Listed by Coldwell Banker Bain, Bought with Realogics Sotheby's Int'l Rlty
NOT LISTED FOR SALE

1045 Madison Ave N Unit 1045 Bainbridge Island, WA 98110

Estimated Value: $516,000 - $572,000

2 Beds
2.5 Baths
1,240 Sq Ft
$441/Sq Ft Est. Value

Last Sold August 05, 2024

Last sale price $513,500 $414 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,813/month

42 Days on Market

Highlights

  • Property is near public transit
  • Territorial View
  • Private Yard
  • Bainbridge High School Rated A
  • Engineered Wood Flooring
  • Community Garden

About This Home

As of August 2024

Spacious, bright and quiet condo close to schools and shops, only a half-mile from downtown Bainbridge! Spread over two floors, this condo lives like a house. On the main floor, the great room connects the kitchen, dining, and living areas for easy entertaining. Relax by the wood-burning fireplace or enjoy the sound of the birds on your private patio. The common gardens are maintained by a professional team, included in your dues. For the ultimate in privacy, two generous bedrooms upstairs each have a large closet and dedicated bathroom. The primary bathroom is en suite with a shower and the second bathroom has a tub/shower combo. The secondary bedroom has a perfect desk nook. New carpet and paint throughout and freshly remodeled bathrooms!

Last Agent to Sell the Property

Suzanne Miller

Coldwell Banker Bain License #127721 Listed on: 06/11/2024

Coldwell Banker Bain

Last Buyer's Agent

Adam Foley

Realogics Sotheby's Int'l Rlty License #23013056

Realogics Sotheby's Int'l Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2248875

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,154

Year Built

  • Built in 1991

Lot Details

  • East Facing Home
  • Private Yard
  • Yard

HOA Fees

  • $475 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Uncovered Parking
  • Off-Street Parking

Home Design

  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1,240 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Insulated Windows
  • Territorial Views

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit

Schools

  • Bainbridge Schools Elementary School
  • Bainbridge Isl High School

Utilities

  • Heating System Mounted To A Wall or Window
  • Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, garbage, lawn service, road maintenance, sewer, water
  • 11 Units
  • Susan Najarian Association
  • Secondary HOA Phone (206) 890-8936
  • Madison Park Condos
  • Winslow Subdivision
  • Park Phone (206) 890-8936 | Manager Susan Najarian

Amenities

  • Community Garden

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,154

Year Built

Built in 1991

Lot Details

0

HOA Fees

$475 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 1991
  • Buyer Agency Compensation: 3
  • Inclusions: Dishwashers,Dryers,GarbageDisposal,Microwaves,Refrigerators,StovesRanges,Washers
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Townhouse
  • Building Name: Madison Park
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1240
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,Insulated Windows,Primary Bath,Skylights,Yard
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2248875?w=Consumer&agent=112080
  • Special Features: None
  • Cumulative Days on Market: 426

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher(s), Dryer(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Engineered Hardwood, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Balcony/Deck/Patio, Yard, Cooking-Electric, Dryer-Electric, Washer, Fireplace, Water Heater
  • Main Level Bathrooms: 1
  • Stories: 2
  • Bathrooms: 2.25
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • WindowCoverings: yes
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Cement Planked
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Individual Garage, Off Street, Uncovered
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 1045

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Garden Space
  • Park Manager Name: Susan Najarian
  • Park Manager Phone: 206-890-8936
  • Senior Community: No
  • Association Fee: 475
  • Association Fee Frequency: Monthly
  • Phone: 206-890-8936
  • Association: Yes
  • Pets Allowed: See Remarks, Subj to Restrictions
  • AssociationContactName: Susan Najarian
  • CoOp: false
  • CommonPropertyFeatures: Garden Space

Fee Information

  • Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Garbage, Lawn Service, Road Maintenance, Sewer, Water
  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Bainbridge Island
  • High School: Bainbridge Isl
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 80760020040004
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: County Tax Records

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric, Wood

Rental Info

  • RentalCap: At or above Rental Cap (See Remarks)
  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4154

Multi Family

  • Number Of Units In Community: 11
  • EnergySource: Electric,Wood
  • UnitsInBuildingTotal: 5

