Fully rented, solid investment opportunity. New roof and underlayment just installed, 1 bedroom, 1 bath units, 4-plex. Great location halfway between Deception Pass and Oak Harbor. Very low maintenance building. Lots of parking. Large lot 33,541 sq ft, possibility of future expansion. No HOA, septic system, very low expenses. rents are currently well below market rates, and slowly being increased. Good long-term investment. always rented. Seller will be doing a 1031 exchange.
Sold
Listed by: Windermere R.E. Northeast, Inc
Bought with: Keller Williams Realty Bothell
$612,500
4142 Kimberly Way, Oak Harbor, WA 98277
--beds
--baths
2,200sqft
Multi Family
Built in 1975
-- sqft lot
$-- Zestimate®
$278/sqft
$3,680 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,680/mo
Zestimate® history
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New roof
Zillow last checked:
Listing updated:
Listed by:
Ronald G. Volz,
Windermere R.E. Northeast, Inc
Bought with:
Sunshine S. Burruss, 27744
Keller Williams Realty Bothell
Source: NWMLS as distributed by MLS GRID,MLS#: 2138412
Facts & features
Interior
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 2,200
- Total interior livable area: 2,200 sqft
Property
Parking
- Total spaces: 12
- Parking features: Open
- Uncovered spaces: 12
Features
- Patio & porch: Wall to Wall Carpet
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.77 Acres
- Dimensions: 33541
- Features: Open Lot, Cable TV, Patio
Details
- Parcel number: R233071721430
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1975
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: Septic
- Water: Community, Company: Community
Community & neighborhood
Location
- Region: Oak Harbor
- Subdivision: Oak Harbor
Other
Other facts
- Listing terms: Conventional,FHA,VA Loan
- Cumulative days on market: 919 days
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2024 | Sold | $612,500-4.1%$278/sqft |
Source:  NWMLS as distributed by MLS GRID #2138412 Report a problem | ||
| 5/18/2024 | Pending sale | $639,000$290/sqft |
Source: NWMLS as distributed by MLS GRID #2138412 Report a problem | ||
| 5/10/2024 | Price change | $639,000-1.5%$290/sqft |
Source: NWMLS as distributed by MLS GRID #2138412 Report a problem | ||
| 1/11/2024 | Listed for sale | $649,000$295/sqft |
Source: NWMLS as distributed by MLS GRID #2138412 Report a problem | ||
| 1/3/2024 | Pending sale | $649,000$295/sqft |
Source: NWMLS as distributed by MLS GRID #2138412 Report a problem | ||
| 12/4/2023 | Price change | $649,000-5.8%$295/sqft |
Source: NWMLS as distributed by MLS GRID #2138412 Report a problem | ||
| 11/18/2023 | Listed for sale | $689,000$313/sqft |
Source: NWMLS as distributed by MLS GRID #2138412 Report a problem | ||
| 11/3/2023 | Pending sale | $689,000$313/sqft |
Source: NWMLS as distributed by MLS GRID #2138412 Report a problem | ||
| 7/14/2023 | Listed for sale | $689,000+43.5%$313/sqft |
Source: NWMLS as distributed by MLS GRID #NWM2138412 Report a problem | ||
| 6/13/2019 | Sold | $480,000-3%$218/sqft |
Source: NWMLS as distributed by MLS GRID #1431839 Report a problem | ||
| 4/22/2019 | Pending sale | $495,000$225/sqft |
Source: Windermere Real Estate/Whidbey Island #1431839 Report a problem | ||
| 4/13/2019 | Listed for sale | $495,000+139.1%$225/sqft |
Source: Windermere Real Estate/Whidbey Island #1431839 Report a problem | ||
| 1/22/2016 | Listing removed | $635 |
Source: Koetje Property Management Report a problem | ||
| 1/13/2016 | Listed for rent | $635+21% |
Source: Koetje Property Management Report a problem | ||
| 11/7/2013 | Listing removed | $525 |
Source: Zillow Rental Network Report a problem | ||
| 9/4/2013 | Listed for rent | $525 |
Source: Zillow Rental Network Report a problem | ||
| 9/24/2003 | Sold | $207,000$94/sqft |
Source: NWMLS as distributed by MLS GRID #23086321 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,666 -0.2% | $518,451 -0.7% |
| 2023 | $3,672 +1.4% | $522,318 +7% |
| 2022 | $3,620 -24.1% | $487,983 +5.5% |
| 2021 | $4,768 +0.8% | $462,598 +1.1% |
| 2020 | $4,730 +81.9% | $457,769 +63.8% |
| 2019 | $2,600 -15.7% | $279,531 -0.2% |
| 2018 | $3,085 +38.2% | $280,065 +34.5% |
| 2017 | $2,233 +4.7% | $208,216 -2.8% |
| 2016 | $2,132 -3.5% | $214,320 |
| 2015 | $2,209 | $214,320 |
| 2013 | -- | $214,320 |
| 2012 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | $295,145 -2.5% |
| 2008 | -- | $302,598 -0.6% |
| 2007 | -- | $304,577 +6% |
| 2006 | -- | $287,303 +32.1% |
| 2005 | -- | $217,411 +31.4% |
| 2002 | -- | $165,409 +0.8% |
| 2000 | $1,463 | $164,093 |
Find assessor info on the county website
Neighborhood: 98277
Nearby schools
GreatSchools rating
- 8/10Crescent Harbor Elementary SchoolGrades: K-4Distance: 3.7 mi
- 7/10North Whidbey Middle SchoolGrades: 7-8Distance: 4.5 mi
- 6/10Oak Harbor High SchoolGrades: 9-12Distance: 4.9 mi
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- Washington
- Island County
- Oak Harbor
- 98277
- 4142 Kimberly Way
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