Check Availability

4505 Palomino Drive

4505 Palomino Drive, Bainbridge Island, WA 98110
Sold Jul 21, 2021
$975,000
$780,000 by Movement Mortgage
Mortgage Due Aug 01, 2051
4505 Palomino Drive has been categorized by the local assessors in Bainbridge Island, WA as a residential type of property. The building on the property was first built in 1976 and is 48 years old. However, we must point out that the home was most recently renovated and altered in 1993. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4505 Palomino Drive has 2,182 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 45,738 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 572 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4505 Palomino Drive was last sold in Jul 15, 2021 for $975,000. According to our calculations, that's $354.03 per sqft. Current property owners are expected to pay $7,405 in taxes per year. The property on 4505 Palomino Drive was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $911,910. To break that down further, the land itself was valued at $287,490. While improvements to the property were assessed at a total of $624,420. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 572
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 45,738
  • Total Building Area: 2,754
  • Gross Building Area: 2,754
  • Building Area: 2,182
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,182
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BAINBRIDGE VIEW ESTATES
  • Land Acres: 1.05
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 51, BAINBRIDGE VIEW ESTATES, AS RECORDED IN VOLUME 17 OF PLATS, PAGES 71 TO 75, RECORDS OF KITSAP COUNTY, WASHINGTON.

Ownership

  • Current Owner : HOLLAND MATTHEW JOHN
  • Current Owner 2: HOLLAND DANIELLE JEANNE
  • Previous Owner : NEILL KIM
  • Previous Owner 2: NEILL CHRISTI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bainbridge Island School District
  • School Tax School District: 0215
  • Census Tract: 091001

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: S05E
  • Parcel: 4209-000-051-0009
  • Lot: 51
  • Meridian: SEC 05 TWN 24 RNG 2E
  • Municipality: BAINBRIDGE IS.
  • Latitude: 47.604
  • Longitude: -122.568

    Address

  • Full Address: 4505 Palomino Dr Ne
  • Address - House Number: 4505
  • Street Segment Direction: NE
  • Address - Street Name: Palomino
  • Address - Suffix Type: Dr
  • State: WA
  • City Name: Bainbridge Island
  • Carrier Code: R006
  • 4-Digit Zip Code: 4014
  • Zip Code: 98110

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,405
  • Tax Rate Code Area: 0215

    Appraisal Valuation

  • Standard Deviation: 0.2063
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 72
  • Final Value: 1,225,226
  • High Value: 1,477,997
  • Low Value: 972,455

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $780,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 21, 2021
  • First Open Lien Mortgage Loan Amount: $780,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $911,910
  • Market Land Value: $287,490
  • Market Improvement Value: $624,420

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $911,910
  • Assessed Land Value: $287,490
  • Assessed Improvements Value: $624,420

    Sales

  • Current Sale Contract Date: Jul 15, 2021
  • Current Sale Recording Date: Jul 21, 2021
  • Current Sale Transaction ID: 11843610857
  • Current Sale Price: $975,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202107210175

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Jul 21, 2021
  • First Mortgage Loan Amount: $780,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

About Crystal Springs



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 4505 Palomino Drive located in?
The 4505 Palomino Drive is a located in the neighborhood of Bainbridge View Estates in Crystal Springs, Bainbridge Island.
What is the average sales price for listings in 4505 Palomino Drive?
The average sales price for units in 4505 Palomino Drive is $0 currently.

Nearby Counties
Quantcast