NOT LISTED FOR SALE

11272 Borgen Loop Gig Harbor, WA 98332

Gig Harbor North Neighborhood

Estimated Value: $746,000 - $763,187

3 Beds
2.5 Baths
2,510 Sq Ft
$302/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $651,000 $259 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,505/month

1 Day on Market

Highlights

  • Spa
  • Contemporary Architecture
  • Wooded Lot
  • Discovery Elementary School Rated A-
  • Property is near public transit
  • 4-minute walk to Olympus Way Community Park

About This Home

As of October 2021

Convenient living located in the heart of town on a quiet lot, tucked in the back of The Ridge at Gig Harbor with an alley easement. The house is literally steps to a private neighborhood park w/ easy access to walking trails, bike trails, shopping, YMCA activities, Costco, Target, restaurants, & more. Enjoy nearby waterfront downtown Gig Harbor only a few mins away. This 2-story 3 bedroom/2.5 bath home has all the features you're looking for! Spacious kitchen w/ huge island, open concept into great room & dining, granite counters, SS appliances, walk-in pantry, mudroom, adorable under the stairs study space, huge upstairs laundry/office space, upstairs loft area, & a private backyard w/ a large patio & hot tub that backs up to a greenbelt.

Last Agent to Sell the Property

Rachel Hayes

Real Broker LLC License #121636 Listed on: 09/14/2021

Real Broker LLC

Last Buyer's Agent

Jeff Brown

Paramount Real Estate Group License #130728

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1838648

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,519

Year Built

  • Built in 2010

Lot Details

  • 4,140 Sq Ft Lot
  • Partially Fenced Property
  • Brush Vegetation
  • Terraced Lot
  • Wooded Lot
  • Property is in good condition
  • Zoning described as Gig Harbor-RMD - Planned Community Devel

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,510 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Dining Room
  • Territorial Views

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Engineered Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Spa Bath

Outdoor Features

  • Spa
  • Patio

Location

  • Property is near public transit

Schools

  • Harbor Ridge Mid Middle School
  • Peninsula High School

Utilities

  • Tankless Water Heater
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Diamond Community Management Association
  • Secondary HOA Phone (253) 514-6638
  • Gig Harbor Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,519

Year Built

Built in 2010

Lot Details

0

HOA Fees

$40 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2010
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher,Microwave,RangeOven,Refrigerator
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Building Name: Ridge at Gig Harbor
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2510
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/1838648?w=Consumer&agent=105659
  • Special Features: None
  • Cumulative Days on Market: 291

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Private Spa: Yes
  • Appliances: Dishwasher_, Microwave_, RangeOven_, Refrigerator_
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Engineered Hardwood, Carpet
  • Interior Amenities: High Efficiency - 90%+, Forced Air, Tankless Water Heater, Wall to Wall Carpet, Bath Off Primary, Dining Room, Hot Tub/Spa, Walk-In Closet(s), WalkInPantry, Fireplace, Water Heater
  • Living Area: 2510
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 2510
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Microwave,Range/Oven,Refrigerator

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: AttachedGarage, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Pen Light
  • SewerCompany: City of Gig Harbor
  • WaterCompany: City of Gig Harbor
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Tankless

Condo/Co-op/Association

  • Community Features: CCRs, Park, Playground_
  • Senior Community: No
  • Association Fee: 40
  • Association Fee Frequency: Monthly
  • Phone: 253-514-6638
  • Association: Yes
  • AssociationContactName: Diamond Community Management

Schools

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

Lot Info

  • Parcel Number: 400288-036-0
  • Topography: Terraces
  • Lot Size Acres: 0.095
  • Lot Size Sq Ft: 4140
  • Zoning Description: Gig Harbor-RMD - Planned Community Devel
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Gas Available,High Speed Internet,Hot Tub/Spa,Patio
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City
  • LotNumber: 36

Green Features

  • Efficiency: High Efficiency - 90%+
  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4519

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Oct 4, 2021
Sold by
Nelson Michael H and Nelson Chondra C
Bought by
Maldonado Jeremy and Maldonado Meaghan
Seller's Agent
Rachel Hayes
Real Broker LLC
Buyer's Agent
Jeff Brown
Paramount Real Estate Group
List Price
$629,000
Sold Price
$651,000
Premium/Discount to List
$22,000
3.5%
Total Days on Market
1
Current Estimated Value
$757,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,297
Avg. Annual Appreciation
4.23%
Original Mortgage
$585,900
Outstanding Balance
$540,050
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$217,247

Purchase Details

Closed on
Sep 16, 2015
Sold by
Hayes Susan K and Posovsky Rick D
Bought by
Nelson Michael H and Nelson Chondra C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,050
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2011
Sold by
The Quadrant Corporation
Bought by
Hayes Susan K and Posovsky Rick D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,096
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2010
Sold by
United Western Development Incorporated
Bought by
The Quadrant Corporation
Source: Public Records

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Range of Values:

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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
Maldonado Jeremy $651,000 First American Title
Nelson Michael H $358,719 Wfg National Title Company
Hayes Susan K $301,370 Fatco
The Quadrant Corporation -- Fatco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maldonado Jeremy $585,900
Previous Owner Nelson Michael H $379,000
Previous Owner Nelson Michael H $341,050
Previous Owner Hayes Susan K $241,096
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $651,000 +3.5% $259 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $629,000 -- $251 / 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
2024 $5,355 $659,100 $248,200 $410,900
2023 $5,355 $630,800 $248,200 $382,600
2022 $4,763 $646,400 $248,200 $398,200
2021 $4,519 $463,600 $169,100 $294,500
2019 $3,979 $429,300 $134,200 $295,100
2018 $3,963 $422,500 $130,200 $292,300
2017 $3,536 $384,700 $111,300 $273,400
2016 $3,189 $313,200 $75,400 $237,800
2014 $2,815 $293,800 $65,700 $228,100
2013 $2,815 $274,100 $49,000 $225,100
Source: Public Records

Agents Affiliated with this Home

  • Rachel Hayes

    Seller's Agent in 2021

    Rachel Hayes

    Real Broker LLC

    (253) 509-2493

    2 in this area

    53 Total Sales

    Rachel Hayes
    Section Image
  • Jeff Brown

    Buyer's Agent in 2021

    Jeff Brown

    Paramount Real Estate Group

    (253) 310-7765

    3 in this area

    61 Total Sales

    Jeff Brown
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1838648

Northwest Multiple Listing Service (NWMLS)

APN: 400288-0360

Washington Pierce County Gig Harbor 98332 Gig Harbor North

11272 Borgen Loop, Gig Harbor, WA

This home is located at 11272 Borgen Loop, Gig Harbor, WA 98332 since 14 September 2021 and is currently estimated at $757,297, approximately $301 per square foot. This property was built in 2010. 11272 Borgen Loop is a home located in Pierce County with nearby schools including Discovery Elementary School, Harbor Ridge 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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