$400,000 in University Place! Opportunities like this are almost unheard. This 4-bedroom, 1.75-bath, 1,989 SF rambler on a 10,000 SF lot is ready for a full renovation and offers outstanding potential for investors, flippers, or buyers using rehab financing. Built in 1952, the home needs significant updating but provides the chance to create substantial equity in one of the area’s most desirable communities. Cash or rehab financing only. Bring your vision and unlock the potential of this rare value opportunity before it’s gone.
Pending
Listed by: Coldwell Banker Bain • Ryan N. Karns
$400,000
8522 29th Street W, University Place, WA 98466
4beds
1,989sqft
Single Family Residence
Built in 1952
10,258 Square Feet Lot
$416,100 Zestimate®
$201/sqft
$-- HOA
What's special
- 30 days |
- 1,230 |
- 30 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Offers reviewed: Jul 30
Listed by:
Ryan N. Karns,
Coldwell Banker Bain,
Mark Carrillo Litfin,
Coldwell Banker Bain
Source: NWMLS as distributed by MLS GRID,MLS#: 2559778
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 4
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Great room
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, Forced Air, Wall Furnace, Natural Gas
Cooling
- None
Appliances
- Included: Refrigerator, Stove(s)/Range(s), Refrigerator(s), Water Heater: Gas, Water Heater Location: Utility Room
Features
- Flooring: Ceramic Tile, Hardwood
- Basement: None
- Number of fireplaces: 2
- Fireplace features: Wood Burning, Main Level: 2, Fireplace
Interior area
- Total structure area: 1,989
- Total interior livable area: 1,989 sqft
Property
Parking
- Total spaces: 6
- Parking features: Driveway, Attached Garage
- Has attached garage: Yes
- Covered spaces: 2
- Uncovered spaces: 4
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Fireplace, Water Heater
- Has view: Yes
- View description: Territorial
Lot
- Size: 10,258 Square Feet
- Dimensions: 60 x 175
- Features: Paved, Deck, Fenced-Fully, Patio
- Topography: Level
Details
- Parcel number: 0220094018
- Special conditions: See Remarks
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Fixer
- Year built: 1952
- Major remodel year: 1980
Utilities & green energy
- Electric: Company: TPU
- Sewer: Sewer Connected, Company: Pierce County
- Water: Public, Company: TPU
Community & HOA
Community
- Subdivision: University Place
Location
- Region: University Place
Financial & listing details
- Price per square foot: $201/sqft
- Tax assessed value: $578,900
- Annual tax amount: $6,764
- Offers reviewed: 07/30/2026
- Date on market: 7/23/2026
- Cumulative days on market: 32 days
- Listing terms: Rehab Loan
- Inclusions: Refrigerator(s), Stove(s)/Range(s)
Estimated market value
$416,100
$395,000 - $437,000
$3,149/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Pending sale | $400,000$201/sqft |
Source:  NWMLS as distributed by MLS GRID #2559778 Report a problem | ||
| 7/24/2026 | Listed for sale | $400,000+177.6%$201/sqft |
Source: NWMLS as distributed by MLS GRID #2559778 Report a problem | ||
| 3/17/1997 | Sold | $144,107$72/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,764 +3% | $578,900 +3.3% |
| 2024 | $6,568 -1.6% | $560,300 -0.2% |
| 2023 | $6,671 +3.4% | $561,200 -2.1% |
| 2022 | $6,452 +5.5% | $573,400 +18.4% |
| 2021 | $6,117 +36.6% | $484,100 +29.8% |
| 2019 | $4,477 -7.9% | $373,100 +8.3% |
| 2018 | $4,860 +11.1% | $344,500 +11.4% |
| 2017 | $4,375 +1.8% | $309,300 +19.7% |
| 2016 | $4,297 | $258,400 +4.9% |
| 2014 | $4,297 +17.3% | $246,400 +12.2% |
| 2013 | $3,662 | $219,700 +9.6% |
| 2012 | -- | $200,400 -13.1% |
| 2011 | -- | $230,500 -5.3% |
| 2010 | -- | $243,400 -5.5% |
| 2009 | -- | $257,500 -8.2% |
| 2008 | $3,798 | $280,400 -2.3% |
| 2007 | $3,798 +44.3% | $286,900 +83.4% |
| 2002 | $2,632 +6% | $156,400 -0.3% |
| 2001 | $2,482 | $156,800 +6.8% |
| 2000 | $2,482 | $146,800 |
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
- 8/10University Place Primary SchoolGrades: PK-4Distance: 0.1 mi
- 6/10Curtis Junior High SchoolGrades: 8-9Distance: 0.7 mi
- 9/10Curtis Senior High SchoolGrades: 10-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: University Pl Primar
- Middle: Narrows View Interme
- 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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