NOT LISTED FOR SALE

2207 50th Ave NW Gig Harbor, WA 98335

Estimated Value: $1,241,000 - $2,726,000

2 Beds
2 Baths
1,276 Sq Ft
$1,784/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $2,100,000 $1,646 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $14,159/month

5 Days on Market

Highlights

  • Boathouse
  • Views of a Sound
  • RV Access or Parking
  • Artondale Elementary School Rated A-
  • Property Fronts a Bay or Harbor
  • Fruit Trees

About This Home

As of March 2021

Historic Wollochet Bay property on the market for the first time in 75+ yeas! 11+ acres includes 265'of beautiful no-bank waterfront with concrete bulkhead, nostalgic boat house, private boat ramp, mooring buoy, 2 cabins, covered RV storage, large pasture area, plenty of woods/timber, & tideland rights. An amazing summertime retreat or build your dream estate, this is a rare opportunity not to be missed. Relax & enjoy the peace and tranquility while viewing marine life from the expansive waterfront. Beach comb, dig for clams, swim, water ski, fish, kayak, play horseshoes/badminton, hang out in a hammock & read, or float on a raft in the saltwater. Gorgeous sunrises, too! This property has it all & is the perfect place for building memories!

Last Agent to Sell the Property

Randy Knapp

Paramount Real Estate Group License #47316 Listed on: 03/03/2021

Last Buyer's Agent

Joe Sanchez

Coldwell Banker Bain License #71719

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1726160

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,371

Year Built

  • Built in 1900

Lot Details

  • Property Fronts a Bay or Harbor
  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • Gated Home
  • Brush Vegetation
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Property is zoned R10

Property Views

  • Views of a Sound
  • Bay
  • Territorial

Home Design

  • Cabin
  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2 Bathrooms
  • 2 Fireplaces
  • Partially Finished Basement

Kitchen

  • Oven or Range
  • Microwave

Flooring

  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • RV Access or Parking

Outdoor Features

  • Tideland Water Rights
  • Bulkhead
  • Boathouse
  • Deck
  • Outbuilding

Farming

  • Pasture

Utilities

  • Well
  • Septic System

Community Details

  • Wollochet Bay Community

Listing and Financial Details

  • Assessor Parcel Number 022130-3-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,371

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Architecture: Cabin
  • Building Information: Built On Lot
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.50
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Three Quarter Bathrooms Lower: 1
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Partially Finished
  • Extra Finished Room: Lower
  • Kitchen: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1276
  • Square Footage Finished: 1276

Exterior Features

  • Exterior: Wood
  • Foundation: Concrete Block
  • Roof: Composition
  • View: Bay, Sound, Territorial
  • Waterfront: Bay, Bulkhead, No Bank, Saltwater, Tideland Rights
  • Waterfront Frontage: 265

Garage/Parking

  • Parking Type: Garage-Detached, K
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: Peninsula Light
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Well
  • Water Heater: Basement Crawl Space-Electric
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Wollochet Bay

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Gig Harbor High
  • School District: PEN

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 494379
  • Lot Topography Vegetation: Brush, Fruit Trees, Level, Partial Slope, Pasture, Steep Slope, Wooded
  • Parcel Number: 022130-3-020
  • Zoning Code: R10
  • Zoning Jurisdiction: County
  • Lot Topography: Brush, Fruit Trees, Level, Partial Slope, Pasture, Steep Slope, Wooded

Tax Info

  • Tax Amount: 17850

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
Mar 24, 2021
Sold by
Cooper Elizabeth A
Bought by
Hill Virl Z and Hill Nancy L
Seller's Agent
Randy Knapp
Paramount Real Estate Group
Buyer's Agent
Joe Sanchez
Coldwell Banker Bain
List Price
$2,300,000
Sold Price
$2,100,000
Premium/Discount to List
-$200,000
-8.7%
Current Estimated Value
$2,276,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,109
Avg. Annual Appreciation
2.21%

Purchase Details

Closed on
Jul 10, 2018
Sold by
Rugg Melvin F
Bought by
Rugg Melvin F and Judith L Rugg 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
Hill Virl Z $2,100,000 Rainier Title
Rugg Melvin F -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $2,100,000 -8.7% $1,646 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $2,300,000 -- $1,803 / 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 $21,371 $2,310,200 $2,039,600 $270,600
2024 $21,371 $2,148,400 $1,893,100 $255,300
2023 $21,371 $2,255,400 $2,015,200 $240,200
2022 $16,922 $2,245,500 $2,015,200 $230,300
2021 $17,844 $1,630,100 $1,465,600 $164,500
2019 $13,760 $1,445,800 $1,285,900 $159,900
2018 $14,948 $1,283,700 $1,143,900 $139,800
2017 $11,426 $1,275,400 $1,143,900 $131,500
2016 $11,332 $896,600 $785,100 $111,500
2014 $9,400 $935,300 $822,400 $112,900
2013 $9,400 $709,700 $613,100 $96,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1726160

Northwest Multiple Listing Service (NWMLS)

APN: 022130-3020