Listed by Coldwell Banker Bain, Bought with RE/MAX Extra Inc.
NOT LISTED FOR SALE

8506 48th Street Ct W University Place, WA 98467

Estimated Value: $542,000 - $578,000

2 Beds
2 Baths
1,560 Sq Ft
$358/Sq Ft Est. Value

Last Sold March 20, 2025

Last sale price $543,000 $348 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,561/month

5 Days on Market

Highlights

  • Deck
  • Territorial View
  • Cul-De-Sac
  • Evergreen Primary School Rated A
  • No HOA
  • 2 Car Attached Garage

About This Home

As of March 2025

1-story living, just up from Chamber's Bay! 2 bedrooms + private bonus room with 3/4 bath (or non-conforming 3rd bed suite)! Untouched architectural features many would pay to replicate. Cozy transitional exposed beam ceilings, flanked with built-ins, floor to ceiling flagstone hearth & vintage mirror tiles. Up-to-date on proactive maintenance such as 30yr roof (2015), HVAC servicing, newer water heater, heat pump, & exterior paint. Stylish & durable LVP flooring throughout the home. One of the few remaining streets in University Place with option to tie-in to sewer or stay on cost effective septic. Low maintenance landscaping & fenced backyard. Don't miss this awesome opportunity to make this house a home in the UP School District!

Last Agent to Sell the Property

Hollie Johnson

Coldwell Banker Bain License #124188 Listed on: 02/13/2025

Coldwell Banker Bain

Last Buyer's Agent

Taylee Goethals

RE/MAX Extra Inc. License #20113975

RE/MAX Extra Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2332278

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,219

Year Built

  • Built in 1968

Lot Details

  • 0.25 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • North Facing Home
  • Dog Run
  • Partially Fenced Property
  • Level Lot
  • Garden
  • Property is in good condition

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Dining Room
  • Vinyl Plank Flooring
  • Territorial Views
  • Storm Windows

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • University Place Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,219

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1968
  • Inclusions: Microwave(s),Refrigerator(s),Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Park Royal
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1560
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: true
  • DetachedDwellingSqFtFinished: 0
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2332278?w=Consumer&agent=108335
  • Special Features: VirtualTour
  • Cumulative Days on Market: 139

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Microwave(s), Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl Plank
  • Interior Amenities: Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace, Water Heater
  • Living Area: 1560
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1560
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Microwave(s),Refrigerator(s),Stove(s)/Range(s)
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Curbs, Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Direction Faces: North
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • 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
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Forced Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Tacoma Public Utilities
  • SewerCompany: Septic
  • WaterCompany: Tacoma Public Utilities
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 6724000080
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.2539
  • Lot Size Sq Ft: 11062
  • Zoning: R1
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dog Run,Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City
  • LotNumber: 8

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 1219

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Chambers Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2025
Closed on
Mar 19, 2025
Sold by
Henning Barbara L
Bought by
Peck Jordan and Peck Damon
Seller's Agent
Hollie Johnson
Coldwell Banker Bain
Buyer's Agent
Taylee Goethals
RE/MAX Extra Inc.
List Price
$499,995
Sold Price
$543,000
Premium/Discount to List
$43,005
8.6%
Views
59
Current Estimated Value
$557,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,942
Avg. Annual Appreciation
3.18%
Original Mortgage
$543,000
Outstanding Balance
$541,165
Interest Rate
6.89%
Mortgage Type
VA
Estimated Equity
$9,549

Purchase Details

Closed on
May 15, 2023
Sold by
Richard T Metzger Sr Family Trust
Bought by
Henning Barbara L

Purchase Details

Closed on
Sep 13, 2012
Sold by
Metzger Helene M
Bought by
Metzger Helene M and Metzger Richard T
Source: Public Records

Range of Values:

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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
Peck Jordan $543,000 Ticor Title
Henning Barbara L -- None Listed On Document
Metzger Helene M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peck Jordan $543,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2025 03/20/25 Sold $543,000 +8.6% $348 / Sq Ft
02/18/2025 02/18/25 Pending -- -- --
02/13/2025 02/13/25 For Sale $499,995 -- $321 / 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 $6,325 $591,600 $345,100 $246,500
2024 $6,325 $584,600 $340,300 $244,300
2023 $6,325 $530,900 $309,300 $221,600
2022 $3,393 $569,500 $325,800 $243,700
2021 $3,224 $389,000 $209,200 $179,800
2019 $2,742 $354,100 $179,300 $174,800
2018 $2,904 $340,000 $166,800 $173,200
2017 $4,170 $298,400 $136,300 $162,100
2016 $3,943 $245,100 $105,700 $139,400
2014 $3,180 $225,100 $95,800 $129,300
2013 $3,180 $204,900 $86,700 $118,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2332278

Northwest Multiple Listing Service (NWMLS)

APN: 672400-0080