7611 Terrace Dr, Tacoma
2,430 Sq. Ft.
18,900 Sq. Ft. Lot
4 Bedrooms / 2 Bathrooms
Heated In-ground Pool
Built in 1962 by Robert Price
Puget Sound View
Offered for $535,000
Imagine the stunning presence of this mid century modern home as it was completed in 1962 while the World Fair came to Seattle. Designed by Robert Price, a Tacoma native, it is an island of tranquility rarely found in the city.
Enter into the light filled foyer. Up stairs you will find fabulous living spaces with breathtaking views of the Tacoma Narrows waterway, vine maple and the evergreen forest beyond.
"The sense of being out in the great northwest, surrounded by trees, Puget Sound, mountains and nature, while sitting in the warmth and comfort of a great house … there is nothing better than spending time in a spectacular example of northwest modernism." – R. Johnston
Gaze out to the Tacoma Narrows waterway and watch the weather roll in. Enjoy breathtaking sunsets from the large Western exposure deck. Feel as though you are in the trees from this secluded perch.
Continue into the dining room with a period built in buffet still intact. Open the sliding doors and let the outdoors in.
The large kitchen is bathed in natural light and offers more stunning views. If you're taking a night off as chef you can easily drop down to Steamers for some of their famous fish & chips, Boathouse 19 to take in a great view of the Tacoma Narrows Bridge, or head over to Narrows Brewing Company to enjoy one of their craft brews!
The spacious master suite is open to the foyer, but could easily be enclosed to have a seperate den / office where the beam is shown, and a fully enclosed master bedroom. The possibilities are endless in this spectacular home.
The lower level has 3 additional bedrooms and a full bathroom, perfect for your guests to cleanup after taking a dip in the heated in-ground pool. Take your vacation at home!
The lower level family room also has a wood burning fireplace to keep you cozy. Enjoy a crackling fire during the sometimes dreary winter days. No matter the weather this home is a wonderful place to relax and enjoy nature.
Attached carport to keep the collectable out of the rain; neatly tuck waste bins and yard equipment away in the closets.
Ready to claim this unique property steeped in Tacoma's history as yours?
3016 N Narrows Dr #213, Tacoma
1,860 sq. ft.
Open to large, private terrace
2 Bedrooms / 1.75 Bathrooms
1 Car Garage with Storage
Offered for $425,000
Beautiful unobstructed views of the Puget Sound, Tacoma Narrows Bridge, Gig Harbor, and Salmon Beach greet you in this spacious 1,860 sq. ft. 2 bedroom Gold Creek Condominium located in the West Slope / Narrows neighborhood of Tacoma. Minutes away from ammenities such as Starbucks, Antique Sandwich Co., Point Defiance Park, and Proctor District.
The generous living room has sweeping views and a wood burning fireplace. Continue through the glass slider out onto the patio which is perfect for dining alfresco. This unit is unique in that it is open to a private terrace.
"The condominium has the spaciousness of a house surrounded by lovely landscaping without the responsibility of mowing and pruning. It's a daily wonder to live with beautiful light and spectacular view that seems all your own."
– Current Homeowner
The kitchen has been updated with stainless steel appliances, and solid surface countertops. Enjoy views of Gig Harbor from the breakfast nook. Watch the sunset over the Narrows in the evening.
The master suite is tranquil and has an attached full bathroom.
The second bedroom has impressive built ins and is currently being used as a media room.
The Gold Creek Condominiums have a variety of amenities to suit your needs. There is a landscaped, fenced pet area, no need to leave home to let your pets play!
The gorgeous pool and pool deck are ready to be enjoyed all summer! There is even a sauna.
Who needs a gym membership with a well equipped gym on site!
Be at ease when you are away with a 24 hour onsite security guard.
Ready to make Gold Creek Condominiums your home?
5220 N 49th St, Ruston
1,930 Sq. Ft.
9,675 Sq. Ft. Lot
Built in 1995
3 Bedrooms / 2.5 Bathrooms
2 Car Detached Garage
Offered for $429,900
Nested in charming Ruston this 3 bedroom, 2.5 bathroom home was built in 1995 and has all of the modern conveniences without the worries of an older home.
