Listed by Great Northwest Real Estate, Bought with Keller Williams West Sound
NOT LISTED FOR SALE

824 8th St Bremerton, WA 98337

Estimated Value: $340,000 - $397,000

4 Beds
3 Baths
1,490 Sq Ft
$249/Sq Ft Est. Value

Last Sold March 14, 2022

Last sale price $330,000 $221 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,270/month

4 Days on Market

Highlights

  • No HOA
  • Wall to Wall Carpet
  • 1-Story Property

About This Home

As of March 2022

These 3 buildings are ready for you and your tools. Remodel and have a mini multi-gen living or tear down and make a top of the line tri-plex. They are located in an area that is seeing revitalization. Closes to shipyard and ferry, shopping, highway, schools/college. Great property to make shine again! Perfect for an investor/developer looking to reap the benefits of a great income producing property in an up-and-coming area.

Last Agent to Sell the Property

Joan Taie

Great Northwest Real Estate License #25775 Listed on: 02/16/2022

Last Buyer's Agent

Cheyenne Stallings

Keller Williams West Sound License #20119067

Keller Williams West Sound

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1890610

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,300

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Triplex
  • Fixer Upper
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,490 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Community Details

  • No Home Owners Association
  • West Bremerton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 37690010050107

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,300

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1920
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1490
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Property Condition: Fixer
  • Structure Type: Triplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: PUD
  • WaterCompany: PUD
  • CableConnected: Buyer to verify
  • InternetConnected: Buyer to Verify
  • WaterSewerGarbage: 2700

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 37690010050107
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Record
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 1900

Multi Family

  • Gross Scheduled Income: 22800
  • Net Operating Income: 14484
  • Number Of Units Total: 3
  • Insurance Expense: 800
  • Leasable Area: 1490
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2300

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2022
Closed on
Mar 4, 2022
Sold by
Ridgway Jaime T
Bought by
1909 Holdings Llc
Seller's Agent
Joan Taie
Great Northwest Real Estate
Buyer's Agent
Cheyenne Stallings
Keller Williams West Sound
List Price
$299,999
Sold Price
$330,000
Premium/Discount to List
$30,001
10%
Current Estimated Value
$370,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,680
Avg. Annual Appreciation
2.15%
Original Mortgage
$264,000
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2002
Sold by
Bankers Trust Company Of California Na
Bought by
Ridgway Jamie T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,300
Interest Rate
7.18%

Purchase Details

Closed on
Oct 5, 2001
Sold by
Mcgehee Raymond O and Mcgehee Patricia L
Bought by
Bankers Trust Company Of California Na
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
1909 Holdings Llc $330,000 Land Title
Ridgway Jamie T $77,000 First American Title Ins
Bankers Trust Company Of California Na $92,650 Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1909 Holdings Llc $450,000
Closed 1909 Holdings Llc $264,000
Previous Owner Ridgway Jamie T $74,500
Previous Owner Ridgway Jamie T $69,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2022 03/14/22 Sold $330,000 +10.0% $221 / Sq Ft
02/20/2022 02/20/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $299,999 -- $201 / 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 $3,536 $400,800 $85,340 $315,460
2024 $3,412 $308,250 $85,340 $222,910
2023 $2,713 $308,250 $85,340 $222,910
2022 $2,872 $293,450 $71,120 $222,330
2021 $2,284 $213,550 $53,550 $160,000
2020 $2,119 $197,960 $49,560 $148,400
2019 $1,828 $176,880 $44,240 $132,640
2018 $1,919 $121,580 $33,260 $88,320
2017 $1,592 $121,580 $33,260 $88,320
2016 $1,590 $107,270 $29,170 $78,100
2015 $1,479 $106,330 $31,730 $74,600
2014 $1,456 $101,500 $31,730 $69,770
2013 $1,483 $108,090 $33,490 $74,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1890610

Northwest Multiple Listing Service (NWMLS)

APN: 3769-001-005-01-07