Listed by Windermere RE Bainbridge, Bought with Coldwell Banker Bain
NOT LISTED FOR SALE

5062 New Sweden Ave NE Bainbridge Island, WA 98110

Estimated Value: $1,359,631 - $1,515,000

4 Beds
1 Bath
1,866 Sq Ft
$757/Sq Ft Est. Value

Last Sold June 28, 2016

Last sale price $879,000 $471 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $8,358/month

6 Days on Market

Highlights

  • Fruit Trees
  • Deck
  • Wood Flooring
  • Bainbridge High School Rated A
  • Territorial View
  • Detached Garage

About This Home

As of June 2016

1901 New Sweden farmhouse lovingly maintained & updated by current owners over the 32 years they've been there. On 4.87 sunny & pastoral acres, this is a special property in an historic neighborhood on the island. House has a beautiful territorial outlook. There are 3 upstairs bedrooms plus possible 4th with 3/4 bath and huge additional untapped potential in the remainder of the unfinished basement. Fruit trees, mature gardens, old root cellar could be a cool studio. Detached garage.

Last Agent to Sell the Property

Bill Hunt

Windermere RE Bainbridge Listed on: 05/04/2016

Co-Listed By

Mark Wilson

Windermere RE Bainbridge

Last Buyer's Agent

Larry Kight

Coldwell Banker Bain License #43051

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM934177

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,255

Year Built

  • Built in 1901

Lot Details

  • Sloped Lot
  • Fruit Trees
  • Garden

Parking

  • Detached Garage

Home Design

  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Well
  • Septic System
  • High Speed Internet

Additional Features

  • Territorial Views
  • 1 Bathroom
  • Natural lighting in basement
  • Pasture

Community Details

  • Bainbridge Island Community

Listing and Financial Details

  • Assessor Parcel Number 41860020030001

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,255

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1901
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw, Dining Room
  • Floor Covering: Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 4
  • Bedrooms: 4.00
  • Lower Level Bedroom: 1
  • Bathrooms: 2.25
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Basement: Daylight
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1866
  • Square Footage Finished: 1866
  • Square Footage Unfinished: 1568

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air, Heat Pump, Stove/Free Standing
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 4
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: drilled well + dug for irrigation
  • Water Heater: basement-electric
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Bainbridge Island

Schools

  • Elementary School: Bainbridge Schools
  • Middle School: Woodward Mid
  • High School: Bainbridge Isl
  • School District: BIS

Lot Info

  • Lot Sq Ft: 212138
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Partial Slope, Pasture
  • Parcel Number: 41860020030001
  • Zoning Jurisdiction: City
  • Lot Topography: Fruit Trees, Garden Space, Partial Slope, Pasture

Tax Info

  • Tax Amount: 5650

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2016
Closed on
Jun 23, 2016
Sold by
Ferm Daniel W and Ferm Mary M
Bought by
Thompson Brian R and Barnes Melinda L
Seller's Agent
Bill Hunt
Windermere RE Bainbridge
Buyer's Agent
Larry Kight
Coldwell Banker Bain
List Price
$879,000
Sold Price
$879,000
Current Estimated Value
$1,400,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$521,957
Avg. Annual Appreciation
4.97%
Original Mortgage
$703,000
Outstanding Balance
$568,534
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$799,430
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
Thompson Brian R $879,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Brian R $250,000
Open Thompson Brian R $703,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2016 06/28/16 Sold $879,000 0.0% $471 / Sq Ft
05/11/2016 05/11/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $879,000 -- $471 / 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 $8,255 $1,016,830 $340,880 $675,950
2024 $7,889 $1,016,830 $340,880 $675,950
2023 $8,231 $1,016,830 $340,880 $675,950
2022 $7,263 $763,080 $296,060 $467,020
2021 $7,062 $707,520 $273,910 $433,610
2020 $7,157 $707,520 $273,910 $433,610
2019 $6,586 $663,130 $256,250 $406,880
2018 $6,440 $524,710 $201,770 $322,940
2017 $5,505 $524,710 $201,770 $322,940
2016 $6,066 $551,500 $329,770 $221,730
2015 $5,650 $523,580 $329,770 $193,810
2014 -- $499,290 $329,770 $169,520
2013 -- $499,290 $329,770 $169,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM934177

Northwest Multiple Listing Service (NWMLS)

APN: 4186-002-003-00-01