Listed by Keller Williams Greater 360, Bought with eXp Realty
NOT LISTED FOR SALE

Estimated Value: $501,000 - $1,128,000

9 Beds
6 Baths
4,916 Sq Ft
$189/Sq Ft Est. Value

Last Sold December 21, 2021

Last sale price $950,000 $193 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $5,409/month

Highlights

  • RV Access or Parking
  • Deck
  • No HOA
  • 5.07 Acre Lot
  • Territorial View
  • 2-minute walk to Howe Farm County Park

About This Home

As of December 2021

5 units on one 5 acre parcel! This is the dream property that includes 4 1 bed, 1 bath duplexes, 1 2,784 Sqft home and a 4 stall carport. The home has been updated throughout and all 4 units are in impeccable condition! Beautiful property with open fields, a large pond that you can fish in, all in a private setting. All units are rented out and have great tenants! You will love the income potential and the low maintenance benefits.

Last Agent to Sell the Property

Carly McGraw

Keller Williams Greater 360 License #86616 Listed on: 12/21/2021

Keller Williams Greater 360

Last Buyer's Agent

Marv Nicholson

eXp Realty License #26822

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1874135

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,758

Year Built

  • Built in 1942

Lot Details

  • 5.07 Acre Lot
  • Gated Home
  • Property is Fully Fenced

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,916 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 6 Parking Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck

Schools

  • Marcus Whitman Jnr H Middle School
  • So. Kitsap High School

Utilities

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

Community Details

  • No Home Owners Association
  • Port Orchard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 32240220122000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,758

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1942
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4916
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 9
  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Security: SecurityGate, PartiallyFenced
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electric, Individual Well
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 32240220122000
  • Lot Size Acres: 5.07
  • Lot Size Sq Ft: 220849
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gated Entry,High Speed Internet,RV Parking
  • MLSLotSizeSource: Public Records
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 85710

Multi Family

  • Gross Scheduled Income: 85710
  • Net Operating Income: 65646
  • Number Of Units Total: 5
  • Insurance Expense: 2685
  • Leasable Area: 4916
  • EnergySource: Electric
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6758

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2021
Closed on
Dec 15, 2021
Sold by
Moore Darrell A and Moore Kristin G
Bought by
Mibelle Llc
Seller's Agent
Carly McGraw
Keller Williams Greater 360
Buyer's Agent
Marv Nicholson
eXp Realty
List Price
$950,000
Sold Price
$950,000
Current Estimated Value
$860,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$89,839
Avg. Annual Appreciation
-3.02%
Original Mortgage
$450,000
Outstanding Balance
$418,007
Interest Rate
3.09%
Mortgage Type
Commercial
Estimated Equity
$431,515

Purchase Details

Closed on
Mar 23, 2017
Sold by
S & T Time Llc
Bought by
Moore Darrell A and Moore Kristin G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,275
Interest Rate
4.16%
Mortgage Type
VA

Purchase Details

Closed on
May 18, 2016
Sold by
Kerkes Wayne S
Bought by
S & T Time 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
$45,900
Interest Rate
3.58%
Mortgage Type
Construction
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
Mibelle Llc $950,000 Rainier Title Everett
Moore Darrell A $715,490 First American Title
S & T Time 2 Llc $325,000 Olympic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mibelle Llc $450,000
Previous Owner Moore Darrell A $529,300
Previous Owner Moore Darrell A $567,275
Previous Owner S & T Time 2 Llc $45,900
Previous Owner S & T Time 2 Llc $338,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2021 12/21/21 Sold $950,000 0.0% $193 / Sq Ft
12/21/2021 12/21/21 For Sale $950,000 -- $193 / 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 $8,397 $930,470 $190,060 $740,410
2024 $8,143 $930,470 $190,060 $740,410
2023 $8,078 $930,470 $190,060 $740,410
2022 $7,773 $749,470 $152,050 $597,420
2021 $7,480 $684,830 $135,760 $549,070
2020 $6,759 $598,320 $111,770 $486,550
2019 $5,741 $555,750 $103,720 $452,030
2018 $5,996 $350,240 $350,240 $0
2017 $4,075 $350,240 $350,240 $0
2016 -- $350,240 $350,240 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1874135

Northwest Multiple Listing Service (NWMLS)

APN: 322402-2-012-2000