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5816 54th St

University Place, WA 98467

2 bd 2 ba 1,928 sqft Built 2002 Lot 8,830 sqft condos
Most recent sale
$605,000
Apr 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2022 Sold $605,000 MLS #1904648
Mar 25, 2022 Listed $599,000 MLS #1904648
May 30, 2014 Sold $331,000 MLS #619787
Apr 14, 2014 Listed $329,950 MLS #619787
Jul 16, 2002 Sold $263,356 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $294,200 $272,300 $566,500 $6,768
2025 $294,200 $272,300 $566,500 $5,736
2024 $213,500 $288,900 $502,400 $6,031
2023 $209,600 $288,900 $498,500 $5,488
2022 $213,000 $226,900 $439,900 $5,516
2021 $216,900 $189,100 $406,000 $5,565
2020 $213,000 $169,400 $382,400 $5,550
2019 $198,400 $146,800 $345,200 $4,591
2018 $200,700 $122,000 $322,700 $5,145
2017 $175,600 $106,700 $282,300 $4,599
2016 $176,600 $92,300 $268,900 $4,575
2015 $158,100 $88,300 $246,400 $4,353
2014 $150,600 $80,200 $230,800 $4,195
2013 $169,400 $77,500 $246,900 $4,503
2012 $175,000 $84,700 $259,700 $4,290
2011 $178,000 $99,000 $277,000 $4,217
2010 $186,000 $114,800 $300,800 $3,900
2008 $195,000 $136,400 $331,400 $4,184
2007 $200,700 $140,700 $341,400 $4,329

Property facts

Year built
2002
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,928 sqft
Lot size
8,830 sqft
ZIP code
98467
City
University Place
Street
54th St
Coordinates
47.20786, -122.51459

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,434
Gross rental yield
8.79%
Implied cap rate
5.72%
Trend-extrapolated value

Frequently asked questions

When did 5816 54th St last sell?
5816 54th St most recently sold on Apr 15, 2022 for $605,000.
What is the current tax assessment for 5816 54th St?
The most recent total assessment for 5816 54th St (year 2026) is $566,500 with $6,768 in property tax.
How does 5816 54th St's assessment compare to its last sale price?
The current assessment is 6.4% below the last sale price of $605,000.
When was 5816 54th St built?
5816 54th St was built in 2002.
How does 5816 54th St compare to others on 54th St?
We track 8 other properties on 54th St. Browse the list under "Other properties on 54th St" to compare beds, baths, and sale history.
What are the property facts for 5816 54th St?
5816 54th St is a 2 bed, 2 bath, 1,928 sqft, 8,830 sqft lot condos.
Is 5816 54th St a flip candidate?
No — 5816 54th St does not appear in our flips dataset.
Is 5816 54th St a tax-appeal candidate?
No — 5816 54th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.3%
Implied 1-yr
+1.3%
2026 Q3
$717.8K
2026 Q4
$720.1K
ZIP 98467 — Median Price History + Forecast

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