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7112 85th Avenue Northwest

7112 85th Avenue Northwest, Gig Harbor, WA 98335
Property in Artondale
Sold Jul 07, 2021
$500,000
$200,000 by Penrith Home Loans Llc
Mortgage Due Aug 01, 2036
Sold Dec 11, 2020
$350,000
7112 85th Avenue Northwest in Gig Harbor, WA was first built in 1976 and is 48 years old. Although, the building on the property was most recently renovated and altered in 1992. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 7112 85th Avenue Northwest has 1,498 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 15,155 square feet.

Learn more about the property and building on this page. There is a porch. For those who love swimming as a form of exercise, you'll be excited to find out that there is a spa or hot tub but no pool on the property. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 550 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7112 85th Avenue Northwest was last sold in Jun 29, 2021 for $500,000. According to our calculations, that's $244.14 per sqft. Prior to that sales transaction, the property was sold for $350,000 in Dec 8, 2020. Current property owners are expected to pay $4,712 in taxes per year. The property on 7112 85th Avenue Northwest was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $519,700. To break that down further, the land itself was valued at $235,600. While improvements to the property were assessed at a total of $284,100. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1976
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 550
  • Parking Space Count: 2
  • Porch Type: Porch
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 15,155
  • Total Building Area: 2,048
  • Gross Building Area: 2,048
  • Building Area: 1,498
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,498
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LOUISE PARK
  • Land Acres: 0.348
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SECTION 11 TOWNSHIP 21 RANGE 01 QUARTER 32 LOUISE PARK: LOUISE PARK L 11 B 2

Ownership

  • Current Owner : WRENN PAMELA
  • Previous Owner : RESURRECTION PROPERTIES LLC
  • Owner Before Previous Owner: SMITH GREGORY A
  • Owner Before Previous Owner 2: SMITH KAREN E

Neighborhood

  • School District Name: Peninsula School District
  • Census Tract: 072405

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: 741-F2
  • Parcel: 537000-0-360
  • Block: 2
  • Lot: 11
  • Meridian: SEC 11 TWN 21 RNG 01
  • Municipality: PIERCE COUNTY
  • Latitude: 47.3224
  • Longitude: -122.651

    Address

  • Full Address: 7112 85th Ave Nw
  • Address - House Number: 7112
  • Street Segment Direction: NW
  • Address - Street Name: 85th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Gig Harbor
  • Carrier Code: R007
  • 4-Digit Zip Code: 6220
  • Zip Code: 98335

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,712
  • Tax Rate Code Area: 472

    Appraisal Valuation

  • Standard Deviation: 0.1421
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 83
  • Final Value: 550,125
  • High Value: 628,316
  • Low Value: 471,935

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: PENRITH HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Jul 07, 2021
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2036

    Market Valuation

  • Market Total Value: $519,700
  • Market Land Value: $235,600
  • Market Improvement Value: $284,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $519,700
  • Assessed Land Value: $235,600
  • Assessed Improvements Value: $284,100

    Sales

  • Current Sale Contract Date: Jun 29, 2021
  • Current Sale Recording Date: Jul 07, 2021
  • Current Sale Transaction ID: 11841979800
  • Current Sale Price: $500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202107070626
  • Previous Sale Recording Date: Dec 11, 2020
  • Previous Sale Contract Date: Dec 08, 2020
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENRITH HOME LOANS LLC
  • First Mortgage Transaction Date: Jul 07, 2021
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2036

About Artondale



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Frequently Asked Questions

What neighborhood is 7112 85th Avenue Northwest located in?
The 7112 85th Avenue Northwest is a located in the neighborhood of Artondale in Artondale, Gig Harbor.
What is the average sales price for listings in 7112 85th Avenue Northwest?
The average sales price for units in 7112 85th Avenue Northwest is $0 currently.

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