Listed by Greater Peninsula Properties, Bought with Ison Realty
NOT LISTED FOR SALE

507 Sweany St Port Orchard, WA 98366

Estimated Value: $572,344 - $614,000

4 Beds
3 Baths
2,222 Sq Ft
$266/Sq Ft Est. Value

Last Sold October 07, 2019

Last sale price $349,806 $157 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,498/month

26 Days on Market

Highlights

  • Deck
  • Limited Views
  • Wall to Wall Carpet
  • Cul-De-Sac
  • Wood Siding

About This Home

As of October 2019

Water/Sewer/Garbage: Paid by tenant. Potential income from garage lease to tenants, currently used for storage. 3BR long term tenant. Conversion to multi family documented and permitted. 10 minute walk to ferries with connections to Bremerton and Seattle makes this an ideal rental. Addresses are 507 (1 bedroom), 509 (studio), 511 (3 bedroom) Sweany Street. Access with an offer. Rents are lower then market. 100% occupancy 3+ years.

Last Agent to Sell the Property

Dan Joehnk

Greater Peninsula Properties License #27512 Listed on: 05/06/2019

Last Buyer's Agent

Shane Ison

Ison Realty License #24995

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1449550

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,394

Year Built

  • Built in 1942

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 200 x 161
  • Cul-De-Sac

Home Design

  • Triplex
  • Block Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,222 Sq Ft Home
  • 2-Story Property
  • Limited Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • East Port Orchard El Elementary School
  • Marcus Whitman Jnr H Middle School
  • So. Kitsap High School

Additional Features

  • Deck
  • Natural Gas Connected

Community Details

  • W.F. Smith's Addition To Sidney Condos
  • Port Orchard Subdivision

Listing and Financial Details

  • Legal Lot and Block 12, 14, 15, 16, 17 / 1
  • Assessor Parcel Number 40570010130007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,394

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1942
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: W.F. Smith's Addition to Sidney
  • New Construction: No
  • CalculatedSquareFootage: 2222
  • 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
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • View: Partial
  • Lot Features: Cul-De-Sac, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Block, Poured Concrete
  • Property Condition: Fair
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Port Orchard
  • WaterCompany: City of Port Orchard
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: South Kitsap
  • High School: So. Kitsap High
  • Middle Or Junior School: Marcus Whitman Jnr H

Lot Info

  • Parcel Number: 40570010130007
  • Lot Size Acres: 0.69
  • Lot Size: 200 X 161
  • Lot Size Sq Ft: 30056
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: County
  • ZoningJurisdiction: City
  • ZoningClass: Residential
  • LotNumber: 12, 14, 15, 16, 17

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 2625

Multi Family

  • Gross Scheduled Income: 31500
  • Net Operating Income: 21815
  • Number Of Units Total: 6
  • Insurance Expense: 700
  • Leasable Area: 2450
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2394

MLS Schools

  • Elementary School: East Port Orchard El

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2019
Closed on
Oct 2, 2019
Sold by
4Gh 1Rh Llc
Bought by
Hardy Samuel Fletcher and Hardy Amber A
Seller's Agent
Dan Joehnk
Greater Peninsula Properties
Buyer's Agent
Shane Ison
Ison Realty
List Price
$335,000
Sold Price
$349,806
Premium/Discount to List
$14,806
4.42%
Current Estimated Value
$590,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,030
Avg. Annual Appreciation
9.14%
Original Mortgage
$357,326
Outstanding Balance
$313,036
Interest Rate
3.5%
Mortgage Type
VA
Estimated Equity
$277,800

Purchase Details

Closed on
May 23, 2003
Sold by
Zollinger Roland and Zollinger Sherrie
Bought by
4Gh-1Rh Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2003
Sold by
Preston Thomas D and Mcdonnell Randy L
Bought by
Zollinger Roland and Zollinger Sherrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2000
Sold by
Ogden Ruth D
Bought by
Preston Thomas D and Mcdonnell Randy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,250
Interest Rate
7.83%
Mortgage Type
Purchase Money Mortgage
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
Hardy Samuel Fletcher $349,806 Land Ttl Co Silverdale Submi
4Gh-1Rh Llc -- Chicago Title Insurance Co
Zollinger Roland $160,000 First American Title Ins
Preston Thomas D $125,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hardy Samuel Fletcher $357,326
Previous Owner Zollinger Roland $144,000
Previous Owner Preston Thomas D $121,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2019 10/07/19 Sold $349,806 -6.7% $157 / Sq Ft
09/24/2019 09/24/19 Price Changed $375,000 +11.9% $169 / Sq Ft
06/01/2019 06/01/19 Pending -- -- --
05/13/2019 05/13/19 For Sale $335,000 -4.2% $151 / Sq Ft
05/12/2019 05/12/19 Off Market $349,806 -- --
05/11/2019 05/11/19 For Sale $335,000 0.0% $151 / Sq Ft
05/10/2019 05/10/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $335,000 -- $151 / 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 $4,381 $543,550 $116,360 $427,190
2025 $4,381 $502,050 $100,270 $401,780
2024 $4,229 $502,050 $100,270 $401,780
2023 $3,897 $463,040 $90,960 $372,080
2022 $3,753 $375,420 $85,230 $290,190
2021 $3,685 $349,430 $71,620 $277,810
2020 $4,793 $440,800 $71,620 $369,180
2019 $2,394 $240,970 $70,660 $170,310
2018 $2,550 $200,850 $70,660 $130,190
2017 $2,201 $200,850 $70,660 $130,190
2016 $2,158 $182,250 $70,660 $111,590
2015 $2,088 $179,310 $70,660 $108,650
2014 -- $176,370 $70,660 $105,710
2013 -- $205,170 $78,260 $126,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1449550

Northwest Multiple Listing Service (NWMLS)

APN: 4057-001-013-00-07