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Single Family ResidenceResidential
$517,669$415 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $232,700 on Sep 23, 2005

5506 ACADEMY TERRACE DR W

UNIVERSITY PLACE, WA 98467
3
Beds
1.5
Baths
1,248 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.15 ac
Lot SizeThe size of the land the home sits on, from county records.
1971
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$518K
$497K low$539K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$232,700 · Sep 23, 2005

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,509 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$482,400 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$256,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$225,500
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$485,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$482,400

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyPIERCE
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1990
Lot (acres)The size of the land the home sits on, from county records.0.15
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Baseboard
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 288 ft²Porch · 528 ft²

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Drum Intermediate SchoolA-
Middle · Grades 5–7 · 0.6 mi
E
Sunset Elementary SchoolA-
Elementary · Grades PK–4 · 0.9 mi
H
Curtis Senior High SchoolA-
High · Grades 10–12 · 1.1 mi

District: University Place School District

Neighborhood · ZIP 98467These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.86
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.104
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.250

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.24%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.9.0%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.17,067
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,527 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$88,686
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$109,162
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.42 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.47%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

5506 Academy Terrace Dr W measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 90% of homes in University Place 98467
  • Costs more per square foot than 93% of homes in University Place 98467
  • Smaller than 93% of homes in University Place 98467
  • Has a smaller lot than 83% of homes in University Place
  • Older than 85% of homes in University Place 98467

What homes are worth in University Place 98467

Each bar is how many homes fall in that price range. The marker is this home.

This home
$356K$1.2M

This home is worth more than 10% of homes in University Place 98467.

How it measures up in University Place 98467

The dot is this home. The mark in the middle is the typical home in University Place 98467.

Estimated value$517,669
CheaperTypical $701,531Pricier

Pricier than 10% of homes nearby

Price per ft²$415
CheaperTypical $328Pricier

Pricier than 93% of homes nearby

Living area1,248 ft²
SmallerTypical 2,164 ft²Bigger

Bigger than 7% of homes nearby

Lot size0.15 ac
SmallerTypical 0.22 acBigger

Bigger than 18% of homes nearby

Year built1971
OlderTypical 1986Newer

Newer than 15% of homes nearby

How 5506 Academy Terrace Dr W ranks against every home in each area.
MeasureThis homeUniversity PlaceUniversity Place 98467Pierce County
Estimated valuepricier than$517,66914% of homes10% of homes37% of homes
Price per ft²pricier than$41586% of homes93% of homes85% of homes
Living areabigger than1,248 ft²11% of homes7% of homes20% of homes
Lot sizebigger than0.15 ac17% of homes18% of homes27% of homes
Year builtnewer than197140% of homes15% of homes32% of homes

About 5506 Academy Terrace Dr W

How much is 5506 Academy Terrace Dr W, University Place, WA worth?

The TopHap Estimate for 5506 Academy Terrace Dr W, University Place, WA is $517,669 as of Sep 24, 2026. The likely range is $496,669 to $538,669. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5506 Academy Terrace Dr W, University Place, WA last sell?

5506 Academy Terrace Dr W, University Place, WA last sold on Sep 23, 2005 for $232,700, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 5506 Academy Terrace Dr W, University Place, WA?

5506 Academy Terrace Dr W, University Place, WA has 3 bedrooms, 1.5 bathrooms, 1,248 square feet of living space and a 0.15-acre lot.

When was 5506 Academy Terrace Dr W, University Place, WA built?

5506 Academy Terrace Dr W, University Place, WA was built in 1971, making it 55 years old. The building has 1 story.

What schools serve 5506 Academy Terrace Dr W, University Place, WA?

5506 Academy Terrace Dr W, University Place, WA is assigned to Drum Intermediate School (middle), rated A-; Sunset Elementary School (elementary), rated A-; Curtis Senior High School (high), rated A-. All sit in University Place School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5506 Academy Terrace Dr W, University Place, WA compare to other homes in University Place 98467?

Among the 4,379 homes in University Place 98467, it is worth more than 10% of them ($517,669 against a typical $701,531), its price per square foot is higher than 93% of them ($415 against a typical $328), it is bigger than 7% of them (1,248 ft² against a typical 2,164 ft²), its lot is bigger than 18% of them (0.15 ac against a typical 0.22 ac) and it is newer than 15% of them (1971 against a typical 1986). Measured against all of Pierce County, it is worth more than 37% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 5506 Academy Terrace Dr W, University Place, WA?

The 2025 property tax bill for 5506 Academy Terrace Dr W, University Place, WA was $5,509. The county assessed it at $482,400.

More homes on Academy Terrace Dr W

Closest homes

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Assigned schools

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