Listed by Realogics Sotheby's Int'l Rlty, Bought with Realogics Sotheby's Int'l Rlty
$665,000
SOLD OCT 24, 2024

203 Madrona Way NE Unit 1F Bainbridge Island, WA 98110

1 Bed
2 Baths
1,002 Sq Ft
871 Sq Ft Lot

Recently Sold

$664 Per Sq Ft

3% Below List Price

Highlights

  • Deck
  • Property is near public transit
  • Vaulted Ceiling
  • Bainbridge High School Rated A
  • Territorial View
  • 4-minute walk to Winslow Green

About This Home

As of October 2024

This Modern ICF build by award-winning Clark Construction, offers a flexible floor plan featuring urban design finishes & convenient in-town living. Unit #1F is a 1-bedroom townhome plus studio/office/guest space with private entry. The Townhome is two stories & features wide-planked rustic pine floors & a modern, spacious kitchen with quartz counters & stainless steel appliances. Balcony off of Great Room overlooks green space with western exposure. The studio includes a 3/4 bath & washer/dryer. Fenced, private patio. This flexible space creates so many opportunities including use as a short term rental! Equipped with Fiber Optic technology & solar ready. Includes reserved parking space. 5-10 minute stroll to Winslow and the ferry!

Last Agent to Sell the Property

Jennifer Saez

Realogics Sotheby's Int'l Rlty License #86600 Listed on: 06/14/2024

Realogics Sotheby's Int'l Rlty

Co-Listed By

Beverly French

Better Properties Bainbridge License #18976

Last Buyer's Agent

Laurel Powell

Realogics Sotheby's Int'l Rlty License #110789

Realogics Sotheby's Int'l Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2251298

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,029

Year Built

  • Built in 2018

Lot Details

  • 871 Sq Ft Lot
  • Street terminates at a dead end
  • North Facing Home
  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Garden
  • Property is in very good condition

HOA Fees

  • $337 Monthly HOA Fees

Home Design

  • Modern Architecture
  • Slab Foundation
  • Insulated Concrete Forms
  • Composition Roof

Interior Spaces

  • 1,002 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Territorial Views
  • Storm Windows

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Concrete

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Woodward Mid Middle School
  • Bainbridge Isl High School

Utilities

  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • Water Heater
  • High Speed Internet
  • High Tech Cabling

Community Details

  • Rachele Turnbull Association
  • Secondary HOA Phone (206) 276-2940
  • Built by Clark Construction LLC
  • Bainbridge Island Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,029

Year Built

Built in 2018

Lot Details

0

HOA Fees

$337 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 15 - Multi Level
  • Year Built: 2018
  • Buyer Agency Compensation: 3
  • Inclusions: Dishwasher(s),Dryer(s),Garbage Disposal,LeasedEquipment,Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Modern
  • Building Name: Madrona End Blocks
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1002
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2251298?w=Consumer&agent=53601
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Appliances: Dishwasher(s), Dryer(s), Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 1
  • Entry Location: Upper (2nd Floor)
  • Fireplace: No
  • Flooring: Concrete, Softwood, Carpet
  • Interior Amenities: Bath Off Primary, Concrete, Double Pane/Storm Window, Fir/Softwood, High Tech Cabling, Vaulted Ceiling(s), Wall to Wall Carpet, Water Heater
  • Living Area: 1002
  • Main Level Bathrooms: 1
  • Bathrooms: 1.5
  • BathsFullMain: 0
  • SquareFootageFinished: 1002
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 1
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • NWM_NumberOfBathtubs: 0
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Curbs, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Builder Name: Clark Construction LLC
  • Direction Faces: North
  • Exterior Features: Cement/Concrete
  • Foundation Details: Slab
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true
  • ConstructionMethods: Insulated Concrete Form (ICF)

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Driveway, Off Street

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: Baseboard, Ductless HP-Mini Split
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Bainbridge Island
  • WaterCompany: City of Bainbridge Island
  • WaterHeaterLocation: lower level closet
  • WaterHeaterType: electric
  • InternetConnected: Net253

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 337
  • Association Fee Frequency: Monthly
  • Phone: 206-276-2940
  • Association: Yes
  • Common Interest: Residential
  • AssociationContactName: Rachele Turnbull

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Bainbridge Island
  • High School: Bainbridge Isl
  • Middle Or Junior School: Woodward Mid

Lot Info

  • Parcel Number: 56440000010000
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.02
  • Lot Size Sq Ft: 871
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Builder/Developer
  • ZoningJurisdiction: City
  • LotNumber: 1

Green Features

  • Efficiency: Insulated Concrete Form (ICF)
  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: true

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5029

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Oct 23, 2024
Sold by
M E B S Llc
Bought by
Williams Joseph David and Williams Alexandria Brooke
Seller's Agent
Jennifer Saez
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Laurel Powell
Realogics Sotheby's Int'l Rlty
List Price
$685,000
Sold Price
$665,000
Premium/Discount to List
-$20,000
-2.92%
Views
111
Current Estimated Value
$690,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,316
Avg. Annual Appreciation
4.10%
Original Mortgage
$532,000
Outstanding Balance
$526,247
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$164,069

Purchase Details

Closed on
Nov 27, 2017
Sold by
Kitsap County Sheriff
Bought by
M E B S Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
3.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $665,000 Pacific Northwest Title
Sheriffs Deed -- Pacific Northwest Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $532,000 New Conventional
Previous Owner $367,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2024 10/24/24 Sold $665,000 0.0% $664 / Sq Ft
09/27/2024 09/27/24 Pending -- -- --
08/11/2024 08/11/24 Price Changed $665,000 -2.9% $664 / Sq Ft
06/14/2024 06/14/24 For Sale $685,000 -- $684 / 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 $5,261 $603,730 $259,780 $343,950
2025 $5,261 $636,720 $259,780 $376,940
2024 $5,029 $636,720 $259,780 $376,940
2023 $5,239 $636,720 $259,780 $376,940
2022 $5,610 $584,420 $211,750 $372,670
2021 $5,500 $546,580 $198,270 $348,310
2020 $5,276 $516,310 $187,480 $328,830
2019 $2,892 $201,200 $140,270 $60,930
2018 $2,263 $0 $0 $0
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2251298

Northwest Multiple Listing Service (NWMLS)

APN: 5644-000-001-00-00