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5506 83rd Avenue West

5506 83rd Avenue West, University Place, WA 98467
Property in University Place
Sold Jun 17, 2021
$600,000
$570,000 by Fairway Independent Mortgage C
Mortgage Due Jun 01, 2051
Sold Jul 28, 2016
$344,719
$338,751 by Real Estate Mortgage Network
Mortgage Due Aug 01, 2046
5506 83rd Avenue West in University Place, WA was first built in 1971 and is 53 years old. Although, the building on the property was most recently renovated and altered in 2008. 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, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5506 83rd Avenue West has 2,168 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. The basement is 2,168 sqft and has been categorized as a unknown. In total, the area measurement of the land is 14,594 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 286 sqft. There is one available parking space. 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. As for heating, the home is utilizing baseboard heaters and being fueled with electricity. The property was last sold in Jun 9, 2021 for $600,000. That's $244.50 per sqft. Prior to that sales transaction, the property was also sold in Jul 18, 2016 for $344,719. 5506 83rd Avenue West was last assessed in 2022. The total value of the property was assessed at $607,300. Specifically, the land the property is located on was valued at $320,100. While improvements on the property were assessed at a total of $287,200. 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 $6,821. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 1971
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • 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: 2,168
  • Garage Type: Attached
  • Garage Square Area: 286
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 14,594
  • Total Building Area: 2,454
  • Gross Building Area: 2,454
  • Building Area: 2,168
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 2,168
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ACADEMY TERRACE & ACAD TERR SOUTH
  • Land Acres: 0.335
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 22 TOWNSHIP 20 RANGE 02 QUARTER 23 ACADEMY TERRACE & ACAD TERR SOUTH L 74 EASE OF RECORD OUT OF 210100-074-0 & 210200-031-0 SEG X-1240 DL ES (DC6438KT8-27-87)

Ownership

  • Current Owner : FUKUWA NICOLETTE
  • Previous Owner : BOGART JEFFREY B
  • Owner Before Previous Owner: LUGO ELIAS O
  • Owner Before Previous Owner 2: LUGO CHRISTINE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: University Place School District
  • Census Tract: 072314

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 802-F4
  • Parcel: 210200-0-311
  • Lot: 74
  • Meridian: SEC 22 TWN 20 RNG 02
  • Municipality: UNIVERSITY PLACE
  • Latitude: 47.2065
  • Longitude: -122.548

    Address

  • Full Address: 5506 83rd Ave W
  • Address - House Number: 5506
  • Street Segment Direction: W
  • Address - Street Name: 83rd
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: University Place
  • Carrier Code: C073
  • 4-Digit Zip Code: 3920
  • Zip Code: 98467

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,821
  • Tax Rate Code Area: 752

    Appraisal Valuation

  • Standard Deviation: 0.1408
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 83
  • Final Value: 648,290
  • High Value: 739,593
  • Low Value: 556,987

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $570,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jun 17, 2021
  • First Open Lien Mortgage Loan Amount: $570,000
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $607,300
  • Market Land Value: $320,100
  • Market Improvement Value: $287,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $607,300
  • Assessed Land Value: $320,100
  • Assessed Improvements Value: $287,200

    Sales

  • Current Sale Contract Date: Jun 09, 2021
  • Current Sale Recording Date: Jun 17, 2021
  • Current Sale Transaction ID: 11840525454
  • Current Sale Price: $600,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202106170638
  • Previous Sale Recording Date: Jul 28, 2016
  • Previous Sale Contract Date: Jul 18, 2016
  • Previous Sale Amount: $344,719
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jun 17, 2021
  • First Mortgage Loan Amount: $570,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: REAL ESTATE MORTGAGE NETWORK
  • Previous Mortgage Transaction Date: Jul 28, 2016
  • Previous Mortgage Loan Amount: $338,751
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2046

About University Place



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 5506 83rd Avenue West located in?
The 5506 83rd 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 5506 83rd Avenue West?
The average sales price for units in 5506 83rd Avenue West is $0 currently.

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