Listed by eXp Realty, Bought with COMPASS
NOT LISTED FOR SALE

4284 Hill St Port Townsend, WA 98368

Estimated Value: $925,900 - $1,245,000

4 Beds
2 Baths
1,858 Sq Ft
$599/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $624,500 $336 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $6,481/month

14 Days on Market

Highlights

  • Views of a Sound
  • Property is in very good condition
  • Wall to Wall Carpet
  • Deck

About This Home

As of June 2019

Spacious 4-plex available in Port Townsend. Located outside of the Jefferson County Fairgrounds with gorgeous territorial and mountain views. Great investment property with 0% vacancy. Each 929sf unit is a 2 bdrm/1 bath, with a kitchen, LR and each equipped with W/D. All units have an outside area with a deck/patio & extra storage space. This immaculate building has been very well maintained with new exterior trim paint, light fixtures and landscaping.

Last Agent to Sell the Property

Angela Wilkinson

eXp Realty License #114434 Listed on: 05/14/2019

eXp Realty

Last Buyer's Agent

Paul Rice

COMPASS License #24002485

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1455084

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,277

Year Built

  • Built in 1999

Lot Details

  • 7,405 Sq Ft Lot
  • Property is in very good condition

Parking

  • 4 Parking Spaces

Property Views

  • Views of a Sound
  • Mountain
  • Territorial
  • Limited

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 1,858 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Deck

Schools

  • Blue Heron Mid Middle School
  • Port Townsend High School

Community Details

  • Port Townsend Subdivision

Listing and Financial Details

  • Assessor Parcel Number 968500102

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,277

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1999
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1858
  • EffectiveYearBuiltSource: Public Records
  • 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

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Partial, Sound, Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PUD #1
  • SewerCompany: City of PT
  • WaterCompany: City of PT
  • WaterSewerGarbage: 1908

Schools

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

Lot Info

  • Parcel Number: 968500102
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: County
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 3600

Multi Family

  • Gross Scheduled Income: 43200
  • Net Operating Income: 35649
  • Number Of Units Total: 4
  • Insurance Expense: 1100
  • Leasable Area: 3716
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 4277

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2020
Sold by
Peregrino Ricardo
Bought by
Peregrino Ricardo and Ricardo Peregrino Revocable Li
Current Estimated Value
$1,112,225

Purchase Details

Listed on
May 14, 2019
Closed on
Jun 26, 2019
Sold by
Leaf Linaya S and Glesson Linda L
Bought by
Peregrino Ricardo
Seller's Agent
Angela Wilkinson
eXp Realty
Buyer's Agent
Paul Rice
COMPASS
List Price
$625,000
Sold Price
$624,500
Premium/Discount to List
-$500
-0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%
Original Mortgage
$499,600
Interest Rate
4%
Mortgage Type
New Conventional
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
Peregrino Ricardo -- None Available
Peregrino Ricardo $624,500 Jefferson Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peregrino Ricardo $499,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2019 06/28/19 Sold $624,500 -0.1% $336 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
05/14/2019 05/14/19 For Sale $625,000 -- $336 / 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 $7,016 $833,848 $147,000 $686,848
2023 $7,016 $781,985 $125,000 $656,985
2022 $6,385 $776,985 $120,000 $656,985
2021 $6,367 $658,569 $109,250 $549,319
2020 $6,014 $633,474 $104,500 $528,974
2019 $4,282 $583,284 $95,000 $488,284
2018 $4,847 $450,725 $95,000 $355,725
2017 $4,239 $446,125 $89,125 $357,000
2016 $4,190 $416,750 $85,250 $331,500
2015 $4,077 $428,500 $85,250 $343,250
2014 -- $413,576 $85,250 $328,326
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1455084

Northwest Multiple Listing Service (NWMLS)

APN: 968500102