NOT LISTED FOR SALE

531 & 541 Parkside Dr Port Townsend, WA 98368

Estimated Value: $429,000 - $506,527

2 Beds
2 Baths
1,536 Sq Ft
$304/Sq Ft Est. Value

Last Sold November 15, 2023

Last sale price $410,000 $267 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,850/month

59 Days on Market

Highlights

  • Territorial View
  • Baseboard Heating
  • Wood Siding
  • No HOA
  • Partially Fenced Property
  • Vinyl Flooring

About This Home

As of November 2023

DUPLEX available in desirable Port Townsend. Start with a clean slate! The units have had most everything removed and are ready for you to bring your fresh new design ideas. Each side has 2 bedrooms, 1 bathroom, 1 car garage, new windows and new garage doors. The roof was replaced in 2022. This property is conveniently located across the street from the park. It is also near grocery stores, the hospital and many other amenities. This is a great investment opportunity to own an income producing property within the PT city limits.

Last Agent to Sell the Property

Nikki Casal

RE/MAX FIRST Inc Port Townsend License #86965 Listed on: 08/30/2023

RE/MAX FIRST Inc Port Townsend

Last Buyer's Agent

Nikki Casal

RE/MAX FIRST Inc Port Townsend License #86965 Listed on: 08/30/2023

RE/MAX FIRST Inc Port Townsend

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2156663

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,310

Year Built

  • Built in 1975

Lot Details

  • 6,098 Sq Ft Lot
  • Partially Fenced Property

Parking

  • 2 Covered Spaces

Home Design

  • Duplex
  • Fixer Upper
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Territorial Views

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Bishop Park Addition Condos
  • Port Townsend Subdivision

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 932400037

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,310

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1975
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: BISHOP PARK ADDITION
  • New Construction: No
  • CalculatedSquareFootage: 1536
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 413

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: See Remarks, Vinyl
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PUD No 1
  • SewerCompany: City of Port Townsend
  • WaterCompany: City of Port Townsend
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Port Townsend #50
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 932400037
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Residential
  • LotNumber: 37

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3309.79

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 1536
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2023
Closed on
Nov 13, 2023
Sold by
Dennis Aimee E and Dennis Grant A
Bought by
Metis Group Llc
Seller's Agent
Nikki Casal
RE/MAX FIRST Inc Port Townsend
Buyer's Agent
Nikki Casal
RE/MAX FIRST Inc Port Townsend
List Price
$499,000
Sold Price
$410,000
Premium/Discount to List
-$89,000
-17.84%
Views
1
Current Estimated Value
$466,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,382
Avg. Annual Appreciation
18.34%

Purchase Details

Closed on
Sep 21, 2020
Sold by
Dennis Aimee E
Bought by
Dennis Aimee E and Dennis Grant A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2019
Sold by
Clark Jenifer A
Bought by
Dennis Aimee E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2019
Sold by
Dennis Grant A
Bought by
Dennis Aimee E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2015
Sold by
Clark Adam J
Bought by
Clark Jenifer A

Purchase Details

Closed on
Oct 19, 2006
Sold by
Bloemker Karen S and Lioen Karen S
Bought by
Clark Adam J and Clark Fer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,922
Interest Rate
6.36%
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
Metis Group Llc $410,000 First American Title
Dennis Aimee E -- Jefferson Title Company Inc
Dennis Aimee E $300,000 First American Title
Dennis Aimee E -- First American Title
Clark Jenifer A $280 None Available
Clark Adam J $292,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dennis Aimee E $227,000
Previous Owner Dennis Aimee E $225,000
Previous Owner Clark Adam J $238,922
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Sold $410,000 -8.7% $267 / Sq Ft
10/28/2023 10/28/23 Pending -- -- --
09/22/2023 09/22/23 Price Changed $449,000 -10.0% $292 / Sq Ft
08/30/2023 08/30/23 For Sale $499,000 -- $325 / 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
2023 $3,713 $413,316 $115,000 $298,316
2022 $3,251 $388,316 $90,000 $298,316
2021 $3,120 $334,868 $85,440 $249,428
2020 $2,943 $309,932 $78,320 $231,612
2019 $2,296 $284,996 $71,200 $213,796
2018 $2,365 $241,507 $71,200 $170,307
2017 $2,029 $217,467 $59,325 $158,142
2016 $1,891 $199,220 $59,325 $139,895
2015 $1,844 $193,138 $59,325 $133,813
2014 -- $187,055 $59,325 $127,730
2013 -- $178,150 $56,500 $121,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2156663

Northwest Multiple Listing Service (NWMLS)

APN: 932400037