NOT LISTED FOR SALE

5108 40th St NW Gig Harbor, WA 98335

Estimated Value: $1,400,000 - $1,548,114

3 Beds
4 Baths
3,379 Sq Ft
$438/Sq Ft Est. Value

Last Sold December 15, 2020

Last sale price $1,050,000 $311 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $9,149/month

63 Days on Market

Highlights

  • Waterfront Community
  • Views of a Sound
  • Deck
  • Harbor Heights Elementary School Rated A-
  • Docks
  • 2 Fireplaces

About This Home

As of December 2020

Located in Wollochet Shores, great views from every room, minutes from all local amenities, adjacent to common area and is very private. Come enjoy true Northwest serenity. Wollochet Shores offers a community dock & community buoys are coming. The home offers a new kitchen w/quartz counters & Thermador appliances, new bathrooms, new flooring, new trim work, new roof, new water heater, plus an awesome composite deck making for wonderful gatherings. Come take a look.

Last Agent to Sell the Property

Darren Rivers

Real Broker LLC License #25011186 Listed on: 09/11/2020

Real Broker LLC

Last Buyer's Agent

Gaye Scheel

Better Properties N. Proctor License #4914

Better Properties N. Proctor

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1660990

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,609

Year Built

  • Built in 1991

Lot Details

  • Cul-De-Sac
  • Level Lot
  • Sprinkler System

Parking

  • Attached Garage

Property Views

  • Views of a Sound
  • Bay
  • Mountain
  • Territorial

Home Design

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

Interior Spaces

  • 2 Fireplaces

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deck
  • Patio

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 400030-009-0

Community Details

Overview

  • Wollochet Bay Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,609

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Master Br, Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, French Doors, Jetted Tub, Security System, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Laminate
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 3.50
  • Total Full Bathrooms: 3
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3379
  • Square Footage Finished: 3379

Exterior Features

  • Exterior: Brick, Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Bay, Mountain, Sound, Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Forced Air, Heat Pump
  • Power Company: Peninsula Light
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Strohs
  • Water Heater: Garage-Gas
  • Water Source: Community

Condo/Co-op/Association

  • HOA Fees: 92
  • Community Name: Wollochet Bay
  • Community Features: CCRs, Community Waterfront/Pvt Beach

Schools

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

Lot Info

  • Lot Details: Cul-De-Sac, Paved Street
  • Lot Sq Ft: 13802
  • Lot Topography Vegetation: Level, Partial Slope, Sloped
  • Parcel Number: 400030-009-0
  • Lot Topography: Level, Partial Slope, Sloped

Tax Info

  • Tax Amount: 9779

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Dec 1, 2020
Sold by
Scott Clayton Robert and Park Diana
Bought by
Hughes Allyn and Hughes Diana
Seller's Agent
Darren Rivers
Real Broker LLC
Buyer's Agent
Gaye Scheel
Better Properties N. Proctor
List Price
$1,085,000
Sold Price
$1,050,000
Premium/Discount to List
-$35,000
-3.23%
Current Estimated Value
$1,501,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$451,640
Avg. Annual Appreciation
7.59%
Original Mortgage
$235,000
Outstanding Balance
$173,338
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,304,296

Purchase Details

Listed on
Mar 16, 2018
Closed on
Aug 7, 2018
Sold by
Millard Virginia Ann
Bought by
Scott Clayton Robert and Park Diane
Seller's Agent
Julia Runyan
RE/MAX Exclusive
Buyer's Agent
Cheryl Will
Hawkins Poe
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.88%
Original Mortgage
$450,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 1, 2007
Sold by
Millard Virginia A
Bought by
Millard Virginia Ann and Virginia Ann Millard Revocable Living Tr

Purchase Details

Closed on
Jun 21, 1999
Sold by
Wahl John Neil and Wahl Hilde A
Bought by
Millard Charles C and Millard Virginia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Interest Rate
7.2%
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
Hughes Allyn $1,050,000 Ticor Title
Scott Clayton Robert $674,719 First American Title Insuran
Millard Virginia Ann -- Accommodation
Millard Charles C $412,950 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes Allyn M $100,000
Open Hughes Allyn $235,000
Previous Owner Scott Clayton Robert $450,000
Previous Owner Millard Charles C $239,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2020 12/15/20 Sold $1,050,000 -2.3% $311 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
10/08/2020 10/08/20 Price Changed $1,075,000 -0.9% $318 / Sq Ft
09/11/2020 09/11/20 For Sale $1,085,000 +60.7% $321 / Sq Ft
08/16/2018 08/16/18 Sold $675,000 -3.4% $200 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $699,000 0.0% $207 / Sq Ft
07/02/2018 07/02/18 Pending -- -- --
06/12/2018 06/12/18 Price Changed $699,000 -6.7% $207 / Sq Ft
05/25/2018 05/25/18 For Sale $749,000 +11.0% $222 / Sq Ft
04/24/2018 04/24/18 Off Market $675,000 -- --
03/16/2018 03/16/18 For Sale $749,000 -- $222 / 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 $11,609 $1,347,800 $600,700 $747,100
2024 $11,609 $1,297,600 $581,300 $716,300
2023 $11,609 $1,196,500 $581,300 $615,200
2022 $9,830 $1,206,400 $581,300 $625,100
2021 $9,359 $855,100 $403,100 $452,000
2019 $9,081 $862,300 $423,700 $438,600
2018 $9,059 $850,800 $377,100 $473,700
2017 $7,829 $775,100 $322,900 $452,200
2016 $7,253 $632,700 $258,800 $373,900
2014 $6,889 $601,100 $236,600 $364,500
2013 $6,889 $567,700 $229,400 $338,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1660990

Northwest Multiple Listing Service (NWMLS)

APN: 400030-0090