NOT LISTED FOR SALE

Estimated Value: $595,000 - $753,000

2 Beds
1 Bath
1,240 Sq Ft
1.45 Acres

Last Sold April 05, 2021

Last sale price $598,000 $482 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,976/month

6 Days on Market

Highlights

  • Territorial View
  • 1 Fireplace
  • Ceramic Tile Flooring
  • West Mercer Elementary School Rated A

About This Home

As of April 2021

Fully remodeled Parc Mercer condo conveniently located in the heart of Mercer Island! Refurbished building, including newer siding, doors, windows, decks and railings. Secure building w/elevator. Desirable 2 bedroom, 1-3/4 bath garden level unit. Inviting great room w/cozy fireplace + slider to access the covered patio area + deck. Fully renovated kitchen with new cabinetry, glass tile backsplash, quartz countertops, newer appliances + walk-in pantry. Gracious primary suite with dual closets + completely updated en-suite bathroom. 2nd bedroom, updated full BA + newer washer/dryer in unit. No Rental Cap. NO DOGS, an HOA rule. Just minutes from I-90 & Park & Ride (light rail coming soon!). 2 deeded parking spots. No rental cap, well-run HOA.

Last Agent to Sell the Property

Michele Schuler

Realogics Sotheby's Int'l Rlty License #22014412 Listed on: 02/23/2021

Realogics Sotheby's Int'l Rlty

Co-Listed By

Neda Perrina

Realogics Sotheby's Int'l Rlty License #132701

Last Buyer's Agent

Chelsey Ryskalczyk

Pointe3 Real Estate License #134910

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1731711

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,978

Year Built

  • Built in 1982

Lot Details

  • 1.45

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Common or Shared Parking

Listing and Financial Details

  • Assessor Parcel Number 6633200030

Community Details

Overview

  • 40 Units
  • Mercer Island Community
  • 5-Story Property

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,978

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Entrance Level: Main
  • Unit Floor Number: 1
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Wall To Wall Carpet, S
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Common
  • Estimated Sq Ft: 1240
  • Window Coverings: Included

Exterior Features

  • Exterior: Cement/Concrete
  • Roof: Flat
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Carport, Common Garage
  • Parking Space Number: 44 & 49

Utilities

  • Heating And Cooling: Forced Air, Wall
  • Water Heater: Electric

Condo/Co-op/Association

  • Numberof Units in Building: 40
  • Numberof Units In Complex: 40
  • HOA Fees: 646
  • Community Name: Mercer Island
  • Project: Parc Mercer
  • Cats And Dogs: No Dogs Or Cats, Subj To Restrictions
  • Association Contact: PRIME (206) 726-0878
  • Common Property Features: Cable Tv, Elevator, High Speed Int Avail, Laundry Room, Lobby Entrance
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Road Maintenance, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, End Unit, Ground Floor, Insulated Windows, Master Bath

Schools

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

Lot Info

  • Lot Details: Paved Street, Sidewalk
  • Parcel Number: 6633200030

Tax Info

  • Tax Amount: 3916

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2021
Closed on
Mar 25, 2021
Sold by
Qiu Yichen and Park David
Bought by
Waters Karl and Lin Glenda
Seller's Agent
Michele Schuler
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Chelsey Ryskalczyk
Pointe3 Real Estate
List Price
$598,000
Sold Price
$598,000
Total Days on Market
6
Current Estimated Value
$686,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,628
Avg. Annual Appreciation
3.35%
Original Mortgage
$418,600
Outstanding Balance
$380,895
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$305,733

Purchase Details

Listed on
Sep 16, 2016
Closed on
Dec 27, 2016
Sold by
Park David
Bought by
Qiu Yicen
Seller's Agent
Adelina Draghici
Coldwell Banker Bain
Buyer's Agent
Levi Logstrom
Redfin Corp.
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.63%
Original Mortgage
$220,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 1993
Sold by
Bolanos Jr Raymond P and Bolanos Marion J
Bought by
Vickers Mary Louise
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
Waters Karl $598,000 Chicago Title Company Of Wa
Qiu Yicen -- Rainier Title
Qiu Yichen $420,000 Rainier Title
Vickers Mary Louise $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waters Karl $418,600
Previous Owner Qiu Yichen $220,000
Previous Owner Vickers Mary Louise $472,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2021 04/05/21 Sold $598,000 0.0% $482 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $598,000 +42.4% $482 / Sq Ft
12/28/2016 12/28/16 Sold $420,000 -3.4% $339 / Sq Ft
11/28/2016 11/28/16 Pending -- -- --
10/20/2016 10/20/16 Price Changed $435,000 -3.3% $351 / Sq Ft
09/16/2016 09/16/16 For Sale $450,000 -- $363 / 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 $3,978 $605,000 $308,500 $296,500
2023 $3,788 $676,000 $300,800 $375,200
2022 $3,609 $615,000 $293,100 $321,900
2021 $4,176 $488,000 $231,400 $256,600
2020 $3,916 $520,000 $231,400 $288,600
2018 $3,871 $512,000 $163,500 $348,500
2017 $516 $445,000 $151,200 $293,800
2016 $818 $362,000 $149,600 $212,400
2015 $542 $337,000 $149,600 $187,400
2014 -- $288,000 $131,100 $156,900
2013 -- $184,000 $131,100 $52,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1731711

Northwest Multiple Listing Service (NWMLS)

APN: 663320-0030