NOT LISTED FOR SALE

5724 Lagoon Ln NW Gig Harbor, WA 98335

Estimated Value: $858,000 - $1,095,000

2 Beds
1 Bath
1,502 Sq Ft
$654/Sq Ft Est. Value

Last Sold May 17, 2016

Last sale price $585,000 $389 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,925/month

79 Days on Market

Highlights

  • Boathouse
  • Low Bank Waterfront Property
  • Wood Flooring
  • Artondale Elementary School Rated A-
  • Views of a Sound
  • 1 Fireplace

About This Home

As of May 2016

The little jewel of Wollochet Bay- 50 feet of meticulously maintained waterfront nestled on the bay. Updated in 2008, you’ll love that “special something” feel that welcomes you home. Thoughtful updates include new hardwoods, remodeled kitchen w/ granite, stainless appliances, and new cabinets. Landscaped grounds, boathouse, sprinkler system, newer roof, furnace. Enjoy summer fun on the water or relax in this natural setting. Close to all Gig Harbor has to offer yet feels far away.

Last Agent to Sell the Property

Sandi Eddy

Windermere Prof Partners License #100156 Listed on: 01/04/2016

Windermere Prof Partners

Last Buyer's Agent

Richard Burrows

Coldwell Banker Bain License #109857

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM876038

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,299

Year Built

  • Built in 1940

Lot Details

  • Low Bank Waterfront Property
  • Street terminates at a dead end
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Garden

Parking

  • Attached Garage

Property Views

  • Views of a Sound
  • Bay Views

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Boathouse
  • Patio
  • Outbuilding

Utilities

  • Well
  • Septic System
  • High Speed Internet

Community Details

  • Wollochet Community

Listing and Financial Details

  • Assessor Parcel Number 4040000080

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,299

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw, French Doors, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Vinyl
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1502
  • Square Footage Finished: 1502

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Bay, Sound
  • Waterfront: Bank-Low
  • Waterfront Frontage: 50

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: Peninsula Light
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Wollochet

Schools

  • Elementary School: Artondale Elem
  • Middle School: Kopachuck Mid
  • High School: Gig Harbor High
  • School District: PEN

Lot Info

  • Lot Details: Dead End Street
  • Lot Sq Ft: 10650
  • Lot Topography Vegetation: Garden Space, Level, Terraces
  • Parcel Number: 4040000080
  • Lot Topography: Garden Space, Level, Terraces

Tax Info

  • Tax Amount: 4183

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2016
Closed on
Apr 29, 2016
Sold by
Gustin Margaret J
Bought by
Diederich Paul Winfield and Diederich Debbie Sue
Seller's Agent
Sandi Eddy
Windermere Prof Partners
Buyer's Agent
Richard Burrows
Coldwell Banker Bain
List Price
$599,000
Sold Price
$585,000
Premium/Discount to List
-$14,000
-2.34%
Current Estimated Value
$981,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,817
Avg. Annual Appreciation
5.63%
Original Mortgage
$468,000
Outstanding Balance
$373,166
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$608,651

Purchase Details

Closed on
Oct 30, 2008
Sold by
Gustin Margaret J
Bought by
Gustin Margaret J and The Gustin Family Living Trust

Purchase Details

Closed on
Sep 2, 2008
Sold by
Gustin Margaret J
Bought by
Gustin Margaret J

Purchase Details

Closed on
May 12, 2003
Sold by
Gustin Duaine N
Bought by
Gustin Duaine N and Gustin Margaret J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2001
Sold by
Gustin Duaine N
Bought by
Gustin Duaine N and Gustin Margaret J

Purchase Details

Closed on
Mar 8, 2001
Sold by
Gustin Duaine N
Bought by
Gustin Duaine N and Gustin Margaret J

Purchase Details

Closed on
Dec 13, 1993
Sold by
Town Margaret J
Bought by
Town Margaret J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
7.2%
Source: Public Records

Range of Values:

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Average Value
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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
Diederich Paul Winfield $584,719 First American Title Ins Co
Gustin Margaret J -- None Available
Gustin Margaret J -- None Available
Gustin Duaine N -- Chicago Title
Gustin Duaine N -- Chicago Title
Gustin Duaine N -- Chicago Title
Gustin Duaine N -- --
Gustin Duaine N -- --
Town Margaret J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diederich Paul Winfield $468,000
Previous Owner Gustin Duaine N $145,000
Previous Owner Town Margaret J $134,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2016 05/17/16 Sold $585,000 -2.3% $389 / Sq Ft
03/24/2016 03/24/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $599,000 -- $399 / 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 $9,299 $1,040,700 $617,100 $423,600
2024 $9,299 $962,000 $572,800 $389,200
2023 $9,299 $978,900 $609,700 $369,200
2022 $7,183 $960,200 $609,700 $350,500
2021 $7,555 $687,800 $443,400 $244,400
2019 $5,314 $562,100 $317,900 $244,200
2018 $5,674 $492,500 $282,800 $209,700
2017 $4,238 $481,000 $282,800 $198,200
2016 $4,183 $334,500 $177,900 $156,600
2014 $4,067 $342,600 $186,300 $156,300
2013 $4,067 $314,900 $169,600 $145,300
Source: Public Records

Agents Affiliated with this Home

  • Sandi Eddy

    Seller's Agent in 2016

    Sandi Eddy

    Windermere Corporate

    (253) 226-9915

    1 in this area

    20 Total Sales

    Sandi Eddy
    Section Image
  • Richard Burrows

    Buyer's Agent in 2016

    Richard Burrows

    Coldwell Banker Bain

    (253) 363-1333

    10 in this area

    133 Total Sales

    Richard Burrows
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM876038

Northwest Multiple Listing Service (NWMLS)

APN: 404000-0080

Washington Pierce County Gig Harbor 98335

5724 Lagoon Ln NW, Gig Harbor, WA

This home is located at 5724 Lagoon Ln NW, Gig Harbor, WA 98335 since 04 January 2016 and is currently estimated at $981,817, approximately $653 per square foot. This property was built in 1940. 5724 Lagoon Ln NW is a home located in Pierce County with nearby schools including Artondale Elementary School, Kopachuck Middle School, and Gig Harbor High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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