Listed by Properties NW of Gig Harbor, Bought with BestHomesPNW
NOT LISTED FOR SALE

5912 Key Peninsula Hwy SW Longbranch, WA 98351

Estimated Value: $565,000 - $988,000

2 Beds
1 Bath
1,628 Sq Ft
$497/Sq Ft Est. Value

Last Sold March 09, 2016

Last sale price $160,000 $98 Per Sq Ft

Est. 406% increase in value since last sale

Current estimated payment $4,872/month

62 Days on Market

Highlights

  • Wooded Lot
  • Pasture
  • Gated Home
  • Territorial View
  • Detached Carport Space
  • Lot Has A Rolling Slope

About This Home

As of March 2016

MUST SEE!!! 31.5 acres of land. That's 1.37 MILLION square feet for under $190k! The existing house isn't much to look at but it has a functioning 2 bedroom septic and private well. Over 30 acres mean you could potentially subdivide into 3 parcels even in R10 designation. You won't find this much land for sale anywhere in Gig Harbor. Huge potential and possibilities await!

Last Agent to Sell the Property

Joseph Mercado

Properties NW of Gig Harbor Listed on: 12/15/2015

Co-Listed By

Jake Mercado

Properties NW of Gig Harbor

Last Buyer's Agent

Leslie Windsor

BestHomesPNW License #15318

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM877825

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,804

Year Built

  • Built in 1929

Lot Details

  • Gated Home
  • Partially Fenced Property
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • Detached Carport Space

Home Design

  • Composition Roof
  • Wood Composite

Utilities

  • Well
  • Septic System

Additional Features

  • Territorial Views
  • 1 Bathroom
  • Outbuilding
  • Pasture
  • Unfinished Basement

Community Details

  • Longbranch Community

Listing and Financial Details

  • Assessor Parcel Number 0020234003

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,804

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 17 - 1 1/2 Stry W/Bsmt
  • Building Information: Built On Lot
  • Year Built: 1929
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 0.75
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Basement: Unfinished
  • Estimated Sq Ft: 1836
  • Square Footage Finished: 1628
  • Square Footage Unfinished: 208

Exterior Features

  • Exterior: Wood Products
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Carport-Detached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Forced Air
  • Sewer: Septic
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Longbranch

Schools

  • Elementary School: Evergreen Elem
  • Middle School: Key Peninsula Mid
  • High School: Peninsula High
  • School District: PEN

Lot Info

  • Lot Sq Ft: 1373011
  • Lot Topography Vegetation: Pasture, Rolling, Wooded
  • Parcel Number: 0020234003
  • Zoning Jurisdiction: County
  • Lot Topography: Pasture, Rolling, Wooded

Tax Info

  • Tax Amount: 2646

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2017
Sold by
Windsor George Burton and Windsor Leslie L
Bought by
Windsor George Wellington
Current Estimated Value
$808,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,250
Outstanding Balance
$184,994
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$623,881

Purchase Details

Listed on
Dec 15, 2015
Closed on
Mar 2, 2016
Sold by
Wells Fargo Financial Washington 1 Inc
Bought by
Windsor George B and Windsor Leslie L
Seller's Agent
Joseph Mercado
Properties NW of Gig Harbor
Buyer's Agent
Leslie Windsor
BestHomesPNW
List Price
$188,500
Sold Price
$160,000
Premium/Discount to List
-$28,500
-15.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.43%

Purchase Details

Closed on
Apr 27, 2015
Sold by
Medley Robert L
Bought by
Wells Fargo Financial Washington 1 Inc

Purchase Details

Closed on
Apr 20, 2011
Sold by
Medley Robert L
Bought by
Wells Fargo Financial Washington 1 Inc

Purchase Details

Closed on
Jul 6, 2001
Sold by
Kingman Kent
Bought by
Medley Robert L and Medley Pamela S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
7.26%
Source: Public Records

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
Windsor George Wellington $234,719 Fidelity National Title
Windsor George B $160,000 Servicelink
Wells Fargo Financial Washington 1 Inc $183,045 Nextitle
Wells Fargo Financial Washington 1 Inc $141,242 None Available
Medley Robert L $195,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Windsor George Wellington $223,250
Previous Owner Medley Robert L $121,000
Closed Medley Robert L $39,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2016 03/09/16 Sold $160,000 -15.1% $98 / Sq Ft
02/17/2016 02/17/16 Pending -- -- --
12/16/2015 12/16/15 For Sale $188,500 -- $116 / 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 $6,804 $855,400 $676,600 $178,800
2024 $6,804 $841,100 $650,900 $190,200
2023 $6,804 $755,100 $578,100 $177,000
2022 $5,751 $702,600 $501,000 $201,600
2021 $4,999 $461,300 $308,300 $153,000
2019 $3,553 $371,000 $233,700 $137,300
2018 $3,601 $330,000 $190,200 $139,800
2017 $3,083 $300,200 $181,200 $119,000
2016 $2,271 $224,900 $135,900 $89,000
2014 $2,739 $176,300 $114,100 $62,200
2013 $2,739 $201,600 $146,700 $54,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Joseph Mercado

    Properties NW of Gig Harbor

  • J

    Seller Co-Listing Agent in 2016

    Jake Mercado

    Properties NW of Gig Harbor

  • L

    Buyer's Agent in 2016

    Leslie Windsor

    BestHomesPNW

    (253) 225-4028

    1 Total Sale

    Leslie Windsor
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM877825

Northwest Multiple Listing Service (NWMLS)

APN: 002023-4003

Washington Pierce County Longbranch 98351

5912 Key Peninsula Hwy SW, Longbranch, WA

This home is located at 5912 Key Peninsula Hwy SW, Longbranch, WA 98351 since 15 December 2015 and is currently estimated at $808,875, approximately $496 per square foot. This property was built in 1929. 5912 Key Peninsula Hwy SW is a home located in Pierce County with nearby schools including Evergreen Elementary School, Key Peninsula Middle School, and Peninsula 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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