J
Seller's Agent in 2024
James Laurie
Coldwell Banker Bain
Listed by Coldwell Banker Bain, Bought with Specialty Real Estate Group
1 Wembley Ln Mercer Island, WA 98040
Forest Avenue NeighborhoodEstimated Value: $1,739,000 - $2,222,000
4
Beds
3
Baths
2,300
Sq Ft
$866/Sq Ft
Est. Value
Highlights
- Deck
- Property is near public transit
- Vaulted Ceiling
- Island Park Elementary School Rated A
- Territorial View
- Modern Architecture
About This Home
As of March 2024Experience Mercer Island’s famed mid-century modern at 1 Wembley Lane, just 10 mins from Seattle or Bellevue! Impeccably updated with 4 bedrooms, spacious primary suite, and theater. As the new owner, you also own part of the exclusive Wembley Lane pool. In the prime Mercer Island School District, this home radiates supreme value, comfort, and convenience. Renowned architect Seth Fulcher, designed this unique gem, featured on The American Home Magazine cover. Voted the "Best home for the Money in the State of Washington" and praised by national magazines. 1 Wembley Lane is not just a residence; it's a living legacy of architectural excellence, offering a chance to own history in the heart of Mercer Island. Welcome to extraordinary living!
Last Agent to Sell the Property
James Laurie
Coldwell Banker Bain License #110427 Listed on: 02/01/2024
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2196121
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,384
Year Built
- Built in 1958
Lot Details
- 9,630 Sq Ft Lot
- South Facing Home
- Partially Fenced Property
- Corner Lot
- Sprinkler System
- Property is in very good condition
HOA Fees
- $125 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Driveway
- Off-Street Parking
Home Design
- Modern Architecture
- Split Foyer
- Brick Exterior Construction
- Slab Foundation
- Poured Concrete
- Bitumen Roof
- Wood Siding
Interior Spaces
- 2,300 Sq Ft Home
- Multi-Level Property
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Wood Burning Fireplace
- Territorial Views
- Finished Basement
- Natural lighting in basement
Kitchen
- Oven or Range
- Stove
- Microwave
- Dishwasher
- Disposal
Flooring
- Ceramic Tile
- Vinyl Plank
- Vinyl
Bedrooms and Bathrooms
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Storm Windows
Outdoor Features
- Deck
Location
- Property is near public transit
- Property is near a bus stop
Schools
- Island Park Elementary School
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- Ductless Heating Or Cooling System
- Forced Air Heating System
- High Efficiency Heating System
- Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- Shira Levin Association
- Secondary HOA Phone (206) 890-2666
- Built by E.B. Vaughters/Seth M. Fulcher
- Mid Island Subdivision
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Assessor Parcel Number 7598100512
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2024
Closed on
Mar 13, 2024
Sold by
Laurie James R and Laurie Tracy L
Bought by
Hsieh Ronan Wenhan
Seller's Agent
James Laurie
Coldwell Banker Bain
Buyer's Agent
Ying Chen
Specialty Real Estate Group
List Price
$1,699,000
Sold Price
$1,700,000
Premium/Discount to List
$1,000
0.06%
Views
95
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,693
Avg. Annual Appreciation
10.87%
Original Mortgage
$1,150,000
Outstanding Balance
$1,133,092
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$857,601
Purchase Details
Closed on
Nov 17, 2005
Sold by
Cohen Jerrold M and Cohen Vita F
Bought by
Laurie James R and Laurie Tracy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
5.68%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 26, 1998
Sold by
Kleikamp James E and Kleikamp Ann Marie D
Bought by
Cohen Jerrold M and Cohen Vita F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6.25%
Purchase Details
Closed on
May 9, 1996
Sold by
Steele Steven A and Steele Sheri L
Bought by
Kleikamp James E and Kleikamp Ann Marie D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
8.07%
Purchase Details
Closed on
Apr 21, 1995
Sold by
Gomez Rudy B and Gomez Pamela J
Bought by
Steele Steven A and Steele Sheri L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
8.25%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hsieh Ronan Wenhan | $1,700,000 | Cw Title | |
| Laurie James R | $665,000 | Lawyers Title | |
| Cohen Jerrold M | $395,000 | Transnation Title Insurance | |
| Kleikamp James E | $320,000 | Chicago Title Insurance Co | |
| Steele Steven A | $310,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hsieh Ronan Wenhan | $1,150,000 | |
| Previous Owner | Laurie James R | $66,500 | |
| Previous Owner | Laurie James R | $532,000 | |
| Previous Owner | Cohen Jerrold M | $316,000 | |
| Previous Owner | Kleikamp James E | $207,000 | |
| Previous Owner | Steele Steven A | $279,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/14/2024 03/14/24 | Sold | $1,700,000 | +0.1% | $739 / Sq Ft |
| 02/11/2024 02/11/24 | Pending | -- | -- | -- |
| 02/02/2024 02/02/24 | For Sale | $1,699,000 | 0.0% | $739 / Sq Ft |
| 02/02/2024 02/02/24 | Off Market | $1,699,000 | -- | -- |
| 02/01/2024 02/01/24 | For Sale | $1,699,000 | -- | $739 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $10,915 | $1,665,000 | $1,118,000 | $547,000 |
| 2023 | $9,417 | $1,366,000 | $1,055,000 | $311,000 |
| 2022 | $8,421 | $1,528,000 | $1,187,000 | $341,000 |
| 2021 | $8,088 | $1,142,000 | $977,000 | $165,000 |
| 2020 | $7,713 | $1,009,000 | $931,000 | $78,000 |
| 2018 | $7,487 | $955,000 | $794,000 | $161,000 |
| 2017 | $6,324 | $862,000 | $718,000 | $144,000 |
| 2016 | $5,885 | $776,000 | $657,000 | $119,000 |
| 2015 | $5,677 | $703,000 | $595,000 | $108,000 |
| 2014 | -- | $648,000 | $550,000 | $98,000 |
| 2013 | -- | $575,000 | $495,000 | $80,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Ying Chen
Y
Buyer's Agent in 2024
Ying Chen
Specialty Real Estate Group
(206) 407-5452
1 in this area
22 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2196121
APN: 759810-0512
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Based on information submitted to the MLS GRID
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