Listed by Old Towne Realty, Bought with Windermere Prof Partners
NOT LISTED FOR SALE

1225 5th St Bremerton, WA 98337

Estimated Value: $467,000 - $627,000

4 Beds
2 Baths
1,980 Sq Ft
$268/Sq Ft Est. Value

Last Sold July 05, 2017

Last sale price $280,000 $141 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,290/month

47 Days on Market

Highlights

  • Wood Flooring
  • Partially Fenced Property
  • 2-minute walk to Kiwanis Park
  • High Speed Internet
  • Wood Siding

About This Home

As of July 2017

Large 4 bedroom 1.5 bath home AND a 1 bedroom cottage. Wonderful home with classic high ceilings on main floor living area with built in cabinets. Utility area in basement. Cottage and detached garage access off of alley. Walk to PSNS or Seattle Ferry for a voyage across Puget Sound to downtown Seattle for a road rage FREE commute. Heat Pump helps control heating costs. On going gentrification is nearing the end. Get in on the action.

Last Agent to Sell the Property

Donn Hughes

Old Towne Realty License #49809 Listed on: 02/16/2017

Co-Listed By

Ronda Looney

Old Towne Realty License #125189

Last Buyer's Agent

Jennifer Fetterplace

Windermere Prof Partners License #23015551

Windermere Prof Partners

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1079576

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,513

Year Built

  • Built in 1913

Lot Details

  • 3,820 Sq Ft Lot
  • Partially Fenced Property
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,980 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Laminate
  • Vinyl

Parking

  • 2 Parking Spaces
  • 1 Covered Space
  • Open Parking

Outdoor Features

  • Outbuilding

Schools

  • Naval Avenue Elementary School
  • Mtn View Mid Middle School
  • Bremerton High School

Utilities

  • Heat Pump System
  • High Speed Internet

Community Details

  • Queen Ann Condos
  • Bremerton Subdivision

Listing and Financial Details

  • Legal Lot and Block 8 / 2
  • Assessor Parcel Number 37950020080001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,513

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1913
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Queen Ann
  • New Construction: No
  • CalculatedSquareFootage: 1980
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 404

Interior Features

  • Fireplace: No
  • Flooring: Hardwood, Laminate, Vinyl
  • Interior Amenities: Heat Pump, Hardwood, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Bremerton
  • WaterCompany: Bremerton
  • WaterSewerGarbage: 2400

Schools

  • Junior High Dist: Bremerton #100c
  • High School: Bremerton High
  • Middle Or Junior School: Mtn View Mid

Lot Info

  • Parcel Number: 37950020080001
  • Lot Size Acres: 0.0877
  • Lot Size Sq Ft: 3820
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Gas Available,High Speed Internet,Outbuildings
  • MLSLotSizeSource: County
  • LotNumber: 8

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 1790

Multi Family

  • Gross Scheduled Income: 21480
  • Net Operating Income: 14723
  • Number Of Units Total: 2
  • Insurance Expense: 600
  • Leasable Area: 1980
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2017
  • Tax Annual Amount: 2513

MLS Schools

  • Elementary School: Naval Avenue Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2017
Closed on
Jul 3, 2017
Sold by
Provenio Equity Management Llc
Bought by
Sherman Nathan B and Sheman Megan T
Seller's Agent
Donn Hughes
Old Towne Realty
Buyer's Agent
Jennifer Fetterplace
Windermere Prof Partners
List Price
$310,000
Sold Price
$280,000
Premium/Discount to List
-$30,000
-9.68%
Current Estimated Value
$530,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,064
Avg. Annual Appreciation
8.52%
Original Mortgage
$224,000
Outstanding Balance
$188,588
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$356,802

Purchase Details

Closed on
Feb 6, 2015
Sold by
Larsen Noel and Larsen Dena
Bought by
Provenio Equity Management Llc

Purchase Details

Closed on
Jul 1, 2013
Sold by
Larsen Noel and Larsen Dena
Bought by
Northern Spy Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2013
Sold by
Northern Spy Properties Llc
Bought by
Larsen Noel and Larsen Dena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2008
Sold by
Larsen Noel G and Larsen Dena A
Bought by
Northern Spy Properties Llc

Purchase Details

Closed on
Oct 1, 2007
Sold by
Wastart Barbara L
Bought by
Larsen Noel and Larsen Dena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2006
Sold by
Wastart Barbara L
Bought by
Wastart Barbara L

Purchase Details

Closed on
Aug 8, 2005
Sold by
Fetterman Terry L and Fetterman Pam M
Bought by
Wastart Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 9, 2004
Sold by
Cooper David J
Bought by
Fetterman Terry L and Fetterman Pamela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.7%
Mortgage Type
Construction
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
Sherman Nathan B -- None Available
Provenio Equity Management Llc $91,203 None Available
Larsen Noel -- None Available
Northern Spy Properties Llc -- None Available
Larsen Noel -- None Available
Northern Spy Properties Llc -- None Available
Larsen Noel $303,280 Transnation Title Ins Co
Wastart Barbara L -- None Available
Wastart Barbara L $270,230 Land Title Company
Fetterman Terry L $138,900 Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherman Nathan B $224,000
Previous Owner Larsen Noel $189,000
Previous Owner Larsen Noel $200,000
Previous Owner Wastart Barbara L $187,000
Previous Owner Fetterman Terry L $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2017 07/05/17 Sold $280,000 -9.7% $141 / Sq Ft
04/06/2017 04/06/17 Pending -- -- --
02/17/2017 02/17/17 For Sale $310,000 -- $157 / 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 $4,810 $545,320 $75,710 $469,610
2024 $4,642 $545,320 $75,710 $469,610
2023 $4,797 $545,320 $75,710 $469,610
2022 $4,458 $455,510 $63,090 $392,420
2021 $3,665 $342,760 $47,660 $295,100
2020 $3,406 $318,310 $44,100 $274,210
2019 $2,942 $284,840 $39,370 $245,470
2018 $3,028 $192,100 $29,600 $162,500
2017 $2,515 $192,100 $29,600 $162,500
2016 $2,341 $169,190 $25,960 $143,230
2015 $1,986 $142,830 $28,240 $114,590
2014 -- $135,890 $28,240 $107,650
2013 -- $145,140 $29,810 $115,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1079576

Northwest Multiple Listing Service (NWMLS)

APN: 3795-002-008-00-01