NOT LISTED FOR SALE

5031 NE Setting Sun Ln Bainbridge Island, WA 98110

Estimated Value: $2,388,770 - $2,757,000

4 Beds
4 Baths
4,683 Sq Ft
$543/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $1,550,000 $331 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $14,784/month

6 Days on Market

Highlights

  • Views of a Sound
  • RV Access or Parking
  • Traditional Architecture
  • Bainbridge High School Rated A
  • Fruit Trees
  • Wood Flooring

About This Home

As of May 2018

Exquisite traditional shingle style home of exceptional quality with a wonderful floor plan steps to Battle Point Park.. welcome home to classic Island living! Gorgeous interiors featuring a "real" chef's gourmet kitchen w/ butler's pantry open to a stunning great room w/ formal dining room and adjoining den. Four spacious bedrooms up including the master suite w/ spa like master bath. Guest suite above garage. Outdoor "lodge like" living room faces west for sublime sunsets w/ peek of the Sound.

Last Agent to Sell the Property

Mark Middleton

The Agency Bainbridge Island License #24010638 Listed on: 04/11/2018

The Agency Bainbridge Island

Co-Listed By

Beckey Anderson

Realogics Sotheby's Int'l Rlty License #129710

Last Buyer's Agent

Chelsey Samonte

John L. Scott Woodinville License #26813

John L. Scott Woodinville

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1257991

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,743

Year Built

  • Built in 2008

Lot Details

  • Street terminates at a dead end
  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Wooded Lot
  • Garden

Property Views

  • Views of a Sound
  • Territorial
  • Limited

Home Design

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

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Slate Flooring
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • RV Access or Parking

Utilities

  • Propane
  • Well
  • Septic System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • 1 Fireplace
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 08250230122007

Community Details

Overview

  • Battle Point Community

Recreation

  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,743

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Traditional
  • Homebuilder: BI Classic Homes
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Wired For Generator, Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, French Doors, Security System, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Slate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 4
  • Bedrooms: 4.00
  • Bathrooms: 3.50
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 3
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4683
  • Square Footage Finished: 4683

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Partial, Sound, Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Heat Pump
  • Power Company: Puget Sound Energy
  • Septic Approved for Number of Bedrooms: 4
  • Sewer: Septic
  • Sewer Company: Private 4 Bedroom Septic
  • Water Company: Private Well
  • Water Heater: Garage
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Battle Point

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Sonoji Sakai Inter
  • High School: Bainbridge Isl
  • School District: BIS

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 48352
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level, Partial Slope, Terraces, Wooded
  • Parcel Number: 08250230122007
  • Zoning Jurisdiction: City
  • Lot Topography: Fruit Trees, Garden Space, Level, Partial Slope, Terraces, Wooded

Tax Info

  • Tax Amount: 11728

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2019
Sold by
Lynch Jason D and Lynch Holly Elizabeth Hinterberger
Bought by
Lynch Jason D and Lynch Holly Elizabeth Hinterberger
Current Estimated Value
$2,541,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$871,739
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$1,669,454

Purchase Details

Listed on
Apr 11, 2018
Closed on
May 23, 2018
Sold by
Neghabat Amin and Tabazadeh Afshan
Bought by
Lynch Jason D and Lynch Holly
Seller's Agent
Mark Middleton
The Agency Bainbridge Island
Buyer's Agent
Chelsey Samonte
John L. Scott Woodinville
List Price
$1,498,000
Sold Price
$1,550,000
Premium/Discount to List
$52,000
3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%
Original Mortgage
$1,000,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 7, 2011
Sold by
Tabazadeh Modjtaba and Tabazadeh Fatemeh
Bought by
Neghabat Amin and Tabazadeh Afshan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2010
Sold by
March Carl J and March Susan A
Bought by
Tabazadeh Modjtaba and Tabazadeh Fatemeh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2009
Sold by
Bainbridge Island Classic Homes Llc
Bought by
March Carl J and March Susan A

Purchase Details

Closed on
Nov 8, 2005
Sold by
Larson Jay S
Bought by
Bainbridge Island Classic Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2003
Sold by
Brindle Alexander W
Bought by
Larson Jay S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,100
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Lynch Jason D -- First American Title Ins Co
Lynch Jason D $1,550,000 Fidelity National Title Of K
Neghabat Amin $749,280 Pacific Nw Title
Tabazadeh Modjtaba $990,280 Pacific Nw Title
March Carl J $1,140,280 Pacific Northwest Title
Bainbridge Island Classic Homes Llc $268,280 Pacific Nw Title
Larson Jay S $133,000 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Jason D $1,000,000
Closed Lynch Jason D $1,000,000
Previous Owner Neghabat Amin $475,000
Previous Owner Tabazadeh Modjtaba $475,000
Previous Owner Bainbridge Island Classic Homes Llc $202,500
Previous Owner Larson Jay S $93,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $1,550,000 +3.5% $331 / Sq Ft
04/17/2018 04/17/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $1,498,000 -- $320 / 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 $15,743 $1,967,510 $305,770 $1,661,740
2025 $15,743 $1,967,510 $305,770 $1,661,740
2024 $15,043 $1,967,510 $305,770 $1,661,740
2023 $15,713 $1,967,520 $305,780 $1,661,740
2022 $14,365 $1,531,110 $251,720 $1,279,390
2021 $14,111 $1,434,040 $235,690 $1,198,350
2020 $13,278 $1,329,560 $218,050 $1,111,510
2019 $12,203 $1,245,660 $203,620 $1,042,040
2018 $11,914 $988,170 $160,330 $827,840
2017 $10,216 $988,170 $160,330 $827,840
2016 $10,892 $1,001,260 $159,270 $841,990
2015 $9,515 $891,440 $159,270 $732,170
2014 -- $797,300 $159,270 $638,030
2013 -- $797,300 $159,270 $638,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1257991

Northwest Multiple Listing Service (NWMLS)

APN: 082502-3-012-2007