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    • Listed by: Keller Williams Rty Tacoma • Justin C. Smith
    Bought with: Keller Williams Rty Tacoma
    $670,000

    8112 to 8114 51st Street Ct W, University Place, WA 98467

    --beds
    --baths
    1,988sqft
    Duplex, Multi Family
    Built in 1976
    -- sqft lot
    $716,500 Zestimate®
    $337/sqft
    $1,961 Estimated rent

    Home value

    $716,500

    $674,000 - $767,000

    $1,961/mo

    Zestimate® history
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    What's special

    Investor opportunity! Well maintained University Place Duplex, tucked away on a quiet cul-de-sac of well cared for homes. Easy investment property, fully rented out to long term tenants and professionally managed. Potential to increase cash flow as rents are currently below market rate. Both units have 2 bedrooms, 2 baths, garage and a spacious back yard. Ideally located - EZ access to Chambers Bay Park, Trader Joes, Whole Foods & more. Walkable to highly rated UP Schools. Come see!

    Zillow last checked:

    Listing updated:

    Listed by:

    Justin C. Smith,

    Keller Williams Rty Tacoma,

    Kristopher Shook,

    Keller Williams Rty Tacoma

    Bought with:

    Justin C. Smith, 75814

    Keller Williams Rty Tacoma

    Source: NWMLS as distributed by MLS GRID,MLS#: 2156128MLS Logo

    Facts & features

    Interior

    Heating
    • Baseboard, Electric
    Cooling
    • None
    Features
    • Flooring: Vinyl, Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 1,988
    • Total interior livable area: 1,988 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Open
    • Covered spaces: 2
    • Uncovered spaces: 2
    Features
    • Patio & porch: Wall to Wall Carpet
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 0.43 Acres
    • Features: Cul-De-Sac, Dead End Street, Secluded, Cable TV, Deck
    Details
    • Parcel number: 0220226008
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Duplex
    • Property subtype: Duplex, Multi Family
    Materials
    • Brick, Wood Siding, Wood Products
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Year built: 1976
    • Major remodel year: 1985

    Utilities & green energy

    • Electric: Company: Tacoma PUD
    • Sewer: Septic Tank, Company: Tacoma PUD
    • Water: Public, Company: Tacoma PUD

    Community & HOA

    Community
    • Subdivision: University Place
    Location
    • Region: University Place

    Financial & listing details

    • Price per square foot: $337/sqft
    • Tax assessed value: $671,900
    • Annual tax amount: $7,406
    • Date on market: 9/21/2023
    • Cumulative days on market: 1035 days
    • Listing terms: Conventional

    Price history

    DateEventPrice
    10/25/2023Sold$670,000-4.3%$337/sqft
    Source: NWMLS as distributed by MLS GRID #2156128 Report a problem
    10/4/2023Pending sale$699,999$352/sqft
    Source: NWMLS as distributed by MLS GRID #2156128 Report a problem
    8/30/2023Listed for sale$699,999$352/sqft
    Source: NWMLS as distributed by MLS GRID #2156128 Report a problem
    9/22/2017Listing removed$1,200$1/sqft
    Source: Willow Properties Report a problem
    9/7/2017Listed for rent$1,200+9.1%$1/sqft
    Source: Willow Properties Report a problem
    9/20/2014Listing removed$1,100$1/sqft
    Source: Zillow Rental Network Report a problem
    8/9/2014Listed for rent$1,100$1/sqft
    Source: Zillow Rental Network Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,761 +5.5%$671,900 +6.4%
    2024$7,355 -5%$631,600 -2.6%
    2023$7,741 +4.5%$648,700 -1.1%
    2022$7,406 +8.6%$655,700 +22.1%
    2021$6,822 +32.6%$537,100 +23.8%
    2019$5,147 -3.3%$433,900 +10.2%
    2018$5,322 +8.9%$393,800 +17.2%
    2017$4,889 +18.4%$336,100 +27.5%
    2016$4,130 $263,600 +13.2%
    2014$4,130 +6%$232,800 +6.3%
    2013$3,897 $218,900 +3.9%
    2012-- $210,600 -10.9%
    2011-- $236,400 -4.9%
    2010-- $248,500
    Find assessor info on the county website

    Neighborhood: 98467

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    Estimated market value
    $716,500
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    Estimated market value
    $716,500

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