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5571 Welfare Ave

Bainbridge Island, WA 98110

3 bd 3 ba 2,560 sqft Built 1906 Lot 42,689 sqft single_family
Most recent sale
$1,700,000
Aug 16, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 16, 2024 Sold $1,700,000 NWMLS
Jul 8, 2024 Price changed $1,848,000 NWMLS
May 8, 2024 Listed $1,948,000 NWMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $938,230 $297,800 $1,236,030 $11,924
2025 $938,230 $297,800 $1,236,030 $9,981
2024 $938,230 $297,800 $1,236,030 $9,538
2023 $654,990 $226,030 $881,020 $9,956
2022 $613,040 $209,110 $822,150 $8,353
2021 $613,040 $209,110 $822,150 $8,174
2020 $578,080 $195,280 $773,360 $8,285
2019 $512,820 $169,140 $681,960 $7,648
2018 $473,200 $153,760 $626,960 $7,555
2017 $45,290 $153,760 $199,050 $3,118
2016 $430 $153,760 $154,190 $2,284
2015 $153,760 $153,760 $1,768
2014 $298,990 $153,760 $452,750 $1,889
2012 $161,200 $161,200 $1,899
2011 $178,560 $178,560 $1,951
2010 $223,200 $223,200 $2,282
2009 $2,570 $248,000 $250,570 $2,243
2008 $415,890 $218,310 $634,200 $5,330

Property facts

Year built
1906
Property type
single_family
Stories
3
Beds
3
Baths
3
Living area
2,560 sqft
Lot size
42,689 sqft
ZIP code
98110
City
Bainbridge Island
Street
Welfare Ave
Coordinates
47.61390, -122.50833

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,888
Gross rental yield
4.16%
Implied cap rate
2.70%
Trend-extrapolated value

Frequently asked questions

When did 5571 Welfare Ave last sell?
5571 Welfare Ave most recently sold on Aug 16, 2024 for $1,700,000.
What is the current tax assessment for 5571 Welfare Ave?
The most recent total assessment for 5571 Welfare Ave (year 2026) is $1,236,030 with $11,924 in property tax.
How does 5571 Welfare Ave's assessment compare to its last sale price?
The current assessment is 27.3% below the last sale price of $1,700,000.
When was 5571 Welfare Ave built?
5571 Welfare Ave was built in 1906.
How does 5571 Welfare Ave compare to others on Welfare Ave?
We track 6 other properties on Welfare Ave. Browse the list under "Other properties on Welfare Ave" to compare beds, baths, and sale history.
What are the property facts for 5571 Welfare Ave?
5571 Welfare Ave is a 3 bed, 3 bath, 2,560 sqft, 42,689 sqft lot single_family.
Is 5571 Welfare Ave a flip candidate?
No — 5571 Welfare Ave does not appear in our flips dataset.
Is 5571 Welfare Ave a tax-appeal candidate?
No — 5571 Welfare Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.2%
Implied 1-yr
+4.8%
2026 Q3
$1.55M
2026 Q4
$1.57M
ZIP 98110 — Median Price History + Forecast

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