Listed by Paramount Real Estate Group
$525,000
$50K PRICE DROP

5119 38th Ave NW Gig Harbor, WA 98335

Estimated payment $3,273/month

Total Views 4,841
2 Beds
1 Bath
1,034 Sq Ft
$508 Price per Sq Ft

Highlights

  • RV Access or Parking
  • 1.12 Acre Lot
  • Territorial View
  • Harbor Heights Elementary School Rated A-
  • Wooded Lot
  • Traditional Architecture

About This Home

Step back in time with this nostalgic 1935 vintage home nestled on 1.12 level acres of close-in convenience and solitude. Located within the city limits of Gig Harbor, WA, this 2 BR, 1 BA home offers endless potential, whether restoring its classic charm or re-imagining the space and building your custom dream home. Ideally located near parks, schools, delightful restaurants, and everyday conveniences, this property is a rare find and combines tranquility with accessibility to all things Gig Harbor. This property has been in the same family for decades and many fond memories have been experienced here. Easy access to Hwy 16, too. There is an additional parcel for sale that is connected to this parcel if an estate-like setting is desired.

Listing Agent

Randy Knapp

Paramount Real Estate Group License #47316 Listed on: 06/03/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2386158

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,380

Year Built

  • Built in 1935

Lot Details

  • 1.12 Acre Lot
  • Dirt Road
  • Street terminates at a dead end
  • Brush Vegetation
  • Level Lot
  • Wooded Lot
  • Garden

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,034 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Territorial Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • RV Access or Parking

Schools

  • Goodman Mid Middle School
  • Gig Harbor High School

Utilities

  • Forced Air Heating System
  • Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Secondary HOA Phone (253) 677-9014
  • Midway Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,380

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 11 - 1 1/2 Story
  • Year Built: 1935
  • Inclusions: Dryer(s),Washer(s)
  • MLS Status: Active
  • Prev Status: Active
  • Architectural Style: Traditional
  • New Construction: No
  • CalculatedSquareFootage: 1034
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2386158?w=Consumer&agent=28399
  • Special Features: None
  • Cumulative Days on Market: 49

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dryer(s), Washer(s)
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Fireplace, Water Heater
  • Living Area: 1034
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Bathrooms: 0.75
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 1034
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dryer(s),Washer(s)
  • NWM_NumberOfBathtubs: 0
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street, Dirt Road
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: House
  • BusLineNearby: false

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Driveway, RV Parking

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: Peninsula Light Co.
  • SewerCompany: Septic
  • WaterCompany: Washington Water
  • WaterHeaterLocation: Bathroom
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Senior Community: No
  • Phone: 253-677-9014
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 0221173011
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 1.12
  • Lot Size Sq Ft: 48787
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: RV Parking
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Oil, Wood

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2025
  • Tax Annual Amount: 4380

Multi Family

  • EnergySource: Electric,Oil,Wood

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,116 $520,600 $360,000 $160,600
2024 $4,116 $520,800 $349,300 $171,500
2023 $4,116 $484,500 $332,300 $152,200
2022 $3,641 $490,200 $340,800 $149,400
2021 $3,377 $346,100 $230,000 $116,100
2019 $2,699 $312,000 $202,400 $109,600
2018 $2,616 $286,200 $180,400 $105,800
2017 $2,204 $253,600 $154,000 $99,600
2016 $2,067 $197,800 $113,500 $84,300
2014 $1,985 $190,200 $110,000 $80,200
2013 $1,985 $173,500 $103,200 $70,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Price Changed $525,000 -8.7% $508 / Sq Ft
06/03/2025 06/03/25 For Sale $575,000 -- $556 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2386158

Northwest Multiple Listing Service (NWMLS)

APN: 022117-3011