Listed by Ideal Real Estate, Bought with John L Scott Westwood
NOT LISTED FOR SALE

4268 Hill St Port Townsend, WA 98368

Estimated Value: $932,821 - $1,309,000

4 Beds
2 Baths
3,696 Sq Ft
$289/Sq Ft Est. Value

Last Sold June 15, 2012

Last sale price $415,000 $112 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $6,255/month

34 Days on Market

Highlights

  • Territorial View
  • Open Space
  • Wall to Wall Carpet
  • Thermal Windows
  • Property is in very good condition

About This Home

As of June 2012

4 Plex in excellent community of Lynnesfield. Developers last M/F unit. Well cared for selected tenants with great track record. Low maintenance newer structure for easy ownership. Rare find in local marketplace. Lynnesfield Community close to Fairgrounds, Fort Worden, Downtown Port Townsend and North Beach adventutres.

Last Agent to Sell the Property

Kevin Miller

Ideal Real Estate License #5765 Listed on: 03/21/2012

Last Buyer's Agent

Susan Plecko

John L Scott Westwood License #51391

John L Scott Westwood

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 335078

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,668

Year Built

  • Built in 2007

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 49x105x80x122
  • Open Space
  • Property is in very good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 3,696 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Schools

  • Salish Coast Elementary School
  • Blue Heron Mid Middle School
  • Port Townsend High School

Community Details

  • Lynnsfield Condos
  • Port Townsend Subdivision

Listing and Financial Details

  • Tax Lot MF#4
  • Assessor Parcel Number 968500104

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,668

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 2007
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Lynnsfield
  • CalculatedSquareFootage: 3696
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Playground,See Remarks,Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Open Space, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Port Townsend
  • WaterCompany: Port Townsend
  • WaterSewerGarbage: 350

Schools

  • Junior High Dist: Port Townsend #50
  • High School: Port Townsend High
  • Middle Or Junior School: Blue Heron Mid

Lot Info

  • Parcel Number: 968500104
  • Lot Size Acres: 0.16
  • Lot Size: 49x105x80x122
  • Lot Size Sq Ft: 6970
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • ZoningClass: Multi-Family
  • LotNumber: MF#4

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 2775

Multi Family

  • Gross Scheduled Income: 33300
  • Net Operating Income: 27637
  • Number Of Units Total: 4
  • Electric Expense: 250
  • Insurance Expense: 1095
  • Leasable Area: 1832
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2012
  • Tax Annual Amount: 3668

MLS Schools

  • Elementary School: Salish Coast Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2025
Sold by
Wessen Gary C and Gould-Wessen Gloria J
Bought by
Wessen And Gould-Wessen Living Trust
Current Estimated Value
$1,069,205
Source: Public Records

Range of Values:

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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
Wessen And Gould-Wessen Living Trust $313 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2012 06/15/12 Sold $415,000 -4.6% $112 / Sq Ft
04/28/2012 04/28/12 Pending -- -- --
03/24/2012 03/24/12 For Sale $435,000 -- $118 / 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
2024 $7,040 $836,634 $147,000 $689,634
2023 $7,040 $784,650 $125,000 $659,650
2022 $6,407 $779,650 $120,000 $659,650
2021 $6,389 $660,797 $109,250 $551,547
2020 $6,035 $635,619 $104,500 $531,119
2019 $4,374 $585,264 $95,000 $490,264
2018 $4,954 $460,490 $95,000 $365,490
2017 $4,332 $455,925 $89,125 $366,800
2016 $4,242 $425,850 $85,250 $340,600
2015 $4,127 $433,781 $85,250 $348,531
2014 -- $418,627 $85,250 $333,377
2013 -- $380,570 $77,500 $303,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 335078

Northwest Multiple Listing Service (NWMLS)

APN: 968500104