NOT LISTED FOR SALE

6981 Chico Way NW Unit A Bremerton, WA 98312

Chico Neighborhood

Estimated Value: $509,000 - $580,343

4 Beds
2 Baths
1,872 Sq Ft
$291/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $450,000 $240 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,461/month

Highlights

  • Bay View
  • Deck
  • Wood Siding
  • Central Kitsap High School Rated A-
  • Patio
  • Wall to Wall Carpet

About This Home

As of June 2021

GREAT INVESTMENT PROPERTY! Live in one unit and rent the other unit to help pay your mortgage. This clean and move-in-ready Duplex is centrally located to shopping, medical facilities, schools, naval bases, and Seattle ferry. Due to central location, NO problem renting these units. Each unit has 2 bedrooms/ 1 full bath and has an open floor plan with one car attached garage. Unit A has a patio and unit B has a deck with each unit having a nice water view for your enjoyment. Make this home yours today!

Last Listed By

Chong-Sun Hess

RSVP Brokers ERA License #37750 Listed on: 04/28/2021

RSVP Brokers ERA

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1764898

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,418

Year Built

  • Built in 1978

Lot Details

  • 0.37 Acre Lot
  • Street terminates at a dead end
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,872 Sq Ft Home
  • 1-Story Property
  • Bay Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Chico Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29250130712001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,418

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1978
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1872
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Bay
  • Lot Features: Dead End Street
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electric
  • WaterSewerGarbage: 1032

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 29250130712001
  • Lot Size Acres: 0.37
  • Lot Size Sq Ft: 16117
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Patio
  • MLSLotSizeSource: County
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2750

Multi Family

  • Gross Scheduled Income: 33000
  • Number Of Units Total: 2
  • Insurance Expense: 806
  • Leasable Area: 1872
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3418

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
Jun 1, 2021
Sold by
Fitzgerald Demarae R and Fitzgerald Jonathan
Bought by
Mackin Jill
Seller's Agent
Chong-Sun Hess
RSVP Brokers ERA
List Price
$445,000
Sold Price
$450,000
Premium/Discount to List
$5,000
1.12%
Total Days on Market
0
Current Estimated Value
$544,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,586
Avg. Annual Appreciation
4.48%
Original Mortgage
$337,500
Outstanding Balance
$310,837
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$225,384

Purchase Details

Closed on
Jul 20, 1998
Sold by
Norwest Mtg Inc
Bought by
Fitzgerald Jonathan and Fitzgerald Demarae R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
7.01%

Purchase Details

Closed on
Apr 15, 1998
Sold by
Va
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Jan 23, 1998
Sold by
Convirs Steve P and Convirs Patricia R
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Oct 1, 1997
Sold by
Norwest Mtg Inc
Bought by
Va

Purchase Details

Closed on
Jan 8, 1996
Sold by
Convirs Steve P
Bought by
Convirs Steve P and Convirs Patricia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,700
Interest Rate
7.18%
Mortgage Type
VA
Source: Public Records

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Range of Values:

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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
Mackin Jill $450,000 Fidelity National Title
Fitzgerald Jonathan $102,500 Charter Title Corporation
Norwest Mtg Inc -- Charter Title Corporation
Norwest Mtg Inc -- Charter Title Corp
Va -- Charter Title Corp
Convirs Steve P -- Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mackin Jill $337,500
Previous Owner Fitzgerald Demarae R $74,000
Previous Owner Fitzgerald Jonathan $82,000
Previous Owner Convirs Steve P $147,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold $450,000 +1.1% $240 / Sq Ft
05/07/2021 05/07/21 Price Changed $445,000 0.0% $238 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $445,000 -- $238 / 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 $4,845 $497,390 $145,130 $352,260
2024 $4,714 $497,390 $145,130 $352,260
2023 $3,768 $390,420 $110,630 $279,790
2022 $3,755 $343,610 $97,200 $246,410
2021 $3,418 $296,800 $83,780 $213,020
2020 $3,088 $270,050 $76,100 $193,950
2019 $2,958 $250,370 $70,730 $179,640
2018 $3,153 $214,780 $75,530 $139,250
2017 $2,890 $214,780 $75,530 $139,250
2016 $2,838 $195,240 $75,530 $119,710
2015 $2,720 $195,240 $75,530 $119,710
2014 -- $191,570 $75,530 $116,040
2013 -- $204,990 $92,610 $112,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1764898

Northwest Multiple Listing Service (NWMLS)

APN: 292501-3-071-2001