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5911 54th Street West

5911 54th Street West, University Place, WA 98467
Property in University Place
Sold Mar 29, 2001
$308,300
$255,200 by Key Bank Na
Mortgage Due Apr 01, 2036
Local assessors in University Place, WA have categorized 5911 54th Street West as a residential type of property. The home was built in 1987 and is 37 years old. It was most recently renovated and altered in 2013. The property's lot size has been calculated to be 9,189 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 2 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 5911 54th Street West has a total of 2,308 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 606 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. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 - B-. The building has a roof that is made of concrete. 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 heating system is the primary heating source. 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, 5911 54th Street West sold most recently in Mar 23, 2001 for a total of $308,300. If you work out the math, that's approximately a cost of $508.75 per sqft. 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 $7,274 in taxes each year. 5911 54th Street West was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $658,300. If we break it down further, the land itself was valued at $257,300. Improvements to the property, however, were assessed at a total of $401,000. 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: 1987
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: B-
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 606
  • Parking Space Count: 2
  • Porch Type: Porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,189
  • Total Building Area: 606
  • Gross Building Area: 606
  • Building Area: 2,308
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,308
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: UNIVERSITY PARK TERRACE
  • Land Acres: 0.211
  • 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 24 UNIVERSITY PARK TERRACE L 69 EASE OF RECORD SEG P-6512 DL ES

Ownership

  • Current Owner : NGUYEN VU H
  • Previous Owner : NGUYEN SON KIM
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 802-J4
  • Parcel: 917850-0-690
  • Lot: 69
  • Meridian: SEC 23 TWN 20 RNG 02
  • Municipality: UNIVERSITY PLACE
  • Latitude: 47.2083
  • Longitude: -122.517

    Address

  • Full Address: 5911 54th St W
  • Address - House Number: 5911
  • Street Segment Direction: W
  • Address - Street Name: 54th
  • Address - Suffix Type: St
  • State: WA
  • City Name: University Place
  • Carrier Code: C076
  • 4-Digit Zip Code: 2989
  • Zip Code: 98467

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,274
  • Tax Rate Code Area: 751

    Appraisal Valuation

  • Standard Deviation: 0.1272
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 85
  • Final Value: 691,163
  • High Value: 779,121
  • Low Value: 603,205

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $255,200
  • First Open Lien Mortgage Lender: KEY BANK NA
  • First Open Lien Mortgage Recording Date: Mar 17, 2021
  • First Open Lien Mortgage Loan Amount: $255,200
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2036

    Market Valuation

  • Market Total Value: $658,300
  • Market Land Value: $257,300
  • Market Improvement Value: $401,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $658,300
  • Assessed Land Value: $257,300
  • Assessed Improvements Value: $401,000

    Sales

  • Current Sale Contract Date: Mar 23, 2001
  • Current Sale Recording Date: Mar 29, 2001
  • Current Sale Transaction ID: 1011180560
  • Current Sale Price: $308,300
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 200103290664

    Last Sale Mortgage

  • First Mortgage Lender: FLEET NTL BANK
  • First Mortgage Transaction Date: Mar 29, 2001
  • First Mortgage Loan Amount: $207,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Apr 01, 2031

About University Place



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Unit for rent at 5220 S Tacoma Way, Tacoma, WA, 98409

$2,695 /mo

  • Studio
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5220 S Tacoma Way, Tacoma, WA, 98409 Listing by Diana Lopez

Frequently Asked Questions

What neighborhood is 5911 54th Street West located in?
The 5911 54th Street West is a located in the neighborhood of University Place in University Place, University Place.
What is the average sales price for listings in 5911 54th Street West?
The average sales price for units in 5911 54th Street West is $0 currently.

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