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7216 87th Ave

Gig Harbor, WA 98335

3 bd 2 ba 1,170 sqft Built 1976 condos
Most recent sale
$375,000
Mar 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 29, 2022 Sold $375,000 MLS #1876122
Jan 15, 2022 Listed $400,000 MLS #1876122
Oct 15, 1998 Sold $89,500 Public Record
May 18, 1998 Sold $67,500 Public Record
May 15, 1998 Sold $60,000 Public Record
Oct 2, 1992 Sold $697,125 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $178,700 $240,600 $419,300 $3,916
2025 $178,700 $240,600 $419,300 $3,800
2024 $141,800 $229,900 $371,700 $3,572
2023 $152,500 $222,200 $374,700 $3,390
2022 $128,100 $194,600 $322,700 $3,267
2021 $128,100 $194,600 $322,700 $3,024
2020 $109,300 $162,500 $271,800 $2,626
2019 $88,800 $137,500 $226,300 $2,284
2018 $83,700 $124,800 $208,500 $2,305
2017 $84,700 $107,600 $192,300 $2,019
2016 $79,600 $96,700 $176,300 $1,918
2015 $75,000 $83,300 $158,300 $1,867
2014 $73,900 $76,900 $150,800 $1,802
2013 $67,900 $74,800 $142,700 $1,909
2012 $70,200 $81,200 $151,400 $2,322
2011 $106,900 $93,900 $200,800 $2,210
2010 $109,500 $95,500 $205,000 $2,456
2008 $118,900 $135,300 $254,200 $2,445
2007 $122,500 $139,500 $262,000 $2,409

Property facts

Year built
1976
Property type
condos
Stories
Beds
3
Baths
2
Living area
1,170 sqft
Lot size
ZIP code
98335
City
Gig Harbor
Street
87th Ave
Coordinates
47.32327, -122.65425

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,691
Gross rental yield
8.61%
Implied cap rate
5.60%
Trend-extrapolated value

Frequently asked questions

When did 7216 87th Ave last sell?
7216 87th Ave most recently sold on Mar 29, 2022 for $375,000.
What is the current tax assessment for 7216 87th Ave?
The most recent total assessment for 7216 87th Ave (year 2026) is $419,300 with $3,916 in property tax.
How does 7216 87th Ave's assessment compare to its last sale price?
The current assessment is 11.8% above the last sale price of $375,000.
When was 7216 87th Ave built?
7216 87th Ave was built in 1976.
How does 7216 87th Ave compare to others on 87th Ave?
We track 8 other properties on 87th Ave. Browse the list under "Other properties on 87th Ave" to compare beds, baths, and sale history.
What are the property facts for 7216 87th Ave?
7216 87th Ave is a 3 bed, 2 bath, 1,170 sqft condos.
Is 7216 87th Ave a flip candidate?
No — 7216 87th Ave does not appear in our flips dataset.
Is 7216 87th Ave a tax-appeal candidate?
No — 7216 87th Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.1%
Implied 1-yr
+4.3%
2026 Q3
$1.23M
2026 Q4
$1.24M
ZIP 98335 — Median Price History + Forecast

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