HomeMy WebLinkAbout9610030014Filed for Record at Request of:
When Recorded Return to: KITSAPCOUNTY
TRANSACTION EXCISE TAX
Name Bremerton City Clerk
PAID $£P 19 1996
Address 239 Fourth Street
Bremerton. Washington ~337 COU~~
1315 ~ster Bay- Campbell
STATUTORY WAR~NTY DEED
(For Use in the State of Washington Only)
THE G~NTOR, ANNETTE SUE C~PBELL, as her separate property,
for and in consideration of good and valuable consideration,
conveys and warrants to the CITY OF BREMERTON, a municipal
corporation, the following described.K~! estate, situated in the
County of Kitsap, State of Washingto~[[~= ~LL[~
LOT(S) 9, 10, 11, BLOCK 2, OLE HANSON'S NAVY YARD
ADDITION, ACCORDING TO THE PLAT RECORDED IN VOL~E 4 OF
P~TS, PAGE(S) 56, RECORDS OF KITSAP COUNTY, WASHINGTON;
EXCEPT THE WESTERLY 10 FEET TH~EOF FOR JONES STREET.
KIT~ C~
On t~is ~ate, be~ol'e me, the undersigned, a Notary 2ublic
a~d ~o~ t~e State o~ Washington, dui~ commissioned and s~o~n,
individual described in and ~ho executed the ~ithin and ~o~egoing
instrument, and acknowledged that she signed the same as her free
and voluntary act and deed, for the uses and purposes
mentioned. ' '
,~otar~ Pubixc xp ~nd for ~he S~a%e...~f~ ..-
~ashtnaton, res/dxnq at Porg
My appo/ntment expzres: ~0/29/98.
STA~U~ORY WAR~NTY DEED
REAL ESTATE PURCHASE AND SALE AGREEMENT
Improved Property
THIS CONTRACT CONTROLS THE TERMS OF THE SALE OF THE
PROPERTY. READ CAREFULLY BEFORE SIGNING.
THE CITY OF BREMERTON, a Washington municipal corporation,
(hereinafter called "Purchaser") hereby agrees to purchase and the
undersigned Sellers hereby agree to sell the following described
real estate located in the City of Bremerton, County of Kitsap,
commonly known as 1315 OYSTER BAY AVENUE. BREMERTON. WA, and
legally described as follows:
TAX ID NUMBER: 4546-002-009-0000
HANSONS OLE NAVY YARD ADDN LOTS 9,10, AND 11, BLOCK 2 OLE
HANSON'S NAVY YARD ADDITION, ACCORDING TO PLAT THEREOF
RECORDED IN VOLUME 4 OF PLATS, PAGE 56, IN KITSAP COUNTY,
WASHINGTON; EXCEPT THE WESTERLY 10 FEET THEREOF FOR ROADS
1. PURCSEH~:
The total purchase price is EIGHTY THOUSAND
Dollars ($80.000.00).
2. CONDITION OF TITLE:
The title is to be free of all encumbrances or defects except:
Rights reserved in federal patents or state deeds,
building or use restrictions general to the area,
existing easements not inconsistent with Purchaser's
intended use, and building or zoning regulations or
provisions shall not be deemed encumbrances or defects.
Encumbrances to be discharged by Sellers may be paid out
of purchase money at date of closing.
3 TITLE INSURANCE:
Sellers shall furnish to Purchaser a Washington Land Title
Association Standard Form Owner's or Purchaser's Policy of Title
Insurance in the amount of the purchase price. Sellers authorize
the City Attorney to apply as soon as practical for such title
insurance, and as soon as reasonably possible, Purchaser shall be
furnished a preliminary commitment therefor issued by Land Title
Company. (The Sellers shall assume any cancellation fee of such
commitment or policy.) The title policy to be issued shall contain
no exceptions other than those provided in said standard form plus
encumbrances or defects noted in paragraph i above. If title is
REAL ESTATE PURCHASE AND SALE AGREEMENT -1-
RE~A.A~ -A~mt~orss-3/15/95
not so insurable as above provided and cannot be made so insurable
by the termination date set forth herein, this agreement shall
terminate; provided, however, that Purchaser may waive defects in
writing and elect to purchase.
4. DEFAULT:
If either party defaults (that is, fails to perform the acts
required of that party) in that party's contractual performance
herein, the non-defaulting party may seek specific performance
pursuant to the terms of this agreement, damages, or rescission.
5. PRO-RATION:
Taxes for the current year, rents, insurance, interest, water
and other utilities constituting liens shall be prorated as of date
of closing. Purchaser shall pay for remaining oil in fuel tank,
the amount to be determined by the supplier.
