Listed by Windermere R.E. Northeast, Inc, Bought with Keller Williams Realty Bothell
NOT LISTED FOR SALE

4142 Kimberly Way Oak Harbor, WA 98277

8 Beds
-- Bath
2,200 Sq Ft
0.77 Acres

Last Sold July 02, 2024

Last sale price $612,500 $278 Per Sq Ft

309 Days on Market

Highlights

  • Territorial View
  • Patio
  • Baseboard Heating
  • No HOA
  • Open Space
  • Wood Siding

About This Home

As of July 2024

Fully rented, solid investment opportunity. New roof and underlayment just installed, 1 bedroom, 1 bath units, 4-plex. Great location halfway between Deception Pass and Oak Harbor. Very low maintenance building. Lots of parking. Large lot 33,541 sq ft, possibility of future expansion. No HOA, septic system, very low expenses. rents are currently well below market rates, and slowly being increased. Good long-term investment. always rented. Seller will be doing a 1031 exchange.

Last Agent to Sell the Property

Ron Volz

Windermere R.E. Northeast, Inc License #30194 Listed on: 07/13/2023

Windermere R.E. Northeast, Inc

Last Buyer's Agent

Sunshine Burruss

Keller Williams Realty Bothell License #27744

Keller Williams Realty Bothell

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2138412

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,520

Year Built

  • Built in 1975

Lot Details

  • 0.77 Acre Lot
  • Open Space
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 12 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Baseboard Heating
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Oak Harbor Subdivision

Listing and Financial Details

  • Assessor Parcel Number R233071721430

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,520

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1975
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2200
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Open Space
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 12

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Community

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Oak Harbor

Lot Info

  • Parcel Number: R233071721430
  • Lot Size Acres: 0.77
  • Lot Size: 33541
  • Lot Size Sq Ft: 33541
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Patio
  • MLSLotSizeSource: Island County
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 12.8
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3520

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 60
  • EnergySource: Electric
  • UnitsBelowGrade: false

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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2024 07/02/24 Sold $612,500 -4.1% $278 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
05/10/2024 05/10/24 Price Changed $639,000 -1.5% $290 / Sq Ft
01/11/2024 01/11/24 For Sale $649,000 0.0% $295 / Sq Ft
01/02/2024 01/02/24 Pending -- -- --
12/04/2023 12/04/23 Price Changed $649,000 -5.8% $295 / Sq Ft
11/18/2023 11/18/23 For Sale $689,000 0.0% $313 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $689,000 +43.5% $313 / Sq Ft
06/13/2019 06/13/19 Sold $480,000 -3.0% $218 / Sq Ft View Prior Sale
04/22/2019 04/22/19 Pending -- -- --
04/13/2019 04/13/19 For Sale $495,000 -- $225 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2138412

Northwest Multiple Listing Service (NWMLS)