$3,100,000
SOLD AUG 14, 2018

8929 Mandus Olson Rd NE Bainbridge Island, WA 98110

3 Beds
1 Bath
2,163 Sq Ft
9.18 Acres

Recently Sold

$1,433 Per Sq Ft

11% Below List Price

Highlights

  • Indoor Arena
  • Spa
  • Fruit Trees
  • Bainbridge High School Rated A
  • RV Access or Parking
  • Mountain View

About This Home

As of April 2022

Magnificent Island Estate in premier location includes almost 5000 sf of beautifully distinctive living spaces. Gorgeous Moldstad designed 3 bdrm Main House, a 2 bdrm Guest House,+ 3rd-2 story Guest Suite over 4 car garage. Sweeping sunset views of the Olympic Mountains, extensive patios, exceptional landscaping with riding pastures and tennis arena. Perfectly situated for sunset views, this private equestrian paradise is a rare find. The land encompasses almost 10 level sunny acres on 2 parcels

Last Agent to Sell the Property

Eileen Black

John L. Scott, Inc. License #78692 Listed on: 04/05/2018

John L. Scott, Inc.

Last Buyer's Agent

Maureen Buckley

Windermere RE Bainbridge License #4377

Windermere RE Bainbridge

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1268399

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,898

Year Built

  • Built in 1973

Lot Details

  • Gated Home
  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Garden
  • Drought Tolerant Landscaping
  • Property is zoned R2

Property Views

  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace

Kitchen

  • Double Oven
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Wood
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • RV Access or Parking

Outdoor Features

  • Spa
  • Patio
  • Outbuilding

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Indoor Arena

Utilities

  • Propane
  • Well
  • Septic System
  • High Speed Internet

Additional Features

  • Disabled Access
  • Pasture

Listing and Financial Details

  • Assessor Parcel Number 21250210192007

Community Details

Overview

  • Bainbridge Island Community

Recreation

  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,898

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Approved Accessory Dwelling: Main
  • Homebuilder: Hal Molstad/Fairbank Construction
  • Building Information: Additional Dwelling, Built On Lot
  • Entrance Level: Main
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, 2nd Master Br, Wired For Generator, Ceiling Fan(s), Dbl Pane/Storm Windw, French Doors, Hot Tub/Spa, Jetted Tub, Sauna, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Bamboo/Cork, Ceramic Tile, Hardwood
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2163
  • Square Footage Finished: 2163

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Metal
  • View: Mountain, Territorial

Garage/Parking

  • Parking Type: Carport-Attached, Carport-Detached, Garage-Attached, Garage-Detached
  • Total Covered Parking: 10

Utilities

  • Heating And Cooling: Heat Pump
  • Power Company: Puget Sound Energy
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Water Company: COBI
  • Water Heater: Electric
  • Water Source: Individual Well, Public

Condo/Co-op/Association

  • Community Name: Bainbridge Island

Schools

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

Lot Info

  • Lot Details: Corner Lot, Drought Res Landscpe, Paved Street
  • Lot Sq Ft: 399881
  • Lot Topography Vegetation: Equestrian, Fruit Trees, Garden Space, Level, Pasture
  • Parcel Number: 21250210192007
  • Zoning Code: R2
  • Zoning Jurisdiction: City
  • Lot Topography: Equestrian, Fruit Trees, Garden Space, Level, Pasture

Tax Info

  • Tax Amount: 25800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Apr 18, 2022
Sold by
Gillingham Thomas A and Gillingham Balaramisha
Bought by
Domus Consensus Trust
Seller's Agent
Maureen Buckley
Windermere RE Bainbridge
Buyer's Agent
Ty Evans
Windermere RE Bainbridge
List Price
$5,300,000
Sold Price
$5,600,000
Premium/Discount to List
$300,000
5.66%
Current Estimated Value
$2,228,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,371,531
Avg. Annual Appreciation
-23.62%

Purchase Details

Listed on
Apr 5, 2018
Closed on
Aug 6, 2018
Sold by
Phelps Esther M
Bought by
Gillingham Thomas A and Gillingham Balaramisha
Seller's Agent
Eileen Black
John L. Scott, Inc.
Buyer's Agent
Maureen Buckley
Windermere RE Bainbridge
List Price
$3,500,000
Sold Price
$3,100,000
Premium/Discount to List
-$400,000
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.28%
Original Mortgage
$1,499,000
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 28, 2011
Sold by
Adams Gerald E and Adams Tracy L
Bought by
Phelps Esther M

Purchase Details

Closed on
Sep 14, 2011
Sold by
Phelps Jonathan D
Bought by
Phelps Esther M
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed -- New Title Company Name
Warranty Deed $2,723,077 New Title Company Name
Warranty Deed $3,100,000 Pacific Northwest Title Silv
Warranty Deed $1,530,280 Pacific Nw Title
Quit Claim Deed -- Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,499,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2022 04/28/22 Sold $5,600,000 +5.7% $2,589 / Sq Ft
04/09/2022 04/09/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $5,300,000 +71.0% $2,450 / Sq Ft
08/14/2018 08/14/18 Sold $3,100,000 -11.4% $1,433 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $3,500,000 -- $1,618 / 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 $18,898 $2,367,900 $912,600 $1,455,300
2025 $18,898 $2,367,900 $912,600 $1,455,300
2024 $18,056 $2,367,900 $912,600 $1,455,300
2023 $18,324 $2,299,090 $844,600 $1,454,490
2022 $17,582 $1,879,010 $752,150 $1,126,860
2021 $17,676 $1,801,360 $741,640 $1,059,720
2020 $17,033 $1,711,170 $651,450 $1,059,720
2019 $15,356 $1,572,650 $592,670 $979,980
2018 $15,828 $1,335,500 $489,810 $845,690
2017 $13,747 $1,335,500 $489,810 $845,690
2016 $10,578 $971,970 $413,270 $558,700
2015 $9,730 $911,950 $413,270 $498,680
2014 -- $856,850 $409,610 $447,240
2013 -- $680,230 $303,420 $376,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1268399

Northwest Multiple Listing Service (NWMLS)

APN: 212502-1-019-2007