Listed by Bainbridge Homes Real Estate, Bought with The Agency Bainbridge Island
NOT LISTED FOR SALE

8022 NE Hidden Cove Rd Bainbridge Island, WA 98110

Estimated Value: $1,673,000 - $2,667,000

2 Beds
2 Baths
2,934 Sq Ft
$717/Sq Ft Est. Value

Last Sold August 12, 2015

Last sale price $890,000 $303 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $12,280/month

14 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Views of a Sound
  • Deck
  • Bainbridge High School Rated A
  • Docks
  • Wood Flooring

About This Home

As of August 2015

Prelim Charles Pollmar 3bdrm septic design complete. Vintage West facing mid-century wtrfrt with dock and potential deepwater moorage. All rooms oriented to the sun, water and view of this sought after cove. Extensive remodel, Jim Cutler design, formal dining room and sunroom, large eat-in kitchen with two ovens, center island and planning desk. Two decks with french door access from the sunroom, one covered, one open. Roast marshmallows, dive off the dock, launch your kayak. Best of Bainbridge.

Last Agent to Sell the Property

Dave Manning

Bainbridge Homes Real Estate Listed on: 11/04/2014

Last Buyer's Agent

Mark Middleton

The Agency Bainbridge Island License #24010638

The Agency Bainbridge Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM713901

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,065

Year Built

  • Built in 1950

Lot Details

  • Low Bank Waterfront Property
  • Dog Run
  • Sloped Lot
  • Garden

Parking

  • Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Views of a Sound
  • Partially Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Bulkhead
  • Docks
  • Deck

Utilities

  • Propane
  • Shared Well
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Port Madison Community

Listing and Financial Details

  • Assessor Parcel Number 04250210042005

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,065

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1950
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, Skylights, Solarium/Atrium, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Partially Finished
  • Den or Office: Main
  • Dining Room: Main
  • Extra Finished Room: Upper
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2934
  • Square Footage Finished: 2934

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition, Metal
  • View: Sound
  • Waterfront: Bank-Low, Bulkhead, Sound
  • Waterfront Frontage: 97

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Water Heater: Basement-Electric
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Name: Port Madison

Schools

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

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 23522
  • Lot Topography Vegetation: Garden Space, Sloped
  • Parcel Number: 04250210042005
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Sloped

Tax Info

  • Tax Amount: 8050

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2014
Closed on
Jul 24, 2015
Sold by
Olson Eric E and Olson Courtney W
Bought by
Fernandes Paul Francis and Fernandes Kyler Jennifer
Seller's Agent
Dave Manning
Bainbridge Homes Real Estate
Buyer's Agent
Mark Middleton
The Agency Bainbridge Island
List Price
$899,000
Sold Price
$890,000
Premium/Discount to List
-$9,000
-1%
Current Estimated Value
$2,103,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,213,514
Avg. Annual Appreciation
8.86%
Original Mortgage
$712,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 2, 2002
Sold by
Bell Gordon E and Bell Mary C
Bought by
Olson Eric E and Olson Courtney W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
6.78%
Mortgage Type
Stand Alone First
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
Fernandes Paul Francis $890,000 Pacific Nw Title
Olson Eric E $645,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandes Paul Francis $712,000
Previous Owner Olson Eric E $516,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2015 08/12/15 Sold $890,000 -1.0% $303 / Sq Ft
11/20/2014 11/20/14 Pending -- -- --
11/05/2014 11/05/14 For Sale $899,000 -- $306 / 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 $14,065 $1,754,370 $544,530 $1,209,840
2025 $14,065 $1,754,370 $544,530 $1,209,840
2024 $13,439 $1,754,370 $544,530 $1,209,840
2023 $14,036 $1,754,370 $544,530 $1,209,840
2022 $11,292 $1,198,820 $431,490 $767,330
2021 $11,007 $1,114,100 $400,670 $713,430
2020 $10,658 $1,063,290 $381,060 $682,230
2019 $9,355 $950,340 $339,030 $611,310
2018 $9,540 $789,390 $280,190 $509,200
2017 $8,195 $789,390 $280,190 $509,200
2016 $8,538 $781,870 $365,170 $416,700
2015 $8,363 $781,870 $365,170 $416,700
2014 -- $698,040 $322,060 $375,980
2013 -- $698,040 $322,060 $375,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM713901

Northwest Multiple Listing Service (NWMLS)

APN: 042502-1-004-2005