NOT LISTED FOR SALE

12925 N Madison Ave NE Bainbridge Island, WA 98110

Estimated Value: $1,314,000 - $1,753,000

3 Beds
3 Baths
2,043 Sq Ft
$705/Sq Ft Est. Value

Last Sold May 24, 2017

Last sale price $780,000 $382 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $8,736/month

2 Days on Market

Highlights

  • Barn
  • Horses Allowed On Property
  • Fruit Trees
  • Bainbridge High School Rated A
  • RV Access or Parking
  • Secluded Lot

About This Home

As of May 2017

Live island history & modern dreams! 1900 farmhouse on 5 acres potentially could be short plated into 2 lots (buyer to verify). Imagine, farming or gardening on your own 2.5 acres & selling off the second 2.5 acres for a future home site! Embrace the potential for development or just enjoy the 5 acre gentleman’s farm. Let your hobbies rule in the 2 car garage + large studio w/ bath. Great for B&B or Farm to Table. Farmhouse kitchen filled w/light & space is the very heart of this loving home.

Last Listed By

Eileen Black

John L. Scott, Inc. License #78692 Listed on: 05/06/2017

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1118167

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,534

Year Built

  • Built in 1900

Lot Details

  • Open Space
  • Gated Home
  • Property is Fully Fenced
  • Secluded Lot
  • Level Lot
  • Fruit Trees
  • Garden

Home Design

  • Block Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3 Bathrooms
  • 1 Fireplace
  • Territorial Views
  • Partially Finished Basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • RV Access or Parking

Outdoor Features

  • Patio
  • Outbuilding

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Propane
  • Septic System
  • High Speed Internet

Community Details

  • Bainbridge Island Community

Listing and Financial Details

  • Assessor Parcel Number 03250240392009

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,534

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 17 - 1 1/2 Stry W/Bsmt
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wired For Generator, Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Skylights, Walk-In Closet
  • Floor Covering: Ceramic Tile, Fir/Softwood, Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Refrigerator, Washer
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.25
  • Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms Main: 2
  • Three Quarter Bathrooms in the Garage: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Partially Finished
  • Dining Room: Main
  • Extra Finished Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 2043
  • Square Footage Finished: 2043

Exterior Features

  • Exterior: Wood
  • Foundation: Concrete Block, Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

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

Utilities

  • Heating And Cooling: Heat Pump, Stove/Free Standing
  • Power Company: Puget Sound Energy
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Water Company: Kitsap Public Utility District
  • Water Heater: Basement-Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Bainbridge Island

Schools

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

Lot Info

  • Lot Details: Open Space, Secluded
  • Lot Sq Ft: 217800
  • Lot Topography Vegetation: Equestrian, Fruit Trees, Garden Space, Level, Partial Slope, Pasture, Rolling
  • Parcel Number: 03250240392009
  • Zoning Jurisdiction: City
  • Lot Topography: Equestrian, Fruit Trees, Garden Space, Level, Partial Slope, Pasture, Rolling

Tax Info

  • Tax Amount: 6308

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2017
Closed on
May 19, 2017
Sold by
Via Craig A and Via Sonja M
Bought by
Wang Sid and Mar Karen
Seller's Agent
Eileen Black
John L. Scott, Inc.
Buyer's Agent
Caron Anderson & Randi Brown
John L. Scott, Inc.
List Price
$775,000
Sold Price
$780,000
Premium/Discount to List
$5,000
0.65%
Total Days on Market
2
Current Estimated Value
$1,440,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$660,669
Avg. Annual Appreciation
8.03%

Purchase Details

Closed on
Sep 3, 2008
Sold by
Wisner Max M and Wisner Anne
Bought by
Via Craig A and Via Sonja M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

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
Wang Sid -- Attorneys Title Of Kitsap
Via Craig A $840,280 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Via Craig A $640,000
Previous Owner Wisner Max M $157,442
Previous Owner Wisner Max H $360,000
Previous Owner Wisner Max M $306,000
Previous Owner Wisner Max M $306,000
Previous Owner Wisner Max M $306,000
Previous Owner Wisner Max M $300,000
Previous Owner Wisner Max M $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2017 05/24/17 Sold $780,000 +0.6% $382 / Sq Ft
05/09/2017 05/09/17 Pending -- -- --
05/06/2017 05/06/17 For Sale $775,000 -- $379 / 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 $8,534 $1,052,180 $500,000 $552,180
2024 $8,156 $1,029,510 $500,000 $529,510
2023 $8,331 $1,029,510 $500,000 $529,510
2022 $8,044 $847,550 $446,400 $401,150
2021 $7,840 $787,620 $412,300 $375,320
2020 $7,946 $787,620 $412,300 $375,320
2019 $7,140 $720,520 $375,100 $345,420
2018 $7,310 $603,780 $310,000 $293,780
2017 $6,309 $603,780 $310,000 $293,780
2016 $5,478 $496,650 $310,000 $186,650
2015 $5,095 $477,760 $310,000 $167,760
2014 -- $461,700 $310,000 $151,700
2013 -- $461,700 $310,000 $151,700
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1118167

Northwest Multiple Listing Service (NWMLS)

APN: 032502-4-039-2009