NOT LISTED FOR SALE

87 Raft Island Dr NW Gig Harbor, WA 98335

Estimated Value: $1,412,135 - $1,549,000

4 Beds
1 Bath
3,886 Sq Ft
$384/Sq Ft Est. Value

Last Sold August 15, 2016

Last sale price $700,000 $180 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $9,098/month

Highlights

  • Waterfront Community
  • Views of a Sound
  • Deck
  • Voyager Elementary School Rated A-
  • Community Boat Launch
  • Contemporary Architecture

About This Home

As of August 2016

Step into a waterfront home where 2 full walls of windows wrap around to showcase majestic water & Olympic views. Contemporary in character & open in design, it boasts high beamed ceilings, view-filled kitchen, dining & living rooms, main floor master, huge family / rec room & great storage. Gentle trail leads to 74 ft of beach with granite bulkhead, a spot where seals & boaters frolic offshore. Expansive deck adds a front row seat to savor breathtaking sunsets. Striking, serene & spectacular.

Last Agent to Sell the Property

Joe Sanchez

Coldwell Banker Bain License #71719 Listed on: 06/13/2016

Coldwell Banker Bain

Co-Listed By

Lynn Macgougan

Paramount Real Estate Group License #24050

Last Buyer's Agent

Jay Ellingson

HomeSmart Real Estate Assoc License #105347

HomeSmart Real Estate Assoc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM955133

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,601

Year Built

  • Built in 1968

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Garden
  • Drought Tolerant Landscaping

Parking

  • Off-Street Parking

Property Views

  • Views of a Sound
  • Mountain Views

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Poured Concrete
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Outdoor Features

  • Tideland Water Rights
  • Deck
  • Outbuilding

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 499500-064-0

Community Details

Overview

  • Raft Island Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Boat Launch
  • Waterfront Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,601

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Architecture: Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw, Dining Room, French Doors, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 1
  • Bathrooms: 2.25
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Fully Finished
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Family Room: Lower
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 4154
  • Square Footage Finished: 3886
  • Square Footage Unfinished: 268

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete, Slab
  • Roof: Cedar Shake
  • View: Mountain, Sound
  • Waterfront: Bank-Medium, Sound, Tideland Rights
  • Waterfront Frontage: 74

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Baseboard
  • Power Company: Peninsula Light/PSE
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Washington Water
  • Water Heater: Lower Level-Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 165
  • Community Name: Raft Island
  • Community Features: Boat Launch, Ccrs, Community Waterfront/Pvt Beach, Tennis Courts

Schools

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

Lot Info

  • Lot Details: Drought Res Landscpe, Paved Street
  • Lot Sq Ft: 21900
  • Lot Topography Vegetation: Garden Space, Level, Sloped
  • Parcel Number: 499500-064-0
  • Zoning Jurisdiction: County
  • Lot Topography: Garden Space, Level, Sloped

Tax Info

  • Tax Amount: 6732

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2016
Closed on
Aug 8, 2016
Sold by
Luria Eric W and Luria Catherine C
Bought by
Mummaw Keith and Poucel Donna
Seller's Agent
Joe Sanchez
Coldwell Banker Bain
Buyer's Agent
Jay Ellingson
HomeSmart Real Estate Assoc
List Price
$699,000
Sold Price
$700,000
Premium/Discount to List
$1,000
0.14%
Current Estimated Value
$1,492,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$792,284
Avg. Annual Appreciation
9.29%
Original Mortgage
$560,000
Interest Rate
3.48%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Mummaw Keith $699,719 Rainier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mummaw Keith $625,000
Closed Mummaw Keith $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2016 08/15/16 Sold $700,000 +0.1% $180 / Sq Ft
06/14/2016 06/14/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $699,000 -- $180 / 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 $11,601 $1,352,500 $727,500 $625,000
2024 $11,601 $1,363,900 $727,500 $636,400
2023 $11,601 $1,173,500 $654,800 $518,700
2022 $7,764 $1,130,700 $654,800 $475,900
2021 $8,440 $769,900 $461,300 $308,600
2019 $7,385 $730,700 $421,900 $308,800
2018 $7,888 $689,500 $398,600 $290,900
2017 $6,627 $673,400 $398,600 $274,800
2016 $5,762 $569,500 $320,100 $249,400
2014 $6,239 $475,500 $247,300 $228,200
2013 $6,239 $500,800 $285,900 $214,900
Source: Public Records

Agents Affiliated with this Home

  • Joe Sanchez

    Seller's Agent in 2016

    Joe Sanchez

    Coldwell Banker Bain

    (253) 820-1148

    5 in this area

    82 Total Sales

    Joe Sanchez
    Section Image
  • Lynn Macgougan

    Seller Co-Listing Agent in 2016

    Lynn Macgougan

    Paramount Real Estate Group

    (253) 677-3893

    4 in this area

    124 Total Sales

    Lynn Macgougan
    Section Image

  • J

    Buyer's Agent in 2016

    Jay Ellingson

    HomeSmart Real Estate Associates

    (206) 910-7235

    9 Total Sales

    Jay Ellingson
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM955133

Northwest Multiple Listing Service (NWMLS)

APN: 499500-0640

Washington Pierce County Gig Harbor 98335

87 Raft Island Dr NW, Gig Harbor, WA

This home is located at 87 Raft Island Dr NW, Gig Harbor, WA 98335 since 13 June 2016 and is currently estimated at $1,492,284, approximately $384 per square foot. This property was built in 1968. 87 Raft Island Dr NW is a home located in Pierce County with nearby schools including Voyager 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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