie $358,388
Previous Owner Price Sheron A $100,000
Previous Owner Price Sheron A $50,000
Previous Owner Taylor Sharon A $128,000
Previous Owner Taylor Sheron A $111,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2017 11/29/17 Sold $365,000 +1.7% $211 / Sq Ft
10/17/2017 10/17/17 Pending -- -- --
10/04/2017 10/04/17 Price Changed $359,000 -2.7% $207 / Sq Ft
09/19/2017 09/19/17 For Sale $369,000 -- $213 / 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 $6,822 $566,500 $294,600 $271,900
2023 $6,822 $568,400 $309,000 $259,400
2022 $6,017 $574,400 $309,000 $265,400
2021 $5,806 $414,300 $209,000 $205,300
2019 $4,463 $377,000 $179,100 $197,900
2018 $4,212 $338,600 $162,500 $176,100
2017 $4,212 $288,900 $138,300 $150,600
2016 $3,581 $226,000 $100,500 $125,500
2014 $3,550 $199,700 $88,500 $111,200
2013 $3,550 $186,300 $80,400 $105,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1196018

Northwest Multiple Listing Service (NWMLS)

APN: 022015-7026