Listed by John L. Scott, Inc., Bought with Best Choice Network LLC
$627,000
SOLD JAN 3, 2019

1431 Kitsap St Port Orchard, WA 98366

-- Bed
-- Bath
3,616 Sq Ft
0.39 Acres

Recently Sold

$173 Per Sq Ft

4% Below List Price

Highlights

  • Views of a Sound
  • Thermal Windows
  • Wall to Wall Carpet
  • Deck
  • Property is in very good condition
  • 5-minute walk to Etta Turner Park

About This Home

As of January 2019

Fantastic Fourplex with views from top two units. Ample parking, low maint landscaping and impeccably cared for by current owner. Solidly rented and just a few blocks from Annapolis foot ferry. Each unit approximately 904 square feet with all appliances included. Stacked washer and dryer. Natural gas fireplace insert keeps your tenants electric bills manageable. Everyone can enjoy lovely evenings or gorgeous mornings on their personal decks. Please do not disturb tenants. No sign.

Last Agent to Sell the Property

AnnaLee Baglio

John L. Scott, Inc. License #7491 Listed on: 10/28/2018

John L. Scott, Inc.

Last Buyer's Agent

Alison Easley

Best Choice Network LLC License #111780

Best Choice Network LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1381069

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,081

Year Built

  • Built in 1999

Lot Details

  • 0.39 Acre Lot
  • Property is in very good condition

Property Views

  • Views of a Sound
  • Mountain Views

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 3,616 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 9 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • Natural Gas Connected
  • Cable TV Available

Community Details

  • Port Orchard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40620050110003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,081

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1999
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3616
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Sound
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 9
  • Open Parking: Yes
  • Total Parking Spaces: 9
  • ParkingUncoveredSpaces: 9

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Port Orchard
  • WaterCompany: City of Port Orchard
  • WaterSewerGarbage: 1232

Schools

  • Junior High Dist: South Kitsap

Lot Info

  • Parcel Number: 40620050110003
  • Lot Size Acres: 0.39
  • Lot Size Sq Ft: 16988
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 43401

Multi Family

  • Gross Scheduled Income: 43401
  • Net Operating Income: 36093
  • Number Of Units Total: 6
  • Electric Expense: 10
  • Insurance Expense: 786
  • Leasable Area: 3616
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 4081

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2018
Closed on
Dec 28, 2018
Sold by
Sweet Daniel A
Bought by
Teed Alan H and Teed Joan
Seller's Agent
AnnaLee Baglio
John L. Scott, Inc.
Buyer's Agent
Alison Easley
Best Choice Network LLC
List Price
$649,950
Sold Price
$627,000
Premium/Discount to List
-$22,950
-3.53%
Current Estimated Value
$935,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,987
Avg. Annual Appreciation
6.13%
Original Mortgage
$485,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 24, 2016
Closed on
Sep 2, 2016
Sold by
Ping Li
Bought by
Sweet Daniel A
Seller's Agent
Doug Miller
SKP
Buyer's Agent
AnnaLee Baglio
John L. Scott, Inc.
List Price
$499,900
Sold Price
$475,000
Premium/Discount to List
-$24,900
-4.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.71%
Original Mortgage
$337,500
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 24, 2016
Closed on
Aug 26, 2016
Sold by
Huddleston Paul Richard and Huddleston Malinda Kay
Bought by
Sweet Daniel A
Seller's Agent
Doug Miller
SKP
Buyer's Agent
AnnaLee Baglio
John L. Scott, Inc.
List Price
$499,900
Sold Price
$475,000
Premium/Discount to List
-$24,900
-4.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 18, 2008
Sold by
Huddleston Paul Richard and Huddleston Malinda Kay
Bought by
Huddleston Paul Richard and Huddleston Malinda Kay

Purchase Details

Closed on
Mar 16, 2006
Sold by
Huddleston Malinda
Bought by
Huddleston Malinda

Purchase Details

Closed on
Jun 2, 2004
Sold by
Eide Delores M
Bought by
Eide Douglas G

Purchase Details

Closed on
Sep 11, 1998
Sold by
Eide Douglas G and Eide Dolores M
Bought by
Eide Douglas G and Eide Dolores M
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 Type Sale Price Title Company
Warranty Deed $627,000 Land Title
Quit Claim Deed $654 Land Title
Warranty Deed $552,614 Land Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Personal Reps Deed -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer $23,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $485,000 New Conventional
Previous Owner $337,500 Commercial
Previous Owner $337,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2019 01/03/19 Sold $627,000 -3.5% $173 / Sq Ft
11/15/2018 11/15/18 Pending -- -- --
10/28/2018 10/28/18 For Sale $649,950 +36.8% $180 / Sq Ft
09/07/2016 09/07/16 Sold $475,000 -5.0% $131 / Sq Ft
07/10/2016 07/10/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $499,900 -- $138 / 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 $6,459 $853,550 $77,790 $775,760
2025 $6,459 $740,320 $63,950 $676,370
2024 $6,235 $740,320 $63,950 $676,370
2023 $6,219 $739,130 $58,010 $681,120
2022 $6,714 $671,720 $54,360 $617,360
2021 $5,678 $538,410 $45,680 $492,730
2020 $4,909 $451,460 $45,680 $405,780
2019 $4,215 $424,320 $48,170 $376,150
2018 $4,081 $314,330 $48,170 $266,160
2017 $3,444 $314,330 $48,170 $266,160
2016 $3,277 $276,940 $48,170 $228,770
2015 $3,148 $270,340 $48,170 $222,170
2014 -- $265,940 $48,170 $217,770
2013 -- $370,660 $149,830 $220,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1381069

Northwest Multiple Listing Service (NWMLS)

APN: 4062-005-011-00-03