Listed by Skyline Properties, Inc., Bought with WeLakeside
NOT LISTED FOR SALE

Estimated Value: $3,927,000 - $4,201,000

5 Beds
6.5 Baths
4,927 Sq Ft
$830/Sq Ft Est. Value

Last Sold September 28, 2022

Last sale price $3,800,000 $771 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $23,696/month

Highlights

  • Wine Cellar
  • New Construction
  • Lake View
  • West Mercer Elementary School Rated A
  • Two Primary Bedrooms
  • 3-minute walk to First Hill Park

About This Home

As of September 2022

Fantastic traditional contemporary design in Mercer Island’s First Hill! 2022 custom home has 4900+ sq ft open concept floor plan w/ 5 beds, 6 baths, mud room & 2 car garage. Spaces include 2 story and a day-light basement, 10 ft high ceiling, outdoor covered patio & spacious upper level second master suite. Wine cellar, underground landscape fountain, media room, home gym, double side fire place, 2nd fl with energy efficient in-ceiling-heater and all of the features one would expect and more. Quick access to I-90 and light rail, close to MI downtown and schools! A peaceful place that always be called as the sweet home!

Last Agent to Sell the Property

Sunny Duan

Skyline Properties, Inc. License #135911 Listed on: 07/26/2022

Skyline Properties, Inc.

Last Buyer's Agent

Xinyue Fan

WeLakeside License #22001711

WeLakeside

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1974730

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,288

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 9,000 Sq Ft Lot
  • Open Space
  • East Facing Home
  • Partially Fenced Property
  • Brush Vegetation
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Property is in very good condition

Property Views

  • Lake
  • City

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 4,927 Sq Ft Home
  • 2-Story Property
  • Skylights
  • 2 Fireplaces
  • Gas Fireplace
  • French Doors
  • Wine Cellar
  • Dining Room
  • Finished Basement
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Walk-In Closet

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • Tankless Water Heater
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2174502075

Community Details

Overview

  • No Home Owners Association
  • Built by REO Consultants
  • First Hill Subdivision
  • Electric Vehicle Charging Station

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,288

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 2022
  • Inclusions: Dishwasher,DoubleOven,GarbageDisposal,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Unit Levels: Two
  • New Construction: Yes
  • CalculatedSquareFootage: 4927
  • SeniorExemption: false
  • EstimatedCompletionDate: 2022-08-31
  • NewConstruction: Completed
  • Special Features: 4098

Interior Features

  • Fireplaces: 2
  • Basement: Daylight, Finished
  • Appliances: Dishwasher, Double Oven, Disposal, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Engineered Hardwood, Carpet
  • Interior Amenities: Central A/C, Forced Air, Tankless Water Heater, Ceramic Tile, Wall to Wall Carpet, Second Primary Bedroom, Double Pane/Storm Window, Dining Room, Fireplace (Primary Bedroom), French Doors, High Tech Cabling, Skylight(s), Walk-In Closet(s), Wine Cellar, Water Heater
  • Living Area: 4927
  • Bathrooms: 6
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 4927
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 3
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 1
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Double Oven,Garbage Disposal,Microwave,Refrigerator,Stove/Range
  • FireplacesUpper: 1

Exterior Features

  • Roof: Composition
  • View: City, Lake
  • Lot Features: Corner Lot, Open Space
  • View: Yes
  • Waterfront: No
  • Builder Name: REO Consultants
  • Direction Faces: East
  • Exterior Features: Stone, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Electricity Available, Natural Gas Connected
  • HeatingCoolingType: Central A/C,Forced Air,Radiant,Tankless Water Heater
  • PowerCompany: PSE
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Tankless

Condo/Co-op/Association

  • Community Features: Park
  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 2174502075
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.2066
  • Lot Size Sq Ft: 9000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Electric Car Charging,Fenced-Partially,Gas Available,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: Builder's Plan

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 17288

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: West Mercer Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Sep 22, 2022
Sold by
Kevin & Tony Llc
Bought by
Tong Yuchu and Chen Lixia
Seller's Agent
Sunny Duan
Skyline Properties, Inc.
Buyer's Agent
Xinyue Fan
WeLakeside
List Price
$4,380,000
Sold Price
$3,800,000
Premium/Discount to List
-$580,000
-13.24%
Current Estimated Value
$4,088,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,762
Avg. Annual Appreciation
2.47%
Original Mortgage
$2,610,369
Outstanding Balance
$2,457,886
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$1,630,876

Purchase Details

Listed on
Aug 4, 2017
Closed on
Aug 30, 2017
Sold by
Suzuki Yuichi and Suzuki Hiromi
Bought by
Kevin & Tony Llc
Seller's Agent
Anne Kim
Pellego, Inc.
Buyer's Agent
Jonathan Villalobos
RE/MAX Eastside Brokers, Inc.
Sold Price
$1,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.06%

Purchase Details

Closed on
Apr 17, 1996
Sold by
Schenck Bertram M and Schenck Joann I
Bought by
Suzuki Yuichi and Suzuki Hiromi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,350
Interest Rate
7.41%
Mortgage Type
Balloon
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
Tong Yuchu $3,800,000 Wfg National Title Company Of
Kevin & Tony Llc $1,000,000 First American Title Ins Co
Suzuki Yuichi $272,500 Evergreen Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tong Yuchu $2,610,369
Previous Owner Suzuki Yuichi $204,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2022 09/28/22 Sold $3,800,000 -11.2% $771 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/15/2022 08/15/22 Price Changed $4,280,000 -2.3% $869 / Sq Ft
07/26/2022 07/26/22 For Sale $4,380,000 +338.0% $889 / Sq Ft
08/31/2017 08/31/17 Sold $1,000,000 -- $485 / Sq Ft View Prior Sale
08/15/2017 08/15/17 Pending -- -- --
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 $23,197 $3,542,000 $1,140,000 $2,402,000
2023 $22,908 $3,327,000 $1,076,000 $2,251,000
2022 $17,288 $4,063,000 $1,211,000 $2,852,000
2021 $10,879 $2,347,000 $997,000 $1,350,000
2020 $6,403 $1,358,000 $950,000 $408,000
2018 $8,380 $1,069,000 $794,000 $275,000
2017 $7,317 $965,000 $718,000 $247,000
2016 $6,812 $898,000 $657,000 $241,000
2015 $6,569 $814,000 $595,000 $219,000
2014 -- $750,000 $550,000 $200,000
2013 -- $604,000 $538,000 $66,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1974730

Northwest Multiple Listing Service (NWMLS)

APN: 217450-2075