NOT LISTED FOR SALE

11114 116th Avenue Ct NW Gig Harbor, WA 98329

Estimated Value: $4,101,000 - $5,268,000

7 Beds
6 Baths
8,159 Sq Ft
$578/Sq Ft Est. Value

Last Sold December 01, 2017

Last sale price $2,662,500 $326 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $27,918/month

304 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Fruit Trees
  • Ocean View
  • Spa
  • Deck

About This Home

As of December 2017

467 feet of uninterrupted low bank & no bank waterfront in Gig Harbor! Privately gated on almost 4 acres, with an orchard, mature grape vines, dock, tideland rights, boat launch & full guest house, this home is the ultimate waterfront retreat. 8,129 square feet with a French Chateau feel, 6 bedrooms, 2 story living room, main floor master suite w/ spa-like master bath & floating water views, huge kitchen with sub zero refrigerator, full bar & billiards room. Endless amenities & endless views!

Last Agent to Sell the Property

Rich Watson

COMPASS License #27361 Listed on: 11/20/2016

COMPASS

Co-Listed By

Megan Zamberlin

COMPASS License #118188

Last Buyer's Agent

Dennis Paige

Realogics Sotheby's Int'l Rlty License #9902

Realogics Sotheby's Int'l Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1054233

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,090

Year Built

  • Built in 1991

Lot Details

  • Low Bank Waterfront Property
  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Garden

Parking

  • Garage

Property Views

  • Ocean
  • Views of a Sound
  • Bay
  • Jetty Views
  • Mountain

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Tile Roof

Interior Spaces

  • 3 Fireplaces

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Tideland Water Rights
  • Bulkhead
  • Docks
  • Deck
  • Patio

Utilities

  • Shared Well
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Gig Harbor Community

Listing and Financial Details

  • Assessor Parcel Number 0122287015

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,090

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, Wet Bar, 2nd Master Br, Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, High Tech Cabling, Hot Tub/Spa, Jetted Tub, Skylights, Solarium/Atrium, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 6
  • Bedrooms: 7.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 5.50
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 5
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 3
  • Fireplaces Main: 3
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Upper
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 8159
  • Square Footage Finished: 8159

Exterior Features

  • Exterior: Brick
  • Foundation: Poured Concrete
  • Roof: Tile
  • View: Bay, Jetty, Mountain, Ocean, Sound
  • Waterfront: Bank-Low, Bulkhead, No Bank, Sound, Tideland Rights

Garage/Parking

  • Parking Type: Garage-Attached, Garage-Detached
  • Total Covered Parking: 5

Utilities

  • Heating And Cooling: Baseboard, Central A/C, Heat Pump
  • Septic Approved for Number of Bedrooms: 6
  • Sewer: Septic
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Name: Gig Harbor

Schools

  • School District: PEN

Lot Info

  • Lot Details: Dead End Street, Secluded
  • Lot Sq Ft: 142267
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level
  • Parcel Number: 0122287015
  • Zoning Jurisdiction: County
  • Lot Topography: Fruit Trees, Garden Space, Level

Tax Info

  • Tax Amount: 18116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2016
Closed on
Nov 2, 2017
Sold by
Jamison George D and Jamison Paula J
Bought by
Shinn Steven C and Shinn Zora S
Seller's Agent
Rich Watson
COMPASS
Buyer's Agent
Dennis Paige
Realogics Sotheby's Int'l Rlty
List Price
$2,975,000
Sold Price
$2,662,500
Premium/Discount to List
-$312,500
-10.5%
Current Estimated Value
$4,702,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,039,507
Avg. Annual Appreciation
6.95%
Original Mortgage
$2,000,000
Outstanding Balance
$1,627,416
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,839,771

Purchase Details

Closed on
Jun 3, 1998
Sold by
Holmquist Albert R
Bought by
Jamison George D and Jamison Paula J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
7.17%

Purchase Details

Closed on
Oct 3, 1997
Sold by
Minter Trust
Bought by
Holmquist Albert R and Holmquist Lonna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
7.44%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 8, 1995
Sold by
Holmquist Albert R and Holmquist Lonna M
Bought by
Minter Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,406
Interest Rate
7.88%
Mortgage Type
Seller Take Back
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
Shinn Steven C $2,662,219 Wfg Natl Title
Jamison George D $1,050,000 Commonwealth Title Co
Holmquist Albert R $292,524 --
Holmquist Albert R $543,433 --
Minter Trust $1,025,000 Rainier Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shinn Steven C $2,000,000
Previous Owner Jamison George D $1,279,000
Previous Owner Jamison George D $352,350
Previous Owner Jamison George D $947,000
Previous Owner Jamison George D $850,000
Previous Owner Holmquist Albert R $765,000
Previous Owner Holmquist Albert R $273,406
Previous Owner Minter Trust $273,406
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2017 12/01/17 Sold $2,662,500 -10.5% $326 / Sq Ft
09/22/2017 09/22/17 Pending -- -- --
11/21/2016 11/21/16 For Sale $2,975,000 -- $365 / Sq Ft
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 $26,090 $3,761,300 $1,483,500 $2,277,800
2024 $26,090 $3,690,200 $1,421,700 $2,268,500
2023 $26,090 $2,943,100 $1,236,300 $1,706,800
2022 $24,686 $2,986,900 $1,087,900 $1,899,000
2021 $25,206 $2,381,100 $890,100 $1,491,000
2019 $21,890 $2,282,200 $793,300 $1,488,900
2018 $18,178 $2,104,300 $716,300 $1,388,000
2017 $16,130 $1,565,200 $577,700 $987,500
2016 $18,116 $1,365,700 $462,100 $903,600
2014 $17,407 $1,475,200 $539,100 $936,100
2013 $17,407 $1,418,700 $524,800 $893,900
Source: Public Records

Agents Affiliated with this Home

  • Rich Watson

    Seller's Agent in 2017

    Rich Watson

    Avenue Properties

    (253) 988-5973

    1 in this area

    87 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2017

    Megan Zamberlin

    Avenue Properties

    (253) 330-6200

    1 in this area

    70 Total Sales

    Section Image
  • Dennis Paige

    Buyer's Agent in 2017

    Dennis Paige

    Reaologics Sothebys International Realty

    (206) 920-3824

    66 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1054233

Northwest Multiple Listing Service (NWMLS)

APN: 012228-7015

Washington Pierce County Gig Harbor 98329

11114 116th Avenue Ct NW, Gig Harbor, WA

This home is located at 11114 116th Avenue Ct NW, Gig Harbor, WA 98329 since 20 November 2016 and is currently estimated at $4,717,356, approximately $578 per square foot. This property was built in 1991. 11114 116th Avenue Ct NW is a home located in Pierce County with nearby schools including Minter Creek Elementary School, Key Peninsula Middle School, and Peninsula High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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 is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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