Listed by PRO RLTYSRVCS Eastside, Bought with Redfin
NOT LISTED FOR SALE

1229 8th St Bremerton, WA 98337

Estimated Value: $309,000 - $385,000

1 Bed
2 Baths
908 Sq Ft
$383/Sq Ft Est. Value

Last Sold September 19, 2023

Last sale price $369,950 $407 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,099/month

44 Days on Market

Highlights

  • Deck
  • Baseboard Heating
  • Wood Siding
  • No HOA
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of September 2023

Great investment property to add to your portfolio. Centrally located in downtown Bremerton close to PSNS and Ferries. This property consists of two 1bd 1ba free-standing homes on one lot. Very low maintenance property and easy to rent. Don't wait on this one!!

Last Agent to Sell the Property

Ben Nelson

PRO RLTYSRVCS Eastside License #74911 Listed on: 05/30/2023

PRO RLTYSRVCS Eastside

Last Buyer's Agent

Anthony Teeter

Redfin License #21007944

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2074430

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,622

Year Built

  • Built in 1910

Lot Details

  • 3,920 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 908 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 2 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

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

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • No Home Owners Association
  • West Bremerton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38110040090006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,622

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1910
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 908
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 411

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, See Remarks, Wood, Wood Products
  • Foundation Details: Post & Block, Post & Pillar
  • 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
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Bremerton
  • WaterCompany: City of Bremerton
  • CableConnected: Xfinity
  • InternetConnected: Xfinity
  • WaterSewerGarbage: 956

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 38110040090006
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3920
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available
  • MLSLotSizeSource: KCR
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 2350

Multi Family

  • Gross Scheduled Income: 28200
  • Net Operating Income: 22344
  • Number Of Units Total: 2
  • Insurance Expense: 1432
  • Leasable Area: 908
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2622

MLS Schools

  • Elementary School: Naval Avenue Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2023
Closed on
Aug 21, 2023
Sold by
Samuels Timothy
Bought by
Davies James Peter
Seller's Agent
Ben Nelson
PRO RLTYSRVCS Eastside
Buyer's Agent
Anthony Teeter
Redfin
List Price
$385,000
Sold Price
$369,950
Premium/Discount to List
-$15,050
-3.91%
Views
137
Current Estimated Value
$347,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,308
Avg. Annual Appreciation
-3.16%
Original Mortgage
$345,950
Outstanding Balance
$338,860
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$8,782

Purchase Details

Listed on
Jul 8, 2021
Closed on
Jul 17, 2021
Sold by
Wilson Patsy S
Bought by
Samuels Timothy
Seller's Agent
Brynne McWhirter
Better Properties NW
Buyer's Agent
Ben Nelson
PRO RLTYSRVCS Eastside
List Price
$250,000
Sold Price
$280,000
Premium/Discount to List
$30,000
12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.70%

Purchase Details

Closed on
Mar 2, 2006
Sold by
Constant Amy Sue and Constant Blalock Amy Sue
Bought by
Wilson Patsy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500
Interest Rate
6.19%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 23, 2005
Sold by
Blalock Ronald E
Bought by
Constant Blalock Amy S

Purchase Details

Closed on
Aug 23, 1999
Sold by
Conway Eileen H
Bought by
Blalock Ronald E and Constant Blalock Amy Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,500
Interest Rate
7.56%
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
Davies James Peter $369,950 Aegis Land Title
Samuels Timothy $280,000 Aegis Land Title Group
Wilson Patsy S $116,406 Land Title Co
Constant Blalock Amy S -- None Available
Blalock Ronald E $53,900 Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davies James Peter $345,950
Previous Owner Samuels Timothy $210,000
Previous Owner Wilson Patsy S $120,000
Previous Owner Wilson Patsy S $6,500
Previous Owner Wilson Patsy S $111,700
Previous Owner Blalock Ronald E $48,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2023 09/19/23 Sold $369,950 0.0% $407 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
06/29/2023 06/29/23 Price Changed $369,950 -1.3% $407 / Sq Ft
06/06/2023 06/06/23 Price Changed $375,000 -2.6% $413 / Sq Ft
05/30/2023 05/30/23 For Sale $385,000 +37.5% $424 / Sq Ft
07/20/2021 07/20/21 Sold $280,000 +12.0% $533 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $250,000 -- $476 / 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 $2,629 $297,900 $75,710 $222,190
2024 $2,536 $297,900 $75,710 $222,190
2023 $2,622 $297,900 $75,710 $222,190
2022 $2,432 $248,420 $63,090 $185,330
2021 $144 $130,650 $47,660 $82,990
2020 $209 $121,070 $44,100 $76,970
2019 $213 $108,170 $39,370 $68,800
2018 $231 $75,510 $29,600 $45,910
2017 $182 $75,510 $29,600 $45,910
2016 $129 $66,560 $25,960 $40,600
2015 $441 $57,160 $28,240 $28,920
2014 -- $55,290 $28,240 $27,050
2013 -- $58,730 $29,810 $28,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2074430

Northwest Multiple Listing Service (NWMLS)

APN: 3811-004-009-00-06