Listed by eXp Realty, Bought with Keller Williams West Sound
NOT LISTED FOR SALE

12918 122nd Ave NW Gig Harbor, WA 98329

Estimated Value: $468,000 - $615,596

2 Beds
2.5 Baths
1,600 Sq Ft
$342/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $325,000 $203 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,271/month

4 Days on Market

Highlights

  • Waterfront
  • Craftsman Architecture
  • Wooded Lot
  • 5 Acre Lot
  • Secluded Lot
  • 1 Fireplace

About This Home

As of August 2020

INVESTORS/BUILDERS! Gorgeous and Secluded 5-acre property in sought-after Gig Harbor neighborhood. Serene, treed setting with personal walking/exploring trail taking you down to a creek and your own diverse forest. Two over-sized bedrooms (septic approval for 3) and potential abounds. Good bones and strong foundation. Use your design expertise to visualize higher ceilings, double the deck size, build out a covered front porch, open up the driveway area. You will fall in love with this lot!

Last Agent to Sell the Property

Selina Woody

eXp Realty License #123045 Listed on: 07/04/2020

eXp Realty

Last Buyer's Agent

Spencer Hutchins

Keller Williams West Sound License #27300

Keller Williams West Sound

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1622762

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,107

Year Built

  • Built in 1988

Lot Details

  • 5 Acre Lot
  • Waterfront
  • Dirt Road
  • Street terminates at a dead end
  • Brush Vegetation
  • Secluded Lot
  • Level Lot
  • Wooded Lot
  • Garden
  • Value in Land
  • Zoning described as RSR

Home Design

  • Craftsman Architecture
  • Fixer Upper
  • Block Foundation
  • Tile Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Parking

  • 2 Parking Spaces
  • Attached Carport

Utilities

  • Well
  • Water Heater
  • Septic Tank
  • Septic System

Community Details

  • Key Peninsula North Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,107

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 1988
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1600
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • SOCComments: 50/50 Split
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/1622762?w=Consumer&agent=107137
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Flooring: See Remarks
  • Interior Amenities: Bath Off Primary, Fireplace, Water Heater
  • Living Area: 1600
  • Main Level Bedrooms: 2
  • Bathrooms: 2.25
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1600
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Tile
  • Lot Features: Dead End Street, Dirt Road, Secluded, Value In Land
  • View: No
  • Waterfront: Yes
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Block
  • Property Condition: Fixer
  • Structure Type: House

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Septic System, Electricity Available, Wood
  • WaterHeaterLocation: Kitchen Cabinet
  • WaterHeaterType: Bradford White - Energy Saver

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Peninsula
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 0122204019
  • Topography: Level,PartialSlope,Sloped,SteepSlope
  • Lot Size Acres: 5
  • Lot Size: 173 x 1340 +-
  • Lot Size Sq Ft: 217800
  • Zoning Description: RSR
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: PCA
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Wood

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1107

Multi Family

  • EnergySource: Electric,Wood

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2020
Closed on
Aug 7, 2020
Sold by
Hurst Richard and Hurst John
Bought by
Allen Thomas A
Seller's Agent
Selina Woody
eXp Realty
Buyer's Agent
Spencer Hutchins
Keller Williams West Sound
List Price
$330,000
Sold Price
$325,000
Premium/Discount to List
-$5,000
-1.52%
Current Estimated Value
$546,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,899
Avg. Annual Appreciation
9.28%
Original Mortgage
$315,250
Outstanding Balance
$280,904
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$229,753
Source: Public Records

Range of Values:

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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
Allen Thomas A $325,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Thomas A $315,250
Previous Owner Fosdick Margie M $327,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $325,000 -1.5% $203 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
07/04/2020 07/04/20 For Sale $330,000 -- $206 / 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 $4,292 $502,500 $201,800 $300,700
2024 $4,292 $478,400 $207,200 $271,200
2023 $4,292 $470,700 $226,800 $243,900
2022 $4,086 $470,900 $212,700 $258,200
2021 $4,300 $395,300 $126,400 $268,900
2019 $1,112 $363,200 $106,200 $257,000
2018 $1,242 $335,900 $92,800 $243,100
2017 $1,242 $304,900 $80,400 $224,500
2016 $1,954 $234,200 $63,400 $170,800
2014 $3,029 $238,100 $64,300 $173,800
2013 $3,029 $226,200 $60,300 $165,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1622762

Northwest Multiple Listing Service (NWMLS)

APN: 012220-4019