Listed by eXp Realty, Bought with Better Properties Kitsap
NOT LISTED FOR SALE

3840 Franway Ln SW Port Orchard, WA 98367

Estimated Value: $69,429

1.11 Acres
$62,549 Price per Acre
48,352 Sq Ft Lot

Last Sold May 08, 2023

Last sale price $65,000

Est. 7% increase in value since last sale

Current estimated payment $405/month

6 Days on Market

Highlights

  • Territorial View
  • No HOA
  • Level Lot

About This Lot

As of May 2023

This private, wooded, 1+ acre parcel has a small lake tucked below the best building site. The property has easy access to Hwy 16 for shopping or commuting and is located between the Tremont and Sedgewick exits. A septic design from Nathan Cleaver was done in 2005 and test pits for the 3-bedroom design had great soils...56" to 60" of Sandy Loam. That was a gravity system back in 2005, but it may be a pump-to-gravity system today. The best building is level and located is in the SE corner. This could be a perfect location for a modest home or metal shop building, no manufactured homes are allowed. Great price for this land!

Last Agent to Sell the Property

Art Conrad

eXp Realty License #6033 Listed on: 03/03/2023

eXp Realty

Last Buyer's Agent

Amy McIntyre

Better Properties Kitsap License #123941

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2038760

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $327

Lot Details

  • 1.11 Acre Lot
  • Level Lot
  • Zoning described as RR

Property Views

  • Territorial Views

Schools

  • Sidney Glen Elementary School
  • Cedar Heights Jh Middle School
  • So. Kitsap High School

Utilities

  • Well Required
  • Septic Design Applied
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Port Orchard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03230110412004

Property Details

Property Type

Land

Est. Annual Taxes

$327

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Brush,Evergreens,Heavily Forested,Pond
  • Special Features: None
  • Cumulative Days on Market: 853

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Territorial
  • Lot Features: Paved
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: County Maintained,Paved

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Not Available
  • Water Source: Well Needed
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: No
  • Utilities: Natural Gas Available, Electricity Available, Septic Design Applied
  • ElectricityStatus: In Street
  • GasStatus: Available
  • SepticDesignApplied: true
  • SepticDesignInstalled: false
  • SepticSystemType: Standard

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: South Kitsap
  • High School: So. Kitsap High
  • Middle Or Junior School: Cedar Heights Jh

Lot Info

  • Parcel Number: 03230110412004
  • Topography: Level,Sloped
  • Lot Size Acres: 1.11
  • Lot Size Sq Ft: 48352
  • Zoning Description: RR
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County Records
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • SoilFeasibilityTest: true
  • SoilTestDate: 2005

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 327

MLS Schools

  • Elementary School: Sidney Glen Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
Apr 11, 2023
Sold by
Slezak David B and Slezak Zerelda L
Bought by
Willis Brody
Seller's Agent
Art Conrad
eXp Realty
Buyer's Agent
Amy McIntyre
Better Properties Kitsap
List Price
$65,000
Sold Price
$65,000
Views
47
Current Estimated Value
$69,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,429
Avg. Annual Appreciation
2.19%
Original Mortgage
$48,750
Outstanding Balance
$43,801
Interest Rate
5.68%
Mortgage Type
New Conventional
Estimated Equity
$24,527

Purchase Details

Listed on
Apr 4, 2018
Closed on
Dec 4, 2019
Sold by
Sulkosky Steven
Bought by
Slezak David B and Slezak Zerelda L
Seller's Agent
Gary Stewart
John L. Scott, Inc.
Buyer's Agent
Rachelle Strutz
Commercial Advantage, LLC
List Price
$45,000
Sold Price
$29,500
Premium/Discount to List
-$15,500
-34.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.07%

Purchase Details

Closed on
Jun 10, 2005
Sold by
Adams Carleton D
Bought by
Sulkosky Steve

Purchase Details

Closed on
Aug 12, 2004
Sold by
Adams Dorothy
Bought by
Adams Carleton D
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
Willis Brody -- Aegis Land Title
Slezak David B $29,500 Attorneys Ttl Of Kitsap Port
Sulkosky Steve $25,000 Transnation Title
Adams Carleton D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willis Brody $48,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold $65,000 0.0% --
03/09/2023 03/09/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $65,000 +120.3% --
12/10/2019 12/10/19 Sold $29,500 -15.7% --
11/22/2019 11/22/19 Pending -- -- --
03/27/2019 03/27/19 Price Changed $35,000 -22.2% --
10/12/2018 10/12/18 For Sale $45,000 0.0% --
08/30/2018 08/30/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $45,000 -- --
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 $339 $39,730 $39,730 --
2024 $329 $39,730 $39,730 --
2023 $327 $39,730 $39,730 $0
2022 $311 $31,670 $31,670 $0
2021 $300 $28,790 $28,790 $0
2020 $530 $49,570 $49,570 $0
2019 $445 $45,810 $45,810 $0
2018 $483 $39,430 $39,430 $0
2017 $423 $39,430 $39,430 $0
2016 $441 $37,550 $37,550 $0
2015 $435 $37,550 $37,550 $0
2014 -- $40,960 $40,960 $0
2013 -- $48,410 $48,410 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2038760

Northwest Multiple Listing Service (NWMLS)

APN: 032301-1-041-2004