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648 Madison Avenue

648 Madison Avenue, Bainbridge Island, WA 98110
Property in Madison Cottages
Sold Oct 21, 2020
$607,000
$300,000 by Tracy Collier Etal
Mortgage
Sold Jun 27, 2008
$340,280
$306,000 by American Mortgage Network Inc
Mortgage Due Jul 01, 2038
Local assessors in Bainbridge Island, WA have categorized 648 Madison Avenue as a residential type of property. The home was built in 1994 and is 30 years old. It was most recently renovated and altered in 1998. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 648 Madison Avenue has a total of 1,145 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Moving onto specific details regarding the building. Our sources show that the building condition is good. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of aluminum. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 648 Madison Avenue was last sold in Oct 12, 2020 for $607,000. According to our calculations, that's $530.13 per sqft. Prior to that sales transaction, the property was sold for $340,280 in Jun 23, 2008. Current property owners are expected to pay $5,041 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 648 Madison Avenue was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $611,540. While improvements to the property were assessed at a total of $611,540. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1994
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Condo
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Aluminium
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,145
  • Gross Building Area: 1,145
  • Building Area: 1,145
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,145
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MADISON COTTAGES
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 9, MADISON COTTAGES ACCORDING TO THE CONDOMINUIM RECORDED IN VOLUME 5 OF CONDOMINIUMS, PAGES 55, 56 AND 57 RECORDS OF KITSAP COUNTY, WASHINGTON; BEING AN AMENDMENT OF VOLUME 5 OF CONDOMINIUMS, PAGES 13, 14 AND 15 SAID COUNTY.

Ownership

  • Current Owner : COLLIER SARAH M
  • Previous Owner : BOOTH ESTHER L
  • Owner Before Previous Owner: MACKEY JAMES C
  • Owner Before Previous Owner 2: MACKEY MARGUERITE J M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bainbridge Island School District
  • School Tax School District: 0215
  • Census Tract: 090901

Zoning

  • Zoning: 14

Geography

  • Assessors Map Reference: M26N
  • Parcel: 8090-000-009-0005
  • Lot: 9
  • Meridian: SEC 26 TWN 25 RNG 2E
  • Municipality: BAINBRIDGE IS.
  • Latitude: 47.6298
  • Longitude: -122.52

    Address

  • Full Address: 648 Madison Ave N
  • Legal Unit: 9
  • Address - House Number: 648
  • Street Segment Direction: N
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Bainbridge Island
  • Carrier Code: R019
  • 4-Digit Zip Code: 2719
  • Zip Code: 98110

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,041
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 0215

    Appraisal Valuation

  • Standard Deviation: 0.2112
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 71
  • Final Value: 714,099
  • High Value: 864,928
  • Low Value: 563,269

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: TRACY COLLIER ETAL
  • First Open Lien Mortgage Recording Date: Oct 21, 2020
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $611,540
  • Market Improvement Value: $611,540

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $611,540
  • Assessed Improvements Value: $611,540

    Sales

  • Current Sale Contract Date: Oct 12, 2020
  • Current Sale Recording Date: Oct 21, 2020
  • Current Sale Transaction ID: 11793204322
  • Current Sale Price: $607,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202010210109
  • Previous Sale Recording Date: Jun 27, 2008
  • Previous Sale Contract Date: Jun 23, 2008
  • Previous Sale Amount: $340,280
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRACY COLLIER ETAL
  • First Mortgage Transaction Date: Oct 21, 2020
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN MORTGAGE NETWORK INC
  • Previous Mortgage Transaction Date: Jun 27, 2008
  • Previous Mortgage Loan Amount: $306,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jul 01, 2038

About Winslow



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Frequently Asked Questions

What neighborhood is 648 Madison Avenue located in?
The 648 Madison Avenue is a located in the neighborhood of Madison Cottages in Winslow, Bainbridge Island.
What is the average sales price for listings in 648 Madison Avenue?
The average sales price for units in 648 Madison Avenue is $0 currently.

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