Listed by PropertiesNW of Gig Harbor Ltd, Bought with Hawkins Poe
$1,850,000
SOLD JUN 13, 2025

164 Madrona Dr NW Gig Harbor, WA 98335

4 Beds
2.5 Baths
2,576 Sq Ft
1.59 Acres

Recently Sold

$718 Per Sq Ft

36 Days on Market

Highlights

  • Views of a Sound
  • Community Boat Launch
  • RV Access or Parking
  • Voyager Elementary School Rated A-
  • Spa
  • 1.59 Acre Lot

About This Home

As of June 2025

Escape the ordinary and come home to a dream! Cross the Raft Island bridge to find this incredibly peaceful & private 1.59 acre hideaway offering everything you'll need to live & play! Awe inspiring 180 degree SUNRISE to SUNSET views. The next best thing to waterfront awaits you w/ the community beach just steps away. Raft Island is a private island that is walkable, friendly, offers awesome beaches, boat launch, tennis/pickleball court, parks & more. Store your kayaks & paddle board at the community beach & you're just minutes away from being on the water. Relax & entertain at the pool while enjoying the views. If you're looking for the laid back vibe of island life & want to live just minutes from the Harbor & Hwy 16, then you've arrived!

Last Agent to Sell the Property

Kathy Swenson

PropertiesNW of Gig Harbor Ltd License #77591 Listed on: 04/09/2025

Co-Listed By

Kristi Swenson

PropertiesNW of Gig Harbor Ltd License #22012616

Last Buyer's Agent

Whitney Johnsen

Hawkins Poe License #141043

Hawkins Poe

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2357271

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,160

Year Built

  • Built in 1971

Lot Details

  • 1.59 Acre Lot
  • South Facing Home
  • Partially Fenced Property
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Garden

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 3 Car Detached Garage
  • Driveway
  • RV Access or Parking

Property Views

  • Views of a Sound
  • Bay
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,576 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Finished Basement
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • Bathroom on Main Level
  • Spa Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck
  • Patio

Schools

  • Voyager Elementary School
  • Kopachuck Mid Middle School
  • Gig Harbor High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 7097000112

Community Details

Overview

  • HOA Community Solutions, Carolyn Association
  • Secondary HOA Phone (253) 985-3812
  • Raft Island Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Boat Launch
  • Sport Court
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,160

Year Built

Built in 1971

Lot Details

0

HOA Fees

$200 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1971
  • Inclusions: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2576
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 32

Interior Features

  • Fireplaces: 1
  • Basement: Daylight, Finished
  • Private Spa: Yes
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Lower
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Vinyl Plank, Carpet
  • Interior Amenities: Bath Off Primary, Ceramic Tile, Double Pane/Storm Window, Dining Room, Fireplace, French Doors, Hot Tub/Spa, Skylight(s), Water Heater
  • Living Area: 2576
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Bathrooms: 2.25
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 2576
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 3
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Bay, Mountain(s), Sound, Territorial
  • Lot Features: Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Direction Faces: South
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete, Slab
  • Structure Type: House
  • BusLineNearby: false
  • PoolType: In-Ground
  • WaterAccess: Community Waterfront/Pvt Beach

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Security: Partially Fenced
  • Cooling: Central A/C
  • Cooling Y N: Yes
  • Heating: Fireplace Insert, Forced Air
  • Heating Yn: Yes
  • PowerCompany: Peninsula Light
  • SewerCompany: Septic
  • WaterCompany: Washington Water
  • WaterHeaterLocation: Laundry Room
  • WaterHeaterType: Gas
  • InternetConnected: XFINITY

Condo/Co-op/Association

  • Community Features: Athletic Court, Boat Launch, CCRs, Park, Playground
  • Senior Community: No
  • Association Fee: 200
  • Association Fee Frequency: Monthly
  • Phone: 253-985-3812
  • Association: Yes
  • AssociationContactName: HOA Community Solutions, Carolyn

Schools

  • Junior High Dist: Peninsula
  • High School: Gig Harbor High
  • Middle Or Junior School: Kopachuck Mid

Lot Info

  • Parcel Number: 7097000112
  • Topography: Level,Partial Slope,Terraces
  • Land Lease: No
  • Lot Size Acres: 1.5871
  • Lot Size Sq Ft: 69133
  • Zoning: R10
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Hot Tub/Spa,Irrigation,Patio,RV Parking,Shop,Sprinkler System
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2025
  • Tax Annual Amount: 9160.27

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Voyager Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2025
Closed on
Jun 11, 2025
Sold by
Swenson Richard P and Swenson Kathleen L
Bought by
Hughes Taylor and Peterson Danielle
Seller's Agent
Kathy Swenson
PropertiesNW of Gig Harbor Ltd
Buyer's Agent
Whitney Johnsen
Hawkins Poe
List Price
$1,850,000
Sold Price
$1,850,000
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-98.45%
Original Mortgage
$1,664,900
Outstanding Balance
$1,664,900
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
-$588,471

Purchase Details

Listed on
Nov 10, 2023
Closed on
Dec 1, 2023
Sold by
Sylvain Marsha E
Bought by
Swenson Richard P and Swenson Kathleen L
Seller's Agent
Whitney Johnsen
Hawkins Poe
Buyer's Agent
Kathy Swenson
PropertiesNW of Gig Harbor Ltd
List Price
$699,000
Sold Price
$659,600
Premium/Discount to List
-$39,400
-5.64%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
96.22%

Purchase Details

Closed on
Nov 8, 2019
Sold by
Sylvain Peter
Bought by
Sylvain Marsha

Purchase Details

Closed on
Aug 31, 2004
Sold by
Swenson Richard P
Bought by
Sylvain Peter M and Sylvain Marsha E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
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 $1,850,000 Ticor Title
Warranty Deed $659,600 Wfg National Title Company Of
Quit Claim Deed -- --
Warranty Deed $500,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,664,900 New Conventional
Previous Owner $464,000 Unknown
Previous Owner $87,000 Stand Alone Second
Previous Owner $400,000 Purchase Money Mortgage
Closed $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Sold $1,850,000 0.0% $718 / Sq Ft
05/15/2025 05/15/25 Pending -- -- --
05/08/2025 05/08/25 For Sale $1,850,000 0.0% $718 / Sq Ft
04/15/2025 04/15/25 Pending -- -- --
04/09/2025 04/09/25 For Sale $1,850,000 +180.5% $718 / Sq Ft
12/01/2023 12/01/23 Sold $659,600 -5.6% $256 / Sq Ft
11/11/2023 11/11/23 Pending -- -- --
11/10/2023 11/10/23 For Sale $699,000 -- $271 / 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 $9,054 $761,600 $507,800 $253,800
2024 $9,054 $977,200 $507,800 $469,400
2023 $9,054 $952,700 $507,800 $444,900
2022 $7,043 $931,200 $507,800 $423,400
2021 $7,246 $659,200 $352,300 $306,900
2019 $6,038 $589,500 $289,200 $300,300
2018 $5,850 $561,300 $265,300 $296,000
2017 $4,981 $496,300 $223,500 $272,800
2016 $4,514 $390,300 $161,300 $229,000
2014 $4,172 $370,400 $161,300 $209,100
2013 $4,172 $360,900 $174,900 $186,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2357271

Northwest Multiple Listing Service (NWMLS)

APN: 709700-0112