Listed by Realogics Sotheby's Int'l Rlty, Bought with Windermere Real Estate Midtown
NOT LISTED FOR SALE

203 Madrona Way NE Unit 4F Bainbridge Island, WA 98110

Estimated Value: $882,000 - $969,000

3 Beds
3.5 Baths
1,581 Sq Ft
$587/Sq Ft Est. Value

Last Sold October 07, 2024

Last sale price $930,000 $588 Per Sq Ft

Current estimated payment $5,962/month

34 Days on Market

Highlights

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

About This Home

As of October 2024

Discover the pinnacle of modern living in this stunning townhome, masterfully constructed with Insulating Concrete Forms (ICF). Experience energy efficiency, sound insulation, and unparalleled durability in this contemporary gem. This 3-bedroom townhome is in a fabulous location! Nestled in Madrona Way with easy trail & sidewalk access to parks, schools, shopping, dining, and the ferry. #4F is a 3-bedroom: 2 bedrooms with private baths on 2nd floor plus a studio with a private entry on the main. Features include wide-plank rustic pine wood floors & a modern spacious kitchen with quartz counters & SS appliances. Covered deck extends the living space & faces west, capturing the evening sun. Can be used for short-term rentals!

Last Agent to Sell the Property

Jennifer Saez

Realogics Sotheby's Int'l Rlty License #86600 Listed on: 08/23/2024

Realogics Sotheby's Int'l Rlty

Co-Listed By

Beverly French

Better Properties Bainbridge License #18976

Last Buyer's Agent

Nahjeen Shirazi-Wu

Windermere Real Estate Midtown License #124416

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2280912

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,982

Year Built

  • Built in 2018

Lot Details

  • 1,742 Sq Ft Lot
  • Street terminates at a dead end
  • East Facing Home
  • Partially Fenced Property
  • Brush Vegetation
  • Sprinkler System
  • Wooded Lot
  • Garden
  • Property is in very good condition

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

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

Interior Spaces

  • 1,581 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Territorial Views

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Home Security

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

Listing and Financial Details

  • Tax Lot 004
  • Assessor Parcel Number 56440000040007

Community Details

Overview

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

Recreation

  • Trails

Security

  • Storm Windows

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,982

Year Built

Built in 2018

Lot Details

0

HOA Fees

$500 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 32 - Townhouse
  • Year Built: 2018
  • Buyer Agency Compensation: 3.0
  • 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 Townhomes
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1581
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: false
  • Special Features: None

Interior Features

  • Basement: None
  • Appliances: Dishwasher(s), Dryer(s), Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Concrete, See Remarks, Vinyl, Carpet
  • Interior Amenities: Concrete, Double Pane/Storm Window, High Tech Cabling, Sprinkler System, Vaulted Ceiling(s), Wall to Wall Carpet, Water Heater
  • Living Area: 1581
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • BathsFullMain: 0
  • SquareFootageFinished: 1581
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 1
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Refrigerator(s),Stove(s)/Range(s),Washer(s)

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Off Street
  • Total Parking Spaces: 1

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: PSE
  • SewerCompany: COBI
  • WaterCompany: COBI
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric
  • CableConnected: none
  • InternetConnected: Net 253

Condo/Co-op/Association

  • Community Features: CCRs, Trail(s)
  • Senior Community: No
  • Association Fee: 500
  • 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: 56440000040007
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.04
  • Lot Size Sq Ft: 1742
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • LotNumber: 004

Green Features

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

Rental Info

  • ShortTermRentalYN: true

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5982

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Oct 1, 2024
Sold by
M E B S Llc
Bought by
Quinto Corporation
Seller's Agent
Jennifer Saez
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Nahjeen Shirazi-Wu
Windermere Real Estate Midtown
List Price
$939,000
Sold Price
$930,000
Premium/Discount to List
-$9,000
-0.96%
Views
12
Current Estimated Value
$928,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,829
Avg. Annual Appreciation
-0.20%
Source: Public Records

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 Buyer Sale Price Title Company
Quinto Corporation $930,000 Pacific Northwest Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2024 10/07/24 Sold $930,000 -1.0% $588 / Sq Ft
09/26/2024 09/26/24 Pending -- -- --
08/23/2024 08/23/24 For Sale $939,000 -- $594 / 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 $6,262 $788,780 $261,330 $527,450
2025 $6,262 $794,760 $261,330 $533,430
2024 $5,982 $794,760 $261,330 $533,430
2023 $6,257 $794,760 $261,330 $533,430
2022 $7,081 $765,560 $222,370 $543,190
2021 $6,948 $715,900 $208,210 $507,690
2020 $6,655 $676,170 $196,880 $479,290
2019 $2,661 $275,770 $147,300 $128,470
2018 $1,410 $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: 2280912

Northwest Multiple Listing Service (NWMLS)

APN: 5644-000-004-00-07