Listed by Realogics Sotheby's Int'l Rlty, Bought with Lake & Company
$665,000
SOLD MAY 8, 2025

522 Madrona Way NE Unit A2 Bainbridge Island, WA 98110

2 Beds
2 Baths
1,002 Sq Ft
871 Sq Ft Lot

Recently Sold

$664 Per Sq Ft

2% Below List Price

Highlights

  • Deck
  • Property is near public transit
  • Modern Architecture
  • Bainbridge High School Rated A
  • Softwood Flooring
  • Storm Windows

About This Home

As of May 2025

Motivated Seller! This modern building offers a flexible floor plan featuring urban design finishes & convenient in-town living. 1-bedroom townhome with a studio space on the first level with a private entry that can be used as a second bedroom, office, or home gym. The other living space is two stories & features wide-planked rustic pine floors & a functional, spacious kitchen with quartz counters & SS appliances. The studio/office/guest room includes a 3/4 bath & 2nd washer/dryer. This flexible space creates so many opportunities including use as a short-term or long-term rental! Equipped with Fiber Optic technology & solar ready. Includes 1 reserved parking space. Everything you need is a 5-10 minute stroll! This is a perfect Lock & Go!

Last Agent to Sell the Property

Jennifer Saez

Realogics Sotheby's Int'l Rlty License #86600 Listed on: 01/08/2025

Realogics Sotheby's Int'l Rlty

Co-Listed By

Susan Lorenz

Realogics Sotheby's Int'l Rlty License #20108439

Last Buyer's Agent

Claire Zaner

Lake & Company License #49718

Lake & Company

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2320238

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,975

Year Built

  • Built in 2018

Lot Details

  • 871 Sq Ft Lot
  • Street terminates at a dead end
  • North Facing Home
  • Partially Fenced Property
  • Level Lot
  • Garden
  • Property is in very good condition

HOA Fees

  • $342 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Modern Architecture
  • Slab Foundation
  • Insulated Concrete Forms
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,002 Sq Ft Home
  • Multi-Level Property
  • Storm Windows

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Softwood
  • Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Location

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

Schools

  • Woodward Mid Middle School
  • Bainbridge Isl High School

Utilities

  • Ductless Heating Or Cooling System
  • Water Heater
  • High Speed Internet

Community Details

  • Michael Maxwell Association
  • Built by Clark Construction LLC
  • Winslow Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,975

Year Built

Built in 2018

Lot Details

0

HOA Fees

$342 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 15 - Multi Level
  • Year Built: 2018
  • Inclusions: Dishwasher(s),Dryer(s),LeasedEquipment,Microwave(s),Refrigerator(s),See Remarks,Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Modern
  • Building Name: Madrona Townhomes
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1002
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2320238?w=Consumer&agent=53601
  • Special Features: None

Interior Features

  • Basement: None
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), See Remarks, Stove(s)/Range(s), Washer(s)
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Upper (2nd Floor)
  • Fireplace: No
  • Flooring: Ceramic Tile, Concrete, Softwood, Carpet
  • Interior Amenities: Bath Off Primary, Ceramic Tile, Concrete, Double Pane/Storm Window, Water Heater
  • Living Area: 1002
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Bathrooms: 1.5
  • BathsFullMain: 0
  • SquareFootageFinished: 1002
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 1
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),See Remarks,Stove(s)/Range(s),Washer(s)
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Dead End Street, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Builder Name: Clark Construction LLC
  • Construction Type: Concrete, Wood
  • Direction Faces: North
  • Exterior Features: Cement/Concrete, Wood Products
  • Foundation Details: Slab
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true
  • ConstructionMethods: Insulated Concrete Form (ICF)

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Ductless
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: COBI
  • WaterCompany: COBI
  • WaterHeaterLocation: closet in lower studio
  • WaterHeaterType: electric
  • InternetConnected: NET 253, Fiber Optic

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 342
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Common Interest: Residential
  • AssociationContactName: Michael Maxwell

Schools

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

Lot Info

  • Parcel Number: 56440000350000
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.02
  • Lot Size Sq Ft: 871
  • Zoning: City
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: County Records
  • MLSSquareFootageSource: NWMLS
  • ZoningJurisdiction: City
  • LotNumber: 35

Green Features

  • Efficiency: Insulated Concrete Form (ICF)
  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: true

Tax Info

  • Year: 2025
  • Tax Annual Amount: 4975

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2025
Closed on
May 6, 2025
Sold by
Powell-Essinger Christen
Bought by
Durst Mark Stephen and Durst Sarah Byron
Seller's Agent
Jennifer Saez
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Claire Zaner
Lake & Company
List Price
$679,000
Sold Price
$665,000
Premium/Discount to List
-$14,000
-2.06%
Views
174
Current Estimated Value
$683,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,149
Avg. Annual Appreciation
6.62%
Original Mortgage
$515,000
Outstanding Balance
$513,176
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$169,973

Purchase Details

Closed on
Aug 26, 2019
Sold by
M E B S Llc
Bought by
Powell Essinger Christen
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 Type Sale Price Title Company
Warranty Deed $665,000 Pacific Northwest Title
Warranty Deed $638,000 Pacific Northwest Ttl Silver
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $515,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2025 05/08/25 Sold $665,000 0.0% $664 / Sq Ft
04/21/2025 04/21/25 Pending -- -- --
01/26/2025 01/26/25 Price Changed $665,000 -2.1% $664 / Sq Ft
01/08/2025 01/08/25 For Sale $679,000 -- $678 / 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 $2 $603,730 $259,780 $343,950
2025 $4,975 $600,340 $259,780 $340,560
2024 $4,769 $602,100 $259,780 $342,320
2023 $4,967 $602,100 $259,780 $342,320
2022 $5,221 $542,310 $211,750 $330,560
2021 $5,119 $507,220 $198,270 $308,950
2020 $4,716 $479,150 $187,480 $291,670
2019 $2,205 $228,740 $140,270 $88,470
2018 $1,343 $0 $0 $0
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2320238

Northwest Multiple Listing Service (NWMLS)

APN: 5644-000-035-00-00