Listed by Realogics Sotheby's Int'l Rlty, Bought with Windermere RE Bainbridge
NOT LISTED FOR SALE

506 Groos Ln NE Bainbridge Island, WA 98110

Estimated Value: $1,328,000 - $1,455,000

3 Beds
3.5 Baths
2,344 Sq Ft
$461/mo HOA Fee

Last Sold March 27, 2024

Last sale price $1,410,000 $602 Per Sq Ft

Current estimated payment $8,933/month

32 Days on Market

Highlights

  • New Construction
  • Craftsman Architecture
  • Territorial View
  • Bainbridge High School Rated A
  • Property is near public transit
  • Marble Flooring

About This Home

As of March 2024

Groos Lane beckons, offering an effortless lock-and-go lifestyle. The main floor features a private guest suite, ideal for short & long-term stays. Ascend to the refined 2nd level w/a spacious great room, clean lines, abundant natural light, timeless finishes & a well-appointed kitchen. A welcoming fireplace adds charm, while the top level unveils 2 ensuite bedrooms, including a luxurious primary suite. Opulence reigns w/custom cabinetry, marble, granite & sumptuous Belgian wool carpeting. Tailored for modern living, boasting an EV charger, smart wiring, capability for an elevator + rare attached two-car garage. Nestled amidst trees and trails, it's blocks away from the ferry & downtown Winslow's shops, boutiques, galleries & eateries.

Last Agent to Sell the Property

Claudia Powers

Realogics Sotheby's Int'l Rlty License #120814 Listed on: 01/31/2024

Realogics Sotheby's Int'l Rlty

Co-Listed By

Michele Schuler

Realogics Sotheby's Int'l Rlty License #22014412

Last Buyer's Agent

Andy Moore

Windermere RE Bainbridge License #45906

Windermere RE Bainbridge

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2195512

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,865

Year Built

  • Built in 2023 | New Construction

Lot Details

  • Open Space
  • Street terminates at a dead end
  • Private Yard

HOA Fees

  • $461 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,344 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Insulated Windows
  • Territorial Views

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble
  • Slate Flooring

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Location

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

Schools

  • Ordway Elementary School
  • Woodward Mid Middle School
  • Bainbridge Isl High School

Utilities

  • Ductless Heating Or Cooling System
  • Radiant Heating System
  • Propane
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 85400000030007

Community Details

Overview

  • Association fees include common area maintenance, lawn service, road maintenance
  • 5 Units
  • Bryce Stevenson Association
  • Secondary HOA Phone (206) 842-1123
  • Groos Lane Condos
  • Winslow Subdivision
  • Park Phone (206) 842-1123 | Manager Bryce Stevenson

Recreation

  • Trails

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,865

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$461 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 34 - Condo (3 Levels)
  • Year Built: 2023
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,SeeRemarks,StoveRange,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Building Name: Groos Lane
  • Unit Levels: Three Or More
  • New Construction: Yes
  • CalculatedSquareFootage: 2344
  • EffectiveYearBuiltSource: See Remarks
  • SeniorExemption: false
  • DwellingType: Detached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: false
  • UnitFeatures: Balcony/Deck/Patio,Insulated Windows,Primary Bath,Walk-in Closet,Yard
  • EstimatedCompletionDate: 2023-06-10
  • NewConstruction: Completed
  • SOCComments: Thank you!
  • Special Features: NewHome
  • Cumulative Days on Market: 557

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, See Remarks, Stove/Range, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Hardwood, Marble, Slate, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet, Balcony/Deck/Patio, Yard, Fireplace, Water Heater
  • Main Level Bedrooms: 1
  • Stories: 3
  • Bathrooms: 3.5
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 1
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • FloorNumberOfUnit: 1
  • StorageNo: N/A
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,See Remarks,Stove/Range,Washer
  • StorageLocation: N/A
  • WindowCoverings: None
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Composition, Metal
  • View: Territorial
  • Lot Features: Curbs, Dead End Street, Open Space, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: See Remarks,Unit

Garage/Parking

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

Utilities

  • Cooling: Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: Ductless HP-Mini Split, Radiant
  • Heating Yn: Yes
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Tankless

Condo/Co-op/Association

  • Community Features: See Remarks, Trail(s)
  • Park Manager Name: Bryce Stevenson
  • Park Manager Phone: 206-842-1123
  • Senior Community: No
  • Association Fee: 461
  • Association Fee Frequency: Monthly
  • Phone: 206-842-1123
  • Association: Yes
  • Pets Allowed: See Remarks, Subj to Restrictions
  • Common Interest: Condominium
  • AssociationContactName: Bryce Stevenson
  • CoOp: false
  • CommonPropertyFeatures: See Remarks,Trails

Fee Information

  • Association Fee Includes: Common Area Maintenance, Lawn Service, Road Maintenance, See Remarks
  • NWM_OtherDuesOrFeesYN: false

Schools

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

Lot Info

  • Parcel Number: 85400000030007
  • Lot Size Acres: 0.0413
  • Lot Size Sq Ft: 1800
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Architect
  • MLSSquareFootageSource: Architect

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric, Propane

Rental Info

  • RentalCap: No Rental Cap

Tax Info

  • Year: 2023
  • Tax Annual Amount: 8865

Multi Family

  • Number Of Units In Community: 5
  • EnergySource: Electric,Propane
  • UnitsInBuildingTotal: 1

MLS Schools

  • Elementary School: Ordway Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
Mar 18, 2024
Sold by
Oombear East Llc
Bought by
Swain Sue Ellen
Seller's Agent
Claudia Powers
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Andy Moore
Windermere RE Bainbridge
List Price
$1,450,000
Sold Price
$1,410,000
Premium/Discount to List
-$40,000
-2.76%
Total Days on Market
32
Views
44
Current Estimated Value
$1,403,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,103
Avg. Annual Appreciation
0.58%
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
Swain Sue Ellen $1,410,000 Aegis Land Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2024 03/27/24 Sold $1,410,000 -2.8% $602 / Sq Ft
03/03/2024 03/03/24 Pending -- -- --
01/31/2024 01/31/24 For Sale $1,450,000 -- $619 / 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 $10,056 $1,245,510 $261,330 $984,180
2024 $8,865 $1,177,910 $261,330 $916,580
2023 $3,697 $469,520 $261,330 $208,190
2022 $0 $129,280 $129,280 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2195512

Northwest Multiple Listing Service (NWMLS)

APN: 8540-000-003-00-07