Listed by Realogics Sotheby's Int'l Rlty, Bought with Manette Real Estate Co.
NOT LISTED FOR SALE

1715 Olympic Ave Bremerton, WA 98312

Estimated Value: $409,000 - $483,000

4 Beds
2 Baths
1,568 Sq Ft
$276/Sq Ft Est. Value

Last Sold August 20, 2019

Last sale price $297,000 $189 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,560/month

5 Days on Market

Highlights

  • Thermal Windows
  • Patio
  • Wood Siding
  • Views
  • Partially Fenced Property
  • 1-minute walk to Matan Park

About This Home

As of August 2019

Great Investment Opportunity! Easy to rent one level duplex with many upgrades. Parks on either side of this part of Olympic Avenue! Close to Olympic College, PSNS and on the bus line. New fast ferry to Seattle is minutes away. Each unit has two bedrooms and a full bath. Laundry is included. New laminate flooring. Fully fenced back yard. New private driveway for parking. House includes both 1715 and 1713 Olympic Ave. 1715 has a peek-a-boo view of Sinclair Inlet.

Last Agent to Sell the Property

Meg Burkett

Realogics Sotheby's Int'l Rlty License #18868 Listed on: 07/15/2019

Realogics Sotheby's Int'l Rlty

Last Buyer's Agent

Stephanie Vezina

Manette Real Estate Co. License #123496

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1490395

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,868

Year Built

  • Built in 1952

Lot Details

  • 6,534 Sq Ft Lot
  • Partially Fenced Property
  • Property is in average condition

Parking

  • 1 Parking Space

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,568 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Property Views

Flooring

  • Laminate
  • Vinyl

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Anderson Cove Condos
  • West Bremerton Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 3
  • Assessor Parcel Number 37020030050004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,868

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
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Anderson Cove
  • New Construction: No
  • CalculatedSquareFootage: 1568
  • Special Features: None
  • Cumulative Days on Market: 354

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Forced Air, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Playground,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: See Remarks
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 1
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Bremerton
  • WaterCompany: City of Bremerton
  • WaterSewerGarbage: 2736

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Bremerton #100c

Lot Info

  • Parcel Number: 37020030050004
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,Patio
  • MLSLotSizeSource: Tax
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 5

Green Features

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

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 1700

Multi Family

  • Gross Scheduled Income: 20400
  • Net Operating Income: 4958
  • Number Of Units Total: 2
  • Insurance Expense: 366
  • Leasable Area: 1568
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 1868

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2019
Closed on
Aug 19, 2019
Sold by
Brown Alvin M and Proctor Brown Renee A
Bought by
Urner Stacey
Seller's Agent
Meg Burkett
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Stephanie Vezina
Manette Real Estate Co.
List Price
$290,000
Sold Price
$297,000
Premium/Discount to List
$7,000
2.41%
Current Estimated Value
$427,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,840
Avg. Annual Appreciation
5.66%
Original Mortgage
$222,750
Outstanding Balance
$196,770
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$216,662

Purchase Details

Listed on
May 6, 2013
Closed on
Sep 11, 2013
Sold by
Park D Robert and Park Robin C
Bought by
Brown Alvin M and Proctor Brown Renee A
Buyer's Agent
Meg Burkett
Realogics Sotheby's Int'l Rlty
List Price
$129,000
Sold Price
$129,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.10%
Original Mortgage
$96,750
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2006
Sold by
Silvernale Charles E and Silvernale Jennifer Beth
Bought by
Park D Robert and Park Robin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2006
Sold by
Fuaso Edna P
Bought by
Silvernale Charles E

Purchase Details

Closed on
May 11, 2005
Sold by
Moore Thomas and Moore Agnes F
Bought by
Fuaso Edna P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 25, 2005
Sold by
Moore Agnes F
Bought by
Moore Thomas and Moore Agnes F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 18, 2003
Sold by
Ives Rhonda
Bought by
Moore Agnes F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,288
Interest Rate
7.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2002
Sold by
Nimrick Randy and Nimrick Rhonda L
Bought by
Uves Rhonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,320
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 5, 1999
Sold by
Nimrick Linda M
Bought by
Nimrick Randy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
7.63%

Purchase Details

Closed on
Jul 29, 1999
Sold by
Crawford Raymond B and Crawford Teresa G
Bought by
Nimrick Randy and Nimrick Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
7.63%
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
Urner Stacey $297,000 Pacific Northwest Ttl Silver
Brown Alvin M -- Pacific Northwest Title Silv
Park D Robert $215,280 Pacific Nw Title
Silvernale Charles E $160,659 None Available
Fuaso Edna P $185,000 First American Title Ins
Moore Thomas -- Transnation Title
Moore Agnes F $115,360 Pacific Nw Title
Moore Agnes F -- Pacific Nw Title
Uves Rhonda $90,750 Pacific Northwest Title
Nimrick Randy -- Land Title Company
Nimrick Randy $60,000 Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Urner Stacey $222,750
Previous Owner Brown Alvin M $96,750
Previous Owner Park David Robert $178,400
Previous Owner Park D Robert $172,000
Previous Owner Fuaso Edna P $148,000
Previous Owner Moore Thomas $140,675
Previous Owner Moore Agnes F $92,288
Previous Owner Uves Rhonda $89,320
Previous Owner Nimrick Randy $54,000
Closed Uves Rhonda $5,000
Closed Moore Agnes F $23,072
Closed Fuaso Edna P $37,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2019 08/20/19 Sold $297,000 +2.4% $189 / Sq Ft
07/20/2019 07/20/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $290,000 +124.8% $185 / Sq Ft
09/17/2013 09/17/13 Sold $129,000 0.0% $82 / Sq Ft
08/19/2013 08/19/13 Pending -- -- --
05/06/2013 05/06/13 For Sale $129,000 -- $82 / 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 $2,744 $310,990 $81,800 $229,190
2024 $2,648 $310,990 $81,800 $229,190
2023 $2,737 $310,990 $81,800 $229,190
2022 $2,543 $259,790 $68,170 $191,620
2021 $2,350 $219,700 $51,410 $168,290
2020 $2,179 $203,590 $47,580 $156,010
2019 $1,868 $180,830 $42,020 $138,810
2018 $1,953 $120,400 $31,590 $88,810
2017 $1,577 $120,400 $31,590 $88,810
2016 $1,463 $105,690 $27,710 $77,980
2015 $1,301 $93,550 $30,140 $63,410
2014 -- $89,760 $30,140 $59,620
2013 -- $102,790 $31,810 $70,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1490395

Northwest Multiple Listing Service (NWMLS)

APN: 3702-003-005-00-04