Listed by Keller Williams Greater 360, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

5501 Madrona Ave NE Bremerton, WA 98311

Estimated Value: $404,000 - $494,000

2 Beds
2 Baths
1,263 Sq Ft
$365/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $501,000 $397 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,723/month

Highlights

  • Views of a Sound
  • Deck
  • Engineered Wood Flooring
  • Craftsman Architecture
  • Property is near public transit
  • No HOA

About This Home

As of May 2022

Welcome to Illahee! As you walk through the front door you will know that there is quality & style throughout. This exceptionally remodeled Craftsman is practically brand new. EVERYTHING has been upgraded: elec, plumb, floors, windows, HVAC, A/C, roof, septic, decks & much more. Home offers 2 beds, 1.75 baths, and an extra finished room that lives like a third bedroom! Soak up the abundance of natural light while taking in the beautiful sound, island, and mountain views. Take it all in with your morning cup of coffee and enjoy the exquisite sunrises. Fully fenced backyard with alley access, RV parking, and possibilities for expansion. Storage shed for your lawn tools and yard toys. Just a short commute to the ferry and naval base!

Last Agent to Sell the Property

Lee Ann Rhoden

Keller Williams Greater 360 License #126259 Listed on: 04/28/2022

Keller Williams Greater 360

Last Buyer's Agent

Jana Salmans

John L. Scott, Inc. License #8227

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1917732

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,346

Year Built

  • Built in 1928

Lot Details

  • 0.26 Acre Lot
  • East Facing Home
  • Dog Run
  • Property is Fully Fenced
  • Level Lot
  • Garden
  • Zoning described as GB - Greenbelt

Property Views

  • Views of a Sound
  • Mountain Views

Home Design

  • Craftsman Architecture
  • Concrete Foundation
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1,263 Sq Ft Home
  • 1-Story Property
  • Storm Windows
  • Finished Basement

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Engineered Wood
  • Laminate
  • Concrete
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Spa Bath

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Location

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

Schools

  • View Ridge Elementary School
  • Mtn View Mid Middle School
  • Bremerton High School

Utilities

  • Central Air
  • Mini Split Air Conditioners
  • Smart Home Wiring
  • Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Illahee Subdivision

Listing and Financial Details

  • Legal Lot and Block 11, 17 & 18 / 14
  • Assessor Parcel Number 44290140110003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,346

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1928
  • Inclusions: Dishwasher,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Building Name: Illahee
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1263
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Basement: Finished
  • Private Spa: Yes
  • Appliances: Dishwasher, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Concrete, Engineered Hardwood, Laminate, Vinyl
  • Interior Amenities: Central A/C, Ductless HP-Mini Split, Ceramic Tile, Concrete, Laminate, Double Pane/Storm Window, Hot Tub/Spa, SMART Wired, Water Heater
  • Living Area: 1263
  • Main Level Bedrooms: 2
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • SquareFootageFinished: 1263
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Microwave,Refrigerator,Stove/Range

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Sound
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Cement Planked
  • Foundation Details: Concrete Ribbon
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage
  • Total Parking Spaces: 1

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Septic System, Electricity Available
  • HeatingCoolingType: Central A/C,Ductless HP-Mini Split,Wall
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: North Perry
  • WaterHeaterLocation: Basement
  • WaterHeaterType: Electric
  • CableConnected: Comcast
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bremerton #100c
  • High School: Bremerton High
  • Middle Or Junior School: Mtn View Mid

Lot Info

  • Parcel Number: 44290140110003
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.26
  • Lot Size Sq Ft: 11326
  • Zoning Description: GB - Greenbelt
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Dog Run,Fenced-Fully,High Speed Internet,Outbuildings,Patio
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: KCR
  • ZoningJurisdiction: County
  • LotNumber: 11, 17 & 18

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3346

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: View Ridge Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
May 2, 2022
Sold by
Wade Leger Brandon and Lynn Stephanie
Bought by
Tell Sean Michael and Terjeson Samantha Jo
Seller's Agent
Lee Ann Rhoden
Keller Williams Greater 360
Buyer's Agent
Jana Salmans
John L. Scott, Inc.
List Price
$470,000
Sold Price
$501,000
Premium/Discount to List
$31,000
6.6%
Current Estimated Value
$460,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,318
Avg. Annual Appreciation
-2.42%
Original Mortgage
$475,949
Outstanding Balance
$449,922
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$10,760

Purchase Details

Listed on
Nov 12, 2020
Closed on
Dec 8, 2020
Sold by
Midas Homes Llc
Bought by
Leger Brandon Wade and Leger Stcphanie Lynn
Seller's Agent
Melisa Wight
Keller Williams Greater 360
Buyer's Agent
Lee Ann Rhoden
Keller Williams Greater 360
List Price
$374,500
Sold Price
$405,000
Premium/Discount to List
$30,500
8.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.04%
Original Mortgage
$384,750
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 15, 2020
Closed on
May 8, 2020
Sold by
Courtney Howard P and Courtney Marie M
Bought by
Midas Homes Llc
Seller's Agent
Teri Hewson
John L. Scott, Inc.
Buyer's Agent
Carol Sue Barker
Windermere RE West Sound Inc.
List Price
$174,500
Sold Price
$191,500
Premium/Discount to List
$17,000
9.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
255.90%
Original Mortgage
$185,250
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 2, 2001
Sold by
Rowan Marvin E and Rowan Gary A
Bought by
Courtney Howard P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
7.12%

Purchase Details

Closed on
Dec 17, 1997
Sold by
Wilson Hazel M
Bought by
Rowan Marvin E and Rowan Gary A
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
Tell Sean Michael -- First American Title
Leger Brandon Wade $405,000 Pacific Northwest Ttl Silver
Midas Homes Llc $191,500 Fidelity National Ttl
Courtney Howard P $90,000 Pacific Nw Title
Rowan Marvin E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tell Sean Michael $475,949
Previous Owner Leger Brandon Wade $384,750
Previous Owner Midas Homes Llc $185,250
Previous Owner Courtney Howard P $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2022 05/23/22 Sold $501,000 +6.6% $397 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
05/01/2022 05/01/22 For Sale $470,000 0.0% $372 / Sq Ft
04/28/2022 04/28/22 For Sale $470,000 +16.0% $372 / Sq Ft
12/17/2020 12/17/20 Sold $405,000 +8.1% $321 / Sq Ft View Prior Sale
11/17/2020 11/17/20 Pending -- -- --
11/12/2020 11/12/20 For Sale $374,500 +95.6% $297 / Sq Ft
05/15/2020 05/15/20 Sold $191,500 +9.7% $232 / Sq Ft View Prior Sale
04/18/2020 04/18/20 Pending -- -- --
04/15/2020 04/15/20 For Sale $174,500 -- $212 / 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 $3,685 $370,690 $130,970 $239,720
2025 $3,685 $370,690 $130,970 $239,720
2024 $3,560 $370,690 $130,970 $239,720
2023 $3,570 $370,690 $130,970 $239,720
2022 $3,345 $307,160 $108,240 $198,920
2021 $1,738 $145,100 $71,920 $73,180
2020 $1,592 $137,030 $67,870 $69,160
2019 $1,451 $123,620 $61,290 $62,330
2018 $1,586 $102,520 $50,650 $51,870
2017 $1,435 $102,520 $50,650 $51,870
2016 $1,355 $91,870 $45,230 $46,640
2015 $1,338 $93,110 $50,100 $43,010
2014 -- $90,320 $50,100 $40,220
2013 -- $90,320 $50,100 $40,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1917732

Northwest Multiple Listing Service (NWMLS)

APN: 4429-014-011-00-03