NOT LISTED FOR SALE

7322 38th St NW Unit 7324 Gig Harbor, WA 98335

Estimated Value: $651,000 - $930,000

4 Beds
4 Baths
2,220 Sq Ft
$344/Sq Ft Est. Value

Last Sold September 30, 2014

Last sale price $272,500 $123 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $4,726/month

27 Days on Market

Highlights

  • Deck
  • Wood Siding
  • 1-Story Property
  • Artondale Elementary School Rated A-
  • Wall to Wall Carpet

About This Home

As of September 2014

These units were built with handicapped folks in mind. There are ramps to get into the front door as well as for deck in back. The hallways are wide, and the showers can be entered in a wheelchair. These are spacious units with everything on the main level. Large covered deck on back looks out into forested area. Newer roof, exterior just painted, Place always rented although rents are lower than market.

Last Buyer's Agent

Paul Elkins

Gig Harbor Real Estate License #10542

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 671768

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,116

Year Built

  • Built in 1987

Lot Details

  • 0.67 Acre Lot
  • Street terminates at a dead end
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,220 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

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

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Artondale Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 0121238056

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,116

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Accessibility Features: Other
  • Year Built: 1987
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2220
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 379

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electric
  • PowerCompany: Peninsula
  • SewerCompany: septic
  • WaterCompany: Rainier
  • WaterSewerGarbage: 0

Schools

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

Lot Info

  • Parcel Number: 0121238056
  • Lot Size Acres: 0.67
  • Lot Size Sq Ft: 29185
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Disabled Access
  • MLSLotSizeSource: county
  • ZoningClass: Multi-Family
  • LotNumber: 1

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1600

Multi Family

  • Gross Scheduled Income: 19200
  • Number Of Units Total: 2
  • Insurance Expense: 800
  • Leasable Area: 2220
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2014
  • Tax Annual Amount: 3116

MLS Schools

  • Elementary School: Artondale Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2015
Sold by
Mcnally William and Mcnally Jeffrey
Bought by
Shamrock Investment Properties Llc
Total Days on Market
27
Current Estimated Value
$772,333

Purchase Details

Listed on
Jul 26, 2014
Closed on
Sep 25, 2014
Sold by
Mcnally Cynthia
Bought by
Mcnally Jeffrey
Buyer's Agent
Paul Elkins
Gig Harbor Real Estate
List Price
$295,000
Sold Price
$272,500
Premium/Discount to List
-$22,500
-7.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.76%
Original Mortgage
$204,375
Interest Rate
4.09%
Mortgage Type
New Conventional
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
Shamrock Investment Properties Llc -- None Available
Mcnally Jeffrey -- Old Republic Title Ltd
Mcnally William -- Old Republic Title Ltd
Mcnally Jeffrey $272,219 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcnally Jeffrey $204,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2014 09/30/14 Sold $272,500 -7.6% $123 / Sq Ft
08/23/2014 08/23/14 Pending -- -- --
07/26/2014 07/26/14 For Sale $295,000 -- $133 / 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 $6,216 $681,300 $295,500 $385,800
2024 $6,216 $663,200 $286,000 $377,200
2023 $6,216 $645,300 $286,000 $359,300
2022 $5,472 $660,100 $286,000 $374,100
2021 $5,002 $447,700 $198,300 $249,400
2019 $4,258 $421,900 $174,300 $247,600
2018 $3,541 $388,500 $155,100 $233,400
2017 $3,541 $353,300 $132,800 $220,500
2016 $3,278 $269,600 $98,300 $171,300
2014 $2,950 $263,700 $89,800 $173,900
2013 $2,950 $245,700 $86,200 $159,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 671768

Northwest Multiple Listing Service (NWMLS)

APN: 012123-8056