Listed by Virgil Adams Real Estate, Inc., Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

555 3rd Ln Fox Island, WA 98333

Estimated Value: $1,559,000 - $1,856,000

4 Beds
3.5 Baths
3,454 Sq Ft
$494/Sq Ft Est. Value

Last Sold February 06, 2024

Last sale price $1,450,000 $420 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $10,691/month

78 Days on Market

Highlights

  • Views of a Sound
  • RV Access or Parking
  • Deck
  • Voyager Elementary School Rated A-
  • Gated Community
  • Wood Burning Stove

About This Home

As of February 2024

The Peak of Custom Perfection on the highest lot in Fox Island Estates just a few minutes from Gig Harbor. Unobstructed, 180-degree, Westerly view of the Puget Sound & the Olympic Mts. Enjoy vibrant sunsets & stargaze from this picturesque setting. Gorgeous Oak floors on main & upper levels. Owners' Ste on Main level w/private patio. 2nd staircase takes you to the upper floor w/ 2 generous brs & full bath, each w/ their own stunning views. Grand staircase curves down from the entry to the daylight level of the home where you'll find an expansive family rm, private br w/ its' own private entrance (ADU?), 3/4 bath & access to unfinished portion of the basement including a superb shop area. Unmatched Island life at its' finest.

Last Agent to Sell the Property

Carla Boyer

Virgil Adams Real Estate, Inc. License #38216 Listed on: 10/06/2023

Last Buyer's Agent

Harmanpreet Singh

Skyline Properties, Inc. License #129756

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2169093

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,346

Year Built

  • Built in 1997

Lot Details

  • 1 Acre Lot
  • Street terminates at a dead end
  • West Facing Home
  • Gated Home
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Property is in very good condition

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • RV Access or Parking

Property Views

  • Views of a Sound
  • Bay
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Tile Roof
  • Wood Siding

Interior Spaces

  • 3,454 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • 2 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • French Doors
  • Dining Room
  • Partially Finished Basement
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • High Efficiency Heating System
  • Heat Pump System
  • Generator Hookup
  • Propane
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3000360100

Community Details

Overview

  • Kate Allison President Of HOA
  • Secondary HOA Phone (408) 314-2562
  • Fox Island Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,346

Year Built

Built in 1997

Lot Details

0

HOA Fees

$58 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 1997
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 3454
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: true
  • Special Features: VirtualTour
  • Cumulative Days on Market: 628

Interior Features

  • Fireplaces: 2
  • Basement: Daylight, Partially Finished, Unfinished
  • Appliances: Dishwasher, Dryer, Disposal, 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: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Ceramic Tile, Hardwood, Wired for Generator, Bath Off Primary, Built-In Vacuum, Double Pane/Storm Window, Dining Room, French Doors, Vaulted Ceiling(s), Walk-In Pantry, Fireplace, Water Heater
  • Living Area: 3454
  • Main Level Bedrooms: 1
  • Bathrooms: 3
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 3454
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • FireplacesLower: 1
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Tile
  • View: Bay, Mountain(s), Sound, Territorial
  • Lot Features: Curbs, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House

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: Forced Air
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Forced Air, Heat Pump, Stove/Free Standing
  • Heating Yn: Yes
  • PowerCompany: Peninsula Light
  • SewerCompany: septic
  • WaterCompany: Fox Island Water
  • WaterHeaterLocation: closet and basement (2 water heaters)
  • WaterHeaterType: electric

Condo/Co-op/Association

  • Community Features: CCRs, Gated
  • Senior Community: No
  • Association Fee: 700
  • Association Fee Frequency: Annually
  • Phone: 408-314-2562
  • Association: Yes
  • AssociationContactName: Kate Allison President of HOA

Schools

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

Lot Info

  • Parcel Number: 3000360100
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 1
  • Lot Size: irregular
  • Lot Size Sq Ft: 43562
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,Gated Entry,High Speed Internet,Patio,Propane,RV Parking,Shop,Sprinkler System
  • MLSLotSizeSource: assessor
  • MLSSquareFootageSource: assessor
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 14346

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Voyager Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2023
Closed on
Jan 18, 2024
Sold by
Living Trust
Bought by
Rishi Saurabh and Rishi Shohrat
Seller's Agent
Carla Boyer
Virgil Adams Real Estate, Inc.
Buyer's Agent
Harmanpreet Singh
Skyline Properties, Inc.
List Price
$1,650,000
Sold Price
$1,450,000
Premium/Discount to List
-$200,000
-12.12%
Views
82
Current Estimated Value
$1,713,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,451
Avg. Annual Appreciation
13.63%
Original Mortgage
$1,160,000
Outstanding Balance
$1,145,339
Interest Rate
7.75%
Mortgage Type
Construction
Estimated Equity
$613,143

Purchase Details

Closed on
May 5, 1997
Sold by
Judd Ben
Bought by
Judd Benjamin W

Purchase Details

Closed on
Jul 31, 1996
Sold by
Fox Island Estates Partnership
Bought by
Judd Ben
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
Rishi Saurabh $1,450,000 Puget Sound Title Company
Judd Benjamin W -- --
Judd Ben $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rishi Saurabh $500,000
Closed Rishi Saurabh $660,000
Open Rishi Saurabh $1,160,000
Previous Owner Judd Benjamin W $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2024 02/06/24 Sold $1,450,000 -3.0% $420 / Sq Ft
12/23/2023 12/23/23 Pending -- -- --
12/02/2023 12/02/23 Price Changed $1,495,000 -4.8% $433 / Sq Ft
10/30/2023 10/30/23 Price Changed $1,570,000 -4.8% $455 / Sq Ft
10/06/2023 10/06/23 For Sale $1,650,000 -- $478 / 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 $15,011 $1,806,100 $845,000 $961,100
2024 $15,011 $1,711,800 $800,600 $911,200
2023 $15,011 $1,589,500 $711,600 $877,900
2022 $12,807 $1,615,300 $711,600 $903,700
2021 $11,752 $1,077,000 $455,900 $621,100
2019 $10,688 $1,065,700 $450,200 $615,500
2018 $11,080 $1,003,700 $412,700 $591,000
2017 $9,570 $950,600 $392,300 $558,300
2016 $8,259 $745,900 $281,100 $464,800
2014 $3,958 $685,800 $264,700 $421,100
2013 $3,958 $596,700 $198,600 $398,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2169093

Northwest Multiple Listing Service (NWMLS)

APN: 300036-0100