Listed by Engel & Voelkers Mercer Island, Bought with AgencyOne
NOT LISTED FOR SALE

Estimated Value: $607,000 - $674,000

2 Beds
2 Baths
1,284 Sq Ft
$758/mo HOA Fee

Last Sold March 15, 2024

Last sale price $610,000 $475 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,600/month

3 Days on Market

Highlights

  • Territorial View
  • Wood Flooring
  • Patio
  • West Mercer Elementary School Rated A
  • Balcony
  • 4-minute walk to Mercerdale Hillside Park

About This Home

As of March 2024

Open & spacious 1284 sq ft, two bed 2 separate bath condo in the heart of downtown MI. This corner unit is bright & open w/large living/dining rm, wood burning fireplace & wet bar, master BR w/en suite bathroom & large 2nd BR next to full hall bathroom & laundry. Wall of windows grace the expansive living rm opening to a covered deck w/territorial views. In-unit W/D, abundant interior closet space thru-out. Located up around the corner from Metropolitan Market, restaurants, nearby parks, shopping, new transit system & I-90. Pet friendly.

Last Agent to Sell the Property

Sam Chapin

Engel & Voelkers Mercer Island License #117668 Listed on: 02/12/2024

Engel & Voelkers Mercer Island

Co-Listed By

Daniel Gottesman

Engel & Voelkers Mercer Island License #39554

Last Buyer's Agent

Pushpa Kamti

AgencyOne License #21007295

AgencyOne

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2198243

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,623

Year Built

  • Built in 1981

Lot Details

  • 0.95

HOA Fees

  • $758 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Wood Siding

Interior Spaces

  • 1,284 Sq Ft Home
  • 4-Story Property
  • Wood Burning Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport

Outdoor Features

  • Balcony
  • Patio

Additional Features

  • Street terminates at a dead end
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, garbage, sewer, water
  • 28 Units
  • Macpherson's Team Association
  • Secondary HOA Phone (425) 747-5900
  • The Chateau Condos
  • Mercer Island Subdivision
  • Park Phone (425) 747-5900 | Manager Colby Hillson

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,623

Year Built

Built in 1981

Lot Details

0

HOA Fees

$758 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1981
  • Buyer Agency Compensation: 3
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: The Chateau
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1284
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 5
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2198243?w=Consumer&agent=101426
  • Special Features: None
  • Cumulative Days on Market: 509

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet, Balcony/Deck/Patio, Fireplace
  • Main Level Bedrooms: 2
  • Stories: 4
  • 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: 2
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Refrigerator,Stove/Range,Washer
  • StorageLocation: Deck
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Flat
  • View: Territorial
  • Lot Features: Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Multi Family
  • ViewFrom: Unit

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Outside Entry
  • Park Manager Name: Colby Hillson
  • Park Manager Phone: 425-747-5900
  • Senior Community: No
  • Association Fee: 758
  • Association Fee Frequency: Monthly
  • Phone: 425-747-5900
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Subj to Restrictions
  • AssociationContactName: Macpherson's Team
  • CommonPropertyFeatures: Outside Entry

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Sewer, Water

Schools

  • Junior High Dist: Mercer Island

Lot Info

  • Parcel Number: 1529000060
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records

Green Features

  • Power Production Type: Electric

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3623

Multi Family

  • Number Of Units In Community: 28
  • EnergySource: Electric
  • UnitsInBuildingTotal: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
Mar 11, 2024
Sold by
Anita L Johnson Revocable Trust
Bought by
Chakrawarthy Korleparla Kalyan and Alekhya Pentapati Alekhya
Seller's Agent
Sam Chapin
Engel & Voelkers Mercer Island
Buyer's Agent
Pushpa Kamti
AgencyOne
List Price
$569,000
Sold Price
$610,000
Premium/Discount to List
$41,000
7.21%
Views
36
Current Estimated Value
$640,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,501
Avg. Annual Appreciation
1.70%
Original Mortgage
$427,000
Outstanding Balance
$421,401
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$203,027

Purchase Details

Closed on
Dec 23, 2006
Sold by
Johnson Anita L
Bought by
Johnson Anita L

Purchase Details

Closed on
Aug 20, 1995
Sold by
Mckenna Terrance and Mckenna Janis C
Bought by
Johnson Anita L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
7.63%
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
Chakrawarthy Korleparla Kalyan $610,000 Fidelity National Title
Johnson Anita L -- None Available
Johnson Anita L $135,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chakrawarthy Korleparla Kalyan $427,000
Previous Owner Chateau Meridian Llc $2,650,000
Previous Owner Johnson Anita L $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $610,000 +7.2% $475 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
02/12/2024 02/12/24 For Sale $569,000 -- $443 / 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 $3,658 $556,000 $109,900 $446,100
2023 $4,360 $631,000 $107,200 $523,800
2022 $3,947 $588,000 $103,200 $484,800
2021 $3,977 $534,000 $103,200 $430,800
2020 $3,964 $495,000 $103,200 $391,800
2018 $3,308 $449,000 $103,200 $345,800
2017 $2,656 $380,000 $103,200 $276,800
2016 $2,443 $325,000 $103,200 $221,800
2015 $2,408 $291,000 $103,200 $187,800
2014 -- $274,000 $100,500 $173,500
2013 -- $195,000 $100,500 $94,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2198243

Northwest Multiple Listing Service (NWMLS)

APN: 152900-0060