$500,000
SOLD JUL 20, 2017

1528 Madrona Point Dr Bremerton, WA 98312

2 Beds
1 Bath
1,025 Sq Ft
0.33 Acres

Recently Sold

$488 Per Sq Ft

9% Below List Price

40 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Bay View
  • Deck
  • RV Access or Parking
  • Craftsman Architecture
  • Wood Flooring

About This Home

As of July 2017

Very rare find! Home on large lot on coveted Madrona Point Dr. Enjoy a saltwater lifestyle in this low bank waterfront home. This open floor plan home with Breathtaking views of Oyster Bay has been completely remodeled. Beautifully refinished original hardwood floors flow throughout, 30x40 heated garage, Low maintenance yard equals peace of mind & time to enjoy your private beach with your own boat launch. Spectacular views from the new 800sqft, cedar deck. Close to PSNS, freeway, Ferry, & Hwy3.

Last Agent to Sell the Property

Alana Bercot

Good Property Management Inc License #128339 Listed on: 05/04/2017

Last Buyer's Agent

Bonnie McVee

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1117086

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,062

Year Built

  • Built in 1957

Lot Details

  • Low Bank Waterfront Property
  • Street terminates at a dead end
  • Partially Fenced Property
  • Level Lot

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Wood Flooring
  • Bay Views

Kitchen

  • Oven or Range
  • <<microwave>>
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Attached Carport
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • West Bremerton Community

Listing and Financial Details

  • Assessor Parcel Number 16240110462003

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,062

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Craftsman
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw, Dining Room, French Doors
  • Floor Covering: Hardwood
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1025
  • Square Footage Finished: 1025

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Bay
  • Waterfront: Bank-Low

Garage/Parking

  • Parking Type: Carport-Attached, Garage-Detached, Off Street
  • Total Covered Parking: 6

Utilities

  • Heating And Cooling: Forced Air, Insert, Tankless Water Heater
  • Power Company: PUGET SOUND ENERGY
  • Sewer: Sewer Connected
  • Sewer Company: CITY OF BREMERTON
  • Water Company: CITY OF BREMERTON
  • Water Heater: LAUNDRY ROOM-ON DEMAND
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: West Bremerton

Schools

  • Elementary School: Kitsap Lake Elem
  • Middle School: Mtn View Mid
  • High School: Bremerton High
  • School District: BRM

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 14375
  • Lot Topography Vegetation: Level
  • Parcel Number: 16240110462003
  • Zoning Jurisdiction: City
  • Lot Topography: Level

Tax Info

  • Tax Amount: 3797

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2017
Closed on
Jul 18, 2017
Sold by
Bercot Jason N and Bercot Alana M
Bought by
Schuessler Donald and Schuessler Rachel
Seller's Agent
Alana Bercot
Good Property Management Inc
Buyer's Agent
Bonnie McVee
Coldwell Banker Bain
List Price
$549,950
Sold Price
$500,000
Premium/Discount to List
-$49,950
-9.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%
Original Mortgage
$400,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2013
Sold by
Hopper Ernest C and Hopper Valerie J
Bought by
Bercot Jason N and Bercot Alana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,838
Interest Rate
4.23%
Mortgage Type
FHA

Purchase Details

Closed on
May 12, 1998
Sold by
Breland Ocie and Breland Norma
Bought by
Hopper Ernest C and Hopper Valerie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.13%

Purchase Details

Closed on
Dec 16, 1997
Sold by
Whitnah Kenneth R
Bought by
Breland Ocie and Breland Norma
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 $500,000 Pacific Northwest Title
Warranty Deed $230,280 Pacific Northwest Title Silv
Warranty Deed $240,000 Land Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $395,700 Construction
Closed $50,000 New Conventional
Closed $400,000 New Conventional
Previous Owner $288,000 New Conventional
Previous Owner $288,000 New Conventional
Previous Owner $258,838 FHA
Previous Owner $216,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $899,000 +79.8% $877 / Sq Ft
07/20/2017 07/20/17 Sold $500,000 -3.7% $488 / Sq Ft
06/14/2017 06/14/17 Pending -- -- --
06/09/2017 06/09/17 Price Changed $519,000 -3.0% $506 / Sq Ft
06/02/2017 06/02/17 Price Changed $534,950 -2.7% $522 / Sq Ft
05/04/2017 05/04/17 For Sale $549,950 -- $537 / 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 $5,062 $573,920 $329,040 $244,880
2024 $4,885 $573,920 $329,040 $244,880
2023 $5,049 $573,920 $329,040 $244,880
2022 $4,835 $494,070 $278,850 $215,220
2021 $4,228 $395,500 $234,250 $161,250
2020 $4,062 $379,660 $223,390 $156,270
2019 $3,612 $349,760 $202,730 $147,030
2018 $4,136 $290,230 $167,140 $123,090
2017 $3,799 $290,230 $167,140 $123,090
2016 $3,771 $272,690 $154,760 $117,930
2015 $3,279 $235,910 $141,990 $93,920
2014 -- $331,700 $146,110 $185,590
2013 -- $331,700 $146,110 $185,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1117086

Northwest Multiple Listing Service (NWMLS)

APN: 162401-1-046-2003