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7332 Madrona Drive

7332 Madrona Drive, Bainbridge Island, WA 98110
Property in Madrono
Sold Jan 05, 2023
$3,800,000
Sold Oct 13, 2020
$2,775,000
$1,942,500 by Wells Fargo Bank Na
Mortgage Due Nov 01, 2050
7332 Madrona Drive in Bainbridge Island, WA was first built in 2004 and is 20 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 7332 Madrona Drive has 3,586 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 28,749 square feet.

Learn more about the property and building on this page. There is a patio. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a detached garage. The garage is 850 sqft. There are a total of 3 available parking spaces. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood siding. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7332 Madrona Drive sold most recently in Dec 28, 2022 for a total of $3,800,000. If you work out the math, that's approximately a cost of $1,059.68 per sqft. Before that, the property was also sold for $2,775,000 in Oct 1, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $24,615 in taxes each year. 7332 Madrona Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $3,239,620. If we break it down further, the land itself was valued at $1,310,330. Improvements to the property, however, were assessed at a total of $1,929,290. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 850
  • Parking Space Count: 3
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 28,749
  • Lot Size Frontage Feet: 700
  • Total Building Area: 3,586
  • Gross Building Area: 3,586
  • Building Area: 3,586
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,586
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MADRONO SUBDIVISION
  • Land Acres: 0.66
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE NORTH 70 FEET OF LOT 7, BLOCK 4, OF MADRONO SUBDIVISION, AS PER PLAT RECORDED IN VOLUME 4 OF PLATS, PAGE 86, RECORDS OF KITSAP COUNTY, WASHINGTON, AS MEASURED ALONG YEOMALT AVENUE; TOGETHER WITH THAT PORTION OF VACATED WASHINGTON AVENUE ADJOINING

Ownership

  • Current Owner : BAC REVOCABLE TRUST
  • Previous Owner : DEBRA R SCHOENBERG TRUST
  • Owner Before Previous Owner: ROGERS DANIEL C
  • Owner Before Previous Owner 2: ROGERS CRYSTAL C
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Bainbridge Island School District
  • School Tax School District: 0215
  • Census Tract: 090902

Zoning

  • Zoning: R-2.9

Geography

  • Assessors Map Reference: M25W
  • Subdivision Tract Number: AND
  • Parcel: 4113-004-007-0100
  • Block: 4
  • Lot: 7
  • Meridian: SEC 25 TWN 25 RNG 2E
  • Municipality: BAINBRIDGE IS.
  • Latitude: 47.6299
  • Longitude: -122.494

    Address

  • Full Address: 7332 Madrona Dr Ne
  • Address - House Number: 7332
  • Street Segment Direction: NE
  • Address - Street Name: Madrona
  • Address - Suffix Type: Dr
  • State: WA
  • City Name: Bainbridge Island
  • Carrier Code: R005
  • 4-Digit Zip Code: 2960
  • Zip Code: 98110

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $24,615
  • Tax Rate Code Area: 0215

    Appraisal Valuation

  • Standard Deviation: 0.1617
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 3,504,895
  • High Value: 4,071,812
  • Low Value: 2,937,977

    Market Valuation

  • Market Total Value: $3,239,620
  • Market Land Value: $1,310,330
  • Market Improvement Value: $1,929,290

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $3,239,620
  • Assessed Land Value: $1,310,330
  • Assessed Improvements Value: $1,929,290

    Sales

  • Current Sale Contract Date: Dec 28, 2022
  • Current Sale Recording Date: Jan 05, 2023
  • Current Sale Transaction ID: 11900508562
  • Current Sale Price: $3,800,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 25
  • Previous Sale Recording Date: Oct 13, 2020
  • Previous Sale Contract Date: Oct 01, 2020
  • Previous Sale Amount: $2,775,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Oct 13, 2020
  • Previous Mortgage Loan Amount: $1,942,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2050

About Wing Point



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Nearby Rentals

Unit for rent at 360 Knechtel Way Ne, Bainbridge Island, WA, 98110

$4,375 /mo

  • 3 Beds
  • 2 Baths
360 Knechtel Way Ne #207, Bainbridge Island, WA, 98110 Listing by Dawn Clay

Frequently Asked Questions

What neighborhood is 7332 Madrona Drive located in?
The 7332 Madrona Drive is a located in the neighborhood of Madrono in Wing Point, Bainbridge Island.
What is the average sales price for listings in 7332 Madrona Drive?
The average sales price for units in 7332 Madrona Drive is $0 currently.

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