Listed by Windermere RE West Sound Inc., Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

1450 SE Vallair #A & B Ct Port Orchard, WA 98366

Estimated Value: $506,758 - $542,000

4 Beds
3 Baths
2,016 Sq Ft
$260/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $241,000 $120 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $3,102/month

199 Days on Market

Highlights

  • Deck
  • Ceramic Tile Flooring
  • 1-Story Property
  • Patio
  • Wood Siding

About This Home

As of March 2016

Location! Location! Investment opportunity with easy access to freeway in a quiet neighborhood of single family homes on dead end street. Close to shopping, schools, and Bus. Both units are occupied with long term tenants currently on monthly terms. Two units each with : 2 bedrooms & 1.5 baths, covered back patio, fireplace, refrigerators, stove, washer/dryer, storage unit and carport.

Last Agent to Sell the Property

Irene Wurden

Windermere RE West Sound Inc. License #2486 Listed on: 07/26/2015

Windermere RE West Sound Inc.

Co-Listed By

Christopher Wurden

Windermere RE West Sound Inc. License #106362

Last Buyer's Agent

Dan Marks

John L. Scott, Inc. License #3925

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 814260

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,244

Year Built

  • Built in 1984

Lot Details

  • 0.35 Acre Lot
  • Street terminates at a dead end

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,016 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • East Port Orchard El Elementary School
  • Cedar Heights Jh Middle School
  • So. Kitsap High School

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Port Orchard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 47370000080004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,244

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1984
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2016
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Septic System, Electric, Wood
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterSewerGarbage: 420

Schools

  • Junior High Dist: South Kitsap
  • High School: So. Kitsap High
  • Middle Or Junior School: Cedar Heights Jh

Lot Info

  • Parcel Number: 47370000080004
  • Lot Size Acres: 0.35
  • Lot Size Sq Ft: 15246
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Patio
  • MLSLotSizeSource: County
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 156
  • LeasedItems: None
  • TotalMonthlyIncome: 1600

Multi Family

  • Gross Scheduled Income: 19200
  • Net Operating Income: 14116
  • Number Of Units Total: 6
  • Electric Expense: 1320
  • Insurance Expense: 867
  • Leasable Area: 2016
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 100

Tax Info

  • Year: 2014
  • Tax Annual Amount: 2244

MLS Schools

  • Elementary School: East Port Orchard El

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2015
Closed on
Mar 18, 2016
Sold by
Brookes Allister
Bought by
Lester Shirley
Seller's Agent
Irene Wurden
Windermere RE West Sound Inc.
Buyer's Agent
Dan Marks
John L. Scott, Inc.
List Price
$250,000
Sold Price
$241,000
Premium/Discount to List
-$9,000
-3.6%
Current Estimated Value
$524,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,190
Avg. Annual Appreciation
8.48%

Purchase Details

Closed on
Aug 9, 2005
Sold by
Spain Joshua and Spain Heather
Bought by
Brookes Allister

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2004
Sold by
Littlefield Robert and Littlefield Jodi
Bought by
Spain Josh and Spain Heahter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,800
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2001
Sold by
Hawkinson Joan E
Bought by
Littlefield Robert and Littlefield Jodi

Purchase Details

Closed on
Oct 20, 1998
Sold by
Greve Carolyn and Smith Alverna
Bought by
Hawkinson Joan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,072
Interest Rate
6.71%
Mortgage Type
FHA
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
Lester Shirley $241,000 Land Title Co-Silverdale
Brookes Allister $295,280 Stewart Title Of Kitsap
Spain Josh $222,500 Transnation Title
Littlefield Robert $144,000 Pacific Nw Title
Hawkinson Joan E $137,000 Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brookes Allister $236,000
Previous Owner Spain Josh $199,800
Previous Owner Hawkinson Joan E $135,072
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2016 03/25/16 Sold $241,000 -3.6% $120 / Sq Ft
02/12/2016 02/12/16 Pending -- -- --
07/27/2015 07/27/15 For Sale $250,000 -- $124 / 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 $3,748 $425,390 $86,000 $339,390
2025 $3,748 $429,510 $70,950 $358,560
2024 $3,618 $429,510 $70,950 $358,560
2023 $3,615 $429,510 $70,950 $358,560
2022 $3,540 $354,110 $66,260 $287,850
2021 $3,463 $328,300 $61,570 $266,730
2020 $3,406 $313,120 $58,640 $254,480
2019 $2,618 $263,490 $57,670 $205,820
2018 $2,763 $216,280 $57,670 $158,610
2017 $2,370 $216,280 $57,670 $158,610
2016 $2,299 $194,240 $57,670 $136,570
2015 $2,226 $191,100 $57,670 $133,430
2014 -- $187,950 $57,670 $130,280
2013 -- $217,140 $60,710 $156,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 814260

Northwest Multiple Listing Service (NWMLS)

APN: 4737-000-008-00-04