NOT LISTED FOR SALE

Estimated Value: $306,403 - $410,000

-- Bed
1 Bath
457 Sq Ft
2.1 Acres

Last Sold October 10, 2012

Last sale price $117,000 $256 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $2,059/month

10 Days on Market

Highlights

  • Lake View
  • 1 Fireplace
  • 4-minute walk to Mercerdale Hillside Park
  • West Mercer Elementary School Rated A
  • Wall to Wall Carpet

About This Home

As of October 2012

Live life in the heart of downtown Mercer Island with this fabulous studio condo! Step out your door to parks, shopping, restaurants & more. Great natural light streams in from huge picture window. Enjoy dining on your balcony & the sounds of Music in the Park from nearby Mercerdale Park. Huddle up in front of a wood burning fireplace on cold winter nights. Just minutes to Mercer Island Park N Ride for easy commutes to Bellevue or Seattle--great commuter location! Laundry/Exercise rooms on site.

Last Agent to Sell the Property

Tracy Krueger

RE/MAX Gateway License #49661 Listed on: 09/01/2012

RE/MAX Gateway

Last Buyer's Agent

Rachel Adler

Windermere Mercer Island License #26506

Windermere Mercer Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM400195

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,917

Year Built

  • Built in 1977

Lot Details

  • Street terminates at a dead end

Property Views

  • Lake
  • City
  • Mountain
  • Territorial

Home Design

  • Flat Roof Shape
  • Bitumen Roof
  • Cement Board or Planked

Interior Spaces

  • 3-Story Property
  • 1 Fireplace
  • Blinds

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • Uncovered Parking
  • Off-Street Parking

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 3623000040

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,917

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: Condo (1 Level)
  • Entrance Level: Main
  • Unit Floor Number: 2
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric
  • Appliances That Stay: Dishwasher, Range/Oven, Refrigerator
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Fireplace Type: Wood
  • Fireplaces: 1
  • Kitchen: Main
  • Living Room: Main
  • Storage: Deck
  • Storage Number: Attached
  • Estimated Sq Ft: 457
  • Window Coverings: Blinds

Exterior Features

  • Exterior: Cement Planked
  • Roof: Flat, Torch Down
  • View: City, Lake, Mountain, Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Off Street, Uncovered
  • Parking Space Number: 10

Utilities

  • Heating And Cooling: Baseboard
  • Water Heater: Hall Closet-Electric

Condo/Co-op/Association

  • Numberof Units In Complex: 69
  • HOA Fees: 173
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Yates,Wood,Mac (206) 268-3314
  • Association Contact: Kathleen Chafin (206) 268-3300
  • Common Property Features: Cable Tv, Club House, Exercise Room, Laundry Room
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer
  • Unit Features: Balcony/Deck/Patio, Insulated Windows

Schools

  • School District: MIS

Lot Info

  • Lot Details: Curbs, Dead End Street, Paved Street, Sidewalk
  • Parcel Number: 3623000040

Tax Info

  • Tax Amount: 1073

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2012
Closed on
Oct 5, 2012
Sold by
Mikels Ruth Ann and Tuttle James R
Bought by
Mcgowan Christopher J and Wilkinson Lillian Christina
Seller's Agent
Tracy Krueger
RE/MAX Gateway
Buyer's Agent
Rachel Adler
Windermere Mercer Island
List Price
$117,000
Sold Price
$117,000
Total Days on Market
10
Current Estimated Value
$357,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,851
Avg. Annual Appreciation
9.05%
Original Mortgage
$87,750
Outstanding Balance
$62,035
Interest Rate
3.58%
Estimated Equity
$289,336

Purchase Details

Closed on
May 18, 2001
Sold by
Mikels Ruth Ann
Bought by
Tuttle James R and Mikels Ruth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,500
Interest Rate
7.06%

Purchase Details

Closed on
Jun 18, 1997
Sold by
Cheesman Sandy and Francisco Joselita
Bought by
Mikels Ruth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,950
Interest Rate
7.91%

Purchase Details

Closed on
Nov 17, 1994
Sold by
Cannon George
Bought by
Francisco Joselita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,500
Interest Rate
8.9%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcgowan Christopher J $117,000 Chicago Title
Tuttle James R -- Rainier Title Company
Mikels Ruth Ann $59,999 --
Francisco Joselita $50,500 Evergreen Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgowan Christopher J $87,750
Previous Owner Tuttle James R $48,500
Previous Owner Mikels Ruth Ann $47,950
Previous Owner Francisco Joselita $45,500
Closed Francisco Joselita $1,767
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2012 10/10/12 Sold $117,000 0.0% $256 / Sq Ft
09/12/2012 09/12/12 Pending -- -- --
09/01/2012 09/01/12 For Sale $117,000 -- $256 / 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 $1,917 $290,000 $67,500 $222,500
2023 $1,741 $291,000 $66,700 $224,300
2022 $1,717 $281,000 $65,000 $216,000
2021 $1,905 $231,000 $65,000 $166,000
2020 $1,975 $236,000 $65,000 $171,000
2018 $1,712 $234,000 $65,000 $169,000
2017 $1,241 $196,000 $65,000 $131,000
2016 $1,124 $151,000 $65,000 $86,000
2015 $1,166 $133,000 $65,000 $68,000
2014 -- $132,000 $63,300 $68,700
2013 -- $98,000 $63,300 $34,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM400195

Northwest Multiple Listing Service (NWMLS)

APN: 362300-0040