Listed by Better Properties Kitsap, Bought with Better Properties Kitsap
NOT LISTED FOR SALE

1024 Burwell St Bremerton, WA 98337

Estimated Value: $404,000 - $591,000

4 Beds
3 Baths
1,746 Sq Ft
$261/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $314,000 $180 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,728/month

116 Days on Market

Highlights

  • Deck
  • Wood Siding
  • Wall to Wall Carpet

About This Home

As of September 2021

Income Property! Fixer DUPLEX located near the heart of downtown Bremerton being sold as-is! Both units occupied, each has 2 BR and 1 BA. Close to bus lines and the Seattle Ferry. No need to pay for parking if you work at PSNS, it's literally a block from the State Street. It's centrally located whether you need to catch Hwy 3 north or south.

Last Agent to Sell the Property

Gloria Mellon

Better Properties Kitsap License #106380 Listed on: 04/08/2021

Last Buyer's Agent

Debra Keene Bergeron

Better Properties Kitsap License #108242

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1751880

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,888

Year Built

  • Built in 1918

Lot Details

  • 3,049

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • Open Parking

Additional Features

  • 2-Story Property
  • Deck
  • 3,049 Sq Ft Lot
  • Cable TV Available

Community Details

  • Bremerton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 37180220110008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,888

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1918
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 419

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Bremerton
  • WaterCompany: City of Bremerton
  • WaterSewerGarbage: 3146

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Bremerton #100c
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 37180220110008
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3049
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available
  • MLSLotSizeSource: Public
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 2100

Multi Family

  • Gross Scheduled Income: 2100
  • Net Operating Income: 7503
  • Number Of Units Total: 3
  • Insurance Expense: 1142
  • Leasable Area: 1746
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2888

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
Sep 9, 2021
Sold by
Stephen Polito Enterprises And Holdings
Bought by
Montague Schon and Montague Lori J
Seller's Agent
Gloria Mellon
Better Properties Kitsap
Buyer's Agent
Debra Keene Bergeron
Better Properties Kitsap
List Price
$329,000
Sold Price
$314,000
Premium/Discount to List
-$15,000
-4.56%
Current Estimated Value
$455,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,618
Avg. Annual Appreciation
9.86%
Original Mortgage
$235,500
Outstanding Balance
$214,440
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$241,178

Purchase Details

Listed on
Jul 7, 2016
Closed on
Sep 30, 2016
Sold by
Spielberg Anya and Sonde Madhu
Bought by
Polito Stephen D
List Price
$215,000
Sold Price
$210,000
Premium/Discount to List
-$5,000
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%
Original Mortgage
$157,500
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2009
Sold by
Wells Fargo Bank National Association
Bought by
Sonde Madhu and Spielberg Anya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2007
Sold by
Williams Donald M
Bought by
Ashcraft Jeromy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,500
Interest Rate
6.11%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 18, 2005
Sold by
Williams Angie
Bought by
Williams Donald M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2001
Sold by
Schuller Paul
Bought by
Lester Matt and Lester Donna

Purchase Details

Closed on
Apr 25, 2001
Sold by
Matthews Samuel B and Hixson Matthews Sandra L
Bought by
Schuller Paul J
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
Montague Schon -- Land Title
Polito Stephen D $244,314 Attorneys Title Of Kitsap
Sonde Madhu $144,280 Pacific Nw Title
Ashcraft Jeromy $235,280 Transnation Title
Williams Donald M -- Pacific Nw Title
Williams Donald M $158,000 Pacific Nw Title
Lester Matt $84,000 Land Title Company
Schuller Paul J $10,000 Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montague Schon $235,500
Previous Owner Polito Stephen D $157,500
Previous Owner Sonde Madhu $108,000
Previous Owner Ashcraft Jeromy C $23,500
Previous Owner Ashcraft Jeromy $188,000
Previous Owner Williams Donald M $126,400
Previous Owner Lester Matthew W $92,650
Closed Williams Donald M $31,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $314,000 -3.1% $180 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/30/2021 07/30/21 Price Changed $324,000 -1.5% $186 / Sq Ft
06/11/2021 06/11/21 For Sale $329,000 0.0% $188 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $329,000 0.0% $188 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $329,000 +56.7% $188 / Sq Ft
10/04/2016 10/04/16 Sold $210,000 -2.3% $120 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
07/07/2016 07/07/16 For Sale $215,000 -- $123 / 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 $3,010 $341,190 $66,710 $274,480
2024 $2,905 $341,190 $66,710 $274,480
2023 $3,002 $341,190 $66,710 $274,480
2022 $3,326 $339,830 $55,590 $284,240
2021 $2,888 $270,080 $41,920 $228,160
2020 $2,684 $250,750 $38,800 $211,950
2019 $2,313 $223,890 $34,630 $189,260
2018 $2,426 $199,270 $26,040 $173,230
2017 $2,609 $199,270 $26,040 $173,230
2016 $2,433 $175,900 $22,840 $153,060
2015 $2,132 $153,370 $24,840 $128,530
2014 $2,095 $146,140 $24,840 $121,300
2013 $2,139 $155,960 $26,220 $129,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1751880

Northwest Multiple Listing Service (NWMLS)

APN: 3718-022-011-00-08