Owner
$1,039,291
12711 54TH AVE NW, GIG HARBOR, WA
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
3
baths
2
sq. ft.
2,245
property type
Single Family Residential
hoa
No
About
Residential
Building Quality B
Average Condition
Living Area
Attached Garage
1 Story
Forced Air Unit
Frame
Central
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1988
Building Size
2,245 sq ft
Lot Size
10,890 sq ft
Lot Size (Acres)
0.25 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
022230-2-011
County
Pierce County, Washington
Metro Area
Seattle-Tacoma-Bellevue, WA
Zoning
MPC
Neighborhood/Subdivision
—
Lot Number
—
School District
Peninsula School District
Legal Description
SECTION 30 TOWNSHIP 22 RANGE 02 QUARTER 22 : PARCEL B DBLR 88-05-23-0187 DESC AS FOLL THAT POR OF NW OF NW OF 30-22-02E COM AT NW COR OF SD SEC 30 TH S 87 DEG 41 MIN 05 SEC E ALG N LI OF SD SUBD 66 FT TH S 02 DEG 20 MIN 29 SEC W PAR/W W LI OF SD SUBD
Tax & Value Information
Market Value (Total)
$1,044,700
Building Value
$424,800
Land Value
$619,900
Annual Property Tax
$8,748
Tax Assessment Year
2024
Assessed Value
$1,044,700
Last Assessment Year
2025
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
5/30/2014
Recording Date
6/6/2014
Sales Document #
2014.266
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$40,215
Return on Investment
15.60%
After Repair Value
$1,143,220
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
Show Advanced Options
Analysis Details
Purchase Price
$935,362
Renovation Cost
$51,965
Closing Costs (buying)
$18,707
Holding Costs
$28,378
Selling Costs
$68,593
Total Investment
$257,744
After Repair Value (ARV)
$1,143,220
Total Costs
$1,103,005
Estimated Profit
$40,215
Cash Invested
$239,037
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
Map Filters
Key Amenities in the Area