tomo logo

$1,425,000

Beds
5
Baths
2.75
sq ft
3,888

83 Raft Island Dr NW, Gig Harbor, WA 98335

83 Raft Island Dr NW

Gig Harbor, WA 98335

  • 226 days on market
    • Price drop $100,000↓
    • Open house Oct 06
Boasting a captivating west/northwest exposure, this Raft Island mid-century modern residence offers awe-inspiring views of the Olympic Mountains & a gentle walk to the beach. This 5 BR home offers an opportunity for personalization, with move-in readiness and ample potential for transformation into your ideal living space. Discover its brand new roof, original hardwood floors, large picture windows, and a cozy fireplace. This medium-bank waterfront property features a beautiful granite bulkhead and easy beach access for walking, kayaking, paddle boarding, swimming, and whale watching. Raft Island has a new bridge, new roads, new pickleball courts, two beaches and a boat ramp! Island life and NW waterfront living never looked so good!

Details

Property type

Single Family Residence

Est. home value

$1,178,946

Lot size

0.505 acres

Price per sq ft

$367

Year built

1966

Annual property taxes

$11,821.56

Monthly HOA fee

$165

Price History

08/22/2024
NorthwestMLS

NorthwestMLS #2203053

Price change
$1,425,000
-6.56%
04/19/2024
NorthwestMLS

NorthwestMLS #2203053

Price change
$1,525,000
-4.69%
04/15/2024
NorthwestMLS

NorthwestMLS #2203053

Listed
$1,600,000

Schools & Community

Elementary school: 

Voyager Elem

Middle school: 

Kopachuck Mid

High school: 

Gig Harbor High

Community features: 

Park, Playground

High school district: 

Peninsula

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$443,145
Asking price
$1,425,000
Closing costs (~8% of asking)
-$114,000
Est. remaining loan balance
-$867,855
Cash to seller
$443,145

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Evergreen Moneysource Mortgage Co

Loan start date

October 2022

Original loan amount

$891,250

Est. remaining balance

$867,855

Interest rate

5.55%

Loan type

New Conventional, 30 year

Seller

Terrianne M Schultz and Paul A Schultz

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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$1,400,000
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|
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|
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4496 Copper Ct, Gig Harbor, WA 98332

Listing provided by NWMLS

Status: Active

Tomo last checked: 10/05/2024 at 6:45 PM

Listing updated: 10/02/2024 at 8:14 PM

Listed by: Kathy Swenson, PropertiesNW of Gig Harbor Ltd Phone #: (253) 851-2511

MLS: NorthwestMLS #2203053

NorthwestMLS logo

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