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8005 31st Street West

8005 31st Street West, Tacoma, WA 98466
Property in University Place
Sold Jun 01, 2021
$499,000
$456,000 by Academy Mortgage Corp
Mortgage Due Jul 04, 2051
Sold Jan 04, 2019
$66,533
8005 31st Street West has been categorized by the local assessors in Tacoma, WA as a residential type of property. The building on the property was first built in 1942 and is 82 years old. However, we must point out that the home was most recently renovated and altered in 2005. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 8005 31st Street West has 1,550 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,222 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bi-level 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. 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 D 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. 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, 8005 31st Street West was last sold in May 26, 2021 for $499,000. According to our calculations, that's $1,108.89 per sqft. Prior to that sales transaction, the property was sold for $66,533 in Nov 20, 2018. Current property owners are expected to pay $5,871 in taxes per year. The property on 8005 31st Street West was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $520,000. To break that down further, the land itself was valued at $294,500. While improvements to the property were assessed at a total of $225,500. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1942
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • 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 Type: Unspecified basement
  • Basement Area: 450
  • Parking Space Count: 0
  • Porch Type: Porch
  • Location Influence Type: Average view

    Dimensions

  • Lot Size Square Feet: 6,222
  • Total Building Area: 450
  • Gross Building Area: 450
  • Building Area: 1,550
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,550
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: UNIVERSITY PLACE 2ND DIV
  • Land Acres: 0.143
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 10 TOWNSHIP 20 RANGE 02 QUARTER 32 UNIVERSITY PLACE 2ND DIV PARCEL A OF DBLR 2001-08-20-5001 DESC AS W 52.69 FT OF L 19 TO 22 INCL B 130 TOG/W THAT POR VAC 16TH ST & VAC ALLEY ABUTT VAC BY RES 2141 ALSO TOG/W POR VAC W 31ST ST (FOSS AVE) ABUT

Ownership

  • Current Owner : GROSHONG SUSANNE M
  • Current Owner 2: PETOSKEY MATTHEW
  • Previous Owner : LANE TREVINO JOSHUA CARLO
  • Previous Owner 2: LANE TREVINO JENNIFER
  • Owner Before Previous Owner: LANE ROSEANN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: University Place School District
  • Census Tract: 072310

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 802-G1
  • Parcel: 918020-0-931
  • Block: 130
  • Lot: 19-22
  • Meridian: SEC 10 TWN 20 RNG 02
  • Municipality: UNIVERSITY PLACE
  • Latitude: 47.2319
  • Longitude: -122.545

    Address

  • Full Address: 8005 31st St W
  • Address - House Number: 8005
  • Street Segment Direction: W
  • Address - Street Name: 31st
  • Address - Suffix Type: St
  • State: WA
  • City Name: University Place
  • Carrier Code: C032
  • 4-Digit Zip Code: 3305
  • Zip Code: 98466

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,871
  • Tax Rate Code Area: 752

    Appraisal Valuation

  • Standard Deviation: 0.141
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 83
  • Final Value: 546,856
  • High Value: 623,982
  • Low Value: 469,730

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $456,000
  • First Open Lien Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jun 01, 2021
  • First Open Lien Mortgage Loan Amount: $456,000
  • 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: Jul 04, 2051

    Market Valuation

  • Market Total Value: $520,000
  • Market Land Value: $294,500
  • Market Improvement Value: $225,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $520,000
  • Assessed Land Value: $294,500
  • Assessed Improvements Value: $225,500

    Sales

  • Current Sale Contract Date: May 26, 2021
  • Current Sale Recording Date: Jun 01, 2021
  • Current Sale Transaction ID: 11836943764
  • Current Sale Price: $499,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202106010541
  • Previous Sale Recording Date: Jan 04, 2019
  • Previous Sale Contract Date: Nov 20, 2018
  • Previous Sale Amount: $66,533
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Mortgage Transaction Date: Jun 01, 2021
  • First Mortgage Loan Amount: $456,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 04, 2051

About University Place



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Frequently Asked Questions

What neighborhood is 8005 31st Street West located in?
The 8005 31st Street West is a located in the neighborhood of University Place in University Place, Tacoma.
What is the average sales price for listings in 8005 31st Street West?
The average sales price for units in 8005 31st Street West is $0 currently.

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