Listed by Windermere RE Bainbridge, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

194 Knechtel Way NE Bainbridge Island, WA 98110

Estimated Value: $298,000 - $430,000

1 Bed
1 Bath
693 Sq Ft
8,712 Sq Ft Lot

Last Sold August 25, 2014

Last sale price $115,000 $166 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $2,002/month

5 Days on Market

Highlights

  • Green Roof
  • Bainbridge High School Rated A
  • Modern Architecture

About This Home

As of August 2014

This is the lower unit of the Sparrows, an affordable, contemporary modular design condo with great in-town location close to Winslow and convenient to the ferry. Tucked just off Knechtel Way, this home is part of the Housing Resources Board Community Land Trust (CLT) and overlooks the sunny Co-Housing gardens. Buyer must be 'income eligible (120% or less of Kitsap County Median Income) & interested in preserving affordability at resale.

Last Agent to Sell the Property

Carleen Gosney

Windermere RE Bainbridge License #18032 Listed on: 04/09/2014

Windermere RE Bainbridge

Last Buyer's Agent

Kathy Berndtson

John L. Scott, Inc. License #21000123

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM612390

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,877

Year Built

  • Built in 2007

Lot Details

  • 8,712

Home Design

  • Modern Architecture
  • Flat Roof Shape
  • Vinyl Construction Material

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • Uncovered Parking
  • Off-Street Parking

Additional Features

  • 2-Story Property
  • Green Roof

Listing and Financial Details

  • Assessor Parcel Number 82000000010000

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,877

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: Condo (1 Level)
  • Architecture: Modern
  • Entrance Level: Main
  • Unit Floor Number: 1
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Living Room: Main
  • Estimated Sq Ft: 693

Exterior Features

  • Exterior: Metal/Vinyl
  • Roof: Flat, Green (Living)

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Off Street, Uncovered

Utilities

  • Heating And Cooling: Central A/C, Wall, Ductless Hp-Mini Split
  • Water Heater: Electric

Condo/Co-op/Association

  • Numberof Units in Building: 2
  • Numberof Units In Complex: 2
  • HOA Fees: 226
  • Cats And Dogs: Subj To Restrictions
  • Common Property Features: Outside Entry
  • Home Owner Dues Included: Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: End Unit, Ground Floor, Insulated Windows

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Woodward Mid
  • High School: Bainbridge Isl
  • School District: BIS

Lot Info

  • Lot Details: Paved Street
  • Parcel Number: 82000000010000

Tax Info

  • Tax Amount: 793

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2014
Closed on
Aug 22, 2014
Sold by
The Housing Resources Board
Bought by
Masters Scott C
Seller's Agent
Carleen Gosney
Windermere RE Bainbridge
Buyer's Agent
Kathy Berndtson
John L. Scott, Inc.
List Price
$115,000
Sold Price
$115,000
Current Estimated Value
$346,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,889
Avg. Annual Appreciation
10.44%
Original Mortgage
$109,250
Outstanding Balance
$83,334
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$263,555
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
Masters Scott C $115,000 Pacific Northwest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masters Scott C $109,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2014 08/25/14 Sold $115,000 0.0% $166 / Sq Ft
04/15/2014 04/15/14 Pending -- -- --
04/09/2014 04/09/14 For Sale $115,000 -- $166 / 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 $1,877 $207,010 -- $207,010
2025 $1,877 $207,010 -- $207,010
2024 $1,796 $207,010 -- $207,010
2023 $1,857 $207,010 $0 $207,010
2022 $1,797 $172,090 $0 $172,090
2021 $1,758 $160,840 $0 $160,840
2020 $1,690 $151,840 $0 $151,840
2019 $192 $142,280 $0 $142,280
2018 $186 $109,660 $0 $109,660
2017 $171 $109,660 $0 $109,660
2016 $149 $105,670 $42,460 $63,210
2015 $1,118 $92,260 $37,090 $55,170
2014 -- $85,280 $37,090 $48,190
2013 -- $79,700 $34,650 $45,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM612390

Northwest Multiple Listing Service (NWMLS)

APN: 8200-000-001-00-00