Listed by Paramount Real Estate Group, Bought with PRO RLTYSRVCS Eastside
NOT LISTED FOR SALE

1902 6th St Bremerton, WA 98337

Estimated Value: $591,000 - $612,000

5 Beds
4 Baths
1,946 Sq Ft
$309/Sq Ft Est. Value

Last Sold October 06, 2021

Last sale price $452,000 $232 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,585/month

2 Days on Market

Highlights

  • Territorial View
  • Corner Lot
  • Partially Fenced Property
  • Wood Flooring
  • High Speed Internet
  • 3-minute walk to Kiwanis Park

About This Home

As of October 2021

Investment Opportunity! This 4-plex is situated on a prime corner double lot. There is ample yard to relax or play, and plenty of off-street parking for tenants. All tenants are long term and month-to-month. Also includes a detached garage for storage or use as a shop. Shared washer and dryer are in the basement. Located just 4 minutes from PSNS, Bremerton ferry, and downtown activities - dining, shopping, museums, and festivals, and 15min. to Silverdale.

Last Agent to Sell the Property

Paige Ward

Paramount Real Estate Group License #130684 Listed on: 09/16/2021

Last Buyer's Agent

Ben Nelson

PRO RLTYSRVCS Eastside License #74911

PRO RLTYSRVCS Eastside

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1839111

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $268

Year Built

  • Built in 1914

Lot Details

  • 9,148 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,946 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Parking

  • 10 Parking Spaces
  • Open Parking

Outdoor Features

  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • West Bremerton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 37970260080107

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$268

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1914
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1946
  • Special Features: None
  • Cumulative Days on Market: 371

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Ceramic Tile, Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 10

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Bremerton
  • WaterCompany: City of Bremerton
  • WaterSewerGarbage: 200

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 37970260080107
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9148
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,High Speed Internet,Outbuildings,Shop
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 3925

Multi Family

  • Gross Scheduled Income: 3925
  • Net Operating Income: 2803
  • Number Of Units Total: 4
  • Electric Expense: 286
  • Insurance Expense: 362
  • Leasable Area: 1946
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: true
  • VacancyRate: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 268

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2023
Sold by
Nelson Benjamin
Bought by
Eagles Wings Coordinated Care
Current Estimated Value
$601,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$602,691
Outstanding Balance
$588,298
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$35,702
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
Eagles Wings Coordinated Care $600,000 Aegis Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eagles Wings Coordinated Care $602,691
Previous Owner Nelson Benjamin $313,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2021 10/06/21 Sold $452,000 +6.4% $232 / Sq Ft
09/18/2021 09/18/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $425,000 -- $218 / 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 $3,984 $451,680 $72,040 $379,640
2024 $3,428 $402,700 $72,040 $330,660
2023 $3,661 $416,060 $72,040 $344,020
2022 $3,438 $351,260 $60,030 $291,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1839111

Northwest Multiple Listing Service (NWMLS)

APN: 3797-026-008-02-06