Sold383d on market

8506 48th Street Ct W

University Place, WA, 98467 • 98467 • Pierce County

$543,000

$348/sqft

2Beds

2Baths

1,560Sqft

0.25 acLot

1968Built

Property DNA

5 highlights

Territorial Views

Territorial

University Place

98467

Outdoor Living

Bath Off Primary · Ceiling Fan(s) · Double Pane/Storm Window · Dining Room · Fireplace · Water Heater

1 Fireplace

Wood Burning · Main Level: 1 · Fireplace

2-Car Garage

Attached Garage

This home is in high demand

Listed 383 days ago · 5 views · Top 1% likely to sell soon

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Market activity

Demand and pricing signals for this listing

5 views

People checking out this listing

383 days on market

Established listing

$348/sqft

Price per square foot

Selling Soon Prediction

Very High

This home ranks in the top 1% of listings most likely to go under contract soon, based on market activity and demand signals.

Likelihood score

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About this home

Single Family · Built 1968

1-story living, just up from Chamber's Bay! 2 bedrooms + private bonus room with 3/4 bath (or non-conforming 3rd bed suite)! Untouched architectural features many would pay to replicate. Cozy transitional exposed beam ceilings, flanked with built-ins, floor to ceiling flagstone hearth & vintage mirror tiles. Up-to-date on proactive maintenance such as 30yr roof (2015), HVAC servicing, newer water heater, heat pump, & exterior paint. Stylish & durable LVP flooring throughout the home. One of the few remaining streets in University Place with option to tie-in to sewer or stay on cost effective septic. Low maintenance landscaping & fenced backyard. Don't miss this awesome opportunity to make this house a home in the UP School District!

Standout features identified

Our analysis highlights exposed beam ceilings, vintage mirror tiles, and architectural features as key attractions of this home.

Estimated monthly payment

Based on current rates

$3,380/month

Principal & Interest$2,656

Property Tax$543

Insurance$181

Down payment20% ($108,600)

3%50%

Est. 6.18% rate · 30yr fixed · $434,400 loan

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At a glance

Key facts and listing details

TypeSingle Family Residence

Year Built1968

HeatingFireplace, Forced Air, Heat Pump, Wall Unit(s), Electric

CoolingForced Air, Heat Pump

Parking2 Attached Garage spaces

Lot0.25 Acres

Offer Review Date2025-02-18

Property

Home typeSingle Family

Sub-typeSingle Family Residence

ConditionGood

Year built1968

Stories1

Systems

HeatingFireplace, Forced Air, Heat Pump, Wall Unit(s), Electric

CoolingForced Air, Heat Pump

RoofComposition

ConstructionWood Siding

Water / SewerPublic, Company: Tacoma Public Utilities / Septic Tank, Company: Septic

Parking & Outdoor

ParkingAttached Garage

Garage2 spaces

BasementNone

Fireplaces1

Lot0.25 Acres

Location & Tax

Neighborhood98467

ZoningR1

Annual tax$1,219

Parcel6724000080

Bathrooms & Fees

Full baths1

Features & details

13 categories of property features

Interior Features

Interior

Bath Off Primary

Ceiling Fan(s)

Dining Room

Appliances

Microwave(s)

Refrigerator(s)

Stove(s)/Range(s)

Water Heater: Electric

Water Heater Location: Garage

Flooring

Vinyl Plank

Heating

Fireplace

Forced Air

Heat Pump

Wall Unit(s)

Electric

Cooling

Forced Air

Heat Pump

Fireplace

Wood Burning

Main Level: 1

Fireplace

Windows

Double Pane/Storm Window

Exterior Features

Parking

Attached Garage

Construction

Wood Siding

Patio & Porch

Bath Off Primary

Ceiling Fan(s)

Double Pane/Storm Window

Dining Room

Fireplace

Water Heater

Lot Features

Cul-De-Sac

Curbs

Dead End Street

Paved

Cable TV

Deck

Dog Run

Fenced-Partially

High Speed Internet

Views

Territorial

Utilities

Xfinity

Room details

11 rooms detailed

Master Bedroom

Main

Bedroom

Main

Bathroom Full

Main

Bathroom Three Quarter

Main

Other

Bonus Room

Main

Listing insights

Market data and value estimates

StatusSold

Days on market383

Est. value$530,700

Est. rent$2,712/mo

Tax rate0.88%

Price/sqft$348

On marketApr 14, 2025

PostedFeb 13, 2025

Last sold$543,000

MLS statusSold

MLS updatedApr 20, 2025

Tour days6

How are the schools in University Place?

3 schools rated nearby

Chambers Elementary School

Elementary • Public • K-4

0.4 mi

Drum Intermediate School

Elementary • Public • 5-7

0.5 mi

Curtis Senior High School

High • Public • 10-12

0.7 mi

Location

University Place, WA, 98467

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Price history

3 events

DateEventPrice$/sqftSource

Mar 20, 2025Sold$543,000$348NWMLS as distributed by MLS GRID

Feb 19, 2025Pending Sale$499,995$321NWMLS as distributed by MLS GRID

Feb 13, 2025Listed For Sale$499,995$321NWMLS as distributed by MLS GRID

Sold$543,000

Mar 20, 2025•$348/sqft•NWMLS as distributed by MLS GRID

Pending Sale$499,995

Feb 19, 2025•$321/sqft•NWMLS as distributed by MLS GRID

Listed For Sale$499,995

Feb 13, 2025•$321/sqft•NWMLS as distributed by MLS GRID

Tax history

13 years of records

YearTax paidAssessed value

Apr 8, 2024$1,155$212,360

Apr 8, 2023$6,325$530,900

Apr 8, 2022$3,616$365,250

Apr 8, 2021$3,393$311,400

Apr 8, 2019$2,742$354,100

Apr 8, 2018—$340,000

Apr 8, 2017$4,170$298,400

Apr 8, 2016$3,943$245,100

Apr 8, 2014$3,943$225,100

Apr 8, 2013$3,180$204,900

Apr 8, 2012—$172,400

Apr 8, 2011—$193,900

Apr 8, 2010—$205,400

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Neighborhood details

Local context around this listing

University Place, WA • Pierce County

Nearby cities

Bonney LakeEnumclawGig HarborGrahamLakewoodParklandPuyallupSpanaway

Nearby zip codes

984649846698467

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Value estimates

Live

Est. value$530,700

Est. rent$2,712/mo

30yr rate est.6.18%

Affordability$3,220/mo

Accepted financing

ConventionalFHAVA Loan

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Based on information submitted to the MLS GRID as of 2026-04-07 18:28:54 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)

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