NOT LISTED FOR SALE

513 S Constitution Ave Bremerton, WA 98312

Estimated Value: $444,375 - $539,000

4 Beds
2 Baths
1,734 Sq Ft
$292/Sq Ft Est. Value

Last Sold September 04, 2015

Last sale price $215,000 $124 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $3,042/month

44 Days on Market

Highlights

  • Territorial View
  • Property is Fully Fenced
  • Wall to Wall Carpet
  • Patio
  • Wood Siding
  • 1-Story Property

About This Home

As of September 2015

Great opportunity to own a duplex with a fantastic rental history close to PSNS. One side has a fully renovated kitchen and living space, the other has the bigger yard. One unit has a signed lease through October, the other through next March. It's a great time to get into the hot rental market with a cap rate above 7% and tenants paying all utilities. Make an appointment to see this one today.

Last Buyer's Agent

John West

Windermere RE West Sound Inc. License #99943

Windermere RE West Sound Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 789577

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,762

Year Built

  • Built in 1971

Lot Details

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

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,734 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Port Orchard Condos
  • Navy Yard City Subdivision

Listing and Financial Details

  • Legal Lot and Block 8 and 9 / 5
  • Assessor Parcel Number 37900050070000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,762

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1971
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Port Orchard
  • New Construction: No
  • CalculatedSquareFootage: 1734
  • Special Features: None
  • Cumulative Days on Market: 400

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced, FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Bremerton
  • WaterCompany: City of Bremerton
  • WaterSewerGarbage: 0

Schools

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

Lot Info

  • Parcel Number: 37900050070000
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Fenced-Partially,Patio
  • MLSLotSizeSource: Public Record
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 8 and 9

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 19800
  • Net Operating Income: 17038
  • Number Of Units Total: 2
  • Insurance Expense: 1000
  • Leasable Area: 1752
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2015
  • Tax Annual Amount: 1762

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2021
Sold by
Schneider Paul
Bought by
Wheeler Patrick
Current Estimated Value
$505,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,302
Outstanding Balance
$383,316
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$83,517

Purchase Details

Closed on
Apr 10, 2019
Sold by
Cruz Gabriel
Bought by
Schneider Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.3%
Mortgage Type
VA

Purchase Details

Closed on
Mar 14, 2019
Sold by
Lamacchia Stephanie A
Bought by
Cruz Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.3%
Mortgage Type
VA

Purchase Details

Listed on
May 18, 2015
Closed on
Aug 29, 2015
Sold by
Lorenzo Riverarobles Felipe and Lorenzo Rosa Daysdali
Bought by
Cruz Gabriel and Lamacchia Stephanie A
Buyer's Agent
John West
Windermere RE West Sound Inc.
List Price
$220,000
Sold Price
$215,000
Premium/Discount to List
-$5,000
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%
Original Mortgage
$219,622
Interest Rate
3.97%
Mortgage Type
VA

Purchase Details

Closed on
Jun 26, 2012
Sold by
Gallant James C and Gallant Deborah
Bought by
Riverarobles Felipe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,049
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2011
Sold by
Gallant James and Gallant Deborah
Bought by
Gallant James C and Gallant Deborah

Purchase Details

Closed on
Apr 1, 2005
Sold by
Carpenter Gregory A and Carpenter Valoree E
Bought by
Gallant James and Gallant Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
6.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 1, 2003
Sold by
Higgs Hurley A
Bought by
Moore Deborah A

Purchase Details

Closed on
Jan 12, 1998
Sold by
Barrick Claudia E
Bought by
Carpenter Gregory A and Carpenter Valoree E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
7.14%

Purchase Details

Closed on
Mar 12, 1996
Sold by
Stenhjem John M and Stenhjem Alice A
Bought by
Barrick Donald E and Barrick Claudia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,300
Interest Rate
7.01%
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
Wheeler Patrick $425,000 Aegis Land Title Group
Schneider Paul $285,000 Pacific Northwest Ttl Silver
Cruz Gabriel -- Pacific Northwest Ttl Silver
Cruz Gabriel $215,000 Pacific Nw Title
Riverarobles Felipe $153,280 Pacific Nw Title
Gallant James C -- None Available
Gallant James $199,000 First American Title Ins
Moore Deborah A $35,000 --
Carpenter Gregory A $85,000 Charter Title Corp
Barrick Donald E $99,000 Charter Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheeler Patrick $417,302
Previous Owner Schneider Paul $285,000
Previous Owner Cruz Gabriel $219,622
Previous Owner Riverarobles Felipe $158,049
Previous Owner Gallant James $159,200
Previous Owner Gallant James $159,200
Previous Owner Carpenter Gregory A $73,500
Previous Owner Barrick Donald E $69,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2015 09/04/15 Sold $215,000 -2.3% $124 / Sq Ft
07/02/2015 07/02/15 Pending -- -- --
05/18/2015 05/18/15 For Sale $220,000 -- $127 / 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 $3,447 $390,780 $90,960 $299,820
2024 $3,327 $390,780 $90,960 $299,820
2023 $3,438 $390,780 $90,960 $299,820
2022 $3,206 $327,520 $75,800 $251,720
2021 $2,869 $268,320 $57,130 $211,190
2020 $2,666 $249,100 $52,870 $196,230
2019 $2,298 $222,480 $47,200 $175,280
2018 $2,545 $157,930 $35,490 $122,440
2017 $2,068 $157,930 $35,490 $122,440
2016 $1,929 $139,390 $31,130 $108,260
2015 $1,765 $126,910 $33,850 $93,060
2014 $1,744 $121,590 $33,850 $87,740
2013 $1,913 $139,430 $35,730 $103,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 789577

Northwest Multiple Listing Service (NWMLS)

APN: 3790-005-007-00-00