Listed by Windermere RE Bainbridge, Bought with Windermere RE Bainbridge
NOT LISTED FOR SALE

12043 Arrow Point Loop NE Bainbridge Island, WA 98110

Estimated Value: $1,939,000 - $3,697,426

1 Bed
1 Bath
960 Sq Ft
$2,657/Sq Ft Est. Value

Last Sold November 18, 2014

Last sale price $960,000 $1,000 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $15,280/month

146 Days on Market

About This Home

As of November 2014

Low bank wft Beach Living on West side! Level, sandy beaches to explore, majestic Olympic Mtns & brilliant sunsets.Move-in ready romantic 1BR remodel w/arch plans for your future 3 BR expansion & detached Carriage House.97' wft. 3/4 acre, drilled well, concrete bulkhead, surveyed, stunning new landscaping & exquisite finishes take your breath away: glistening cherry floors, hickory cabinets, slab granite, SS appliances, propane fireplace, slate floors & French doors to wide decks.By Appointment.

Last Agent to Sell the Property

Jan Johnson

Windermere RE Bainbridge License #43752 Listed on: 05/21/2014

Windermere RE Bainbridge

Last Buyer's Agent

Carleen Gosney

Windermere RE Bainbridge License #18032

Windermere RE Bainbridge

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM639055

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$21,090

Year Built

1924

Lot Details

0

Listing Details

  • Condition: Remodeled
  • Leased Equipment: Propane Tank
  • Sq Ft Finished: 960
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1924

Interior Features

  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplaces: 1
  • Basement: Unfinished
  • Features: Bath Off Master, Ceiling Fan(s), Double Pane/Storm Window, French Doors, Skylights, Vaulted Ceilings
  • Fireplaces: 1
  • Floor: Hardwood, Slate, Wall to Wall Carpet
  • Water Heater Location: enclosed under home-Electric

Exterior Features

  • Roof: Composition
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Lot Details: Dead End Street, Paved Street
  • Roof: Composition
  • Site Features: Cable TV, Deck, Outbuildings, Patio, Propane, RV Parking
  • View: Mountain, Ocean, Sound
  • Waterfront: Low Bank, Bulkhead, Sound, Tideland Rights
  • Waterfront Frontage: 97' on diagonal
  • Lot Topography: Brush, Garden Space, Level, Partial Slope, Terraces

Garage/Parking

  • Parking Type: Carport-Detached
  • Total Covered Spaces: 2

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air, Hot Water Recirc Pump
  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: Forced Air, Hot Water Recirc Pump
  • Power Company: PSE
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Private Well
  • Water Source: Individual Well, Private

Condo/Co-op/Association

  • HOA Fees: 5
  • HOA Fee Frequency: Annual

Schools

  • School District: BIS
  • Elementary School: Bainbridge Schools
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2014
Closed on
Nov 10, 2014
Sold by
Ream Lawrence R
Bought by
Mendenhall George Michael and Mendenhall Patricia A
Seller's Agent
Jan Johnson
Windermere RE Bainbridge
Buyer's Agent
Carleen Gosney
Windermere RE Bainbridge
List Price
$995,000
Sold Price
$960,000
Premium/Discount to List
-$35,000
-3.52%
Current Estimated Value
$2,550,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,590,475
Avg. Annual Appreciation
9.40%

Purchase Details

Closed on
Dec 16, 2009
Sold by
Ream Jean M
Bought by
Ream Lawrence R

Purchase Details

Closed on
May 18, 2007
Sold by
Vreeland Ann Penson
Bought by
Ream Lawrence R and Ream Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$844,000
Interest Rate
6.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 7, 1996
Sold by
Vreeland Allan David
Bought by
Vreeland Ann Penson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
8.37%

Purchase Details

Closed on
Sep 23, 1996
Sold by
Hanson Craig and Hanson Katherine B
Bought by
Vreeland Ann Penson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
8.37%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mendenhall George Michael $960,000 Land Title Company
Ream Lawrence R -- None Available
Ream Lawrence R $1,055,280 Pacific Nw Title
Vreeland Ann Penson -- Stewart Title
Vreeland Ann Penson $350,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ream Lawrence R $844,000
Previous Owner Vreeland Ann Penson $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2014 11/18/14 Sold $960,000 -3.5% $1,000 / Sq Ft
10/15/2014 10/15/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $995,000 -- $1,036 / 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
2026 $21,090 $2,646,290 $1,457,720 $1,188,570
2025 $21,090 $2,646,290 $1,457,720 $1,188,570
2024 $20,150 $2,646,290 $1,457,720 $1,188,570
2023 $17,046 $2,136,800 $1,166,180 $970,620
2022 $15,903 $1,697,410 $974,120 $723,290
2021 $16,667 $1,697,410 $974,120 $723,290
2020 $16,115 $1,617,920 $924,360 $693,560
2019 $14,235 $1,456,420 $824,810 $631,610
2018 $11,223 $983,280 $716,600 $266,680
2017 $10,166 $983,280 $716,600 $266,680
2016 $9,306 $853,500 $629,980 $223,520
2015 $7,623 $711,390 $571,040 $140,350
2014 -- $630,600 $504,720 $125,880
2013 -- $630,600 $504,720 $125,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM639055

Northwest Multiple Listing Service (NWMLS)

APN: 4478-000-005-02-08