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2902 Parkway Drive West

2902 Parkway Drive West, Tacoma, WA 98466
Property in University Place
Sold Feb 05, 2021
$310,000
$206,708 by Hay Duanne
Mortgage
2902 Parkway Drive West in Tacoma, WA was first built in 1913 and is 111 years old. Although, the building on the property was most recently renovated and altered in 1956. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2902 Parkway Drive West has 1,184 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 16,238 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 264 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2902 Parkway Drive West was last sold in Jan 28, 2021 for $310,000. According to our calculations, that's $214.09 per sqft. Current property owners are expected to pay $5,397 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 2902 Parkway Drive West was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $476,400. To break that down further, the land itself was valued at $322,200. While improvements to the property were assessed at a total of $154,200. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1956
  • Building Count: 1
  • Bedroom Count: 3
  • 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
  • Garage Type: Attached
  • Garage Square Area: 264
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 16,238
  • Total Building Area: 1,448
  • Gross Building Area: 1,604
  • Building Area: 1,184
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,184
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: UNIVERSITY PLACE 1ST DIV
  • Land Acres: 0.373
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 09 TOWNSHIP 20 RANGE 02 QUARTER 42 UNIVERSITY PLACE 1ST DIV S 15 FT OF L 4 ALL OF L 5 & THAT POR OF L 6 THRU 8 B 13 LY NLY OF A LI DRAWN FROM A PT ON W LI OF L 6 B 13 FOR A DIST OF 12 FT SLY OF NW COR OF SD L 6 MAKING AN ANGLE OF 115 DEG 08 M

Ownership

  • Current Owner : BASIL COSTA D
  • Current Owner 2: BASIL DONNA M
  • Previous Owner : HAY DUANNE
  • Previous Owner 2: ESTATE OF MAXINE MAE HAY

Neighborhood

  • School District Name: University Place School District
  • Census Tract: 072309

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 802-F1
  • Parcel: 918000-0-642
  • Block: 13
  • Lot: 4
  • Meridian: SEC 09 TWN 20 RNG 02
  • Municipality: UNIVERSITY PLACE
  • Latitude: 47.2336
  • Longitude: -122.554

    Address

  • Full Address: 2902 Parkway Dr W
  • Address - House Number: 2902
  • Street Segment Direction: W
  • Address - Street Name: Parkway
  • Address - Suffix Type: Dr
  • State: WA
  • City Name: University Place
  • Carrier Code: C033
  • 4-Digit Zip Code: 2270
  • Zip Code: 98466

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,397
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 752

    Appraisal Valuation

  • Standard Deviation: 0.1542
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 81
  • Final Value: 474,796
  • High Value: 548,044
  • Low Value: 401,547

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $206,708
  • First Open Lien Mortgage Lender: HAY DUANNE
  • First Open Lien Mortgage Recording Date: Feb 14, 2022
  • First Open Lien Mortgage Loan Amount: $206,708
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $476,400
  • Market Land Value: $322,200
  • Market Improvement Value: $154,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $476,400
  • Assessed Land Value: $322,200
  • Assessed Improvements Value: $154,200

    Sales

  • Current Sale Contract Date: Jan 28, 2021
  • Current Sale Recording Date: Feb 05, 2021
  • Current Sale Transaction ID: 11817553875
  • Current Sale Price: $310,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202102050159

    Last Sale Mortgage

  • First Mortgage Lender: ESTATE OF MAXINE HAY
  • First Mortgage Transaction Date: Feb 05, 2021
  • First Mortgage Loan Amount: $210,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Feb 01, 2022

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 2902 Parkway Drive West located in?
The 2902 Parkway Drive West is a located in the neighborhood of University Place in University Place, Tacoma.
What is the average sales price for listings in 2902 Parkway Drive West?
The average sales price for units in 2902 Parkway Drive West is $0 currently.

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