NOT LISTED FOR SALE

1475 Lumsden Rd Port Orchard, WA 98367

Estimated Value: $389,386 - $402,000

1.24 Acres
$319,107 Price per Acre
54,014 Sq Ft Lot

Last Sold February 02, 2024

Last sale price $375,000

Est. 6% increase in value since last sale

Current estimated payment $2,448/month

88 Days on Market

About This Lot

As of February 2024

One of the last available lots in Port Orchard Industrial Park! 1.23 acres in City of Port Orchard, with a level building footprint. Conveniently located close to highway. Site is completely ready for development. Water and Sewer are to the property. Use pond during construction and then have storm connection after. Power is in the street. Site has three stage power available. Build a warehouse, office building or use as laydown storage… the possibilities are endless in the diverse industrial Park. Additional lot available MLS 2166674.

Last Agent to Sell the Property

Jessica Alvestad

Coldwell Banker Bain License #122096 Listed on: 10/01/2023

Coldwell Banker Bain

Last Buyer's Agent

Heather Larrin

Paramount Real Estate Group License #128344

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2166667

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,929

Lot Details

  • 1.24 Acre Lot
  • Level Lot

Utilities

  • Overhead Utilities

Community Details

  • No Home Owners Association
  • Port Orchard Indust Park Div 02 Condos
  • East Port Orchard Subdivision

Listing and Financial Details

  • Tax Lot Lot 2
  • Assessor Parcel Number 54910000020003

Property Details

Property Type

Land

Est. Annual Taxes

$2,929

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Port Orchard Indust Park Div 02
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Corners Flagged
  • Special Features: None
  • Cumulative Days on Market: 594

Interior Features

  • Possible Use: Business, Commercial, Industrial
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Lot Features: High Voltage Line, Paved
  • Road Surface Type: Paved
  • View: No
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Paved
  • WaterJurisdiction: City of Port Orchard

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: On Property
  • Water Source: On Property
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: High Voltage Line, Natural Gas Available, Electricity Available
  • ElectricityStatus: In Street
  • GasStatus: In Street

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 54910000020003
  • Topography: Level
  • Lot Size Acres: 1.24
  • Lot Size Sq Ft: 54014
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Business,Commercial,Industrial,Industrial-Light
  • LotNumber: Lot 2

Tax Info

  • Year: 2023

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2023
Closed on
Jan 23, 2024
Sold by
Port Orchard Industrial Park Llc
Bought by
Source Electric Llc
Seller's Agent
Jessica Alvestad
Coldwell Banker Bain
Buyer's Agent
Heather Larrin
Paramount Real Estate Group
List Price
$400,000
Sold Price
$375,000
Premium/Discount to List
-$25,000
-6.25%
Views
33
Current Estimated Value
$395,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,693
Avg. Annual Appreciation
2.27%
Original Mortgage
$187,500
Outstanding Balance
$185,092
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$201,722

Purchase Details

Closed on
Dec 2, 2021
Sold by
1997 Port Orchard Industrial Park Lp
Bought by
Port Orchard Industrial Park Llc

Purchase Details

Closed on
Sep 23, 2021
Sold by
1997 Port Orchard Industrial Park Lp
Bought by
Port Orchard Industrial Path Llc
Source: Public Records

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Range of Values:

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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
Source Electric Llc $375,000 Ticor Title
Port Orchard Industrial Park Llc -- None Available
Port Orchard Industrial Path Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Source Electric Llc $187,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $375,000 -6.3% --
12/28/2023 12/28/23 Pending -- -- --
10/01/2023 10/01/23 For Sale $400,000 -- --
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 $2,929 $335,610 $335,610 --
2024 $138 $16,200 $16,200 --
2023 $138 $16,200 $16,200 $0
2022 $164 $16,200 $16,200 $0
2021 $144 $13,500 $13,500 $0
2020 $149 $13,500 $13,500 $0
2019 $134 $13,290 $13,290 $0
2018 $122 $13,470 $13,470 $0
2017 $150 $13,470 $13,470 $0
2016 $161 $13,470 $13,470 $0
2015 $172 $14,590 $14,590 $0
2014 -- $18,900 $18,900 $0
2013 -- $15,600 $15,600 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jessica Alvestad

    Coldwell Banker Bain

    (253) 514-3580

    38 Total Sales

    Jessica Alvestad
    Section Image

  • H

    Buyer's Agent in 2024

    Heather Larrin

    Paramount Real Estate Group

    (360) 874-0500

    7 Total Sales

    Heather Larrin
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2166667

Northwest Multiple Listing Service (NWMLS)

APN: 5491-000-002-00-03

Washington Kitsap County Port Orchard 98367

1475 Lumsden Rd, Port Orchard, WA

This home is located at 1475 Lumsden Rd, Port Orchard, WA 98367 since 01 October 2023 and is currently estimated at $395,693. 1475 Lumsden Rd is a home located in Kitsap County with nearby schools including Sunnyslope Elementary School, Cedar Heights Middle School, and South Kitsap High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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