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Single Family ResidenceResidential
$486,369$498 / 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 Aug 30, 2026
Last sold for $300,000 on Apr 21, 2020

7023 40TH ST W

UNIVERSITY PLACE, WA 98466
3
Beds
1
Baths
976 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.
0.57 ac
Lot SizeThe size of the land the home sits on, from county records.
1943
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$486K
$465K low$508K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$300,000 · Apr 21, 2020

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,194 (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.$449,700 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$338,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$110,800
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$450,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$449,700

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.1976
Lot (acres)The size of the land the home sits on, from county records.0.57
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.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Central
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.Deck · 96 ft²Patio · 96 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.

E
Evergreen Elementary SchoolA
Elementary · Grades KG–4 · 0.2 mi
M
Narrows View Intermediate SchoolA+
Middle · Grades 5–7 · 0.6 mi
H
Curtis Senior High SchoolA+
High · Grades 10–12 · 0.9 mi

District: University Place School District

Neighborhood · ZIP 98466These 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.95
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.111
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.256

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.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.26%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.2%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.31,420
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,452 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$90,321
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$118,204
Average tempThe average temperature here across a full year.51°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

7023 40th St 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 82% of homes in University Place
  • Costs more per square foot than 98% of homes in University Place
  • Smaller than 96% of homes in University Place
  • Has a bigger lot than 97% of homes in Tacoma 98466
  • Older than 96% of homes in University Place

What homes are worth in Tacoma 98466

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

This home
$223K$1.2M

This home is worth more than 21% of homes in Tacoma 98466.

How it measures up in Tacoma 98466

The dot is this home. The mark in the middle is the typical home in Tacoma 98466.

Estimated value$486,369
CheaperTypical $624,900Pricier

Pricier than 21% of homes nearby

Price per ft²$498
CheaperTypical $324Pricier

Pricier than 97% of homes nearby

Living area976 ft²
SmallerTypical 1,964 ft²Bigger

Bigger than 6% of homes nearby

Lot size0.57 ac
SmallerTypical 0.23 acBigger

Bigger than 97% of homes nearby

Year built1943
OlderTypical 1965Newer

Newer than 8% of homes nearby

How 7023 40th St W ranks against every home in each area.
MeasureThis homeUniversity PlaceTacoma 98466Pierce County
Estimated valuepricier than$486,36918% of homes21% of homes35% of homes
Price per ft²pricier than$49898% of homes97% of homes96% of homes
Living areabigger than976 ft²4% of homes6% of homes9% of homes
Lot sizebigger than0.57 ac96% of homes97% of homes79% of homes
Year builtnewer than19434% of homes8% of homes14% of homes

About 7023 40th St W

How much is 7023 40th St W, University Place, WA worth?

The TopHap Estimate for 7023 40th St W, University Place, WA is $486,369 as of Aug 30, 2026. The likely range is $465,027 to $507,711. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 7023 40th St W, University Place, WA last sell?

7023 40th St W, University Place, WA last sold on Apr 21, 2020 for $300,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 7023 40th St W, University Place, WA?

7023 40th St W, University Place, WA has 3 bedrooms, 1 bathrooms, 976 square feet of living space and a 0.57-acre lot.

When was 7023 40th St W, University Place, WA built?

7023 40th St W, University Place, WA was built in 1943, making it 83 years old. The building has 1 story.

What schools serve 7023 40th St W, University Place, WA?

7023 40th St W, University Place, WA is assigned to Evergreen Elementary School (elementary), rated A; Narrows View Intermediate School (middle), 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 7023 40th St W, University Place, WA compare to other homes in Tacoma 98466?

Among the 7,997 homes in Tacoma 98466, it is worth more than 21% of them ($486,369 against a typical $624,900), its price per square foot is higher than 97% of them ($498 against a typical $324), it is bigger than 6% of them (976 ft² against a typical 1,964 ft²), its lot is bigger than 97% of them (0.57 ac against a typical 0.23 ac) and it is newer than 8% of them (1943 against a typical 1965). Measured against all of Pierce County, it is worth more than 35% 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 7023 40th St W, University Place, WA?

The 2025 property tax bill for 7023 40th St W, University Place, WA was $5,194. The county assessed it at $449,700.

More homes on 40th St W

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Assigned schools

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