Listed by Windermere Real Estate/East, Bought with Kelly Right RE of Seattle LLC
NOT LISTED FOR SALE

Estimated Value: $377,307 - $562,000

1 Bed
1 Bath
800 Sq Ft
1.37 Acres

Last Sold July 17, 2015

Last sale price $260,000 $325 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,765/month

47 Days on Market

Highlights

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

About This Home

As of July 2015

Spectacular open views of Cascade Mountain, Lake WA and city. Very bright & sunny condo with wall of windows in a well managed/quiet Monaco Villa in downtown Mercer Island. Easy commute to Seattle/Bellevue/Redmond and more. Convenient to shops, Starbucks, restaurants, Park & Ride. Indoor pool & Sauna. 80 sf view deck. newer roof. Covered parking & storage. Excellent Schools. You'll enjoy this wonderful home!

Last Agent to Sell the Property

Feng Hong

Windermere Real Estate/East License #79491 Listed on: 03/25/2015

Windermere Real Estate/East

Last Buyer's Agent

Frank Bui

Kelly Right RE of Seattle LLC License #23202

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM761711

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1968

Lot Details

  • 1.37

Property Views

  • Lake
  • City
  • Mountain
  • Territorial
  • Limited

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 1 Fireplace

Kitchen

  • Double Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 5569600340

Community Details

Overview

  • 52 Units
  • Downtown Community
  • 5-Story Property

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Contemporary
  • Entrance Level: Main
  • Unit Floor Number: 4
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Hardwood, Vinyl, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Refrigerator, Washer
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplace Type: Gas
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: 4
  • Storage Number: 1
  • Estimated Sq Ft: 800
  • Window Coverings: Curtain

Exterior Features

  • Exterior: Stucco
  • Roof: Flat
  • View: City, Lake, Mountain, Partial, Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Carport, Off Street
  • Parking Space Number: 12

Utilities

  • Heating And Cooling: Baseboard
  • Water Heater: Electric

Condo/Co-op/Association

  • Numberof Units in Building: 52
  • Numberof Units In Complex: 52
  • HOA Fees: 267
  • Community Name: Downtown
  • Project: monaco villa
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Ecodo
  • Association Contact: (425) 637-0420
  • Common Property Features: Elevator, Exercise Room, High Speed Int Avail, Lobby Entrance, Outside Entry, Pool-Indoor, Sauna
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer
  • Unit Features: Balcony/Deck/Patio

Schools

  • School District: MIS

Lot Info

  • Lot Details: Paved Street, Sidewalk
  • Lot Sq Ft: 59544
  • Parcel Number: 5569600340

Tax Info

  • Tax Amount: 1441

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2015
Closed on
Jul 16, 2015
Sold by
Newman James and Lu Ping
Bought by
Trieu Paul M
Seller's Agent
Feng Hong
Windermere Real Estate/East
Buyer's Agent
Frank Bui
Kelly Right RE of Seattle LLC
List Price
$288,000
Sold Price
$260,000
Premium/Discount to List
-$28,000
-9.72%
Current Estimated Value
$483,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,577
Avg. Annual Appreciation
6.15%
Original Mortgage
$165,000
Outstanding Balance
$129,284
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$354,294

Purchase Details

Closed on
Apr 7, 2006
Sold by
Soeprono Andrew M and Pastor Janene L
Bought by
Newman James and Lu Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 1, 2003
Sold by
Corin Phillip E and Corin Ann B
Bought by
Soeprono Andrew M and Pastor Janene L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2002
Sold by
Duran Amy M
Bought by
Corin Phillip E and Corin Ann B

Purchase Details

Closed on
Sep 12, 1990
Sold by
Ryan William F and Ryan Lenore N
Bought by
Duran Amy M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Trieu Paul M $260,000 Cw Title Co
Newman James $220,000 The Talon Grou
Soeprono Andrew M $165,000 Lawyers Title
Corin Phillip E $165,000 Chicago Title Insurance Co
Duran Amy M $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trieu Paul M $165,000
Previous Owner Newman James $176,000
Previous Owner Soeprono Andrew M $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2015 07/17/15 Sold $260,000 -9.7% $325 / Sq Ft
05/12/2015 05/12/15 Pending -- -- --
03/25/2015 03/25/15 For Sale $288,000 -- $360 / 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 $2,663 $404,000 $70,700 $333,300
2023 $2,556 $462,000 $69,800 $392,200
2022 $2,542 $414,000 $68,100 $345,900
2021 $2,649 $343,000 $68,100 $274,900
2020 $2,866 $329,000 $68,100 $260,900
2018 $2,588 $352,000 $68,100 $283,900
2017 $2,217 $297,000 $68,100 $228,900
2016 $2,042 $271,000 $68,100 $202,900
2015 $1,909 $243,000 $68,100 $174,900
2014 -- $217,000 $66,300 $150,700
2013 -- $157,000 $66,300 $90,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM761711

Northwest Multiple Listing Service (NWMLS)

APN: 556960-0340