Listed by Realogics Sotheby's Int'l Rlty, Bought with Windermere Real Estate/East
NOT LISTED FOR SALE

Monaco Villa 2929 76th Ave SE Unit 509B Mercer Island, WA 98040

Downtown Mercer Island Neighborhood

Estimated Value: $666,710 - $839,000

2 Beds
1 Bath
1,260 Sq Ft
1.37 Acres

Last Sold June 13, 2019

Last sale price $605,000 $480 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,317/month

53 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 June 2019

Top Floor penthouse w/ views of downtown Bellevue, mountains & lake. Skillfully renovated 2019 downtown condo has everything you’ve been looking for: an Urban Island Lifestyle at its finest! Skylights, top-quality upgrades & ideal open concept design. Sophisticated Chef’s kitchen centers around over-sized quartz island. Recessed can lighting & engineered hardwood throughout. Spacious Master suite. 1 parking spot. Located close to shops, parks & amenities and easy commute. No rental cap!

Last Agent to Sell the Property

Julie Horgdal

Realogics Sotheby's Int'l Rlty License #63760 Listed on: 03/19/2019

Realogics Sotheby's Int'l Rlty

Co-Listed By

Joshua Thurman

Realogics Sotheby's Int'l Rlty License #78616

Last Buyer's Agent

Nadia Ali

Windermere Real Estate/East License #132581

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1424723

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,070

Year Built

  • Built in 1968

Lot Details

  • Street terminates at a dead end

Parking

  • Carport

Property Views

  • Lake
  • City
  • Mountain

Home Design

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

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Blinds

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 5569600490

Community Details

Overview

  • 52 Units
  • Downtown Community
  • 5-Story Property

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,070

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Contemporary
  • Entrance Level: Main
  • Senior Exemption: Y
  • Unit Floor Number: 5
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Hardwood
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • 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
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: 1st Floor
  • Storage Number: 33
  • Estimated Sq Ft: 1260
  • Window Coverings: blinds

Exterior Features

  • Exterior: Stucco
  • Roof: Flat, Torch Down
  • View: City, Lake, Mountain

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Carport
  • Parking Space Number: 15

Utilities

  • Heating And Cooling: Baseboard
  • Water Heater: electric

Condo/Co-op/Association

  • Numberof Units in Building: 52
  • Numberof Units In Complex: 1
  • HOA Fees: 528
  • Community Name: Downtown
  • Project: Monaco Villa
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Yates Wood McDonald (206) 268-3309
  • Association Contact: Kathleen Chafin (206) 268-3309
  • Common Property Features: Cable Tv, Elevator, Exercise Room, High Speed Int Avail, Pool-Indoor
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer
  • Unit Features: Balcony/Deck/Patio, Master Bath, Penthouse, Skylights, Top Floor

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Dead End Street, Paved Street, Sidewalk
  • Parcel Number: 5569600490

Tax Info

  • Tax Amount: 3646

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2023
Sold by
Motewelli Medhi and Motewelli Parvin
Bought by
Hemlock Investments Llc
Current Estimated Value
$753,178

Purchase Details

Listed on
Mar 19, 2019
Closed on
Jun 7, 2019
Sold by
Market Ready Properties Llc
Bought by
Abedi Parvin and Motewelli Mehdi
Seller's Agent
Julie Horgdal
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Nadia Ali
Windermere Real Estate/East
List Price
$645,000
Sold Price
$605,000
Premium/Discount to List
-$40,000
-6.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.34%
Original Mortgage
$484,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2018
Sold by
Kaufman Benjamin David
Bought by
Market Ready Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.7%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 19, 2010
Sold by
Keylin Benjamin David
Bought by
Kaufman Benjamin David

Purchase Details

Closed on
Feb 18, 2004
Sold by
Loschky Ingeborg
Bought by
Keylin Benjamin David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hemlock Investments Llc $313 None Listed On Document
Abedi Parvin $605,000 Rainier Title
Market Ready Properties Llc $500,000 Rainier Title
Kaufman Benjamin David -- None Available
Keylin Benjamin David $219,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abedi Parvin $484,000
Previous Owner Market Ready Properties Llc $425,000
Previous Owner Market Ready Properties Llc $400,000
Previous Owner Kaufman Benjamin David $180,000
Previous Owner Kaufman Benjamin D $160,600
Previous Owner Keylin Benjamin D $100,000
Previous Owner Keylin Benjamin David $175,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2019 06/13/19 Sold $605,000 -3.2% $480 / Sq Ft
05/11/2019 05/11/19 Pending -- -- --
05/02/2019 05/02/19 Price Changed $625,000 -3.1% $496 / Sq Ft
04/10/2019 04/10/19 For Sale $645,000 0.0% $512 / Sq Ft
03/26/2019 03/26/19 Pending -- -- --
03/19/2019 03/19/19 For Sale $645,000 -- $512 / 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 $4,070 $619,000 $102,800 $516,200
2023 $3,892 $707,000 $101,500 $605,500
2022 $4,028 $632,000 $98,900 $533,100
2021 $4,065 $545,000 $98,900 $446,100
2020 $4,493 $506,000 $98,900 $407,100
2018 $3,646 $493,000 $98,900 $394,100
2017 $3,079 $419,000 $98,900 $320,100
2016 $2,878 $377,000 $98,900 $278,100
2015 $2,749 $343,000 $98,900 $244,100
2014 -- $313,000 $96,400 $216,600
2013 -- $226,000 $96,400 $129,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Julie Horgdal

    Reaologics Sothebys International Realty

    (206) 930-0511

    1 in this area

    6 Total Sales

    Julie Horgdal
    Section Image
  • Joshua Thurman

    Seller Co-Listing Agent in 2019

    Joshua Thurman

    Reaologics Sothebys International Realty

    (206) 321-3129

    2 in this area

    32 Total Sales

    Joshua Thurman
    Section Image
  • Nadia Ali

    Buyer's Agent in 2019

    Nadia Ali

    Windermere Corporate

    (425) 455-5300

    9 Total Sales

    Nadia Ali
    Section Image
See All Agents

About Monaco Villa

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1424723

Northwest Multiple Listing Service (NWMLS)

APN: 556960-0490

Washington King County Mercer Island 98040 Downtown Mercer Island

2929 76th Ave SE Unit 509B, Mercer Island, WA

This home is located at 2929 76th Ave SE Unit 509B, Mercer Island, WA 98040 since 19 March 2019 and is currently estimated at $753,178, approximately $597 per square foot. This property was built in 1968. 2929 76th Ave SE Unit 509B is a home located in King County with nearby schools including West Mercer Elementary School, Islander Middle School, and Mercer Island High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

Nearby Homes