Listed by Infinity Real Estate, LLC, Bought with Coldwell Banker Bain
NOT LISTED FOR SALE

53 Raft Island Dr NW Gig Harbor, WA 98335

Estimated Value: $2,869,000 - $3,765,000

4 Beds
3.5 Baths
5,460 Sq Ft
$602/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $3,600,000 $659 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $19,627/month

28 Days on Market

Highlights

  • 190 Feet of Waterfront
  • Views of a Sound
  • RV Access or Parking
  • Voyager Elementary School Rated A-
  • Community Boat Launch
  • Two Primary Bedrooms

About This Home

As of July 2023

Introducing the crown jewel of Raft Island, & one of Gig Harbor’s most exciting waterfront retreats. Proudly & perfectly perched above 190 ft of shoreline, showcasing awe inspiring southwestern views like no other, this Hampton’s/Nantucket inspired haven evokes a lifestyle of relaxed, coastal sophistication, & love of elegant indoor-outdoor living, offering something for everyone. Views from every room, exceptional millwork & top of the line everything are the fine art of this 5500 sf masterpiece. Designed for entertaining & enjoyment, from the incredible kitchen & dining breezeway to the 860 sf rec room, or the Penn blue stone veranda, to the warm rocky beach, every turn is a creative new invitation to unwind & live your best life!

Last Agent to Sell the Property

Jennie Wetter

Infinity Real Estate, LLC License #49825 Listed on: 05/17/2023

Infinity Real Estate, LLC

Last Buyer's Agent

Jim Muenz

Coldwell Banker Bain License #2748

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2069033

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,364

Year Built

  • Built in 1990

Lot Details

  • 2.57 Acre Lot
  • 190 Feet of Waterfront
  • Home fronts a sound
  • Southwest Facing Home
  • Gated Home
  • Partially Fenced Property
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Wooded Lot
  • Property is in very good condition
  • Zoning described as R10

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • RV Access or Parking

Property Views

  • Views of a Sound
  • Bay
  • Mountain

Home Design

  • Cape Cod Architecture
  • Poured Concrete
  • Metal Roof
  • Stone Siding
  • Cement Board or Planked

Interior Spaces

  • 5,460 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Dining Room

Kitchen

  • Double Oven
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Sport Court
  • Deck
  • Patio
  • Gazebo
  • Outbuilding

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 7,8
  • Assessor Parcel Number 4995000101

Community Details

Overview

  • Carolyn Tucker HOA Comm Solutions Association
  • Secondary HOA Phone (253) 985-3812
  • Raft Island Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Boat Launch
  • Sport Court
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,364

Year Built

Built in 1990

Lot Details

0

HOA Fees

$165 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1990
  • Inclusions: Dishwasher,DoubleOven,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Cape Cod
  • Building Name: Raft Island
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 5460
  • EffectiveYearBuiltSource: See Remarks
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 810

Interior Features

  • Fireplaces: 4
  • Basement: None
  • Appliances: Dishwasher, Double Oven, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, See Remarks, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet, Wet Bar, Second Primary Bedroom, Wired for Generator, Bath Off Primary, Built-In Vacuum, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace (Primary Bedroom), High Tech Cabling, Security System, Vaulted Ceiling(s), Walk-In Closet(s), Fireplace, Water Heater
  • Living Area: 5460
  • Main Level Bedrooms: 1
  • Bathrooms: 3
  • BathsFullMain: 0
  • FireplacesMain: 4
  • SquareFootageFinished: 5460
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Microwave,Refrigerator,Stove/Range,Washer
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Metal
  • View: Bay, Mountain(s), Sound
  • Lot Features: Paved, Secluded
  • View: Yes
  • Waterfront Features: Bank-Medium, Saltwater, Sound
  • Waterfront: Yes
  • Direction Faces: Southwest
  • Exterior Features: Cement Planked, Stone
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • WaterfrontFootage: 190
  • WaterAccess: Community Waterfront/Pvt Beach,Deeded Access,Tideland Rights

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: Peninsula Light
  • SewerCompany: Septic
  • WaterCompany: Washington Water
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Community Features: Athletic Court, Boat Launch, CCRs, Park
  • Senior Community: No
  • Association Fee: 165
  • Association Fee Frequency: Monthly
  • Phone: 253-985-3812
  • Association: Yes
  • AssociationContactName: Carolyn Tucker - HOA Comm Solutions

Schools

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

Lot Info

  • Parcel Number: 4995000101
  • Topography: Level,Sloped
  • Land Lease: No
  • Lot Size Acres: 2.5733
  • Lot Size: Irregular
  • Lot Size Sq Ft: 112095
  • Zoning Description: R10
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Athletic Court,Cabana/Gazebo,Cable TV,Deck,Fenced-Partially,Gated Entry,High Speed Internet,Outbuildings,Patio,RV Parking,Sprinkler System
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Plans
  • ZoningJurisdiction: County
  • LotNumber: 7,8

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: true

Tax Info

  • Year: 2023
  • Tax Annual Amount: 17364

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Voyager Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2023
Closed on
Jul 5, 2023
Sold by
Failla Gregory A and Failla Kristine A
Bought by
Senderos De Ballenas Llc
Seller's Agent
Jennie Wetter
Infinity Real Estate, LLC
Buyer's Agent
Jim Muenz
Coldwell Banker Bain
List Price
$3,750,000
Sold Price
$3,600,000
Premium/Discount to List
-$150,000
-4%
Views
68
Current Estimated Value
$3,284,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$315,665
Avg. Annual Appreciation
-4.18%

Purchase Details

Closed on
May 29, 2001
Sold by
Brown Edward R
Bought by
Failla Gregory A and Failla Kristine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,200
Interest Rate
7.15%

Purchase Details

Closed on
Dec 2, 1997
Sold by
Duncan Jon M
Bought by
Brown Edward R and Brown Pamela Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.19%
Source: Public Records

Range of Values:

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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
Senderos De Ballenas Llc $3,600,000 Wfg National Title Company Of
Failla Gregory A $624,000 Commonwealth Title Co
Brown Edward R $490,000 Commonwealth Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Senderos De Ballenas Llc $2,520,000
Previous Owner Failla Gregory A $741,000
Previous Owner Failla Gregory A $450,000
Previous Owner Failla Gregory A $517,000
Previous Owner Failla Gregory A $350,000
Previous Owner Failla Gregory A $250,000
Previous Owner Failla Gregory A $124,750
Previous Owner Failla Gregory A $554,000
Previous Owner Failla Gregory A $499,200
Previous Owner Brown Edward R $360,000
Closed Failla Gregory A $62,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $3,600,000 -4.0% $659 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $3,750,000 -- $687 / 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 $18,793 $2,682,200 $1,044,900 $1,637,300
2024 $18,793 $2,662,500 $1,044,900 $1,617,600
2023 $18,793 $1,993,800 $940,400 $1,053,400
2022 $13,363 $1,958,400 $940,400 $1,018,000
2021 $14,125 $1,297,000 $640,900 $656,100
2019 $13,101 $1,307,000 $635,900 $671,100
2018 $13,929 $1,233,200 $600,900 $632,300
2017 $11,802 $1,198,100 $600,900 $597,200
2016 $10,464 $1,024,000 $482,400 $541,600
2014 $10,583 $871,500 $372,800 $498,700
2013 $10,583 $986,700 $506,600 $480,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2069033

Northwest Multiple Listing Service (NWMLS)

APN: 499500-0101