NOT LISTED FOR SALE

16 Point Fosdick Dr NW Gig Harbor, WA 98335

Estimated Value: $3,775,000 - $4,285,000

4 Beds
5 Baths
5,224 Sq Ft
$780/Sq Ft Est. Value

Last Sold November 19, 2020

Last sale price $3,150,000 $603 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $23,543/month

7 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Views of a Sound
  • Deck
  • Harbor Heights Elementary School Rated A-
  • Spa
  • 2 Fireplaces

About This Home

As of November 2020

Spectacular, newly renovated low-bank waterfront home w/ expansive Southern views. Exceptional design transforms classic & traditional elements into the very definition of modern luxury. Gourmet kitchen, including built-in pizza oven, opens to the living & dining rooms w/ Nanowalls. 4 spacious bedrooms plus guestroom & office- stunning master suite w/ balcony & Mainfloor bedroom & full bath for flexibility. Multiple outdoor entertaining spaces complete w/ private putting green & Pilates studio.

Last Agent to Sell the Property

Allison Skibbs Welch

Windermere Prof Partners License #17423 Listed on: 10/21/2020

Windermere Prof Partners

Last Buyer's Agent

Michael Morrison

Morrison House Sotheby's Intl License #50025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1680636

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,963

Year Built

  • Built in 1940

Lot Details

  • Low Bank Waterfront Property
  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • Level Lot
  • Sprinkler System

Parking

  • Attached Garage

Property Views

  • Views of a Sound
  • City
  • Mountain

Home Design

  • Poured Concrete
  • Metal Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 2 Fireplaces
  • Wall to Wall Carpet
  • Finished Basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher

Outdoor Features

  • Spa
  • Bulkhead
  • Deck
  • Patio

Utilities

  • Well
  • High Speed Internet
  • Cable TV Available

Community Details

  • Point Fosdick Community

Listing and Financial Details

  • Assessor Parcel Number 022005-2-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,963

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Homebuilder: Harrison Homes
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Wired For Generator, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Hot Tub/Spa, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Microwave, Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 4
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 4.50
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 4
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Basement: Fully Finished
  • Den or Office: Upper
  • Dining Room: Main
  • Extra Finished Room: Upper
  • Family Room: Upper
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 5224
  • Square Footage Finished: 5224

Exterior Features

  • Exterior: Cement Planked, Wood
  • Foundation: Poured Concrete
  • Roof: Metal
  • View: City, Mountain, Sound
  • Waterfront: Bank-Low, Bulkhead, Saltwater, Sound
  • Waterfront Frontage: 100

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air, Heat Pump, Radiant
  • Power Company: Peninsula Light Co
  • Septic Approved for Number of Bedrooms: 4
  • Sewer Company: Septic
  • Water Company: Private Well
  • Water Heater: Basement
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Point Fosdick

Schools

  • Elementary School: Harbor Heights Elem
  • Middle School: Goodman Mid
  • High School: Gig Harbor High
  • School District: PEN

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 21000
  • Lot Topography Vegetation: Level, Partial Slope
  • Parcel Number: 022005-2-030
  • Zoning Jurisdiction: County
  • Lot Topography: Level, Partial Slope

Tax Info

  • Tax Amount: 16367

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Nov 6, 2020
Sold by
Turner Craig T and Turner Kelly D
Bought by
Deer Aaron James and Hefley Juli Layne
Seller's Agent
Allison Skibbs Welch
Windermere Prof Partners
Buyer's Agent
Michael Morrison
Morrison House Sotheby's Intl
List Price
$3,250,000
Sold Price
$3,150,000
Premium/Discount to List
-$100,000
-3.08%
Current Estimated Value
$3,965,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$815,684
Avg. Annual Appreciation
3.96%
Original Mortgage
$1,500,000
Outstanding Balance
$1,340,863
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,446,112

Purchase Details

Closed on
Jan 23, 2012
Sold by
Baerg Steve D and Baerg Stpehanie L
Bought by
Turner Craig T and Turner Kelley D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$888,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 1998
Sold by
Seiwerath David M
Bought by
Fisher C Michael and Fisher Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
7.07%
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
Deer Aaron James $3,150,000 Fidelity National Title
Turner Craig T $1,110,000 Rainier Title Llc
Fisher C Michael $475,000 Rainier Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deer Aaron James $1,500,000
Previous Owner Turner Craig T $750,000
Previous Owner Turner Craig T $775,000
Previous Owner Turner Craig T $888,000
Previous Owner Baerg Steven D $300,000
Previous Owner Baerg Steven D $230,000
Previous Owner Baerg Steven D $116,034
Previous Owner Baerg Steven D $90,000
Previous Owner Fisher C Michael $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2020 11/19/20 Sold $3,150,000 -3.1% $603 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $3,250,000 -- $622 / 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 $29,963 $2,889,300 $1,328,300 $1,561,000
2024 $29,963 $3,348,100 $1,407,700 $1,940,400
2023 $29,963 $3,187,900 $1,335,500 $1,852,400
2022 $23,175 $2,867,300 $1,227,200 $1,640,100
2021 $17,128 $1,575,500 $844,600 $730,900
2019 $14,897 $1,451,900 $714,300 $737,600
2018 $11,797 $1,404,100 $714,300 $689,800
2017 $12,087 $1,012,900 $642,900 $370,000
2016 $11,675 $970,400 $546,200 $424,200
2014 $10,316 $973,500 $554,600 $418,900
2013 $10,316 $914,000 $503,100 $410,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1680636

Northwest Multiple Listing Service (NWMLS)

APN: 022005-2030