Listed by The Agency Bainbridge Island, Bought with COMPASS
NOT LISTED FOR SALE

488 Cosgrove St NW Bainbridge Island, WA 98110

Estimated Value: $1,494,000 - $1,553,000

5 Beds
3 Baths
2,663 Sq Ft
$571/Sq Ft Est. Value

Last Sold April 18, 2024

Last sale price $1,485,000 $558 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $9,242/month

10 Days on Market

Highlights

  • Craftsman Architecture
  • Deck
  • Territorial View
  • Bainbridge High School Rated A
  • Property is near public transit
  • Wood Flooring

About This Home

As of April 2024

A dreamy home in one of the most sought-after neighborhoods on the island! Nestled in the heart of town w/ easy access to Waterfront Trail & beaches, DT Winslow, Moritani Preserve & Rotary Park. Updated in 2019, this craftsman-style gem boasts a warm & welcoming atmosphere in marvelous condition throughout. Main is graced by hardwoods, versatile office (or bdrm) w/ separate entrance, 3/4 bath, & an open flow from formal living to dining. Chef's kitchen has quartz counters, high-end appl., spacious pantry & nearby utility room. Upper-level features primary suite w/ luxurious 5-pc spa bath & walk-in-closet + 3 addt'l beds share a full bath. The allure extends to the large yard for play & gardening. In-town convenience, charm & modern luxury.

Last Agent to Sell the Property

Mark Middleton

The Agency Bainbridge Island License #24010638 Listed on: 03/06/2024

The Agency Bainbridge Island

Last Buyer's Agent

Dana Fitzpatrick

COMPASS License #138844

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2204366

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,582

Year Built

  • Built in 2001

Lot Details

  • 8,276 Sq Ft Lot
  • Open Space
  • Cul-De-Sac
  • West Facing Home
  • Partially Fenced Property
  • Level Lot
  • Garden
  • Property is in very good condition

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,663 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Dining Room
  • Territorial Views
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Location

  • Property is near public transit

Schools

  • Woodward Mid Middle School
  • Bainbridge Isl High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Propane
  • Water Heater
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 54180000230008

Community Details

Overview

  • Mike Rorem Association
  • Secondary HOA Phone (206) 930-3229
  • Winslow Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,582

Year Built

Built in 2001

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2001
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwashers,Dryers,Microwaves,Refrigerators,StovesRanges,Washers
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Building Name: Winslow's Cove
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2663
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 502

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Ceramic Tile, Hardwood, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, High Tech Cabling, Skylight(s), Walk-In Closet(s), Walk-In Pantry, Fireplace, Water Heater
  • Living Area: 2663
  • Main Level Bedrooms: 1
  • Bathrooms: 2.75
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 2663
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Curbs, Open Space, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: Central A/C, Forced Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump, Insert
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: COBI
  • WaterCompany: Kitsap PUD #1
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Propane
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Community Features: CCRs, Park, Playground
  • Senior Community: No
  • Association Fee: 75
  • Association Fee Frequency: Monthly
  • Phone: 206-930-3229
  • Association: Yes
  • AssociationContactName: Mike Rorem

Schools

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

Lot Info

  • Parcel Number: 54180000230008
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet,Outbuildings,Patio,Propane
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Propane

Tax Info

  • Year: 2023
  • Tax Annual Amount: 10582

Multi Family

  • EnergySource: Electric,Propane

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Apr 9, 2024
Sold by
Deits Brett C and Deits Lara E
Bought by
Guidry Steve and Simmonds Sabra Ellis
Seller's Agent
Mark Middleton
The Agency Bainbridge Island
Buyer's Agent
Dana Fitzpatrick
COMPASS
List Price
$1,495,000
Sold Price
$1,485,000
Premium/Discount to List
-$10,000
-0.67%
Views
22
Current Estimated Value
$1,520,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,160
Avg. Annual Appreciation
1.74%
Original Mortgage
$1,039,500
Outstanding Balance
$1,025,875
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$494,285

Purchase Details

Listed on
May 24, 2017
Closed on
Jul 10, 2017
Sold by
Spinak David J and Spinak Naomi R
Bought by
Deits Brett C and Deits Lara E
Seller's Agent
Sarah Sydor
Windermere RE Bainbridge
Buyer's Agent
Mark Middleton
The Agency Bainbridge Island
List Price
$838,000
Sold Price
$820,000
Premium/Discount to List
-$18,000
-2.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.17%
Original Mortgage
$656,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2006
Sold by
Cobb John W and Harris Linda M
Bought by
Spinak David J and Spinak Naomi R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.04%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 4, 2002
Sold by
Schneider Homes Inc
Bought by
Cobb John W and Harris Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
5.12%
Source: Public Records

Range of Values:

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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
Guidry Steve $1,485,000 Pacific Northwest Title
Deits Brett C $820,000 Pacific Northwest Title
Spinak David J $725,280 Kitsap Title Agency
Cobb John W $399,500 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guidry Steve $1,039,500
Previous Owner Deits Brett C $75,000
Previous Owner Deits Brett C $69,500
Previous Owner Deits Brett C $656,000
Previous Owner Spinak David J $199,500
Previous Owner Spinak David J $417,000
Previous Owner Spinak David J $146,923
Previous Owner Spinak David J $145,000
Previous Owner Spinak David J $580,000
Previous Owner Cobb John W $480,000
Previous Owner Cobb John W $333,700
Previous Owner Cobb John W $134,250
Previous Owner Cobb John W $300,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2024 04/18/24 Sold $1,485,000 -0.7% $558 / Sq Ft
03/16/2024 03/16/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $1,495,000 0.0% $561 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $1,495,000 +82.3% $561 / Sq Ft
07/14/2017 07/14/17 Sold $820,000 -2.1% $308 / Sq Ft
06/13/2017 06/13/17 Pending -- -- --
05/24/2017 05/24/17 For Sale $838,000 -- $315 / 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 $10,608 $1,315,480 $289,100 $1,026,380
2024 $10,137 $1,315,480 $289,100 $1,026,380
2023 $10,582 $1,315,480 $289,100 $1,026,380
2022 $9,371 $991,120 $183,930 $807,190
2021 $9,555 $964,400 $172,220 $792,180
2020 $9,175 $912,630 $162,840 $749,790
2019 $3,777 $854,400 $152,300 $702,100
2018 $9,066 $716,430 $136,680 $579,750
2017 $7,454 $716,430 $136,680 $579,750
2016 $7,167 $654,080 $136,690 $517,390
2015 $6,149 $571,060 $119,410 $451,650
2014 -- $513,890 $119,410 $394,480
2013 -- $480,300 $111,550 $368,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2204366

Northwest Multiple Listing Service (NWMLS)

APN: 5418-000-023-00-08