6. POSSESSION:
Sellers shall deliver possession to Purchaser on closing, or
days after closing. Sellers agree to pay Purchaser the sum
of $ for each day of possession beyond date of closing.
Possession shall be deemed given when Sellers have vacated the
premises and delivered the keys to same to Purchaser or to closing
agent. Said payment shall be the sole responsibility of Sellers.
7. CONDITION OF PROPERTY:
Purchaser offers to purchase the property in its present
conditions on the terms noted. Sellers hereby warrant that to the
best of their knowledge the premises described herein and the
improvements thereon do not violate the applicable building or
zoning regulations and that they are unaware of any material defect
in the premises or improvements thereon with the exception of the
following, to-wit: None.
8. TIME FOR ACCEPTANCE:
Purchaser's offer is made subject to acceptance of Sellers on
or before Twelve o'clock midnight on
9. TIME FOR CLOSING - RESPONSIBILITIES OF PARTIES:
The sale shall be closed in the office of the Bremerton City
Attorney within 45 days after preliminary commitment for title
policy is delivered showing title insurable, as above provided, but
in any event not later than the day of ,
19 , upon which date the agreement shall terminate. The
Purchaser and Sellers shall deposit with the Bremerton City
REAL ESTATE PURCHASE AND SALE AGREEMENT -2-
~PSA.A~ -A~eememtFor~-3/15/95
Attorney all instruments, documents and monies necessary to
complete the sale in accordance with this agreement.
10. CLOSING COSTS AND PRORATIONS: The Sellers agree to pay
for the costs of clearing the Sellers' title to the sale property,
including any delinquent property taxes, the owner's standard title
insurance policy, and any real estate excise tax related to the
sale property. Real estate taxes for the year of closing, and
utilities constituting liens against the property, shall be
prorated as of closing. Any assessments shall be paid by the
respective Sellers.
12. DATE OF~SING:
For purposes of this agreement, "date of closing" shall be
construed as the date upon which all appropriate documents are
recorded and proceeds of this sale are available for disbursement
to Sellers. Funds held in reserve accounts pursuant to escrow
instructions shall be deemed, for purposes of this definition, as
available for disbursement to Sellers.
12. RISK OF LOS~:
If prior to closing, improvements on said premises shall be
destroyed or materially damaged by fire or other casualty, this
agreement at option of Purchaser shall become null and void. If
Purchaser elects to continue, all insurance proceeds, if any, shall
be payable to Purchaser.
13. PERSONAL PROPERTY:
All attached floor covering, attached television antenna,
window screens,screen doors, storm windows, storm doors, plumbing
and lighting fixtures (except floor, standing, and swag lamps),
shades and venetian blinds, curtain rods, attached bathroom
fixtures, awnings, ventilating, cooling and heating systems
including build in and "drop in" ranges (but exceeding all other
ranges) and all other fixtures that are now on the premises shall
be included in the sale unless otherwise provided herein.
14. ATTO~:
If either party hereto is required to retain an attorney to
bring suit or seek arbitration to enforce any provisions of this
agreement, said party shall be entitled to reasonable attorney's
fees regardless of whether the matter proceeds to judgment or is
resolved by defaulting party curing default.
15. EN R G NT: There are no other verbal or other
agreements which modify or affect this agreement. Time is of the
REAL ESTATE PURCHASE AND SALE AGREEMENT -3-
RE~SA.A~ -A~e~tF0r~s-3/15/95
essence of this agreement. Ail subsequent modifications or waivers
of any condition of this agreement shall be in writing and signed
by the appropriate parties.
CITY OF BREMER~ON
Date LYN~ HORTON, Mayor
PURCHASER
W. EUGENE SAh~L~f, Director of Public Works & Utilities
IAN R. SIE~S, City Attorney
Purchaser's Address: Bremerton City Hall
Attention: Kathleen L. McCluskey, Clerk
239 Fourth Street
Bremerton, WA 98337
Purchaser's Phone: (360) 478-5290
On this date AUGUST 19, 1996 , we hereby approve
and accept the sale set forth in the above agreement and agree to
carry out all the terms thereof on the p~t of th~Sell~s.
