NOT LISTED FOR SALE

100 E Nahum Ln Unit A Belfair, WA 98528

Estimated Value: $570,000 - $622,000

2 Beds
2 Baths
2,438 Sq Ft
$248/Sq Ft Est. Value

Last Sold October 05, 2018

Last sale price $325,000 $133 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,535/month

90 Days on Market

Highlights

  • RV Access or Parking
  • High Speed Internet
  • 1-Story Property
  • Open Space
  • Wall to Wall Carpet

About This Home

As of October 2018

Lucrative investment duplex in quiet secluded neighborhood of single family homes. Easy access to Hwy 302 (minutes away from Gig Harbor, Belfair, Allyn and Bremerton). Plenty of parking area on this 1 acre property. Each unit has one car attached garage with 2 bedrooms + bonus room, which could be used as a 3rd bedroom, and 2 full bathrooms.

Last Agent to Sell the Property

Richard Nahum

Better Properties Gig Harbor License #101698 Listed on: 05/16/2018

Last Buyer's Agent

Richard Nahum

Better Properties Gig Harbor License #101698 Listed on: 05/16/2018

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1293951

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,770

Year Built

  • Built in 1996

Lot Details

  • 1 Acre Lot
  • Open Space
  • Street terminates at a dead end
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,438 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Schools

  • Belfair Elementary School
  • Hawkins Mid Middle School
  • North Mason Snr High School

Utilities

  • Shared Well
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Victor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 122164390018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,770

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1996
  • Buyer Agency Compensation: 2%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2438
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Open Space, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 6
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Shared Well
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electric
  • PowerCompany: PUD 3
  • WaterCompany: Shared
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: North Mason #403
  • High School: North Mason Snr High
  • Middle Or Junior School: Hawkins Mid

Lot Info

  • Parcel Number: 122164390018
  • Lot Size Acres: 1
  • Lot Size Sq Ft: 43560
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet,RV Parking
  • MLSLotSizeSource: County
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 8
  • LeasedItems: None
  • TotalMonthlyIncome: 2400

Multi Family

  • Gross Scheduled Income: 28800
  • Net Operating Income: 28800
  • Number Of Units Total: 2
  • Insurance Expense: 411
  • Leasable Area: 2438
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 2770

MLS Schools

  • Elementary School: Belfair Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2018
Closed on
Sep 27, 2018
Sold by
Nahum Richard J
Bought by
Pac Loop 336 Llc
Seller's Agent
Richard Nahum
Better Properties Gig Harbor
Buyer's Agent
Richard Nahum
Better Properties Gig Harbor
List Price
$335,000
Sold Price
$325,000
Premium/Discount to List
-$10,000
-2.99%
Current Estimated Value
$604,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,019
Avg. Annual Appreciation
9.26%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pac Loop 336 Llc $325,281 Land Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2018 10/05/18 Sold $325,000 -3.0% $133 / Sq Ft
08/29/2018 08/29/18 For Sale $335,000 0.0% $137 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
07/12/2018 07/12/18 Price Changed $335,000 -4.8% $137 / Sq Ft
06/17/2018 06/17/18 Price Changed $352,000 -4.1% $144 / Sq Ft
05/16/2018 05/16/18 For Sale $367,000 -- $151 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,964 $494,850 $60,025 $434,825
2023 $3,964 $388,135 $47,110 $341,025
2022 $3,396 $376,335 $39,785 $336,550
2021 $2,964 $376,335 $39,785 $336,550
2020 $3,031 $341,110 $36,170 $304,940
2018 $2,771 $234,840 $34,445 $200,395
2017 $2,514 $234,840 $34,445 $200,395
2016 $2,208 $219,995 $34,445 $185,550
2015 $2,134 $193,905 $28,400 $165,505
2014 -- $189,780 $26,000 $163,780
2013 -- $191,160 $36,000 $155,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1293951

Northwest Multiple Listing Service (NWMLS)

APN: 12216-43-90018