Listed by PropertiesNW of Gig Harbor Ltd, Bought with RE/MAX Exclusive
$1,275,000
SOLD NOV 25, 2024

83 Raft Island Dr NW Gig Harbor, WA 98335

5 Beds
4 Baths
3,888 Sq Ft
0.51 Acres

Recently Sold

$328 Per Sq Ft

16% Below List Price

237 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Views of a Sound
  • Second Kitchen
  • Voyager Elementary School Rated A-
  • Community Boat Launch
  • RV Access or Parking

About This Home

As of November 2024

Boasting a captivating west/northwest exposure, this Raft Island mid-century modern residence offers awe-inspiring views of the Olympic Mountains & a gentle walk to the beach. This 5 BR home offers an opportunity for personalization, with move-in readiness and ample potential for transformation into your ideal living space. Discover its brand new roof, original hardwood floors, large picture windows, and a cozy fireplace. This medium-bank waterfront property features a beautiful granite bulkhead and easy beach access for walking, kayaking, paddle boarding, swimming, and whale watching. Raft Island has a new bridge, new roads, new pickleball courts, two beaches and a boat ramp! Island life and NW waterfront living never looked so good!

Last Agent to Sell the Property

Kathy Swenson

PropertiesNW of Gig Harbor Ltd License #77591 Listed on: 02/23/2024

Co-Listed By

Linda Watermeyer

PropertiesNW of Gig Harbor Ltd License #94613

Last Buyer's Agent

Stephanie Patrick

RE/MAX Exclusive License #84828

RE/MAX Exclusive

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2203053

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,822

Year Built

  • Built in 1966

Lot Details

  • 0.51 Acre Lot
  • Low Bank Waterfront Property
  • 80 Feet of Waterfront
  • Home fronts a sound
  • Northwest Facing Home
  • Level Lot
  • Garden
  • Property is in very good condition

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Off-Street Parking
  • RV Access or Parking

Property Views

  • Views of a Sound
  • Bay
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,888 Sq Ft Home
  • 1-Story Property
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • French Doors
  • Dining Room
  • Finished Basement
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Second Kitchen
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Stone

Bedrooms and Bathrooms

  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Bulkhead
  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating System
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 499500-066-0

Community Details

Overview

  • HOA Community Solutions, Carolyn Tucker Association
  • Secondary HOA Phone (253) 985-3812
  • Raft Island Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Boat Launch
  • Sport Court
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,822

Year Built

Built in 1966

Lot Details

0

HOA Fees

$165 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1966
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 3888
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: false
  • Special Features: None
  • Cumulative Days on Market: 481

Interior Features

  • Fireplaces: 2
  • Basement: Daylight, Finished
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate, Stone, Carpet
  • Interior Amenities: Second Kitchen, Bath Off Primary, Double Pane/Storm Window, Dining Room, Fireplace, French Doors, Hardwood, Laminate, Skylight(s), Wall to Wall Carpet, Water Heater
  • Living Area: 3888
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Bathrooms: 2.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 3888
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 1
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Washer(s)
  • FireplacesLower: 1
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • View: Bay, Mountain(s), Sound, Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront Features: Bank-Low, Bank-Medium, Bulkhead, Saltwater, Sound
  • Waterfront: Yes
  • Direction Faces: Northwest
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: false
  • WaterfrontFootage: 80
  • WaterAccess: Beach Rights,Community Waterfront/Pvt Beach,Tideland Rights

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Garage, Off Street, RV Parking
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: Peninsula Light
  • SewerCompany: Septic
  • WaterCompany: Washington Water
  • WaterHeaterLocation: Basement
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Athletic Court, Boat Launch, CCRs, Park, Playground
  • Senior Community: No
  • Association Fee: 165
  • Association Fee Frequency: Monthly
  • Phone: 253-985-3812
  • Association: Yes
  • AssociationContactName: HOA Community Solutions, Carolyn Tucker

Schools

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

Lot Info

  • Parcel Number: 499500-066-0
  • Topography: Level,Partial Slope
  • Land Lease: No
  • Lot Size Acres: 0.505
  • Lot Size Sq Ft: 22000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,High Speed Internet,Patio,RV Parking
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 11821.56

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Voyager Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Nov 22, 2024
Sold by
Schultz Family Living Trust and Schultz Paul A
Bought by
Daniel And Lisa Carufel Family Trust and Carufel
Seller's Agent
Kathy Swenson
PropertiesNW of Gig Harbor Ltd
Buyer's Agent
Stephanie Patrick
RE/MAX Exclusive
List Price
$1,525,000
Sold Price
$1,275,000
Premium/Discount to List
-$250,000
-16.39%
Views
298
Current Estimated Value
$1,391,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,630
Avg. Annual Appreciation
13.20%
Original Mortgage
$245,000
Outstanding Balance
$243,369
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$1,155,913

Purchase Details

Closed on
Jan 30, 2023
Sold by
Schultz Paul A and Schultz Terrianne M
Bought by
Schultz Family Living Trust

Purchase Details

Closed on
Jun 9, 2010
Sold by
Dayhoff Quinn J
Bought by
Schultz Paul A and Schultz Terrianne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,356
Interest Rate
4.91%
Mortgage Type
FHA
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $1,275,000 Wfg National Title Company Of
Bargain Sale Deed -- --
Warranty Deed $500,000 Ticor
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $245,000 New Conventional
Previous Owner $891,250 New Conventional
Previous Owner $111,494 Stand Alone Second
Previous Owner $493,356 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2024 11/25/24 Sold $1,275,000 -10.5% $328 / Sq Ft
10/17/2024 10/17/24 Pending -- -- --
08/22/2024 08/22/24 Price Changed $1,425,000 -6.6% $367 / Sq Ft
05/14/2024 05/14/24 For Sale $1,525,000 0.0% $392 / Sq Ft
05/08/2024 05/08/24 Off Market $1,525,000 -- --
05/08/2024 05/08/24 For Sale $1,525,000 0.0% $392 / Sq Ft
04/19/2024 04/19/24 Price Changed $1,525,000 -4.7% $392 / Sq Ft
02/23/2024 02/23/24 For Sale $1,600,000 -- $412 / 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 $11,822 $1,411,800 $756,100 $655,700
2024 $11,822 $1,399,600 $725,800 $673,800
2023 $11,822 $1,248,600 $653,200 $595,400
2022 $8,237 $1,199,900 $653,200 $546,700
2021 $8,829 $806,000 $445,200 $360,800
2019 $7,744 $763,600 $407,400 $356,200
2018 $8,252 $723,600 $384,900 $338,700
2017 $6,931 $705,000 $384,900 $320,100
2016 $6,131 $599,900 $309,100 $290,800
2014 $6,964 $506,600 $238,800 $267,800
2013 $6,964 $560,200 $307,900 $252,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2203053

Northwest Multiple Listing Service (NWMLS)

APN: 499500-0660