NOT LISTED FOR SALE

Estimated Value: $502,000 - $554,000

1 Bed
1 Bath
656 Sq Ft
$493/mo HOA Fee

Last Sold April 25, 2022

Last sale price $545,000 $831 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,623/month

5 Days on Market

Highlights

  • Fitness Center
  • Contemporary Architecture
  • Territorial View
  • West Mercer Elementary School Rated A
  • Property is near public transit
  • 3-minute walk to N. Mercerdale Hillside Open Space

About This Home

As of April 2022

Beautifully updated spacious 1 bedroom condo in the heart of downtown Mercer Island -- just a block to Starbucks, Met Market, shops & restaurants. The white kitchen cabinets perfectly compliment the new white quartz counters, new backsplash and hardware. Open concept great room with large dining area, living room with cozy fireplace & sliding doors to the graciously sized covered porch. Incredible laundry room with extra storage & full-sized side by side washer/dryer convey with property. FOUR garage parking spaces included and can be rented to other owners. No restrictions on cats and dogs. Giant storage unit just down the hall from unit completes a pretty darned perfect package! Pre-inspection and resale cert available for your review.

Last Agent to Sell the Property

Harold Rappaport

COMPASS License #9920 Listed on: 03/24/2022

COMPASS

Co-Listed By

Jeff Green

COMPASS License #51588

Last Buyer's Agent

Michael Abafo

Real Broker LLC License #105883

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1905224

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,929

Year Built

  • Built in 1989

Lot Details

  • 1.45

HOA Fees

  • $493 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Common or Shared Parking

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 656 Sq Ft Home
  • 1 Fireplace
  • Insulated Windows
  • Territorial Views

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Home Security

Outdoor Features

  • Patio

Schools

  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • North Facing Home
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 1385300120

Community Details

Overview

  • Association fees include earthquake insurance, garbage, lawn service, sewer, water
  • 60 Units
  • Kathleen Chafin Association
  • Secondary HOA Phone (206) 268-3314
  • The Carlton Condos
  • Downtown Subdivision
  • Park Phone (206) 268-3314 | Manager Kathleen Chafin--Yate,Wood&MacDonald
  • 5-Story Property

Amenities

  • Community Garden
  • Game Room
  • Recreation Room
  • Elevator
  • Lobby

Recreation

  • Fitness Center

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,929

Year Built

Built in 1989

Lot Details

0

HOA Fees

$493 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1989
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: The Carlton
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 656
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,Insulated Windows
  • Special Features: None
  • Cumulative Days on Market: 1,154

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Laminate, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Laminate, Laminate Hardwood, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Ice Maker, Washer, Water Heater
  • Main Level Bedrooms: 1
  • Stories: 5
  • Bathrooms: 1
  • 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: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 2
  • StorageNo: #36
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: 2nd floor hallway

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: North
  • Exterior Features: Wood, Wood Products
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 4
  • ParkingSpaceNumbers: 49,50,51,90

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Garbage
  • HeatingCoolingType: Baseboard
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Ice Maker,Washer
  • WaterHeaterLocation: Entry hall closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Cable TV, Elevator, Exercise Room, Fire Sprinklers, Game/Rec Rm, Garden Space, High Speed Int Avail, Lobby Entrance
  • Park Manager Name: Kathleen Chafin--Yate,Wood&MacDonald
  • Park Manager Phone: 206-268-3314
  • Senior Community: No
  • Association Fee: 493
  • Association Fee Frequency: Monthly
  • Phone: 206-268-3314
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • Common Interest: Condominium
  • AssociationContactName: Kathleen Chafin
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Elevator,Exercise Room,Fire Sprinklers,Game/Rec Rm,Garden Space,High Speed Int Avail,Lobby Entrance

Fee Information

  • Association Fee Includes: Earthquake Insurance, Garbage, Lawn Service, Sewer, Water

Schools

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

Lot Info

  • Parcel Number: 1385300120
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: realist.com

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2929

Multi Family

  • Number Of Units In Community: 60
  • EnergySource: Electric
  • UnitsInBuildingTotal: 60

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Mar 8, 2021
Sold by
Eng Wylie Christina
Bought by
Ramsey Shearer Annie and Fraley Kyle Christopher
Seller's Agent
Katie Penny Shea
Coldwell Banker Bain
Buyer's Agent
Harold Rappaport
COMPASS
List Price
$469,000
Sold Price
$460,000
Premium/Discount to List
-$9,000
-1.92%
Total Days on Market
5
Current Estimated Value
$523,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,467
Avg. Annual Appreciation
3.09%
Original Mortgage
$437,000
Outstanding Balance
$396,165
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$127,302

Purchase Details

Listed on
May 9, 2017
Closed on
May 6, 2017
Sold by
Ellestad Rebecca K and Ellestad Michael
Bought by
Eng Wylie Christina
Seller's Agent
Jane Jelinek Harrison
Coldwell Banker Bain
Buyer's Agent
Kathryn Lerner
Windermere Mercer Island
List Price
$381,000
Sold Price
$381,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%
Original Mortgage
$341,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2013
Sold by
Ellestad Rebecca K and Ellestad Michael
Bought by
Ellestad Rebecca K and Ellestad Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,725
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2006
Sold by
Mercer Island Condos Llc
Bought by
Hearon Rebecca K and Hearon Steven E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac
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 Buyer Sale Price Title Company
Ramsey Shearer Annie $460,000 Chicago Title Company Of Wa
Eng Wylie Christina $381,000 Chicago Title
Ellestad Rebecca K $64,186 Lsi
Hearon Rebecca K $280,000 Pacific Nw Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramsey Shearer Annie $437,000
Previous Owner Eng Wylie Christina $330,000
Previous Owner Eng Wylie Christina $341,000
Previous Owner Ellestad Rebecca K $215,725
Previous Owner Hearon Rebecca K $227,000
Previous Owner Hearon Rebecca K $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2022 04/25/22 Sold $545,000 +5.0% $831 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $519,000 +12.8% $791 / Sq Ft
03/19/2021 03/19/21 Sold $460,000 -1.9% $701 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $469,000 +23.1% $715 / Sq Ft
05/09/2017 05/09/17 Sold $381,000 0.0% $564 / Sq Ft
05/09/2017 05/09/17 For Sale $381,000 -- $564 / 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 $2,473 $375,000 $137,800 $237,200
2023 $2,617 $470,000 $134,400 $335,600
2022 $2,711 $424,000 $130,900 $293,100
2021 $2,929 $366,000 $103,300 $262,700
2020 $3,056 $364,000 $103,300 $260,700
2018 $2,727 $334,000 $73,000 $261,000
2017 $2,290 $313,000 $67,500 $245,500
2016 $2,076 $280,000 $66,800 $213,200
2015 $2,049 $247,000 $66,800 $180,200
2014 -- $233,000 $58,500 $174,500
2013 -- $164,000 $58,500 $105,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1905224

Northwest Multiple Listing Service (NWMLS)

APN: 138530-0120