NOT LISTED FOR SALE

Estimated Value: $167,000 - $430,000

0.57 Acre
$562,602 Price per Acre
24,725 Sq Ft Lot

Last Sold January 05, 2023

Last sale price $202,500

Est. 58% increase in value since last sale

Current estimated payment $1,852/month

77 Days on Market

Highlights

  • 0.57 Acre Lot
  • Secluded Lot
  • No HOA
  • Discovery Elementary School Rated A-
  • Territorial View
  • Cul-De-Sac

About This Lot

As of January 2023

This property offers a rarely found tranquility in a world of mega-PUD's! Your current neighbors are bucks, fawns, and a variety of wildlife. The seller has two additional adjacent lots adding 25k square feet or more (an elusive find in the harbor). Each lot is zoned R2 City of Gig Harbor which allows for single family or duplex construction. This is a fantastic opportunity to create a high-end micro community. Property will require well and septic; electricity is accessible. The price is favorable for the discerning buyer and the seller, an experienced developer, is willing to help you with the logistics. Gorgeous and peaceful lot that abuts a future premium PUD to the east.

Last Agent to Sell the Property

Keith Mason

Better Properties UP/Fircrest License #12613 Listed on: 07/21/2022

Better Properties UP/Fircrest

Co-Listed By

Chase Rounds

Better Properties UP/Fircrest License #21024761

Last Buyer's Agent

Keith Mason

Better Properties UP/Fircrest License #12613 Listed on: 07/21/2022

Better Properties UP/Fircrest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1971978

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $733

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 137x184
  • Cul-De-Sac
  • Street terminates at a dead end
  • Secluded Lot
  • Level Lot
  • Zoning described as R2

Property Views

  • Territorial Views

Schools

  • Discvy Elementary School
  • Harbor Ridge Mid Middle School
  • Peninsula High School

Utilities

  • Well Required
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Gig Harbor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0221062096

Property Details

Property Type

Land

Est. Annual Taxes

$733

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Brush,Corners Flagged,Lightly Treed,Partially Cleared
  • Restrictions: See Remarks,Unknown
  • Improvements: Fenced-Partially
  • AssessmentFees: See Remarks
  • LevelComment: Gradually sloped
  • Special Features: None
  • Cumulative Days on Market: 1,015

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Territorial
  • Lot Features: Cul-De-Sac, Dead End Street, Secluded
  • Road Surface Type: Gravel
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Access Easement,Dirt,Gravel,Privately Maintained
  • RoadOnWhichSide: North
  • Easements: Road access
  • WaterfrontFootage: 0

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Not Available
  • Water Source: Available, See Remarks, Well Needed, Well Site Approved
  • Electricity On Property: No
  • Utilities: Electricity Available
  • ElectricityStatus: In Street
  • GasStatus: Not Available
  • SepticDesignApplied: false
  • SepticDesignInstalled: false

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Peninsula
  • High School: Peninsula High
  • Middle Or Junior School: Harbor Ridge Mid

Lot Info

  • Parcel Number: 0221062096
  • Topography: Level,Sloped
  • Lot Size Acres: 0.5676
  • Lot Size: 137x184
  • Lot Size Sq Ft: 24723
  • Zoning Description: R2
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Residential
  • SoilFeasibilityTest: false
  • SlopeComment: West

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 733

MLS Schools

  • Elementary School: Discvy Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Jan 3, 2023
Sold by
Renzol General Contractors Llc
Bought by
Finn Laurence J
Seller's Agent
Keith Mason
Better Properties UP/Fircrest
Buyer's Agent
Keith Mason
Better Properties UP/Fircrest
List Price
$165,000
Sold Price
$202,500
Premium/Discount to List
$37,500
22.73%
Views
48
Current Estimated Value
$319,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,833
Avg. Annual Appreciation
18.11%
Original Mortgage
$120,000
Outstanding Balance
$116,528
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$199,805
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Finn Laurence J -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finn Laurence J $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2023 01/05/23 Sold $202,500 +22.7% --
10/06/2022 10/06/22 Pending -- -- --
09/22/2022 09/22/22 For Sale $165,000 0.0% --
08/18/2022 08/18/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $165,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,494 $205,200 $205,200 --
2024 $1,494 $185,900 $185,900 --
2023 $1,494 $175,100 $175,100 $0
2022 $733 $99,600 $99,600 $0
2021 $663 $67,100 $67,100 $0
2019 $434 $48,300 $48,300 $0
2018 $348 $45,200 $45,200 $0
2017 $348 $38,200 $38,200 $0
2016 $512 $31,100 $31,100 $0
2014 $577 $46,800 $46,800 $0
2013 $577 $46,700 $46,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1971978

Northwest Multiple Listing Service (NWMLS)

APN: 022106-2096