NOT LISTED FOR SALE

717 Franklin St Port Townsend, WA 98368

4 Beds
4 Baths
2,266 Sq Ft
2,680 Sq Ft Lot

Last Sold January 07, 2021

Last sale price $586,500 $259 Per Sq Ft

102 Days on Market

Highlights

  • Views of a Sound
  • Engineered Wood Flooring
  • 1-minute walk to Rothschild House Historic Site
  • Port Townsend High School Rated 9+
  • Wood Siding

About This Home

As of January 2021

1890's fourplex situated in a lovely neighborhood in historic uptown PT-just a short walk from downtown shops, restaurants and waterfront. Units are in high demand and consistently rented. Each unit has been refurbished to reflect its own unique character and has experienced several upgrades under present owner. Unit 3 on second floor makes for a perfect retreat with expansive water views from kitchen and living room. Unit 1 also offers a "peek-a-boo" view from bay window.

Last Agent to Sell the Property

Jan Garing

Windermere R.E. Port Townsend License #12925 Listed on: 07/31/2020

Windermere R.E. Port Townsend

Last Buyer's Agent

Kathi Habenicht

eXp Realty License #118291

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1639019

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,116

Year Built

  • Built in 1891

Lot Details

  • 2,680 Sq Ft Lot
  • Lot Dimensions are 40x64

Property Views

  • Views of a Sound
  • Bay
  • Mountain

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Pillar, Post or Pier Foundation
  • Shake Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,266 Sq Ft Home
  • 3-Story Property

Flooring

  • Engineered Wood
  • Softwood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Community Details

  • Original Townsite Of Port Townsnd Condos
  • Uptown Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 90
  • Assessor Parcel Number 989709003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,116

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1891
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Original Townsite of Port Townsnd
  • New Construction: No
  • CalculatedSquareFootage: 2266
  • Special Features: None
  • Cumulative Days on Market: 379

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Engineered Hardwood, Softwood, Vinyl, Carpet
  • Interior Amenities: Fir/Softwood, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Cedar Shake, Composition, Flat
  • View: Bay, Mountain(s), Sound
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Post & Pillar
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Jefferson PUD #1
  • SewerCompany: City of Port Townsend
  • WaterCompany: City of Port Townsend
  • WaterSewerGarbage: 2100

Schools

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

Lot Info

  • Parcel Number: 989709003
  • Lot Size Acres: 0.0615
  • Lot Size: 40X64
  • Lot Size Sq Ft: 2680
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 4

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 19
  • LeasedItems: None
  • TotalMonthlyIncome: 3350

Multi Family

  • Gross Scheduled Income: 31260
  • Net Operating Income: 23035
  • Number Of Units Total: 4
  • Electric Expense: 265
  • Insurance Expense: 1258
  • Leasable Area: 2262
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 5116

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2020
Closed on
Dec 24, 2020
Sold by
Frances V Wafer Trust
Bought by
Seymour Revocable Trust and Seymour
Seller's Agent
Jan Garing
Windermere R.E. Port Townsend
Buyer's Agent
Kathi Habenicht
eXp Realty
List Price
$615,000
Sold Price
$586,500
Premium/Discount to List
-$28,500
-4.63%
Total Days on Market
102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2005
Sold by
Wafer Frances W
Bought by
Wafer Frances and Wafer Trust
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
Seymour Revocable Trust $586,500 Jefferson Title
Seymour Mark $586,500 Jefferson Title Co Inc
Wafer Frances -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seymour Mark $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2021 01/07/21 Sold $586,500 -3.1% $259 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
10/14/2020 10/14/20 Price Changed $605,000 -1.6% $267 / Sq Ft
07/31/2020 07/31/20 For Sale $615,000 -- $271 / 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 $6,095 $679,114 $243,000 $436,114
2022 $5,672 $674,114 $238,000 $436,114
2021 $5,434 $584,843 $220,200 $364,643
2020 $5,116 $540,447 $201,850 $338,597
2019 $4,603 $496,051 $183,500 $312,551
2018 $4,880 $484,521 $180,200 $304,321
2017 $4,369 $449,137 $164,450 $284,687
2016 $3,744 $429,504 $164,450 $265,054
2015 $3,580 $382,761 $156,975 $225,786
2014 -- $363,128 $156,975 $206,153
2013 -- $345,835 $149,500 $196,335
Source: Public Records

Agents Affiliated with this Home

  • Jan Garing

    Seller's Agent in 2021

    Jan Garing

    Sally Bowman Real Estate

    (360) 301-5492

    106 Total Sales

    Jan Garing
    Section Image
  • Kathi Habenicht

    Buyer's Agent in 2021

    Kathi Habenicht

    eXp Realty

    (425) 387-4517

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1639019

Northwest Multiple Listing Service (NWMLS)

APN: 989709003

Washington Jefferson County Port Townsend 98368

717 Franklin St, Port Townsend, WA

This home is located at 717 Franklin St, Port Townsend, WA 98368 since 31 July 2020. This property was built in 1891. 717 Franklin St is a home located in Jefferson County with nearby schools including Grant Street Elementary School, Blue Heron Middle School, and Port Townsend High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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