Listed by RE/MAX Exclusive, Bought with Windermere Prof Partners
NOT LISTED FOR SALE

4712 Reid Dr NW Unit 1-2 Gig Harbor, WA 98335

Estimated Value: $581,000 - $739,000

4 Beds
2 Baths
1,768 Sq Ft
$370/Sq Ft Est. Value

Last Sold April 05, 2016

Last sale price $249,000 $141 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $3,871/month

3 Days on Market

Highlights

  • Corner Lot
  • Patio
  • Property is in very good condition
  • Harbor Heights Elementary School Rated A-
  • High Speed Internet
  • Partially Fenced Property

About This Home

As of April 2016

Spectacular location, close to HWY 16, Uptown, & the waterfront. Two bedrooms, one bathroom, and attached carport per unit with storage. Newer paint, & all windows & sliders have been updated to vinyl. Both the heat pump & furnace were replaced in 2008. Extremely low maintenance, with mature, natural landscaping. Awesome long-term tenants! More photos soon!

Last Agent to Sell the Property

Julia Runyan

RE/MAX Exclusive License #6074 Listed on: 02/05/2016

RE/MAX Exclusive

Co-Listed By

Haley Berglund

RE/MAX Exclusive License #119910

Last Buyer's Agent

Home in The Harbor

Windermere Prof Partners License #5295

Windermere Prof Partners

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 890097

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,372

Year Built

  • Built in 1974

Lot Details

  • 0.51 Acre Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Corner Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,768 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 2 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Harbor Heights Elementary School
  • Goodman Mid Middle School
  • Gig Harbor High School

Utilities

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

Community Details

  • Gig Harbor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0221205006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,372

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1974
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1768
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 339

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Heat Pump, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

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

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electric
  • PowerCompany: Peninsula
  • SewerCompany: Septic
  • WaterCompany: Rainierview
  • WaterSewerGarbage: 540

Schools

  • Junior High Dist: Peninsula
  • High School: Gig Harbor High
  • Middle Or Junior School: Goodman Mid

Lot Info

  • Parcel Number: 0221205006
  • Lot Size Acres: 0.5142
  • Lot Size Sq Ft: 22400
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Public Record
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 20100
  • Net Operating Income: 16588
  • Number Of Units Total: 6
  • Insurance Expense: 600
  • Leasable Area: 1768
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2015
  • Tax Annual Amount: 2372

MLS Schools

  • Elementary School: Harbor Heights Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2016
Closed on
Mar 29, 2016
Sold by
Bbird Llc
Bought by
Haug Asset Management Llc
Seller's Agent
Julia Runyan
RE/MAX Exclusive
Buyer's Agent
Home in The Harbor
Windermere Prof Partners
List Price
$259,000
Sold Price
$249,000
Premium/Discount to List
-$10,000
-3.86%
Current Estimated Value
$629,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,984
Avg. Annual Appreciation
10.56%

Purchase Details

Closed on
Nov 18, 2009
Sold by
Price William G and Price Berrit L
Bought by
Bbird Llc

Purchase Details

Closed on
Apr 9, 2003
Sold by
Hanson Lorraine E
Bought by
Price William G and Price Berrit L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.6%

Purchase Details

Closed on
May 31, 1995
Sold by
Meyer Frederick G
Bought by
Hanson Keith H and Hanson Lorraine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.32%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Haug Asset Management Llc $248,719 Wfg National Title Company
Bbird Llc -- None Available
Price William G $150,000 First American Title Co
Hanson Keith H $113,000 Rainier Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Price William G $120,000
Previous Owner Hanson Keith H $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2016 04/05/16 Sold $249,000 -3.9% $141 / Sq Ft
02/09/2016 02/09/16 Pending -- -- --
02/05/2016 02/05/16 For Sale $259,000 -- $146 / 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 $4,707 $514,700 $305,700 $209,000
2024 $4,707 $505,900 $296,700 $209,200
2023 $4,707 $481,900 $282,200 $199,700
2022 $4,182 $482,600 $289,400 $193,200
2021 $3,878 $341,700 $195,400 $146,300
2019 $3,070 $300,900 $164,600 $136,300
2018 $3,012 $275,500 $146,700 $128,800
2017 $2,583 $246,600 $125,200 $121,400
2016 $2,372 $195,400 $92,300 $103,100
2014 $2,138 $187,400 $89,500 $97,900
2013 $2,138 $171,300 $81,400 $89,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 890097

Northwest Multiple Listing Service (NWMLS)

APN: 022120-5006