NOT LISTED FOR SALE

705 Madison Ave N Unit 20 Bainbridge Island, WA 98110

Estimated Value: $708,106 - $791,000

2 Beds
3.5 Baths
1,596 Sq Ft
$464/Sq Ft Est. Value

Last Sold March 21, 2024

Last sale price $718,000 $450 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,133/month

9 Days on Market

Highlights

  • Property is near public transit
  • Territorial View
  • Wood Flooring
  • Bainbridge High School Rated A
  • Vaulted Ceiling
  • 1 Fireplace

About This Home

As of March 2024

Immerse yourself in the in-town lifestyle at this Courtyards on Madison townhome. Stroll to shops, restaurants, parks, the beach, and the ferry. This completely updated townhome has all the amenities one could ask for including an elevator to all floors for easy access. The spacious island kitchen boasts stainless steel appliances and new countertops. A main-level office space is ideal for those working from home. Two light-filled bedrooms offer additional floor plan flexibility (fitness room, guest suite, second office?) And come the 4th of July you have the perfect deck for watching the parade march down Madison. This is easy Island living!

Last Listed By

Ty Evans

Windermere RE Bainbridge License #18714 Listed on: 02/14/2024

Windermere RE Bainbridge

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2196878

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,835

Year Built

  • Built in 2001

Lot Details

  • East Facing Home

HOA Fees

  • $560 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Built-Up Roof
  • Cement Board or Planked

Interior Spaces

  • 1,596 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Insulated Windows
  • Territorial Views

Kitchen

  • Gas Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Location

  • Ground Level Unit
  • Property is near public transit

Schools

  • Woodward Mid Middle School
  • Bainbridge Isl High School

Utilities

  • Heating System Mounted To A Wall or Window
  • Propane
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, garbage, lawn service, road maintenance, sewer, snow removal
  • Andrea Mabanta Winderrmere Eres Association
  • Secondary HOA Phone (206) 201-3701
  • Courtyards On Madison Condos
  • Winslow Subdivision
  • Park Phone (206) 201-3701 | Manager Windermere ERES

Amenities

  • Elevator

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,835

Year Built

Built in 2001

Lot Details

0

HOA Fees

$560 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 32 - Townhouse
  • Year Built: 2001
  • Buyer Agency Compensation: 3
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Townhouse
  • Building Name: Courtyards on Madison
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1596
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 3
  • UnitFeatures: Balcony/Deck/Patio,Ground Floor,Insulated Windows,Primary Bath,Vaulted Ceilings,Walk-in Closet
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2196878?w=Consumer&agent=10222
  • Special Features: None
  • Cumulative Days on Market: 411

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Lower
  • Fireplace Features: See Remarks
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Gas, Dryer-Electric, Washer, Fireplace, Water Heater
  • Stories: 3
  • Bathrooms: 3
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Built-Up
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Cement Planked
  • Structure Type: Townhouse
  • BusLineNearby: true
  • ViewFrom: Unit
  • BusRouteNumber: 90, 99

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: Individual Garage

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Gas,Dryer-Electric,Washer
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Cable TV, Elevator, High Speed Int Avail, Outside Entry
  • Park Manager Name: Windermere ERES
  • Park Manager Phone: 206-201-3701
  • Senior Community: No
  • Association Fee: 560
  • Association Fee Frequency: Monthly
  • Phone: 206-201-3701
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • AssociationContactName: Andrea Mabanta - Winderrmere ERES
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Elevator,High Speed Int Avail,Outside Entry

Fee Information

  • Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Garbage, Lawn Service, Road Maintenance, See Remarks, Sewer, Snow Removal

Schools

  • Junior High Dist: Bainbridge Island
  • High School: Bainbridge Isl
  • Middle Or Junior School: Woodward Mid

Lot Info

  • Parcel Number: 81260000200008
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: County Records

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric, Propane

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4835

Multi Family

  • Number Of Units In Community: 1
  • EnergySource: Electric,Propane
  • UnitsInBuildingTotal: 30

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
Mar 20, 2024
Sold by
Hoopes David G and Hoopes Jeanne M
Bought by
Young Dillon H and Young Samantha L
Seller's Agent
Ty Evans
Windermere RE Bainbridge
Buyer's Agent
Anne Reichard
COMPASS
List Price
$718,000
Sold Price
$718,000
Total Days on Market
9
Views
50
Current Estimated Value
$740,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,027
Avg. Annual Appreciation
2.81%
Original Mortgage
$574,000
Outstanding Balance
$567,753
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$172,274

Purchase Details

Closed on
May 29, 2019
Sold by
705 Madison Ave Llc
Bought by
Hoopes David G and Hoopes Jeanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,500
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 10, 2015
Closed on
Sep 23, 2015
Sold by
Calvert Catherine A and Olson Ronald
Bought by
705 Madison Avenue Llc
Seller's Agent
Ronald Olson
Better Properties Gig Harbor
Buyer's Agent
Brent Lampe
Realty One Group Preview
List Price
$499,000
Sold Price
$469,000
Premium/Discount to List
-$30,000
-6.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%

Purchase Details

Closed on
Aug 22, 2013
Sold by
Jacobs Linda L
Bought by
Calvert Catherine A and Olson Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,688
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2005
Sold by
Ponicsan Darryl
Bought by
Jacobs Linda L

Purchase Details

Closed on
Jul 8, 2002
Sold by
Mckenzie Holdings Llc
Bought by
Ponicsan Darryl

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
Young Dillon H $718,000 Aegis Land Title
Hoopes David G $585,000 Attorneys Title Of Kitsap
705 Madison Avenue Llc $469,000 Pacific Nw Title
Calvert Catherine A $328,641 Pacific Northwest Title Silv
Jacobs Linda L $336,000 Transnation Title
Ponicsan Darryl $289,000 Pacific Nw Title
Ponicsan Darryl -- Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Dillon H $574,000
Previous Owner Hoopes David G $406,000
Previous Owner Hoopes David G $409,500
Previous Owner Calvert Catherine A $262,688
Previous Owner Jacobs Linda $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2024 03/21/24 Sold $718,000 0.0% $450 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $718,000 +53.1% $450 / Sq Ft
10/12/2015 10/12/15 Sold $469,000 0.0% $294 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
08/19/2015 08/19/15 Price Changed $469,000 -6.0% $294 / Sq Ft
08/11/2015 08/11/15 For Sale $499,000 -- $313 / 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 $5,317 $643,830 -- $643,830
2024 $5,083 $643,830 -- $643,830
2023 $4,835 $585,300 $0 $585,300
2022 $5,361 $557,430 $0 $557,430
2021 $5,606 $557,430 $0 $557,430
2020 $5,419 $530,890 $0 $530,890
2019 $4,846 $482,630 $0 $482,630
2018 $5,153 $383,040 $0 $383,040
2017 $4,065 $383,040 $0 $383,040
2016 $3,915 $351,030 $0 $351,030
2015 $3,356 $305,240 $0 $305,240
2014 -- $254,370 $0 $254,370
2013 -- $254,370 $0 $254,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2196878

Northwest Multiple Listing Service (NWMLS)

APN: 8126-000-020-00-08