NOT LISTED FOR SALE

8812 8814 35th St W University Place, WA 98466

Estimated Value: $800,000 - $987,000

4 Beds
3 Baths
3,370 Sq Ft
$264/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $805,000 $239 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,752/month

5 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • Wood Flooring
  • University Place Primary School Rated A
  • Secluded Lot
  • No HOA

About This Home

As of May 2023

This serene, beautifully maintained duplex in the heart of University Place will make investors & owner-occupants alike very excited! Identical 1,685 sq. feet floor plans highlighted by 2 beds / 1 updated bath + laundry room upstairs & hardwood floors, powder room, skylights & open concept living on the main floor. Tucked in its own little oasis you'll find that each unit has a 1 car garage as well as ample additional parking options, manicured lawns & private yards with decks. Don't miss the newer roof, hot water tanks & heat pumps. Updated windows & tons of natural light really make each side feel like home. Come see it today but be prepared to fall in love. Separate electrical meters installed / $2600 per side are projected market rents.

Last Listed By

Ryan Knicely

Windermere Abode License #116194 Listed on: 04/06/2023

Windermere Abode

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2049305

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,861

Year Built

  • Built in 1985

Lot Details

  • 0.39 Acre Lot
  • Property is Fully Fenced
  • Secluded Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,370 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • 8 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck

Schools

  • University Pl Primar Elementary School
  • Curtis Jnr High Middle School
  • Curtis Snr High School

Utilities

  • Forced Air Heating and Cooling System
  • High Efficiency Air Conditioning
  • High Efficiency Heating System
  • Heat Pump System

Community Details

  • No Home Owners Association
  • University Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 443000-023-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,861

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1985
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3370
  • Special Features: VirtualTour
  • Cumulative Days on Market: 267

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Secluded
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: SecuritySystem, PartiallyFenced
  • Cooling: 90%+ High Efficiency, Forced Air, Other – See Remarks
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: TPU
  • SewerCompany: Pierce County Sewer
  • WaterCompany: TPU
  • WaterSewerGarbage: 3685

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 443000-023-3
  • Lot Size Acres: 0.3882
  • Lot Size Sq Ft: 16911
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Fully,RV Parking
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12.41
  • LeasedItems: None
  • TotalMonthlyIncome: 5200

Multi Family

  • Gross Scheduled Income: 62400
  • Net Operating Income: 41742
  • Number Of Units Total: 2
  • Electric Expense: 3000
  • Insurance Expense: 1450
  • Leasable Area: 3370
  • EnergySource: Electric,Wood
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2023
  • Tax Annual Amount: 8861

MLS Schools

  • Elementary School: University Pl Primar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
May 10, 2023
Sold by
Goucher Barbara
Bought by
Sun Letian
Seller's Agent
Ryan Knicely
Windermere Abode
Buyer's Agent
Holly Sun
WeLakeside
List Price
$795,000
Sold Price
$805,000
Premium/Discount to List
$10,000
1.26%
Total Days on Market
5
Views
54
Current Estimated Value
$889,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,980
Avg. Annual Appreciation
5.09%
Original Mortgage
$563,500
Outstanding Balance
$550,043
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$339,937

Purchase Details

Closed on
Nov 6, 2006
Sold by
Goucher Barbara and Farrell Barbara
Bought by
Goucher Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 1993
Sold by
Farrell William F
Bought by
Farrell Barbara

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
Sun Letian $805,000 Wfg National Title Company Of
Goucher Barbara -- Fidelity National Title
Farrell Barbara -- Commonwealth Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Letian $563,500
Previous Owner Goucher Barbara $115,000
Previous Owner Goucher Barbara $30,000
Previous Owner Goucher Barbara $150,700
Previous Owner Goucher Barbara $187,500
Previous Owner Goucher Barbara $172,500
Previous Owner Goucher Barbara $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $805,000 +1.3% $239 / Sq Ft
04/11/2023 04/11/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $795,000 -- $236 / 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 $9,255 $806,100 $349,200 $456,900
2023 $9,255 $780,900 $325,900 $455,000
2022 $8,630 $789,400 $325,900 $463,500
2021 $8,091 $585,400 $223,200 $362,200
2019 $5,753 $503,000 $189,400 $313,600
2018 $5,335 $442,800 $162,500 $280,300
2017 $5,335 $420,000 $134,700 $285,300
2016 $5,142 $311,900 $102,500 $209,400
2014 $4,440 $293,800 $95,600 $198,200
2013 $4,440 $281,300 $86,900 $194,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2049305

Northwest Multiple Listing Service (NWMLS)

APN: 443000-0233