NOT LISTED FOR SALE

1135 Morgan Rd NW Unit A & B Bremerton, WA 98312

Rocky Point Neighborhood

Estimated Value: $407,000 - $425,000

4 Beds
3 Baths
1,468 Sq Ft
$283/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $380,000 $259 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,597/month

48 Days on Market

Highlights

  • Territorial View
  • Ceramic Tile Flooring
  • Wood Siding
  • No HOA
  • Partially Fenced Property
  • Mini Split Air Conditioners

About This Home

As of November 2022

Investor Alert! Fantastic opportunity to own two homes on one tax parcel. Each home has its own newer septic system! Many upgrades include new roofs in 2018, new windows in Unit B - 2018. Unit A has been nicely remodeled, including ductless mini-split. Plenty of off street parking. Super location, minutes to restaurants, easy access to Seattle ferries, all bases, and freeways. Live in one unit, rent the other while building your portfolio. Don't let this gem pass you by!

Last Agent to Sell the Property

Phyllis Hoepfner

John L. Scott, Inc. License #42918 Listed on: 09/06/2022

John L. Scott, Inc.

Co-Listed By

Kathy Berndtson

John L. Scott, Inc. License #21000123

Last Buyer's Agent

Loren Johnson

Reid Property Management LLC License #13050

Reid Property Management LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1991784

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,283

Year Built

  • Built in 1926

Lot Details

  • 0.34 Acre Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,468 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl Plank
  • Vinyl

Parking

  • 3 Parking Spaces
  • Open Parking

Outdoor Features

  • Outbuilding

Schools

  • Bremerton Jnr High Middle School
  • Bremerton High School

Utilities

  • Mini Split Air Conditioners
  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bremerton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 15240120842005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,283

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1926
  • Buyer Agency Compensation: 2.75
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1468
  • Special Features: None
  • Cumulative Days on Market: 350

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Ductless HP-Mini Split, Forced Air, Ceramic Tile, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Post & Block, Post & Pillar, Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Septic System, Electric, Natural Gas Connected
  • PowerCompany: Puget Sound Energy
  • WaterCompany: City of Bremerton
  • CableConnected: comcaST
  • InternetConnected: xfinity
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bremerton #100c
  • High School: Bremerton High
  • Middle Or Junior School: Bremerton Jnr High

Lot Info

  • Parcel Number: 15240120842005
  • Lot Size Acres: 0.34
  • Lot Size Sq Ft: 14810
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,Outbuildings,Shop
  • MLSLotSizeSource: County
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2500

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3283

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 1468
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
Nov 23, 2022
Sold by
Masters Valerie Ann
Bought by
Masters Kevin David
Seller's Agent
Phyllis Hoepfner
John L. Scott, Inc.
Buyer's Agent
Loren Johnson
Reid Property Management LLC
List Price
$395,000
Sold Price
$380,000
Premium/Discount to List
-$15,000
-3.8%
Current Estimated Value
$415,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,103
Avg. Annual Appreciation
-0.46%
Original Mortgage
$373,117
Outstanding Balance
$363,757
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$11,635

Purchase Details

Listed on
Sep 6, 2022
Closed on
Nov 16, 2022
Sold by
Corona Nicholas Alexander
Bought by
Masters Kevin David
Seller's Agent
Phyllis Hoepfner
John L. Scott, Inc.
Buyer's Agent
Loren Johnson
Reid Property Management LLC
List Price
$395,000
Sold Price
$380,000
Premium/Discount to List
-$15,000
-3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,117
Outstanding Balance
$363,757
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$11,635

Purchase Details

Closed on
Dec 21, 2018
Sold by
Corona Jasmine Rebecca and Corona Nicholas Alexander
Bought by
Corona Nicholas Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,440
Interest Rate
4.9%
Mortgage Type
VA

Purchase Details

Closed on
Nov 22, 2011
Sold by
Martin Lillian B and Martin Leslie R
Bought by
Corona Nicholas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,692
Interest Rate
4.09%
Mortgage Type
VA
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
Masters Kevin David -- Pacific Northwest Title
Masters Kevin David -- Pacific Northwest Title
Corona Nicholas Alexander -- Old Republic Title
Corona Nicholas A $130,180 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masters Kevin David $373,117
Previous Owner Alexander Corona Nicholas $246,600
Previous Owner Corona Nicholas Alexander $245,440
Previous Owner Corona Nicholas A $134,469
Previous Owner Corona Nicholas A $132,692
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $380,000 -3.8% $259 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
09/21/2022 09/21/22 For Sale $395,000 0.0% $269 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $395,000 -- $269 / 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 $3,656 $358,150 $96,370 $261,780
2024 $3,585 $358,150 $96,370 $261,780
2023 $3,529 $358,150 $96,370 $261,780
2022 $3,283 $299,210 $80,310 $218,900
2021 $2,689 $227,070 $60,550 $166,520
2020 $2,509 $210,430 $56,040 $154,390
2019 $2,228 $188,400 $50,020 $138,380
2018 $2,273 $127,950 $37,610 $90,340
2017 $1,843 $127,950 $37,610 $90,340
2016 $1,714 $112,630 $32,990 $79,640
2015 $1,523 $99,290 $35,880 $63,410
2014 -- $95,400 $35,880 $59,520
2013 -- $105,320 $37,880 $67,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1991784

Northwest Multiple Listing Service (NWMLS)

APN: 152401-2-084-2005