MLS Schools

  • Elementary School: Bainbridge Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Aug 1, 2024
Sold by
Campbell Paul M and Campbell Jennifer R
Bought by
Robinson Ellen and Robinson Thomas
Seller's Agent
Suzanne Miller
Coldwell Banker Bain
Buyer's Agent
Adam Foley
Realogics Sotheby's Int'l Rlty
List Price
$535,000
Sold Price
$513,500
Premium/Discount to List
-$21,500
-4.02%
Views
36
Current Estimated Value
$546,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,777
Avg. Annual Appreciation
6.07%
Original Mortgage
$200,000
Outstanding Balance
$198,063
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$348,214

Purchase Details

Listed on
Sep 7, 2016
Closed on
Sep 28, 2016
Sold by
Meyers Brian Richardson
Bought by
Campbell Paul M and Campbell Jennifer R
Seller's Agent
Cheryl Mauer
Windermere RE Bainbridge
Buyer's Agent
Rob Avery
Coldwell Banker Bain
List Price
$328,000
Sold Price
$330,000
Premium/Discount to List
$2,000
0.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%

Purchase Details

Listed on
Apr 30, 2014
Closed on
Jun 9, 2014
Sold by
Brown Phillip M and Hoffpauir Angie L
Bought by
Meyers Brian Richardson
Seller's Agent
Gary Marcy
Johansson Clark Real Estate
Buyer's Agent
Julie Bray-Larsen
Windermere RE West Sound Inc.
List Price
$239,900
Sold Price
$240,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.78%
Original Mortgage
$215,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2005
Sold by
Brown Philip M and Rice Angie H
Bought by
Brown Philip M and Hoffpauir Angie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.58%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 3, 2003
Sold by
Holbert Susan D and Holbert Harry
Bought by
Brown Phillip M and Rice Angie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.22%
Mortgage Type
Unknown

Purchase Details

Closed on
May 1, 2003
Sold by
Holbert Harry F
Bought by
Holbert Susan D

Purchase Details

Closed on
Oct 14, 1998
Sold by
Ward Sandra G
Bought by
Holbert Harry F and Holbert Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
6.79%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Robinson Ellen $513,500 Aegis Land Title
Campbell Paul M $383,922 Land Title
Meyers Brian Richardson $240,280 Land Title Company
Brown Philip M -- Stewart Title Of Kitsap C
Brown Phillip M $175,000 Transnation Title Ins Co
Holbert Susan D -- --
Holbert Harry F $133,000 Pacific Northwest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Ellen $200,000
Previous Owner Meyers Brian Richardson $211,683
Previous Owner Meyers Brian Richardson $215,000
Previous Owner Brown Philip M $204,000
Previous Owner Brown Phillip M $140,000
Previous Owner Holbert Harry F $106,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2024 08/05/24 Sold $513,500 -4.0% $414 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
06/11/2024 06/11/24 For Sale $535,000 +62.1% $431 / Sq Ft
10/06/2016 10/06/16 Sold $330,000 +0.6% $266 / Sq Ft
09/11/2016 09/11/16 Pending -- -- --
09/07/2016 09/07/16 For Sale $328,000 +36.7% $265 / Sq Ft
06/17/2014 06/17/14 Sold $240,000 0.0% $194 / Sq Ft
05/03/2014 05/03/14 Pending -- -- --
04/30/2014 04/30/14 For Sale $239,900 -- $193 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,345 $520,400 -- $520,400
2024 $4,154 $520,400 -- $520,400
2023 $3,641 $433,670 $0 $433,670
2022 $4,025 $413,020 $0 $413,020
2021 $3,840 $375,470 $0 $375,470
2020 $3,554 $341,340 $0 $341,340
2019 $3,184 $310,310 $0 $310,310
2018 $3,235 $217,000 $0 $217,000
2017 $2,377 $217,000 $0 $217,000
2016 $2,024 $174,750 $0 $174,750
2015 $1,745 $151,960 $0 $151,960
2014 -- $144,720 $0 $144,720
2013 -- $192,960 $0 $192,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2248875

Northwest Multiple Listing Service (NWMLS)

APN: 8076-002-004-00-04