Listed by PRO RLTYSRVCS Eastside, Bought with Windermere RE West Sound Inc.
NOT LISTED FOR SALE

Estimated Value: $364,000 - $412,000

5 Beds
2 Baths
1,440 Sq Ft
$267/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $187,000 $130 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $2,326/month

159 Days on Market

Highlights

  • Thermal Windows
  • Wood Siding
  • 1-Story Property
  • Concrete Flooring

About This Home

As of November 2016

Turnkey duplex is the perfect property to add to your portfolio! This property has been totally remodeled including: kitchens, bathrooms, windows, siding, roof and interior/exterior paint. Both units have w/d hookups and have very efficient layouts maximizing the living space! Both units rented to a non-profit so there is an upside in the rents but has a true 8.3% cap rate! Tons of parking and outdoor space and close to schools, shopping and highways help retain long term tenants!

Last Agent to Sell the Property

Ben Nelson

PRO RLTYSRVCS Eastside License #74911 Listed on: 02/29/2016

PRO RLTYSRVCS Eastside

Last Buyer's Agent

Kristina Togia

Windermere RE West Sound Inc. License #92203

Windermere RE West Sound Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 902177

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $797

Year Built

  • Built in 1941 | Remodeled

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • Duplex
  • Block Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Concrete
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Schools

  • West Hills Elementary School
  • Mtn View Mid Middle School
  • Bremerton High School

Community Details

  • Navy Yard City Condos
  • Navy Yard City Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 7
  • Assessor Parcel Number 46000070010000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$797

Year Built

Built in 1941 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1941
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Navy Yard City
  • New Construction: No
  • CalculatedSquareFootage: 1440
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 584

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood, Wood Products
  • Foundation Details: Block, Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Bremerton
  • WaterCompany: City of Bremerton
  • WaterSewerGarbage: 2040

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Bremerton #100c
  • High School: Bremerton High
  • Middle Or Junior School: Mtn View Mid

Lot Info

  • Parcel Number: 46000070010000
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: KCR
  • ZoningClass: Multi-Family
  • LotNumber: 1

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 1700

Multi Family

  • Gross Scheduled Income: 20400
  • Net Operating Income: 16201
  • Number Of Units Total: 2
  • Insurance Expense: 750
  • Leasable Area: 1440
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2016
  • Tax Annual Amount: 797

MLS Schools

  • Elementary School: West Hills Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2016
Closed on
Nov 18, 2016
Sold by
Nelson Katherine A and Nelson Scott L
Bought by
Heidner Glenn and Heidner Kristina M
Seller's Agent
Ben Nelson
PRO RLTYSRVCS Eastside
Buyer's Agent
Kristina Togia
Windermere RE West Sound Inc.
List Price
$195,000
Sold Price
$187,000
Premium/Discount to List
-$8,000
-4.1%
Current Estimated Value
$384,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,662
Avg. Annual Appreciation
8.53%
Original Mortgage
$140,250
Interest Rate
3.94%

Purchase Details

Closed on
Feb 19, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Nelson Scott and Nelson Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,369
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2014
Sold by
Morgan John D and Morgan Rebecca J
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 21, 2006
Sold by
Lundstrom Franklin J and Lundstrom Mary J
Bought by
Morgan Ii John D and Morgan Rebecca J

Purchase Details

Closed on
Feb 28, 2000
Sold by
Austin Kenneth E and Austin Judith L
Bought by
Lundstrom Micah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,500
Interest Rate
8.26%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 10, 1995
Sold by
Hosea Geofry L and Hosea Michaele J
Bought by
Hunter June and Hunter Morrise
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
Heidner Glenn $333,360 --
Nelson Scott -- First American Title
Federal Home Loan Mortgage Corporation -- Accommodation
Morgan Ii John D $50,280 None Available
Lundstrom Micah $69,500 Pacific Nw Title
Hunter June $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heidner Glenn M $210,000
Closed Heidner Glenn $140,250
Closed Heidner Glenn --
Closed Heidner Glenn $140,250
Previous Owner Nelson Scott L $131,250
Previous Owner Nelson Scott $88,369
Previous Owner Lundstrom Micah $64,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2016 11/18/16 Sold $187,000 -0.5% $130 / Sq Ft
08/08/2016 08/08/16 Pending -- -- --
08/02/2016 08/02/16 Price Changed $187,950 -3.6% $131 / Sq Ft
03/01/2016 03/01/16 For Sale $195,000 -- $135 / 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 $2,951 $283,440 $76,500 $206,940
2024 $2,893 $283,440 $76,500 $206,940
2023 $2,848 $283,440 $76,500 $206,940
2022 $2,651 $236,760 $63,750 $173,010
2021 $2,100 $172,600 $48,190 $124,410
2020 $1,960 $159,870 $44,600 $115,270
2019 $1,744 $143,180 $39,810 $103,370
2018 $1,761 $51,870 $29,930 $21,940
2017 $857 $51,870 $29,930 $21,940
2016 $797 $45,510 $26,250 $19,260
2015 $1,125 $70,130 $28,560 $41,570
2014 $1,115 $67,650 $28,560 $39,090
2013 $1,196 $76,680 $30,140 $46,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 902177

Northwest Multiple Listing Service (NWMLS)

APN: 4600-007-001-00-00