NOT LISTED FOR SALE

5102 Picnic Point Dr NW Gig Harbor, WA 98335

Estimated Value: $1,634,000 - $1,926,000

3 Beds
1 Bath
4,198 Sq Ft
$429/Sq Ft Est. Value

Last Sold September 21, 2017

Last sale price $1,010,000 $241 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $10,783/month

110 Days on Market

Highlights

  • Views of a Sound
  • Docks
  • Community Boat Launch
  • Harbor Heights Elementary School Rated A-
  • Property Fronts a Bay or Harbor
  • Spa

About This Home

As of September 2017

Stunning NW Custom Remodel exudes 165' of waterfront in picturesque setting. A sophisticated lifestyle w/no bank sound access, 150' of tidelands & sit'd on level 1/2 Acre. Enjoy raking clams, oysters + boating from your own prvt dock. High-end finishes w/3 + Den or optn'l 4 bdrms. Enjoy 2 Mstr Stes (1 main), Bonus rm & ease in entertaining. Open Kit w/slab gran, Viking range & eating bar extends to living, family & dining accessing deck to level lawns. Lux Mstr w/1,000 sq ft, Spa ba + frplc!

Last Agent to Sell the Property

Gretchen Allen

RE/MAX Northwest License #24008442 Listed on: 02/24/2017

RE/MAX Northwest

Last Buyer's Agent

Andre Scott

Better Properties NW License #110296

Better Properties NW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1065792

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,356

Year Built

  • Built in 1965

Lot Details

  • Property Fronts a Bay or Harbor
  • Property fronts a saltwater canal
  • Open Space
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Garden
  • Property is zoned RSR

Property Views

  • Views of a Sound
  • Bay
  • Canal
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Stucco
  • Wood Composite

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Spa
  • Tideland Water Rights
  • Docks
  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0221193036

Community Details

Overview

  • Wollochet Community

Recreation

  • Community Boat Launch

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,356

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Contemporary
  • Homebuilder: Custom
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Master Br, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Disabled Access, Fireplace In Mstr Br, French Doors, High Tech Cabling, Hot Tub/Spa, Jetted Tub, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.75
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Den or Office: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4198
  • Square Footage Finished: 4198

Exterior Features

  • Exterior: Stucco, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Bay, Canal, Mountain, Sound, Territorial
  • Waterfront: Bay, No Bank, Saltwater, Sound, Tideland Rights
  • Waterfront Frontage: 165

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air, High Efficiency (Unspecified), Wall
  • Power Company: Peninsula Light
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Private Well
  • Water Heater: In Garage-Gas
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Wollochet
  • Project: 2nd Main Flr Master Suite
  • Community Features: Boat Launch

Schools

  • Elementary School: Harbor Heights Elem
  • Middle School: Goodman Mid
  • High School: Gig Harbor High
  • School District: PEN

Lot Info

  • Lot Number: 36
  • Lot Details: Cul-De-Sac, Dead End Street, Open Space, Paved Street
  • Lot Sq Ft: 24000
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level, Partial Slope, Terraces
  • Parcel Number: 0221193036
  • Zoning Code: RSR
  • Zoning Jurisdiction: City
  • Lot Topography: Fruit Trees, Garden Space, Level, Partial Slope, Terraces

Tax Info

  • Tax Amount: 7450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2017
Closed on
Sep 15, 2017
Sold by
Montgomery Jon M
Bought by
Airey Brian and Airey Jennifer
Seller's Agent
Gretchen Allen
RE/MAX Northwest
Buyer's Agent
Andre Scott
Better Properties NW
List Price
$1,100,000
Sold Price
$1,010,000
Premium/Discount to List
-$90,000
-8.18%
Current Estimated Value
$1,799,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$789,308
Avg. Annual Appreciation
7.73%
Original Mortgage
$592,250
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 1997
Sold by
Main Faulene
Bought by
Montgomery Jon M and Cavanaugh Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.61%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 23, 1997
Sold by
Avco Financial Services Of Us
Bought by
Main Faulene and 5102 Picnic Point Ct Nw Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 1997
Sold by
Raskins Inc
Bought by
Avco Financial Services Of Us

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.58%
Mortgage Type
Seller Take Back
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
Airey Brian $1,009,719 Ticor Title
Montgomery Jon M $275,000 Fidelity National Title
Main Faulene $200,000 --
Avco Financial Services Of Us $304,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Airey Brian $178,000
Open Airey Brian $726,500
Closed Airey Brian $592,250
Closed Airey Brian $316,649
Previous Owner Montgomery Jon M $307,962
Previous Owner Montgomery Jon M $15,000
Previous Owner Montgomery Jon M $413,000
Previous Owner Montgomery Jon M $50,000
Previous Owner Montgomery Jon M $410,000
Previous Owner Montgomery Jon M $200,000
Previous Owner Montgomery Jon M $200,000
Previous Owner Montgomery Jon M $220,000
Previous Owner Main Faulene $200,000
Previous Owner Avco Financial Services Of Us $350,000
Closed Montgomery Jon M $41,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2017 09/21/17 Sold $1,010,000 -2.4% $241 / Sq Ft
06/15/2017 06/15/17 Pending -- -- --
06/02/2017 06/02/17 Price Changed $1,035,000 -5.9% $247 / Sq Ft
02/24/2017 02/24/17 For Sale $1,100,000 -- $262 / 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 $14,356 $1,652,900 $718,200 $934,700
2024 $14,356 $1,523,200 $666,600 $856,600
2023 $14,356 $1,519,500 $709,600 $809,900
2022 $10,969 $1,484,400 $709,600 $774,800
2021 $11,538 $1,057,200 $516,100 $541,100
2019 $8,929 $956,100 $434,200 $521,900
2018 $9,489 $836,400 $386,200 $450,200
2017 $7,844 $812,400 $386,200 $426,200
2016 $7,771 $631,300 $265,000 $366,300
2014 $7,597 $644,700 $277,700 $367,000
2013 $7,597 $602,500 $254,300 $348,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1065792

Northwest Multiple Listing Service (NWMLS)

APN: 022119-3036