Listed by NextHome Puget Sound, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

2562 Erlands Point Rd NW Bremerton, WA 98312

Kitsap Lake Neighborhood

Estimated Value: $720,000 - $742,000

6 Beds
4 Baths
3,084 Sq Ft
$237/Sq Ft Est. Value

Last Sold July 16, 2015

Last sale price $274,575 $89 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $4,405/month

75 Days on Market

Highlights

  • Corner Lot
  • Partially Fenced Property
  • Wall to Wall Carpet
  • Central Kitsap High School Rated A-
  • Wood Siding

About This Home

As of July 2015

Opportunity is knocking!! Erlands point 4 plex conveniently located close to schools, shopping, HWY 3 for an easy commute and just minutes from the beach! Home features 4 units, 2 two bedroom, one bathroom units and 2 one bedroom, one bathroom units. Each unit has spacious living rooms and balconies for entertaining. There is a large back yard and plenty of parking off Erlands Point and another parking lot on Dyes Inlet. Likely on Septic (No Records) buyer to verify to their own satisfaction.

Last Agent to Sell the Property

Justin Travatte

NextHome Puget Sound License #18600 Listed on: 02/27/2015

Co-Listed By

Jason Higgins

NextHome Puget Sound License #24290

Last Buyer's Agent

Jacqueline Curtiss

John L. Scott, Inc. License #4363

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 749054

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,571

Year Built

  • Built in 1935

Lot Details

  • 0.34 Acre Lot
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,084 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet

Parking

  • 8 Parking Spaces
  • Open Parking

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Erlands Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05240140552008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,571

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1935
  • Buyer Agency Compensation: 1%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3084
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Auction commission.
  • Special Features: Auction

Interior Features

  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • PowerCompany: Puget Sound Energy
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Central Kitsap #401

Lot Info

  • Parcel Number: 05240140552008
  • Lot Size Acres: 0.34
  • Lot Size Sq Ft: 14810
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

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

Tax Info

  • Year: 2014
  • Tax Annual Amount: 3571

Multi Family

  • Number Of Units Total: 4
  • Leasable Area: 3084
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2015
Closed on
Aug 28, 2015
Sold by
Orr Michael and Curtiss Jacqueline
Bought by
212 Investments Llc
Seller's Agent
Justin Travatte
NextHome Puget Sound
Buyer's Agent
Jacqueline Curtiss
John L. Scott, Inc.
List Price
$245,000
Sold Price
$274,575
Premium/Discount to List
$29,575
12.07%
Current Estimated Value
$731,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$456,425
Avg. Annual Appreciation
9.01%

Purchase Details

Listed on
Feb 27, 2015
Closed on
May 29, 2015
Sold by
U S Bank National Association
Bought by
Orr Michael and Curtiss Jacqueline
Seller's Agent
Justin Travatte
NextHome Puget Sound
Buyer's Agent
Jacqueline Curtiss
John L. Scott, Inc.
List Price
$245,000
Sold Price
$274,575
Premium/Discount to List
$29,575
12.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 10, 2015
Sold by
Viveiros Theodore M
Bought by
U S Bank National Association

Purchase Details

Closed on
Dec 18, 2006
Sold by
Viveiros Theodore
Bought by
Viveiros Investments 2 Llc

Purchase Details

Closed on
Sep 13, 2006
Sold by
Viveiros Kimberly Kelly
Bought by
Viveiros Theodore M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 11, 2006
Sold by
Lintz Ralph Alexander and Lintz Dorothea Lois
Bought by
Viveiros Theodore M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
May 5, 2006
Sold by
Lintz Ralph A and Lintz Dorothea L
Bought by
Lintz Ralph Alexander and Lintz Dorothea Lois
Source: Public Records

Range of Values:

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Average Value
Not Available
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
212 Investments Llc -- None Available
Orr Michael $274,575 First American Title
U S Bank National Association $349,311 Land Title Company
Viveiros Investments 2 Llc -- None Available
Viveiros Theodore M -- Transnation Title
Viveiros Theodore M $420,280 Transnation Title
Lintz Ralph Alexander -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orr Michael $150,000
Previous Owner Viveiros Theodore M $336,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2015 07/16/15 Sold $274,575 +12.1% $89 / Sq Ft
05/15/2015 05/15/15 Pending -- -- --
02/28/2015 02/28/15 For Sale $245,000 -- $79 / 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 $6,124 $606,850 $120,250 $486,600
2024 $5,958 $606,850 $120,250 $486,600
2023 $5,041 $503,280 $108,870 $394,410
2022 $5,188 $459,720 $95,650 $364,070
2021 $4,452 $371,670 $82,440 $289,230
2020 $4,028 $337,830 $74,890 $262,940
2019 $4,020 $328,110 $69,220 $258,890
2018 $3,923 $282,320 $54,760 $227,560
2017 $3,923 $282,320 $54,760 $227,560
2016 $3,759 $250,070 $54,760 $195,310
2015 -- $250,070 $54,760 $195,310
2014 -- $242,900 $54,760 $188,140
2013 -- $242,900 $54,760 $188,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 749054

Northwest Multiple Listing Service (NWMLS)

APN: 052401-4-055-2008