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12616 118th Avenue Northwest

12616 118th Avenue Northwest, Gig Harbor, WA 98329
Property in Pierce
Sold Apr 04, 1994
Transfer
$103,500 by Cascade Svgs Bank Fsb
Mortgage Due Apr 01, 2024
12616 118th Avenue Northwest has been categorized by the local assessors in Gig Harbor, WA as a residential type of property. The building on the property was first built in 1978 and is 46 years old. However, we must point out that the home was most recently renovated and altered in 1993. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 12616 118th Avenue Northwest has 1,952 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 54,885 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bi-level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 464 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. In terms of heating, it is utilizing baseboard heaters and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $4,431 in taxes each year. 12616 118th Avenue Northwest was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $507,400. If we break it down further, the land itself was valued at $185,100. Improvements to the property, however, were assessed at a total of $322,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 464
  • Parking Space Count: 3
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 54,885
  • Total Building Area: 464
  • Gross Building Area: 464
  • Building Area: 1,952
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 1,952
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 1.26
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 29 TOWNSHIP 22 RANGE 01 QUARTER 11 : S 1/2 OF N 1/2 OF E 1/2 OF NE OF NE EXC E 485.32 FT THEREOF TOG/W A NON EXCL EASE OUT OF 1/16 SEG H 2158 GG

Ownership

  • Current Owner : CHASE FRANKLIN W
  • Current Owner 2: CHASE KATHY J
  • Previous Owner : ELLIS DAVID L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Peninsula School District
  • Census Tract: 072503

Zoning

  • Zoning: RSR

Geography

  • Assessors Map Reference: 711-B2
  • Parcel: 012229-1-075
  • Meridian: SEC 29 TWN 22 RNG 01
  • Municipality: PIERCE COUNTY
  • Latitude: 47.3733
  • Longitude: -122.697

    Address

  • Full Address: 12616 118th Ave Nw
  • Address - House Number: 12616
  • Street Segment Direction: NW
  • Address - Street Name: 118th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Gig Harbor
  • Carrier Code: R003
  • 4-Digit Zip Code: 5492
  • Zip Code: 98329

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,431
  • Tax Rate Code Area: 471

    Appraisal Valuation

  • Standard Deviation: 0.1282
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 85
  • Final Value: 524,471
  • High Value: 591,753
  • Low Value: 457,189

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $163,500
  • First Open Lien Mortgage Lender: CASCADE SVGS BANK FSB
  • First Open Lien Mortgage Recording Date: Apr 04, 1994
  • First Open Lien Mortgage Loan Amount: $103,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2024
  • Second Open Lien Mortgage Lender: SOUND CU
  • Second Open Lien Mortgage Recording Date: Sep 01, 2016
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $60,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $507,400
  • Market Land Value: $185,100
  • Market Improvement Value: $322,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $507,400
  • Assessed Land Value: $185,100
  • Assessed Improvements Value: $322,300

    Sales

  • Current Sale Contract Date: Mar 31, 1994
  • Current Sale Recording Date: Apr 04, 1994
  • Current Sale Transaction ID: 1024175210
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 9404041034

    Last Sale Mortgage

  • First Mortgage Lender: CASCADE SVGS BANK FSB
  • First Mortgage Transaction Date: Apr 04, 1994
  • First Mortgage Loan Amount: $103,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Apr 01, 2024

About Wauna



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Frequently Asked Questions

What neighborhood is 12616 118th Avenue Northwest located in?
The 12616 118th Avenue Northwest is a located in the neighborhood of Pierce in Wauna, Gig Harbor.
What is the average sales price for listings in 12616 118th Avenue Northwest?
The average sales price for units in 12616 118th Avenue Northwest is $0 currently.

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