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7518 Ford Drive Northwest

7518 Ford Drive Northwest, Gig Harbor, WA 98335
Property
Sold Jun 10, 2022
$3,139,857
$2,360,000 by Morgan Stanley Private Bank Na
Mortgage Due Sep 01, 2052
Sold Nov 04, 2016
$1,199,719
$1,250,000 by All West Fasteners Incorporate
Mortgage
7518 Ford Drive 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 1955 and is 69 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, 7518 Ford Drive Northwest has 3,970 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 finished improved basement that is 1,230 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 linear feet between the front and back of the lot is 5,000 ft and across the front of the lot is 1,130 ft. The area measurement of the land has been determined as 56,500 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 632 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a covered 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 metal. 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. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing baseboard heaters. 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. The property was last sold in Jun 6, 2022 for $3,139,857. That's $790.90 per sqft. Prior to that sales transaction, the property was also sold in Oct 19, 2016 for $1,199,719. 7518 Ford Drive Northwest was last assessed in 2022. The total value of the property was assessed at $2,291,900. Specifically, the land the property is located on was valued at $1,555,500. While improvements on the property were assessed at a total of $736,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $19,062. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1999
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Log
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,230
  • Garage Type: Carport
  • Garage Square Area: 632
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 56,500
  • Lot Size Depth Feet: 5,000
  • Lot Size Frontage Feet: 1,130
  • Total Building Area: 3,970
  • Gross Building Area: 4,066
  • Building Area: 3,970
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 3,970
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 1.297
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 26 TOWNSHIP 21 RANGE 01 QUARTER 42 : THAT POR OF FOLL DESC PROP LY S OF RELOCATED HALES PASSAGE NARROWS BRIDGE ROAD E 113 FT OF W 227 FT OF E 33.50 AC OF GOVT LOT 3 TOG/W TDLDS ABUTT EXC RDS

Ownership

  • Current Owner : LIEBERMAN MEGAN
  • Previous Owner : PETERSON
  • Previous Owner 2: JILL
  • Owner Before Previous Owner: SORENSON KAREN S
  • Owner Before Previous Owner 2: JERDE RICHARD S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Peninsula School District
  • Census Tract: 072409

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: 771-G1
  • Parcel: 012126-4-020
  • Lot: 3
  • Meridian: SEC 26 TWN 21 RNG 01
  • Municipality: PIERCE COUNTY
  • Latitude: 47.2785
  • Longitude: -122.64

    Address

  • Full Address: 7518 Ford Dr Nw
  • Address - House Number: 7518
  • Street Segment Direction: NW
  • Address - Street Name: Ford
  • Address - Suffix Type: Dr
  • State: WA
  • City Name: Gig Harbor
  • Carrier Code: R015
  • 4-Digit Zip Code: 6421
  • Zip Code: 98335

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,062
  • Tax Rate Code Area: 472

    Appraisal Valuation

  • Standard Deviation: 0.1331
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 84
  • Final Value: 2,142,569
  • High Value: 2,427,785
  • Low Value: 1,857,353

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,360,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Aug 12, 2022
  • First Open Lien Mortgage Loan Amount: $2,360,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $2,291,900
  • Market Land Value: $1,555,500
  • Market Improvement Value: $736,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,291,900
  • Assessed Land Value: $1,555,500
  • Assessed Improvements Value: $736,400

    Sales

  • Current Sale Contract Date: Jun 06, 2022
  • Current Sale Recording Date: Jun 10, 2022
  • Current Sale Transaction ID: 11889880838
  • Current Sale Price: $3,139,857
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 490
  • Previous Sale Recording Date: Nov 04, 2016
  • Previous Sale Contract Date: Oct 19, 2016
  • Previous Sale Amount: $1,199,719
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: ALL WEST FASTENERS INCORPORATE
  • Previous Mortgage Transaction Date: Nov 04, 2016
  • Previous Mortgage Loan Amount: $1,250,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Artondale



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Frequently Asked Questions

What neighborhood is 7518 Ford Drive Northwest located in?
The 7518 Ford Drive Northwest is a located in the neighborhood of in Artondale, Gig Harbor.
What is the average sales price for listings in 7518 Ford Drive Northwest?
The average sales price for units in 7518 Ford Drive Northwest is $0 currently.

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