7116 40th St
Gig Harbor, WA 98335
3 bd 2 ba 1,750 sqft Built 1975 Lot 24,829 sqft single_family
Most recent sale
$585,000
Dec 7, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 7, 2021 | Sold | $585,000 | MLS #1863529 |
| Nov 11, 2021 | Listed | $550,000 | MLS #1863529 |
| Jul 2, 2020 | Sold | $465,000 | MLS #1608769 |
| Jun 4, 2020 | Listed | $450,000 | MLS #1608769 |
| Jun 30, 2016 | Sold | $355,000 | Public Record |
| Oct 7, 2015 | Listing removed | $299,000 | NWMLS |
| Apr 26, 2006 | Sold | $292,500 | Public Record |
| Dec 7, 2005 | Listed | $299,000 | MLS #25177859 |
| Jul 12, 2002 | Sold | $162,500 | Public Record |
| Oct 23, 1998 | Sold | $130,000 | Public Record |
| Jan 1, 1980 | Sold | $65,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $308,600 | $282,700 | $591,300 | $5,531 |
| 2025 | $308,600 | $282,700 | $591,300 | $5,425 |
| 2024 | $268,600 | $273,600 | $542,200 | $5,213 |
| 2023 | $273,000 | $273,600 | $546,600 | $4,948 |
| 2022 | $228,900 | $217,000 | $445,900 | $4,524 |
| 2021 | $228,900 | $217,000 | $445,900 | $4,353 |
| 2020 | $201,200 | $189,700 | $390,900 | $4,189 |
| 2019 | $194,900 | $167,000 | $361,900 | $3,691 |
| 2018 | $189,500 | $148,600 | $338,100 | $3,706 |
| 2017 | $182,900 | $127,200 | $310,100 | $3,114 |
| 2016 | $165,700 | $106,600 | $272,300 | $2,951 |
| 2015 | $149,600 | $94,100 | $243,700 | $2,889 |
| 2014 | $147,500 | $86,100 | $233,600 | $2,715 |
| 2013 | $133,900 | $81,200 | $215,100 | $2,652 |
| 2012 | $123,400 | $86,300 | $209,700 | $2,662 |
| 2011 | $126,200 | $101,500 | $227,700 | $2,628 |
| 2010 | $129,900 | $111,700 | $241,600 | $2,669 |
| 2008 | $145,000 | $135,400 | $280,400 | $2,608 |
| 2007 | $148,000 | $130,500 | $278,500 | $2,583 |
Property facts
Year built
1975
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,750 sqft
Lot size
24,829 sqft
ZIP code
98335
City
Gig Harbor
Street
40th St
Coordinates
47.29323, -122.63421
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,025
Gross rental yield
8.26%
Implied cap rate
5.37%
Trend-extrapolated value
—
Frequently asked questions
When did 7116 40th St last sell?
7116 40th St most recently sold on Dec 7, 2021 for $585,000.
What is the current tax assessment for 7116 40th St?
The most recent total assessment for 7116 40th St (year 2026) is $591,300 with $5,531 in property tax.
How does 7116 40th St's assessment compare to its last sale price?
The current assessment is 1.1% above the last sale price of $585,000.
When was 7116 40th St built?
7116 40th St was built in 1975.
How does 7116 40th St compare to others on 40th St?
We track 8 other properties on 40th St. Browse the list under "Other properties on 40th St" to compare beds, baths, and sale history.
What are the property facts for 7116 40th St?
7116 40th St is a 3 bed, 2 bath, 1,750 sqft, 24,829 sqft lot single_family.
Is 7116 40th St a flip candidate?
Yes — 7116 40th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7116 40th St a tax-appeal candidate?
No — 7116 40th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.1%
Implied 1-yr
+4.3%
2026 Q3
$1.23M
2026 Q4
$1.24M
ZIP 98335 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 40th St