Listed by John L. Scott, Inc., Bought with RE/MAX Connect
NOT LISTED FOR SALE

8568 Tracyton Blvd NW Unit A&B Bremerton, WA 98311

Silverdale Neighborhood

Estimated Value: $461,000 - $536,000

5 Beds
2 Baths
1,864 Sq Ft
$261/Sq Ft Est. Value

Last Sold December 07, 2020

Last sale price $385,000 $207 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,807/month

20 Days on Market

Highlights

  • 0.62 Acre Lot
  • Patio
  • Property is in very good condition
  • Central Kitsap High School Rated A-
  • Ceramic Tile Flooring
  • Property is Fully Fenced

About This Home

As of December 2020

Location, Location with this Tracyton Duplex on .62 acre lot! Investment opportunity w/ easy access to Silverdale in a quiet neighborhood of single family homes on dead end street. Stones throw to freeway, shopping & hospital. Offering 3 bd/1 ba on one side, other side is 1 bd/1 ba. Wood burning insert in Unit A. Both units have their own W/D and patio space. Nice condition, metal roof, fully fenced & great long term tenants. Nice Cap Rate w/ room for improvement!Fruit trees-cherry,pear & plum.

Last Agent to Sell the Property

Lisa Diehl

John L. Scott, Inc. License #91831 Listed on: 09/25/2020

John L. Scott, Inc.

Last Buyer's Agent

Tracy Wall

RE/MAX Connect License #124037

RE/MAX Connect

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1668081

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,907

Year Built

  • Built in 1945

Lot Details

  • 0.62 Acre Lot
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Property is in very good condition

Home Design

  • Duplex
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,864 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Central Kitsap Subdivision

Listing and Financial Details

  • Assessor Parcel Number 21250140732005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,907

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1945
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1864
  • Special Features: None
  • Cumulative Days on Market: 368

Interior Features

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

Exterior Features

  • Roof: Metal
  • Lot Features: Dead End Street
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Silverdale Water
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Central Kitsap #401

Lot Info

  • Parcel Number: 21250140732005
  • Lot Size Acres: 0.62
  • Lot Size Sq Ft: 27007
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Outbuildings,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 2480

Multi Family

  • Gross Scheduled Income: 29760
  • Net Operating Income: 26185
  • Number Of Units Total: 2
  • Insurance Expense: 668
  • Leasable Area: 1864
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Nov 12, 2020
Sold by
Song Ju Yeon
Bought by
White Seth R
Seller's Agent
Lisa Diehl
John L. Scott, Inc.
Buyer's Agent
Tracy Wall
RE/MAX Connect
List Price
$425,000
Sold Price
$385,000
Premium/Discount to List
-$40,000
-9.41%
Current Estimated Value
$460,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,400
Original Mortgage
$378,026
Outstanding Balance
$340,962
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 2017
Sold by
Tax Deferred Exchange Services Inc
Bought by
Song Ju Yeon

Purchase Details

Closed on
May 20, 2016
Sold by
Peters Violet E and Peters Violet Krone
Bought by
Tax Deferred Exchange Services Inc

Purchase Details

Closed on
Nov 10, 2005
Sold by
Peters Violet Krone
Bought by
Ketterling Barton
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
White Seth R $385,000 Pacific Northwest Ttl Silver
Song Ju Yeon $281 Attorney Title
Tax Deferred Exchange Services Inc $222,000 Pacific Nw Title
Ketterling Barton -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Seth R $378,026
Previous Owner Peters Violet E Krone $136,000
Previous Owner Peters Violet E Krone $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2020 12/07/20 Sold $385,000 0.0% $207 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
10/09/2020 10/09/20 Price Changed $385,000 -3.5% $207 / Sq Ft
09/28/2020 09/28/20 Price Changed $399,000 -6.1% $214 / Sq Ft
09/25/2020 09/25/20 For Sale $425,000 -- $228 / 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 $3,586 $362,540 $132,940 $229,600
2024 $3,489 $362,540 $132,940 $229,600
2023 $3,408 $352,520 $147,480 $205,040
2022 $3,285 $299,620 $125,270 $174,350
2021 $3,165 $275,450 $114,610 $160,840
2020 $2,907 $255,510 $105,720 $149,790
2019 $2,778 $236,470 $97,730 $138,740
2018 $2,959 $202,430 $81,280 $121,150
2017 $2,705 $202,430 $81,280 $121,150
2016 $2,666 $184,830 $81,280 $103,550
2015 $2,552 $184,830 $81,280 $103,550
2014 -- $176,550 $81,280 $95,270
2013 -- $176,550 $81,280 $95,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1668081

Northwest Multiple Listing Service (NWMLS)

APN: 212501-4-073-2005