Listed by Berkshire Hathaway HS NW, Bought with Kitsap Brokers LLC
NOT LISTED FOR SALE

Estimated Value: $528,693 - $593,000

3 Beds
3 Baths
2,017 Sq Ft
$278/Sq Ft Est. Value

Last Sold March 18, 2021

Last sale price $464,000 $230 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,398/month

2 Days on Market

Highlights

  • Views of a Sound
  • Patio
  • Partially Fenced Property
  • RV Access or Parking
  • High Speed Internet
  • Wall to Wall Carpet

About This Home

As of March 2021

Holy grail for investors! Built in 2010. Medium residential zoned, multi-family home for sale. 3 separate spaces. Live in one space and rent out the other 2, or rent all 3! All spaces 1 bedroom 1 bath. Top and bottom space identical in SQFT and layout. Top space does not have stove but has full size refrigerator, sink, and dishwasher. 2 car garage and 3 additional uncovered parking spaces out front. Currently garage is set up as a communal laundry and storage area. Room for an RV if desired. Low maintenance lot keeps operating expenses low. Beautiful views (especially from the top floor deck) of Sinclair inlet and Mt. Rainier and the cascades on clear days. Close to shopping, freeways, downtown Bremerton, and Naval Shipyard.

Last Agent to Sell the Property

Johne Boukalis

Berkshire Hathaway HS NW License #138604 Listed on: 01/13/2021

Berkshire Hathaway HS NW

Last Buyer's Agent

Mark Larson

Kitsap Brokers LLC License #49698

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1716584

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,280

Year Built

  • Built in 2010

Lot Details

  • 4,792 Sq Ft Lot
  • Street terminates at a dead end
  • Partially Fenced Property

Property Views

  • Views of a Sound
  • Strait Views
  • Mountain
  • Territorial

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,017 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Patio

Schools

  • West Hills Elementary School
  • Mtn View Mid Middle School
  • Bremerton High School

Utilities

  • Overhead Utilities
  • High Speed Internet
  • Cable TV Available

Community Details

  • West Bremerton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 46240080040205

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,280

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 2010
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2017
  • Special Features: None
  • Cumulative Days on Market: 370

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Sound, Strait, Territorial
  • Lot Features: Dead End Street, High Voltage Line, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, High Voltage Line, Sewer Connected, Electric
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Kitsap County Sewer
  • WaterCompany: City of Bremerton
  • WaterSewerGarbage: 2287

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Bremerton #100c
  • High School: Bremerton High
  • Middle Or Junior School: Mtn View Mid

Lot Info

  • Parcel Number: 46240080040205
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4792
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Patio,RV Parking
  • MLSLotSizeSource: Kitsap County Parcel
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 3250

Multi Family

  • Gross Scheduled Income: 39000
  • Net Operating Income: 32202
  • Number Of Units Total: 3
  • Electric Expense: 1111
  • Insurance Expense: 348
  • Leasable Area: 2017
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4280

MLS Schools

  • Elementary School: West Hills Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2009
Sold by
Federal Deposit Insurance Corporation
Bought by
First Citizens Bank & Trust Company
Current Estimated Value
$559,923

Purchase Details

Closed on
Oct 21, 2009
Sold by
First Citizens Bank
Bought by
Nevada Holdings Trust and Brown Philip S

Purchase Details

Closed on
Feb 5, 2009
Sold by
Meyer Jeffry S
Bought by
Venture Bank

Purchase Details

Closed on
Jun 28, 2007
Sold by
Meyer Cynthia M
Bought by
Meyer Jeffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Interest Rate
6.21%
Mortgage Type
Construction
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
First Citizens Bank & Trust Company -- Accommodation
Nevada Holdings Trust $43,180 First American Title Ins
Venture Bank $65,000 First American Title Ins
Meyer Jeffrey S -- Transnation Title Ins Co
Meyer Jeffrey S $68,780 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nevada Holdings Trust $100,000
Previous Owner Meyer Jeffrey S $257,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2021 03/18/21 Sold $464,000 -1.8% $230 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $472,500 -- $234 / 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 $4,451 $456,710 $89,000 $367,710
2024 $4,365 $456,710 $89,000 $367,710
2023 $4,298 $456,710 $89,000 $367,710
2022 $4,659 $447,290 $74,160 $373,130
2021 $4,579 $412,380 $56,030 $356,350
2020 $4,280 $383,420 $51,850 $331,570
2019 $3,783 $343,550 $46,280 $297,270
2018 $4,244 $259,660 $34,800 $224,860
2017 $3,460 $259,660 $34,800 $224,860
2016 $3,213 $228,710 $30,530 $198,180
2015 $3,218 $229,250 $33,200 $196,050
2014 -- $217,720 $33,200 $184,520
2013 -- $233,020 $35,040 $197,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1716584

Northwest Multiple Listing Service (NWMLS)

APN: 4624-008-004-02-05