Listed by Paramount Real Estate Group, Bought with Windermere RE West Sound Inc.
NOT LISTED FOR SALE

Estimated Value: $484,698 - $564,000

3 Beds
2 Baths
1,734 Sq Ft
$301/Sq Ft Est. Value

Last Sold September 21, 2015

Last sale price $252,500 $146 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $3,211/month

15 Days on Market

Highlights

  • Views of a Sound
  • Deck
  • Partially Fenced Property
  • RV Access or Parking
  • High Speed Internet
  • Wood Siding

About This Home

As of September 2015

Great investment property. First unit has 2 bedroom, 1 bathroom and 867 sq ft. Second unit has 1 bedroom, 1 bathroom and 867 sq ft total of 1734 sqft. Both duplexes are currently rented for $825. 0% vacancy over the years. Total rent is $1,650 a month. 1 car garage and storage for both units. Lots of off street parking and fenced backyard. Duplex is on 3 lots so lots of possibilities for the future. Great source of cash flow for prospective investors.

Last Agent to Sell the Property

Ryan Comstock

Paramount Real Estate Group License #88886 Listed on: 07/22/2015

Last Buyer's Agent

Christine Todd

Windermere RE West Sound Inc. License #93326

Windermere RE West Sound Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 823122

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $270

Year Built

  • Built in 1953

Lot Details

  • 0.27 Acre Lot
  • Partially Fenced Property

Property Views

  • Views of a Sound
  • Mountain
  • Territorial
  • Limited

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,734 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • RV Access or Parking

Outdoor Features

  • Deck

Schools

  • Suquamish Elementary School
  • Kingston Middle School
  • Kingston High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Suquamish Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4356002019007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$270

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1953
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1734
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 364

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Partial, Sound, Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • Parking Features: RV Parking
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Kitsap County
  • WaterCompany: Kitsap PUD#1
  • WaterSewerGarbage: 239

Schools

  • Junior High Dist: North Kitsap #400
  • High School: Kingston High School
  • Middle Or Junior School: Kingston Middle

Lot Info

  • Parcel Number: 4356002019007
  • Lot Size Acres: 0.27
  • Lot Size Sq Ft: 11761
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet,RV Parking,Shop
  • MLSLotSizeSource: County Records

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1650

Tax Info

  • Year: 2015
  • Tax Annual Amount: 270

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 51
  • Leasable Area: 1734
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Suquamish Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2015
Closed on
Sep 16, 2015
Sold by
Flaman Andrew C and Flaman Pamela K
Bought by
Morrow Dan R and Morrow Jane A
Seller's Agent
Ryan Comstock
Paramount Real Estate Group
Buyer's Agent
Christine Todd
Windermere RE West Sound Inc.
List Price
$265,000
Sold Price
$252,500
Premium/Discount to List
-$12,500
-4.72%
Current Estimated Value
$537,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,892
Avg. Annual Appreciation
7.77%
Original Mortgage
$189,375
Outstanding Balance
$150,524
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$379,756
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
Morrow Dan R $252,500 Fidelity Natl Title Co Wa In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrow Dan R $189,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2015 09/21/15 Sold $252,500 -4.7% $146 / Sq Ft
08/07/2015 08/07/15 Pending -- -- --
07/22/2015 07/22/15 For Sale $265,000 -- $153 / 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 $3,394 $359,940 $60,080 $299,860
2024 $3,867 $429,290 $89,130 $340,160
2023 $3,923 $429,290 $89,130 $340,160
2022 $3,295 $339,210 $74,270 $264,940
2021 $3,113 $292,950 $63,990 $228,960
2020 $3,013 $280,270 $61,130 $219,140
2019 $8,869 $263,190 $57,130 $206,060
2018 $2,753 $215,610 $61,890 $153,720
2017 $2,639 $215,610 $61,890 $153,720
2016 $2,540 $190,190 $61,890 $128,300
2015 $2,517 $190,190 $61,890 $128,300
2014 -- $182,930 $61,890 $121,040
2013 -- $182,930 $61,890 $121,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 823122

Northwest Multiple Listing Service (NWMLS)

APN: 4356-002-019-00-07