Listed by Keller Williams Rty Tacoma, Bought with Better Properties Real Estate
NOT LISTED FOR SALE

4587 Hidden Haven Ln NW Unit 4589 Gig Harbor, WA 98335

Estimated Value: $743,000 - $782,000

4 Beds
3 Baths
8,395 Sq Ft
$91/Sq Ft Est. Value

Last Sold June 19, 2015

Last sale price $1,000,000 $119 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $4,431/month

4 Days on Market

Highlights

  • 4.02 Acre Lot
  • Secluded Lot
  • Partially Fenced Property
  • Discovery Elementary School Rated A-
  • High Speed Internet
  • Wood Siding

About This Home

As of June 2015

How often do you get to buy the whole street? 4 Private, quiet, well maintained, solid investment duplexes. 4 separate parcels here so you can purchase all buildings separately to make financing easier (simultaneous closing is required) or compile some friends that have always wanted to invest in rentals.Potential to possibly divide another homesite off for another duplex/home(buyer to verify and we did not add to the price for that opportunity).Gig Harbor Duplexes are rare, so jump on this one.

Last Agent to Sell the Property

Mark Johnson

Keller Williams Rty Tacoma License #17416 Listed on: 05/01/2015

Last Buyer's Agent

Susan Lanser

Better Properties Real Estate License #27582

Better Properties Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 780017

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,840

Year Built

  • Built in 1977

Lot Details

  • 4.02 Acre Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot
  • Property is in good condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 8,395 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Utilities

  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Artondale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0221075002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,840

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1977
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 8395
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved, Secluded
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electric
  • PowerCompany: Peninsula
  • SewerCompany: Septic
  • WaterSewerGarbage: 2722

Schools

  • Junior High Dist: Peninsula
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 0221075002
  • Lot Size Acres: 4.02
  • Lot Size Sq Ft: 175110
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: Pierce County Records

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 7235

Multi Family

  • Gross Scheduled Income: 86820
  • Net Operating Income: 70013
  • Number Of Units Total: 8
  • Electric Expense: 152
  • Insurance Expense: 4092
  • Leasable Area: 8395
  • UnitsInBuildingTotal: 8
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2015
  • Tax Annual Amount: 9840

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2015
Closed on
Jun 10, 2015
Sold by
Hall Rose Ann
Bought by
Hidden Haven Lane Llc
Seller's Agent
Mark Johnson
Keller Williams Rty Tacoma
Buyer's Agent
Susan Lanser
Better Properties Real Estate
List Price
$970,000
Sold Price
$1,000,000
Premium/Discount to List
$30,000
3.09%
Current Estimated Value
$767,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$232,333
Avg. Annual Appreciation
-2.52%

Purchase Details

Closed on
Aug 18, 2003
Sold by
Price Donald R
Bought by
Price Donald R and Price Sally C

Purchase Details

Closed on
Oct 18, 2002
Sold by
Hall Terrence A
Bought by
Hall Terrence A and Hall Rose Ann

Purchase Details

Closed on
Aug 22, 2002
Sold by
Price Partnership Gig Harbor
Bought by
Hall Terrence A and Hall Rose Ann

Purchase Details

Closed on
Aug 9, 2002
Sold by
Price Veronica Smith
Bought by
Price Partnership Gig Harbor
Source: Public Records

Range of Values:

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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
Hidden Haven Lane Llc $349,719 First American Title Ins Co
Price Donald R -- --
Hall Terrence A -- Fidelity National Title Comp
Hall Terrence A -- Fidelity National Title Co
Price Partnership Gig Harbor -- Fidelity National Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2015 06/19/15 Sold $1,000,000 +3.1% $119 / Sq Ft
05/11/2015 05/11/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $970,000 -- $116 / 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 $4,471 $568,600 $298,200 $270,400
2024 $4,471 $542,100 $285,300 $256,800
2023 $4,471 $526,500 $285,300 $241,200
2022 $3,981 $519,900 $285,300 $234,600
2021 $3,644 $373,600 $195,100 $178,500
2019 $2,947 $338,400 $164,900 $173,500
2018 $2,908 $312,700 $146,700 $166,000
2017 $2,405 $282,000 $125,700 $156,300
2016 -- $213,000 $93,000 $120,000
2014 $2,127 $207,100 $85,000 $122,100
2013 $2,127 $192,900 $81,500 $111,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 780017

Northwest Multiple Listing Service (NWMLS)

APN: 022107-5002