NOT LISTED FOR SALE

5401 Welfare Ave NE Bainbridge Island, WA 98110

Estimated Value: $796,000 - $914,000

2 Beds
1 Bath
1,278 Sq Ft
$688/Sq Ft Est. Value

Last Sold June 09, 2020

Last sale price $635,000 $497 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,239/month

Highlights

  • Wooded Lot
  • Territorial View
  • Detached Garage
  • Bainbridge High School Rated A
  • 1 Fireplace
  • Brush Vegetation

About This Home

As of June 2020

This home is located at 5401 Welfare Ave NE, Bainbridge Island, WA 98110 since 09 June 2020 and is currently estimated at $879,509, approximately $688 per square foot. This property was built in 1930. 5401 Welfare Ave NE is a home located in Kitsap County with nearby schools including Bainbridge High School, Montessori Country School, and Madrona School.

Last Buyer's Agent

Leah Applewhite

Realogics Sotheby's Int'l Rlty License #26035

Realogics Sotheby's Int'l Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1817573

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,367

Year Built

  • Built in 1930

Lot Details

  • Brush Vegetation
  • Level Lot
  • Wooded Lot

Parking

  • Detached Garage

Home Design

  • Cabin
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 1 Fireplace
  • Laminate Flooring
  • Territorial Views
  • Dishwasher
  • Unfinished Basement

Utilities

  • Shared Well
  • Septic System

Community Details

  • Bainbridge Island Community

Listing and Financial Details

  • Assessor Parcel Number 41440010150000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,367

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Cabin
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Laminate Hardwood
  • Appliances That Stay: Dishwasher, Refrigerator
  • Approved Number of Bedrooms: 3
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Unfinished
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1278
  • Square Footage Finished: 1278
  • Square Footage Unfinished: 2258

Exterior Features

  • Exterior: Brick, Metal/Vinyl, 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
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Name: Bainbridge Island

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: BIS

Lot Info

  • Lot Sq Ft: 43124
  • Lot Topography Vegetation: Brush, Level, Partial Slope, Sloped, Wooded
  • Parcel Number: 41440010150000
  • Zoning Code: R-1
  • Zoning Jurisdiction: City
  • Lot Topography: Brush, Level, Partial Slope, Sloped, Wooded

Tax Info

  • Tax Amount: 4382

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2021
Sold by
Blossom Kathleen D
Bought by
Musgrave Conor
Current Estimated Value
$879,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Outstanding Balance
$497,225
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$382,284

Purchase Details

Listed on
Apr 7, 2017
Closed on
Apr 7, 2017
Sold by
Clark Bonnie J
Bought by
Blossom Maurlen G and Blossom Kathleen D
Seller's Agent
Tim Thompson
The Agency Bainbridge Island
Buyer's Agent
Jan Johnson
Windermere RE Bainbridge
List Price
$609,000
Sold Price
$609,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Musgrave Conor -- Pacific Northwest Title
Blossom Maurlen G $708,510 Pacific Northwest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Musgrave Conor $548,000
Previous Owner Clark Bonnie $344,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2020 06/09/20 Sold $635,000 0.0% $497 / Sq Ft
06/09/2020 06/09/20 For Sale $635,000 +4.3% $497 / Sq Ft
04/07/2017 04/07/17 Sold $609,000 0.0% $477 / Sq Ft
04/07/2017 04/07/17 For Sale $609,000 -- $477 / 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 $5,367 $650,150 $283,960 $366,190
2024 $5,130 $650,150 $283,960 $366,190
2023 $5,345 $650,150 $283,960 $366,190
2022 $4,698 $485,710 $215,590 $270,120
2021 $4,579 $451,580 $199,460 $252,120
2020 $4,639 $451,580 $199,460 $252,120
2019 $4,266 $422,480 $185,510 $236,970
2018 $4,551 $369,380 $146,070 $223,310
2017 $1,077 $369,380 $146,070 $223,310
2016 $855 $269,400 $146,070 $123,330
2015 $1,386 $254,830 $146,070 $108,760
2014 -- $242,170 $146,070 $96,100
2013 -- $242,170 $146,070 $96,100
Source: Public Records

Agents Affiliated with this Home

  • Leah Applewhite

    Buyer's Agent in 2020

    Leah Applewhite

    Reaologics Sothebys International Realty

    (206) 387-0439

    78 Total Sales

    Section Image
  • Tim Thompson

    Seller's Agent in 2017

    Tim Thompson

    The Agency Bainbridge Island

    (360) 509-9634

    50 Total Sales

    Section Image
  • Jan Johnson

    Buyer's Agent in 2017

    Jan Johnson

    Windermere Corporate

    (206) 371-8792

    58 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1817573

Northwest Multiple Listing Service (NWMLS)

APN: 4144-001-015-00-00

Washington Kitsap County Bainbridge Island 98110

5401 Welfare Ave NE, Bainbridge Island, WA

This home is located at 5401 Welfare Ave NE, Bainbridge Island, WA 98110 since 09 June 2020 and is currently estimated at $879,509, approximately $688 per square foot. This property was built in 1930. 5401 Welfare Ave NE is a home located in Kitsap County with nearby schools including Bainbridge High School, Montessori Country School, and Madrona School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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