Listed by Hawkins Poe, Bought with PropertiesNW of Gig Harbor Ltd
$659,600
SOLD DEC 1, 2023

164 Madrona Dr NW Gig Harbor, WA 98335

4 Beds
2.5 Baths
2,576 Sq Ft
1.59 Acres

Recently Sold

$256 Per Sq Ft

6% Below List Price

1 Day on Market

Highlights

  • Views of a Sound
  • 1.59 Acre Lot
  • Wood Flooring
  • Voyager Elementary School Rated A-
  • Deck
  • 2 Fireplaces

About This Home

As of June 2025

INVESTOR ALERT! What a special opportunity this is, stunner of a home with BIG views of the Puget Sound, Cutt's Island and Southern exposure. A true mid-century modern with exposed beams tongue and groove ceilings and ceiling to floor windows. Primary with ensuite is on the main floor and 3 additional bedrooms on the lower level, multiple living spaces open kitchen and nearly 900 square foot detached 3-car garage. The 1.5 acre parcel is private and secluded perched up to enhance the views. Photos of interior were taken in 2004. Subject to approval by special master and foreclosing lender, auction date 11/17

Last Agent to Sell the Property

Whitney Johnsen

Hawkins Poe License #141043 Listed on: 11/10/2023

Hawkins Poe

Co-Listed By

Jennifer Hawkins

Hawkins Poe License #27673

Last Buyer's Agent

Kathy Swenson

PropertiesNW of Gig Harbor Ltd License #77591

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2172462

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,330

Year Built

  • Built in 1971

Parking

  • 3 Car Detached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,576 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Views of a Sound
  • Finished Basement

Kitchen

  • Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Septic Tank

Additional Features

  • Deck
  • 1.59 Acre Lot

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Raft Island Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Sport Court
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,330

Year Built

Built in 1971

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1971
  • Inclusions: Dishwasher,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2576
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2172462?w=Consumer&agent=129332
  • Special Features: None
  • Cumulative Days on Market: 607

Interior Features

  • Fireplaces: 2
  • Basement: Finished
  • Appliances: Dishwasher, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet, Fireplace
  • Living Area: 2576
  • Main Level Bedrooms: 1
  • Bathrooms: 2.5
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 2576
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 3
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Refrigerator,Stove/Range
  • FireplacesLower: 1
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Sound
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: Peninsula Light
  • SewerCompany: Septic
  • WaterCompany: WA Water

Condo/Co-op/Association

  • Community Features: Athletic Court, CCRs, Park, Playground
  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Peninsula

Lot Info

  • Parcel Number: 7097000112
  • Land Lease: No
  • Lot Size Acres: 1.5871
  • Lot Size Sq Ft: 69133
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: Co Assessor
  • MLSSquareFootageSource: Co Assessor

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2023
  • Tax Annual Amount: 8330

Multi Family

  • EnergySource: Electric,Natural Gas

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: 2172462

Northwest Multiple Listing Service (NWMLS)

APN: 709700-0112