$490,000
Listed at $525,0003 bd•1.5 ba•1,495 sq ft
8511 31st Street W, University Place, WA 98466
• Listed 2025-05-15
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Based on information submitted to the MLS GRID as of September 29, 2025 at 04:05am (date and time MLS GRID Data was obtained). 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.
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Back on Market! Cozy single level 3 bed 2 bath home in the desirable University Place neighborhood. This property is a blank canvas waiting for someone to make it their own. Oversized back yard comes partially fenced w/ well-built detached garage & loft style storage above. Garage has attached carport that could potentially be enclosed for ADU potential? (Buyer to verify w/ City of UP). Interior of home comes w/ original hardwood floors, newer paint & room to grow. Unfinished basement can be used for storage, den or whatever your needs may be. With a little TLC this could be the perfect place to call home. Welcome Home!
Listed by Drew Helms • eXp Realty
Listing updated: September 29, 2025 at 04:05am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2376825
$537,000
+$47,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $485K and $760K.
Rental earnings
$1,600/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$490,000Last sold price
8511 31st Street W, University Place, WA 98466

$620,000Last sold price
3124 Carolyn Dr W, University Place, WA 98466
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
Neighborhood mobility
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University Place is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 13 days.
$990,000 Sold
3 weeks ago
5 bd•2.5 ba•~2,992 sq ft•Single Family
3157 Grandview Drive W, University Place, WA 98466
1%
Under list
—
Days on market
0.1 mi
Distance
$1,250,000 Sold
2 months ago
3 bd•1.5 ba•~2,766 sq ft•Single Family
3310 Tahoma Place W, University Place, WA 98466
6%
Under list
—
Days on market
0.4 mi
Distance
$490,000 Sold
2 months ago
2 bd•1 ba•~1,096 sq ft•Single Family
2520 Mtn View Avenue W, University Place, WA 98466
8%
Over list
—
Days on market
0.5 mi
Distance
$700,000 Sold
2 months ago
4 bd•2 ba•~1,558 sq ft•Single Family
3124 Oas Drive W, University Place, WA 98466
2%
Over list
—
Days on market
0.5 mi
Distance
$580,000 Sold
2 months ago
4 bd•1 ba•~1,960 sq ft•Single Family
7416 25th Street W, Tacoma, WA 98466
2%
Under list
—
Days on market
0.8 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
University Place School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.