NOT LISTED FOR SALE

Estimated Value: $300,000 - $343,168

20 Acres
$16,369 Price per Acre
871,200 Sq Ft Lot

Last Sold November 01, 2022

Last sale price $325,000

Est. 1% increase in value since last sale

Current estimated payment $2,000/month

153 Days on Market

Highlights

  • 20 Acre Lot
  • Territorial View
  • No HOA
  • Secluded Lot

About This Lot

As of November 2022

Twenty Acres of pristine lightly treed property that is waiting for your dream home(s), Potential for Four 5-acre residential parcels (buyer to verify with county), This property is located in Longbranch, the crown jewel of the Key Peninsula, 30 minutes to Gig Harbor, Costco, and YMCA. Nestled between KP’s state parks and beaches with Puget Sound for boating and fishing. Its unique location is flat and usable perfect for equestrian use, residential compound style use, or high-end private acreage for custom home sites. This is one of the largest rural land opportunities offered on the Key Peninsula. Adjacent Listing - 20 acres on Fully Fenced Property with Spring Fed Private Lake with home, shop, and detached MIL. MLS: 1880145

Last Listed By

Emily Niles

PropertiesNW of Gig Harbor Ltd License #120756 Listed on: 04/09/2022

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1914303

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,748

Lot Details

  • 20 Acre Lot
  • Secluded Lot
  • Level Lot
  • Zoning described as 9100

Property Views

  • Territorial Views

Utilities

  • Well Required
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Longbranch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0020222024

Property Details

Property Type

Land

Est. Annual Taxes

$1,748

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Brush,Comm. Grade Timber,Lightly Treed,Partially Cleared
  • Restrictions: Unknown
  • AssessmentFees: See Remarks
  • Special Features: None
  • Cumulative Days on Market: 987

Interior Features

  • Possible Use: See Remarks
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Territorial
  • Lot Features: Paved, Secluded
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: County Maintained,Paved
  • RoadOnWhichSide: East

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Not Available
  • Water Source: Well Needed
  • Electricity On Property: Yes
  • Utilities: Natural Gas Available, Electricity Connected
  • ElectricityStatus: Available
  • GasStatus: Available
  • SepticDesignInstalled: false

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Peninsula

Lot Info

  • Parcel Number: 0020222024
  • Topography: Level
  • Lot Size Acres: 20
  • Lot Size Sq Ft: 871200
  • Zoning Description: 9100
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: County
  • ZoningClass: See Remarks

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1748

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2022
Closed on
Oct 4, 2022
Sold by
Mad River Investments Llc
Bought by
Clouds Rest Living Trust
Seller's Agent
Emily Niles
PropertiesNW of Gig Harbor Ltd
Buyer's Agent
Matthew Winskill
Century 21 Blue Chip
List Price
$375,000
Sold Price
$325,000
Premium/Discount to List
-$50,000
-13.33%
Total Days on Market
153
Current Estimated Value
$327,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,389
Avg. Annual Appreciation
2.22%
Original Mortgage
$125,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2018
Sold by
Neill Kelly E O and Neill Diane E O
Bought by
Mad River Investments Llc

Purchase Details

Closed on
Feb 9, 2006
Sold by
Hagerty Land Development Inc
Bought by
Oneill Kelly and Oneill Diane

Purchase Details

Closed on
Oct 3, 2005
Sold by
Hagerty Eric
Bought by
Hagerty Land Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.68%
Mortgage Type
Credit Line Revolving

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
Clouds Rest Living Trust -- First American Title
Mad River Investments Llc $124,719 Chicago Title
Oneill Kelly $185,000 First American Title Ins Co
Hagerty Land Development Inc -- --
Hagerty Eric A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Clouds Rest Living Trust $125,000
Previous Owner Hagerty Land Development Inc $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2022 11/01/22 Sold $325,000 -13.3% --
09/09/2022 09/09/22 Pending -- -- --
06/25/2022 06/25/22 For Sale $375,000 0.0% --
04/15/2022 04/15/22 Pending -- -- --
04/09/2022 04/09/22 For Sale $375,000 -- --
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
2024 $2,215 $278,100 $278,100 --
2023 $2,215 $247,000 $247,000 $0
2022 $1,748 $214,100 $214,100 $0
2021 $1,424 $131,700 $131,700 $0
2019 $934 $106,700 $106,700 $0
2018 $968 $86,900 $86,900 $0
2017 $968 $93,100 $93,100 $0
2016 $725 $69,800 $69,800 $0
2014 $1,002 $57,100 $57,100 $0
2013 $1,002 $73,500 $73,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1914303

Northwest Multiple Listing Service (NWMLS)

APN: 002022-2024