Listed by Wicklund Real Estate, Bought with Windermere Mercer Island
NOT LISTED FOR SALE

Estimated Value: $2,986,000 - $3,227,000

5 Beds
2 Baths
3,876 Sq Ft
$801/Sq Ft Est. Value

Last Sold July 19, 2017

Last sale price $2,225,000 $574 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $18,181/month

5 Days on Market

Highlights

  • Deck
  • Territorial View
  • Wood Flooring
  • McGilvra Elementary School Rated A
  • Traditional Architecture
  • 1 Fireplace

About This Home

As of July 2017

Stunning Madison Park new construction with designer finishes, open floor plan & large studio over the detached 2-car garage. Finely appointed with Cararra marble, Wolf & Sub-Zero appliances, wood windows & extensive built-in cabinetry. The main residence features a chef’s kitchen, great room, formal dining, 4-bedrooms, extraordinary master bath & large rec room. A/C, state-of-the-art systems, home automation & a prime location just 2 blocks from the beach, shops & restaurants of Madison Park.

Last Agent to Sell the Property

Erik Wicklund

Wicklund Real Estate License #24596 Listed on: 06/23/2017

Last Buyer's Agent

Larry Williams

Windermere Mercer Island License #74738

Windermere Mercer Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1149483

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • Property is Fully Fenced
  • Level Lot
  • Property is zoned SF5000

Parking

  • Detached Garage

Property Views

  • Territorial
  • Limited

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 2 Bathrooms
  • 1 Fireplace
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Outdoor Features

  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Madison Park Community

Listing and Financial Details

  • Assessor Parcel Number 4385700595

Home Details

Home Type

Single Family

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Traditional
  • New Construction: Completed
  • Approved Accessory Dwelling: Upper
  • Homebuilder: Mead Home Inc
  • Building Information: Additional Dwelling, Built On Lot
  • Entrance Level: Main
  • New Construction: Y
  • Year Built: 2017
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, Wet Bar, Wired For Generator, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, High Tech Cabling, Jetted Tub, Security System, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 5.00
  • Lower Level Bedroom: 1
  • Bathrooms: 4.00
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Half Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Fully Finished
  • Dining Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3876
  • Square Footage Finished: 3876

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Cement Planked, Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Partial, Territorial

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Baseboard, Central A/C, Forced Air, Insert, 90%+ High Efficiency, Tankless Water Heater
  • Power Company: Seattle City Light
  • Sewer: Sewer Connected
  • Sewer Company: Seattle Public Utilities
  • Water Company: Seattle Public Utilities
  • Water Heater: Lower Level-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Madison Park
  • Project: Loch-Gilvra Add

Schools

  • School District: SEA

Lot Info

  • Lot Number: 29
  • Lot Details: Alley, Curbs, Paved Street, Sidewalk
  • Lot Dimensions: 40 x 100
  • Lot Sq Ft: 4000
  • Lot Topography Vegetation: Level
  • Parcel Number: 4385700595
  • Zoning Code: SF5000
  • Zoning Jurisdiction: City
  • Lot Topography: Level

Tax Info

  • Tax Amount: 7147

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2017
Closed on
Jul 17, 2017
Sold by
Mead Homes Inc
Bought by
Yamamoto Sheryl and Riggins Stephen C
Seller's Agent
Erik Wicklund
Wicklund Real Estate
Buyer's Agent
Larry Williams
Windermere Mercer Island
List Price
$2,200,000
Sold Price
$2,225,000
Premium/Discount to List
$25,000
1.14%
Current Estimated Value
$3,103,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$878,472
Avg. Annual Appreciation
4.01%

Purchase Details

Closed on
Jul 15, 2015
Sold by
Magee Dave L and Magee Meg Healey
Bought by
Mead Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500,000
Interest Rate
3.85%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 18, 1996
Sold by
Magee Meg Healey and Healey Meg
Bought by
Magee David L and Magee Meg Healey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
7.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Yamamoto Sheryl $2,225,000 Fidelity National Title
Mead Homes Inc $710,000 Fidelity Natio
Magee David L -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mead Homes Inc $7,500,000
Previous Owner Magee David L $163,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2017 07/19/17 Sold $2,225,000 +1.1% $574 / Sq Ft
06/29/2017 06/29/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $2,200,000 -- $568 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

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 $23,430 $2,484,000 $1,064,000 $1,420,000
2023 $22,171 $2,389,000 $992,000 $1,397,000
2022 $19,617 $2,676,000 $992,000 $1,684,000
2021 $19,783 $2,167,000 $804,000 $1,363,000
2020 $20,764 $2,075,000 $834,000 $1,241,000
2018 $19,789 $2,177,000 $852,000 $1,325,000
2017 $7,147 $2,031,000 $755,000 $1,276,000
2016 $6,920 $737,000 $660,000 $77,000
2015 $6,030 $698,000 $625,000 $73,000
2014 -- $621,000 $439,000 $182,000
2013 -- $565,000 $439,000 $126,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1149483

Northwest Multiple Listing Service (NWMLS)

APN: 438570-0595