11 days on rocket

5571 Welfare Ave NE, Bainbridge Island, WA, 98110

$1,948,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Partial Baths
2,560 SqFt
$761/SqFt
House
Schools Nearby

Location

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5571 Welfare Ave NE, Bainbridge Island$1,948,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

ParkingDetached Garage
Garage2 spaces
Year Built1906
BasementYes
FireplaceWood Burning
ViewTerritorial
MLS #2232228
Lot Size0.98 Acres
StatusActive

About 5571 Welfare Ave NE

Originally built is 1904, this coveted estate was completely transformed beginning in 1983 when architect Bernie Baker purchased the property. A magnificent compound designed and fine- tuned by skillfully combining function, materials, color, light and sustainable elements in landscape and natural surroundings that complete this masterpiece. Perfectly situated on an acre w/ western light and lush grounds creating incredible privacy. Three structures complement each other: main residence w/ 3 living levels, separate guest house, and 2-car garage with abundant storage and private office + bath above; a wonderful flex space with many possibilities. The craftsmanship and detail throughout this property must be seen to be understood.

Property Details

Property Features

Property Information:

  • Architectural Style: See Remarks
  • Year Built: 1906
  • Living Area: 2,560 SqFt

Listing Office:

  • Office Name: Windermere RE Bainbridge
  • Listing Agent: Ty Evans

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Ceramic Tile, Engineered Hardwood, Softwood, Hardwood, See Remarks
  • Interior: Ceramic Tile, Fir/Softwood, Hardwood, Bath Off Primary, Double Pane/Storm Window, Dining Room, French Doors, Vaulted Ceiling(s), Walk-In Pantry, Walk-In Closet(s), Fireplace, Water Heater
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Territorial
  • Exterior: Wood

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached Garage

Virtual/3D Tour

  • Virtual Tour: 5571 Welfare Ave NE

Virtual Tour

Lot Features

Lot Information:

  • Lot: Dead End Street
  • Lot Size: 0.98 Acres

School Info

Assigned Schools Information:

  • Woodward Middle School, Public District Grades 7-8
  • Sakai Intermediate School, Public District Grades 5-6
  • Capt Johnston Blakely Elementary School, Public District Grades KG-4

Other

Directions Information:

  • Directions: From 305, turn W on Winslow Way E, R on Madison Ave N, L on Wyatt, L on Eagle Harbor, stay left, then R on Taylor, L on Old Creosote Hill, L on Welfare Ave. Property is on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,948,000
  • Price Per SqFt: $761/SqFt

Tax Information:

  • Annual Amount: $8,174
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Bainbridge Island, WA.

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Bainbridge Island, WA

City

Med. Sold Price

$1.2M

Med. Price/SqFt

$553

Avg. Days On Market

28

# of Sold Homes

30

5571 Welfare Ave NE vs Bainbridge Island

11 DAYS ON ROCKET

-17 Days

$1,948,000

+$748K More

$761/SqFt

+$207 More

KEY TAKEAWAY

This property is $748K more than the Median Sold Price and $207/SqFt more than other homes in Bainbridge Island, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2232228

Listing Office:

  • Office Name: Windermere RE Bainbridge
  • Listing Agent: Ty Evans

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/20/2024, 4:17:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$8,174$822,150
2020$8,285$822,150
2019$7,648$773,360
2018$7,556$681,960
2017$3,118$626,960

History based on county public records data.

Payment Calculator

$9,790

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,907

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4355047
10
/10

  • Capt Johnston Blakely Elementary School

  • 4704 Blakely Ave NE

  • 1.37 miles

  • Public District Grades KG-4

Middle School

school-card-donut-4355048
6
/10

  • Woodward Middle School

  • 9100 Sportsman Club Rd NE

  • 2.40 miles

  • Public District Grades 7-8

school-card-donut-4355049
9
/10

  • Sakai Intermediate School

  • 9343 Sportsman Club Rd NE

  • 2.54 miles

  • Public District Grades 5-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $104,500. The majority of Bainbridge Island, WA residents have income between $100k-200k annually. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5571 Welfare Ave NE

What is the listing price of this property?

The listing price of 5571 Welfare Ave NE property is $1,948,000.

What type of property is this?

The property 5571 Welfare Ave NE is a house located in Bainbridge Island, Washington, 98110.

Is this property for sale now?

Active Listing: 5571 Welfare Ave NE is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5571 Welfare Ave NE are:
Capt Johnston Blakely Elementary School: GreatSchools Rating 10/10
Woodward Middle School: GreatSchools Rating 6/10
Sakai Intermediate School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $8,174 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5571 Welfare Ave NE has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5571 Welfare Ave NE is 2,560 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5571 Welfare Ave NE is 1906.

Rocket Homes›Washington›Kitsap County›Bainbridge Island›98110›5571 Welfare Ave NE

This home is located at 5571 Welfare Ave NE in Bainbridge Island, WA and zip code 98110 in the Eagle Harbor Acre neighborhood. This 2,560 square foot home, which was built in 1906, sits on a 0.98 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $1,948,000.

In April 2024 more than 9 listings in Bainbridge Island, WA were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 10 were sold below. The number of homes for sale in Bainbridge Island, WA increased by 46.8% between March 2024 and April 2024. In April 2024 median list price was $1,200,000 and the average listing age was 28 days.

From Rocket Homes Real Estate and based on county public records data.

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