NOT LISTED FOR SALE

8612 40th St W University Place, WA 98466

Estimated Value: $629,000 - $699,000

4 Beds
2 Baths
1,804 Sq Ft
$372/Sq Ft Est. Value

Last Sold November 13, 2013

Last sale price $235,000 $130 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $4,294/month

60 Days on Market

About This Home

As of November 2013

U P Rambler w 4 bd, 1&3/4 baths.! Newer roof, new furnace, dbl pane windows, FP in liv/rm, Master bdrm has 3/4 bath. Two patios...1 off din/rm & 1 off fam/rm New garage door w opener...new carpeting in the liv/rm Home has been lovingly cared for, & so close to shopping, bus line & Chambers golf course, trails &playground. Home is up a driveway, back from 40th,so there is a very private feeling! By the Way..there's lots of parking up behind the house & lots of room to turn around!

Last Agent to Sell the Property

Rita Edling

Better Properties N. Proctor License #43173 Listed on: 08/05/2013

Better Properties N. Proctor

Co-Listed By

Diane Overby

Better Properties Sterling

Last Buyer's Agent

Spencer Gray

John L. Scott R.E. Lake Tapps License #26505

John L. Scott R.E. Lake Tapps

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM526680

Northwest Multiple Listing Service (NWMLS)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2013
Closed on
Nov 11, 2013
Sold by
Beard Kazuko K
Bought by
Martz Rachelle A and Martz John Rayrnand
Seller's Agent
Rita Edling
Better Properties N. Proctor
Buyer's Agent
Spencer Gray
John L. Scott R.E. Lake Tapps
List Price
$245,000
Sold Price
$235,000
Premium/Discount to List
-$10,000
-4.08%
Total Days on Market
60
Current Estimated Value
$671,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,181
Avg. Annual Appreciation
9.67%
Original Mortgage
$235,000
Interest Rate
4.17%
Mortgage Type
VA

Purchase Details

Closed on
Nov 15, 1996
Sold by
Beard Thomas C and Beard Kazuko K
Bought by
Beard Kezuko K
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Martz Rachelle A $235,000 Rainier Title Llc
Beard Kezuko K -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martz Rachelle A $202,851
Closed Martz Rachelle A $221,890
Closed Martz Rachelle A $235,000
Previous Owner Beard Kazuko K $22,599
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2013 11/13/13 Sold $235,000 +2.2% $130 / Sq Ft
10/04/2013 10/04/13 Pending -- -- --
08/22/2013 08/22/13 Price Changed $230,000 -6.1% $127 / Sq Ft
08/05/2013 08/05/13 For Sale $245,000 -- $136 / 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 $6,494 $597,300 $322,000 $275,300
2023 $6,494 $545,700 $292,000 $253,700
2022 $6,021 $586,500 $307,500 $279,000
2021 $5,615 $404,400 $197,500 $206,900
2019 $4,511 $368,300 $169,300 $199,000
2018 $4,827 $347,200 $150,000 $197,200
2017 $4,304 $307,100 $122,500 $184,600
2016 $4,106 $253,800 $95,100 $158,700
2014 $3,769 $234,900 $86,100 $148,800
2013 $3,769 $212,500 $78,000 $134,500
Source: Public Records

Agents Affiliated with this Home

  • Rita Edling

    Seller's Agent in 2013

    Rita Edling

    Better Properties N. Proctor

    (253) 370-0257

    2 in this area

    20 Total Sales

    Rita Edling
    Section Image

  • D

    Seller Co-Listing Agent in 2013

    Diane Overby

    Better Properties Sterling

    Section Image
  • Spencer Gray

    Buyer's Agent in 2013

    Spencer Gray

    John L Scott

    (253) 222-6048

    3 in this area

    148 Total Sales

    Spencer Gray
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM526680

Northwest Multiple Listing Service (NWMLS)

APN: 443040-0020

Washington Pierce County University Place 98466

8612 40th St W, University Place, WA

This home is located at 8612 40th St W, University Place, WA 98466 since 05 August 2013 and is currently estimated at $671,181, approximately $372 per square foot. This property was built in 1962. 8612 40th St W 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) 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. ©2025 NWMLS.

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