Listed by Paramount Real Estate Group, Bought with R1 Washington
NOT LISTED FOR SALE

398 Sylvan Way Bremerton, WA 98310

Estimated Value: $544,000 - $622,000

4 Beds
2 Baths
2,016 Sq Ft
$283/Sq Ft Est. Value

Last Sold October 31, 2013

Last sale price $160,000 $79 Per Sq Ft

Est. 257% increase in value since last sale

Current estimated payment $3,396/month

361 Days on Market

Highlights

  • Cul-De-Sac
  • Wall to Wall Carpet
  • 4-minute walk to Blueberry Park
  • Wood Siding
  • 1-Story Property

About This Home

As of October 2013

Great investment property. 2 bedroom, 1 bathroom, 1,000 sq ft per side duplex. Each side rented for $850. Quiet east side location, but close to everything. Accessible to Bangor, PSNS and the bus system. Roomy, comfortable, with garages between units for privacy. Great source of cash flow for prospective investors. Great rental history. APPROVED SHORT SALE! Letter in hand and APPROVED PRICE!

Last Agent to Sell the Property

Ryan Comstock

Paramount Real Estate Group License #88886 Listed on: 10/11/2012

Last Buyer's Agent

Leslie Rose

R1 Washington License #102402

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 414166

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,438

Year Built

  • Built in 1984

Lot Details

  • 0.32 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,016 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Community Details

  • Bremerton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02240131212003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,438

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1984
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 2016
  • SOCComments: Subject To Lender Approval
  • Special Features: 12

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Dead End Street
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City Of Bremerton
  • WaterCompany: City Of Bremerton
  • WaterSewerGarbage: 150

Schools

  • Junior High Dist: Bremerton #100c

Lot Info

  • Parcel Number: 02240131212003
  • Lot Size Acres: 0.32
  • Lot Size Sq Ft: 13939
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1750

Tax Info

  • Year: 2012

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 2016
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2019
Sold by
Walker Michael
Bought by
Johnson Alfonso and Johnson Yasmin
Current Estimated Value
$570,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,030
Outstanding Balance
$376,565
Interest Rate
3.7%
Mortgage Type
VA
Estimated Equity
$194,102

Purchase Details

Listed on
Oct 11, 2012
Closed on
Oct 19, 2013
Sold by
After Fishing Llc
Bought by
Tomick Llc
Seller's Agent
Ryan Comstock
Paramount Real Estate Group
Buyer's Agent
Leslie Rose
R1 Washington
List Price
$160,000
Sold Price
$160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%

Purchase Details

Closed on
May 4, 2007
Sold by
Elwell Douglas and Elwell Kristen
Bought by
After Fishing Llc

Purchase Details

Closed on
Dec 10, 2004
Sold by
Montgomery James D and Montgomery Angie Sang Sim
Bought by
Elwell Douglas and Elwell Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,400
Interest Rate
2%
Mortgage Type
Unknown
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
Johnson Alfonso $420,000 Attorneys Ttl Of Kitsap Port
Walker Michael -- Attorneys Ttl Of Kitsap Port
Tomick Llc $160,280 None Available
After Fishing Llc -- None Available
Elwell Douglas $223,000 Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Alfonso $429,030
Previous Owner Elwell Douglas $178,400
Closed Elwell Douglas $22,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2013 10/31/13 Sold $160,000 0.0% $79 / Sq Ft
10/08/2013 10/08/13 Pending -- -- --
10/11/2012 10/11/12 For Sale $160,000 -- $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
2026 $4,438 $513,010 $111,650 $401,360
2025 $4,438 $513,010 $111,650 $401,360
2024 $4,280 $513,010 $111,650 $401,360
2023 $4,425 $513,010 $111,650 $401,360
2022 $4,097 $427,500 $93,040 $334,460
2021 $3,364 $321,330 $62,090 $259,240
2020 $3,075 $293,960 $57,890 $236,070
2019 $2,671 $265,250 $52,020 $213,230
2018 $2,978 $189,850 $41,950 $147,900
2017 $2,427 $189,850 $41,950 $147,900
2016 $2,250 $166,660 $36,800 $129,860
2015 $2,062 $152,060 $37,270 $114,790
2014 -- $146,840 $37,270 $109,570
2013 -- $170,330 $39,890 $130,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 414166

Northwest Multiple Listing Service (NWMLS)

APN: 022401-3-121-2003