Listed by Keller Williams West Sound, Bought with Keller Williams Greater 360
NOT LISTED FOR SALE

Estimated Value: $421,947 - $502,000

4 Beds
2 Baths
1,584 Sq Ft
$287/Sq Ft Est. Value

Last Sold January 12, 2022

Last sale price $405,000 $256 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,651/month

9 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Patio
  • Corner Lot
  • Cul-De-Sac
  • 2-minute walk to Lent Landing

About This Home

As of January 2022

Fantastic investment potential in Bremerton with easy commute to the ship yard, Naval base and ferries. This duplex is evenly divided with 792 SF, 2 bed and 1 bath per side. 407 Was completely remodeled 6 years ago from the studs up including plumbing, wiring, roof, siding and more. Completely painted inside and out at that time. 405 has been well taken care with a long term tenant and has updated wiring, insulation and a carport that is enclosed on three sides. This duplex is in a fantastic area, it sits on an extra large corner lot and is just a short walk from Lions Park. Live in one side and rent the other or keep it rented for a great cash flow. Opportunity awaits, call today for more information.

Last Agent to Sell the Property

Christopher O'morchoe

Keller Williams West Sound License #121439 Listed on: 12/01/2021

Keller Williams West Sound

Co-Listed By

Nicola Chamness

Keller Williams West Sound License #93377

Last Buyer's Agent

Karl Royston

Keller Williams Greater 360 License #23023012

Keller Williams Greater 360

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1868794

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,026

Year Built

  • Built in 1942

Lot Details

  • 7,405 Sq Ft Lot
  • Cul-De-Sac
  • Corner Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 1,584 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Additional Features

  • Patio
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Bremerton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 39650000920006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,026

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1942
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1584
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Forced Air, Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Cul-De-Sac, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Bremerton
  • WaterCompany: City of Bremerton
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bremerton #100c

Lot Info

  • Parcel Number: 39650000920006
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 23
  • LeasedItems: None
  • TotalMonthlyIncome: 1512

Multi Family

  • Gross Scheduled Income: 18144
  • Net Operating Income: 15418
  • Number Of Units Total: 2
  • Insurance Expense: 701
  • Leasable Area: 1584
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Jan 5, 2022
Sold by
Granlund Rebecca A and Granlund Rebecca A
Bought by
Stanley Justin T and Stanley Emily O
Seller's Agent
Christopher O'morchoe
Keller Williams West Sound
Buyer's Agent
Karl Royston
Keller Williams Greater 360
List Price
$425,000
Sold Price
$405,000
Premium/Discount to List
-$20,000
-4.71%
Current Estimated Value
$454,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,737
Avg. Annual Appreciation
1.28%
Original Mortgage
$303,750
Outstanding Balance
$284,293
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$140,073

Purchase Details

Closed on
Apr 22, 2002
Sold by
Granlund Rebecca A and Watson Rebecca A
Bought by
Granlund Mitchell A and Granlund Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Stanley Justin T $405,000 Pacific Northwest Title
Stanley Justin T $405,000 Pacific Northwest Title
Granlund Mitchell A -- Transnation Title Ins Co
Granlund Rebecca A $20,346 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanley Justin T $303,750
Closed Stanley Justin T $303,750
Previous Owner Granlund Mitchell A $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2022 01/12/22 Sold $405,000 -4.7% $256 / Sq Ft
12/10/2021 12/10/21 Pending -- -- --
12/08/2021 12/08/21 For Sale $425,000 0.0% $268 / Sq Ft
12/04/2021 12/04/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $425,000 -- $268 / 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 $2,740 $317,530 $97,280 $220,250
2024 $2,642 $317,530 $97,280 $220,250
2023 $2,732 $317,530 $97,280 $220,250
2022 $2,535 $265,190 $81,070 $184,120
2021 $2,029 $194,320 $54,110 $140,210
2020 $1,902 $182,300 $50,450 $131,850
2019 $1,653 $164,650 $45,330 $119,320
2018 $1,705 $101,730 $36,560 $65,170
2017 $1,297 $101,730 $36,560 $65,170
2016 $897 $66,560 $32,070 $34,490
2015 $1,185 $87,650 $32,480 $55,170
2014 $1,189 $85,250 $32,480 $52,770
2013 $1,296 $97,120 $34,760 $62,360
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1868794

Northwest Multiple Listing Service (NWMLS)

APN: 3965-000-092-00-06