Listed by Windermere Prof Partners
NOT LISTED FOR SALE

1251 Northlake Way NW Bremerton, WA 98312

Estimated Value: $1,144,170

5 Beds
3.5 Baths
5,059 Sq Ft
$226/Sq Ft Est. Value

Last Sold September 24, 2020

Last sale price $960,000 $190 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,988/month

92 Days on Market

Highlights

  • Boathouse
  • Docks
  • Deck
  • 81 Feet of Waterfront
  • Lake View
  • Wood Flooring

About This Home

As of September 2020

Work, live, play, at this lakeside retreat perched on the shores of Kitsap Lake! The 5,059 SqFt home is 10 mins to the Seattle ferry, making this the ideal spot for commuters looking for an escape from the hustle & bustle. Spend days water skiing or kayaking around the lake, before enjoying refreshments on the deck watching the afternoon sun glisten on the water. Expansive areas throughout create large spaces for entertaining, while each of the 5 bedrooms offer a quiet spot for guests to rest.

Last Agent to Sell the Property

Linda Helm

Windermere Prof Partners License #25806 Listed on: 05/22/2020

Windermere Prof Partners

Co-Listed By

Edward Aro

Neighborhood Experts Real Est. License #24860

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1604719

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,031

Year Built

  • Built in 1993

Lot Details

  • 9,148 Sq Ft Lot
  • 81 Feet of Waterfront
  • Lake Front
  • Level Lot
  • Sprinkler System
  • Property is in very good condition

Parking

  • 3 Car Attached Garage
  • Off-Street Parking

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Slab Foundation
  • Composition Roof
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 5,059 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • 1 Fireplace
  • French Doors
  • Dining Room
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Hydromassage or Jetted Bathtub

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Bulkhead
  • Boathouse
  • Docks
  • Deck
  • Patio

Schools

  • Kitsap Lake Elementary School
  • Mtn View Mid Middle School
  • Bremerton High School

Utilities

  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Kitsap Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 37650000040302

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,031

Year Built

Built in 1993

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 1993
  • Inclusions: Dishwasher,GarbageDisposal,Microwave,RangeOven,Refrigerator
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Kitsap Lake Summer Homes
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 5059
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Basement: Daylight
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Hardwood, Bath Off Primary, Built-In Vacuum, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, French Doors, Jetted Tub, Security System, Fireplace, Water Heater
  • Living Area: 5059
  • Bathrooms: 3.25
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 5059
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 1
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 5
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Microwave,Range/Oven,Refrigerator

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s), Territorial
  • View: Yes
  • Waterfront Features: Bulkhead, Lake, No Bank
  • Waterfront: Yes
  • Construction Type: Cement Plank, Wood
  • Exterior Features: Cement Planked, Wood Products
  • Foundation Details: Slab
  • Property Condition: Very Good
  • Structure Type: House
  • WaterfrontFootage: 81

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Security System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electricity Available, Natural Gas Connected
  • PowerCompany: Puget Sound Energy/Cascade Gas
  • SewerCompany: City of Gig Harbor
  • WaterCompany: City of Bremerton
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 37650000040302
  • Topography: Level,PartialSlope
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9148
  • Zoning: R10
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Boat House,Cable TV,Deck,Dock,Gas Available,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2020
  • Tax Annual Amount: 8031

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Kitsap Lake Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Sep 21, 2020
Sold by
Welling Anna and Welling Kevin
Bought by
Walling Kevin
Seller's Agent
Linda Helm
Windermere Prof Partners
List Price
$1,185,000
Sold Price
$960,000
Premium/Discount to List
-$225,000
-18.99%
Current Estimated Value
$1,144,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,170
Avg. Annual Appreciation
3.54%
Original Mortgage
$258,000
Outstanding Balance
$228,958
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$915,212

Purchase Details

Listed on
May 22, 2020
Closed on
Sep 10, 2020
Sold by
Dahl Dale Allen and Oster-Dahl Donna Kay
Bought by
Welling Kevin M
Seller's Agent
Linda Helm
Windermere Prof Partners
List Price
$1,185,000
Sold Price
$960,000
Premium/Discount to List
-$225,000
-18.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Outstanding Balance
$228,958
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$915,212
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
Walling Kevin -- First American Title Ins Co
Welling Kevin M -- First American Title
Welling Kevin M $960,000 Fatco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walling Kevin $258,000
Open Welling Kevin M $510,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2020 09/24/20 Sold $960,000 -3.8% $190 / Sq Ft
08/22/2020 08/22/20 Pending -- -- --
08/19/2020 08/19/20 Price Changed $998,000 -5.0% $197 / Sq Ft
07/30/2020 07/30/20 Price Changed $1,050,000 -1.8% $208 / Sq Ft
06/30/2020 06/30/20 Price Changed $1,069,462 -5.0% $211 / Sq Ft
06/24/2020 06/24/20 Price Changed $1,125,750 -5.0% $223 / Sq Ft
05/22/2020 05/22/20 For Sale $1,185,000 -- $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
2026 $11,064 $1,254,700 $262,380 $992,320
2025 $11,064 $1,254,700 $262,380 $992,320
2024 $10,677 $1,254,700 $262,380 $992,320
2023 $9,626 $1,094,380 $227,650 $866,730
2022 $9,101 $930,280 $192,920 $737,360
2021 $8,769 $820,420 $177,900 $642,520
2020 $8,032 $750,790 $162,170 $588,620
2019 $7,091 $686,870 $147,650 $539,220
2018 $8,005 $581,050 $128,280 $452,770
2017 $7,603 $581,050 $128,280 $452,770
2016 $7,642 $552,690 $121,450 $431,240
2015 $6,822 $490,950 $152,100 $338,850
2014 -- $448,770 $138,690 $310,080
2013 -- $448,770 $138,690 $310,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1604719

Northwest Multiple Listing Service (NWMLS)

APN: 3765-000-004-03-02