NOT LISTED FOR SALE

7555 Madrona Dr NE Bainbridge Island, WA 98110

Estimated Value: $1,175,000 - $1,561,000

2 Beds
2 Baths
2,499 Sq Ft
$530/Sq Ft Est. Value

Last Sold June 18, 2018

Last sale price $727,000 $291 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $7,755/month

8 Days on Market

Highlights

  • Waterfront Community
  • Views of a Sound
  • Northwest Architecture
  • Bainbridge High School Rated A
  • Deck
  • 4-minute walk to Camp Yeomalt

About This Home

As of June 2018

Rare investment opportunity. Architecturally designed 2 bed/2 bath home on .43 flat acre, with striking Puget Sound views. The main home is one level with vaulted ceilings, exposed beams, bonus loft, and is just the right size for easy living. There are also two separate, private guest suites - one with kitchen (another 1,182 sq. ft. for 2,499 total) over the detached 2 car garage, plus shop space and 2 laundry areas. Deeded beach access to one of the best beaches on Bainbridge. Close to ferry.

Last Agent to Sell the Property

Jennifer Pells

Windermere RE Bainbridge License #27968 Listed on: 05/29/2018

Windermere RE Bainbridge

Last Buyer's Agent

Ty Evans

Windermere RE Bainbridge License #18714

Windermere RE Bainbridge

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1297814

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,789

Year Built

  • Built in 1985

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Garden
  • Value in Land

Parking

  • Detached Garage

Property Views

  • Views of a Sound
  • Mountain Views

Home Design

  • Northwest Architecture
  • Concrete Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2 Fireplaces

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 42040030030007

Community Details

Overview

  • Yeomalt Point Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,789

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 15 - Multi Level
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, Bath Off Master, Dining Room, Vaulted Ceilings
  • Floor Covering: Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 3
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.00
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1308
  • Square Footage Finished: 2499

Exterior Features

  • Exterior: Wood
  • Foundation: Concrete Ribbon
  • Roof: Composition
  • View: Mountain, Sound

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Baseboard
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Sewer Company: 3-bdrm septic
  • Water Company: COBI
  • Water Heater: closet & garage-electric x 3
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Yeomalt Point
  • Community Features: CCRs, Community Waterfront/Pvt Beach

Schools

  • Elementary School: Bainbridge Schools
  • Middle School: Buyer To Verify
  • High School: Bainbridge Isl
  • School District: BIS

Lot Info

  • Lot Details: Value In Land
  • Lot Sq Ft: 18731
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 42040030030007
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 7634

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2019
Sold by
Conner Michele A
Bought by
Conner Dennis L
Current Estimated Value
$1,324,612

Purchase Details

Listed on
May 29, 2018
Closed on
Jun 15, 2018
Sold by
Price Sabine Gertrud
Bought by
Conner Dennis L and Conner Michele A
Seller's Agent
Jennifer Pells
Windermere RE Bainbridge
Buyer's Agent
Ty Evans
Windermere RE Bainbridge
List Price
$698,000
Sold Price
$727,000
Premium/Discount to List
$29,000
4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%

Purchase Details

Closed on
Jun 27, 2001
Sold by
Price Christopher Bailey
Bought by
Price Sabine Gertrud
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
Conner Dennis L -- Pacific Northwest Title
Conner Dennis L $727,000 Attorneys Title Of Kitsap Po
Price Sabine Gertrud -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2018 06/18/18 Sold $727,000 +4.2% $291 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
05/29/2018 05/29/18 For Sale $698,000 -- $279 / 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 $8,789 $1,084,580 $354,760 $729,820
2025 $8,789 $1,084,580 $354,760 $729,820
2024 $8,399 $1,084,580 $354,760 $729,820
2023 $8,764 $1,084,590 $354,770 $729,820
2022 $8,180 $862,330 $278,550 $583,780
2021 $7,483 $750,900 $241,990 $508,910
2020 $7,117 $703,420 $226,330 $477,090
2019 $7,494 $757,320 $221,100 $536,220
2018 $7,634 $600,480 $174,100 $426,380
2017 $6,275 $600,480 $174,100 $426,380
2016 $6,914 $630,490 $167,410 $463,080
2015 $6,294 $570,920 $167,410 $403,510
2014 -- $519,310 $167,410 $351,900
2013 -- $519,310 $167,410 $351,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1297814

Northwest Multiple Listing Service (NWMLS)

APN: 4204-003-003-00-07