Listed by BCR LLC, Bought with WeLakeside
$1,020,000
SOLD MAY 7, 2025

1305 Madrona Way NW Gig Harbor, WA 98332

4 Beds
3 Baths
4,753 Sq Ft
0.35 Acres

Recently Sold

$215 Per Sq Ft

7% Below List Price

147 Days on Market

Highlights

  • Views of a Sound
  • Community Boat Launch
  • Fruit Trees
  • Purdy Elementary School Rated A-
  • RV Access or Parking
  • Clubhouse

About This Home

As of May 2025

Amazing views of Puget Sound! The view is unprecedented from this home. On a clear day, you will have an unobstructed view of Mt. Rainier and Colvos Passage and can see Tacoma and part of Commencement Bay. This 5,000+ square foot home has room for everyone and just about everything, a large workshop, a large rec room, a huge living room, a dining room, an open concept kitchen layout, a large deck, and a 3-car garage. The privately gated community beach offers a clubhouse, gazebo, bathroom facility, day dock, swimming beach, and much more. 5 to 10 minutes from shopping, restaurants, and the freeway gives you the best of both worlds: quiet privacy yet close to what you need. Thinking of a remodel, this home qualifies for a Rehab Loan.

Last Agent to Sell the Property

Christel Osterstrom

BCR LLC License #24033608 Listed on: 11/15/2024

BCR LLC

Co-Listed By

Juli Anne Gibson

BCR LLC License #48212

Last Buyer's Agent

Kristin Hood

WeLakeside License #129676

WeLakeside

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2306807

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,515

Year Built

  • Built in 1977

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 119x185x151x24x24
  • Cul-De-Sac
  • West Facing Home
  • Partially Fenced Property
  • Brush Vegetation
  • Sloped Lot
  • Sprinkler System
  • Fruit Trees
  • Garden
  • Property is in good condition

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway
  • Off-Street Parking
  • RV Access or Parking

Property Views

  • Views of a Sound
  • Bay
  • City
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 4,753 Sq Ft Home
  • 1-Story Property
  • Skylights
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Dining Room
  • Finished Basement
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Slate Flooring
  • Vinyl

Bedrooms and Bathrooms

  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • High Efficiency Heating System
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 7500200040

Community Details

Overview

  • Seacliff Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Boat Launch
  • Sport Court
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,515

Year Built

Built in 1977

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1977
  • Inclusions: Dishwasher(s),Dryer(s),LeasedEquipment,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 5367
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • SOCComments: Selling Office Comp on Seller Net.
  • Special Features: None
  • Cumulative Days on Market: 198

Interior Features

  • Fireplaces: 3
  • Basement: Daylight, Finished
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 3
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Flooring: Slate, Vinyl, Carpet
  • Interior Amenities: Bath Off Primary, Double Pane/Storm Window, Dining Room, Fireplace, Skylight(s), Walk-In Pantry, Water Heater
  • Living Area: 4753
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Bathrooms: 3
  • BathsFullMain: 2
  • FireplacesMain: 2
  • SquareFootageFinished: 4753
  • SquareFootageUnfinished: 614
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • FireplacesLower: 1
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Composition
  • View: Bay, City, Mountain(s), Sound, Territorial
  • Lot Features: Cul-De-Sac, Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Direction Faces: West
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: false
  • WaterAccess: Community Waterfront/Pvt Beach

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Off Street, RV Parking
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: Forced Air
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Forced Air
  • Heating Yn: Yes
  • PowerCompany: Penninsula Light
  • SewerCompany: Septic
  • WaterCompany: Washington Water
  • WaterHeaterLocation: Basement
  • WaterHeaterType: Electric
  • CableConnected: Comcast
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Community Features: Athletic Court, Boat Launch, Club House, Playground
  • Senior Community: No
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel Number: 7500200040
  • Topography: Partial Slope,Sloped
  • Land Lease: No
  • Lot Size Acres: 0.3476
  • Lot Size: 119x185x151x24x24
  • Lot Size Sq Ft: 15143
  • Zoning: R10
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,Patio,RV Parking,Shop,Sprinkler System
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 10515

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Purdy Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2024
Closed on
May 1, 2025
Sold by
Casper Steve E and Casper Donna M
Bought by
Jaramillo Andrew and Jaramillo Charmay
Seller's Agent
Christel Osterstrom
BCR LLC
Buyer's Agent
Kristin Hood
WeLakeside
List Price
$1,100,000
Sold Price
$1,020,000
Premium/Discount to List
-$80,000
-7.27%
Views
286
Current Estimated Value
$1,136,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,711
Avg. Annual Appreciation
45.29%
Original Mortgage
$535,000
Outstanding Balance
$533,583
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$603,128

Purchase Details

Closed on
Jun 1, 2001
Sold by
Wagenblast Kenneth R
Bought by
Casper Steve E and Casper Donna M

Purchase Details

Closed on
Jan 27, 1999
Sold by
Wagenblast James
Bought by
Wagenblast Kenneth R
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 Type Sale Price Title Company
Warranty Deed $1,020,000 Fidelity National Title
Warranty Deed $281,500 Rainier Title Company
Personal Reps Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $535,000 New Conventional
Previous Owner $150,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2025 05/07/25 Sold $1,020,000 -7.3% $215 / Sq Ft
04/11/2025 04/11/25 Pending -- -- --
04/10/2025 04/10/25 For Sale $1,100,000 0.0% $231 / Sq Ft
04/05/2025 04/05/25 Pending -- -- --
04/02/2025 04/02/25 Price Changed $1,100,000 -8.3% $231 / Sq Ft
03/25/2025 03/25/25 Price Changed $1,200,000 -4.0% $252 / Sq Ft
03/06/2025 03/06/25 For Sale $1,250,000 0.0% $263 / Sq Ft
02/11/2025 02/11/25 Pending -- -- --
01/10/2025 01/10/25 Price Changed $1,250,000 -3.8% $263 / Sq Ft
11/15/2024 11/15/24 For Sale $1,300,000 -- $274 / 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 $10,151 $1,108,500 $470,600 $637,900
2024 $10,151 $1,103,800 $470,600 $633,200
2023 $10,151 $1,070,000 $493,000 $577,000
2022 $8,692 $1,102,800 $493,000 $609,800
2021 $8,474 $773,100 $307,700 $465,400
2019 $7,540 $766,600 $269,600 $497,000
2018 $6,769 $704,200 $235,900 $468,300
2017 $5,836 $576,200 $177,700 $398,500
2016 $5,459 $474,300 $149,500 $324,800
2014 $4,680 $450,000 $140,900 $309,100
2013 $4,680 $386,600 $107,100 $279,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2306807

Northwest Multiple Listing Service (NWMLS)

APN: 750020-0040