Listed by Alchemy Real Estate, Bought with Windermere Prof Partners
NOT LISTED FOR SALE

2311 48th St NW Unit 2313 Gig Harbor, WA 98335

Estimated Value: $772,000 - $939,000

4 Beds
4 Baths
3,034 Sq Ft
$281/Sq Ft Est. Value

Last Sold August 16, 2023

Last sale price $720,000 $237 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,202/month

46 Days on Market

Highlights

  • Deck
  • Secluded Lot
  • Baseboard Heating
  • Harbor Heights Elementary School Rated A-
  • No HOA
  • Partially Fenced Property

About This Home

As of August 2023

A great opportunity to own a duplex just minutes from town. You will appreciate the privacy and seclusion of this home which sits in a quiet cul-de-sac. The generous sized living spaces offer plenty of room to move about, with all the amenities needed for comfortable living. The large lot and yard space is great for gardening, entertaining, or even extra parking. As you enter on the main floor you will find the livingroom, kitchen and 1/2 bath. The upper level features two bedrooms | bonus room | Walk-in closets. Each bedroom has its own sink w/ shared shower/toilet. Both units are identical and have all their own utilities. This duplex is just minutes away from the lovely downtown Gig Harbor with easy freeway access. This could be the one!

Last Agent to Sell the Property

Blake Gallagher

Alchemy Real Estate License #100023 Listed on: 04/17/2023

Alchemy Real Estate

Last Buyer's Agent

Paul Redal

Windermere Prof Partners License #43452

Windermere Prof Partners

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2056653

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,800

Year Built

  • Built in 1984

Lot Details

  • 0.51 Acre Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot

Parking

  • 2 Covered Spaces

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,034 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Vinyl

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Gig Harbor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 022120-5-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,800

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1984
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3034
  • Special Features: None
  • Cumulative Days on Market: 395

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Secluded
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Harbor Water
  • SewerCompany: Septic
  • WaterCompany: Peninsula
  • WaterSewerGarbage: 799.92

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Peninsula

Lot Info

  • Parcel Number: 022120-5-007
  • Lot Size Acres: 0.5142
  • Lot Size Sq Ft: 22400
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2600

Multi Family

  • Gross Scheduled Income: 31200
  • Net Operating Income: 2047592
  • Number Of Units Total: 2
  • Electric Expense: 3000
  • Insurance Expense: 1124.16
  • Leasable Area: 3034
  • EnergySource: Electric,Wood
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2023
Closed on
Sep 19, 2023
Sold by
Boardlife Properties Llc
Bought by
Price Family Living Trust and Price
Seller's Agent
Blake Gallagher
Alchemy Real Estate
Buyer's Agent
Paul Redal
Windermere Prof Partners
List Price
$769,950
Sold Price
$720,000
Premium/Discount to List
-$49,950
-6.49%
Views
209
Current Estimated Value
$859,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,684
Avg. Annual Appreciation
8.84%

Purchase Details

Listed on
Apr 17, 2023
Closed on
Jul 28, 2023
Sold by
Holmes Heidi C and Petersen Heidi C
Bought by
Boardlife Properties Llc
Seller's Agent
Blake Gallagher
Alchemy Real Estate
Buyer's Agent
Paul Redal
Windermere Prof Partners
List Price
$769,950
Sold Price
$720,000
Premium/Discount to List
-$49,950
-6.49%
Views
209

Purchase Details

Closed on
Apr 11, 2018
Sold by
Holmes Timothy D and Holmes Heidi C
Bought by
Holmes Heidi C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,900
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2006
Sold by
Rohwer Richard D and Rohwer Heidi R
Bought by
Holmes Timothy D and Holmes Heidi C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2000
Sold by
Robinson Amy B
Bought by
Paulson Fred M and Paulson Jane G

Purchase Details

Closed on
Jul 18, 1997
Sold by
Iverson Roger L and Iverson Marsha
Bought by
Robinson Amy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.7%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Price Family Living Trust -- None Listed On Document
Boardlife Properties Llc $720,000 Wfg National Title Company Of
Holmes Heidi C -- Title Source Inc
Holmes Timothy D $380,000 Fidelity National Title Insu
Paulson Fred M $218,000 First American Title Ins Co
Robinson Amy B $154,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holmes Heidi C $272,900
Previous Owner Holmes Timothy D $304,000
Previous Owner Rohwer Richard D $148,000
Previous Owner Robinson Amy B $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2023 08/16/23 Sold $720,000 -6.5% $237 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $769,950 -- $254 / 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 $6,218 $686,400 $305,700 $380,700
2024 $6,218 $673,300 $296,700 $376,600
2023 $6,218 $643,500 $282,200 $361,300
2022 $5,479 $637,000 $289,400 $347,600
2021 $5,171 $461,600 $195,400 $266,200
2019 $4,172 $409,700 $164,600 $245,100
2018 $4,155 $380,300 $146,700 $233,600
2017 $3,573 $345,900 $125,200 $220,700
2016 $3,322 $277,800 $92,300 $185,500
2014 $2,935 $267,400 $89,500 $177,900
2013 $2,935 $245,700 $81,400 $164,300
Source: Public Records

Agents Affiliated with this Home

  • Blake Gallagher

    Seller's Agent in 2023

    Blake Gallagher

    Alchemy Real Estate

    (206) 452-2050

    1 in this area

    112 Total Sales

    Section Image
  • Paul Redal

    Buyer's Agent in 2023

    Paul Redal

    Windermere Corporate

    (253) 677-3989

    1 in this area

    55 Total Sales

    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2056653

Northwest Multiple Listing Service (NWMLS)

APN: 022120-5007

Washington Pierce County Gig Harbor 98335

2311 48th St NW Unit 2313, Gig Harbor, WA

This home is located at 2311 48th St NW Unit 2313, Gig Harbor, WA 98335 since 17 April 2023 and is currently estimated at $853,642, approximately $281 per square foot. This property was built in 1984. 2311 48th St NW Unit 2313 is a home located in Pierce County with nearby schools including Harbor Heights Elementary School, Goodman Middle School, and Gig Harbor High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

Nearby Homes