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Updated 5 Bedroom University Place Home
4501 68th Ave W, University Place
The Essentials:
2,228 Sq. Ft.
9,372 Sq. Ft. Lot
5 Bedrooms / 2.25 Bathrooms
1 Car Attached Garage
Offered for $339,950
Click here to view the listing
Nestled in highly desirable University Place this 5 bedroom, 2.25 bathroom spacious rambler with a daylight walk out basement has been lovingly cared for by the same owners for the past 10 years. Gleaming hardwood floors are found throughout most of the main floor.
The comfortable combined living and dining rooms are wonderful for entertaining and the wood burning fireplace will keep you cozy. Peer out the dining room window and overlook the landscaped, fully fenced backyard.
The kitchen was updated in 2013 with solid surface counters, new hardwood cabinets, glass tile backsplash, and stainless steel appliances that stay with the home!
Enjoy looking out over the fully landscaped backyard while preparing meals, the deck is a great spot to dine alfresco and is easily accessed from the kitchen. If you're dining out there are plenty of options such as Moctezuma's Mexican Resturant and Tequila Bar. Forza Coffee is less than a mile away and is a great spot for fresh brewed espresso drinks and a light lunch.
The mutilevel deck is wonderful for enjoying the fabulous summers the Pacific Northwest is know for. The fully landscaped, terraced lawn has plenty of room to play and the many windows make keeping an eye on backyard activities easy.
Downstairs, in the daylight walkout basement, you'll find a spacious rec room with a wood burning fireplace. There are also two additional bedrooms, a 3/4 bathroom with washer / dryer hookups, and French doors leading to the backyard and multilevel deck.
Another view of the backyard. Cirque Bridgeport Park is less than a mile away and has a skate park, sports fields, and jungle gym. Evergreen Primary School and Narrows View Intermidate School are both less than a mile away! Both schools are within the sought after University Place School District. If you're seeking the salt air head South on Bridgeport until you reach Chambers Lane W which takes you to Chambers Bay Golf Course, the location of the 2015 U.S. Open. You don't have to golf to enjoy the fabulous Puget Sound views, Chambers Creek Regional Park is a 930 acre site that includes over 2 miles of saltwater shoreline, and several different walking / biking trails as well as an off leash dog park.
Ready to make this home yours?
Custom North Tacoma New Construction 4 Bedroom Home
2215 N Orchard St, Tacoma
The Essentials:
2,951 Sq. Ft.
6,645 Sq. Ft. Lot
New Construction
4 Bedrooms / 2.5 Bathrooms + Den
3 Car Attached Garage
Offered for $449,500
Click here to view the listing
Brand new custom craftsman style home in North Tacoma. Enter into the light and bright foyer with gleaming high quality hardwood floors. The den / office is immediately to the left through the French doors and would also make an excellent playroom, or guest bedroom.
The spacious den / office also has a closet and could be used as an additional bedroom.
Continue into the heart of the home, the open concept kitchen, dining, great room. This gorgeous kitchen will please even the most discerning eye with high quality custom hardwood cabinets, slab granite counters, tile backsplash, and stainless steel appliances that stay with the home. If you feel like taking a night off as chef there are countless dining options in the Proctor District and Joseppi's Italian Restaurant is less than a mile away!
Casual Northwest great room layout is unpretentious and perfect for entertaining. The gas fireplace sets the mood with the flip of a switch. Soft ambient natural light from the large wood wrapped windows. Gleaming hardwood floors continue throughout the main floor.
The dining room is spacious and open to the kitchen and great room. Keep on eye on the main floor activities while preparing meals. Easy access to the deck makes BBQs and outdoor entertaining a breeze. The walk in pantry is ready to be filled with goodies from the Proctor Farmer's Market and there is extra storage under the staircase.
Upstairs through the French doors you will find a handsome and spacious master suite with an attached five piece bathroom and a walk in closet.
Spa like master bathroom boasts dual vanities, a walk in travertine tile shower with a frameless glass surround, a large soaking tub, and a separate commode.
Large walk in closet with built ins off the master bathroom.
The laundry room is also located on the second floor and has ample storage and a utility sink with a granite counter for easy clean up! All four bedrooms are on the second floor.
Rear view of the home and deck. Landscaping is completed and there is plenty of room to play on the lush grass in the fully fenced backyard! The location is prime with the recently renovated Kandle Park and Kandle Pool within walking distance! Nestled in the center of North Tacoma the options are endless. Drive North on Pearl Street and you're only a few minutes from Point Defiance Park where you can dine on delicious seafood at Anthony's, run, walk, or bike the 5 mile Drive, rent a kayak on Owen Beach and explore commencement bay, or hope a ferry to Vashon Island. You're also minutes from the University of Puget Sound where you can stroll the landscaped campus, visit the Kittredge Art Gallery, or take in a football game.
October 2014 Pierce County Housing Report
It's that time again to check in on the Pierce County Housing Market. This month we have another neutral month based on the year over year stats I always lead off with, but I also found a few goblins we may want to keep an eye on. Here are the headline numbers as measured on September 30:
Inventory – UP 6.5%
Closings – UP 9.1%
Median Price – UP 1.4%
New Pending Contracts – 31.7%
These are Year Over Year Numbers and they look pretty good. Inventory is UP, we like that, the market needs more houses to sell as we still have less than 4 months supply based on closed sales. Median Price is UP only slightly but that's not a surprise, we talked last month about price increases slowing. Pending contracts are UP so much that it is a great indication we are in store for a strong sales flow during the 4th quarter as we wrap up 2014! While I prefer the pumpkin is "half full" viewpoint, I have to say the market hasn't "felt" like these numbers. When talking with other brokers recently, I've noticed some chatter about a slower market; so I dug a little deeper.
Month Over Month transaction volumes are much different with Pierce County DOWN 13.4%. Turns out this August vs September drop in closed sales is normal, at least compared to 2013 when the same thing happened. However in arriving at this conclusion I viewed the volumes by price range and saw a couple of items you may find interesting. In the chart above you can see the very important $250,000 – $500,000 price range things really took a break with volume dropping 20%. These are the homes that buyers are "moving up to" and it is just this year we have been able to say the recovery took hold in this sector. This segment of the market represents over 35% of our Pierce County transaction volume. I don't know if it is widely understood that 95.7% of the Pierce County Market happens in this price sector….and below!
This shows that only 4.4% of all Pierce County transactions were over $500,000. In case you were wondering, listing inventory over $500,000 disproportionately makes up 13.3% of the total number of homes for sale. Pierce County Housing Market participants need to know, the "Work-Horse" price sector is under $250,000 with 41% of the inventory creating over 60% of the sales!
We have a healthy volume of Pending Sales so if history repeats itself the coming months should provide a nice increase as we wrap up 2014.
September's numbers are a fitting reminder that there's a limit to how robust our recovery can be characterized.
Month by month we are achieving normalization and as I've always said; "markets don't recover in a straight line" so there may be a bump in the road from time to time. Those that approach this market with realistic expectations based on detailed market analysis will find success.
Give me a call or shoot me an email, it is always good to hear from you!
