5501 Madrona Ave
Bremerton, WA 98311
2 bd 1 ba 825 sqft Built 1928 Lot 11,326 sqft single_family
Most recent sale
$501,000
May 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 23, 2022 | Sold | $501,000 | MLS #1917732 |
| Apr 28, 2022 | Listed | $470,000 | MLS #1917732 |
| Dec 17, 2020 | Sold | $405,000 | MLS #1687852 |
| Nov 13, 2020 | Listed | $374,500 | MLS #1687852 |
| May 15, 2020 | Sold | $172,135 | Public Record |
| Apr 17, 2020 | Listed | $174,500 | MLS #1589168 |
| Mar 9, 2001 | Sold | $90,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $239,720 | $130,970 | $370,690 | $3,733 |
| 2025 | $239,720 | $130,970 | $370,690 | $3,685 |
| 2024 | $239,720 | $130,970 | $370,690 | $3,560 |
| 2023 | $198,920 | $108,240 | $307,160 | $3,570 |
| 2022 | $73,180 | $71,920 | $145,100 | $3,345 |
| 2021 | $73,180 | $71,920 | $145,100 | $1,738 |
| 2020 | $69,160 | $67,870 | $137,030 | $1,592 |
| 2019 | $62,330 | $61,290 | $123,620 | $1,451 |
| 2018 | $56,700 | $55,720 | $112,420 | $1,586 |
| 2017 | $51,870 | $50,650 | $102,520 | $1,435 |
| 2016 | $46,640 | $45,230 | $91,870 | $1,355 |
| 2015 | $43,010 | $50,100 | $93,110 | $1,338 |
| 2014 | $40,220 | $50,100 | $90,320 | $1,338 |
| 2013 | $40,220 | $50,100 | $90,320 | $1,296 |
| 2012 | $40,220 | $50,100 | $90,320 | $1,322 |
| 2011 | $40,220 | $69,580 | $109,800 | $1,338 |
| 2010 | $40,220 | $69,580 | $109,800 | $1,419 |
| 2009 | $51,800 | $75,120 | $126,920 | $1,396 |
| 2008 | $58,360 | $85,360 | $143,720 | $1,395 |
Property facts
Year built
1928
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
825 sqft
Lot size
11,326 sqft
ZIP code
98311
City
Bremerton
Street
Madrona Ave
Coordinates
47.61263, -122.59839
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,898
Gross rental yield
4.55%
Implied cap rate
2.95%
Trend-extrapolated value
—
Frequently asked questions
When did 5501 Madrona Ave last sell?
5501 Madrona Ave most recently sold on May 23, 2022 for $501,000.
What is the current tax assessment for 5501 Madrona Ave?
The most recent total assessment for 5501 Madrona Ave (year 2026) is $370,690 with $3,733 in property tax.
How does 5501 Madrona Ave's assessment compare to its last sale price?
The current assessment is 26.0% below the last sale price of $501,000.
When was 5501 Madrona Ave built?
5501 Madrona Ave was built in 1928.
How does 5501 Madrona Ave compare to others on Madrona Ave?
We track 8 other properties on Madrona Ave. Browse the list under "Other properties on Madrona Ave" to compare beds, baths, and sale history.
What are the property facts for 5501 Madrona Ave?
5501 Madrona Ave is a 2 bed, 1 bath, 825 sqft, 11,326 sqft lot single_family.
Is 5501 Madrona Ave a flip candidate?
Yes — 5501 Madrona Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5501 Madrona Ave a tax-appeal candidate?
No — 5501 Madrona Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.3%
Implied 1-yr
+1.1%
2026 Q3
$494.7K
2026 Q4
$496K
ZIP 98311 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Madrona Ave