NOT LISTED FOR SALE

5492 Rockaway Beach Rd NE Bainbridge Island, WA 98110

Estimated Value: $2,730,000 - $3,219,265

3 Beds
1 Bath
3,848 Sq Ft
$788/Sq Ft Est. Value

Last Sold June 22, 2017

Last sale price $1,799,000 $468 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $18,827/month

2 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Views of a Sound
  • Deck
  • Bainbridge High School Rated A
  • Fruit Trees
  • Secluded Lot

About This Home

As of June 2017

Embrace island time and get a whole new perspective of Seattle from your living room! With views spanning from Eagle Harbor all the way to Mt. Rainier towering majestically in the distance, this incredibly sunny beach house is sited on one of the largest lots along Rockaway Beach. The irreplaceable setting is simply stunning.

Last Agent to Sell the Property

Eileen Black

John L. Scott, Inc. License #78692 Listed on: 05/08/2017

John L. Scott, Inc.

Last Buyer's Agent

Mark Middleton

The Agency Bainbridge Island License #24010638

The Agency Bainbridge Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1119013

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,739

Year Built

  • Built in 2005

Lot Details

  • Low Bank Waterfront Property
  • Property fronts a saltwater canal
  • Open Space
  • Secluded Lot
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Property is zoned City

Property Views

  • Views of a Sound
  • City
  • Mountain

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Off-Street Parking

Outdoor Features

  • Tideland Water Rights
  • Bulkhead
  • Deck

Utilities

  • Propane
  • Septic System

Community Details

  • Bainbridge Island Community

Listing and Financial Details

  • Assessor Parcel Number 36250230012006

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,739

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 13 - Tri-Level
  • Building Information: Built On Lot
  • Entrance Level: Upper
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wired For Generator, Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, Security System, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Lower Level Bedroom: 2
  • Bathrooms: 3.25
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3848
  • Square Footage Finished: 3848

Exterior Features

  • Exterior: Cement Planked
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: City, Mountain, Sound
  • Waterfront: Bank-Low, Bulkhead, Saltwater, Sound, Tideland Rights
  • Waterfront Frontage: 1169 waterfront Feet

Garage/Parking

  • Parking Type: Garage-Detached, Off Street
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Heat Pump, Stove/Free Standing, Hot Water Recirc Pump
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Water Company: COBI
  • Water Heater: Shore level utility closet-Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Bainbridge Island

Schools

  • Elementary School: Capt. Charles Wilkes
  • Middle School: Woodward Mid
  • High School: Bainbridge Isl
  • School District: BIS

Lot Info

  • Lot Details: Open Space, Paved Street, Secluded
  • Lot Sq Ft: 64469
  • Lot Topography Vegetation: Fruit Trees, Level, Partial Slope, Sloped, Steep Slope, Wooded
  • Parcel Number: 36250230012006
  • Zoning Code: City
  • Zoning Jurisdiction: City
  • Lot Topography: Fruit Trees, Level, Partial Slope, Sloped, Steep Slope, Wooded

Tax Info

  • Tax Amount: 15966

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2017
Closed on
Jun 13, 2017
Sold by
Greiner Albert L
Bought by
Chen Edward C and Chen Christina J
Seller's Agent
Eileen Black
John L. Scott, Inc.
Buyer's Agent
Mark Middleton
The Agency Bainbridge Island
List Price
$1,799,000
Sold Price
$1,799,000
Total Days on Market
2
Current Estimated Value
$3,031,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,232,066
Avg. Annual Appreciation
5.88%
Original Mortgage
$900,000
Outstanding Balance
$749,526
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,084,652

Purchase Details

Closed on
Sep 9, 2003
Sold by
Trask Russell
Bought by
Greiner Albert L and Albert L Greiner Trust
Source: Public Records

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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
Chen Edward C $1,799,000 Pacific Northwest Title
Greiner Albert L $200,000 Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Edward C $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2017 06/22/17 Sold $1,799,000 0.0% $468 / Sq Ft
05/11/2017 05/11/17 Pending -- -- --
05/08/2017 05/08/17 For Sale $1,799,000 -- $468 / 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 $21,739 $2,728,720 $1,312,270 $1,416,450
2024 $20,771 $2,728,720 $1,312,270 $1,416,450
2023 $19,661 $2,469,040 $1,182,220 $1,286,820
2022 $19,984 $2,138,760 $1,116,250 $1,022,510
2021 $19,493 $1,988,630 $1,036,510 $952,120
2020 $19,762 $1,988,630 $1,036,510 $952,120
2019 $17,385 $1,783,150 $924,890 $858,260
2018 $17,747 $1,553,890 $797,310 $756,580
2017 $15,966 $1,553,890 $797,310 $756,580
2016 $11,302 $1,039,480 $227,500 $811,980
2015 $10,171 $953,890 $206,250 $747,640
2014 -- $853,730 $182,500 $671,230
2013 -- $853,730 $182,500 $671,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1119013

Northwest Multiple Listing Service (NWMLS)

APN: 362502-3-001-2006