NOT LISTED FOR SALE

Estimated Value: $614,162 - $679,000

2 Beds
2 Baths
1,118 Sq Ft
$822/mo HOA Fee

Last Sold May 12, 2023

Last sale price $590,000 $528 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,742/month

11 Days on Market

Highlights

  • End Unit
  • Ground Level Unit
  • Elevator
  • West Mercer Elementary School Rated A
  • Community Garden
  • Balcony

About This Home

As of May 2023

Opportunity knocks!! 599K for a home in Parc Mercer!? This private, 2Bed, 1.75Bath home offers an abundance of natural light, functional floor plan, generous living area, updated kitchen & flooring, fresh paint/trim throughout, wood burning fireplace, & spacious back patio. Oversized primary offers French doors, bathroom w/ double vanity & two closets. Second bedroom may also serve as an office to WFH. 81 walk score. Grocery, Cafes, Boutiques, Fitness, Future Light Rail just minutes walk away. Easy instant access to I-90 & minutes to Seattle & Bellevue. Two dedicated parking spots. New Roof 2013, 50 year siding & windows 2009, exterior paint/caulk 2021.Healthy HOA & No Rental Cap. Inspection available!

Last Listed By

Jacob Matalon

Windermere Real Estate Co. License #92485 Listed on: 04/18/2023

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2057293

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,461

Year Built

  • Built in 1982

Lot Details

  • 1.45

HOA Fees

  • $822 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Common or Shared Parking
  • Uncovered Parking
  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Cement Board or Planked

Interior Spaces

  • 1,118 Sq Ft Home
  • Wood Burning Fireplace
  • Insulated Windows
  • French Doors

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Electric Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio

Schools

  • West Mercer Elementary School
  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Baseboard Heating
  • Water Heater

Additional Features

  • End Unit
  • Ground Level Unit

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 6633200060

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, garbage, lawn service, road maintenance, sewer, water
  • 40 Units
  • Sid Horvath Association
  • Secondary HOA Phone (206) 726-0878
  • Parc Mercer Condos
  • Downtown Subdivision
  • Park Phone (206) 726-0878 | Manager Sid Horvath
  • 5-Story Property

Amenities

  • Community Garden
  • Elevator
  • Lobby

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,461

Year Built

Built in 1982

Lot Details

0

HOA Fees

$822 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1982
  • Inclusions: Dishwasher,GarbageDisposal,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Parc Mercer
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1118
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 2
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,End Unit,French Doors,Ground Floor,Insulated Windows,Primary Bath
  • Special Features: None
  • Cumulative Days on Market: 788

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Vinyl Plank, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 5
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Microwave,Refrigerator,Stove/Range
  • StorageLocation: Back Patio
  • WindowCoverings: Yes
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Flat
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Common Garage, Off Street, Uncovered
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: 56, 26

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Elevator, Fire Sprinklers, Garden Space, Lobby Entrance
  • Park Manager Name: Sid Horvath
  • Park Manager Phone: 206-726-0878
  • Senior Community: No
  • Association Fee: 822
  • Association Fee Frequency: Monthly
  • Phone: 206-726-0878
  • Association: Yes
  • Pets Allowed: See Remarks, Subj to Restrictions
  • AssociationContactName: Sid Horvath
  • CoOp: false
  • CommonPropertyFeatures: Elevator,Fire Sprinklers,Garden Space,Lobby Entrance

Fee Information

  • Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Garbage, Lawn Service, Road Maintenance, Sewer, Water

Schools

  • Junior High Dist: Mercer Island
  • High School: Mercer Isl High
  • Middle Or Junior School: Islander Mid

Lot Info

  • Parcel Number: 6633200060
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3461

Multi Family

  • Number Of Units In Community: 40
  • EnergySource: Electric
  • UnitsInBuildingTotal: 40

MLS Schools

  • Elementary School: West Mercer Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2023
Closed on
May 11, 2023
Sold by
Matalon Cindy
Bought by
Hiponia Concepcion Garcia
Seller's Agent
Jacob Matalon
Windermere Real Estate Co.
Buyer's Agent
Beverly Yoneyama
Windermere Real Estate/East
List Price
$599,995
Sold Price
$590,000
Premium/Discount to List
-$9,995
-1.67%
Total Days on Market
11
Views
15
Current Estimated Value
$648,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,541
Avg. Annual Appreciation
3.65%

Purchase Details

Closed on
Apr 19, 2011
Sold by
U S Bank National Association
Bought by
Matalon Steven S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,575
Interest Rate
4.84%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 21, 2010
Sold by
Nakachwa Philo
Bought by
U S Bank National Association

Purchase Details

Closed on
Feb 4, 2006
Sold by
Nakamura Rey
Bought by
Nakachwa Philo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
6.99%
Mortgage Type
Balloon

Purchase Details

Closed on
May 21, 1993
Sold by
Nakamura Rey and Nakamura Bertha M
Bought by
Nakamura Rey

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
Hiponia Concepcion Garcia $590,000 Cw Title
Matalon Steven S $147,500 Servicelink
U S Bank National Association $245,000 None Available
Nakachwa Philo $305,000 Rainier Title
Nakamura Rey -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matalon Steven S $53,000
Previous Owner Matalon Steven S $150,000
Previous Owner Matalon Steven S $108,575
Previous Owner Nakachwa Philo $92,877
Previous Owner Nakachwa Philo $228,750
Previous Owner Nakachwa Philo $76,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $590,000 -1.7% $528 / Sq Ft
04/29/2023 04/29/23 Pending -- -- --
04/18/2023 04/18/23 For Sale $599,995 -- $537 / 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 $3,684 $560,000 $287,000 $273,000
2023 $3,586 $633,000 $279,900 $353,100
2022 $3,461 $582,000 $272,700 $309,300
2021 $3,889 $468,000 $215,300 $252,700
2020 $3,656 $484,000 $215,300 $268,700
2018 $3,568 $474,000 $152,100 $321,900
2017 $2,737 $410,000 $140,600 $269,400
2016 $2,644 $335,000 $139,200 $195,800
2015 $2,329 $315,000 $139,200 $175,800
2014 -- $265,000 $122,000 $143,000
2013 -- $172,000 $122,000 $50,000
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2057293

Northwest Multiple Listing Service (NWMLS)

APN: 663320-0060