Seller's Agent in 2016
Lisa Turnure
Coldwell Banker Bain
(206) 919-6605
85 Total Sales
16 Meadow Ln Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $6,089,000 - $8,526,000
4
Beds
1
Bath
5,050
Sq Ft
$1,523/Sq Ft
Est. Value
Highlights
- Low Bank Waterfront Property
- Docks
- Deck
- Lakeridge Elementary School Rated A
- Lake View
- Contemporary Architecture
About This Home
As of November 2016Meander down a quiet lane to waters edge & this private Westside home boasting 90 ft of no-bank waterfront. This high-style contemporary features walls of windows to soak in the views. A light filled living room offers soaring ceilings & gorgeous lake vistas. Chef’s kitchen opens to family room & spacious entertaining deck. The hotel-like main-floor master features a spa inspired bath & adjoining office. Private dock w/room for multiple boats, even a seaplane! Enjoy the resort lifestyle at home!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM1012230
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $46,585
Year Built
- Built in 1979
Lot Details
- Low Bank Waterfront Property
- Street terminates at a dead end
- Partially Fenced Property
- Level Lot
- Sprinkler System
- Garden
- Property is zoned R15
Parking
- Attached Garage
Property Views
- Lake
- City
- Mountain
Home Design
- Contemporary Architecture
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 1 Bathroom
- 3 Fireplaces
- Finished Basement
- Natural lighting in basement
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
Laundry
- Dryer
- Washer
Outdoor Features
- Docks
- Deck
- Patio
Utilities
- High Speed Internet
- Cable TV Available
Community Details
- Mercer Island Community
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Assessor Parcel Number 2524049277
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 22, 2024
Sold by
Hopper Douglas
Bought by
Thompson Lynne
Total Days on Market
16
Current Estimated Value
Purchase Details
Listed on
Aug 12, 2016
Closed on
Nov 7, 2016
Sold by
Diamond Jonathon D and Diamond Pamela K
Bought by
Hopper Douglas J and Hopper Lynne T
Seller's Agent
Lisa Turnure
Coldwell Banker Bain
Buyer's Agent
Lori Holden
John L. Scott, Inc.
List Price
$3,950,000
Sold Price
$3,850,000
Premium/Discount to List
-$100,000
-2.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$2,695,000
Interest Rate
3.42%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 8, 2003
Sold by
Ursin Bjarne and Ursin Mary
Bought by
Diamond Jonathon D and Diamond Pamela K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.37%
Purchase Details
Closed on
Jul 18, 2000
Sold by
Bjarne & Mary Ursin Family Ltd Prtnrshp
Bought by
Ursin Bjarne E and Ursin Mary E
Purchase Details
Closed on
Jun 23, 1997
Sold by
Ursin Bjarne E and Ursin Mary E
Bought by
Bjarne & Mary Ursin Family Ltd Prtnrshp
Purchase Details
Closed on
Jan 6, 1997
Sold by
Ursin Bjarne E and Ursin Mary E
Bought by
Ursin Bjarne E and Ursin Mary E
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 |
|---|---|---|---|
| Thompson Lynne | $313 | None Listed On Document | |
| Hopper Douglas J | $3,850,000 | Stewart Title | |
| Diamond Jonathon D | $2,490,000 | Chicago Title | |
| Ursin Bjarne E | -- | -- | |
| Bjarne & Mary Ursin Family Ltd Prtnrshp | -- | -- | |
| Ursin Bjarne E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hopper Lynne T | $2,460,749 | |
| Previous Owner | Hopper Lynne T | $2,520,000 | |
| Previous Owner | Hopper Lynne T | $350,000 | |
| Previous Owner | Hopper Douglas J | $2,695,000 | |
| Previous Owner | Diamond Jonathon D | $334,000 | |
| Previous Owner | Diamond Jonathon D | $1,783,000 | |
| Previous Owner | Diamond Jonathon D | $1,805,000 | |
| Previous Owner | Diamond Jonathon D | $1,852,000 | |
| Previous Owner | Diamond Jonathon D | $500,000 | |
| Previous Owner | Diamond Jonathon D | $2,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/16/2016 11/16/16 | Sold | $3,850,000 | -2.5% | $762 / Sq Ft |
| 08/29/2016 08/29/16 | Pending | -- | -- | -- |
| 08/12/2016 08/12/16 | For Sale | $3,950,000 | -- | $782 / 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 | $46,585 | $7,116,000 | $4,956,000 | $2,160,000 |
| 2023 | $45,997 | $6,683,000 | $4,676,000 | $2,007,000 |
| 2022 | $41,123 | $7,474,000 | $5,260,000 | $2,214,000 |
| 2021 | $39,466 | $5,586,000 | $4,330,000 | $1,256,000 |
| 2020 | $34,132 | $4,932,000 | $4,124,000 | $808,000 |
| 2018 | $35,424 | $4,231,000 | $3,711,000 | $520,000 |
| 2017 | $33,881 | $4,084,000 | $3,569,000 | $515,000 |
| 2016 | $31,511 | $4,164,000 | $3,263,000 | $901,000 |
| 2015 | $30,362 | $3,771,000 | $2,953,000 | $818,000 |
| 2014 | -- | $3,472,000 | $2,730,000 | $742,000 |
| 2013 | -- | $3,439,000 | $2,845,000 | $594,000 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Turnure
-
Julie Green
J
Seller Co-Listing Agent in 2016
Julie Green
Reaologics Sothebys International Realty
(206) 930-0511
7 Total Sales
-
Lori Holden
Buyer's Agent in 2016
Lori Holden
John L Scott
(206) 949-5674
7 in this area
99 Total Sales
Map
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Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM1012230
APN: 252404-9277
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.
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