NOT LISTED FOR SALE

8210 38th Street Ct W University Place, WA 98466

Estimated Value: $653,126 - $761,000

4 Beds
2 Baths
2,006 Sq Ft
$350/Sq Ft Est. Value

Last Sold October 25, 2012

Last sale price $220,000 $110 Per Sq Ft

Est. 219% increase in value since last sale

Current estimated payment $4,301/month

60 Days on Market

Highlights

  • Cul-De-Sac
  • Patio
  • Partially Fenced Property
  • Evergreen Primary School Rated A
  • Open Space
  • Wood Siding

About This Home

As of October 2012

Opportunity Knocking for this great investment property. First Time for this well maintained duplex to be on the Market, same owner for over 30 Years. Sits at top of private drive on cul-de-sac; each side offers 2 bedrooms, 1 bath with living & dining room and one car garage; in park like setting. Fully fenced back yards back to Curtis High School. Mirror images of each other and lovingly kept by long standing cooperative tenants; who wish to remain. Impeccable records & work order history.

Last Agent to Sell the Property

Dan Dennis

Keller Williams Realty PS License #8024 Listed on: 07/11/2012

Keller Williams Realty PS

Co-Listed By

Cheryl Dennis

Keller Williams Realty PS License #25652

Last Buyer's Agent

Cheryl Russell

Better Properties N. Proctor License #41481

Better Properties N. Proctor

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 380304

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,751

Year Built

  • Built in 1971

Lot Details

  • 0.31 Acre Lot
  • Open Space
  • Cul-De-Sac
  • Partially Fenced Property
  • Property is in good condition

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,006 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • Evergreen Primary Elementary School
  • Curtis Jnr High Middle School
  • Curtis Snr High School

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • University Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0220152155

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,751

Year Built

Built in 1971

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1971
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 2006
  • Special Features: None
  • Cumulative Days on Market: 330

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Curbs, Open Space, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electric
  • PowerCompany: City of Tacoma
  • SewerCompany: Septic
  • WaterCompany: City of Tacoma
  • WaterSewerGarbage: 660

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 0220152155
  • Lot Size Acres: 0.3099
  • Lot Size Sq Ft: 13500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Outbuildings,Patio
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 1565

Multi Family

  • Gross Scheduled Income: 18780
  • Net Operating Income: 13729
  • Number Of Units Total: 2
  • Insurance Expense: 540
  • Leasable Area: 2006
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2011
  • Tax Annual Amount: 3751

MLS Schools

  • Elementary School: Evergreen Primary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2012
Closed on
Oct 22, 2012
Sold by
Lo Daniel C and Lo Colleen K
Bought by
Peters Benjamin K and Peters Joyce M
Seller's Agent
Dan Dennis
Keller Williams Realty PS
Buyer's Agent
Cheryl Russell
Better Properties N. Proctor
List Price
$249,950
Sold Price
$220,000
Premium/Discount to List
-$29,950
-11.98%
Total Days on Market
60
Current Estimated Value
$702,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,782
Avg. Annual Appreciation
9.28%
Original Mortgage
$165,000
Outstanding Balance
$117,424
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$556,263
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
Peters Benjamin K $220,000 Fatco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peters Benjamin K $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2012 10/25/12 Sold $220,000 -12.0% $110 / Sq Ft
09/10/2012 09/10/12 Pending -- -- --
07/11/2012 07/11/12 For Sale $249,950 -- $125 / 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 $6,752 $598,000 $333,200 $264,800
2023 $6,752 $562,300 $305,700 $256,600
2022 $6,269 $567,100 $305,700 $261,400
2021 $5,828 $415,900 $209,300 $206,600
2019 $4,091 $356,600 $177,700 $178,900
2018 $4,590 $308,500 $150,300 $158,200
2017 $3,767 $287,400 $124,600 $162,800
2016 $3,612 $213,200 $94,900 $118,300
2014 $3,333 $201,600 $88,400 $113,200
2013 $3,333 $191,400 $80,400 $111,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 380304

Northwest Multiple Listing Service (NWMLS)

APN: 022015-2155