Listed by The Agency Bainbridge Island, Bought with Windermere Prof Partners
NOT LISTED FOR SALE

8260 NE Hidden Cove Rd Bainbridge Island, WA 98110

Estimated Value: $1,521,000 - $2,877,000

3 Beds
2 Baths
1,771 Sq Ft
$1,349/Sq Ft Est. Value

Last Sold March 01, 2024

Last sale price $2,790,000 $1,575 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $14,326/month

19 Days on Market

Highlights

  • Boathouse
  • Low Bank Waterfront Property
  • Docks
  • Bainbridge High School Rated A
  • Views of a Sound
  • Greenhouse

About This Home

As of March 2024

Perched high above the water with a 270° sweeping view, this spectacular site commands perhaps the single finest vista of historic Port Madison Bay. The one-acre parcel was selected in 1937 by famous naval architect Ed Monk for its stunning scenery and calm, deep water & has a huge dock w/ enough berths for all your boats, and your friends’ boats, too! The charming house was completely renovated in 2021 while thoughtfully retaining special original features like the hardwood floors, niche cupboards & unique staircase. This classic Island setting w/ mature cedars, raised garden beds, greenhouse, henhouse, garage, workshop - & boathouse for your paddleboards and kayaks - will be perfect for fulfilling the ultimate nautical & island lifestyle.

Last Agent to Sell the Property

Mark Middleton

The Agency Bainbridge Island License #24010638 Listed on: 01/19/2024

The Agency Bainbridge Island

Last Buyer's Agent

Michael Tinder

Windermere Prof Partners License #33596

Windermere Prof Partners

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2192429

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,215

Year Built

  • Built in 1937

Lot Details

  • 1.02 Acre Lot
  • Low Bank Waterfront Property
  • 220 Feet of Waterfront
  • Home fronts a sound
  • Property Fronts a Bay or Harbor
  • Partially Fenced Property
  • Brush Vegetation
  • Level Lot
  • Wooded Lot
  • Garden
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • Driveway

Property Views

  • Views of a Sound
  • Bay
  • Territorial

Home Design

  • Craftsman Architecture
  • Block Foundation
  • Poured Concrete
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,771 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • French Doors
  • Dining Room
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Softwood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Bulkhead
  • Boathouse
  • Docks
  • Deck
  • Patio
  • Greenhouse
  • Outbuilding

Location

  • Property is near public transit

Schools

  • Capt. Charles Wilkes Elementary School
  • Sonoji Sakai Inter Middle School
  • Bainbridge Isl High School

Utilities

  • Forced Air Heating System
  • Well
  • Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Port Madison Subdivision

Listing and Financial Details

  • Assessor Parcel Number 34260230312001

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,215

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 17 - 1 1/2 Stry w/Bsmt
  • Year Built: 1937
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher,Dryer,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • New Construction: No
  • CalculatedSquareFootage: 1987
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 682

Interior Features

  • Fireplaces: 1
  • Basement: Unfinished
  • Appliances: Dishwasher, Dryer, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Softwood, Hardwood
  • Interior Amenities: Ceramic Tile, Fir/Softwood, Hardwood, Double Pane/Storm Window, Dining Room, French Doors, Security System, Vaulted Ceiling(s), Walk-In Closet(s), Fireplace, Water Heater
  • Living Area: 1771
  • Main Level Bedrooms: 1
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1771
  • SquareFootageUnfinished: 216
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher,Dryer,Refrigerator,Stove/Range,Washer
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Metal
  • View: Bay, See Remarks, Sound, Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront Features: Bank-Low, Bay/Harbor, Bulkhead, Sound
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Block, Post & Block, Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: true
  • WaterfrontFootage: 220' Plus

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Detached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: 3 Bedroom Septic
  • WaterCompany: Private Well
  • WaterHeaterType: Electric
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bainbridge Island
  • High School: Bainbridge Isl
  • Middle Or Junior School: Sonoji Sakai Inter

