Sold
Last Sold Price
2,688 sqft

495-497 NE Riddell Rd, Bremerton, WA 98310

Multi FamilyProperty Type
0.6 acresLot Size
2004Year Built
$275/sq ftPrice per sq ft
6 carsParking Spaces

Description

Rare opportunity to own a turn-key investment property in Central Kitsap on over half an acre. Each unit has 3 bedrooms plus a bonus room and a gas fireplace and 2 full baths, a great layout with big open kitchens, living space, and washer/dryer hookups. attached 1 car garage on each side. Unit 495 has been updated with vinyl plank throughout the house, updated bathroom and interior paint, brand new appliances, new sliding door to the backyard. Unit 497 is in good condition. Solid rental history...Rare opportunity to own a turn-key investment property in Central Kitsap on over half an acre. Each unit has 3 bedrooms plus a bonus room and a gas fireplace and 2 full baths, a great layout with big open kitchens, living space, and washer/dryer hookups. attached 1 car garage on each side. Unit 495 has been updated with vinyl plank throughout the house, updated bathroom and interior paint, brand new appliances, new sliding door to the backyard. Unit 497 is in good condition. Solid rental history - low vacancy. Perfect opportunity to live on one side and rent the other side. Large private yards are also a plus. Excellent location between Seattle ferry, PSNS, or Silverdale.
Listing closed: 04/25/2022 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 1902290
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Location

Listing Courtesy of John L. Scott, Inc.

Sold By RE/MAX Platinum Srvs/Silverdal

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Property Information for 495-497 Northeast Riddell Road

Property Details

  • Taxes: $5,068 / year
  • MLS Type: Residential Income
  • Community Name: Bremerton
  • School District: Central Kitsap #401
  • View: Territorial
  • Number of Assigned Spaces: 6
  • Total Covered Parking: 2
  • Entry Date: 03-15-2022
  • Energy Source: Electric,Natural Gas
  • Sewer: Sewer Connected

Building Information

  • Stories: 2
  • Residences: 2
  • Year Built: 2004
  • Lot Size: 0.60 AC / 26,136 SF

Summary

Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Deck, Gas Available, High Speed Internet
  • Area: 150 - E Central Kitsap
  • Elementary School: Pinecrest Elem
  • Middle Or Junior School: Fairview Middle
  • High School: Olympic High
  • Effective Year Built Source: Public Records
  • Directions: Wheaton Way to west on Riddell, pass Pine, to property on Left.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2022
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes

Interior and Exterior Features

Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl Plank, Carpet
  • Features: Forced Air, Wall to Wall Carpet
  • Fireplace: No
  • FIRPTA: No
Exterior Features
  • Exterior: Cement Planked
  • Roof: Composition

Property

Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: PSE
  • Sewer Company: City of Bremerton
  • Water Company: City of Bremerton
  • Power Production Type: Electric, Natural Gas
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: County
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2004
  • Photos Count: 29
Lot Information
  • Lot Details: Paved, Sidewalk
  • Lot Number: 15
  • Lot Size Source: Realist
  • Parcel Number Free Text: 39620000150102
  • Building Condition: Good
  • Calculated Square Footage: 2688
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2688.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No

Multi Family

Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: true
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 11028
  • Gross Adjusted Income: 39600
  • Gross Rent Multiplier: 20
  • Gross Scheduled Income: $39,600
  • Insurance Expense: $2,000
  • Net Operating Income: $28,572
  • Other Expenses: $3,960
  • Total Monthly Income: 1625
  • Fuel Expense: $0

Rental

Rent Information
  • Occupant Type: Vacant
  • Leasable Area: 2736.0
  • Leasable Area Units: Square Feet

Property History for 495-497 Northeast Riddell Road

DateEvent & SourcePriceAppreciation
Apr 25, 2022

Sold

NWMLS #1902290

$740,000—
Mar 27, 2022

Pending

NWMLS #1902290

—
Mar 15, 2022

Listed (Active)

NWMLS #1902290

$799,000—
DateEvent & SourcePrice
04/25/2022

Sold

NWMLS #1902290

$740,000
03/27/2022

Pending

NWMLS #1902290

—
03/15/2022

Listed (Active)

NWMLS #1902290

$799,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 495-497 Northeast Riddell Road

This home is within Central Kitsap School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Pinecrest Elementary School
PublicPK to 5

Fairview Junior High School
Public6 to 8

Olympic High School
Public9 to 12

Barker Creek Community School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of John L. Scott, Inc.

Based on information submitted to the MLS GRID as of 09/05/2024 05:44 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.