Listed by Coldwell Banker Bain, Bought with Wonderland Real Estate
NOT LISTED FOR SALE

Estimated Value: $4,277,976 - $5,009,000

5 Beds
6 Baths
5,221 Sq Ft
$870/Sq Ft Est. Value

Last Sold April 18, 2014

Last sale price $2,150,000 $412 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $25,973/month

125 Days on Market

About This Home

As of April 2014

Mercer Island living at its best! The discerning buyer will appreciate the inspired design, exceptional quality and master craftsmanship with the added advantage of being a north-end location with a west-facing view. The chef's kitchen is perfect for entertaining a large group, an intimate gourmet meal or enjoying a quick snack. The master suite is luxurious, there are 3 generously sized bedrooms, 5.75 baths, a separate apartment for guests, upstairs bonus, media room and wine cellar.

Last Agent to Sell the Property

Patricia Wangsness

Coldwell Banker Bain License #78139 Listed on: 11/05/2013

Coldwell Banker Bain

Co-Listed By

David Wangsness

Coldwell Banker Bain

Last Buyer's Agent

Alice On

Wonderland Real Estate License #24226

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM563138

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$21,778

Year Built

2008

Lot Details

0

Listing Details

  • Condition: Very Good
  • Sq Ft Finished: 5221
  • Form 17: Provided
  • Special Features: None
  • Year Built: 2008

Interior Features

  • Appliances: Dishwasher, Double Oven, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Fireplaces: 3
  • Basement: Fully Finished
  • Features: 2nd Kitchen, Wet Bar, Wine Cellar, Wired for Generator, Bath Off Master, Built-In Vacuum, Double Pane/Storm Window, Dining Room, Fireplace in Master Bedroom, French Doors, High Tech Cabling, Jetted Tub, Security System, Vaulted Ceilings, Walk In Pantry, Walk-in Closet
  • Fireplaces: 3
  • Floor: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Water Heater Location: Basement-Gas

Exterior Features

  • Roof: Composition
  • Homebuilder: Lee
  • Exterior: Cement Planked, Stone, Wood
  • Foundation: Poured Concrete
  • Lot Details: Paved Street
  • Roof: Composition
  • Site Features: Cable TV, Deck, Disabled Access, Partial Fence, Natural Gas Available, High Speed Internet, Patio, RV Parking
  • View: City, Lake, Mountain
  • Lot Topography: Fruit Trees, Garden Space, Level, Partial Slope

Garage/Parking

  • Parking Type: Carport-Detached, Garage-Detached
  • Total Covered Spaces: 3

Utilities

  • Cooling: Central A/C, Forced Air
  • Heating: Forced Air, Hot Water Recirc Pump
  • Appliances: Dishwasher, Double Oven, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Heating and Cooling: Central A/C, Forced Air, Hot Water Recirc Pump
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Source: Public

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2014
Sold by
Namini Toofan M and Namini Shahrzad F
Bought by
68Th St Vista Llc
Current Estimated Value
$4,374,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Outstanding Balance
$1,392,327
Interest Rate
4.11%
Estimated Equity
$2,705,144

Purchase Details

Listed on
Nov 5, 2013
Closed on
Apr 11, 2014
Sold by
Lee Paul M and Lee Theresa S
Bought by
Jcl Family Holdings Llc
Seller's Agent
Patricia Wangsness
Coldwell Banker Bain
Buyer's Agent
Alice On
Wonderland Real Estate
List Price
$2,300,000
Sold Price
$2,150,000
Premium/Discount to List
-$150,000
-6.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%

Purchase Details

Closed on
Oct 28, 1995
Sold by
Tate Muriel Knight
Bought by
Lee Paul M and Lee Theresa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.59%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
68Th St Vista Llc $700,000 Chicago Title
Jcl Family Holdings Llc $2,150,000 First American
Lee Paul M $245,000 Evergreen Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jcl Family Holdings Llc $1,020,000
Closed Jcl Family Holdings Llc $1,000,000
Open 68Th St Vista Llc $1,800,000
Previous Owner Lee Paul M $417,000
Previous Owner Lee Paul M $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2014 04/18/14 Sold $2,150,000 -6.5% $412 / Sq Ft
03/11/2014 03/11/14 Pending -- -- --
11/16/2013 11/16/13 For Sale $2,300,000 0.0% $441 / Sq Ft
11/15/2013 11/15/13 Pending -- -- --
11/05/2013 11/05/13 For Sale $2,300,000 -- $441 / 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 $21,778 $3,325,000 $1,361,000 $1,964,000
2023 $21,505 $3,123,000 $1,284,000 $1,839,000
2022 $19,231 $3,493,000 $1,445,000 $2,048,000
2021 $18,462 $2,611,000 $1,190,000 $1,421,000
2020 $20,303 $2,306,000 $1,134,000 $1,172,000
2018 $19,696 $2,516,000 $946,000 $1,570,000
2017 $17,191 $2,270,000 $856,000 $1,414,000
2016 $15,992 $2,112,000 $783,000 $1,329,000
2015 $15,406 $1,913,000 $709,000 $1,204,000
2014 -- $1,761,000 $656,000 $1,105,000
2013 -- $1,717,000 $577,000 $1,140,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM563138

Northwest Multiple Listing Service (NWMLS)

APN: 217450-3260