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5512 160th Street Northwest

5512 160th Street Northwest, Gig Harbor, WA 98332
Property in Pierce
Refi Jun 21, 2013
Transfer
$802,500 by One Reverse Mortgage Llc
Mortgage Due Jun 21, 2043
5512 160th Street 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 1991 and is 33 years old. However, we must point out that the home was most recently renovated and altered in 1999. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5512 160th Street Northwest has 3,884 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 2,172 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 69,900 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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 carport for those who require parking. The garage measured 544 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a spa or hot tub but no pool on the property. 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 log 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 log. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $7,174 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 5512 160th Street Northwest was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $862,600. To break that down further, the land itself was valued at $258,500. While improvements to the property were assessed at a total of $604,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1999
  • Building Count: 4
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Log
  • Building Style: Unknown
  • Exterior Walls Type: Log
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 2,172
  • Garage Type: Carport
  • Garage Square Area: 544
  • Parking Space Count: 2
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 69,900
  • Total Building Area: 6,932
  • Gross Building Area: 4,872
  • Building Area: 3,884
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 3,884
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 1.605
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 13 TOWNSHIP 22 RANGE 01 QUARTER 11 : COM NE COR OF NE TH N 88 DEG 54 MIN 01 SEC W ALG N LI OF NE 415 FT TO POB TH CONT ALG SD N LI W 290 FT TH S 01 DEG 05 MIN 59 SEC W 300 FT TH S 88 DEG 54 MIN 01 SEC E 290 FT TH N 01 DEG 05 MIN 59 SEC E 300

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Peninsula School District
  • Census Tract: 072508

Zoning

  • Zoning: RSR

Geography

  • Assessors Map Reference: 680-H5
  • Parcel: 012213-1-020
  • Meridian: SEC 13 TWN 22 RNG 01
  • Municipality: PIERCE COUNTY
  • Latitude: 47.403
  • Longitude: -122.613

    Address

  • Full Address: 5512 160th St Nw
  • Address - House Number: 5512
  • Street Segment Direction: NW
  • Address - Street Name: 160th
  • Address - Suffix Type: St
  • State: WA
  • City Name: Gig Harbor
  • Carrier Code: R012
  • 4-Digit Zip Code: 9020
  • Zip Code: 98332

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,174
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 472

    Appraisal Valuation

  • Standard Deviation: 0.0947
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 91
  • Final Value: 944,092
  • High Value: 1,033,513
  • Low Value: 854,671

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $972,500
  • First Open Lien Mortgage Lender: ONE REVERSE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 21, 2013
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $802,500
  • First Open Lien Mortgage Term: 999
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Open Lien Mortgage Loan Due Date: Jun 21, 2043
  • Second Open Lien Mortgage Lender: WASHINGTON MUTUAL BANK
  • Second Open Lien Mortgage Recording Date: Apr 19, 2004
  • Second Open Lien Mortgage Financing Type: Other
  • Second Open Lien Mortgage Loan Amount: $170,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Apr 19, 2034

    Market Valuation

  • Market Total Value: $862,600
  • Market Land Value: $258,500
  • Market Improvement Value: $604,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $862,600
  • Assessed Land Value: $258,500
  • Assessed Improvements Value: $604,100

About Purdy



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Frequently Asked Questions

What neighborhood is 5512 160th Street Northwest located in?
The 5512 160th Street Northwest is a located in the neighborhood of Pierce in Purdy, Gig Harbor.
What is the average sales price for listings in 5512 160th Street Northwest?
The average sales price for units in 5512 160th Street Northwest is $0 currently.

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