NOT LISTED FOR SALE

284 Madrona Way NE Unit 224 Bainbridge Island, WA 98110

Estimated Value: $838,000 - $916,000

3 Beds
1 Bath
1,954 Sq Ft
2000 Built

Last Sold January 14, 2021

Last sale price $675,000 $345 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,336/month

65 Days on Market

Highlights

  • Territorial View
  • Bamboo Flooring
  • 1 Fireplace
  • Bainbridge High School Rated A

About This Home

As of January 2021

Beautiful south-facing townhouse with vaulted ceilings is bathed in light. Luxuriate in a spacious, open floor plan with a bedroom & flex room on the main floor, 2 suites up. Great room kitchen has granite counters, stainless appliances with a new French door fridge & Bosch DW. This condo lives like a house! Comfortable forced air furnace/AC (heat pump) & propane fireplace. Lots of storage:3 walk-in closets & pantry large enough to hold a chest freezer. Linger on 1 of 3 covered decks with nature views. Garage parking plus 1 assigned space. Enjoy quiet living on a dead-end road in the heart of Winslow, then walk to shop, dine, or ferry. HOA handles roof, siding, shared patios, lawn, veggie gardens, earthquake ins. Seller financing available.

Last Listed By

Patti Shannon

Windermere RE Bainbridge Listed on: 09/18/2020

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1656696

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,837

Year Built

  • Built in 2000

Lot Details

  • Street terminates at a dead end

Home Design

  • Composition Roof
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 1 Bathroom
  • 3-Story Property
  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 81230002240005

Community Details

Overview

  • Winslow Community

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,837

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 31 - Condo (2 Levels)
  • Unit Floor Number: 2
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Bamboo/Cork, Ceramic Tile, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Ice Maker, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 2.75
  • Bathrooms Main: Main
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1954

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Cement Planked
  • Roof: Composition, Metal
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Common Garage, Off Street
  • Parking Space Number: 25 & outside

Utilities

  • Heating And Cooling: Forced Air, Heat Pump
  • Water Heater: Closet main floor BR-Electric

Condo/Co-op/Association

  • Numberof Units In Complex: 12
  • HOA Fees: 701
  • Community Name: Winslow
  • Project: Madrona Commons
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Brendan McGeer (206) 855-1131 X115
  • Association Contact: Becca Hanson (206) 842-8326
  • Common Property Features: Fire Sprinklers, High Speed Int Avail
  • Home Owner Dues Included: Earthquake Ins., Garbage, Road Maintenance, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, French Doors, Insulated Windows, Jetted/Soaking Tub, Master Bath, Skylights, Vaulted Ceilings, Walk-In Closet

Schools

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

Lot Info

  • Lot Details: Curbs, Dead End Street, Paved Street, Sidewalk
  • Parcel Number: 81230002240005

Tax Info

  • Tax Amount: 5325

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Jan 8, 2021
Sold by
Bamburg Jill E
Bought by
Kimberly K Strub And Winston Albert Revocable and Strub
Seller's Agent
Patti Shannon
Windermere RE Bainbridge
Buyer's Agent
Dennis Paige
Realogics Sotheby's Int'l Rlty
List Price
$765,000
Sold Price
$675,000
Premium/Discount to List
-$90,000
-11.76%
Total Days on Market
65
Current Estimated Value
$874,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,834
Avg. Annual Appreciation
6.60%

Purchase Details

Closed on
Jul 5, 2006
Sold by
Chang Joon P and Caldwell Cristy L
Bought by
Bamburg Jill E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2003
Sold by
Djordjevich Michael and Djordjevich Elizabeth
Bought by
Rosebud I Llc

Purchase Details

Closed on
Jan 6, 2003
Sold by
American Marine Bank
Bought by
Chang Joon P and Caldwell Christy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,650
Interest Rate
6.06%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 24, 2002
Sold by
Smith Sohee
Bought by
American Marine Bank

Purchase Details

Closed on
Dec 6, 2000
Sold by
Bainbridge Investments Llc
Bought by
Smith Sohee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Interest Rate
7.71%

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Kimberly K Strub And Winston Albert Revocable $675,000 Pacific Northwest Title
Bamburg Jill E $449,280 Transnation Title
Rosebud I Llc -- --
Chang Joon P $273,500 Transnation Title Insurance
American Marine Bank -- Pacific Nw Title
Smith Sohee -- Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bamburg Jill E $200,000
Previous Owner Chang Joon P $321,000
Previous Owner Chang Joon P $240,650
Previous Owner Smith Sohee $231,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2021 01/14/21 Sold $675,000 -3.4% $345 / Sq Ft
11/22/2020 11/22/20 Pending -- -- --
11/11/2020 11/11/20 Price Changed $699,000 -3.7% $358 / Sq Ft
10/10/2020 10/10/20 Price Changed $726,000 -5.1% $372 / Sq Ft
09/18/2020 09/18/20 For Sale $765,000 -- $392 / 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 $5,837 $709,790 -- $709,790
2024 $5,579 $709,790 -- $709,790
2023 $5,307 $645,260 -- $645,260
2022 $5,889 $614,530 $0 $614,530
2021 $5,382 $534,370 $0 $534,370
2020 $5,325 $521,340 $0 $521,340
2019 $4,979 $496,510 $0 $496,510
2018 $5,296 $429,880 $0 $429,880
2017 $4,541 $429,880 $0 $429,880
2016 $4,116 $369,780 $0 $369,780
2015 $3,849 $352,170 $0 $352,170
2014 -- $335,400 $0 $335,400
2013 -- $335,400 $0 $335,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1656696

Northwest Multiple Listing Service (NWMLS)

APN: 8123-000-224-00-05