Listed by Windermere Prof Partners, Bought with Brightline Realty
NOT LISTED FOR SALE

5528 Timber Ln NW Gig Harbor, WA 98335

Estimated Value: $2,107,000 - $2,463,787

4 Beds
8 Baths
4,834 Sq Ft
$473/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $2,000,000 $414 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $13,483/month

Highlights

  • Stables
  • Wine Cellar
  • 10.17 Acre Lot
  • Artondale Elementary School Rated A-
  • RV Access or Parking
  • Fruit Trees

About This Home

As of October 2022

Luxurious, peaceful & private 10-acre estate abuts 50-acre preserve merely 5 mins to HWY 16. Beautiful custom fir finishings complement expansive open indoor & outdoor living spaces ready for entertaining! Primary suite offers perfect way to begin the day; potential to create ideal home office awaits here, too. Additional highlights include bonus room, home theater, custom built-ins & more. 1000-sq.ft. ADU w/bedroom + full bath ready for guests & Airbnb; includes huge 2,400-sq.ft., 6-car garage heated w/half bath & ready for hobbies, home business, etc. Let horses roam & raise livestock in fenced arenas & explore large private forest w/manicured trail system—bike, hike, & ride! Manicured garden beds & fruit trees are a gardener’s dream.

Last Agent to Sell the Property

Mark Bergman

Windermere Prof Partners License #71778 Listed on: 07/22/2022

Windermere Prof Partners

Last Buyer's Agent

Jennie Martirosian

Brightline Realty License #138449

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1971582

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,210

Year Built

  • Built in 2008

Lot Details

  • 10.17 Acre Lot
  • Dirt Road
  • Cul-De-Sac
  • Brush Vegetation
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Wooded Lot
  • Garden
  • Property is in very good condition

HOA Fees

  • $12 Monthly HOA Fees

Parking

  • 9 Car Garage
  • RV Access or Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Stone Siding
  • Cement Board or Planked

Interior Spaces

  • 4,834 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • 2 Fireplaces
  • Gas Fireplace
  • French Doors
  • Wine Cellar
  • Dining Room
  • Territorial Views

Kitchen

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

Flooring

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

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Additional Homes

  • 1,000 SF Accessory Dwelling Unit
  • ADU includes 1 Bedroom and 1 Bathroom

Schools

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

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables
  • Arena

Utilities

  • Heat Pump System
  • Propane
  • Shared Well
  • Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Timber Lane Mike Gurley Association
  • Artondale Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 0121135021

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,210

Year Built

Built in 2008

Lot Details

0

HOA Fees

$12 per month

Parking

9

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2008
  • Inclusions: Dishwasher,DoubleOven,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 5834
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • AccessoryDwellingUnit: DetachedDwelling
  • DetachedDwellingSqFtFinished: 1000
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Appliances: Dishwasher, Double Oven, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 4
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Concrete, Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Heat Pump, Ceramic Tile, Concrete, Hardwood, Wall to Wall Carpet, Wet Bar, Wine Cellar, Bath Off Primary, Built-In Vacuum, Double Pane/Storm Window, Sprinkler System, Dining Room, Fireplace (Primary Bedroom), French Doors, Security System, Vaulted Ceiling(s), Walk-In Pantry, Walk-In Closet(s), Water Heater
  • Living Area: 4834
  • Main Level Bedrooms: 1
  • Bathrooms: 5.5
  • BathsFullMain: 1
  • FireplacesMain: 2
  • SquareFootageFinished: 4834
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 1
  • BathsHalfLower: 0
  • BathsHalfMain: 2
  • BathsHalfUpper: 1
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 2
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Microwave,Refrigerator,Stove/Range,Washer
  • ADUBaths: 1
  • ADUBeds: 1

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Adjacent to Public Land, Cul-De-Sac, Dirt Road, Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Stone
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 9
  • Garage Spaces: 9
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Attached Garage, Detached Garage
  • Total Parking Spaces: 9

Utilities

  • Sewer: Septic Tank
  • Water Source: Shared Well
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Septic System, Natural Gas Connected, Propane, Wood, Common Area Maintenance, Road Maintenance
  • HeatingCoolingType: Forced Air,Heat Pump
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Shared well
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 140
  • Association Fee Frequency: Annually
  • Association: Yes
  • AssociationContactName: Timber Lane - Mike Gurley

Schools

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

Lot Info

  • Parcel Number: 0121135021
  • Topography: Equestrian,Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 10.17
  • Lot Size Sq Ft: 443005
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Arena-Outdoor,Cable TV,Deck,High Speed Internet,Outbuildings,Patio,RV Parking,Shop,Sprinkler System,Stable
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Natural Gas, Propane, Wood

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 14210

Multi Family

  • EnergySource: Natural Gas,Propane,Wood

MLS Schools

  • Elementary School: Artondale Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2022
Closed on
Oct 11, 2022
Sold by
Thilo Evan and Thilo Katie
Bought by
Dickson Thomas L and Dickson Christine E
Seller's Agent
Mark Bergman
Windermere Prof Partners
Buyer's Agent
Jennie Martirosian
Brightline Realty
List Price
$2,150,000
Sold Price
$2,000,000
Premium/Discount to List
-$150,000
-6.98%
Current Estimated Value
$2,286,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,929
Avg. Annual Appreciation
4.55%
Original Mortgage
$1,600,000
Outstanding Balance
$1,539,456
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$747,473

Purchase Details

Listed on
Aug 9, 2019
Closed on
Oct 1, 2019
Sold by
Ritson Jonathan and Kasper Carolyn
Bought by
Thilo Katie and Thilo Evan
Seller's Agent
Ashraf Almghri
Windermere Prof Partners
Buyer's Agent
Mark Bergman
Windermere Prof Partners
List Price
$1,500,000
Sold Price
$1,325,000
Premium/Discount to List
-$175,000
-11.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.66%
Original Mortgage
$1,058,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2009
Sold by
Buck Darren T and Buck Janet L
Bought by
Ritson Jonathan and Kasper Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage
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
Dickson Thomas L -- Ticor Title
Thilo Katie $1,325,000 Rainier Title
Ritson Jonathan $930,000 Rainier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dickson Thomas L $1,600,000
Previous Owner Thilo Katie $1,058,500
Previous Owner Ritson Jonathan $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2022 10/14/22 Sold $2,000,000 -7.0% $414 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
08/07/2022 08/07/22 For Sale $2,150,000 0.0% $445 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $2,150,000 +62.3% $445 / Sq Ft
10/11/2019 10/11/19 Sold $1,325,000 -11.7% $274 / Sq Ft View Prior Sale
09/05/2019 09/05/19 Pending -- -- --
08/09/2019 08/09/19 For Sale $1,500,000 -- $310 / 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 $16,160 $1,931,500 $672,000 $1,259,500
2024 $16,160 $1,840,800 $650,300 $1,190,500
2023 $16,160 $1,712,200 $650,300 $1,061,900
2022 $14,210 $1,739,600 $650,300 $1,089,300
2021 $13,412 $1,230,800 $450,900 $779,900
2019 $12,022 $1,196,700 $437,800 $758,900
2018 $12,170 $1,130,500 $389,600 $740,900
2017 $10,256 $1,045,200 $333,700 $711,500
2016 $9,607 $828,200 $246,900 $581,300
2014 $9,189 $799,200 $225,700 $573,500
2013 $9,189 $777,900 $242,800 $535,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1971582

Northwest Multiple Listing Service (NWMLS)

APN: 012113-5021