Listed by Properties NW of Gig Harbor, Bought with Coldwell Banker Bain
NOT LISTED FOR SALE

1308 118th Street Ct NW Gig Harbor, WA 98332

Estimated Value: $741,000 - $772,000

2 Beds
2 Baths
1,845 Sq Ft
$409/Sq Ft Est. Value

Last Sold January 09, 2015

Last sale price $272,500 $148 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $4,604/month

64 Days on Market

Highlights

  • Wooded Lot
  • Territorial View
  • Wood Flooring
  • Purdy Elementary School Rated A-
  • Traditional Architecture
  • 1 Fireplace

About This Home

As of January 2015

This is a great little neighborhood with no pesky CC&R’s or HOA dues! You will fall in love with the private wooded setting & mature landscaping. Beautiful hardwood floors cover a majority of living space with tile countertops & floors in bathrooms & kitchen. All stainless steel kitchen appliances stay including fridge & washer/dryer! The master bedroom features a cozy sitting area with gas fireplace & 5 piece master bathroom. You will want to come see this home quickly or it will be too late.

Last Agent to Sell the Property

Jake Mercado

Properties NW of Gig Harbor Listed on: 09/12/2014

Co-Listed By

Graham Mercado

PropertiesNW of Gig Harbor Ltd License #24100

Last Buyer's Agent

Jennifer Kaul

Coldwell Banker Bain License #32517

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM696213

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,952

Year Built

  • Built in 1996

Lot Details

  • Open Space
  • Cul-De-Sac
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Wooded Lot
  • Garden
  • Property is zoned R10

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Septic System

Community Details

  • Gig Harbor North Community

Listing and Financial Details

  • Assessor Parcel Number 4000900060

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,952

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Traditional
  • Building Information: Built On Lot
  • Year Built: 1996
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Fireplace In Mstr Br, French Doors, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Estimated Sq Ft: 1845
  • Square Footage Finished: 1845

Exterior Features

  • Exterior: Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: Peninsula Light
  • Sewer: Septic
  • Water Company: Washington Water
  • Water Heater: Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Gig Harbor North
  • Project: Morningside West

Schools

  • School District: PEN

Lot Info

  • Lot Number: 6
  • Lot Details: Cul-De-Sac, Open Space, Paved Street
  • Lot Dimensions: 145*44*55*114*165
  • Lot Sq Ft: 15692
  • Lot Topography Vegetation: Garden Space, Level, Partial Slope, Wooded
  • Parcel Number: 4000900060
  • Zoning Code: R10
  • Lot Topography: Garden Space, Level, Partial Slope, Wooded

Tax Info

  • Tax Amount: 3273

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2014
Closed on
Dec 3, 2014
Sold by
The Secretary Of Veterans Affairs Of Was
Bought by
Drummond Wayne
Seller's Agent
Jake Mercado
Properties NW of Gig Harbor
Buyer's Agent
Jennifer Kaul
Coldwell Banker Bain
List Price
$292,500
Sold Price
$272,500
Premium/Discount to List
-$20,000
-6.84%
Current Estimated Value
$753,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,442
Avg. Annual Appreciation
10.13%
Original Mortgage
$218,000
Outstanding Balance
$162,163
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$598,768

Purchase Details

Closed on
Sep 10, 2014
Sold by
U S Bank National Association
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Jul 30, 2014
Sold by
Kicha Louis P and Kicha Fern L
Bought by
U S Bank National Association

Purchase Details

Closed on
Dec 19, 2008
Sold by
Sink Warren
Bought by
Kicha Louis P and Kicha Fern L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,395
Interest Rate
6.1%
Mortgage Type
VA

Purchase Details

Closed on
Feb 2, 1996
Sold by
Hartman Randall W and Hartman Marlene E
Bought by
Sink Ann

Purchase Details

Closed on
Nov 2, 1993
Sold by
Bungalow Homes
Bought by
Hartman Randall W and Hartman Marlene E
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
Drummond Wayne $272,500 Wfg Natl Title
Secretary Of Veterans Affairs -- None Available
U S Bank National Association $250,898 None Available
Kicha Louis P $315,000 The Talon Group
Sink Ann $42,500 --
Hartman Randall W -- Rainier Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drummond Wayne $218,000
Previous Owner Kicha Louis P $325,395
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2015 01/09/15 Sold $272,500 0.0% $148 / Sq Ft
11/20/2014 11/20/14 Pending -- -- --
11/14/2014 11/14/14 Price Changed $272,500 -3.5% $148 / Sq Ft
10/15/2014 10/15/14 Price Changed $282,500 -3.4% $153 / Sq Ft
09/16/2014 09/16/14 For Sale $292,500 -- $159 / 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 $5,952 $680,900 $272,900 $408,000
2024 $5,952 $670,800 $272,900 $397,900
2023 $5,952 $621,100 $272,900 $348,200
2022 $5,414 $640,800 $272,900 $367,900
2021 $5,276 $476,500 $170,300 $306,200
2019 $4,463 $450,700 $156,200 $294,500
2018 $4,461 $411,500 $136,700 $274,800
2017 $3,849 $375,700 $113,300 $262,400
2016 $3,597 $306,800 $95,300 $211,500
2014 $3,198 $293,200 $89,800 $203,400
2013 $3,198 $261,200 $65,100 $196,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jake Mercado

    Properties NW of Gig Harbor

  • G

    Seller Co-Listing Agent in 2015

    Graham Mercado

    PropertiesNW of Gig Harbor Ltd

    (253) 851-2511

    9 Total Sales

    Graham Mercado
    Section Image

  • J

    Buyer's Agent in 2015

    Jennifer Kaul

    Coldwell Banker Bain

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM696213

Northwest Multiple Listing Service (NWMLS)

APN: 400090-0060

Washington Pierce County Gig Harbor 98332

1308 118th Street Ct NW, Gig Harbor, WA

This home is located at 1308 118th Street Ct NW, Gig Harbor, WA 98332 since 12 September 2014 and is currently estimated at $753,942, approximately $408 per square foot. This property was built in 1996. 1308 118th Street Ct NW is a home located in Pierce County with nearby schools including Purdy 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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