Listed by WSDOT/Real Estate Services, Bought with eXp Realty
NOT LISTED FOR SALE

5216 Picnic Point Ct NW Gig Harbor, WA 98335

Estimated Value: $1,363,000 - $1,764,000

4 Beds
2 Baths
2,718 Sq Ft
$564/Sq Ft Est. Value

Last Sold December 27, 2017

Last sale price $733,000 $270 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $9,462/month

198 Days on Market

Highlights

  • Views of a Sound
  • Northwest Architecture
  • 3 Fireplaces
  • Harbor Heights Elementary School Rated A-
  • Wood Flooring
  • Detached Garage

About This Home

As of December 2017

$5,000 TOWARDS BUYER'S CLOSING COSTS...MOTIVATED SELLER! Imagine the joy of living on beautiful Wollochet Bay, 95 feet of waterfront and tideland rights. Nature & watersports right out your back door. 4 bdrms (Master with sitting room, fireplace), 2 lovely bathrooms. Elegant kitchen. Cook the clams from your beach in style! 3 fireplaces, walk out rec room, tons of storage. You'll will love the outdoor fire pit and kayak launch. Perfect for get-togethers, snowbirds, vacationers, AirBnB, VRBO.

Last Agent to Sell the Property

Loretta Gilbane

WSDOT/Real Estate Services Listed on: 05/09/2017

Co-Listed By

Joan Robinson

Coldwell Banker Danforth License #24415

Last Buyer's Agent

Heidi Westgate

eXp Realty License #81458

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1112123

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,504

Year Built

  • Built in 1920

Lot Details

  • 0.59

Parking

  • Detached Garage

Property Views

  • Views of a Sound
  • Bay Views

Home Design

  • Northwest Architecture
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3 Fireplaces
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Tideland Water Rights
  • Bulkhead

Additional Features

  • Street terminates at a dead end
  • Septic System

Community Details

  • Wollochet Bay Community

Listing and Financial Details

  • Assessor Parcel Number 0221193016

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,504

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 17 - 1 1/2 Stry W/Bsmt
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, 2nd Master Br, Bath Off Master, Fireplace In Mstr Br, Loft
  • Floor Covering: Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 3
  • Bedrooms: 4.00
  • Lower Level Bedroom: 3
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 3
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight
  • Dining Room: Main
  • Living Room: Main
  • Square Footage Finished: 2718

Exterior Features

  • Exterior: Wood
  • Foundation: Post And Pillar
  • Roof: Composition
  • View: Bay
  • Waterfront: Bank-Medium, Bulkhead, Sound, Tideland Rights
  • Waterfront Frontage: 95 ft

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: Pennisula Light
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Water Company: Stroh's Water
  • Water Source: Community

Condo/Co-op/Association

  • Community Name: Wollochet Bay

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: PEN

Lot Info

  • Lot Details: Dead End Street
  • Lot Sq Ft: 25700
  • Parcel Number: 0221193016

Tax Info

  • Tax Amount: 7158

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2017
Closed on
Dec 19, 2017
Sold by
Peterson Joanna and Morley Amy
Bought by
Fugate Gary W and Fugate Dong J
Seller's Agent
Loretta Gilbane
WSDOT/Real Estate Services
Buyer's Agent
Heidi Westgate
eXp Realty
List Price
$779,000
Sold Price
$733,000
Premium/Discount to List
-$46,000
-5.91%
Current Estimated Value
$1,532,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$799,934
Avg. Annual Appreciation
10.10%
Original Mortgage
$586,400
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2016
Sold by
Grantor Joanna
Bought by
Petersen Joanna

Purchase Details

Listed on
Jul 19, 2013
Closed on
Jan 14, 2014
Sold by
Mundale Beverly J
Bought by
Petersen Ronald H and Petersen Joanna R
Seller's Agent
Trish Harrison
Windermere Prof Partners
Buyer's Agent
Loretta Gilbane
WSDOT/Real Estate Services
List Price
$640,000
Sold Price
$584,500
Premium/Discount to List
-$55,500
-8.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%

Purchase Details

Closed on
Dec 17, 2003
Sold by
Estate Of David N Riggs
Bought by
Mundale Beverly J
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
Fugate Gary W $732,719 Stewart Title
Petersen Joanna -- None Available
Petersen Ronald H $584,219 Fidelity National Title
Mundale Beverly J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fugate Gary W $671,000
Closed Fugate Gary W $669,200
Closed Fugate Gary W $586,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2017 12/27/17 Sold $733,000 -5.9% $270 / Sq Ft
11/24/2017 11/24/17 Pending -- -- --
08/30/2017 08/30/17 For Sale $779,000 0.0% $287 / Sq Ft
07/23/2017 07/23/17 Pending -- -- --
07/01/2017 07/01/17 Price Changed $779,000 -4.4% $287 / Sq Ft
06/14/2017 06/14/17 Price Changed $815,000 -6.2% $300 / Sq Ft
05/09/2017 05/09/17 For Sale $869,000 +48.7% $320 / Sq Ft
01/22/2014 01/22/14 Sold $584,500 -2.4% $215 / Sq Ft
12/20/2013 12/20/13 Pending -- -- --
09/19/2013 09/19/13 Price Changed $599,000 -6.4% $220 / Sq Ft
07/19/2013 07/19/13 For Sale $640,000 -- $235 / 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 $13,504 $1,512,300 $852,900 $659,400
2024 $13,504 $1,410,700 $791,600 $619,100
2023 $13,504 $1,428,500 $842,600 $585,900
2022 $10,388 $1,399,200 $842,600 $556,600
2021 $10,907 $998,700 $612,800 $385,900
2019 $8,406 $897,600 $512,400 $385,200
2018 $8,896 $786,600 $455,800 $330,800
2017 $7,158 $760,900 $455,800 $305,100
2016 $7,112 $574,900 $312,800 $262,100
2014 $6,838 $589,200 $327,700 $261,500
2013 $6,838 $537,000 $306,700 $230,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1112123

Northwest Multiple Listing Service (NWMLS)

APN: 022119-3016