NOT LISTED FOR SALE

University Place, WA 98467

Estimated Value: $558,000 - $770,000

5 Beds
2 Baths
1,856 Sq Ft
$349/Sq Ft Est. Value

Sale Details

Date Sold: June 11, 2013

Last sale price $167,100 $90 Per Sq Ft

Est. 287% increase in value since last sale

Current estimated payment $4,047 / mo

7 Days on Market

Highlights

  • Wood Siding
  • Wall to Wall Carpet
  • 1-Story Property

About This Home

As of June 2013

Located in very secluded area. Duplex with two nice size units, both have 2 bedrooms and 1 bath. One unit has storage area that could possible be an additional room.Laundry room is located in between both units. Large lot with additional 2 car garage for additional income, storage or whatever. This will make a great investment and or long term rental.

Last Buyer's Agent

Mike Rankin

COMPASS License #27624

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 480136

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,126

Year Built

  • Built in 1968

Lot Details

  • 19,058 Sq Ft Lot
  • Property is in average condition

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,856 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Covered Spaces
  • Open Parking

Utilities

  • Septic Tank
  • Septic System

Community Details

  • University Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0220234221

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,126

Year Built

Built in 1968

Lot Details

0.44 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1968
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 1856
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • PowerCompany: Tacoma
  • SewerCompany: Septic
  • WaterCompany: Tacoma

Schools

  • Junior High Dist: University Place

Lot Info

  • Parcel Number: 0220234221
  • Lot Size Acres: 0.4375
  • Lot Size Sq Ft: 19058
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1420

Tax Info

  • Year: 2012
  • Tax Annual Amount: 4126

Multi Family

  • Number Of Units Total: 3
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2014
Sold by
Dyer Daniel D
Bought by
Oem Clara C and Oem Sung H
Current Estimated Value
$647,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,456
Outstanding Balance
$183,558
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$463,470

Purchase Details

Listed on
Apr 30, 2013
Closed on
May 23, 2013
Sold by
The Bank Of New York Mellon
Bought by
Dyer Daniel D
Buyer's Agent
Mike Rankin
COMPASS
List Price
$160,000
Sold Price
$167,100
Premium/Discount to List
$7,100
4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.09%

Purchase Details

Closed on
Feb 15, 2013
Sold by
Thompson Josh G and Thompson Jacob C
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Apr 20, 2007
Sold by
Konschuh Peter E and Simon Corinne E
Bought by
Thompson Josh G and Thompson Jacob C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,492
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oem Clara C $255,719 First American Title Ins Co
Dyer Daniel D $167,100 First American Title Ins Co
The Bank Of New York Mellon $223,492 None Available
Thompson Josh G $297,989 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oem Clara C $247,456
Previous Owner Thompson Josh G $223,492
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2013 06/11/13 Sold $167,100 +4.4% $90 / Sq Ft
05/08/2013 05/08/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $160,000 -- $86 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $7,364 $636,800 $299,200 $337,600
2024 $7,364 $611,700 $291,600 $320,100
2023 $7,364 $603,500 $295,600 $307,900
2022 $6,435 $596,500 $303,900 $292,600
2021 $6,094 $435,800 $202,600 $233,200
2019 $4,948 $386,400 $172,700 $213,700
2018 $4,742 $362,700 $165,700 $197,000
2017 $4,742 $310,200 $132,200 $178,000
2016 $4,181 $246,100 $95,100 $151,000
2014 $3,707 $232,100 $90,500 $141,600
2013 $3,707 $205,400 $90,500 $114,900
Source: Public Records

Agents Affiliated with this Home

  • Mike Rankin

    Buyer's Agent in 2013

    Mike Rankin

    COMPASS

    (253) 376-0777

    10 in this area

    123 Total Sales

    Mike Rankin
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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 480136

Northwest Multiple Listing Service (NWMLS)

APN: 022023-4221

Washington Pierce County University Place

98467

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Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS.
Based on information submitted to the MLS GRID
Listings courtesy of Northwest Multiple Listing Service (NWMLS) as distributed by MLS GRID

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