Listed by Morrison House Sotheby's Intl, Bought with eXp Realty
NOT LISTED FOR SALE

8307 55th St W University Place, WA 98467

Estimated Value: $718,000 - $804,000

4 Beds
2.5 Baths
3,192 Sq Ft
$238/Sq Ft Est. Value

Last Sold December 02, 2022

Last sale price $617,000 $193 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,666/month

5 Days on Market

Highlights

  • RV Access or Parking
  • Fruit Trees
  • Deck
  • Sunset Primary School Rated A
  • Fireplace in Primary Bedroom
  • Territorial View

About This Home

As of December 2022

Amazing value for so much space! New large shed for outside tools and holiday decorations plus more space in storage off the media room w/ counter tops and cabinets. Perfect for an art studio or workshop. Off the carport, larger than one car garage, perfect for a wine cellar or even more storage. Two driveways, one big enough for 4 cars AND one big enough for 2 cars or RV, even more parking in the cul de sac! Huge primary suite downstairs w/large wlk in closet, 5pc bath. Perfect for muti generational living. Large playground, basketball hoop, theater, Roomy cook's kitchen. Seller offering $15k for 2/1 buydown or closing cost. Use it to drop your interest rate 2% 1st year and 1% 2nd year.

Last Agent to Sell the Property

Michael Morrison

Morrison House Sotheby's Intl License #50025 Listed on: 10/20/2022

Last Buyer's Agent

Kellie Larson

eXp Realty License #97846

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2009664

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,194

Year Built

  • Built in 1972

Lot Details

  • 7,350 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Level Lot
  • Fruit Trees
  • Zoning described as A37

HOA Fees

  • $7 Monthly HOA Fees

Home Design

  • Split Foyer
  • Slab Foundation
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 3,192 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Dining Room
  • Territorial Views
  • Finished Basement

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Parking

  • 2 Parking Spaces
  • Detached Carport Space
  • Driveway
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Gazebo
  • Outbuilding

Schools

  • Sunset Elementary School
  • Drum Intermed Middle School
  • Curtis Snr High School

Utilities

  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 2101000540

Community Details

Overview

  • Tami Baker Association
  • Secondary HOA Phone (253) 548-7550
  • University Place Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,194

Year Built

Built in 1972

Lot Details

0

HOA Fees

$7 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 14 - Split Entry
  • Year Built: 1972
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Academy Terrace
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 3192
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 1,086

Interior Features

  • Fireplaces: 2
  • Basement: Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Hardwood, Laminate, Wall to Wall Carpet, Bath Off Primary, Ceiling Fan(s), Dining Room, Fireplace (Primary Bedroom), Jetted Tub, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
  • Living Area: 3192
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • SquareFootageFinished: 3192
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 1
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 3
  • FireplacesLower: 1
  • FireplacesUpper: 1

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Dead End Street
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Slab
  • Structure Type: House
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Attached Garage: No
  • Carport Y N: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Parking Features: RV Parking, Detached Carport, Driveway, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electricity Available
  • PowerCompany: TPU
  • SewerCompany: PC Sewer
  • WaterCompany: TPU
  • WaterHeaterType: electric

Condo/Co-op/Association

  • Community Features: CCRs, Park, Playground
  • Senior Community: No
  • Association Fee: 78
  • Association Fee Frequency: Annually
  • Phone: 253-548-7550
  • Association: Yes
  • AssociationContactName: Tami Baker

Schools

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

Lot Info

  • Parcel Number: 2101000540
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.1687
  • Lot Size Sq Ft: 7350
  • Zoning Description: A37
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cabana/Gazebo,Cable TV,Deck,Fenced-Fully,High Speed Internet,Outbuildings,Patio,RV Parking,Shop
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City
  • LotNumber: 54

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 6194
  • AdditionalTaxIds: 2101000540

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Sunset Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Dec 1, 2022
Sold by
Roose Teresa
Bought by
Morgan Joshua and Morgan Brandi
Seller's Agent
Michael Morrison
Morrison House Sotheby's Intl
Buyer's Agent
Kellie Larson
eXp Realty
List Price
$617,000
Sold Price
$617,000
Views
1
Current Estimated Value
$760,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,551
Avg. Annual Appreciation
6.37%
Original Mortgage
$639,212
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Listed on
Mar 16, 2015
Closed on
May 12, 2015
Sold by
Thompson Andrew F and Thompson Rebecca A
Bought by
Roose Teresa
Seller's Agent
Rebecca Thompson
Keller Williams Tacoma
Buyer's Agent
Sherri Roberts
Skyline Properties, Inc.
List Price
$324,500
Sold Price
$330,314
Premium/Discount to List
$5,814
1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%
Original Mortgage
$324,331
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 5, 2014
Sold by
Thompson Robert and Thompson Jane A
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
$314,204
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 19, 2011
Sold by
Baker Floyd R and Baker Susan L
Bought by
Thompson Robert and Thompson Jane A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,875
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 1997
Sold by
Baker Susan L
Bought by
Baker Floyd R and Baker Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,500
Interest Rate
7.54%

Purchase Details

Closed on
Oct 29, 1982
Sold by
Paddock Lowell V and Paddock Barbara Ann
Bought by
Payne Susan Lynn
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Morgan Joshua -- Equity Title
Roose Teresa $330,033 Old Republic Title Ltd
Thompson Andrew F $319,719 Stewart Title Company
Thompson Robert $238,500 Commonwealth Land Title Co O
Baker Floyd R -- --
Payne Susan Lynn -- Commonwealth Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Joshua $652,245
Closed Morgan Joshua $639,212
Previous Owner Roose Teresa $100,000
Previous Owner Roose Teresa $18,000
Previous Owner Roose Teresa $30,000
Previous Owner Roose Teresa J $296,000
Previous Owner Roose Teresa $324,331
Previous Owner Thompson Andrew F $314,204
Previous Owner Thompson Robert $178,875
Previous Owner Baker Floyd R $307,200
Previous Owner Baker Floyd R $111,000
Previous Owner Baker Floyd R $118,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2022 12/02/22 Sold $617,000 0.0% $193 / Sq Ft
10/25/2022 10/25/22 Pending -- -- --
10/20/2022 10/20/22 For Sale $617,000 +86.8% $193 / Sq Ft
05/14/2015 05/14/15 Sold $330,314 +1.8% $103 / Sq Ft
03/23/2015 03/23/15 Pending -- -- --
03/16/2015 03/16/15 For Sale $324,500 -- $102 / 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 $6,566 $683,700 $268,500 $415,200
2024 $6,566 $655,900 $264,100 $391,800
2023 $6,566 $552,000 $248,800 $303,200
2022 $6,580 $620,700 $263,500 $357,200
2021 $6,209 $448,900 $174,300 $274,600
2019 $5,334 $427,600 $149,000 $278,600
2018 $5,513 $413,700 $134,100 $279,600
2017 $5,150 $352,700 $104,700 $248,000
2016 -- $281,300 $71,700 $209,600
2014 $4,245 $246,400 $61,000 $185,400
2013 $4,245 $255,800 $71,700 $184,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2009664

Northwest Multiple Listing Service (NWMLS)

APN: 210100-0540