This spacious 5-bedroom home with a pool is perfectly situated in a desirable University Place neighborhood. Designed for entertaining, it features a sunroom, generous living room, and a welcoming living room with fireplace. The detached structure in the backyard includes a bathroom with a shower and sauna, offering excellent potential for conversion into an ADU with updates. The home needs some TLC but has strong bones and incredible potential to become your dream space. Enjoy a peek-a-boo water view from the front porch that shines in the winter. Conveniently located near shopping, dining, top-rated UP schools, and highways. Sold As-Is. Buyer credit with a full price offer.
Sold
Listed by: BCR LLC • Christel EM Osterstrom
Bought with: John L. Scott, Inc
$695,000
4302 Elwood Drive W, University Place, WA 98466
5beds
3,963sqft
Single Family Residence
Built in 1962
0.34 Acres Lot
$679,700 Zestimate®
$175/sqft
$4,533 Estimated rent
Home value
$679,700
$632,000 - $734,000
$4,533/mo
Zestimate® history
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Peek-a-boo water view
Zillow last checked:
Listing updated:
Listed by:
Christel EM Osterstrom,
BCR LLC,
Juli Anne Gibson,
BCR LLC
Bought with:
Nicia Torres, 21010528
John L. Scott, Inc
Source: NWMLS as distributed by MLS GRID,MLS#: 2380941
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Lower
Other
- Level: Lower
Bonus room
- Level: Lower
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Lower
Heating
- Fireplace, Baseboard, Electric
Cooling
- None
Appliances
- Included: Water Heater: electric, Water Heater Location: basement laundry room
Features
- Bath Off Primary, Dining Room
- Flooring: Hardwood, Other, Vinyl, Carpet
- Windows: Double Pane/Storm Window
- Basement: Daylight
- Number of fireplaces: 3
- Fireplace features: Wood Burning, Lower Level: 1, Main Level: 2, Fireplace
Interior area
- Total structure area: 3,963
- Total interior livable area: 3,963 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Attached Garage, Off Street
- Attached garage spaces: 2
Features
- Levels: Three Or More
- Entry location: Main
- Patio & porch: Bath Off Primary, Double Pane/Storm Window, Dining Room, Fireplace, Water Heater
- Pool features: In-Ground
- Has spa: Yes
- Has view: Yes
- View description: Partial
Lot
- Size: 0.34 Acres
- Dimensions: 68 x 67 x 7 x 130 x 44 x 157
- Features: Corner Lot, Paved, Cabana/Gazebo, Deck, Fenced-Partially, Gas Available, Hot Tub/Spa, Outbuildings
- Topography: Level
- Residential vegetation: Brush
Details
- Parcel number: 4430300520
- Zoning: UP
- Zoning description: Jurisdiction: City
- Special conditions: Standard
- Other equipment: Leased Equipment: none
Construction
Type & style
- Home type: SingleFamily
- Architectural style: See Remarks,Tri-Level
- Property subtype: Single Family Residence
Materials
- Brick, Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Average
- Year built: 1962
- Major remodel year: 1962
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: Pierce County
- Water: Public, Company: TPU
Community & HOA
Community
- Features: CCRs
- Subdivision: University Place
Location
- Region: University Place
Financial & listing details
- Price per square foot: $175/sqft
- Tax assessed value: $789,000
- Annual tax amount: $8,481
- Date on market: 7/21/2025
- Cumulative days on market: 366 days
- Listing terms: Conventional,Rehab Loan
- Inclusions: Leased Equipment
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2025 | Sold | $695,000+0.7%$175/sqft |
Source:  NWMLS as distributed by MLS GRID #2380941 Report a problem | ||
| 6/3/2025 | Pending sale | $690,000$174/sqft |
Source: NWMLS as distributed by MLS GRID #2380941 Report a problem | ||
| 5/29/2025 | Listed for sale | $690,000+53.4%$174/sqft |
Source: NWMLS as distributed by MLS GRID #2380941 Report a problem | ||
| 10/13/2017 | Sold | $449,719$113/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,114 +7.5% | $789,000 +9.7% |
| 2023 | $8,481 -2.2% | $719,300 -7.5% |
| 2022 | $8,671 +9.4% | $777,400 +22.9% |
| 2021 | $7,924 +31.9% | $632,300 +26.8% |
| 2019 | $6,005 -6.8% | $498,800 +6.6% |
| 2018 | $6,446 +209.9% | $467,900 +12.8% |
| 2017 | $2,080 -62.4% | $414,800 +19.3% |
| 2016 | $5,525 | $347,800 +8.6% |
| 2014 | $5,525 +5.4% | $320,400 +9.6% |
| 2013 | $5,242 | $292,300 +0.1% |
| 2012 | -- | $292,100 -18.7% |
| 2009 | -- | $359,300 -7.5% |
| 2008 | $5,268 +0% | $388,500 -3.6% |
| 2007 | $5,268 +62.9% | $402,800 +106.9% |
| 2002 | $3,233 +7.7% | $194,700 |
| 2001 | $3,003 | $194,700 +8.6% |
| 2000 | $3,003 | $179,300 |
Find assessor info on the county website
Neighborhood: 98466
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Nearby schools
GreatSchools rating
- 8/10Drum Intermediate SchoolGrades: 5-7Distance: 0.6 mi
- 9/10Curtis Senior High SchoolGrades: 10-12Distance: 0.4 mi
- 6/10Curtis Junior High SchoolGrades: 8-9Distance: 0.4 mi
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Estimated market value
$679,700
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Estimated market value
$679,700
- Washington
- Pierce County
- University Place
- 98466
- 4302 Elwood Drive W
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