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Home My WebLink About9206080190 KIT P COUNTY $& O0 CliCK Filed for Record at Request of: ~ When Recorded Return to: Name: Bremerton City Clerk Address: 239 Fourth Street Bremerton, WA. 98310 STATUTORY WAI~RANTY DEED (For Use in the State of Washington Only) THE GRANTOR, CHRISTINE E. GOWD~s her separate property, for and in consideration of Thirteen Thousand Five Hundred Dollars ($13,500.00), conveys and warrants to the CITY OF BREMERTON, a municipal corporation, the following described real estate, situated in the County of Kitsap, State of Washington: Lot(s) 1, 2, 3 and 4, Block 2, Ole Hanson's Navy Yard . Addition, according to the plat thereof, recorded in Volume 4 of Plats, Page(s) 56, records of KITSAP County, ~ t~.washingtOn'-, DATED this ~ day of ~%~ , 1992. STATE OF WASHINGTON ) : SS. COUNTY OF KITSAP ) On this day, before me, the undersigned, a Notary Public in and for the State of Wash.ington, dul~o_mmissioned and sworn, personally appeared Christine E. Gowd~,~o me known to be the individual described in and who executed ~he within and foregoing instrument, and acknowledged that she signed the same as her free STATUTORY WARRANTY DEED -1- and voluntary act and de~d, for the uses and purposes therein mentioned. ~G~IV~N, under my hand and official seal this ~ r' ~day of __ , 1992. Notary Public in and for~bjS.~9_te of Washington, residing at ,G~ My appointment expires.- /~/~/~ ~. F. #: 921360B0~.9{] RF_F_L 0~2 FI~ 137-'~J7 STATUTORY WARRANTY DEED -2- SELLER'S CLOSING STATEMENT / SELLER: CHRISTINE E. GOWD~ PURCHASER: CITY OF BREMERTON LEGAL DESCRIPTION: Lot(s) 1, 2, 3 and 4, Block 2, Ole Hanson's Navy Yard Addition, according to the plat thereof, recorded in Volume 4 of Plats, Page(s) 56, records of Kitsap County, Washington. AMOUNTS PAID SELLER AMOUNTS DUE SELLER Total Purchase Price $13,500.00 Earnest Money Paid $ 1,000.00 Unpaid Balance 12,500.00 $13,500.00 $13,500.00 Cash Payment Payable at Closing $12,500.00 Reduced by Seller's Closing Costs Title Insurance Premium $ .191.88 Cash Real Estate Commission to Reid Realty (10% of gross purchase price) 1,350.00 Total Seller's Closing Costs $1,541.88 (1,541.88) TOTAL CASH PROCEEDS PAYABLE TO SELLER AT CLOSING $10,958.12 ~ NOTE: A pro-rated share of the first half of property taxes previously paid by Seller on the above-described property will be reimbursed to the Seller by the Kitsap County Treasurer after processing and recording of the Statutory Warranty Deed. NOTE: It is understood and agreed by all parties SELLER'S CLOSING STATEMENT -1- hereto that this Closing Statement is subject to audit and should there be any errors or omissions, they are to be corrected. Further if any legitimate monetary error is discovered, it is to be assessed and immediately collected form the party or parties liable therefor. ACCEPTED AND APPROVED this ~ day of ~~ 1992.~ ' CHRISTINE E. GOW~ ELLER SELLER'S CLOSING STATEMENT -2- PURCHASER'8 CLOSING STATEMENT SELLER: CHRISTINE E. GOWDY PURCHASER: CITY OF BREMERTON LEGAL DESCRIPTION: Lot(s) 1, 2, 3 and 4, Block 2, Ole Hanson's Navy Yard Addition, according to the plat thereof, recorded in Volume 4 of Plats, Page(s) 56, records of Kitsap County, Washington. PURCHASER MUST PAY HOW PURCHASER PAYS Total Purchase Price $13,500.00 Earnest Money Paid $ 1,000.00 Unpaid Balance 12,500.00 $13,500.00 $13,500.00 Add Purchaser's Closing Costs to cash Payment Payable at Closing $13,500.00 Recording fee for Statutory Warranty Deed (Kitsap County Auditor) $ 8.00 1% Excise Tax Affidavit Processing Fee (Kitsap County Treasurer) 2.00 Total Purchaser's Closing Costs $10.00 ( 10.00) $13,510.00 Credit for Earnest Money Paid 1,000.00 TOTAL CASH REQUIRED FROM PURCHASER TO CLOSE $12,510.00 NOTE: It is understood and agreed by all parties hereto that this Closing Statement is subject to audit and should there be any errors or PURCHASER'S CLOSING STATEMENT -1- omissions, they are to be corrected. Further if any legitimate monetary error is discovered, it is to be assessed and immediately collected form the party or parties liable therefor. 