Listed by John L. Scott, Inc.
NOT LISTED FOR SALE

4412 NW Wedgewood Ln Unit 13-16 Bremerton, WA 98312

Kitsap Lake Neighborhood

Estimated Value: $804,000 - $858,000

8 Beds
4 Baths
3,546 Sq Ft
$234/Sq Ft Est. Value

Last Sold May 19, 2014

Last sale price $110,500 $31 Per Sq Ft

Est. 652% increase in value since last sale

Current estimated payment $4,916/month

7 Days on Market

Highlights

  • Deck
  • Patio
  • Wood Siding

About This Home

As of May 2014

Investor Special! 4-PLEX Each units have 2 bed, 1 bath. Building has been deemed by Kitsap County as unsafe to occupy and will require extensive re-hab. Please use caution when visiting the property. No interior access available. NO offer submitted without proof of funds or Prequal letter. Seller requests buyer be pre-qualified W/Chase Loan officer before offer submission, see your agent for details. Units 9-12 also available at MLS# 612923. SELLER HAS VERBALLY ACCEPTED AN OFFER.

Last Agent to Sell the Property

Ron Bishop

John L. Scott, Inc. License #8952 Listed on: 04/01/2014

John L. Scott, Inc.

Co-Listed By

Deborah Bonneville

Windermere Prof Partners License #26164

Windermere Prof Partners

Last Buyer's Agent

Deborah Bonneville

Windermere Prof Partners License #26164

Windermere Prof Partners

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 613160

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • Quadruplex
  • Fixer Upper
  • Poured Concrete
  • Tile Roof
  • Wood Siding

Interior Spaces

  • 3,546 Sq Ft Home
  • 2-Story Property

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Community Details

  • Wedgewood Condos
  • Chico Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 55220000040004

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1986
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Wedgewood
  • New Construction: No
  • CalculatedSquareFootage: 3546
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Tile
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fixer
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Bremerton #100c
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 55220000040004
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3485
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Patio
  • ZoningClass: Multi-Family
  • LotNumber: 4

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Tax Info

  • Year: 2013
  • Tax Annual Amount: 3965

Multi Family

  • Number Of Units Total: 4
  • Leasable Area: 3546
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2025
Sold by
Drexel Residential 2 Llc
Bought by
Drexel Investments Llc
Current Estimated Value
$831,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$591,500
Outstanding Balance
$589,528
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$241,472

Purchase Details

Closed on
Feb 26, 2015
Sold by
Drexel Investments Llc
Bought by
Drexel Residential 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 1, 2014
Closed on
May 9, 2014
Sold by
Wells Fargo Bank National Association
Bought by
Drexel Investments Llc
Seller's Agent
Ron Bishop
John L. Scott, Inc.
Buyer's Agent
Deborah Bonneville
Windermere Prof Partners
List Price
$89,100
Sold Price
$110,500
Premium/Discount to List
$21,400
24.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.49%
Original Mortgage
$107,610
Interest Rate
4.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 8, 2013
Sold by
Gibson Desmond C and Gibson Aleta L
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Oct 30, 2005
Sold by
Gibson Desmond C and Gibson Aleta L
Bought by
Paradigm One Holdings Llc

Purchase Details

Closed on
Jun 16, 2005
Sold by
West Coast Rentals Llc
Bought by
Gibson Desmond C and Gibson Aleta L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,700
Interest Rate
5.51%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 3, 2001
Sold by
Bankers Trust Company Of California Na
Bought by
Smith Stanley W and Vasquez Smith Alice T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
7.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 17, 1999
Sold by
Philpott William G and Philpott Linda R
Bought by
Bankers Trust Company Of California Na and Advanta Mtg Loan Trust
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
Drexel Investments Llc $313 Fidelity National Title
Drexel Residential 2 Llc -- Chicago Title Insurance Co
Drexel Investments Llc $110,500 Fidelity Natl Title Ins Co
Wells Fargo Bank National Association $160,776 None Available
Paradigm One Holdings Llc -- None Available
Gibson Desmond C $467,280 Land Title Company
Smith Stanley W $175,000 First American Title Ins Co
Bankers Trust Company Of California Na $190,233 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drexel Investments Llc $591,500
Previous Owner Drexel Residential 2 Llc $1,600,000
Previous Owner Drexel Investments Llc $107,610
Previous Owner Drexel Investments Llc $107,610
Previous Owner Gibson Desmond C $46,700
Previous Owner Gibson Desmond C $373,600
Previous Owner Smith Stanley W $166,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2014 05/19/14 Sold $110,500 +24.0% $31 / Sq Ft
04/09/2014 04/09/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $89,100 -- $25 / 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 $5,851 $577,200 $73,280 $503,920
2024 $5,693 $577,200 $73,280 $503,920
2023 $5,589 $564,240 $73,280 $490,960
2022 $5,736 $513,450 $73,280 $440,170
2021 $5,035 $425,980 $73,280 $352,700
2020 $4,694 $400,590 $73,280 $327,310
2019 $4,629 $383,660 $73,280 $310,380
2018 $4,603 $262,410 $26,890 $235,520
2017 $3,673 $262,410 $26,890 $235,520
2016 $3,910 $261,130 $25,610 $235,520
2015 $3,748 $261,330 $25,810 $235,520
2014 -- $260,900 $23,050 $237,850
2013 -- $266,670 $28,820 $237,850
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Ron Bishop

    John L. Scott, Inc.

    Section Image
  • Deborah Bonneville

    Seller Co-Listing Agent in 2014

    Deborah Bonneville

    Windermere Corporate

    (360) 340-3359

    116 Total Sales

    Deborah Bonneville
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 613160

Northwest Multiple Listing Service (NWMLS)

APN: 5522-000-004-00-04

Washington Kitsap County Bremerton 98312 Kitsap Lake

4412 NW Wedgewood Ln Unit 13-16, Bremerton, WA

This home is located at 4412 NW Wedgewood Ln Unit 13-16, Bremerton, WA 98312 since 01 April 2014 and is currently estimated at $831,000, approximately $234 per square foot. This property was built in 1986. 4412 NW Wedgewood Ln Unit 13-16 is a home located in Kitsap County with nearby schools including Silverdale Elementary School, Klahowya Secondary School, and Crosspoint Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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