NOT LISTED FOR SALE

Estimated Value: $1,610,000 - $2,031,000

3 Beds
1.5 Baths
1,960 Sq Ft
$913/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $1,425,000 $727 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $10,691/month

38 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • 1 Car Attached Garage
  • West Mercer Elementary School Rated A
  • No HOA
  • 3-minute walk to N. Mercerdale Hillside Open Space

About This Home

As of June 2023

Mercer Island basement rambler with superior location and large flat lot! So many possibilities! Over 2,200 sq ft offers an opportunity to stay within the confines and make something special. Expand and take advantage of beautiful easterly facing mountain views? Home currently has AC, hardwood flrs and wood fireplace on the main level. Roof, electrical, furnace & heat pump appear to be in good condition and the sewer line was replaced from house to man-hole in 2001 (Inspection & sewer scope provided). 16,177 sq ft lot and close to freeway, shopping, parks, schools, etc. This is the canvass you have been waiting for in your dream spot. Private driveway to the south of home located at 2916 74th Ave SE. Nice and quiet location!

Last Agent to Sell the Property

Scott Lansing

Berkshire Hathaway HS NW License #45332 Listed on: 04/13/2023

Berkshire Hathaway HS NW

Last Buyer's Agent

Scott Lansing

Berkshire Hathaway HS NW License #45332 Listed on: 04/13/2023

Berkshire Hathaway HS NW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2055141

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,209

Year Built

  • Built in 1951

Lot Details

  • 0.37 Acre Lot
  • East Facing Home
  • Partially Fenced Property
  • Level Lot
  • Zoning described as R8.4

Parking

  • 1 Car Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,960 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Room
  • Mountain Views
  • Partially Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

Outdoor Features

  • Patio
  • Outbuilding

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Water Heater

Community Details

  • No Home Owners Association
  • First Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5315100848

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,209

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1951
  • Inclusions: Dishwasher,Refrigerator,StoveRange,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2240
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 802

Interior Features

  • Fireplaces: 1
  • Basement: Daylight, Partially Finished
  • Appliances: Dishwasher, Refrigerator, Stove/Range
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Concrete, Hardwood, Vinyl, Carpet
  • Interior Amenities: Concrete, Hardwood, Wall to Wall Carpet, Dining Room, Fireplace, Water Heater
  • Living Area: 1960
  • Main Level Bedrooms: 2
  • Bathrooms: 1.5
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1960
  • SquareFootageUnfinished: 280
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 1
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Refrigerator,Stove/Range
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: House
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Central A/C
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of MI
  • WaterCompany: City of MI
  • WaterHeaterLocation: Basement
  • WaterHeaterType: Electric
  • CableConnected: Comcast

Condo/Co-op/Association

  • 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: 5315100848
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.3714
  • Lot Size Sq Ft: 16177
  • Zoning Description: R8.4
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Gas Available,Outbuildings,Patio
  • MLSLotSizeSource: Tax records
  • MLSSquareFootageSource: Tax records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 10209

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: West Mercer Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
Jun 26, 2023
Sold by
Saito Family Trust
Bought by
Nguyen Brandon D
Seller's Agent
Scott Lansing
Berkshire Hathaway HS NW
Buyer's Agent
Scott Lansing
Berkshire Hathaway HS NW
List Price
$1,699,000
Sold Price
$1,425,000
Premium/Discount to List
-$274,000
-16.13%
Views
25
Current Estimated Value
$1,785,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,720
Avg. Annual Appreciation
11.08%
Original Mortgage
$1,137,680
Outstanding Balance
$1,112,115
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$664,670

Purchase Details

Closed on
Mar 5, 1992
Sold by
Saito Keigo and Saito Jane Y
Bought by
Saito Keigo and Saito Jane Y
Source: Public Records

Range of Values:

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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
Nguyen Brandon D $1,425,000 Equity Title
Saito Keigo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Brandon D $1,137,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2023 06/29/23 Sold $1,425,000 -4.9% $727 / Sq Ft
05/21/2023 05/21/23 Pending -- -- --
05/18/2023 05/18/23 Price Changed $1,499,000 -6.3% $765 / Sq Ft
04/19/2023 04/19/23 Price Changed $1,599,000 -5.9% $816 / Sq Ft
04/13/2023 04/13/23 For Sale $1,699,000 -- $867 / 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 $9,946 $1,517,000 $1,408,000 $109,000
2023 $9,823 $1,425,000 $1,329,000 $96,000
2022 $10,209 $1,853,000 $1,495,000 $358,000
2021 $9,800 $1,385,000 $1,231,000 $154,000
2020 $8,068 $1,223,000 $1,173,000 $50,000
2018 $7,834 $999,000 $875,000 $124,000
2017 $6,617 $902,000 $792,000 $110,000
2016 $6,160 $812,000 $724,000 $88,000
2015 $5,939 $736,000 $656,000 $80,000
2014 -- $678,000 $607,000 $71,000
2013 -- $663,000 $615,000 $48,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2055141

Northwest Multiple Listing Service (NWMLS)

APN: 531510-0848