1992.ACCEPTED AND APPROVED this ~ ~ day of /~/~/~/ CI~~. RTON Attorney for City of Bremerton PURCHASER PURCHASER'S CLOSING STATEMENT -2- 8ubmittoCountyTreasurerofthe REAL ESTATE EXCISE TAX ~_ ) ny cashier. Pay by cash or certified PLEASE TYPE OR PRINT ~TER 4~61 WAC ~18 AFFIDAVIT WI~ HOT BE ACCEFTED ¥~ I~MS ~ ~ ~ A~ FUrY C~ETED (~) Is this property currently: YES NO (~ Description of personal property if included in sale (furniture, ap- Classified or designated as forest land? [] [] pliances, etc.) Chapter 84.33 RCW Classified as current use land (open space, [] farm and agricultural, or timber)? Chapter 84.34 RCW If exemption claimed, explain Exempt from property tax under nonprofit [] [~ ~m~t ~ur~uan~ /:,3 organizations {Chapter 84.36 RCW? Receiving special valuation as historic [] property under Chapter 84.26 RCW? [] land with previously [] land with mobile home Gross Sale Price 1/ $ THE STATE OF WASHINGTON THAT THE FOREGOING IS TRUE This land [] does [] does not qualify AND CORRECT (see #6 on reverse for penalties). (3) NOTICE OF COMPLIANCE (Chapter 84.26 RCW) NAME (print) (3) OWNER(S) SIGNATURE P~re~ti~r ~o?t 2:]q 7ourt'~ interest corporate affiliates, related parties, 1 [] 2 [] exemption? f. Is the grantee acting as a nominee for a third 1[--] 2r'-I b. Does building, if any, have a heat pump or solar 1[] 2 [] party? c. Does this conveyance divide a current parcelof land? 1 [] 2 [] 1 [] agricultural 2 [] condominium 3 [] recrea~ion; d, Does sale include current crop or merchantable ti::] 2El 4 [] apt(4-t- units) 5 [] industrial 6 [] residential timber? 7 [] commercial 8 [] mobile home 9 [] timber FORM REV 64 0030 am (9167) -1155- TAXPAYER OF~CE OF THE CITY ATTORNEY · IAN R. SIEVERS, CYFY ATTORNEY Gateway to the Olympics and Home of th~ Puget Sound Na~al Shipyard May 21, 1992 Ms. Christine E. Gowdy 5920 Libby Road NE. Olympia, Washington 98506 Re: Gowdy\City of Bremerton Real Estate Transaction Dear Ms. Gowdy: Pursuant to the above-referenced real estate transaction, please find enclosed with this letter the following: 1. Original and copy of Statutory Warranty Deed between Christine E. Gowdy, as Grantor, and City of Bremerton, as Grantee; 2. Original and copy of Seller's Closing Statement; 3. Copy of Purchaser's Closing Statement; and 4. Copy of 1% Real Estate Excise Tax Affidavit. Please review the Statutory Warranty Deed and Seller's Closing Statement and if these documents meet with your approval, please execute the same and return them to our office, in the enclosed, self-addressed, stamped envelope, for processing and closing. Upon receipt of the signed Statutory Warranty Deed and Seller's Closing Statement, we will distribute the proceeds for this transaction. You may keep all enclosed copies for your records and we will forward a copy of the Deed to you with the recording number on it when we receive it back from the County Auditor. Please feel free to call me if you have any questions in this regard. Sincerely, /JACKIE R. DIXON ~egal Assistant to IAN R. SIEVERS Enclosures: as cited cc/w/enc: Kathleen McCluskey, Administrative Services Director/ William Duffy, Utilities Director Joe Johnson, Reid Realty ~9 4TH ~REET · BREMERTON, WA 9~10 · (2~) 47~45 nay 25, 1992 Ms. Jackie Dixon: Thank you for your May 21st letter regarding the property ~ransaction. I am returning the original documents signed. ~owever, I have signed these documents with the understanding that the cash proceeds payable to seller at closing will actually be $11,958.12 rather then the figure stated on the closing statement. This $1,000 difference is the earnest money that you have already paid. It is my understanding in talking with Sharon Hill (my Realtor) that since they have this $1,000 in their trust account, you will reimburse them their additional $350 for their commission (for a total of $1.350) so that they do not also have to send me a check. If this arrangement is different then what you anticipate, please give me a call at (206) 352-1733; or if you need to reach me on Wednesday call (206) 754-6320. Please do not file any ~ocuments until we have a common understanding of the fun~ transfer arrangement. It seems to me the above scenario is the least confusing since this closing is not going through escrow. If possible, I would prefer you sent me a cashiers check as would happen at most escrow closings. Than~k you for your assistance in this matter. I have ~iscussed the above arrangement with Ms. Hill and she was in agreement.