NOT LISTED FOR SALE

Estimated Value: $702,285 - $788,000

2 Beds
1 Bath
1,240 Sq Ft
1.45 Acres

Last Sold May 27, 2021

Last sale price $625,000 $504 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,170/month

About This Home

As of May 2021

This gorgeous fully remodeled 2 bedroom, 1.75 bath Parc Merc condo features great upgrades including an open kitchen w/new cabinetry, granite countertops, black stainless appls, tile backsplash, bamboo flooring, new carpet in the bedrooms, multi-functional shower panels for the bathrooms & customized closets for each of the bedrooms giving lots of storage. The spacious master incls 2 closets w/attached & fully renovated bathroom. The oversized living room opens up to the large patio off the back w/walk out access to the grassy common area for easy access to downtown for great restaurants, shopping & future Light Rail. 2 Deeded parking spots & recently refurbished building with a well-run HOA & the best part, No Rental Cap for the complex!

Last Agent to Sell the Property

Loren Ellingson

Redfin License #79682 Listed on: 04/22/2021

Redfin

Last Buyer's Agent

Hemalatha Venu

Skyline Properties, Inc. License #129645

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1760565

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,103

Year Built

  • Built in 1982

Lot Details

  • 1.45

Parking

  • Common or Shared Parking

Home Design

  • Flat Roof Shape
  • Cement Board or Planked

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Bamboo
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 6633200100

Community Details

Overview

  • Mercer Island Community

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,103

Year Built

Built in 1982

Lot Details

0

Listing Details

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

Interior Features

  • Floor Covering: Bamboo/Cork, Vinyl
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Microwave, 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
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1240

Exterior Features

  • Exterior: Cement Planked
  • Roof: Flat

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Common Garage

Utilities

  • Heating And Cooling: 90%+ High Efficiency

Condo/Co-op/Association

  • HOA Fees: 627
  • Community Name: Mercer Island
  • Project: Parc Mercer Condominium
  • Cats And Dogs: No Dogs Or Cats
  • Association Contact: Katie Hutchcroft (206) 726-0878
  • Unit Features: Alarm System, Balcony/Deck/Patio, Ground Floor

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: MIS

Lot Info

  • Parcel Number: 6633200100

Tax Info

  • Tax Amount: 4035

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
May 17, 2021
Sold by
Kumar Manish and Rathaur Poonam
Bought by
Singh Brijesh and Rana Anuradha
Seller's Agent
Loren Ellingson
Redfin
Buyer's Agent
Hemalatha Venu
Skyline Properties, Inc.
List Price
$620,000
Sold Price
$625,000
Premium/Discount to List
$5,000
0.81%
Current Estimated Value
$724,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,821
Avg. Annual Appreciation
2.60%
Original Mortgage
$500,000
Outstanding Balance
$457,265
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$241,016

Purchase Details

Listed on
Jun 3, 2016
Closed on
Jul 14, 2016
Sold by
Landis Jason B and Landis Brandi R
Bought by
Kumar Manish and Rathaur Poonam
Seller's Agent
Brad Landis
Kelly Right RE of Seattle LLC
Buyer's Agent
Nadir Zulqernain
BN Real Estate
List Price
$465,000
Sold Price
$452,000
Premium/Discount to List
-$13,000
-2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$45,200
Interest Rate
3.43%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 25, 2010
Sold by
Lake Family Limited Liability Company
Bought by
Landis Jason B and Landis Brandi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,770
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 1999
Sold by
Lake Samuel L and Lake Shirley L
Bought by
Lake Family Llc

Purchase Details

Closed on
Sep 10, 1992
Sold by
Lake Randolph L and Lake Joanne S
Bought by
Lake Samuel L and Lake Shirley L
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
Singh Brijesh $625,000 First American Title
Kumar Manish $452,000 Old Republic
Landis Jason B $230,000 Rainier Title
Lake Family Llc -- --
Lake Samuel L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Brijesh $500,000
Previous Owner Kumar Manish $45,200
Previous Owner Kumar Manish $361,600
Previous Owner Landis Jason B $206,770
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $625,000 +0.8% $504 / Sq Ft
04/25/2021 04/25/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $620,000 +37.2% $500 / Sq Ft
07/22/2016 07/22/16 Sold $452,000 -2.8% $365 / Sq Ft
06/20/2016 06/20/16 Pending -- -- --
06/03/2016 06/03/16 For Sale $465,000 -- $375 / 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 $4,103 $624,000 $299,700 $324,300
2023 $3,855 $695,000 $292,200 $402,800
2022 $3,778 $626,000 $284,700 $341,300
2021 $4,328 $511,000 $224,700 $286,300
2020 $4,035 $539,000 $224,700 $314,300
2018 $3,897 $527,000 $158,800 $368,200
2017 $2,981 $448,000 $146,800 $301,200
2016 $2,944 $365,000 $145,300 $219,700
2015 $2,591 $351,000 $145,300 $205,700
2014 -- $295,000 $127,300 $167,700
2013 -- $192,000 $127,300 $64,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1760565

Northwest Multiple Listing Service (NWMLS)

APN: 663320-0100