$2,575,000
SOLD MAY 26, 2017

11700 Arrow Point Dr NE Bainbridge Island, WA 98110

3 Beds
3 Baths
3,644 Sq Ft
6 Acres

Recently Sold

$707 Per Sq Ft

20% Below List Price

179 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Deck
  • Bainbridge High School Rated A
  • Bay View
  • Secluded Lot

About This Home

As of December 2024

Rare opportunity to own 6 acre estate on pristine Manzanita Bay. Two tax parcels with 213' of bulk-headed low bank waterfront w/tidelands. Easy access to private deep water dock w/40' float for all season moorage. Winding private drive through majestic forest to a 3644' three bedroom custom home built in 1991 w/wonderful floor plan, high ceilings, expansive windows & oversize 3 car garage. Enjoy clamming on your beach, wildlife watching, swimming, & kayaking. Very quiet, secluded & private.

Last Agent to Sell the Property

Eileen Black

John L. Scott, Inc. License #78692 Listed on: 10/27/2016

John L. Scott, Inc.

Last Buyer's Agent

Beth Billington

Coldwell Banker Bain License #18022

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1045887

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,568

Year Built

  • Built in 1991

Lot Details

  • Low Bank Waterfront Property
  • Property Fronts a Bay or Harbor
  • Street terminates at a dead end
  • Gated Home
  • Secluded Lot
  • Sloped Lot
  • Wooded Lot
  • Drought Tolerant Landscaping

Parking

  • Attached Garage

Property Views

  • Bay
  • Territorial

Home Design

  • Poured Concrete
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace

Kitchen

  • Double Oven
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Bulkhead
  • Docks
  • Deck
  • Gazebo
  • Outbuilding

Utilities

  • Propane
  • Private Water Source
  • Well
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Manzanita Community

Listing and Financial Details

  • Assessor Parcel Number 08250240242001

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,568

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Homebuilder: Hepenstall
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wired For Generator, Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Jetted Tub, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Bathrooms: 3.00
  • Bathrooms Main: Main
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 2
  • Main Half Bathrooms: 2
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3644
  • Square Footage Finished: 3644

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Cedar Shake
  • View: Bay, Territorial
  • Waterfront: Bank-Low, Bank-Medium, Bay, Bulkhead
  • Waterfront Frontage: 213'

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Forced Air, Stove/Free Standing, 90%+ High Efficiency, Hot Water Recirc Pump
  • Power Company: Puget Sound Energy
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Water Heater: Garage-Propane
  • Water Source: Individual Well, Private

Condo/Co-op/Association

  • Community Name: Manzanita

Schools

  • Elementary School: Bainbridge Schools
  • Middle School: Woodward Mid
  • High School: Bainbridge Isl
  • School District: BIS

Lot Info

  • Lot Details: Dead End Street, Drought Res Landscpe, Paved Street, Secluded
  • Lot Sq Ft: 271397
  • Lot Topography Vegetation: Sloped, Wooded
  • Parcel Number: 08250240242001
  • Zoning Code: R-1
  • Zoning Jurisdiction: City
  • Lot Topography: Sloped, Wooded

Tax Info

  • Tax Amount: 22348

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2024
Closed on
Dec 18, 2024
Sold by
Srinivasan Family Revocable Trust and Subramanian Srinivasan
Bought by
A11 Llc
Seller's Agent
Matthew Paige
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Matthew Paige
Realogics Sotheby's Int'l Rlty
List Price
$4,242,000
Sold Price
$4,050,000
Premium/Discount to List
-$192,000
-4.53%
Views
27
Current Estimated Value
$3,551,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$498,374
Avg. Annual Appreciation
-21.09%
Original Mortgage
$3,037,500
Outstanding Balance
$3,029,671
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$467,303

Purchase Details

Closed on
Apr 8, 2022
Sold by
Subramanian and Sangeetha
Bought by
Srinivasan Family Revocable Trust

Purchase Details

Listed on
Oct 27, 2016
Closed on
May 23, 2017
Sold by
Pace Gene A and Peace Nancy Lou
Bought by
Subramanian Srinivasan and Suryanarayanan Sangeetha
Seller's Agent
Eileen Black
John L. Scott, Inc.
Buyer's Agent
Beth Billington
Coldwell Banker Bain
List Price
$3,200,000
Sold Price
$2,575,000
Premium/Discount to List
-$625,000
-19.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.80%
Original Mortgage
$1,775,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $4,050,000 Aegis Land Title
Warranty Deed $4,050,000 Aegis Land Title
Warranty Deed $313 None Listed On Document
Warranty Deed -- Chicagp Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,037,500 New Conventional
Closed $3,037,500 New Conventional
Previous Owner $1,775,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $4,050,000 -4.5% $1,111 / Sq Ft
11/06/2024 11/06/24 Pending -- -- --
08/27/2024 08/27/24 For Sale $4,242,000 +64.7% $1,164 / Sq Ft
05/26/2017 05/26/17 Sold $2,575,000 -14.0% $707 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
03/08/2017 03/08/17 Price Changed $2,995,000 -6.4% $822 / Sq Ft
10/27/2016 10/27/16 For Sale $3,200,000 -- $878 / 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 $24,568 $3,087,880 $1,412,720 $1,675,160
2024 $23,473 $3,087,880 $1,412,720 $1,675,160
2023 $19,788 $2,485,150 $1,130,180 $1,354,970
2022 $18,388 $1,966,190 $1,008,650 $957,540
2021 $19,275 $1,966,190 $1,008,650 $957,540
2020 $18,627 $1,873,260 $957,110 $916,150
2019 $16,390 $1,679,900 $854,050 $825,850
2018 $16,733 $1,464,270 $736,240 $728,030
2017 $15,056 $1,464,270 $736,240 $728,030
2016 $15,541 $1,434,570 $790,700 $643,870
2015 $13,921 $1,310,770 $716,720 $594,050
2014 -- $1,167,050 $633,490 $533,560
2013 -- $1,167,050 $633,490 $533,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1045887

Northwest Multiple Listing Service (NWMLS)

APN: 082502-4-024-2001