NOT LISTED FOR SALE

1411 Gregory Way Bremerton, WA 98337

Estimated Value: $618,720 - $669,000

5 Beds
3 Baths
3,681 Sq Ft
$178/Sq Ft Est. Value

Last Sold August 02, 2016

Last sale price $320,000 $87 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $4,058/month

146 Days on Market

Highlights

  • Deck
  • Partially Fenced Property
  • Wall to Wall Carpet
  • Territorial View
  • Wood Siding

About This Home

As of August 2016

Located in a Craftsman's style residential neighborhood adjacent to the Naval Shipyard and a base entrance gate, 1/2 mile from the Downtown & Seattle ferry, a mile from Olympic College, High and Elementary School. Great fundamentals; increasing demand (Seattle market overflow & Military),rents, downsizer influx/demographics, new downtown apartment construction, and low existing downtown area multifamily inventory. Use as Investment property.

Last Agent to Sell the Property

Chris Nye

MLS4owners.com License #13886 Listed on: 01/15/2016

Last Buyer's Agent

Ronald Olson

Better Properties Gig Harbor License #52946

Better Properties Gig Harbor

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 884434

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,137

Year Built

  • Built in 1918

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60x138
  • Partially Fenced Property

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,681 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet
  • Territorial Views

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

  • Bremerton High School

Community Details

  • Phillip Addition Condos
  • West Bremerton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 37850060040008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,137

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1918
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Phillip Addition
  • New Construction: No
  • CalculatedSquareFootage: 3681
  • Special Features: None
  • Cumulative Days on Market: 455

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: Baremerton
  • WaterCompany: Bremerton
  • WaterSewerGarbage: 2467

Fee Information

  • Annual Fuel Expense: 1357

Schools

  • Junior High Dist: Bremerton #100c
  • High School: Bremerton High

Lot Info

  • Parcel Number: 37850060040008
  • Lot Size Acres: 0.19
  • Lot Size: 60x138
  • Lot Size Sq Ft: 8276
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,Gas Available
  • MLSLotSizeSource: Seller
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 35256

Multi Family

  • Gross Scheduled Income: 35256
  • Net Operating Income: 27078
  • Number Of Units Total: 3
  • Electric Expense: 750
  • Insurance Expense: 1467
  • Leasable Area: 3681
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2015
  • Tax Annual Amount: 2137

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2016
Closed on
Aug 13, 2016
Sold by
Olson Ronald D and Calvert Catherine
Bought by
1411 Gregory Llc
Seller's Agent
Chris Nye
MLS4owners.com
Buyer's Agent
Ronald Olson
Better Properties Gig Harbor
List Price
$351,000
Sold Price
$320,000
Premium/Discount to List
-$31,000
-8.83%
Current Estimated Value
$653,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,430
Avg. Annual Appreciation
7.93%
Original Mortgage
$160,000
Outstanding Balance
$77,986
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$556,074

Purchase Details

Listed on
Jan 15, 2016
Closed on
Jul 29, 2016
Sold by
Poulsbo Woodlands Llc
Bought by
Olson Ronald D and Calvert Catherine
Seller's Agent
Chris Nye
MLS4owners.com
Buyer's Agent
Ronald Olson
Better Properties Gig Harbor
List Price
$351,000
Sold Price
$320,000
Premium/Discount to List
-$31,000
-8.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$77,986
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$556,074

Purchase Details

Closed on
Aug 30, 2012
Sold by
Allison William and Jacobson Lori
Bought by
Poulsbo Woodlands Llc

Purchase Details

Closed on
Oct 5, 2005
Sold by
Allison William
Bought by
Allison William and Jacobson Lori Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,200
Interest Rate
5.7%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 25, 2005
Sold by
Munro Allan W
Bought by
Allison William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
2.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2000
Sold by
Walker Eleanor L
Bought by
Munro Allan W
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
1411 Gregory Llc $654 None Available
Olson Ronald D $320,000 Fidelity Natl Title Co Wa In
Poulsbo Woodlands Llc -- None Available
Allison William -- Transnation Title
Allison William $237,000 Stewart Title Of Kitsap
Allison William -- Stewart Title Of Kitsap
Munro Allan W -- Pacific Nw Title
Munro Allan W $70,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Ronald D $160,000
Previous Owner Allison William $193,700
Previous Owner Allison William $196,200
Previous Owner Allison William $189,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2016 08/02/16 Sold $320,000 -8.8% $87 / Sq Ft
06/10/2016 06/10/16 Pending -- -- --
01/15/2016 01/15/16 For Sale $351,000 -- $95 / 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 $5,383 $610,280 $84,460 $525,820
2024 $5,194 $564,210 $84,460 $479,750
2023 $4,964 $564,210 $84,460 $479,750
2022 $4,618 $471,910 $70,380 $401,530
2021 $4,343 $406,270 $53,000 $353,270
2020 $4,040 $377,580 $49,050 $328,530
2019 $3,493 $338,240 $43,780 $294,460
2018 $3,594 $228,610 $32,920 $195,690
2017 $2,993 $228,610 $32,920 $195,690
2016 $2,790 $201,720 $28,880 $172,840
2015 $2,138 $153,740 $31,410 $122,330
2014 -- $146,880 $31,410 $115,470
2013 -- $156,270 $33,150 $123,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 884434

Northwest Multiple Listing Service (NWMLS)

APN: 3785-006-004-00-08