The light and bright living room is a wonderful gathering space with a gas fireplace to keep you cozy.
Continue into the remodeled kitchen with gleaming hardwood floors, slab granite countertops, and stainless steel appliances.
The open floor plan is ideal for entertaining. Dine alfresco on the patio which is easily accessed from the sliding glass door. If you're taking the night off as chef there is a plethora of restaurants within minutes such as Don's Ruston Market and Deli, Antique Sandwich Co., and Tatanka Take-Out. Venture a bit further to the waterfront, which is easily within walking distance, and enjoy some of Tacoma's finest dining and outstanding views of Mt. Rainier, the Olympic Mountains, the Port of Tacoma, and Browns Point.
Upstairs you will find 3 spacious bedrooms and 2 full bathrooms. The master suite tranquil and offers a view of Commencement Bay from the window seat. There is also an attached 5 piece bathroom and walk in closet.
Serenity await there is even a view from the soaking tub!
The backyard is fully landscaped with a patio and cabana!
Bring your tiki torches and pull up a stool, the cabana currently houses toys, but the possibilities are endless …
There is also a detached 2 car garage which is great for storing cars, bikes, a boat … With Point Defiance Park just down the road you can cruise around the 5 Mile Drive on foot or bike, or drop anchor in Commencement Bay after launching your boat at the Point Defiance Marina.
The current homeowner sums it up perfectly;
"We will miss the warm, inviting feeling of the living space as well as the access we have to the waterfront and Point Defiance. It has also been a great home and neighborhood with great neighbors".
Ready to make the move to Ruston?
In 2014 the U.S. foreclosure filings dropped to 1 out of 118 housing units. This is the lowest it has been since 2006. Read more here. Curious how this affects Pierce County Housing? Call or email me to find out!
The Pierce County real estate market continues to lag behind King County, but there is light at the end of the tunnel and values are approaching 2004 – 2005 levels. For more details see the full article that was on yesterday's front page of the News Tribune.
Normalization continues, look who's buying and selling!
And where are rates headed?
The Pierce County Housing Market as measured by April 2014 numbers looks pretty benign and one might be tempted to believe the national headlines that the market is slowing down. Not so fast! Here are the numbers followed by a look inside the data that might surprise you!
Inventory – UP +17%
Closings – Down -7%
Pending Sales – UP +4%
Months of Inventory – UP last year 3 this year 3.7
Median Price – UP 13%
The stats above are not too impressive, maybe indicating the Pierce County Housing Market is neutral, and in a sideways crawl. To be honest I thought the same at first, and that is why I didn't check in with my report last month (My apologies to the 4 of you that missed it! lol!). Sometimes the real story is inside the numbers.
Normalization of the Pierce County Housing Market is evident. With falling distressed sale transactions and a substantial increase in upper end price ranges. This tells the story of the return of repeat sellers willing to resume participation in the market. Take a look at the breakdown of Pierce County sales by price range and what jumps out is the spike on the $350,000 to $500,000 price range.
Although the overall numbers are not showing the big year over year gains we watched for most of last year, we can safely observe the market is more balanced and not just fueled by first time buyers and investors. Look below at how the makeup of sales is trending as measured by April numbers.
No Surprise – Rates will be going up – but when? By the end of 2015 Fannie Mae projects mortgage rates will be 5% while Freddie Mac's projection is 5.7% and Mortgage Bankers Association is 5.3%. The consensus is unanimous as to the direction of rates, the question is when. If Freddie Mac is correct with their projections the graph below is what we can expect.
You've heard it before – "Even a rate in the 5's is great when compared to historical levels" While this is true, I found the chart below helpful in providing perspective. It shows that rates affect the "cost" of housing. Significant shifts in how much a monthly payment costs a homeowner can happen with a swing in rates.
Possibly the greatest buying opportunity of a generation that was created by the Great Recession will be something we all talk about in the future. How soon that day comes is yet to be determined but it is clear we are still in a great window of opportunity.