NOT LISTED FOR SALE

2725 68th Ave SE Mercer Island, WA 98040

East Seattle Neighborhood

Estimated Value: $2,911,251 - $3,181,000

5 Beds
1 Bath
3,350 Sq Ft
$896/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $2,450,000 $731 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $17,642/month

4 Days on Market

Highlights

  • Greenhouse
  • Spa
  • Deck
  • West Mercer Elementary School Rated A
  • Lake View
  • Contemporary Architecture

About This Home

As of April 2021

Experience serenity and savor the stunning views of Lake Washington, Seattle and the Olympic Mountains from almost every room. Set in the ideally located First Hill neighborhood on a quiet cul-de-sac, enjoy the panoramic views and amazing sunsets from multiple outdoor spaces- 2 entertainment sized decks and a private fenced flat yard. Flowing seamlessly indoors, appreciate the open main floor with hardwoods, vaulted ceilings & spacious rooms. The downstairs family room and 2nd kitchen add to the comfort and easy flow of the home. The flex space off the kitchen makes an ideal home office with an exterior entrance perfect for a true work from home scenario. With top rated MI schools & easy access to I-90, Seattle & Bellevue, this is the one!

Last Agent to Sell the Property

Kenneth Urman

Coldwell Banker Bain License #106715 Listed on: 03/04/2021

Coldwell Banker Bain

Co-Listed By

Courtney Emanuels

Coldwell Banker Bain License #122879

Last Buyer's Agent

Kurt Pepin

Redfin License #18550

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1737686

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,790

Year Built

  • Built in 1945

Lot Details

  • Cul-De-Sac
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System
  • Garden
  • Property is zoned R8.4

Parking

  • Attached Garage

Property Views

  • Lake
  • City
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Greenhouse

Utilities

  • Cable TV Available

Community Details

  • First Hill Community

Listing and Financial Details

  • Assessor Parcel Number 5093300495

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,790

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Architecture: Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Hot Tub/Spa, Security System
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 3
  • Bathrooms: 2.75
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Lower Level Full Bathrooms: 2
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Lower
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Lower
  • Estimated Sq Ft: 3350
  • Square Footage Finished: 3350

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: City, Lake, Mountain, Territorial

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air, High Efficiency (Unspecified)
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: Closets- BR and Kitchen-Gas (x2)
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: First Hill
  • Project: Maple Grove Park

Schools

  • Elementary School: West Mercer Elem
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Number: 44-47
  • Lot Details: Cul-De-Sac, Paved Street
  • Lot Sq Ft: 12000
  • Lot Topography Vegetation: Garden Space, Level, Partial Slope, Terraces
  • Parcel Number: 5093300495
  • Zoning Code: R8.4
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level, Partial Slope, Terraces

Tax Info

  • Tax Amount: 15630

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Mar 22, 2021
Sold by
Kipust Alan and Kipust Sandra
Bought by
Wong Koon Wai and Choy Chee San
Seller's Agent
Kenneth Urman
Coldwell Banker Bain
Buyer's Agent
Kurt Pepin
Redfin
List Price
$2,149,000
Sold Price
$2,450,000
Premium/Discount to List
$301,000
14.01%
Current Estimated Value
$3,002,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$552,063
Avg. Annual Appreciation
3.95%
Original Mortgage
$1,960,000
Outstanding Balance
$1,774,864
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$1,131,277

Purchase Details

Closed on
Apr 24, 2006
Sold by
Conway Jack B and Conway Susan D
Bought by
Kipust Alan and Kipust Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2004
Sold by
Goodmanson Elinor O and Rathjen Eloise
Bought by
Conway Jack B and Conway Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.64%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 6, 1996
Sold by
Rathjen Eloise
Bought by
Goodmanson Elinore O
Source: Public Records

Range of Values:

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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
Wong Koon Wai $2,450,000 Rainier Title
Kipust Alan $1,425,000 Chicago Title
Conway Jack B $950,000 Transnation Ti
Goodmanson Elinore O $187,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Koon Wai $1,960,000
Previous Owner Kipust Alan $750,000
Previous Owner Kipust Alan $567,500
Previous Owner Kipust Alan $1,000,000
Previous Owner Conway Jack B $450,000
Previous Owner Conway Jack B $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $2,450,000 +14.0% $731 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $2,149,000 -- $641 / 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 $15,790 $2,410,000 $1,567,000 $843,000
2023 $15,595 $2,264,000 $1,479,000 $785,000
2022 $13,948 $2,532,000 $1,664,000 $868,000
2021 $13,207 $1,893,000 $1,370,000 $523,000
2020 $15,630 $1,649,000 $1,305,000 $344,000
2018 $15,161 $1,936,000 $1,336,000 $600,000
2017 $13,238 $1,747,000 $1,208,000 $539,000
2016 $12,316 $1,626,000 $1,105,000 $521,000
2015 $11,866 $1,473,000 $1,000,000 $473,000
2014 -- $1,356,000 $925,000 $431,000
2013 -- $1,211,000 $925,000 $286,000
Source: Public Records

Agents Affiliated with this Home

  • Kenneth Urman

    Seller's Agent in 2021

    Kenneth Urman

    Coldwell Banker Bain

    (206) 499-4948

    1 in this area

    56 Total Sales

    Kenneth Urman
    Section Image
  • Courtney Emanuels

    Seller Co-Listing Agent in 2021

    Courtney Emanuels

    Coldwell Banker Bain

    (206) 310-7006

    1 in this area

    62 Total Sales

    Courtney Emanuels
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1737686

Northwest Multiple Listing Service (NWMLS)

APN: 509330-0495

Washington King County Mercer Island 98040 East Seattle

2725 68th Ave SE, Mercer Island, WA

This home is located at 2725 68th Ave SE, Mercer Island, WA 98040 since 04 March 2021 and is currently estimated at $3,002,063, approximately $896 per square foot. This property was built in 1945. 2725 68th Ave SE is a home located in King County with nearby schools including West Mercer Elementary School, Islander Middle School, and Mercer Island High School.

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.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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