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5316 64th Avenue West

5316 64th Avenue West, University Place, WA 98467
Property in University Place
Sold Feb 05, 2021
$520,000
$468,000 by Homestreet Bank
Mortgage Due Mar 01, 2051
Sold May 31, 1995
$133,000
$99,450 by Investors Mtg Company Ltd Part
Mortgage Due Jun 01, 1997
5316 64th Avenue West has been categorized by the local assessors in University Place, WA as a residential type of property. The building on the property was first built in 1978 and is 46 years old. However, we must point out that the home was most recently renovated and altered in 2013. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5316 64th Avenue West has 2,160 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a unknown that is 926 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 9,600 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split foyer style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 528 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 5316 64th Avenue West sold most recently in Feb 3, 2021 for a total of $520,000. If you work out the math, that's approximately a cost of $984.85 per sqft. Before that, the property was also sold for $133,000 in May 27, 1995. 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 $6,200 in taxes each year. 5316 64th Avenue West was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $558,100. If we break it down further, the land itself was valued at $274,200. Improvements to the property, however, were assessed at a total of $283,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1978
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split foyer
  • 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: 926
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 9,600
  • Total Building Area: 528
  • Gross Building Area: 528
  • Building Area: 2,160
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,160
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: STONEWOOD
  • Land Acres: 0.22
  • 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 23 STONEWOOD L 49 EASE OF RECORD

Ownership

  • Current Owner : TENNEY HEIDI
  • Previous Owner : GRACE GROVER JULIE
  • Previous Owner 2: GROVER BRIAN
  • Owner Before Previous Owner: BLACK JOHN H
  • Owner Before Previous Owner 2: BLACK JOAN A

Neighborhood

  • School District Name: Tacoma Public Schools
  • Census Tract: 072312

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 802-J4
  • Parcel: 795400-0-490
  • Lot: 49
  • Meridian: SEC 23 TWN 20 RNG 02
  • Municipality: UNIVERSITY PLACE
  • Latitude: 47.2087
  • Longitude: -122.522

    Address

  • Full Address: 5316 64th Ave W
  • Address - House Number: 5316
  • Street Segment Direction: W
  • Address - Street Name: 64th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: University Place
  • Carrier Code: C076
  • 4-Digit Zip Code: 2912
  • Zip Code: 98467

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,200
  • Tax Rate Code Area: 751

    Appraisal Valuation

  • Standard Deviation: 0.1404
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 83
  • Final Value: 625,080
  • High Value: 712,870
  • Low Value: 537,290

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $468,000
  • First Open Lien Mortgage Lender: HOMESTREET BANK
  • First Open Lien Mortgage Recording Date: Feb 05, 2021
  • First Open Lien Mortgage Loan Amount: $468,000
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $558,100
  • Market Land Value: $274,200
  • Market Improvement Value: $283,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $558,100
  • Assessed Land Value: $274,200
  • Assessed Improvements Value: $283,900

    Sales

  • Current Sale Contract Date: Feb 03, 2021
  • Current Sale Recording Date: Feb 05, 2021
  • Current Sale Transaction ID: 11817505307
  • Current Sale Price: $520,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202102051109
  • Previous Sale Recording Date: May 31, 1995
  • Previous Sale Contract Date: May 27, 1995
  • Previous Sale Amount: $133,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESTREET BANK
  • First Mortgage Transaction Date: Feb 05, 2021
  • First Mortgage Loan Amount: $468,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: INVESTORS MTG COMPANY LTD PART
  • Previous Mortgage Transaction Date: May 31, 1995
  • Previous Mortgage Loan Amount: $99,450
  • Previous Mortgage Term: 24
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 1997

About University Place



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Frequently Asked Questions

What neighborhood is 5316 64th Avenue West located in?
The 5316 64th 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 5316 64th Avenue West?
The average sales price for units in 5316 64th Avenue West is $0 currently.

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