Listed by PRO RLTYSRVCS Eastside, Bought with Keller Williams West Sound
NOT LISTED FOR SALE

Estimated Value: $420,000 - $503,000

5 Beds
2 Baths
1,896 Sq Ft
$244/Sq Ft Est. Value

Last Sold March 04, 2016

Last sale price $180,000 $95 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $2,771/month

84 Days on Market

Highlights

  • Wood Siding
  • 1-Story Property
  • 3-minute walk to Lent Landing

About This Home

As of March 2016

Great duplex to add to your investment protfolio. Both units are 2bd 1ba and have long term tenants with upside in rents. Actual 7.5% cap rate with current rents and both units are individually metered for wtr/swr sp tenants pay their own! Located close to schools and parks, there had been lots of updating done to include paint and decks. Plenty of off street parking for both units and desireable area makes rentals in this area rent quickly. Call for a showing today!

Last Agent to Sell the Property

Ben Nelson

PRO RLTYSRVCS Eastside License #74911 Listed on: 11/19/2015

PRO RLTYSRVCS Eastside

Last Buyer's Agent

Jerod Henning

Keller Williams West Sound License #121362

Keller Williams West Sound

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 871749

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,283

Year Built

  • Built in 1942

Lot Details

  • 6,098 Sq Ft Lot
  • Property is in average condition

Home Design

  • Duplex
  • Block Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 1,896 Sq Ft Home
  • 1-Story Property

Parking

  • 5 Parking Spaces
  • Open Parking

Schools

  • Armin Jahr Elementary School
  • Mtn View Mid Middle School
  • Bremerton High School

Community Details

  • Sheridan Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 39650000860004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,283

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: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1896
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood
  • Foundation Details: Block, Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 5

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: 480

Schools

  • Junior High Dist: Bremerton #100c
  • High School: Bremerton High
  • Middle Or Junior School: Mtn View Mid

Lot Info

  • Parcel Number: 39650000860004
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: KCR
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 1450

Multi Family

  • Gross Scheduled Income: 17400
  • Net Operating Income: 14244
  • Number Of Units Total: 2
  • Insurance Expense: 523
  • Leasable Area: 1896
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2015
  • Tax Annual Amount: 1283

MLS Schools

  • Elementary School: Armin Jahr Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2022
Sold by
Kdp Rentals Llc
Bought by
Peterson Karl Dey and Peterson Dawn Claire
Current Estimated Value
$463,412

Purchase Details

Listed on
Nov 19, 2015
Closed on
Mar 1, 2016
Sold by
Lucky Investment Property Four Llc
Bought by
Kdp Rentals Llc
Seller's Agent
Ben Nelson
PRO RLTYSRVCS Eastside
Buyer's Agent
Jerod Henning
Keller Williams West Sound
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.20%

Purchase Details

Closed on
Dec 29, 2008
Sold by
Bjornstal Kent Raymond D and Bjornstal Kent Nina
Bought by
Lucky Investment Property Four Llc

Purchase Details

Closed on
May 14, 2007
Sold by
Ralls Thomas A and Ralls Susan G
Bought by
Bjornstal Kent Raymond D and Bjornstal Kent Nina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,950
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2004
Sold by
Morrey Christopher R and Morrey Aura L
Bought by
Ralls Thomas A and Ralls Susan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
4.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2002
Sold by
Stokes Gary W and Stokes Bernardita
Bought by
Morrey Christopher R and Morrey Aura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage
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
Peterson Karl Dey -- --
Kdp Rentals Llc $180,000 Pacific Nw Title
Lucky Investment Property Four Llc -- None Available
Bjornstal Kent Raymond D $225,230 Pacific Nw Title
Ralls Thomas A $155,000 Stewart Title Of Kitsap
Morrey Christopher R $117,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bjornstal Kent Raymond D $179,950
Previous Owner Kent Raymond D $22,500
Previous Owner Ralls Thomas A $139,500
Previous Owner Morrey Christopher R $93,600
Closed Morrey Christopher R $23,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2016 03/04/16 Sold $180,000 -4.8% $95 / Sq Ft
02/12/2016 02/12/16 Pending -- -- --
11/19/2015 11/19/15 For Sale $189,000 -- $100 / 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 $3,188 $369,550 $94,160 $275,390
2024 $3,075 $369,550 $94,160 $275,390
2023 $3,179 $369,550 $94,160 $275,390
2022 $2,943 $307,960 $78,470 $229,490
2021 $2,441 $233,850 $52,440 $181,410
2020 $2,287 $219,300 $48,890 $170,410
2019 $1,986 $197,850 $43,930 $153,920
2018 $2,083 $133,730 $35,430 $98,300
2017 $1,705 $133,730 $35,430 $98,300
2016 $1,580 $117,390 $31,080 $86,310
2015 $1,283 $94,900 $31,480 $63,420
2014 -- $92,020 $31,480 $60,540
2013 -- $105,760 $33,690 $72,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 871749

Northwest Multiple Listing Service (NWMLS)

APN: 3965-000-086-00-04