Listed by Engel & Voelkers Chambers Bay, Bought with Morrison House Sotheby's Intl
$501,000
SOLD SEP 10, 2021

8514 49th St W University Place, WA 98467

3 Beds
2 Baths
1,856 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$270 Per Sq Ft

5% Above List Price

1 Day on Market

Highlights

  • Deck
  • Traditional Architecture
  • 1 Fireplace
  • Evergreen Primary School Rated A
  • Wood Flooring
  • Cul-De-Sac

About This Home

As of February 2022

Looking for an opportunity to gain value with sweat equity? This University Place rambler in the Park Royal community certainly fits the bill. With 3 bedrooms and 2 full baths, a roomy kitchen with newer appliances and plenty of room for all gatherings. Even multiple gatherings. Plus, there’s a 2 car garage with shop area and a full fenced backyard with two storage sheds and patio areas. Within walking distance to Chambers Bay, there’s opportunities galore for biking, hiking, strolling, golf or simply taking in the beauty of the sound. And close to all schools. Definitely a gem!

Last Agent to Sell the Property

Kenneth Thiemann

Engel & Voelkers Chambers Bay License #4553 Listed on: 09/01/2021

Engel & Voelkers Chambers Bay

Co-Listed By

Byron Pullen

Engel & Voelkers Chambers Bay License #20119918

Last Buyer's Agent

Michael Morrison

Morrison House Sotheby's Intl License #50025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1831565

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,787

Year Built

  • Built in 1969

Lot Details

  • Cul-De-Sac
  • Partially Fenced Property
  • Level Lot
  • Garden
  • Property is zoned R1

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outbuilding

Additional Features

  • 1 Fireplace
  • Septic System

Community Details

  • University Place Community

Listing and Financial Details

  • Assessor Parcel Number 672402-010-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,787

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Traditional
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dining Room, Skylights, Walk-In Closet
  • Floor Covering: Hardwood, Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 4
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Family Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1856
  • Square Footage Finished: 1856

Exterior Features

  • Exterior: Brick, Wood
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: TPU-PSE
  • Septic Approved for Number of Bedrooms: 4
  • Sewer: Septic
  • Water Company: TPU
  • Water Heater: Garage-Gas
  • Water Source: Community

Condo/Co-op/Association

  • Community Name: University Place
  • Project: Park Royal 2nd Addition

Schools

  • Elementary School: Chambers Elem
  • Middle School: Drum Intermed
  • High School: Curtis Snr High
  • School District: UNP

Lot Info

  • Lot Number: 10
  • Lot Details: Cul-De-Sac, Paved Street
  • Lot Dimensions: Irkregular
  • Lot Sq Ft: 8926
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 672402-010-0
  • Zoning Code: R1
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 5607

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
Feb 8, 2022
Sold by
Latonia Morrison
Bought by
Brougham Isabel and Smith Casey
Seller's Agent
Michael Morrison
Morrison House Sotheby's Intl
Buyer's Agent
Nicole Donnelly Martin
Vashon Isl. Sotheby's Int'l RE
List Price
$735,000
Sold Price
$801,000
Premium/Discount to List
$66,000
8.98%
Total Days on Market
1
Current Estimated Value
$739,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$61,993
Avg. Annual Appreciation
-2.24%
Original Mortgage
$600,750
Outstanding Balance
$565,204
Interest Rate
3.55%
Estimated Equity
$177,877

Purchase Details

Listed on
Sep 1, 2021
Closed on
Sep 8, 2021
Sold by
Morrison Michael and Morrison Latonla
Bought by
Morrison Latonla
Seller's Agent
Kenneth Thiemann
Engel & Voelkers Chambers Bay
Buyer's Agent
Michael Morrison
Morrison House Sotheby's Intl
List Price
$479,000
Sold Price
$501,000
Premium/Discount to List
$22,000
4.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
190.52%

Purchase Details

Closed on
Oct 30, 2014
Sold by
Manke Jan E
Bought by
Wolsey Robert Wayne and Wolsey Alberta Jeanne

Purchase Details

Closed on
Mar 30, 2010
Sold by
Riecan George M
Bought by
Riecan George M and Riecan Peggy

Purchase Details

Closed on
Jan 23, 2006
Sold by
Riecan Leona A
Bought by
Riecan George

Purchase Details

Closed on
Jul 25, 1996
Sold by
Lean Marjorie L
Bought by
Riecan George and Riecan Leona A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,800
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
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
Warranty Deed $800,719 Old Republic Title
Interfamily Deed Transfer -- Old Republic Title Ltd
Warranty Deed $501,000 Old Republic Title Ltd
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Warranty Deed $164,039 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,750 No Value Available
Previous Owner $49,999 Stand Alone Second
Previous Owner $236,250 New Conventional
Previous Owner $50,000 Unknown
Previous Owner $400,000 Unknown
Previous Owner $122,500 Unknown
Previous Owner $112,800 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2022 02/17/22 Sold $801,000 +9.0% $432 / Sq Ft
01/30/2022 01/30/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $735,000 +46.7% $396 / Sq Ft
09/10/2021 09/10/21 Sold $501,000 +4.6% $270 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $479,000 -- $258 / 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 $6,787 $626,600 $325,400 $301,200
2023 $6,787 $571,300 $291,100 $280,200
2022 $6,007 $615,000 $306,500 $308,500
2021 $5,607 $403,800 $196,900 $206,900
2019 $4,598 $367,600 $168,700 $198,900
2018 $4,886 $354,200 $154,900 $199,300
2017 $4,352 $311,000 $126,500 $184,500
2016 $4,154 $256,800 $98,200 $158,600
2014 $3,662 $237,800 $89,000 $148,800
2013 $3,662 $214,900 $80,500 $134,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1831565

Northwest Multiple Listing Service (NWMLS)

APN: 672402-0100