Listed by Lumin Brokers of Washington, Bought with Keller Williams Realty PS
NOT LISTED FOR SALE

3218 -3220 Halverson Ave Bremerton, WA 98310

Estimated Value: $416,000 - $476,000

4 Beds
2 Baths
1,452 Sq Ft
$304/Sq Ft Est. Value

Last Sold December 21, 2023

Last sale price $397,000 $273 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,646/month

25 Days on Market

Highlights

  • Wood Burning Stove
  • No HOA
  • 1-Story Property
  • Territorial View
  • Wall to Wall Carpet

About This Home

As of December 2023

Fantastic opportunity to live in a freshly renovated unit while renting out the other unit. This duplex features 2 units with 2 bedrooms and 1 bathroom each. Current long-term tenant is on month-to-month lease. The rented unit has not been updated giving an opportunity to renovate and increase rent in the future. Preferred lender Guild Mortgage will cover a total interest rate reduction of 1% for the first year at no cost to the buyer. Seller is willing to negotiate a credit towards a total interest rate reduction of 2% for the first year in which case lender will cover a total interest rate reduction of 1% for the second year at no cost to the buyer. Lender will waive lender fees for future refinance to lower rate until 12/31/2025.

Last Agent to Sell the Property

Richard Kim

Lumin Brokers of Washington License #50106 Listed on: 11/02/2023

Last Buyer's Agent

Michiela Boukalis

Keller Williams Realty PS License #23001338

Keller Williams Realty PS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2177259

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,104

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 10,454

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,452 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Additional Features

  • 10,454 Sq Ft Lot
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sylvan Park Add 01 Condos
  • East Bremerton Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 1
  • Assessor Parcel Number 39730010030002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,104

Year Built

Built in 1952 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1952
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Sylvan Park Add 01
  • New Construction: No
  • CalculatedSquareFootage: 1452
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 370

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove/Free Standing
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Bremerton
  • WaterCompany: City of Bremerton
  • WaterSewerGarbage: 2676

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bremerton #100c

Lot Info

  • Parcel Number: 39730010030002
  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10454
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 3

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 11.84
  • LeasedItems: None
  • TotalMonthlyIncome: 1185

Multi Family

  • Gross Scheduled Income: 35040
  • Net Operating Income: 29030
  • Number Of Units Total: 2
  • Insurance Expense: 1230
  • Leasable Area: 1452
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Dec 20, 2023
Sold by
Dynamis Properties Llc
Bought by
Bravocontreras Jacob
Seller's Agent
Richard Kim
Lumin Brokers of Washington
Buyer's Agent
Michiela Boukalis
Keller Williams Realty PS
List Price
$414,900
Sold Price
$397,000
Premium/Discount to List
-$17,900
-4.31%
Views
24
Current Estimated Value
$441,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,663
Avg. Annual Appreciation
3.36%
Original Mortgage
$377,150
Outstanding Balance
$372,763
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$46,454

Purchase Details

Listed on
Nov 2, 2023
Closed on
Dec 12, 2023
Sold by
Tran Rachel
Bought by
Bravocontreras Jacob
Seller's Agent
Richard Kim
Lumin Brokers of Washington
Buyer's Agent
Michiela Boukalis
Keller Williams Realty PS
List Price
$414,900
Sold Price
$397,000
Premium/Discount to List
-$17,900
-4.31%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,150
Outstanding Balance
$372,763
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$46,454

Purchase Details

Closed on
Jan 31, 2022
Sold by
Schwoch and Larry
Bought by
Power Stone Re Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,400,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2003
Sold by
Reasons Tad and Reasons Stephanie
Bought by
Schwoch Larry R and Schwoch Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,410
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 1999
Sold by
Kimmel Ronald C and Kimmel Ruth A
Bought by
Reasons Tad and Reasons Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
7.68%
Mortgage Type
Seller Take Back
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
Bravocontreras Jacob $397,000 Wfg National Title
Bravocontreras Jacob $313 Wfg National Title
Power Stone Re Llc -- Montgomery Purdue Pllc
Schwoch Larry R $124,900 Land Title Company
Reasons Tad $78,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bravocontreras Jacob $377,150
Previous Owner Dynamis Properties Llc $278,500
Previous Owner Power Stone Re Llc $3,400,000
Previous Owner Schwoch Larry R $96,500
Previous Owner Schwoch Larry R $112,410
Previous Owner Reasons Tad $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2023 12/21/23 Sold $397,000 -4.3% $273 / Sq Ft
11/27/2023 11/27/23 Pending -- -- --
11/02/2023 11/02/23 For Sale $414,900 -- $286 / 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 $2,866 $324,880 $104,560 $220,320
2024 $2,036 $239,080 $104,560 $134,520
2023 $2,104 $239,080 $104,560 $134,520
2022 $1,951 $199,230 $87,130 $112,100
2021 $1,661 $155,210 $58,020 $97,190
2020 $1,557 $145,400 $54,100 $91,300
2019 $1,355 $131,080 $48,610 $82,470
2018 $1,495 $94,860 $39,200 $55,660
2017 $1,243 $94,860 $39,200 $55,660
2016 $1,153 $83,250 $34,380 $48,870
2015 $1,240 $89,090 $34,830 $54,260
2014 $1,243 $86,620 $34,830 $51,790
2013 $1,358 $98,930 $37,270 $61,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2177259

Northwest Multiple Listing Service (NWMLS)

APN: 3973-001-003-00-02