NOT LISTED FOR SALE

Estimated Value: $527,000 - $665,000

2 Beds
1 Bath
1,240 Sq Ft
1.37 Acres

Last Sold September 21, 2021

Last sale price $566,000 $456 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,744/month

4 Days on Market

Highlights

  • City View
  • Contemporary Architecture
  • 1 Fireplace
  • West Mercer Elementary School Rated A
  • Bamboo Flooring
  • 3-minute walk to N. Mercerdale Hillside Open Space

About This Home

As of September 2021

Beautiful 2 bed/2 Bath Mercer Island Condo has it all. Walking distance to shops, stores & restaurants and nearly completed light rail transit! Floor to ceiling windows in the living room open up to a spacious balcony with a view of the Cascade Mountains. Updated kitchen with SS appliances and granite countertops. Large Master Suite with huge closet and marble tile bathroom. Utility room with washer/dryer hookups and newly replaced hot water tank. This home shines with a beautiful bright layout and hardwoods throughout! Complex features indoor pool, sauna, workout room, reserved covered parking spot, laundry room, storage space and secured entry. Exterior soon to get a lovely facelift. Strong HOA with no rental cap and top rated MI schools!

Last Listed By

Karel Sir

WeLakeside License #123898 Listed on: 08/06/2021

WeLakeside

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1816507

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,559

Year Built

  • Built in 1968

Lot Details

  • 1.37

Property Views

  • City
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Stucco
  • Vinyl Construction Material

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Laminate
  • Ceramic Tile

Parking

  • Carport
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 5569600130

Community Details

Overview

  • 52 Units
  • Downtown Community
  • 5-Story Property

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,559

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Contemporary
  • Unit Floor Number: 2
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Bamboo/Cork, Ceramic Tile, Laminate Tile, O
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • 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
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Storage: Ground Floor
  • Storage Number: 29
  • Estimated Sq Ft: 1240

Exterior Features

  • Exterior: Cement/Concrete, Metal/Vinyl, Stucco
  • Roof: Flat
  • View: City, Mountain, Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Carport, Off Street
  • Parking Space Number: 35

Utilities

  • Heating And Cooling: Baseboard, Insert
  • Water Heater: Utility Room-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 52
  • Numberof Units In Complex: 52
  • HOA Fees: 501
  • Community Name: Downtown
  • Project: Monaco Villa
  • Cats And Dogs: Cats Only, Dogs Only
  • Manager Contact Information: Debbie Weaver (425) 652-7132
  • Association Contact: Debbie Weaver (425) 652-7132
  • Common Property Features: Cable Tv, Elevator, Exercise Room, High Speed Int Avail, Laundry Room, Lobby Entrance, Outside Entry, Pool-Indoor, Sauna, Security Gate
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Master Bath

Schools

  • Elementary School: West Mercer Elem
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Parcel Number: 5569600130

Tax Info

  • Tax Amount: 3393

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Sep 15, 2021
Sold by
Milkie Nicole and The Nm Living Trust
Bought by
Reyes Adriana S and Reyes Mario Alberto
Seller's Agent
Karel Sir
WeLakeside
Buyer's Agent
Gina Guajardo
Real Estate Collection
List Price
$569,000
Sold Price
$566,000
Premium/Discount to List
-$3,000
-0.53%
Total Days on Market
4
Current Estimated Value
$621,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,633
Avg. Annual Appreciation
2.60%
Original Mortgage
$452,800
Outstanding Balance
$415,923
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$205,710

Purchase Details

Closed on
Dec 17, 2020
Sold by
Milkie Nicole
Bought by
Milkie Nicole and The Nm Living Trust

Purchase Details

Listed on
Jan 8, 2014
Closed on
Feb 3, 2014
Sold by
Fraser Eric J and Riley Catherine T
Bought by
Milkie Nicole A
Seller's Agent
Ted Bash
Windermere RE/Capitol Hill,Inc
Buyer's Agent
John Stewart
Coldwell Banker Bain
List Price
$340,000
Sold Price
$330,000
Premium/Discount to List
-$10,000
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.78%

Purchase Details

Closed on
Feb 20, 2007
Sold by
Rooney Donald F
Bought by
Fraser Eric J and Riley Catherine T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,200
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2006
Sold by
Kerk Timothy A
Bought by
Rooney Donald F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2005
Sold by
Lovelett Manford R
Bought by
Kerk Timothy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
5.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 13, 1985
Sold by
Davenport Earl M
Bought by
Lovelett Ellen G and Lovelett Manford R

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
Reyes Adriana S $566,000 Rainier Title
Milkie Nicole -- None Available
Milkie Nicole A $330,000 Cw Title Co
Fraser Eric J $369,000 Commonwealth L
Rooney Donald F $329,950 Chicago Title
Kerk Timothy A $206,000 Chicago Title
Lovelett Ellen G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Adriana S $452,800
Previous Owner Fraser Eric J $276,500
Previous Owner Fraser Eric J $295,200
Previous Owner Rooney Donald F $130,000
Previous Owner Kerk Timothy A $187,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2021 09/21/21 Sold $566,000 -0.5% $456 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $569,000 +72.4% $459 / Sq Ft
02/10/2014 02/10/14 Sold $330,000 -2.9% $266 / Sq Ft
01/14/2014 01/14/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $340,000 -- $274 / 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 $3,559 $541,000 $92,700 $448,300
2023 $3,292 $610,000 $91,500 $518,500
2022 $3,255 $534,000 $89,200 $444,800
2021 $3,393 $440,000 $89,200 $350,800
2020 $3,806 $422,000 $89,200 $332,800
2018 $3,455 $471,000 $89,200 $381,800
2017 $2,933 $397,000 $89,200 $307,800
2016 $2,719 $359,000 $89,200 $269,800
2015 $2,644 $324,000 $89,200 $234,800
2014 -- $301,000 $86,900 $214,100
2013 -- $215,000 $86,900 $128,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1816507

Northwest Multiple Listing Service (NWMLS)

APN: 556960-0130