Listed by Windermere RE West Sound Inc., Bought with Windermere Prof Partners
$197,000
SOLD FEB 13, 2015

1910 NE Sylvan Way Bremerton, WA 98310

-- Bed
-- Bath
3,200 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$62 Per Sq Ft

4% Below List Price

Highlights

  • Wood Siding
  • 1-Story Property
  • 1-minute walk to Bataan Park
  • Wall to Wall Carpet

About This Home

As of November 2017

Well maintained, fully leased triplex on N side of Sylvan Way. Apt 1908 is 800 sq.ft, 2 bdrm, 1 bth, has carport & Satellite dish; shares leased coin laundry with 1910A which is 800 SF 1 Bdrm,1 bth. Apt 1910B is a huge daylight basement 1,600 SF 2 Bdrm, 1 bth w/extra office area/living area; has FP, satellite dish; W/D owned by seller in separate laundry area. New septic system in 2006, new roof in 2009, new exterior paint June 2014. Separate electric meters. Excellent Cap Rate, GRM & cash flow!

Last Agent to Sell the Property

Mark Danielsen

Windermere RE West Sound Inc. License #8494 Listed on: 07/23/2014

Windermere RE West Sound Inc.

Last Buyer's Agent

Barry Jones

Windermere Prof Partners License #22465

Windermere Prof Partners

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 672079

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,168

Year Built

  • Built in 1956

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 79x100
  • Property is in good condition

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,200 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 1 Covered Space
  • Open Parking

Schools

  • Bremerton High School

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • East Bremerton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 46820000240306

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,168

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1956
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3200
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electric
  • PowerCompany: PSE
  • WaterCompany: City
  • WaterSewerGarbage: 1074

Schools

  • Junior High Dist: Bremerton #100c
  • High School: Bremerton High

Lot Info

  • Parcel Number: 46820000240306
  • Lot Size Acres: 0.18
  • Lot Size: 79X100
  • Lot Size Sq Ft: 7841
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: County Records
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 7
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 26700
  • Net Operating Income: 17165
  • Number Of Units Total: 3
  • Insurance Expense: 803
  • Leasable Area: 3200
  • UnitsInBuildingTotal: 1
  • UnitsBelowGrade: true
  • VacancyRate: 8

Tax Info

  • Year: 2014
  • Tax Annual Amount: 2168

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2017
Closed on
Nov 6, 2017
Sold by
Wilkins Robert H
Bought by
Large Eric A and Rock Shannon Lynn
Seller's Agent
TJ Martin
Martin Real Estate Group
Buyer's Agent
Jim Olivto
eXp Realty
List Price
$349,000
Sold Price
$324,000
Premium/Discount to List
-$25,000
-7.16%
Current Estimated Value
$533,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,602
Avg. Annual Appreciation
5.56%
Original Mortgage
$243,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 23, 2014
Closed on
Feb 9, 2015
Sold by
Perkins Sherman L
Bought by
Wilkins Robert H
Seller's Agent
Mark Danielsen
Windermere RE West Sound Inc.
Buyer's Agent
Barry Jones
Windermere Prof Partners
List Price
$205,000
Sold Price
$197,000
Premium/Discount to List
-$8,000
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.91%
Original Mortgage
$197,000
Interest Rate
3.8%
Mortgage Type
VA

Purchase Details

Closed on
Jan 5, 2004
Sold by
Price William C and Price Gail C
Bought by
Perkins Sherman L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
5.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 29, 1999
Sold by
Faessler Alan C and Faessler Lori K
Bought by
Price William C and Price Gail C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,200
Interest Rate
6.79%

Purchase Details

Closed on
Dec 21, 1995
Sold by
Burden Bernard E and Lakey Lonnie J
Bought by
Faessler Alan C and Faessler Lori K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,440
Interest Rate
7.36%
Mortgage Type
VA
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 Type Sale Price Title Company
Deed -- Attorney Title
Warranty Deed $197,000 Pacific Northwest Title Co
Warranty Deed $157,000 Pacific Nw Title
Warranty Deed $134,000 Land Title Company
Warranty Deed $122,000 Charter Title Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 New Conventional
Closed $243,000 New Conventional
Previous Owner $197,199 Commercial
Previous Owner $197,000 VA
Previous Owner $138,750 Commercial
Previous Owner $146,000 Commercial
Previous Owner $125,600 Commercial
Previous Owner $107,200 No Value Available
Previous Owner $124,440 VA
Closed $15,700 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2017 11/09/17 Sold $324,000 -0.3% $101 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
09/22/2017 09/22/17 Price Changed $324,900 -6.9% $102 / Sq Ft
09/15/2017 09/15/17 For Sale $349,000 +77.2% $109 / Sq Ft
02/13/2015 02/13/15 Sold $197,000 -3.9% $62 / Sq Ft
01/13/2015 01/13/15 Pending -- -- --
07/23/2014 07/23/14 For Sale $205,000 -- $64 / 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 $4,560 $429,450 $98,320 $331,130
2024 $4,409 $429,450 $98,320 $331,130
2023 $4,481 $436,230 $98,320 $337,910
2022 $4,583 $396,970 $81,930 $315,040
2021 $3,924 $316,470 $47,950 $268,520
2020 $3,245 $266,180 $50,980 $215,200
2019 $2,972 $240,830 $45,810 $195,020
2018 $2,992 $180,210 $36,940 $143,270
2017 $2,670 $180,210 $36,940 $143,270
2016 $2,549 $163,320 $32,400 $130,920
2015 $2,180 $141,150 $32,820 $108,330
2014 $2,168 $136,660 $32,820 $103,840
2013 $2,373 $156,910 $35,120 $121,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 672079

Northwest Multiple Listing Service (NWMLS)

APN: 4682-000-024-03-06