NOT LISTED FOR SALE

8418 57th St W Unit A & B University Place, WA 98467

Estimated Value: $639,000 - $730,000

3 Beds
2 Baths
1,916 Sq Ft
$364/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $550,000 $287 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,432/month

30 Days on Market

Highlights

  • Cul-De-Sac
  • Patio
  • Property is Fully Fenced
  • Sunset Primary School Rated A
  • Property is in very good condition
  • Wood Siding

About This Home

As of October 2021

Duplex in Cul De Sac..Great owner occupied option with extra income.. Newer roof and exterior Paint. Unit A 2 Bed , 2 Bath Living room with Fireplace. 2 car garage with newer central furnace w/AC. laminate flooring. Patio with private back yard. Unit B 2 bed 1 Bath Good size Great room space, laminate floor thru-out. Patio and Private back yard. 2 car carport.

Last Agent to Sell the Property

Robert Stoeck

Redfin License #17740 Listed on: 08/14/2021

Redfin

Last Buyer's Agent

Neil Bender

PropertiesNW of Gig Harbor Ltd License #80731

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1823728

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,956

Year Built

  • Built in 1973

Lot Details

  • 0.39 Acre Lot
  • Cul-De-Sac
  • Property is Fully Fenced
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,916 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Academy Terrace Condos
  • University Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2102000511

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,956

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1973
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Academy terrace
  • New Construction: No
  • CalculatedSquareFootage: 1916
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 316

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: Pierce county
  • WaterCompany: TPU
  • WaterSewerGarbage: 50

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: University Place

Lot Info

  • Parcel Number: 2102000511
  • Lot Size Acres: 0.3865
  • Lot Size Sq Ft: 16834
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Patio
  • MLSLotSizeSource: County
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 2800

Multi Family

  • Gross Scheduled Income: 33600
  • Net Operating Income: 25844
  • Number Of Units Total: 2
  • Insurance Expense: 1200
  • Leasable Area: 1916
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 5956

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2021
Closed on
Sep 27, 2021
Sold by
Gabriel Veronica T
Bought by
Up Ventures Llc
Seller's Agent
Robert Stoeck
Redfin
Buyer's Agent
Neil Bender
PropertiesNW of Gig Harbor Ltd
List Price
$599,950
Sold Price
$550,000
Premium/Discount to List
-$49,950
-8.33%
Current Estimated Value
$697,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,136
Avg. Annual Appreciation
4.38%

Purchase Details

Closed on
Sep 28, 2009
Sold by
Mula Menandre Guerrero
Bought by
Gabriel Veronica T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,050
Interest Rate
5.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2009
Sold by
Johnson Dennis D
Bought by
Gabriel Veronica T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,050
Interest Rate
5.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2006
Sold by
Johnson Harriet S
Bought by
Johnson Dennis D and Johnson Bertha L
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
Up Ventures Llc $550,000 First American Title
Gabriel Veronica T -- First American Title Ins Co
Gabriel Veronica T $239,000 First American Title Ins Co
Johnson Dennis D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gabriel Veronica T $227,050
Previous Owner Johnson Dennis D $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $550,000 -4.3% $287 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
08/21/2021 08/21/21 Price Changed $575,000 -4.2% $300 / Sq Ft
08/14/2021 08/14/21 For Sale $599,950 -- $313 / 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 $6,442 $602,200 $282,600 $319,600
2023 $6,442 $535,200 $283,300 $251,900
2022 $6,351 $593,400 $300,000 $293,400
2021 $5,956 $425,500 $198,500 $227,000
2019 $5,010 $399,700 $169,700 $230,000
2018 $5,090 $382,800 $151,700 $231,100
2017 $4,718 $324,600 $118,400 $206,200
2016 $3,909 $255,800 $81,100 $174,700
2014 $3,552 $223,000 $68,900 $154,100
2013 $3,552 $233,400 $81,100 $152,300
Source: Public Records

Agents Affiliated with this Home

  • Robert Stoeck

    Seller's Agent in 2021

    Robert Stoeck

    Redfin

    (253) 988-0598

    Section Image
  • Neil Bender

    Buyer's Agent in 2021

    Neil Bender

    PropertiesNW of Gig Harbor Ltd

    (253) 549-3366

    4 in this area

    120 Total Sales

    Neil Bender
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1823728

Northwest Multiple Listing Service (NWMLS)

APN: 210200-0511

Washington Pierce County University Place 98467

8418 57th St W Unit A & B, University Place, WA

This home is located at 8418 57th St W Unit A & B, University Place, WA 98467 since 14 August 2021 and is currently estimated at $697,136, approximately $363 per square foot. This property was built in 1973. 8418 57th St W Unit A & B is a home located in Pierce County with nearby schools including Sunset Primary School, Evergreen Primary School, and Drum Intermediate School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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