fN~fTTE SUE CAMPBeLl- '/
Sellers' Address: MAILING:
ANNETTE S. CAMPBELL
P.O. BOX 4863
BRE~Eg~0N. WA. 98312
~eAAers-- Phone:
DAY: (360) 476-5231
REAL ESTATE PURCHASE AND SALE AGREEMENT -4-
~A.AGT -A~ree~e~t F0~ - 3/15/95
A true copy of the~orggoing agreement sig~e~ by Sellers is
hereby received on _~. ~/ , 19~
IAN R. SIEVERS
Bremerton City Attorney/
Agent for Purchaser
RECEIVED FOR FILING:
I~ATHLEEN L. McCLUS~EY, CITY CLERK
REAL ESTATE PURCHASE AND SALE AGREEMENT -5-
~PSA.A~T - Agreement F0z~ - 3/15/95
SELLER'S CLOSING STATEMENT
1315 OYSTER BAY, EREMERTON, WASHINGTON
SELLER= ANNETTE SUE CAMPBELL
PURCHASER= CITY OF BREMERTON
LEGAL DESCRIPTION=
LOT(S) 9, 10, 11, BLOCK 2, OLE HANSON'S NAVY YARD
ADDITION, ACCORDING TO THE PLAT RECORDED IN VOLUME 4 OF
PLATS, PAGE(S) 56, RECORDS OF KITSAP COUNTY, WASHINGTON;
EXCEPT THE WESTERLY 10 FEET THEREOF FOR JONES STREET.
AMOUNTS DUE/PAID SELLER
Total Purchase Price $80.000.00
Cash payment payable to Seller at Closing $80,000.00
REDUCED BY Seller's Closing Costs\Expenses:
Mortgage Payoff Balance
to Kitsap Federal Credit
Union (See Exhibit
attached) $23,848.24
Title Insurance Premium (Land Title Insurance
Company) 481.05
1% Real Estate Excise Tax
(1.78% - Kitsap County
Treasurer) 1,424.00
Second half Kitsap County
Property Taxes owing
for 1996 - amount shown
is amount owing from
7/1/96 through 9/13/96 -
quoted by Kathy Thompson
of the Kitsap County
Treasurer's Office
(Kitsap County Treasurer 210.52
Total Seller's Closing Costs $25,963.81 (25.963.81)
TOTAL CASH PROCEEDS PAYABLE TO SELLER AT CLOSING $54.036.19
NOTE: It is understood and agreed by all parties hereto
SELLERS' CLOSING STATEMENT --1-
CAMPBELL.SCS - West Hills Closings - ~/5/~6
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 from the party or parties
liable therefor. ~
ACCEPTED AND APPROVED this /~z~ day/~ , 1996.
A N~f~? E S UE--C~/~B EL~
SELLERS' CLOSING STATEMENT -2-
360-692-7776 K.F.C.U. SILUERDALE 512 P02 SEP 85 '96 08:55
EXHIBIT NO."
Real Estate Payoff Inquiry
Kitsap Federal Credit Union
Real Estate Department
Post Office Box 899
Silverdale, WA 98383-0899
(206) 478-22(~8
Loan number;
Payoff date: (~'~m.~. /,,~.
Interest paid through:
Principal balance due: $
Interest: $.
Late Fees: $_ -~
Current escrow balance:
Reoonveyance Fee: $
Per diem: $ ~.
Tote~ Oue: $.
Please send all Real Estate payoff inquiries direCtly to:
Silverdale Real Estate Department.
~ ~/~
PURCHASER'S CLOSING STATEMENT
1315 OYSTER BAY, BREMERTON, WASHINGTON
SELLER: ANNETTE SUE CAMPBELL
PURCHASER: CITY OF BREMERTON
LEGAL DESCRIPTION:
LOT(S) 9, 10, 11, BLOCK 2, OLE HANSON'S NAVY
YARD ADDITION, ACCORDING TO THE PLAT RECORDED
IN VOLUME 4 OF PLATS, PAGE(S) 56, RECORDS OF
KITSAP COUNTY, WASHINGTON; EXCEPT THE WESTERLY
10 FEET THEREOF FOR JONES STREET.
AMOUNTS DUE/PAID SELLER
Total Purchase Price $80.000.00
Cash payment payable to Seller at Closing $80,000.00
ADD Purchaser's Closing Costs to
Cash Payment Payable at Closing:
Recording Fee for
Statutory Warranty Deed
(Kitsap County Auditor) $8.00
Total Purchaser's Closing Costs $8.00 ~,O0
TOTAL CASH REQUIRED FROM PURCHASER TO CLOSE $80.008.00
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 omissions, they are
to be corrected. Further, if any legitimate
monetary error is discovered, it is to be assessed
and immediately collected from the party or parties
liable therefor.
ACCEPTED AND APPROVED this ~ /~day of A<~'
t, 1996.
