NOT LISTED FOR SALE

1318 Madrona Way NW Gig Harbor, WA 98332

Estimated Value: $1,528,000 - $1,736,000

4 Beds
3 Baths
3,860 Sq Ft
$415/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $775,000 $201 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $9,613/month

131 Days on Market

Highlights

  • Waterfront Community
  • Ocean View
  • Deck
  • Purdy Elementary School Rated A-
  • Spa
  • Contemporary Architecture

About This Home

As of September 2016

Panoramic marine & mountain views w/ iconic Mt. Rainier as the centerpiece! Open floor plan embracing the natural light & views from every room. Formal living & dining, master suite w/ jetted tub & den/office all on main. Fully finished daylight basement with 2 adtl bedrooms & full bath. Lush grounds w/ welcoming water feature. Private community beach, one of the most scenic in Gig Harbor. New roof & furnace. Custom Hunter Douglas blinds on main. Fabulous, custom view home waiting to be yours!

Last Agent to Sell the Property

Laura Hodgson

The Cascade Team License #93313 Listed on: 05/05/2016

The Cascade Team

Last Buyer's Agent

Julie Pierce

RE/MAX Exclusive License #17008

RE/MAX Exclusive

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM937068

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,364

Year Built

  • Built in 1994

Lot Details

  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Sloped Lot
  • Sprinkler System
  • Garden

Parking

  • Attached Garage

Property Views

  • Ocean
  • Views of a Sound
  • City

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Stucco

Interior Spaces

  • 4 Fireplaces
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck
  • Patio

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 7500200071

Community Details

Overview

  • Gig Harbor North Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,364

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Wine Cellar, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, High Tech Cabling, Hot Tub/Spa, Jetted Tub, Security System, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 4
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 2
  • Bathrooms: 3.00
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 4
  • Fireplaces Main: 3
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3860
  • Square Footage Finished: 3860
  • Square Footage Unfinished: 891

Exterior Features

  • Exterior: Stucco
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: City, Ocean, Sound

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Central A/C, Heat Pump
  • Power Company: Penninsula Light
  • Septic Approved for Number of Bedrooms: 4
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Harbor Water
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 17
  • Community Name: Gig Harbor North
  • Project: Sea Cliff Estates
  • Community Features: Ccrs, Community Waterfront/Pvt Beach

Schools

  • School District: PEN

Lot Info

  • Lot Details: Cul-De-Sac, Dead End Street, Paved Street
  • Lot Sq Ft: 16750
  • Lot Topography Vegetation: Garden Space, Partial Slope
  • Parcel Number: 7500200071
  • Lot Topography: Garden Space, Partial Slope

Tax Info

  • Tax Amount: 7901

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2016
Closed on
Sep 19, 2016
Sold by
Mcpherson Beverly Ann
Bought by
Ruccione Lawrence G and Jayne Ruccione S
Seller's Agent
Laura Hodgson
The Cascade Team
Buyer's Agent
Julie Pierce
RE/MAX Exclusive
List Price
$799,900
Sold Price
$775,000
Premium/Discount to List
-$24,900
-3.11%
Current Estimated Value
$1,537,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$762,095
Avg. Annual Appreciation
9.12%

Purchase Details

Closed on
Apr 3, 2008
Sold by
Mcpherson Charles Harrison and Mcpherson Beverley Ann
Bought by
Mcpherson Charles Harrison and Mcpherson Beverley Ann

Purchase Details

Closed on
Sep 9, 2004
Sold by
Mcpherson Charles Harrison
Bought by
Mcpherson Charles Harrison and Mcpherson Beverley Ann

Purchase Details

Closed on
Sep 3, 2002
Sold by
Langill Edward L
Bought by
Mcpherson Charles Harrison and The Mcpherson Family Trust
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
Ruccione Lawrence G $774,719 Ticor Title
Mcpherson Charles Harrison -- None Available
Mcpherson Charles Harrison -- --
Mcpherson Charles Harrison $594,000 Commonwealth Title Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold $775,000 -3.1% $201 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $799,900 0.0% $207 / Sq Ft
05/08/2016 05/08/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $799,900 -- $207 / 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 $14,364 $1,583,900 $674,900 $909,000
2024 $14,364 $1,563,000 $674,900 $888,100
2023 $14,364 $1,520,400 $707,000 $813,400
2022 $12,283 $1,566,500 $707,000 $859,500
2021 $11,816 $1,083,000 $441,200 $641,800
2019 $10,600 $1,091,500 $400,700 $690,800
2018 $9,505 $995,300 $350,700 $644,600
2017 $8,251 $813,800 $264,100 $549,700
2016 $7,665 $670,200 $222,200 $448,000
2014 $3,316 $635,800 $209,500 $426,300
2013 $3,316 $552,100 $163,900 $388,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM937068

Northwest Multiple Listing Service (NWMLS)

APN: 750020-0071