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1116 Lower Marine Drive

1116 Lower Marine Drive, Bremerton, WA 98312
Property in West Bremerton
Sold Mar 19, 2020
$350,000
$332,500 by Penrith Home Loans
Mortgage Due Apr 01, 2050
Sold Mar 31, 2010
$222,280
$226,773 by Legacy Group Lending Inc
Mortgage Due Apr 01, 2040
1116 Lower Marine Drive has been categorized by the local assessors in Bremerton, WA as a residential type of property. The building on the property was first built in 2003 and is 21 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1116 Lower Marine Drive has 1,689 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 11,761 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 440 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of wood. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1116 Lower Marine Drive was last sold in Mar 10, 2020 for $350,000. According to our calculations, that's $164.40 per sqft. Prior to that sales transaction, the property was sold for $222,280 in Mar 30, 2010. Current property owners are expected to pay $3,831 in taxes per year. The property on 1116 Lower Marine Drive was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $435,380. To break that down further, the land itself was valued at $90,490. While improvements to the property were assessed at a total of $344,890. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Split level
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 880
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 2,129
  • Gross Building Area: 2,129
  • Building Area: 1,689
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,689
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BREMERTON
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RESULTANT BRONOW PARCEL OF BOUNDARY LINE ADJUSTMENT RECORDED UNDER AUDITORS FILE NO. 200810140003, AND AS DEPICTED ON SURVEY RECORDED UNDER AUDITORS FILE NO. 200810140002, IN VOLUME 71 OF SURVEYS, PAGE 129, RECORDS OF KITSAP COUNTY, WASHINGTON, DESCR

Ownership

  • Current Owner : KAGAN RACHEL
  • Current Owner 2: DELGADO BRYCE
  • Previous Owner : SANTOS EDWARD JAMES
  • Previous Owner 2: SANTOS HEATHER
  • Owner Before Previous Owner: BRONOW ROBERT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bremerton School District
  • School Tax School District: 0010
  • Census Tract: 080700

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: R15N
  • Parcel: 152401-2-169-2003
  • Block: 12
  • Lot: 1
  • Meridian: SEC 15 TWN 24 RNG 1E
  • Municipality: BREMERTON
  • Latitude: 47.5725
  • Longitude: -122.667

    Address

  • Full Address: 1116 Lower Marine Dr
  • Address - House Number: 1116
  • Address - Street Name: Lower Marine
  • Address - Suffix Type: Dr
  • State: WA
  • City Name: Bremerton
  • Carrier Code: C031
  • 4-Digit Zip Code: 2440
  • Zip Code: 98312

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,831
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.2421
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 66
  • Final Value: 488,464
  • High Value: 606,753
  • Low Value: 370,174

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $332,500
  • First Open Lien Mortgage Lender: PENRITH HOME LOANS
  • First Open Lien Mortgage Recording Date: Mar 19, 2020
  • First Open Lien Mortgage Loan Amount: $332,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2050

    Market Valuation

  • Market Total Value: $435,380
  • Market Land Value: $90,490
  • Market Improvement Value: $344,890

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $435,380
  • Assessed Land Value: $90,490
  • Assessed Improvements Value: $344,890

    Sales

  • Current Sale Contract Date: Mar 10, 2020
  • Current Sale Recording Date: Mar 19, 2020
  • Current Sale Transaction ID: 11751525873
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202003190180
  • Previous Sale Recording Date: Mar 31, 2010
  • Previous Sale Contract Date: Mar 30, 2010
  • Previous Sale Amount: $222,280
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENRITH HOME LOANS
  • First Mortgage Transaction Date: Mar 19, 2020
  • First Mortgage Loan Amount: $332,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: LEGACY GROUP LENDING INC
  • Previous Mortgage Transaction Date: Mar 31, 2010
  • Previous Mortgage Loan Amount: $226,773
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Apr 01, 2040

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Frequently Asked Questions

What neighborhood is 1116 Lower Marine Drive located in?
The 1116 Lower Marine Drive is a located in the neighborhood of West Bremerton in West Bremerton, Bremerton.
What is the average sales price for listings in 1116 Lower Marine Drive?
The average sales price for units in 1116 Lower Marine Drive is $0 currently.

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