4 months on rocket

707 Madrona Way, Coupeville, WA, 98239

$1,199,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,603 SqFt
$461/SqFt
House

Location

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707 Madrona Way, Coupeville$1,199,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Year Built1950
HeatingBaseboard, Other
CoolingNone
ViewBay, Mountain(s), Partial
MLS #2264358
Lot Size0.59 Acres
StatusActive

About 707 Madrona Way

Nestled above picturesque Penn Cove, with the charming downtown waterfront just a quick lovely stroll away, this property offers a rare opportunity. Currently fully rented, its ideal for investors seeking steady income or homeowners looking to offset costs by renting out additional units. Recent upgrades such as new roofs, gutters, siding, and updated plumbing and electrical systems ensure peace of mind. Views from all three units plus private back patios on the duplex. Each unit maintains separate water and electric meters for convenience and efficiency. Discover a blend of coastal beauty and practicality in this versatile investment opportunity.

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 1
  • Living Area: 2,603 SqFt

Listing Office:

  • Office Name: RE/MAX Gateway
  • Office Phone: (360) 982-3249
  • Listing Agent: Adam Baldwin

Interior Features

Interior Information:

  • Flooring Type: Vinyl, Vinyl Plank, Carpet
  • Interior: Wall to Wall Carpet

Exterior Features

Exterior Information:

  • View: Bay, Mountain(s), Partial
  • Exterior: Cement Planked

Lot Features

Lot Information:

  • Lot: Open Lot, Paved
  • Lot Size: 0.59 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Other
  • Cooling: None

Other

Directions Information:

  • Directions: From Hwy 20, head South on Madrona Way, home will be on the right just before you enter Coupeville

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,199,000
  • Price Per SqFt: $461/SqFt
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Housing Market Comparison

See how this home compares to others in Coupeville, WA.

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Coupeville, WA

City

Med. Sold Price

$627.5K

Med. Price/SqFt

$385

Avg. Days On Market

45

# of Sold Homes

16

707 Madrona Way vs Coupeville

133 DAYS ON ROCKET

+88 Days

$1,199,000

+$571.5K More

$461/SqFt

+$75 More

KEY TAKEAWAY

This property is $571.5K more than the Median Sold Price and $75/SqFt more than other homes in Coupeville, WA.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2264358

Listing Office:

  • Office Name: RE/MAX Gateway
  • Office Phone: (360) 982-3249
  • Listing Agent: Adam Baldwin

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: 11/23/2024, 1:47:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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.

Nearby Schools

school-card-donut-858816
5
/10

  • Coupeville Elementary School

  • 6 S Main St

  • 0.62 miles

  • Public District Grades PK-5

school-card-donut-858817
7
/10

  • Broad View Elementary School

  • 473 SW Fairhaven Dr

  • 5.41 miles

  • Public District Grades KG-4

school-card-donut-858818
5
/10

  • Oak Harbor Intermediate School

  • 150 SW 6th Ave

  • 5.46 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 $67,780. Residents of Coupeville, WA typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 707 Madrona Way

What is the listing price of this property?

The listing price of 707 Madrona Way property is $1,199,000.

What type of property is this?

The property 707 Madrona Way is a house located in Coupeville, Washington, 98239.

Is this property for sale now?

Active Listing: 707 Madrona Way is For Sale (Active/New) which means the seller is accepting offers.

What is the square footage of this property?

The property 707 Madrona Way is 2,603 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 707 Madrona Way is 1950.

Rocket Homes›Washington›Island County›Coupeville›98239›707 Madrona Way

This home is located at 707 Madrona Way in Coupeville, WA and zip code 98239. This 2,603 square foot home, which was built in 1950, sits on a 0.59 acre lot. It has been listed on Rocket Homes since July 12, 2024 and is currently priced at $1,199,000.

In October 2024, from all listings sold in Coupeville, WA there were more than 4 sold above asking price, over 8 sold below and more than 4 were sold right at the asked price. The number of listings in Coupeville, WA decreased by 1.4% between September 2024 and October 2024. The median list price of listings available in October 2024 was $627,500, while the average time on the real estate market was 45 days.

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

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