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5023 53rd Avenue West

5023 53rd Avenue West, University Place, WA 98467
Property in University Place
Sold Apr 23, 2021
$679,000
$703,444 by Fairway Independent Mortgage C
Mortgage Due May 01, 2051
Sold Oct 02, 2017
$473,821
$473,452 by Crosscountry Mortgage Inc
Mortgage Due Nov 01, 2047
Local assessors in University Place, WA have categorized 5023 53rd Avenue West as a residential type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 5,869 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level 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, 4 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 are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5023 53rd Avenue West has a total of 2,586 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 516 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a 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 - C. 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. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Apr 17, 2021 for $679,000. That's $1,315.89 per sqft. Prior to that sales transaction, the property was also sold in Sep 4, 2017 for $473,821. 5023 53rd Avenue West was last assessed in 2022. The total value of the property was assessed at $665,300. Specifically, the land the property is located on was valued at $239,300. While improvements on the property were assessed at a total of $426,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $7,350. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 516
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,869
  • Total Building Area: 516
  • Gross Building Area: 516
  • Building Area: 2,586
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,586
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: THE KNOLLS AT UNIVERSITY PLACE PH 2
  • Land Acres: 0.135
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 23 TOWNSHIP 20 RANGE 02 QUARTER 11 THE KNOLLS AT UNIVERSITY PLACE PH 2 L 85 TOG/W UNDIV INT IN TRACTS A & B EASE OF REC OUT OF 02-20-23-1-126 SEG 2017-0109 JP 07/12/16 JP

Ownership

  • Current Owner : LINK ROBERT T
  • Previous Owner : LAWRENCE ERIC
  • Previous Owner 2: LAWRENCE MICHELLE
  • Owner Before Previous Owner: SSHI LLC

Neighborhood

  • School District Name: Tacoma Public Schools
  • Census Tract: 072313

Geography

  • Subdivision Phase Number: 2
  • Subdivision Tract Number: A
  • Parcel: 400328-0-850
  • Lot: 85
  • Meridian: SEC 23 TWN 20 RNG 02
  • Municipality: UNIVERSITY PLACE
  • Latitude: 47.2112
  • Longitude: -122.508

    Address

  • Full Address: 5023 53rd Ave W
  • Address - House Number: 5023
  • Street Segment Direction: W
  • Address - Street Name: 53rd
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: University Place
  • Carrier Code: C081
  • 4-Digit Zip Code: 3720
  • Zip Code: 98467

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,350
  • Tax Rate Code Area: 751

    Appraisal Valuation

  • Standard Deviation: 0.1408
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 83
  • Final Value: 728,971
  • High Value: 831,637
  • Low Value: 626,305

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $703,444
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Apr 23, 2021
  • First Open Lien Mortgage Loan Amount: $703,444
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $665,300
  • Market Land Value: $239,300
  • Market Improvement Value: $426,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $665,300
  • Assessed Land Value: $239,300
  • Assessed Improvements Value: $426,000

    Sales

  • Current Sale Contract Date: Apr 17, 2021
  • Current Sale Recording Date: Apr 23, 2021
  • Current Sale Transaction ID: 11832681383
  • Current Sale Price: $679,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202104230596
  • Previous Sale Recording Date: Oct 02, 2017
  • Previous Sale Contract Date: Sep 04, 2017
  • Previous Sale Amount: $473,821
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Apr 23, 2021
  • First Mortgage Loan Amount: $703,444
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CROSSCOUNTRY MORTGAGE INC
  • Previous Mortgage Transaction Date: Oct 02, 2017
  • Previous Mortgage Loan Amount: $473,452
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Nov 01, 2047

About University Place



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Frequently Asked Questions

What neighborhood is 5023 53rd Avenue West located in?
The 5023 53rd Avenue West is a located in the neighborhood of University Place in University Place, University Place.
What is the average sales price for listings in 5023 53rd Avenue West?
The average sales price for units in 5023 53rd Avenue West is $0 currently.

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