Listed by Evolution Real Estate Company, Bought with eXp Realty
NOT LISTED FOR SALE

1545 Park Ave Bremerton, WA 98337

Estimated Value: $427,000 - $532,000

4 Beds
2 Baths
2,148 Sq Ft
$227/Sq Ft Est. Value

Last Sold September 12, 2018

Last sale price $300,000 $140 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,965/month

3 Days on Market

Highlights

  • City View
  • Thermal Windows
  • Wood Siding
  • Softwood Flooring
  • Partially Fenced Property
  • 2-minute walk to Evergreen Park

About This Home

As of September 2018

Versatile Property + Great Location = Super Opportunity. Kitty-corner from Evergreen Park is either an Up and Down duplex or four bedroom home. Each floor has a kitchen, two bedrooms, one bath and washer and dryer. There is also a great one-car garage (in need of a little love) and parking for an additional car in the alley. Shipyard or Ferry = 1.1 miles; Olympic College = 0.4 mile. Evergreen Park is the site of a boat launch, the Farmers Market, and an inclusive playground.

Last Agent to Sell the Property

Rod Blackburn

Evolution Real Estate Company License #23233 Listed on: 08/08/2018

Last Buyer's Agent

Jim Bowman

eXp Realty License #122588

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1342540

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,843

Year Built

  • Built in 1908

Lot Details

  • 4,356 Sq Ft Lot
  • Partially Fenced Property
  • Property is in average condition

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,148 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • City Views

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Parking

  • 2 Parking Spaces
  • 1 Covered Space
  • Open Parking

Schools

  • Naval Avenue Elementary School
  • Mtn View Mid Middle School
  • Bremerton High School

Utilities

  • Cable TV Available

Community Details

  • Bremerton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38020020030007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,843

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1908
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2148
  • Special Features: None
  • Cumulative Days on Market: 357

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Softwood, Laminate, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Fir/Softwood, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: City
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Available, Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Bremerton
  • WaterCompany: Bremerton
  • WaterSewerGarbage: 2100

Fee Information

  • Annual Fuel Expense: 1150

Schools

  • Junior High Dist: Bremerton #100c
  • High School: Bremerton High
  • Middle Or Junior School: Mtn View Mid

Lot Info

  • Parcel Number: 38020020030007
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially
  • MLSLotSizeSource: County

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 2600

Multi Family

  • Gross Scheduled Income: 31200
  • Net Operating Income: 19997
  • Number Of Units Total: 6
  • Electric Expense: 1150
  • Insurance Expense: 700
  • Leasable Area: 2148
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 5

Tax Info

  • Year: 2018
  • Tax Annual Amount: 2843

MLS Schools

  • Elementary School: Naval Avenue Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2019
Sold by
Lackman Nicholas
Bought by
Lackman Nicholas and Bowman Katarina
Current Estimated Value
$488,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,756
Outstanding Balance
$261,178
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$212,002

Purchase Details

Listed on
Aug 8, 2018
Closed on
Sep 6, 2018
Sold by
Gartin Gary K and Gartin Debra S
Bought by
Lackman Nicholas S
Seller's Agent
Rod Blackburn
Evolution Real Estate Company
Buyer's Agent
Jim Bowman
eXp Realty
List Price
$285,000
Sold Price
$300,000
Premium/Discount to List
$15,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$294,566
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 25, 2015
Closed on
Mar 26, 2015
Sold by
Mack Stanley J and Mack Jane A
Bought by
Gartin Gary K and Gartin Debra S
Seller's Agent
Linda Henry
Windermere RE West Sound Inc.
Buyer's Agent
Gina Schulz
Better Properties Kitsap
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.25%
Original Mortgage
$120,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2004
Sold by
Cruver Kyle L and Cruver Cynthia K
Bought by
Mack Stanley J and Mack Jane A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2001
Sold by
Adams Craig R and Adams Katherine A
Bought by
Cruver Kyle L and Cruver Cynthia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
7.15%
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
Lackman Nicholas -- Attorneys Ttl Of Kitsap Port
Lackman Nicholas S $300,000 Land Title Company Silverdal
Gartin Gary K $150,000 Land Title Company
Mack Stanley J $184,000 Land Title Company
Cruver Kyle L $115,000 Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lackman Nicholas $39,000
Open Lackman Nicholas $294,756
Closed Lackman Nicholas S $294,566
Previous Owner Gartin Gary K $120,000
Previous Owner Mack Stanley J $142,000
Previous Owner Mack Stanley J $147,200
Previous Owner Cruver Kyle L $103,890
Previous Owner Cruver Kyle L $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2018 09/12/18 Sold $300,000 +5.3% $140 / Sq Ft
08/11/2018 08/11/18 Pending -- -- --
08/08/2018 08/08/18 For Sale $285,000 +90.0% $133 / Sq Ft
04/01/2015 04/01/15 Sold $150,000 0.0% $70 / Sq Ft
02/27/2015 02/27/15 Pending -- -- --
02/25/2015 02/25/15 For Sale $150,000 -- $70 / 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 $3,667 $415,650 $76,500 $339,150
2024 $3,538 $415,650 $76,500 $339,150
2023 $3,657 $415,650 $76,500 $339,150
2022 $3,404 $347,780 $63,750 $284,030
2021 $3,383 $316,430 $45,780 $270,650
2020 $3,143 $293,650 $42,370 $251,280
2019 $2,731 $264,370 $37,820 $226,550
2018 $2,843 $180,820 $28,430 $152,390
2017 $2,367 $180,820 $28,430 $152,390
2016 $2,215 $160,130 $24,940 $135,190
2015 $1,794 $128,990 $27,130 $101,860
2014 -- $123,140 $27,130 $96,010
2013 -- $131,480 $28,640 $102,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1342540

Northwest Multiple Listing Service (NWMLS)

APN: 3802-002-003-00-07