NOT LISTED FOR SALE

1390 Retsil Rd E Port Orchard, WA 98366

Estimated Value: $280,000 - $593,000

2 Beds
2 Baths
1,495 Sq Ft
$269/Sq Ft Est. Value

Last Sold January 10, 2020

Last sale price $178,600 $119 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $2,447/month

3 Days on Market

Highlights

  • Views of a Sound
  • Wood Siding
  • Wall to Wall Carpet

About This Home

As of January 2020

Rare opportunity to own a multi-family unit in the heart of Port Orchard with an exceptional view for pennies on the dollar! Both units would feature 1 bedroom/1 bathroom, kitchen and living rooms. Upper unit needs to be finished, currently gutted & a construction zone *USE CAUTION* Lower unit is ready to occupy as you finish the upper unit and features in unit laundry! Off street parking for both units.
Lower unit was renting for $900-/+month. *MULTIPLE OFFERS HIGHEST & BEST DUE DEC 20 @5PM*

Last Agent to Sell the Property

Brittney Bell

Crafted Real Estate License #25931 Listed on: 12/18/2019

Last Buyer's Agent

Keegan Burmark

Adelbern Real Estate LLC License #27388

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1548926

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,746

Year Built

  • Built in 1942

Lot Details

  • 2,614 Sq Ft Lot
  • Value in Land

Property Views

  • Views of a Sound
  • Bay
  • City
  • Mountain

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,495 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Utilities

  • Cable TV Available

Community Details

  • Annapolis Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45380090070502

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,746

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1942
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1495
  • SOCComments: FULL 3%!!
  • Special Features: None
  • Cumulative Days on Market: 314

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Bay, City, Mountain(s), Sound
  • Lot Features: Paved, Value In Land
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Karcher Creek
  • WaterCompany: City Of Port Orchard
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: South Kitsap
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 45380090070502
  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2614
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

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

Tax Info

  • Year: 2019

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 1495
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 0

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2020
Sold by
Newton Anna
Bought by
Newton Jack Tyler
Current Estimated Value
$401,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$189,104
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$202,268

Purchase Details

Closed on
Dec 16, 2020
Sold by
Atkinson Virginia
Bought by
Atkinson John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$189,104
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$202,268

Purchase Details

Listed on
Dec 18, 2019
Closed on
Jan 8, 2020
Sold by
Twinco Properties Llc
Bought by
Newton Jack Tyler and Atkinson John
Seller's Agent
Brittney Bell
Crafted Real Estate
Buyer's Agent
Keegan Burmark
Adelbern Real Estate LLC
List Price
$159,000
Sold Price
$178,600
Premium/Discount to List
$19,600
12.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.30%

Purchase Details

Listed on
Dec 18, 2019
Closed on
Jan 3, 2020
Sold by
Simons Trevalene and Simons James
Bought by
Simons James W
Seller's Agent
Brittney Bell
Crafted Real Estate
Buyer's Agent
Keegan Burmark
Adelbern Real Estate LLC
List Price
$159,000
Sold Price
$178,600
Premium/Discount to List
$19,600
12.33%

Purchase Details

Closed on
Feb 19, 2010
Sold by
Simons James W
Bought by
Twinco Properties Llc

Purchase Details

Closed on
Feb 18, 2009
Sold by
Bank Of America Na
Bought by
Simons James W

Purchase Details

Closed on
Dec 5, 2008
Sold by
Ridgway Jamie T
Bought by
Bank Of America Na

Purchase Details

Closed on
Oct 11, 2007
Sold by
Shaffer E Melissa
Bought by
Ridgway Jamie T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
6.42%
Mortgage Type
Credit Line Revolving
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
Newton Jack Tyler -- Land Title Company Silv
Atkinson John -- Land Title Company Silv
Newton Jack Tyler $178,600 Land Title Co Silverdale
Simons James W -- Land Ttl Co Silverdale Submi
Twinco Properties Llc -- None Available
Simons James W $65,280 First American Title Ins
Bank Of America Na $80,000 First American Title Ins Co
Ridgway Jamie T $65,280 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atkinson John $210,000
Previous Owner Ridgway Jamie T $209,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2020 01/10/20 Sold $178,600 +12.3% $119 / Sq Ft
12/21/2019 12/21/19 Pending -- -- --
12/18/2019 12/18/19 For Sale $159,000 -- $106 / 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 $2,746 $291,300 $61,940 $229,360
2024 $2,665 $291,300 $61,940 $229,360
2023 $2,644 $291,300 $61,940 $229,360
2022 $2,609 $241,330 $57,840 $183,490
2021 $1,891 $160,530 $53,750 $106,780
2020 $2,212 $186,900 $51,190 $135,710
2019 $1,629 $146,410 $49,090 $97,320
2018 $1,717 $123,480 $49,090 $74,390
2017 $1,503 $123,480 $49,090 $74,390
2016 $1,493 $112,850 $49,090 $63,760
2015 $1,449 $111,170 $49,090 $62,080
2014 -- $109,490 $49,090 $60,400
2013 -- $97,030 $57,460 $39,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1548926

Northwest Multiple Listing Service (NWMLS)

APN: 4538-009-007-05-02