NOT LISTED FOR SALE

1702 Olympic Ave Bremerton, WA 98312

Estimated Value: $355,000 - $445,665

6 Beds
2 Baths
1,708 Sq Ft
$239/Sq Ft Est. Value

Last Sold May 29, 2021

Last sale price $295,800 $173 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,382/month

Highlights

  • Views of a Sound
  • High Speed Internet
  • Wood Siding
  • Corner Lot
  • Property is Fully Fenced
  • 1-minute walk to Matan Park

About This Home

As of May 2021

Duplex very close to the shipyard, ferry, schools, college, and shopping . Each unit has each own washer/dryer hook up. Larger unit has 3 parking spots on lot. Current tenants wants to extend lease.

Last Agent to Sell the Property

Jun Dominguez

John L. Scott, Inc. License #35781 Listed on: 05/29/2021

John L. Scott, Inc.

Last Buyer's Agent

Jun Dominguez

John L. Scott, Inc. License #35781 Listed on: 05/29/2021

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1784376

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,232

Year Built

  • Built in 1952

Lot Details

  • 7,405 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,708 Sq Ft Home
  • 1-Story Property
  • Views of a Sound

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 3 Parking Spaces
  • Open Parking

Schools

  • Bremerton High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Bremerton Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 5
  • Assessor Parcel Number 37030050040009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,232

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1952
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1708
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Composition
  • View: Sound
  • Lot Features: Corner Lot, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 3
  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Bremerton
  • WaterCompany: City of Bremerton

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Annual Fuel Expense: 1300

Schools

  • Junior High Dist: Bremerton #100c
  • High School: Bremerton High
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 37030050040009
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gas Available,High Speed Internet
  • MLSLotSizeSource: public
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 4

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 2700

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2232

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 2472
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2021
Closed on
May 25, 2021
Sold by
Zarachowicz Alex Riske
Bought by
Stubblefield William J and Gray Christina Eileen
Seller's Agent
Jun Dominguez
John L. Scott, Inc.
Buyer's Agent
Jun Dominguez
John L. Scott, Inc.
List Price
$295,800
Sold Price
$295,800
Current Estimated Value
$408,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,116
Avg. Annual Appreciation
7.60%
Original Mortgage
$290,442
Outstanding Balance
$262,801
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$146,115

Purchase Details

Closed on
Dec 21, 2016
Sold by
Craig Victor A and Craig Sara
Bought by
Zarachowicz Alex Riske

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,977
Interest Rate
4.03%
Mortgage Type
VA

Purchase Details

Closed on
May 21, 2008
Sold by
Gmac Mortgage Llc
Bought by
Craig Victor and Craig Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2008
Sold by
Soule James A and Mortgage Electronic Registrati
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corp

Purchase Details

Closed on
Nov 17, 2006
Sold by
Johnson Kendall
Bought by
Soule James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
8.49%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 2, 1997
Sold by
Miller Dorothy S
Bought by
Johnson Kendall and Johnson K
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
Stubblefield William J $295,800 Pacific Northwest Ttl Silver
Zarachowicz Alex Riske $215,229 None Available
Craig Victor $153,280 First American Title Ins Co
Gmac Mortgage Llc $160,650 First American Title Ins Co
Soule James A $215,280 Transnation Title
Johnson Kendall $81,600 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stubblefield William J $290,442
Previous Owner Zarachowicz Alex Riske $188,977
Previous Owner Craig Victor $137,700
Previous Owner Soule James A $234,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2021 05/29/21 Sold $295,800 0.0% $173 / Sq Ft
05/29/2021 05/29/21 For Sale $295,800 -- $173 / 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 $2,903 $329,030 $82,690 $246,340
2025 $2,903 $329,030 $82,690 $246,340
2024 $2,801 $329,030 $82,690 $246,340
2023 $2,895 $329,030 $82,690 $246,340
2022 $2,691 $274,860 $68,910 $205,950
2021 $2,409 $225,220 $51,940 $173,280
2020 $2,234 $208,700 $48,070 $160,630
2019 $1,920 $185,830 $42,910 $142,920
2018 $2,007 $118,130 $32,260 $85,870
2017 $1,547 $118,130 $32,260 $85,870
2016 $1,435 $103,700 $28,300 $75,400
2015 $1,373 $98,720 $30,780 $67,940
2014 -- $94,660 $30,780 $63,880
2013 -- $108,530 $32,480 $76,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1784376

Northwest Multiple Listing Service (NWMLS)

APN: 3703-005-004-00-09