Listed by Windermere Real Estate/East, Bought with Better Properties N. Proctor
$515,000
SOLD AUG 22, 2024

8418 56th St W University Place, WA 98467

3 Beds
1.5 Baths
1,434 Sq Ft
10,634 Sq Ft Lot

Recently Sold

$359 Per Sq Ft

14% Above List Price

1 Day on Market

Highlights

  • RV Access or Parking
  • Territorial View
  • 2 Car Attached Garage
  • Sunset Primary School Rated A
  • Cul-De-Sac
  • Patio

About This Home

As of August 2024

Located in the highly sought-after Academy Terrace of University Place, this rare 1,434 square foot, one-story home offers 3 bedrooms and 1.5 bathrooms on an impressive 10,634 square foot lot nestled in a peaceful cul-de-sac. Expanded in 1991 and refreshed in 2015, this home features spacious living and family rooms, generous bedrooms, and a fully fenced private yard perfect for outdoor entertaining and more. Centrally located, with convenient access to schools, Chambers Bay, the town center, and JBLM. The home has been pre-inspected. Don't miss this one!

Last Agent to Sell the Property

Teck Chu

Windermere Real Estate/East License #120097 Listed on: 07/26/2024

Windermere Real Estate/East

Last Buyer's Agent

Joshua Carlson

Better Properties N. Proctor License #73962

Better Properties N. Proctor

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2270424

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,660

Year Built

  • Built in 1973

Lot Details

  • 10,634 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Brush Vegetation
  • Level Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,434 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Room
  • Laminate Flooring
  • Territorial Views
  • Dryer

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Patio

Schools

  • Sunset Elementary School
  • Curtis Jnr High Middle School
  • Curtis Snr High School

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • University Place Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,660

Year Built

Built in 1973

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1973
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1434
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2270424?w=Consumer&agent=104043
  • Special Features: None
  • Cumulative Days on Market: 351

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Dining Room, Fireplace, Laminate Hardwood
  • Living Area: 1434
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Bathrooms: 1.5
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1434
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s)
  • NWM_NumberOfBathtubs: 1

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Dead End Street
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Slab
  • Structure Type: House

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: Tacoma Power Utility
  • SewerCompany: Pierce County Sewer
  • WaterCompany: Tacoma Power Utility

Condo/Co-op/Association

  • Community Features: Playground
  • Senior Community: No
  • Association Fee: 8
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

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

Lot Info

  • Parcel Number: 210340-004-0
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.2441
  • Lot Size Sq Ft: 10634
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Patio,RV Parking
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records

Green Features

  • Power Production Type: Electric

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5660

Multi Family

  • Total Actual Rent: 2450
  • EnergySource: Electric

MLS Schools

  • Elementary School: Sunset Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Aug 22, 2024
Sold by
Kariuki Caroline
Bought by
Gitau Amos
Seller's Agent
Teck Chu
Windermere Real Estate/East
Buyer's Agent
Joshua Carlson
Better Properties N. Proctor
List Price
$450,000
Sold Price
$515,000
Premium/Discount to List
$65,000
14.44%
Views
6
Current Estimated Value
$540,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,800
Avg. Annual Appreciation
5.60%
Original Mortgage
$489,250
Outstanding Balance
$484,610
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$58,045

Purchase Details

Listed on
Jul 26, 2024
Closed on
Aug 13, 2024
Sold by
Ward Anthony M and Zavala Yuri
Bought by
Gitau Amos
Seller's Agent
Teck Chu
Windermere Real Estate/East
Buyer's Agent
Joshua Carlson
Better Properties N. Proctor
List Price
$450,000
Sold Price
$515,000
Premium/Discount to List
$65,000
14.44%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,250
Outstanding Balance
$484,610
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$58,045

Purchase Details

Closed on
Apr 25, 2020
Sold by
Ward Anthony M
Bought by
Ward Anthony M and Zavala Yuri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,500
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2015
Sold by
Cash James D and Cash Frances M
Bought by
Ward Anthony M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,100
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2009
Sold by
Cash James D and Cash Frances M
Bought by
Cash James D and Cash Frances M
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
Quit Claim Deed -- Cw Title
Warranty Deed $515,000 Cw Title
Interfamily Deed Transfer -- Orange Coast Lender Services
Warranty Deed $229,719 Wfg National Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $489,250 New Conventional
Previous Owner $156,050 Future Advance Clause Open End Mortgage
Previous Owner $214,500 New Conventional
Previous Owner $223,100 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2024 08/22/24 Sold $515,000 +14.4% $359 / Sq Ft
07/27/2024 07/27/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $450,000 -- $314 / 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 $5,660 $549,300 $290,000 $259,300
2024 $5,660 $534,500 $285,300 $249,200
2023 $5,660 $472,800 $276,300 $196,500
2022 $5,550 $521,400 $292,600 $228,800
2021 $5,164 $370,600 $193,600 $177,000
2019 $4,234 $344,900 $165,500 $179,400
2018 $4,312 $324,800 $152,300 $172,500
2017 $3,965 $272,800 $118,900 $153,900
2016 $3,268 $212,100 $81,500 $130,600
2014 $3,326 $184,400 $69,200 $115,200
2013 $3,326 $195,500 $81,500 $114,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2270424

Northwest Multiple Listing Service (NWMLS)

APN: 210340-0040