NOT LISTED FOR SALE

8507 48th Street Ct W University Place, WA 98467

Estimated Value: $537,000 - $589,114

2 Beds
1 Bath
1,258 Sq Ft
$447/Sq Ft Est. Value

Last Sold December 13, 2018

Last sale price $330,000 $262 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,474/month

2 Days on Market

Highlights

  • Craftsman Architecture
  • Territorial View
  • 1 Fireplace
  • Evergreen Primary School Rated A
  • Wood Flooring
  • Cul-De-Sac

About This Home

As of December 2018

Looking for that perfect starter home? Downsizing? This is it! This updated cozy rambler is located in the desirable UP school district & close to Chambers Bay at a fraction of the cost. Features include newer roof, new floors, comfy living room fireplace, updated kitchen w/granite countertops, renovated baths & laundry room, and a HUGE fully-fenced backyard perfect for entertaining. Bonus cul-de-sac location on a 10,000 sq ft lot. Amazing price in a great neighborhood. This won't last long!

Last Agent to Sell the Property

Marvin Yamada

John L. Scott, Inc. License #25001360 Listed on: 11/23/2018

John L. Scott, Inc.

Last Buyer's Agent

April Jeong-Callies

COMPASS License #123017

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1388531

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,934

Year Built

  • Built in 1967

Lot Details

  • Cul-De-Sac
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Level Lot
  • Garden

Parking

  • Attached Garage

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Slate Flooring
  • Vinyl

Laundry

  • Dryer
  • Washer

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • University Place Community

Listing and Financial Details

  • Assessor Parcel Number 672400-004-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,934

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Craftsman
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room
  • Floor Covering: Hardwood, Slate, Vinyl
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1258
  • Square Footage Finished: 1258

Exterior Features

  • Exterior: Brick, Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: Puget Sound Energy
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Pierce County Public Utilities
  • Water Heater: Garage-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: University Place
  • Project: Park Royal

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: UNP

Lot Info

  • Lot Details: Cul-De-Sac, Dead End Street, Paved Street
  • Lot Sq Ft: 10000
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 672400-004-0
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 4373

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2020
Sold by
Sanderson Steven D and Sanderson Caron A
Bought by
Johnson Hollie A
Current Estimated Value
$561,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 23, 2018
Closed on
Dec 11, 2018
Sold by
Keller Jamie Nicole and Keller Joseph William
Bought by
Sanderson Steven D and Sanderson Caron A
Seller's Agent
Marvin Yamada
John L. Scott, Inc.
Buyer's Agent
April Jeong-Callies
COMPASS
List Price
$325,000
Sold Price
$330,000
Premium/Discount to List
$5,000
1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%
Original Mortgage
$302,197
Interest Rate
4.99%
Mortgage Type
FHA

Purchase Details

Listed on
May 24, 2016
Closed on
Feb 1, 2017
Sold by
Johnson Ryan S
Bought by
Keller Jamie Nicole and Keller Joseph William
Seller's Agent
Yon Kim
Best Choice Network LLC
Buyer's Agent
Kimberlee Calabaza
Coldwell Banker Bain
List Price
$259,950
Sold Price
$265,000
Premium/Discount to List
$5,050
1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.52%
Original Mortgage
$270,697
Interest Rate
4.3%
Mortgage Type
VA

Purchase Details

Listed on
Jul 31, 2012
Closed on
Dec 17, 2012
Sold by
Henning Barbara L
Bought by
Johnson Ryan S and Hernandez Sonia G
Seller's Agent
Deanne O'Connell
Better Properties N. Proctor
Buyer's Agent
Andrew Diamond
JohnSRealty
List Price
$195,000
Sold Price
$195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
Original Mortgage
$199,192
Interest Rate
3.37%
Mortgage Type
VA

Purchase Details

Closed on
Nov 18, 2005
Sold by
Piper Thomas A and Piper Doris L
Bought by
Pangis Michelle L and Goforth William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,100
Interest Rate
5.97%
Mortgage Type
Fannie Mae Freddie Mac
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
Johnson Hollie A -- Rainier Title
Sanderson Steven D $330,000 Rainier Title
Keller Jamie Nicole $264,719 Chicago Title Company Of Wa
Johnson Ryan S $195,000 Cw Title
Pangis Michelle L $235,900 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Hollie A $306,000
Previous Owner Sanderson Steven D $302,197
Previous Owner Keller Jamie Nicole $270,697
Previous Owner Johnson Ryan S $199,192
Previous Owner Pangis Michelle L $224,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2018 12/13/18 Sold $330,000 +1.5% $262 / Sq Ft
11/25/2018 11/25/18 Pending -- -- --
11/23/2018 11/23/18 For Sale $325,000 +22.6% $258 / Sq Ft
02/03/2017 02/03/17 Sold $265,000 +1.9% $211 / Sq Ft
12/12/2016 12/12/16 Pending -- -- --
11/17/2016 11/17/16 Price Changed $259,950 0.0% $207 / Sq Ft
11/17/2016 11/17/16 For Sale $259,950 +2.0% $207 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $254,950 0.0% $203 / Sq Ft
05/29/2016 05/29/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $254,950 +30.7% $203 / Sq Ft
12/17/2012 12/17/12 Sold $195,000 0.0% $155 / Sq Ft
11/20/2012 11/20/12 Pending -- -- --
07/31/2012 07/31/12 For Sale $195,000 -- $155 / 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 $5,934 $559,600 $337,900 $221,700
2024 $5,934 $550,100 $333,200 $216,900
2023 $5,934 $496,800 $300,600 $196,200
2022 $5,474 $532,400 $316,600 $215,800
2021 $5,058 $362,700 $203,300 $159,400
2019 $4,151 $329,200 $174,300 $154,900
2018 $4,373 $318,100 $161,100 $157,000
2017 $3,901 $276,900 $131,600 $145,300
2016 $3,688 $228,500 $102,100 $126,400
2014 $3,159 $209,700 $92,500 $117,200
2013 $3,159 $189,600 $83,700 $105,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1388531

Northwest Multiple Listing Service (NWMLS)

APN: 672400-0040