NOT LISTED FOR SALE

8538 NE Gordon Dr Bainbridge Island, WA 98110

Estimated Value: $1,662,000 - $1,838,213

2 Beds
1 Bath
2,005 Sq Ft
$883/Sq Ft Est. Value

Last Sold November 12, 2020

Last sale price $1,700,000 $848 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $10,847/month

4 Days on Market

Highlights

  • Views of a Sound
  • Docks
  • Fruit Trees
  • Bainbridge High School Rated A
  • RV Access or Parking
  • 5-minute walk to West Port Madison Nature Preserve

About This Home

As of November 2020

Dramatic and uniquely charming contemporary home on a sunny, level no bank waterfront lot with a breathtaking 180 view of West Port Madison Bay and the Sound. Bulkheaded with a platform dock with davit. Sweet property with raised garden beds, fruit trees, and a chicken house on a quiet, friendly dead end street. Circa 1935 home has been beautifully remodeled with new bathrooms and updated kitchen and has wonderful open lines and lovely spaces to entertain in and out.

Last Agent to Sell the Property

Vesna Somers

Windermere RE Bainbridge License #10255 Listed on: 10/09/2020

Windermere RE Bainbridge

Last Buyer's Agent

Ned Hosford

COMPASS License #23007797

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1674071

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,270

Year Built

  • Built in 1935

Lot Details

  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • Partially Fenced Property
  • Level Lot
  • Fruit Trees
  • Garden

Property Views

  • Views of a Sound
  • Mountain Views

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Composition Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Tideland Water Rights
  • Bulkhead
  • Docks
  • Deck
  • Patio
  • Outbuilding

Utilities

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

Additional Features

  • 1 Bathroom
  • Natural lighting in basement

Community Details

  • West Port Madison Community

Listing and Financial Details

  • Assessor Parcel Number 4132000009004

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,270

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 17 - 1 1/2 Stry W/Bsmt
  • Architecture: Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Lower
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Hot Tub/Spa
  • Floor Covering: Hardwood, Vinyl
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Lower Level Bedroom: 2
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Lower
  • Basement: Daylight, Partially Finished
  • Den or Office: Main
  • Kitchen: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Estimated Sq Ft: 2555
  • Square Footage Finished: 2005

Exterior Features

  • Exterior: Wood
  • Foundation: Concrete Block, Post And Block
  • Roof: Composition
  • View: Mountain, Sound
  • Waterfront: Bulkhead, No Bank, Saltwater, Sound, Tideland Rights
  • Waterfront Frontage: 65

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: Forced Air
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Water Heater: basement
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: West Port Madison

Schools

  • Elementary School: Bainbridge Schools
  • Middle School: Woodward Mid
  • High School: Bainbridge Isl
  • School District: BIS

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 20473
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level
  • Parcel Number: 4132000009004
  • Zoning Jurisdiction: City
  • Lot Topography: Fruit Trees, Garden Space, Level

Tax Info

  • Tax Amount: 10642

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Nov 10, 2020
Sold by
Bice Michael S and Bice Kathleen A
Bought by
Overman Matthew and Kapphan Amy Margaret
Seller's Agent
Vesna Somers
Windermere RE Bainbridge
Buyer's Agent
Ned Hosford
COMPASS
List Price
$1,597,000
Sold Price
$1,700,000
Premium/Discount to List
$103,000
6.45%
Total Days on Market
4
Current Estimated Value
$1,770,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,071
Avg. Annual Appreciation
0.89%
Original Mortgage
$1,360,000
Outstanding Balance
$1,223,932
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$546,139

Purchase Details

Closed on
Oct 18, 2018
Sold by
Bice Michael S and Bice Kathleen A
Bought by
Bice Michael S and Bice Kathleen A

Purchase Details

Closed on
Jul 24, 2007
Sold by
Jacobsen Gilbert J and Jacobsen Martha N
Bought by
Bice Michael S and Bice Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Overman Matthew $1,700,000 Pacific Northwest Title
Bice Michael S -- None Available
Bice Michael S $1,150,280 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Overman Matthew $1,360,000
Previous Owner Bice Michael S $246,000
Previous Owner Bice Michael S $382,100
Previous Owner Bice Michael S $350,000
Previous Owner Bice Michael S $275,000
Previous Owner Bice Michael S $125,000
Previous Owner Bice Michael S $787,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2020 11/12/20 Sold $1,700,000 +6.4% $848 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
10/09/2020 10/09/20 For Sale $1,597,000 -- $797 / 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 $11,270 $1,399,520 $952,400 $447,120
2024 $10,769 $1,399,520 $952,400 $447,120
2023 $11,243 $1,399,520 $952,400 $447,120
2022 $10,807 $1,146,420 $793,830 $352,590
2021 $10,498 $1,061,670 $734,420 $327,250
2020 $10,642 $1,061,670 $734,420 $327,250
2019 $9,318 $946,470 $653,420 $293,050
2018 $9,498 $784,930 $540,020 $244,910
2017 $8,150 $784,930 $540,020 $244,910
2016 $5,448 $493,870 $290,530 $203,340
2015 $5,338 $493,870 $290,530 $203,340
2014 -- $437,410 $256,240 $181,170
2013 -- $437,410 $256,240 $181,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1674071

Northwest Multiple Listing Service (NWMLS)

APN: 4132-000-009-00-04