Listed by Windermere Prof Partners, Bought with RE/MAX Exclusive
NOT LISTED FOR SALE

115 Lippert Dr W Port Orchard, WA 98366

Estimated Value: $819,000 - $856,000

8 Beds
4 Baths
3,440 Sq Ft
$243/Sq Ft Est. Value

Last Sold December 05, 2016

Last sale price $400,000 $116 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $4,953/month

3 Days on Market

Highlights

  • Deck
  • Patio
  • Vinyl Flooring

About This Home

As of December 2016

It's time to begin, or expand your real estate portfolio with this Port Orchard 4 plex that is close to elementary and Jr. High schools, and a short hop to Highway 16 for Tacoma/Bremerton commute. Easy to rent, units have refrigerator, dishwasher, and hookups for stack washer dryer. Paved parking. Temporarily keeping one unit vacant and available for easy showings.

Last Agent to Sell the Property

Michael Rochon

Windermere Prof Partners License #5687 Listed on: 08/24/2016

Windermere Prof Partners

Last Buyer's Agent

Mavis MacFarlane

RE/MAX Exclusive License #79816

RE/MAX Exclusive

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 975217

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,357

Year Built

  • Built in 1994

Lot Details

  • 0.25 Acre Lot

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,440 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring

Parking

  • 7 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Community Details

  • Port Orchard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02230121282009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,357

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1994
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3440
  • SOCComments: Thank you for your professionalism!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 7
  • Open Parking: Yes
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 7

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Port Orchard
  • WaterCompany: City of Port Orchard
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: South Kitsap

Lot Info

  • Parcel Number: 02230121282009
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Patio
  • MLSLotSizeSource: Public

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2900

Tax Info

  • Year: 2015

Multi Family

  • Number Of Units Total: 4
  • Leasable Area: 3200
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2016
Closed on
Dec 1, 2016
Sold by
Sabunciyan Saro and Sabunciyan Susie U
Bought by
Lopez Francisca Irma and Miramontes Ricardo Lopez
Seller's Agent
Michael Rochon
Windermere Prof Partners
Buyer's Agent
Mavis MacFarlane
RE/MAX Exclusive
List Price
$399,000
Sold Price
$400,000
Premium/Discount to List
$1,000
0.25%
Current Estimated Value
$834,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,211
Avg. Annual Appreciation
8.69%
Original Mortgage
$256,000
Outstanding Balance
$206,843
Interest Rate
3.54%
Mortgage Type
Commercial
Estimated Equity
$627,368

Purchase Details

Closed on
Aug 3, 2005
Sold by
Hamann John R and Hamann Peggy
Bought by
Sabunciyan Saro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 16, 2000
Sold by
Rouleau Renee M
Bought by
Hamann John R and Hamann Peggy

Purchase Details

Closed on
Sep 10, 1998
Sold by
Loudon Jerry M and Loudon Bobbi L
Bought by
Rouleau Renee M
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
Lopez Francisca Irma $465,359 Attorneys Title Of Kitsap
Sabunciyan Saro $360,780 Land Title Company
Hamann John R $220,000 Land Title Company
Rouleau Renee M $106,837 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Francisca Irma $256,000
Previous Owner Sabunciyan Saro $72,000
Previous Owner Sabunciyan Saro $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2016 12/05/16 Sold $400,000 +0.3% $116 / Sq Ft
08/28/2016 08/28/16 Pending -- -- --
08/24/2016 08/24/16 For Sale $399,000 -- $116 / 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
2026 $6,357 $816,820 $80,000 $736,820
2025 $6,357 $728,610 $65,460 $663,150
2024 $6,136 $728,610 $65,460 $663,150
2023 $6,131 $728,610 $65,460 $663,150
2022 $5,859 $586,190 $61,130 $525,060
2021 $5,018 $475,820 $56,810 $419,010
2020 $4,526 $416,210 $54,100 $362,110
2019 $4,149 $417,760 $53,120 $364,640
2018 $4,032 $311,140 $53,120 $258,020
2017 $3,409 $311,140 $53,120 $258,020
2016 $3,204 $270,750 $53,120 $217,630
2015 $3,079 $264,470 $53,120 $211,350
2014 -- $260,290 $53,120 $207,170
2013 -- $254,310 $55,920 $198,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 975217

Northwest Multiple Listing Service (NWMLS)

APN: 022301-2-128-2009