Listed by Windermere Prof Partners, Bought with REally Properties Inc
NOT LISTED FOR SALE

4990 Lovely Ln SE Port Orchard, WA 98367

Estimated Value: $508,000 - $571,000

4 Beds
3 Baths
2,090 Sq Ft
$262/Sq Ft Est. Value

Last Sold August 15, 2016

Last sale price $239,500 $115 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $3,280/month

17 Days on Market

Highlights

  • RV Access or Parking
  • Open Space
  • Wood Siding
  • Secluded Lot
  • High Speed Internet
  • Wall to Wall Carpet

About This Home

As of August 2016

Don't wait this fantastic investment will be gone in a hurry. Centrally located to freeways, ferries, shopping & some of the best parks in the county makes a renters dream, that is why the vacancy rate is only 3%. The unit sits in a fantastic park like setting w/ low maintenance yards. Each unit has a attached a garage, The units are townhouse style with two bedrooms up & spacious living area on the main floor, If you are worried about the stock market this might be the right investment for you.

Last Agent to Sell the Property

Dana Soyat

Windermere Prof Partners License #43533 Listed on: 05/19/2016

Windermere Prof Partners

Last Buyer's Agent

Dennis Balduf

REally Properties Inc License #17125

REally Properties Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 946616

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,596

Year Built

  • Built in 1980

Lot Details

  • 2,038 Sq Ft Lot
  • Open Space
  • Secluded Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,090 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Schools

  • South Colby Elementary School
  • John Sedgwick Jnr Hi Middle School
  • So. Kitsap High School

Utilities

  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Long Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08230220262005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,596

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1980
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2090
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Open Space, Paved, Secluded
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electric
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterSewerGarbage: 3000

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: South Kitsap
  • High School: So. Kitsap High
  • Middle Or Junior School: John Sedgwick Jnr Hi

Lot Info

  • Parcel Number: 08230220262005
  • Lot Size Acres: 0.0468
  • Lot Size Sq Ft: 2038
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet,RV Parking
  • MLSLotSizeSource: Public Records
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 2400

Multi Family

  • Gross Scheduled Income: 26400
  • Net Operating Income: 18041
  • Number Of Units Total: 2
  • Insurance Expense: 650
  • Leasable Area: 2096
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2016
  • Tax Annual Amount: 2596

MLS Schools

  • Elementary School: South Colby Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2022
Sold by
Rowles Jonathan A
Bought by
Carter Karen I
Current Estimated Value
$548,594

Purchase Details

Listed on
May 19, 2016
Closed on
Aug 9, 2016
Sold by
Oza Vinay
Bought by
Rowles Jonathan A
Seller's Agent
Dana Soyat
Windermere Prof Partners
Buyer's Agent
Dennis Balduf
REally Properties Inc
List Price
$249,500
Sold Price
$239,500
Premium/Discount to List
-$10,000
-4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.49%
Original Mortgage
$244,649
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2013
Closed on
Oct 1, 2013
Sold by
Jpmorgan Chase Bank National Association
Bought by
Oza Vinay
Seller's Agent
James Freeman
Coldwell Banker Park Shore RE
Buyer's Agent
Donn Hughes
Old Towne Realty
List Price
$170,280
Sold Price
$162,500
Premium/Discount to List
-$7,780
-4.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.92%
Original Mortgage
$121,875
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2013
Sold by
Carter Karen I
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
May 14, 2007
Sold by
Blue Heron Holdings Two Llc
Bought by
Carter Karen I

Purchase Details

Closed on
Jul 12, 2006
Sold by
Carter Karen
Bought by
Blue Heron Holdings Two Llc

Purchase Details

Closed on
Mar 27, 2006
Sold by
Lovely Bart K and Lovely Steve C
Bought by
Carter Karen I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,200
Interest Rate
3%
Mortgage Type
Fannie Mae Freddie Mac
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
Carter Karen I -- Fidelity National Title
Rowles Jonathan A $278,634 Attorney
Oza Vinay $162,500 None Available
Jpmorgan Chase Bank National Association $149,292 None Available
Carter Karen I -- None Available
Blue Heron Holdings Two Llc -- None Available
Carter Karen I $268,030 Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rowles Jonathan A $244,649
Previous Owner Oza Vinay $121,875
Previous Owner Carter Karen I $214,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2016 08/15/16 Sold $239,500 -4.0% $115 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
05/21/2016 05/21/16 For Sale $249,500 +53.5% $119 / Sq Ft
10/31/2013 10/31/13 Sold $162,500 -4.6% $78 / Sq Ft View Prior Sale
09/12/2013 09/12/13 Pending -- -- --
08/13/2013 08/13/13 For Sale $170,280 -- $81 / 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
2026 $4,456 $504,310 $92,090 $412,220
2025 $4,456 $504,310 $92,090 $412,220
2024 $4,320 $504,310 $92,090 $412,220
2023 $4,287 $504,310 $92,090 $412,220
2022 $4,099 $403,450 $73,670 $329,780
2021 $4,115 $385,250 $65,780 $319,470
2020 $3,083 $275,810 $60,650 $215,160
2019 $2,613 $255,970 $56,280 $199,690
2018 $2,755 $240,810 $50,950 $189,860
2017 $2,671 $240,810 $50,950 $189,860
2016 $2,597 $214,270 $48,520 $165,750
2015 $2,505 $209,750 $48,520 $161,230
2014 -- $200,640 $53,000 $147,640
2013 -- $200,640 $53,000 $147,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 946616

Northwest Multiple Listing Service (NWMLS)

APN: 082302-2-026-2005