Welcome to this charming 2-bedroom, 2-bath condo in the heart of University Place! Ideally located near shopping, banking, and everyday conveniences, this home offers both accessibility and tranquility. Tucked away in a quiet, private neighborhood, you’ll love the peaceful setting and the stunning wrap-around deck—perfect for morning coffee or evening unwinding. The open kitchen flows seamlessly into the living room, creating a bright and inviting space for everyday living and entertaining. The condo also features a cozy gas fireplace, a recently upgraded furnace, and a recently added heat pump system for year-round comfort and efficiency. The primary bedroom offers convenient access to the wrap-around deck and includes a spacious walk-in closet. Enjoy fantastic community amenities including a sports court, clubhouse, and game room. With room to personalize and make it truly yours, this is an opportunity you won’t want to miss.
Active
Listed by: Keller Williams Rty Tacoma • Matthew Harber
Price cut: $17.5K (7/4)
$370,000
7117 40th Street W #5, Tacoma, WA 98466
2beds
1,205sqft
Condominium
Built in 1978
-- sqft lot
$371,900 Zestimate®
$307/sqft
$469/mo HOA
What's special
Cozy gas fireplaceQuiet private neighborhoodStunning wrap-around deckSpacious walk-in closet
- 71 days |
- 1,059 |
- 33 |
Zillow last checked:
Listing updated:
Listed by:
Matthew Harber,
Keller Williams Rty Tacoma,
Nikita Zhukovskiy,
Keller Williams Rty Tacoma
Source: NWMLS as distributed by MLS GRID,MLS#: 2519044
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- 3/4 bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom three quarter
- Level: Main
Bathroom three quarter
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, Forced Air, Heat Pump, Electric, Propane
Cooling
- Forced Air, Heat Pump
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s), Water Heater: Electric, Water Heater Location: Garage, Cooking - Electric Hookup, Cooking-Electric, Dryer-Electric
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Ceramic Tile, Vinyl Plank, Carpet
- Windows: Insulated Windows
- Number of fireplaces: 1
- Fireplace features: Gas, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,205
- Total interior livable area: 1,205 sqft
Property
Parking
- Total spaces: 4
- Parking features: Individual Garage, Off Street, RV Parking, RV Parking
- Has garage: Yes
- Covered spaces: 2
- Uncovered spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Central Vacuum, Cooking-Electric, Dryer-Electric, End Unit, Fireplace, Ground Floor, Insulated Windows, Primary Bathroom, Walk-In Closet(s), Washer, Water Heater
- Has view: Yes
- View description: Territorial
Lot
- Size: 9,670 Square Feet
- Features: Dead End Street, Open Lot, Paved
Details
- Parcel number: 4462500050
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary,Condo (1 Level)
- Property subtype: Condominium
Materials
- Wood Siding, Wood Products
- Roof: Composition
Condition
- Year built: 1978
- Major remodel year: 1993
Utilities & green energy
- Electric: Company: Pierce County
- Sewer: Company: TPU
- Water: Company: TPU
- Utilities for property: Xfinity, Xfinity
Green energy
- Energy efficient items: Insulated Windows
Community & HOA
Community
- Features: Athletic Court, Clubhouse, Game/Rec Rm, RV Parking, Trail(s)
- Subdivision: University Place
HOA
- Services included: Cable TV, Road Maintenance, Water
- HOA fee: $469 monthly
- HOA phone: 253-514-6638
Location
- Region: University Place
Financial & listing details
- Price per square foot: $307/sqft
- Tax assessed value: $476,200
- Annual tax amount: $5,692
- Date on market: 5/5/2026
- Cumulative days on market: 72 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$371,900
$353,000 - $390,000
$2,119/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/4/2026 | Price change | $370,000-4.5%$307/sqft |
Source:  NWMLS as distributed by MLS GRID #2519044 Report a problem | ||
| 6/16/2026 | Price change | $387,500-5.4%$322/sqft |
Source: NWMLS as distributed by MLS GRID #2519044 Report a problem | ||
| 6/6/2026 | Price change | $409,500-6.9%$340/sqft |
Source: NWMLS as distributed by MLS GRID #2519044 Report a problem | ||
| 5/21/2026 | Price change | $439,950-7%$365/sqft |
Source: NWMLS as distributed by MLS GRID #2519044 Report a problem | ||
| 5/7/2026 | Listed for sale | $473,000+234.3%$393/sqft |
Source: NWMLS as distributed by MLS GRID #2519044 Report a problem | ||
| 6/13/2001 | Sold | $141,500$117/sqft |
Source: NWMLS as distributed by MLS GRID #21060286 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,647 +16.3% | $476,200 +16.1% |
| 2023 | $4,857 +2.5% | $410,000 -2.9% |
| 2022 | $4,736 +4.2% | $422,300 +16.9% |
| 2021 | $4,545 +42.4% | $361,100 +28.1% |
| 2019 | $3,191 -7.2% | $281,900 +14.4% |
| 2018 | $3,440 +11.7% | $246,400 +12.2% |
| 2017 | $3,080 +0.9% | $219,600 +20.3% |
| 2016 | $3,054 | $182,600 +3.9% |
| 2014 | $3,054 +10.7% | $175,800 +7.9% |
| 2013 | $2,758 | $163,000 +7.2% |
| 2012 | -- | $152,100 -9.8% |
| 2011 | -- | $168,700 -4.1% |
| 2010 | -- | $175,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98466
Nearby schools
GreatSchools rating
- 8/10Evergreen Primary SchoolGrades: PK-4Distance: 0.2 mi
- 10/10Narrows View Intermediate SchoolGrades: 5-7Distance: 0.5 mi
- 9/10Curtis Senior High SchoolGrades: 10-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Evergreen Primary
- Middle: Curtis Jnr High
- High: Curtis Snr High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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