Listed by John L. Scott, Inc., Bought with Better Properties Kitsap
NOT LISTED FOR SALE

526 Dr Martin Luther King Way Bremerton, WA 98337

Estimated Value: $272,000 - $386,000

2 Beds
1 Bath
1,552 Sq Ft
$212/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $170,000 $110 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,987/month

1 Day on Market

Highlights

  • Wood Flooring
  • Partially Fenced Property
  • Wood Siding
  • High Speed Internet
  • Level Lot

About This Home

As of July 2017

This is a perfect house for the first time home buyer or investor. Located close to the Seattle ferry and PSNS along with a downtown that is revitalizing with restaurants, movie theaters and local Pubs. Don't miss out on owning your own home in this rising market and historic interest rates. Sellers just had furnace serviced and roof cleaned. Down stairs in the basement is the perfect room to just kick back and do your thing with a nice sized room and huge laundry room area and workbench.

Last Agent to Sell the Property

Shawn Hartley

John L. Scott, Inc. License #48311 Listed on: 05/28/2017

John L. Scott, Inc.

Last Buyer's Agent

Scott Fenton

Better Properties Kitsap License #113553

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1132714

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,346

Year Built

  • Built in 1918

Lot Details

  • Partially Fenced Property
  • Level Lot

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material

Flooring

  • Wood
  • Laminate
  • Vinyl

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • Oven or Range
  • 1 Bathroom
  • Partially Finished Basement

Community Details

  • Bremerton Community

Listing and Financial Details

  • Assessor Parcel Number 13240131552009

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,346

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Hardwood, Laminate, Vinyl
  • Appliances That Stay: Range/Oven, Refrigerator
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 0.75
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Basement: Partially Finished
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 832
  • Square Footage Finished: 1552

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Metal/Vinyl, Wood
  • Foundation: Poured Concrete
  • Roof: Composition

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Bremerton
  • Water Company: City of Bremerton
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Bremerton

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: BRM

Lot Info

  • Lot Number: 3
  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 2178
  • Lot Topography Vegetation: Level
  • Parcel Number: 13240131552009
  • Zoning Jurisdiction: City
  • Lot Topography: Level

Tax Info

  • Tax Amount: 1462

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2017
Closed on
Jul 3, 2017
Sold by
Cheroke George R and Cheroke Barbara A
Bought by
Sundberg Monica R and Edgemon Ryan L
Seller's Agent
Shawn Hartley
John L. Scott, Inc.
Buyer's Agent
Scott Fenton
Better Properties Kitsap
List Price
$153,500
Sold Price
$170,000
Premium/Discount to List
$16,500
10.75%
Current Estimated Value
$329,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,378
Avg. Annual Appreciation
8.30%
Original Mortgage
$127,500
Outstanding Balance
$107,260
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$218,213

Purchase Details

Closed on
Oct 26, 2004
Sold by
Vaal Brian A and Vaal Candace G
Bought by
Cheroke George R and Cheroke Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,600
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 1998
Sold by
Sweborg Douglas D and Sweborg Sarah T
Bought by
Vaal Brian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,041
Interest Rate
6.42%
Mortgage Type
FHA
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
Sundberg Monica R $170,000 Pacific Northwest Title
Cheroke George R $139,500 Land Title Company
Vaal Brian A $69,900 Pacific Nw Title
Vaal Brian A -- Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sundberg Monica R $127,500
Previous Owner Cheroke George R $111,600
Previous Owner Vaal Brian A $70,041
Closed Vaal Brian A $4,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2017 07/14/17 Sold $170,000 +10.7% $110 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
05/28/2017 05/28/17 For Sale $153,500 -- $99 / 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 $2,346 $265,900 $72,530 $193,370
2024 $2,264 $265,900 $72,530 $193,370
2023 $2,340 $265,900 $72,530 $193,370
2022 $2,171 $221,730 $60,440 $161,290
2021 $2,082 $194,610 $45,520 $149,090
2020 $1,931 $180,400 $42,120 $138,280
2019 $1,666 $161,200 $37,600 $123,600
2018 $1,761 $111,590 $28,270 $83,320
2017 $1,462 $111,590 $28,270 $83,320
2016 $1,363 $98,480 $24,800 $73,680
2015 $1,112 $79,900 $26,970 $52,930
2014 -- $76,780 $26,970 $49,810
2013 -- $81,920 $28,470 $53,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1132714

Northwest Multiple Listing Service (NWMLS)

APN: 132401-3-155-2009