Lot Info

  • Parcel Number: 34260230312001
  • Topography: Level,PartialSlope,Sloped,Terraces
  • Land Lease: No
  • Lot Size Acres: 1.02
  • Lot Size Sq Ft: 44431
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Boat House,Deck,Dock,Fenced-Partially,Green House,High Speed Internet,Moorage,Outbuildings,Patio,Shop
  • MLSLotSizeSource: County Records
  • MLSSquareFootageSource: County Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Oil

Tax Info

  • Year: 2023
  • Tax Annual Amount: 14215

Multi Family

  • EnergySource: Electric,Oil

MLS Schools

  • Elementary School: Capt. Charles Wilkes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
Feb 22, 2024
Sold by
Naturalaska Llc
Bought by
Hummingbird Trust and Bessolo
Seller's Agent
Mark Middleton
The Agency Bainbridge Island
Buyer's Agent
Michael Tinder
Windermere Prof Partners
List Price
$2,750,000
Sold Price
$2,790,000
Premium/Discount to List
$40,000
1.45%
Views
34
Current Estimated Value
$2,389,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$400,931
Avg. Annual Appreciation
-9.89%

Purchase Details

Listed on
Aug 27, 2021
Closed on
Aug 9, 2021
Sold by
Wade Melinda L and Vchuluk Daron J
Bought by
Naturalaska Llc
Seller's Agent
Chris Miller
Windermere RE Bainbridge
Buyer's Agent
Mark Middleton
The Agency Bainbridge Island
List Price
$2,195,000
Sold Price
$2,600,000
Premium/Discount to List
$405,000
18.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.88%

Purchase Details

Closed on
Oct 25, 2007
Sold by
Carlson Brenda M and Schmidt Stephanie
Bought by
Wade Melinda L and Vchulek Daron J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 20, 2003
Sold by
Gardner Melinda Lee
Bought by
Carlson Brenda M and Wade Stephanie

Purchase Details

Closed on
Aug 16, 2002
Sold by
Port Madison Boathouse Llc and Wade Larry
Bought by
Estate Of Larry & Judith Wade

Purchase Details

Closed on
Dec 5, 2000
Sold by
Wade Larry and Wade Judith
Bought by
Port Madison Boathouse Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
7.66%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 13, 2000
Sold by
Monk Anna Mary
Bought by
Wade Larry and Wade Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
7.66%
Mortgage Type
Seller Take Back
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
Hummingbird Trust $2,790,000 Pacific Northwest Title
Naturalaska Llc $2,600,000 Pacific Northwest Ttl Bainb
Wade Melinda L $1,100,280 Transnation Title Ins Co
Carlson Brenda M -- --
Carlson Brenda M -- --
Estate Of Larry & Judith Wade $568,876 Pacific Nw Title
Port Madison Boathouse Llc $640,000 Pacific Nw Title
Wade Larry -- Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wade Melinda $11,683
Previous Owner Vchulek Daron J $250,000
Previous Owner Wade Melinda L $880,000
Previous Owner Port Madison Boathouse Llc $555,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Sold $2,790,000 +1.5% $1,575 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
01/19/2024 01/19/24 For Sale $2,750,000 +5.8% $1,553 / Sq Ft
09/09/2021 09/09/21 Sold $2,600,000 +18.5% $1,310 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $2,195,000 -- $1,106 / 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 $15,707 $1,962,870 $1,077,130 $885,740
2024 $13,623 $1,778,880 $1,077,130 $701,750
2023 $14,215 $1,777,170 $1,077,130 $700,040
2022 $6,465 $676,830 $579,630 $97,200
2021 $6,357 $634,840 $538,220 $96,620
2020 $6,180 $608,160 $511,880 $96,280
2019 $7,160 $722,640 $455,420 $267,220
2018 $7,379 $613,980 $376,380 $237,600
2017 $6,412 $613,980 $376,380 $237,600
2016 $10,138 $930,980 $739,920 $191,060
2015 $9,930 $930,980 $739,920 $191,060
2014 -- $829,770 $652,570 $177,200
2013 -- $829,770 $652,570 $177,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2192429

Northwest Multiple Listing Service (NWMLS)

APN: 342602-3-031-2001