Listed by Coldwell Banker Bain, Bought with Infinity Real Estate, LLC
NOT LISTED FOR SALE

2416 15th St Bremerton, WA 98312

Estimated Value: $346,000 - $788,000

8 Beds
5 Baths
2,673 Sq Ft
$223/Sq Ft Est. Value

Last Sold October 14, 2020

Last sale price $577,500 $216 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,616/month

216 Days on Market

Highlights

  • City View
  • Patio
  • Wall to Wall Carpet
  • Deck
  • High Speed Internet
  • 3-minute walk to Matan Park

About This Home

As of October 2020

Investors Dream! Excellent cash flow.Turn-key 4plex in the heart of Bremerton. 3 buildings that include a 1 unit cottage, a duplex plus 1 additional rental unit. Brand new roof installed on buildings housing Units 1,2 & 5 June 2020. The cottage (Unit 3) had the roof replaced in 2015.2 miles to Bremerton Ferry Dock. Easy to rent. Each unit is unique with its own features. Wonderful location near the grocery store, Bremerton High School and Cafes. See it today! Buyer to verify square footage.

Last Agent to Sell the Property

Betsy Tarpley

Coldwell Banker Bain License #25703 Listed on: 01/27/2020

Coldwell Banker Bain

Co-Listed By

Brett Warner

Coldwell Banker Bain License #11179

Last Buyer's Agent

Blake Williams

Infinity Real Estate, LLC License #22033582

Infinity Real Estate, LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1557642

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,572

Year Built

  • Built in 1940

Lot Details

  • 6,970 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,673 Sq Ft Home
  • 2-Story Property
  • City Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Crownhill Elementary School
  • Mtn View Mid Middle School
  • Bremerton High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • West Bremerton Uplands Condos
  • West Bremerton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14240121272005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,572

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1940
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: West Bremerton Uplands
  • New Construction: No
  • CalculatedSquareFootage: 2673
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • View: City
  • Lot Features: Curbs
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • 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: 4788

Condo/Co-op/Association

  • 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: 14240121272005
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6970
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: County Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 4395

Multi Family

  • Gross Scheduled Income: 52740
  • Net Operating Income: 37082
  • Number Of Units Total: 4
  • Insurance Expense: 1761
  • Leasable Area: 2308
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: true
  • VacancyRate: 5

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3572

MLS Schools

  • Elementary School: Crownhill Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2020
Closed on
Oct 13, 2020
Sold by
Sprouse Enterprises Llc
Bought by
Scheeler Corey Alan and Scheeler Staci Lee
Seller's Agent
Betsy Tarpley
Coldwell Banker Bain
Buyer's Agent
Blake Williams
Infinity Real Estate, LLC
List Price
$649,000
Sold Price
$577,500
Premium/Discount to List
-$71,500
-11.02%
Current Estimated Value
$596,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,047
Avg. Annual Appreciation
0.65%
Original Mortgage
$598,290
Outstanding Balance
$532,147
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$64,400

Purchase Details

Closed on
Oct 14, 2003
Sold by
Phillips Paul F and Phillips Katrina A
Bought by
Sprouse Enterprises Llc

Purchase Details

Closed on
Dec 26, 2002
Sold by
Brilor Llc
Bought by
Phillips Paul F and Phillips Katrina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 16, 2002
Sold by
Laubach Charles A and Laubach Ann W
Bought by
Brilor Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 1, 1976
Sold by
Pruitt Thomas D and Pruitt Thelma M
Bought by
Laubach Charles A and Laubach Ann W
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
Scheeler Corey Alan $577,500 Pacific Northwest Title
Sprouse Enterprises Llc $235,000 Pacific Nw Title
Phillips Paul F $190,000 Land Title Company
Brilor Llc -- Land Title Company
Laubach Charles A -- Pioneer National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scheeler Corey Alan $598,290
Previous Owner Phillips Paul F $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2020 10/14/20 Sold $577,500 -11.0% $216 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
06/17/2020 06/17/20 Price Changed $649,000 0.0% $243 / Sq Ft
06/17/2020 06/17/20 For Sale $649,000 +12.4% $243 / Sq Ft
04/01/2020 04/01/20 Off Market $577,500 -- --
03/12/2020 03/12/20 Pending -- -- --
02/16/2020 02/16/20 For Sale $650,000 0.0% $243 / Sq Ft
02/12/2020 02/12/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $650,000 -- $243 / 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
2026 $5,838 $661,890 $81,800 $580,090
2025 $5,838 $661,890 $81,800 $580,090
2024 $5,633 $661,890 $81,800 $580,090
2023 $7,054 $801,980 $81,800 $720,180
2022 $6,036 $616,920 $68,170 $548,750
2021 $4,509 $421,740 $51,410 $370,330
2020 $4,119 $384,930 $47,580 $337,350
2019 $3,552 $344,000 $42,470 $301,530
2018 $3,594 $227,920 $31,930 $195,990
2017 $2,984 $227,920 $31,930 $195,990
2016 $2,785 $201,320 $28,010 $173,310
2015 $2,689 $193,460 $30,460 $163,000
2014 -- $182,900 $30,460 $152,440
2013 -- $195,150 $32,150 $163,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1557642

Northwest Multiple Listing Service (NWMLS)

APN: 142401-2-127-2005