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2503 Sunset Drive West

2503 Sunset Drive West, Tacoma, WA 98466
Property in University Place
Sold Nov 18, 2021
$465,000
$372,000 by Movement Mortgage
Mortgage Due Dec 01, 2051
Sold Jul 25, 2017
$260,819
$253,267 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2047
Local assessors in Tacoma, WA have categorized 2503 Sunset Drive West as a residential type of property. The home was built in 1930 and is 94 years old. It was most recently renovated and altered in 2017. The property's lot size has been calculated to be 5,750 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2503 Sunset Drive West has a total of 1,048 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Do you like to entertain? The home has a covered porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a roof that is made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. The home's baseboard heaters is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2503 Sunset Drive West sold most recently in Nov 15, 2021 for a total of $465,000. If you work out the math, that's approximately a cost of $443.70 per sqft. Before that, the property was also sold for $260,819 in Jul 20, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,532 in taxes each year. 2503 Sunset Drive West was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $396,900. If we break it down further, the land itself was valued at $242,300. Improvements to the property, however, were assessed at a total of $154,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 5,750
  • Total Building Area: 1,048
  • Gross Building Area: 1,220
  • Building Area: 1,048
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 1,048
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: JACKSON ISLAND VIEWS
  • Land Acres: 0.132
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 10 TOWNSHIP 20 RANGE 02 QUARTER 23 JACKSON ISLAND VIEWS L 1 B 4 EXC S 4 FT THEREOF OUT OF 027-1 SEG L-1601 GD ES

Ownership

  • Current Owner : FRANZ KATHRYN NICOLE
  • Previous Owner : WINKLER BOYD
  • Previous Owner 2: WINKLER ISABELLA
  • Owner Before Previous Owner: COPELAND PROPERTIES LLC

Neighborhood

  • School District Name: University Place School District
  • Census Tract: 072310

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 772-G7
  • Parcel: 476500-0-273
  • Block: 4
  • Lot: 1
  • Meridian: SEC 10 TWN 20 RNG 02
  • Municipality: UNIVERSITY PLACE
  • Latitude: 47.237
  • Longitude: -122.545

    Address

  • Full Address: 2503 Sunset Dr W
  • Address - House Number: 2503
  • Street Segment Direction: W
  • Address - Street Name: Sunset
  • Address - Suffix Type: Dr
  • State: WA
  • City Name: Tacoma
  • Carrier Code: C041
  • 4-Digit Zip Code: 2815
  • Zip Code: 98466

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,532
  • Tax Rate Code Area: 752

    Appraisal Valuation

  • Standard Deviation: 0.1415
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 83
  • Final Value: 444,797
  • High Value: 507,746
  • Low Value: 381,849

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $372,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 18, 2021
  • First Open Lien Mortgage Loan Amount: $372,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $396,900
  • Market Land Value: $242,300
  • Market Improvement Value: $154,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $396,900
  • Assessed Land Value: $242,300
  • Assessed Improvements Value: $154,600

    Sales

  • Current Sale Contract Date: Nov 15, 2021
  • Current Sale Recording Date: Nov 18, 2021
  • Current Sale Transaction ID: 11869171791
  • Current Sale Price: $465,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202111180659
  • Previous Sale Recording Date: Jul 25, 2017
  • Previous Sale Contract Date: Jul 20, 2017
  • Previous Sale Amount: $260,819
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Nov 18, 2021
  • First Mortgage Loan Amount: $372,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jul 25, 2017
  • Previous Mortgage Loan Amount: $253,267
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2047

About University Place



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Nearby Rentals

Unit for rent at 3009 Bridgeport Way W, University Place, WA, 98466

$1,850 /mo

  • 3 Beds
  • 1 Bath
3009 Bridgeport Way W #200, University Place, WA, 98466 Listing by Jeff Jensen

Frequently Asked Questions

What neighborhood is 2503 Sunset Drive West located in?
The 2503 Sunset Drive West is a located in the neighborhood of University Place in University Place, Tacoma.
What is the average sales price for listings in 2503 Sunset Drive West?
The average sales price for units in 2503 Sunset Drive West is $0 currently.

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