Listed by Pro-Vision Realty Inc., Bought with Windermere Prof Partners
NOT LISTED FOR SALE

5118 81st Avenue Ct NW Gig Harbor, WA 98335

Estimated Value: $1,415,000 - $1,515,000

4 Beds
3.5 Baths
3,672 Sq Ft
$396/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $1,470,000 $400 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $8,627/month

5 Days on Market

Highlights

  • Greenhouse
  • Two Primary Bedrooms
  • Craftsman Architecture
  • Artondale Elementary School Rated A-
  • 1 Acre Lot
  • Fruit Trees

About This Home

As of May 2022

Welcome home to Lost Creek Estates in Gig Harbor! Quality craftsmanship & brilliant wood grain finishes shine throughout this 3,672 SF two ensuite home. Designed for the PNW lifestyle w/luxury in mind, including $100K in recent upgrades and high tech. Over-sized windows flood both levels with an abundance of natural ilght and views of surrounding landscape. Generous living spaces on each level extend outdoors where you will enjoy the privacy of the 1-acre lot. Interior features main level great room w/12' ceilings, home office & primary ensuite. Lower level boasts 9'+ ceilings, fully updated Jr. ensuite, complete with efficiency kitchen, additional living area, 2 additional bedrooms & 3rd bath. Too many features and upgrades to list.

Last Agent to Sell the Property

Eric Flaten

Pro-Vision Realty Inc. License #135402 Listed on: 03/25/2022

Last Buyer's Agent

Sue Davis

Windermere Prof Partners License #98392

Windermere Prof Partners

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1907209

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,084

Year Built

  • Built in 2006

Lot Details

  • 1 Acre Lot
  • Cul-De-Sac
  • Secluded Lot
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Wooded Lot
  • Garden
  • Property is in very good condition

Parking

  • 3 Car Attached Garage

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stone Siding
  • Wood Composite

Interior Spaces

  • 3,672 Sq Ft Home
  • 1-Story Property
  • 3 Fireplaces
  • French Doors
  • Dining Room
  • Territorial Views
  • Finished Basement
  • Natural lighting in basement
  • Home Security System

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Smart Technology

Outdoor Features

  • Deck
  • Patio
  • Greenhouse

Schools

  • Artondale Elementary School
  • Kopachuck Mid Middle School
  • Gig Harbor High School

Utilities

  • Heat Pump System
  • Generator Hookup
  • Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by NDK Construction
  • Artondale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 300096-001-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,084

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Accessibility Features: Smart Technology
  • Year Built: 2006
  • Inclusions: Dishwasher,DoubleOven,Dryer,Microwave,Refrigerator,StoveRange,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 3672
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 1,182

Interior Features

  • Fireplaces: 3
  • Basement: Daylight, Finished
  • Appliances: Dishwasher, Double Oven, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl Plank, Carpet
  • Interior Amenities: Forced Air, Heat Pump, Hot Water Recirc Pump, Ceramic Tile, Hardwood, Wall to Wall Carpet, Second Primary Bedroom, Wired for Generator, Dining Room, Fireplace (Primary Bedroom), French Doors, High Tech Cabling, Security System, Walk-In Pantry, Walk-In Closet(s), Water Heater
  • Living Area: 3672
  • Main Level Bedrooms: 1
  • Bathrooms: 3.25
  • BathsFullMain: 1
  • FireplacesMain: 2
  • SquareFootageFinished: 3672
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 3
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Microwave,Refrigerator,Stove/Range,Washer
  • FireplacesLower: 1

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Cul-De-Sac, Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Builder Name: NDK Construction
  • Exterior Features: Stone, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • ConstructionMethods: Double Wall

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Septic System, Electricity Available, Natural Gas Connected
  • HeatingCoolingType: Forced Air,Heat Pump,Hot Water Recirc Pump
  • PowerCompany: Peninsula Light Co.
  • WaterCompany: Peninsula Light Co.
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 300096-001-0
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 1.0017
  • Lot Size Sq Ft: 43635
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,Green House,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: Public
  • MLSSquareFootageSource: Public

Green Features

  • Efficiency: Double Wall
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 9084

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Artondale Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
May 5, 2022
Sold by
Michael Flaten Eric
Bought by
Bell Robert M and Bell Alicia M
Seller's Agent
Eric Flaten
Pro-Vision Realty Inc.
Buyer's Agent
Sue Davis
Windermere Prof Partners
List Price
$1,495,000
Sold Price
$1,470,000
Premium/Discount to List
-$25,000
-1.67%
Current Estimated Value
$1,394,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$75,610
Avg. Annual Appreciation
-1.80%
Original Mortgage
$500,000
Outstanding Balance
$474,861
Interest Rate
4.72%
Mortgage Type
Credit Line Revolving
Estimated Equity
$911,707

Purchase Details

Closed on
Oct 28, 2019
Sold by
Peterson Steven A and Peterson Pamala K
Bought by
Flaten Eric Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$747,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2007
Sold by
Ndk Construction Inc
Bought by
Peterson Steven A and Peterson Pamala K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,250
Interest Rate
6.41%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 26, 2005
Sold by
Pacific Rim Estates Ltd
Bought by
Ndk Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Bell Robert M -- Chicago Title
Flaten Eric Michael $830,000 Chicago Title Company Of Wa
Flaten Eric Michael -- Chicago Title
Peterson Steven A $756,500 Chicago Title Insurance Co
Ndk Construction Inc $570,000 Puget Sound Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Robert M $500,000
Closed Bell Robert M $647,200
Previous Owner Flaten Eric Michael $0
Previous Owner Flaten Eric M $250,000
Previous Owner Flaten Eric Michael $741,750
Previous Owner Flaten Eric Michael $747,000
Previous Owner Peterson Steven A $113,250
Previous Owner Peterson Steven A $605,200
Previous Owner Ndk Construction Inc $532,800
Previous Owner Ndk Construction Inc $513,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2022 05/16/22 Sold $1,470,000 -1.7% $400 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $1,495,000 -- $407 / 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 $11,109 $1,227,800 $340,300 $887,500
2024 $11,109 $1,193,600 $340,300 $853,300
2023 $11,109 $1,172,400 $325,100 $847,300
2022 $9,084 $1,108,900 $314,300 $794,600
2021 $8,379 $764,200 $229,800 $534,400
2019 $7,530 $737,600 $212,400 $525,200
2018 $7,531 $703,300 $192,700 $510,600
2017 $7,130 $642,300 $165,100 $477,200
2016 $6,409 $551,400 $144,400 $407,000
2014 $5,894 $530,000 $133,300 $396,700
2013 $5,894 $481,100 $127,400 $353,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1907209

Northwest Multiple Listing Service (NWMLS)

APN: 300096-0010