Listed by Engel & Voelkers Mercer Island, Bought with Coldwell Banker Bain
$1,175,000
SOLD OCT 1, 2024
2 Beds
1 Bath
790 Sq Ft
6,238 Sq Ft Lot

Recently Sold

$1,487 Per Sq Ft

16% Below List Price

87 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Bathroom on Main Level
  • West Mercer Elementary School Rated A
  • 1 Car Attached Garage
  • 2-minute walk to Secret Park

About This Home

As of October 2024

First time in nearly 60 years, an amazing lot (and cottage) is now available. Now, you could remodel and make it livable--maybe even "super cute." But honestly, you’re more likely going to bulldoze it. The true value is in the 6,238 square feet lot in Mercer Island's coveted “East Seattle” neighborhood. Facing west, your dream house will be bathed in sun on all floors. Just three blocks up from the lake where 5 street-end public beach parks await for lake access, picnics, and sunbathing. A few blocks from the lid park, 6 min drive to downtown Seattle, 8 min drive to downtown Bellevue and 1 min drive to downtown Mercer Island. No better location. Grab your checkbook, Call us and fire up that bull dozer!

Last Agent to Sell the Property

Daniel Gottesman

Engel & Voelkers Mercer Island License #39554 Listed on: 06/12/2024

Engel & Voelkers Mercer Island

Co-Listed By

Sam Chapin

Engel & Voelkers Mercer Island License #117668

Last Buyer's Agent

Sarah Ford

Coldwell Banker Bain License #4324

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2249829

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,117

Year Built

  • Built in 1948

Parking

  • 1 Car Attached Garage

Home Design

  • Fixer Upper
  • Flat Roof Shape
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 790 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Stove

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Additional Features

  • 6,238 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • East Seattle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2174503575

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,117

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1948
  • Buyer Agency Compensation: 2.5
  • Inclusions: Refrigerator(s),Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 790
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 415

Interior Features

  • Basement: None
  • Appliances: Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Hardwood
  • Living Area: 790
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Bathrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 790
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Refrigerator(s),Stove(s)/Range(s)
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Flat, Torch Down
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: See Remarks
  • Property Condition: Fixer
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Mercer Island

Lot Info

  • Parcel Number: 2174503575
  • Land Lease: No
  • Lot Size Acres: 0.1432
  • Lot Size Sq Ft: 6238
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: See remarks and supps
  • MLSSquareFootageSource: Public Records

Green Features

  • Power Production Type: Natural Gas

Tax Info

  • Year: 2024
  • Tax Annual Amount: 8116.51

Multi Family

  • EnergySource: Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Sep 29, 2024
Sold by
Spak Stephen Gary and Spak Gregory Paul
Bought by
Imani Farhad and Imani Virginia
Seller's Agent
Daniel Gottesman
Engel & Voelkers Mercer Island
Buyer's Agent
Sarah Ford
Coldwell Banker Bain
List Price
$1,399,000
Sold Price
$1,175,000
Premium/Discount to List
-$224,000
-16.01%
Views
81
Current Estimated Value
$1,271,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,933
Avg. Annual Appreciation
10.12%

Purchase Details

Closed on
Jul 8, 2014
Sold by
Spak Stephen Gary
Bought by
Spak Stephen Gary
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $1,175,000 Equity Title Of Washington
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 Sold $1,175,000 -5.9% $1,487 / Sq Ft
09/07/2024 09/07/24 Pending -- -- --
09/04/2024 09/04/24 Price Changed $1,249,000 -3.8% $1,581 / Sq Ft
07/30/2024 07/30/24 Price Changed $1,299,000 -7.1% $1,644 / Sq Ft
07/19/2024 07/19/24 For Sale $1,399,000 0.0% $1,771 / Sq Ft
07/09/2024 07/09/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $1,399,000 -- $1,771 / 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 $8,219 $1,253,000 $1,009,000 $244,000
2023 $8,117 $1,177,000 $952,000 $225,000
2022 $7,266 $1,317,000 $1,071,000 $246,000
2021 $6,976 $985,000 $882,000 $103,000
2020 $5,566 $870,000 $840,000 $30,000
2018 $5,432 $690,000 $680,000 $10,000
2017 $4,673 $625,000 $615,000 $10,000
2016 $4,356 $573,000 $563,000 $10,000
2015 $4,226 $520,000 $510,000 $10,000
2014 -- $482,000 $472,000 $10,000
2013 -- $463,000 $462,000 $1,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2249829

Northwest Multiple Listing Service (NWMLS)

APN: 217450-3575