2520 Parkwood Dr SE Port Orchard, WA 98366

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3 beds · 1 bath · 936 sq ft · Lot Size: 13,939 sq ft · Single Family Home
Est. Property Value: $402,371

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2520 Parkwood Dr SE is in the 98366 neighborhood of Port Orchard, WA. It is located in Kitsap County and ZIP code 98366. This Single Family Home was built in 1962 and is approximately 63 years old. The single family home spans 936 sq ft with 3 bedrooms and 1 bathroom and sits on a 13939 sq ft lot. According to public records, it was last sold in 1987 for $54,000 and has a tax-assessed value of $336,070, which is $430 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 2520 Parkwood Dr SE Port Orchard, WA 98366 with Property Intel by Whitepages.

2520 Parkwood Dr SE

Port Orchard, WA 98366

Owner Info

Owners & Occupancy for 2520 Parkwood Dr SE

This property is owned by Valarie L Houk. Owner contact information includes 3 phone numbers and 5 email addresses.

Property Owners

OccupationWork at Home Secretarial, Houk Enterprises
Cell Phone(360) ***-****View Cell Phone
Residence****************
Landline(360) 871-3304
Distance from Property**********
Email Address***************@gmail.comView Email
Residence****************
Landline(360) 871-3304
Distance from Property**********
Email Address********@msn.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1************** age 67
Resident 2************* age 65

Property Financials for 2520 Parkwood Dr SE

2520 Parkwood Dr SE, Port Orchard, WA has a mortgage from Lynnwood Mtg (orig. June 23, 2020). The Kitsap county assessment for 2024 values it at $336,070, with annual taxes of $2,900.

Mortgage & Equity Information

Loan Amount$******
LenderLynnwood Mtg
Origination DateJune 23, 2020
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date*************
Equity View Equity

Property Tax

Purchase DateApril 30, 1987
Property Tax Amount$2,900 in 2024
Purchase Price$54,000
Assessed Value$336,070 on 2024

Investment Potential for 2520 Parkwood Dr SE

The property has a current estimated value of $402,371, which is 14% below the zip median, based on public records. It last sold on April 30, 1987 for $54K. Projected long-term
is $26,400 annually ($2,200 per month) with a 91% occupancy rate.

Discover more Single Family Homes in 98366.

Long-Term

Gross Rental
$26,400 per year($2,200 per month)
Net Operating Income
Cap Rate
Occupancy Rate
91%in 98366 zip code
 
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Property Details for 2520 Parkwood Dr SE

Property Details

Property Sq Ft

Living Area

936 sq ft

40% below market

Lot Size

13,939 sq ft

28% above market

Price Per Sq Ft

Living Area

$430 / sq ft

40% above market

Lot Size Area

$29 / sq ft

32% below market

Property condition, age, exterior, etc. for 2520 Parkw…
Longitude: -122.605662 Latitude: 47.525445 Parcel Number (APN): 4614-002-016-00-08…

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Market Benchmarks

Compare data for 2520 Parkwood Dr SE in Kitsap County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$402,371
$552,818
-$150,447 (-27%)
$639,497
-$218,905 (-34%)
YoY Price Change
2.74%
-246%
Year Built
1962
1984
-22 years
Living Space
936 sq ft
1,695 sq ft
-759 (-45%)
$ Per Living Sq Ft
$430
$325
$105 (32%)
Lot Size
13,939 sq ft
9,815 sq ft
4124 (42%)
$ Per Lot Sq Ft
$29
$52
-$23 (-44%)

Net Operating Income
$22,264
-$5,217 (-23%)
Annual Revenue
$26,400
$36,000
-$9,600 (-27%)
$13,147
-$3,794 (-29%)
Net Operating Income
$22,264
-$5,217 (-23%)
Cap Rate
3.94%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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