C~'BR~'t~TON
BY: ~ ~--
IAN R. SIEVERS
Bremerton city Attorney
PURCHASER'S CLOSING STATEMENT
CAMPBELL.PCS - West Hills Closings - 9/5/Q6
PI,EASI': TYPE OR PRINT REAL ESTATE EXCISE TAX AFFIDAVIT This form is your receipt when stamped
)FI,EASE SEE REVERSE by cashier,
CHAPTER 8245 R(W - CIIAPTER 458-61 WAC
]For Use at County Treasurer's Ofhc¢
(Use Form No. 84-00~IB ibr Rclx}rting Transfers o£ Controlling Interest of Entity Owncrahip to the Dcpartmem el Revenue)
THIS AFFIDAVIT WILL NOT BE ACCEFI'ED UNLESS ALL AREAS I--7 ARE FULLY COMPLEI'ED
~j~_ff~t) ~>latc /.~p ..... City/State/Zip '%>?~qlevgOn
Namc ;*t~ of ~remertoa
~ LEGAl, DESCRIPTION OF PROPERTY SITUATED IN ] UNINCORPORATED COUNTY ~ OR IN crrY OF
Stmel Address (if property is improved): !315 ~ ~S:;'~' lay
., 10, 117 3kO~.K ;], OLE HANSON'S qAVY VARO ~n r
· ~,ORO~ag FO T .... PLAT 4 OF PLATS,
~ ..... ..... g,~ ~,:)
~, ~ECOROS Or KLTS~P t, JrTy, ~ASH['~GTO~J;
~!s dfis propc~y currcntly: YES NO ~Description of ~ngible pemonal pro~rty if included in sale (furniture,
ChaptcrClassified84.33°r dcsignatedRcw as forest land? ~ ~ app ances, e~.)
Classified as currcm use land (open space, fariii i ~
and agricukural, or fimbc0? Chapter 84.34 RCW
Exempt from p~ope~y tax as a nonprofit [ ' ~ ff exemption claimed, list WAC number and explanation.
organization? Chapter 84.36 RCW
Scllcr's Exempt Rcg. No .... WAC No. (~c/Sub)
Receiving special valuation as historic ~ ~ Explanation
property? Chapter 84.26 RCW
l'roperty Type: [] land opJy ~ land wid~ new building
~,nd wilh previously used building [J land with mobile hmnc Type of Document oL~Lu~o 0~
[unbcr ouly [ ] building oni5
l)a~ of Document i~ p [.~,a~,~p
Priuc[pal U:qe: []] Apt. (4 + mdt) X~ residential
~hnbcr 7~ agricultural I conunercla[mdushui GrossSale Price $ } ~
,~fflc~ ............. l~rsonal Property (deduct) $
Excise Tax: State $ ~
form).
(3) OWNER(SI SIGN,[I'URF:
IAN R. SIEVERS, City Attorney
239 4th Street · Bremerton, WA 98337 · (360) 478-5345 · FAX (360) 478-5161
DATE: October 4, 1996
TO: Kathleen McCluskey, Administrative Services Director
FROM: Nina Neimoyer, Office Assistan~--'p'~
RE: 1315 Oyster Bay, Bremerton, Washington Campbell/City of Bremerton Transaction
The above-referenced real estate transaction has now been closed. I have attached hereto the
following for your information and file:
1. Original Statutory Warranty Deed between Annette Sue Campbell, a single person, and City
of Bremerton, as Purchaser, together with corresponding Real Estate Excise Tax Affidavit
receipt;
2. Original Seller's Closing Statement; and
3. Original Purchaser's Closing Statement.
I will forward the title policy on this transaction to you after we receive the same from Land Title.
Please let me know if you have any questions in this regard.
Attachments: as cited
Equal Opportunity Employer
IAN R. SiEVERS, City Attorney
239 4th Street · Bremerton, WA 98337 ° (360) 47845345 ° FAX (360) 478-5161
DATE: September 5, 1996
TO: Kathleen McCluskey, Director of Administrative Services
FROM: Nina Neimoyer, Office Assistan'~,-.~K'~
RE: 1315 Oyster Bay
Annette Sue Campbell/City Of Bremerton Transaction
Please find attached hereto the Preliminary Title Insurance Policy received from Land Title
Company regarding the City's upcoming purchase of the above-referenced property. This
transaction is pursuant to that Real Estate Purchase and Sale Agreement between Annette Sue
Campbell and the City dated August 19, 1996. Closing for this transaction has been scheduled
for September 12, 1996.
Please call our office if you have any questions in this regard.
Equal Opportunity Employer