Listed by WeLakeside, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

Estimated Value: $754,000 - $910,000

3 Beds
2 Baths
1,541 Sq Ft
$623/mo HOA Fee

Last Sold June 03, 2022

Last sale price $927,500 $602 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $5,341/month

Highlights

  • Unit is on the top floor
  • Mountain View
  • Vaulted Ceiling
  • West Mercer Elementary School Rated A
  • Clubhouse
  • 3-minute walk to N. Mercerdale Hillside Open Space

About This Home

As of June 2022

Rare available 3 bedroom view condo in the heart of Mercer Island! This sought after Top Floor End unit in Islandaire features over 1,500sf of living space w/3 spacious bedrooms, 2 updated bathrooms, oversized living/dining area w/vaulted ceiling, large kitchen w/breakfast bar & stainless appls. Off the living room is your own private & covered deck w/storage that has a great territorial and mountain view looking out over Mercer Island. Amenities incl dedicated & covered parking spot & outdoor swimming pool! Walk to the metropolitan market, restaurant, café, and shops. Easy access to Bellevue, Seattle, I-90 and future light rail (2023). Top rated schools. Pre-inspected.

Last Agent to Sell the Property

Sara Zhu

WeLakeside License #118358 Listed on: 05/04/2022

WeLakeside

Last Buyer's Agent

Hyo-Yang Ahn-White

John L. Scott, Inc. License #132551

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1926821

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,396

Year Built

  • Built in 1972

Lot Details

  • 2.95

HOA Fees

  • $623 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Common or Shared Parking

Property Views

  • Mountain
  • Territorial

Home Design

  • Shake Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,541 Sq Ft Home
  • 4-Story Property
  • Vaulted Ceiling

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

  • Water Heater
  • High Speed Internet

Additional Features

  • End Unit
  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 3629100440

Community Details

Overview

  • Association fees include earthquake insurance, garbage, lawn service, road maintenance, sewer, water
  • Legacy Management Association
  • Secondary HOA Phone (425) 519-3615
  • Mercer Island Subdivision

Amenities

  • Clubhouse
  • Elevator
  • Lobby

Recreation

  • Trails

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,396

Year Built

Built in 1972

Lot Details

0

HOA Fees

$623 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1972
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1541
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Primary Bath,Top Floor,Vaulted Ceilings
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Laminate, Slate, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer, Water Heater
  • Main Level Bedrooms: 3
  • Stories: 4
  • Bathrooms: 1.75
  • BathsFullMain: 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: 4
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: Patio

Exterior Features

  • Roof: Cedar Shake
  • View: Mountain(s), Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Structure Type: Multi Family
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 7

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Garbage, Road Maintenance
  • HeatingCoolingType: Baseboard
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Kitchen closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Club House, Elevator, High Speed Int Avail, Lobby Entrance, Outside Entry, Pool, Trail(s)
  • Senior Community: No
  • Association Fee: 623
  • Association Fee Frequency: Monthly
  • Phone: 425-519-3615
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Subj to Restrictions
  • AssociationContactName: Legacy Management
  • CommonPropertyFeatures: Club Houses,Elevator,High Speed Int Avail,Lobby Entrance,Outside Entry,Pool-Outdoor,Trails

Fee Information

  • Association Fee Includes: 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: 3629100440
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: At or above Rental Cap (See Remarks)

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4396
  • AdditionalTaxIds: 3629100710

Multi Family

  • EnergySource: Electric
  • UnitsInBuildingTotal: 64

MLS Schools

  • Elementary School: West Mercer Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
May 20, 2022
Sold by
Jiang and Yanfel
Bought by
Kim Sanghoon and Chu Jung A
Seller's Agent
Sara Zhu
WeLakeside
Buyer's Agent
Hyo-Yang Ahn-White
John L. Scott, Inc.
List Price
$848,000
Sold Price
$927,500
Premium/Discount to List
$79,500
9.38%
Current Estimated Value
$829,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$98,216
Avg. Annual Appreciation
-2.76%
Original Mortgage
$742,000
Outstanding Balance
$708,894
Interest Rate
5.25%
Mortgage Type
Balloon
Estimated Equity
$136,850

Purchase Details

Closed on
Feb 25, 2021
Sold by
Jiang Chenda and Gong Yanfei
Bought by
Jiang Chenda and Gong Yanfei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 31, 2019
Closed on
Jul 1, 2019
Sold by
Somkul Pedersen Preben B and Somkul Asava Aree
Bought by
Jiang Chenda and Gong Yanfei
Seller's Agent
Loren Ellingson
Redfin
Buyer's Agent
George Li
WeLakeside
List Price
$599,950
Sold Price
$622,000
Premium/Discount to List
$22,050
3.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%
Original Mortgage
$462,800
Interest Rate
4%

Purchase Details

Closed on
Mar 25, 2013
Sold by
Hasson Barbara R and Athadeff Joseph D
Bought by
Pedersen Preben B and Asava Aree Somkul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.37%

Purchase Details

Closed on
Jul 3, 2002
Sold by
Steinberg Morris
Bought by
Steinberg Sally A

Purchase Details

Closed on
Mar 13, 1997
Sold by
Mastro Michael R and Mastro Joan K
Bought by
Alhadeff David J and Alhadeff Sally
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
Kim Sanghoon $927,500 Old Republic Title
Jiang Chenda -- None Listed On Document
Jiang Chenda $622,000 First American Title
Pedersen Preben B $293,000 Rainier Title
Steinberg Sally A -- --
Alhadeff David J -- Pacific Northwest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Sanghoon $742,000
Previous Owner Jiang Chenda $451,000
Previous Owner Jiang Chenda $462,800
Previous Owner Pedersen Preben B $225,000
Previous Owner Steinberg Sally A $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $927,500 +9.4% $602 / Sq Ft
05/07/2022 05/07/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $848,000 +36.3% $550 / Sq Ft
07/05/2019 07/05/19 Sold $622,000 +3.7% $404 / Sq Ft
06/04/2019 06/04/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $599,950 -- $389 / 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 $4,063 $618,000 $163,600 $454,400
2023 $4,137 $797,000 $163,600 $633,400
2022 $4,396 $672,000 $161,500 $510,500
2021 $4,288 $595,000 $161,500 $433,500
2020 $3,916 $534,000 $161,500 $372,500
2018 $3,819 $471,000 $161,500 $309,500
2017 $3,282 $439,000 $161,500 $277,500
2016 $3,036 $402,000 $161,500 $240,500
2015 $2,862 $362,000 $161,500 $200,500
2014 -- $326,000 $157,300 $168,700
2013 -- $242,000 $157,300 $84,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1926821

Northwest Multiple Listing Service (NWMLS)

APN: 362910-0440