Listed by The Preview Group, Bought with Windermere Mercer Island
NOT LISTED FOR SALE

Estimated Value: $634,000 - $715,000

2 Beds
2 Baths
1,240 Sq Ft
$564/mo HOA Fee

Last Sold June 29, 2022

Last sale price $649,950 $524 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,469/month

7 Days on Market

Highlights

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

About This Home

As of June 2022

Mercer Island, Exceptional Living! One level, Newly updated throughout with fresh paint, carpet, luxury vinyl plank flooring, new kitchen counter tops & shaker cabinets, oven/range, refrigerator stays. Open dining/living room. Warm up with a Gas fireplace. The view off the large balcony is amazing both day & evening. In unit Laundry, stackable Bosch vent less Washer & Dryer included. Master Bedroom w/adjoining bath. Circadian lighting in bedrooms. Great School District. (Investors) NO rental cap. Building Amenities- Elevator, Indoor swimming pool, exercise room. Covered carport. Close to shopping, walking trails, parks. Easy access to I-90 for communing to Seattle, Bellevue. Close to New light rail. Ready to move now!

Last Agent to Sell the Property

Lori A. Brandel

The Preview Group License #7431 Listed on: 05/17/2022

The Preview Group

Last Buyer's Agent

Petra Varney

Windermere Mercer Island License #137205

Windermere Mercer Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1934231

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,550

Year Built

  • Built in 1968

Lot Details

  • 1.37

HOA Fees

  • $564 Monthly HOA Fees

Property Views

  • City
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Bitumen Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,240 Sq Ft Home
  • 1 Fireplace

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Electric Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport

Outdoor Features

  • Balcony
  • Patio

Schools

  • Islander Mid Middle School
  • Mercer Isl High School

Additional Features

  • East Facing Home
  • Property is near public transit
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5569600300

Community Details

Overview

  • Association fees include common area maintenance, garbage, lawn service, road maintenance, sewer, water
  • 52 Units
  • Joe Peloso Association
  • Secondary HOA Phone (425) 553-1297
  • Monaco Villa Condos
  • Downtown Subdivision
  • Park Phone (425) 553-1297 | Manager Joe Peloso
  • 5-Story Property

Amenities

  • Elevator
  • Lobby

Recreation

  • Fitness Center
  • Community Indoor Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,550

Year Built

Built in 1968

Lot Details

0

HOA Fees

$564 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1968
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Monaco Villa
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1240
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 6
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,Walk-in Closet
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,141

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 5
  • Bathrooms: 1.75
  • 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: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 4
  • StorageNo: 43
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: 4th Floor
  • WindowCoverings: Bedrooms only

Exterior Features

  • Roof: Flat, Torch Down
  • View: City, Mountain(s), Territorial
  • Lot Features: Alley, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Stucco, Wood
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ConstructionMethods: Standard Frame
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 34

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Common Area Maintenance, Garbage, Road Maintenance
  • HeatingCoolingType: Wall
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Laundry Room
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Elevator, Exercise Room, Lobby Entrance, Indoor Pool
  • Park Manager Name: Joe Peloso
  • Park Manager Phone: 425-553-1297
  • Senior Community: No
  • Association Fee: 564
  • Association Fee Frequency: Monthly
  • Phone: 425-553-1297
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Subj to Restrictions
  • AssociationContactName: Joe Peloso
  • CoOp: false
  • CommonPropertyFeatures: Elevator,Exercise Room,Lobby Entrance,Pool-Indoor

Fee Information

  • Association Fee Includes: Common Area Maintenance, 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: 5569600300
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public records
  • MLSSquareFootageSource: Public records

Green Features

  • Power Production Type: Electric

Rental Info

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

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3550

Multi Family

  • Number Of Units In Community: 52
  • EnergySource: Electric
  • UnitsInBuildingTotal: 52

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Jun 17, 2022
Sold by
Hong and Caroline
Bought by
Gersch Lauren M
Seller's Agent
Lori A. Brandel
The Preview Group
Buyer's Agent
Petra Varney
Windermere Mercer Island
List Price
$649,950
Sold Price
$649,950
Current Estimated Value
$656,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,857
Avg. Annual Appreciation
0.27%
Original Mortgage
$335,000
Outstanding Balance
$320,947
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$334,529

Purchase Details

Closed on
Sep 21, 2007
Sold by
Kogan Mary
Bought by
Haroutunian Rafael R and Torres Barbara H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,600
Interest Rate
6.61%

Purchase Details

Closed on
Aug 21, 1997
Sold by
Zech Sandra Joy
Bought by
Kogan Mary
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
Gersch Lauren M $649,950 Chicago Title
Haroutunian Rafael R $369,500 Transnation Ti
Kogan Mary $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gersch Lauren M $335,000
Previous Owner Haroutunian Rafael R $100,000
Previous Owner Haroutunian Rafael R $271,100
Previous Owner Haroutunian Rafael R $276,300
Previous Owner Haroutunian Rafael R $277,500
Previous Owner Haroutunian Rafael R $292,515
Previous Owner Haroutunian Rafael R $295,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2022 06/29/22 Sold $649,950 0.0% $524 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $649,950 +44.4% $524 / Sq Ft
07/01/2021 07/01/21 Sold $450,000 -6.1% $363 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $479,000 -- $386 / 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 $3,710 $564,000 $99,400 $464,600
2023 $3,475 $639,000 $98,200 $540,800
2022 $3,550 $564,000 $95,700 $468,300
2021 $3,585 $480,000 $95,700 $384,300
2020 $3,877 $446,000 $95,700 $350,300
2018 $3,628 $489,000 $95,700 $393,300
2017 $3,063 $417,000 $95,700 $321,300
2016 $2,853 $375,000 $95,700 $279,300
2015 $2,722 $340,000 $95,700 $244,300
2014 -- $310,000 $93,200 $216,800
2013 -- $224,000 $93,200 $130,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1934231

Northwest Multiple Listing Service (NWMLS)

APN: 556960-0300