Listed by Windermere Prof Partners, Bought with Redfin
NOT LISTED FOR SALE

524 Flower Meadows St Port Orchard, WA 98366

Estimated Value: $512,497 - $615,000

4 Beds
4 Baths
2,304 Sq Ft
$246/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $495,000 $215 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,286/month

14 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Wall to Wall Carpet
  • Deck
  • Property is Fully Fenced

About This Home

As of January 2022

This CUTE duplex has been updated in one of the two units w/new flooring, updated bathroom & kitchen & interior paint. 2nd unit needs a little work to shine like new again. Each unit has range/oven, washer/dryer, dishwasher and refrigerator. Unit #1(526) has 2 beds & 1 bath 988 sq.ft. and a nice private upper deck. Unit two(524)has 3 bedrooms and 2 baths, and is 1316 sq.ft., and also has a backyard deck for entertaining and BBQ's. Tenants pay power and gas. Each unit has 2 parking spots off-street parking. Located on a large lot Close to shopping and the Hwy 3. Super rental history! This is a great opportunity to use both units as a rental, or live in one unit & rent the other. Don't let this great investment opportunity pass you by!

Last Agent to Sell the Property

Joyce Shipley

Windermere Prof Partners License #88189 Listed on: 11/30/2021

Windermere Prof Partners

Last Buyer's Agent

Rowan Mundhenk

Redfin License #20121038

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1867953

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,067

Year Built

  • Built in 1996

Lot Details

  • 0.25 Acre Lot
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Composition Roof
  • Cement Board or Planked
  • Vinyl Construction Material

Interior Spaces

  • 2,304 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • RV Access or Parking

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Sidney Glen Elementary School
  • Cedar Heights Jh Middle School
  • So. Kitsap High School

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Flower Meadows North Condos
  • Port Orchard Subdivision

Listing and Financial Details

  • Tax Lot 002
  • Assessor Parcel Number 54680000020002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,067

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1996
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Flower Meadows North
  • New Construction: No
  • CalculatedSquareFootage: 2304
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Cement Planked, Metal/Vinyl
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • Parking Features: RV Parking
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Port Orchard
  • WaterCompany: City of Port Orchard
  • WaterSewerGarbage: 3522

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: South Kitsap
  • High School: So. Kitsap High
  • Middle Or Junior School: Cedar Heights Jh

Lot Info

  • Parcel Number: 54680000020002
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gas Available,Outbuildings,RV Parking
  • MLSLotSizeSource: County
  • ZoningJurisdiction: City
  • LotNumber: 002

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17.9
  • LeasedItems: None
  • TotalMonthlyIncome: 2300

Multi Family

  • Gross Scheduled Income: 27600
  • Net Operating Income: 24533
  • Number Of Units Total: 2
  • Insurance Expense: 1200
  • Leasable Area: 2304
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3067

MLS Schools

  • Elementary School: Sidney Glen Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2021
Closed on
Jan 26, 2022
Sold by
Robert And Sylvia Gadient Trust
Bought by
Simmons Holly Ann and Exum Ian Chase
Seller's Agent
Joyce Shipley
Windermere Prof Partners
Buyer's Agent
Rowan Mundhenk
Redfin
List Price
$495,000
Sold Price
$495,000
Current Estimated Value
$566,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,624
Avg. Annual Appreciation
3.75%
Original Mortgage
$396,000
Outstanding Balance
$366,220
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$200,404

Purchase Details

Closed on
Dec 28, 2004
Sold by
Childress Charles L and Childress Marguerite E
Bought by
Gadient Robert and Gadient Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
5.76%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Simmons Holly Ann $495,000 New Title Company Name
Gadient Robert $258,000 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simmons Holly Ann $396,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $495,000 0.0% $215 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
12/10/2021 12/10/21 For Sale $495,000 0.0% $215 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $495,000 -- $215 / 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 $3,386 $445,820 $80,000 $365,820
2025 $3,386 $388,020 $65,460 $322,560
2024 $3,269 $388,020 $65,460 $322,560
2023 $3,266 $388,020 $65,460 $322,560
2022 $3,209 $320,910 $61,130 $259,780
2021 $3,037 $287,910 $56,810 $231,100
2020 $2,990 $274,850 $54,100 $220,750
2019 $2,193 $220,670 $53,120 $167,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1867953

Northwest Multiple Listing Service (NWMLS)

APN: 5468-000-002-00-02