NOT LISTED FOR SALE

3618 Olson Dr NW Gig Harbor, WA 98335

Estimated Value: $3,801,071

12 Beds
18 Baths
18,720 Sq Ft
$203/Sq Ft Est. Value

About This Home

This home is located at 3618 Olson Dr NW, Gig Harbor, WA 98335 and is currently priced at $3,801,071, approximately $203 per square foot. 3618 Olson Dr NW is a home located in Pierce County with nearby schools including Harbor Heights Elementary School, Goodman Middle School, and Gig Harbor High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2021
Sold by
South Sound Properties Nw Llc
Bought by
Pierce County
Current Estimated Value
$3,801,071

Purchase Details

Closed on
Mar 28, 2019
Sold by
Kensington Gardens Holdings Llc
Bought by
South Sound Properties Nw Llc

Purchase Details

Closed on
May 10, 2018
Sold by
Evans Cynthia
Bought by
Kensington Gardens Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Interest Rate
4.44%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 31, 2005
Sold by
Reierson Ronald M
Bought by
Watson Mark R and Watson Kelly H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,500
Interest Rate
7.87%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 11, 2003
Sold by
Estate Of Walter Reierson
Bought by
Evans Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,200
Interest Rate
6.15%
Mortgage Type
Seller Take Back
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.

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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.

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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.

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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.

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Average Value
Not Available
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
Pierce County -- None Listed On Document
South Sound Properties Nw Llc -- Chicago Title Ncs
Kensington Gardens Holdings Llc $409,719 Wfg National Title
Watson Mark R $430,000 First American Title Ins Co
Evans Cynthia $72,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner South Sound Properties Nw Llc $5,000,000
Previous Owner Watson Mark R $725,000
Previous Owner Sauth Sound Properties Nw Llc $500,000
Previous Owner Kensington Gardens Holdings Llc $4,500,000
Previous Owner Watson Mark R $279,500
Previous Owner Evans Cynthia $21,000
Previous Owner Evans Cynthia $33,000
Previous Owner Evans Cynthia $72,200
Source: Public Records

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 $46,951 $5,574,600 $467,900 $5,106,700
2024 $46,951 $5,278,400 $452,800 $4,825,600
2023 $46,951 $5,003,900 $452,800 $4,551,100
2022 $3,156 $2,709,100 $452,800 $2,256,300
2021 $3,026 $277,400 $277,400 $0
2019 $4,071 $266,500 $266,500 $0
2018 $3,982 $374,200 $237,200 $137,000
2017 $3,295 $334,000 $203,100 $130,900
2016 $3,001 $257,200 $150,300 $106,900
2014 $3,241 $243,000 $137,400 $105,600
2013 $3,241 $253,700 $155,800 $97,900
Source: Public Records

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