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← Back to search results/University Place, WA/7117 40th Street W #5
1 / 311 HOUR ON MARKET
Listed by Candice Frazier • Best Choice Realty LLC.Some photos are virtually staged
FOR SALE

$425,000

Est. $2,354/mo

2 bd•1.75 ba•1,205 sq ft

7117 40th Street W #5, University Place, WA 98466

• Listed Oct 20, 2026•New today

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★★★★★5.0·1,244 Google reviews

Listing Broker: Best Choice Realty LLC; Candice Frazier; 253-222-9923; candice@bestchoicerealtywa.com

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Listing Broker: Best Choice Realty LLC; Candice Frazier; 253-222-9923; candice@bestchoicerealtywa.com

About this home

Location, location, location! Tucked away in secluded Hiddenwood West, just one block from University Place City Center, this private end-unit condo offers low-maintenance, one-level living with room for your ideas! An inviting open layout connects the spacious living room, dining area, and kitchen, while access to two decks makes outdoor dining, morning coffee, and relaxing a breeze. Fresh interior paint and new carpet create a welcoming canvas,move in and make it your own! The primary bedroom features a separate vanity area, walk-in closet, and access to a continental bath. A second bedroom off the entry offers flexibility for guests, a den, or an office. A laundry room, additional ¾ bath, and attached two-car garage add everyday convenience. Need space for hobbies or projects? The unfinished basement includes plumbing and a sink, offering storage, workshop space, and potential for future finished living space, buyer to verify. A newer furnace and heat pump provide year-round comfort. Community amenities include a clubhouse, RV parking, sport court, and additional nearby parking. Close to Chambers Bay! Appraised at $473,000 in April 2026, discover the possibilities!

Property type
Condo
Year built
1978
Interior
1,205 sq ft
Lot size
Not listed
Parking
2-car garage
Price / sq ft
$353
HeatingForced Air, Heat Pump
CoolingForced Air, Heat Pump
Property taxes$5,691.69/yr (est.)
HOA dues$469/mo
School districtUniversity Place

Listed by Candice Frazier • Best Choice Realty LLC

Listing updated: October 20, 2026 at 01:57pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2596383

Around this home

RexMont OfferEdge™

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7117 40th Street W #5, University Place, WA 98466

List price
$425,000
Down payment
$85,000

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.

Property details

Interior features

  • Cooking-Electric
  • Dryer-Electric
  • End Unit
  • Fireplace
  • Ground Floor
  • Insulated Windows
  • Washer
  • Water Heater
  • Fireplace (see remarks)

Kitchen

  • Dishwasher
  • Disposal
  • Dryer
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 2 bedrooms total
  • 2 on the main level

Bathrooms

  • 1 full bathroom
  • 1 three-quarter bathroom (shower, no tub)
  • 1.75 bathrooms total (NWMLS count)
  • 2 on the main level

Layout

  • Condo (1 Level)

Laundry

  • Electric Dryer Hookup laundry
  • Washer Hookup laundry

Flooring

  • Ceramic Tile
  • Vinyl Plank
  • Carpet

Heating & cooling

  • Forced Air heating
  • Heat Pump heating
  • Forced Air cooling
  • Heat Pump cooling

Schools

Ratings via SchoolDigger

University Place School District

  • Evergreen Primary
    Public · Grades Elementary
    —
  • Narrows View Interme
    Public · Grades Middle
    —
  • Curtis Snr High
    Public · Grades High
    —

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.

Condominium facts

As entered by the listing broker on Northwest MLS

Building & HOA

Building
Hidden
Floor of unit
1
Units in building
2
Stories in building
1
FHA-approved project
Yes
Co-op
No
Common interest community
Yes
HOA dues
$469
Dues frequency
Monthly
Dues include
Common Area Maintenance, Earthquake Insurance, Road Maintenance
Special assessment
false
Association contact
Diamond Community Management
First right of refusal
No

Rules

Rental cap
No Rentals
Pets
Cats OK, Dogs OK, Subject to Restrictions
55+ community
No

Unit

Unit features
Balcony/Deck/Patio,End Unit,Ground Floor,Insulated Windows
Access stairs
1
Laundry
Electric Dryer Hookup, Washer Hookup

Systems

Energy source
Electric,Propane
Power production
Electric, Propane
Water heater
Electric
Power company
TPU
Water company
TPU
Sewer company
Pierce County Sewer
Irrigation water rights
No
Cable connected
Xfinity

Green & certifications

Energy-efficient features
Insulated Windows

Rooms & extras

Bathtubs
1
Showers
2
Fireplaces on main
1

New construction

Square footage source
Public Records
Effective year built source
Public Records

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

Members

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Sales & Tax Records for 7117 40th Street W #5

NWMLS via MLS Grid · Pierce County Assessor

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Oct 20, 2026
    Listed
    NWMLS via MLS Grid · #2596383
    $425,000
    $353/sq ft
  2. Jun 13, 2001
    Sold
    NWMLS via MLS Grid · #21060286
    $141,500
    $117/sq ft
  3. May 17, 2001
    Pending
    NWMLS via MLS Grid · #21060286
    $143,500
    $119/sq ft
  4. May 4, 2001
    Listed
    NWMLS via MLS Grid · #21060286
    $143,500
    $119/sq ft

Down payment assistance

6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$3,403 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: Best Choice Realty LLC; Candice Frazier; 253-222-9923; candice@bestchoicerealtywa.com

Market pulse

University Place is a seller's market.

Inventory is low and competition is high. Sellers have more negotiating power.

Buyer's marketSeller's market
  • Offer insight: Well-priced homes draw multiple offers; others sell close to asking.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 49 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $575,000 Sold

    2 weeks ago

    3 bd•1.75 ba•Condo

    6910 38th Street Ct W, University Place, WA 98466

    12%

    Under list

    321

    Days on market

    0.2 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market data from MLS GRID / NWMLS · Updated Oct 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 20, 2026 at 3:40 PM PT (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.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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© 2026 Northwest Multiple Listing Service. All rights reserved.

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