Listed by Windermere RE Bainbridge
NOT LISTED FOR SALE

648 Madison Ave N Unit 9 Bainbridge Island, WA 98110

Estimated Value: $676,346 - $765,000

2 Beds
2.5 Baths
1,145 Sq Ft
$636/Sq Ft Est. Value

Last Sold October 21, 2020

Last sale price $607,000 $530 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,482/month

4 Days on Market

Highlights

  • Property is near public transit
  • Engineered Wood Flooring
  • Private Yard
  • Bainbridge High School Rated A
  • 1 Fireplace
  • Community Garden

About This Home

As of October 2020

Welcome to popular Madison Cottages! Tucked off Madison Avenue in the heart of Winslow for easy access to town, library & the ferry. This sweet cottage-style home exudes charm. Covered south-facing porch overlooks the front yard...a stone's throw from park/tot lot. Main floor kitchen/living/dining plus powder room & sliding door to private deck and garden. Upstairs find 2 light-filled bedrooms each with en suite bath, plus a laundry room. Attached 1-car garage. Great opportunity to live in town!

Last Agent to Sell the Property

Joanie Ransom

Windermere RE Bainbridge License #2832 Listed on: 09/17/2020

Windermere RE Bainbridge

Co-Listed By

Sarah Sydor

Windermere RE Bainbridge License #25898

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1663896

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,303

Year Built

  • Built in 1994

HOA Fees

  • $183 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Metal Roof
  • Wood Composite

Interior Spaces

  • 1,145 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Insulated Windows
  • Blinds

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Engineered Wood
  • Carpet
  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Home Security

Location

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

Schools

  • Bainbridge Schools Elementary School
  • Woodward Mid Middle School
  • Bainbridge Isl High School

Utilities

  • Water Heater
  • High Speed Internet

Additional Features

  • Balcony
  • Private Yard

Listing and Financial Details

  • Assessor Parcel Number 80900000090005

Community Details

Overview

  • Association fees include common area maintenance, garbage, lawn service, road maintenance
  • 21 Units
  • Mary Ann Smith Association
  • Secondary HOA Phone (206) 310-0610
  • Madison Cottages Condos
  • Winslow Subdivision
  • Park Phone (206) 694-1741 | Manager The Property Group

Pet Policy

  • Pets Allowed

Additional Features

  • Community Garden
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,303

Year Built

Built in 1994

Lot Details

0

HOA Fees

$183 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 32 - Townhouse
  • Year Built: 1994
  • Inclusions: Dishwasher,Dryer,RangeOven,Refrigerator,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Madison Cottages
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1145
  • SeniorExemption: false
  • DwellingType: Detached
  • NumberOfAccessStairs: 1
  • UnitFeatures: Balcony/Deck/Patio,Insulated Windows,Primary Bath,Yard
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Appliances: Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Engineered Hardwood, Laminate, Stone, Carpet
  • Interior Amenities: Laminate, Yard, Cooking-Electric, Dryer-Electric, Washer, Water Heater
  • Stories: 2
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher,Dryer,Range/Oven,Refrigerator,Washer
  • WindowCoverings: blinds

Exterior Features

  • Roof: Metal
  • Lot Features: Curbs, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Structure Type: Townhouse
  • BusLineNearby: true

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: front of garage

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Propane, Garbage
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: garage
  • WaterHeaterType: electric

Condo/Co-op/Association

  • Community Features: Fire Sprinklers, Garden Space, Outside Entry
  • Park Manager Name: The Property Group
  • Park Manager Phone: 206-694-1741
  • Association Fee: 183
  • Association Fee Frequency: Monthly
  • Phone: 206-310-0610
  • Pets Allowed: Yes
  • AssociationContactName: Mary Ann Smith
  • CoOp: false
  • CommonPropertyFeatures: Fire Sprinklers,Garden Space,High Speed Int Avail,Outside Entry

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Lawn Service, Road Maintenance

Schools

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

Lot Info

  • Parcel Number: 80900000090005
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: Kitsap County

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric, Propane

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4303

Multi Family

  • Number Of Units In Community: 21
  • UnitsInBuildingTotal: 1

MLS Schools

  • Elementary School: Bainbridge Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Oct 12, 2020
Sold by
Booth Esther L
Bought by
Collier Sarah M
Seller's Agent
Joanie Ransom
Windermere RE Bainbridge
List Price
$598,000
Sold Price
$607,000
Premium/Discount to List
$9,000
1.51%
Current Estimated Value
$728,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,337
Avg. Annual Appreciation
3.74%
Original Mortgage
$300,000
Outstanding Balance
$266,348
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$461,989

Purchase Details

Closed on
Jun 23, 2008
Sold by
Mackey James C and Mackey Marguerite J M
Bought by
Booth Esther L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
5.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 8, 1994
Sold by
Madison Avenue Development Inc
Bought by
Mackey James C and Mackey Marguerite J M
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
Collier Sarah M $607,000 Pacific Northwest Ttl Silver
Booth Esther L $340,280 Pacific Nw Title
Mackey James C $158,879 Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collier Sarah M $300,000
Previous Owner Booth Esther L $306,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2020 10/21/20 Sold $607,000 +1.5% $530 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $598,000 -- $522 / 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 $5,063 $611,540 -- $611,540
2025 $5,063 $611,540 -- $611,540
2024 $4,840 $611,540 -- $611,540
2023 $5,041 $611,540 $0 $611,540
2022 $4,581 $473,090 $0 $473,090
2021 $4,490 $442,480 $0 $442,480
2020 $4,303 $417,440 $0 $417,440
2019 $3,962 $391,000 $0 $391,000
2018 $3,930 $301,950 $0 $301,950
2017 $3,240 $301,950 $0 $301,950
2016 $2,879 $254,450 $0 $254,450
2015 $2,579 $231,320 $0 $231,320
2014 -- $231,320 $0 $231,320
2013 -- $220,300 $0 $220,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1663896

Northwest Multiple Listing Service (NWMLS)

APN: 8090-000-009-00-05