Listed by RE/MAX FIRST Inc Port Townsend, Bought with Windermere R.E. Port Townsend
NOT LISTED FOR SALE

1033 Pierce St Unit A-D Port Townsend, WA 98368

Estimated Value: $1,143,480

4 Beds
5 Baths
2,774 Sq Ft
$412/Sq Ft Est. Value

Last Sold July 17, 2019

Last sale price $610,000 $220 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $6,656/month

41 Days on Market

Highlights

  • Corner Lot
  • Wood Siding
  • 5-minute walk to Mountain View Commons
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of July 2019

Uptown 4-plex is turn key & ready. Live the Port Townsend lifestyle while earning an income! So many options in this location and community. Four distinct apartments-3 on ground level. Sep. electric meters. Many significant and recent upgrades incl. electrical, roof, plumbing, insulation.Great History-this Victorian became a 4-plex in the 90's. Studio apt. C was "candy store" for the high school in the 50's.
Solid home with Garages/Wkshp & Sm. yard.Ready for your completions. Inquiries welcome.

Last Agent to Sell the Property

Teren MacLeod

RE/MAX FIRST Inc Port Townsend License #5640 Listed on: 04/12/2019

RE/MAX FIRST Inc Port Townsend

Last Buyer's Agent

Steve Crosland

Windermere R.E. Port Townsend License #113486

Windermere R.E. Port Townsend

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1438806

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,946

Year Built

  • Built in 1889

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50 x 109
  • Partially Fenced Property
  • Corner Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Composition Roof
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 2,774 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 3 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Outbuilding

Community Details

  • Kuhn's Ranch Condos
  • Uptown Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / H
  • Assessor Parcel Number 965700607

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,946

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1889
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Kuhn's Ranch
  • New Construction: No
  • CalculatedSquareFootage: 2774
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition, Torch Down
  • Lot Features: Corner Lot, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Block, Post & Pillar
  • Property Condition: Good
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PUD #1
  • SewerCompany: City of Port Townsend
  • WaterCompany: City of Port Townsend
  • WaterSewerGarbage: 4980

Schools

  • Junior High Dist: Port Townsend #50
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 965700607
  • Lot Size Acres: 0.1148
  • Lot Size: 50 x 109
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Outbuildings,Shop
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Residential
  • LotNumber: 7

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 22
  • LeasedItems: None
  • TotalMonthlyIncome: 3700

Multi Family

  • Gross Scheduled Income: 44400
  • Net Operating Income: 30000
  • Number Of Units Total: 4
  • Insurance Expense: 1150
  • Leasable Area: 2774
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 3946

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2019
Closed on
Jul 9, 2019
Sold by
Maurice Oemlsen
Bought by
Schicker Linda
Seller's Agent
Teren MacLeod
RE/MAX FIRST Inc Port Townsend
Buyer's Agent
Steve Crosland
Windermere R.E. Port Townsend
List Price
$649,000
Sold Price
$610,000
Premium/Discount to List
-$39,000
-6.01%
Current Estimated Value
$1,143,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$533,480
Avg. Annual Appreciation
10.94%
Original Mortgage
$300,000
Outstanding Balance
$198,517
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$962,915

Purchase Details

Closed on
Jul 21, 2014
Sold by
Harrold Paul T
Bought by
Harrold Paul T and Harrold Mary
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
Schicker Linda -- First American Title
Schicker Linda $610,000 First American Title
Harrold Paul T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schicker Linda $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2019 07/17/19 Sold $610,000 -6.0% $220 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
04/12/2019 04/12/19 For Sale $649,000 -- $234 / 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
2024 $7,124 $834,111 $275,000 $559,111
2023 $7,124 $793,997 $257,250 $536,747
2022 $6,083 $732,018 $240,000 $492,018
2021 $5,831 $627,386 $216,000 $411,386
2020 $5,493 $580,001 $198,000 $382,001
2019 $3,894 $532,616 $180,000 $352,616
2018 $3,946 $409,910 $165,000 $244,910
2017 $3,611 $363,089 $142,670 $220,419
2016 $3,232 $354,925 $142,670 $212,255
2015 $3,177 $330,434 $142,670 $187,764
2014 -- $322,270 $142,670 $179,600
2013 -- $292,975 $129,700 $163,275
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1438806

Northwest Multiple Listing Service (NWMLS)

APN: 965700607