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11612 Sorrel Run

Gig Harbor, WA 98332

4 bd 4 ba 3,484 sqft Built 1995 Lot 18,234 sqft single_family
Most recent sale
$1,225,000
Oct 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 14, 2022 Sold $1,225,000 MLS #1971433
Aug 19, 2022 Price changed $1,250,000 MLS #1971433
Jul 21, 2022 Listed $1,342,000 MLS #1971433
Jun 22, 2022 Listed $1,432,000 MLS #1950793
May 22, 2007 Sold $800,000 Public Record
Jun 17, 2002 Sold $517,000 Public Record
Jun 29, 2001 Sold $457,500 Public Record
Nov 29, 1995 Sold $438,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $979,000 $513,300 $1,492,300 $13,705
2025 $979,000 $513,300 $1,492,300 $13,481
2024 $929,000 $445,000 $1,374,000 $13,009
2023 $891,300 $445,000 $1,336,300 $11,907
2022 $679,300 $356,000 $1,035,300 $10,336
2021 $679,300 $356,000 $1,035,300 $10,096
2020 $637,200 $284,800 $922,000 $9,902
2019 $630,400 $242,900 $873,300 $8,852
2018 $600,400 $228,600 $829,000 $8,670
2017 $529,800 $211,500 $741,300 $8,096
2016 $541,300 $185,800 $727,100 $8,032
2015 $507,200 $174,300 $681,500 $7,948
2014 $512,400 $147,200 $659,600 $7,109
2013 $462,300 $116,000 $578,300 $6,814
2012 $430,300 $122,600 $552,900 $6,488
2011 $423,200 $146,600 $569,800 $6,684
2010 $444,700 $186,000 $630,700 $6,910
2008 $448,600 $258,200 $706,800 $6,387
2007 $473,300 $215,200 $688,500 $6,731

Property facts

Year built
1995
Property type
single_family
Stories
Beds
4
Baths
4
Living area
3,484 sqft
Lot size
18,234 sqft
ZIP code
98332
City
Gig Harbor
Street
Sorrel Run
Coordinates
47.36454, -122.60138

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
$8,013
Gross rental yield
7.85%
Implied cap rate
5.10%
Trend-extrapolated value

Frequently asked questions

When did 11612 Sorrel Run last sell?
11612 Sorrel Run most recently sold on Oct 14, 2022 for $1,225,000.
What is the current tax assessment for 11612 Sorrel Run?
The most recent total assessment for 11612 Sorrel Run (year 2026) is $1,492,300 with $13,705 in property tax.
How does 11612 Sorrel Run's assessment compare to its last sale price?
The current assessment is 21.8% above the last sale price of $1,225,000.
When was 11612 Sorrel Run built?
11612 Sorrel Run was built in 1995.
How does 11612 Sorrel Run compare to others on Sorrel Run?
We track 8 other properties on Sorrel Run. Browse the list under "Other properties on Sorrel Run" to compare beds, baths, and sale history.
What are the property facts for 11612 Sorrel Run?
11612 Sorrel Run is a 4 bed, 4 bath, 3,484 sqft, 18,234 sqft lot single_family.
Is 11612 Sorrel Run a flip candidate?
No — 11612 Sorrel Run does not appear in our flips dataset.
Is 11612 Sorrel Run a tax-appeal candidate?
Yes — 11612 Sorrel Run appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.5%
Implied 1-yr
+2.0%
2026 Q3
$908.1K
2026 Q4
$912.5K
ZIP 98332 — Median Price History + Forecast

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