Listed by Northmarq Commercial, LLC, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

3621 Colonial Ln SE Port Orchard, WA 98366

East Port Orchard Neighborhood
-- Bed
-- Bath
6,375 Sq Ft
0.44 Acres

Last Sold June 01, 2021

Last sale price $1,895,000 $297 Per Sq Ft

28 Days on Market

About This Home

As of June 2021

Colonial Meadows is a fully renovated 10 unit property located in Port Orchard. It has been fully repositioned with upside in rents. This property will require little to no heavy lifting upon purchase. Value may be added to the property with the addition of washers and dryers to the remaining five units.

Last Agent to Sell the Property

Joe Kinkopf

Northmarq Commercial, LLC Listed on: 02/19/2021

Last Buyer's Agent

Mace Erickson

Skyline Properties, Inc. License #24105

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1732482

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,579

Year Built

  • Built in 1971

Lot Details

  • 0.44 Acre Lot

Home Design

  • Composition Roof
  • Wood Composite

Interior Spaces

  • 6,375 Sq Ft Home
  • 2-Story Property

Parking

  • 13 Parking Spaces
  • Open Parking

Community Details

  • East Port Orchard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 47640010080008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,579

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1971
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 6375
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 13
  • Open Parking: Yes
  • Total Parking Spaces: 13
  • ParkingUncoveredSpaces: 13

Utilities

  • Sewer: Available
  • Heating Yn: Yes
  • Utilities: Electric
  • WaterSewerGarbage: 14500

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: South Kitsap

Lot Info

  • Parcel Number: 47640010080008
  • Lot Size Acres: 0.44
  • Lot Size Sq Ft: 19166
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: MLS Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 13485

Multi Family

  • Gross Scheduled Income: 161820
  • Net Operating Income: 101085
  • Number Of Units Total: 10
  • Insurance Expense: 2378
  • Leasable Area: 6375
  • EnergySource: Electric
  • UnitsInBuildingTotal: 10
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2021
  • Tax Annual Amount: 11579

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $1,895,000 0.0% $297 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $1,895,000 0.0% $297 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $1,895,000 -- $297 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Joe Kinkopf

    Northmarq Commercial, LLC

    Section Image
  • Mace Erickson

    Buyer's Agent in 2021

    Mace Erickson

    Skyline Properties, Inc

    (206) 505-9418

    1 in this area

    16 Total Sales

    Mace Erickson
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1732482

Northwest Multiple Listing Service (NWMLS)
Washington Kitsap County Port Orchard 98366 East Port Orchard

3621 Colonial Ln SE, Port Orchard, WA

This home is located at 3621 Colonial Ln SE, Port Orchard, WA 98366 since 19 February 2021. This property was built in 1971. 3621 Colonial Ln SE is a home located in Kitsap County with nearby schools including East Port Orchard Elementary School, Marcus Whitman Middle School, and South Kitsap High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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