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

Estimated Value: $3,962,000 - $4,927,000

5 Beds
2 Baths
4,790 Sq Ft
$946/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $3,050,000 $637 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $26,266/month

15 Days on Market

Highlights

  • Lake View
  • Cape Cod Architecture
  • Wood Flooring
  • West Mercer Elementary School Rated A
  • Deck
  • 4-minute walk to N. Mercerdale Hillside Open Space

About This Home

As of October 2019

Back on the market w/a new price & new swagger!Perched high on MI's west side,north tip,coveted First Hill neighborhood-this 2015 custom-built Cape Cod Classic has 5 beds & 6 separate baths. Crafted w/the highest finishes & most exacting standards, the home is turn-key & beyond compare.The 22,177 sq ft. lot has a flat lawn large enough for a Sounders practice.Perfect for entertaining, plentiful parking, & the most walkable neighborhood on the Island.It’s a forever house in a phenomenal location.

Last Agent to Sell the Property

Daniel Gottesman

Engel & Voelkers Mercer Island License #39554 Listed on: 09/05/2019

Engel & Voelkers Mercer Island

Co-Listed By

Sam Chapin

Engel & Voelkers Mercer Island License #117668

Last Buyer's Agent

Andrea Hamley

Lake & Company License #105583

Lake & Company

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1512144

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,773

Year Built

  • Built in 2015

Lot Details

  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System
  • Property is zoned R-96

Parking

  • Attached Garage

Property Views

  • Lake
  • Mountain
  • Territorial
  • Limited

Home Design

  • Cape Cod Architecture
  • Poured Concrete
  • Composition Roof
  • Metal Roof
  • Wood Composite

Interior Spaces

  • 2 Bathrooms
  • 1 Fireplace

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • First Hill Community

Listing and Financial Details

  • Assessor Parcel Number 5315100856

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,773

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Cape Cod
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2015
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Wired For Generator, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, Security System, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5.00
  • Bathrooms: 5.00
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Half Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4790

Exterior Features

  • Exterior: Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition, Metal
  • View: Lake, Mountain, Partial, Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Central A/C, Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: First Hill

Schools

  • School District: MIS

Lot Info

  • Lot Sq Ft: 22177
  • Lot Topography Vegetation: Level
  • Parcel Number: 5315100856
  • Zoning Code: R-96
  • Zoning Jurisdiction: City
  • Lot Topography: Level

Tax Info

  • Tax Amount: 27985

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2019
Closed on
Oct 9, 2019
Sold by
Abramson Jessica and The Marital Trust U W Of Josef
Bought by
Madan Udit and Sinha Avantika
Seller's Agent
Daniel Gottesman
Engel & Voelkers Mercer Island
Buyer's Agent
Andrea Hamley
Lake & Company
List Price
$3,199,000
Sold Price
$3,050,000
Premium/Discount to List
-$149,000
-4.66%
Current Estimated Value
$4,533,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,483,043
Avg. Annual Appreciation
6.72%
Original Mortgage
$2,287,500
Outstanding Balance
$2,003,965
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$2,529,078

Purchase Details

Closed on
Sep 7, 2014
Sold by
Abramson Jessica -Pr
Bought by
Abramson Jessica -Marital Trust

Purchase Details

Listed on
Feb 19, 2013
Closed on
Mar 8, 2013
Sold by
Yazdani Faramarz M and Yazdani Afsaneh M
Bought by
Abramson Josef and Abramson Jessica
Seller's Agent
Becky Nadesan
Coldwell Banker Bain
Buyer's Agent
Sandra Levin
John L. Scott, Inc.
List Price
$860,000
Sold Price
$860,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.97%

Purchase Details

Closed on
Sep 23, 2004
Sold by
Pineda Sergio A and Pineda Rowena G
Bought by
Yazdani Faramarz M and Yazdani Afsaneh M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 1999
Sold by
Sundquist Alba
Bought by
Pineda Sergio A and Pineda Rowena G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
4.6%
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
Madan Udit $3,050,000 Fidelity National Title
Abramson Jessica -Marital Trust -- --
Abramson Josef $860,000 Fidelity Natio
Yazdani Faramarz M $837,400 Transnation Ti
Pineda Sergio A $620,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madan Udit $2,287,500
Previous Owner Yazdani Faramarz M $656,000
Previous Owner Pineda Sergio A $496,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2019 10/25/19 Sold $3,050,000 -4.7% $637 / Sq Ft
09/20/2019 09/20/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $3,199,000 +272.0% $668 / Sq Ft
03/12/2013 03/12/13 Sold $860,000 0.0% $327 / Sq Ft View Prior Sale
02/26/2013 02/26/13 Pending -- -- --
02/19/2013 02/19/13 For Sale $860,000 -- $327 / 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 $28,773 $4,394,000 $1,733,000 $2,661,000
2023 $28,310 $4,127,000 $1,635,000 $2,492,000
2022 $25,405 $4,616,000 $1,840,000 $2,776,000
2021 $24,381 $3,450,000 $1,515,000 $1,935,000
2020 $27,384 $3,046,000 $1,443,000 $1,603,000
2018 $27,985 $3,575,000 $1,203,000 $2,372,000
2017 $24,430 $3,226,000 $1,088,000 $2,138,000
2016 $21,747 $3,002,000 $995,000 $2,007,000
2015 $7,897 $2,602,000 $901,000 $1,701,000
2014 -- $902,000 $833,000 $69,000
2013 -- $813,000 $732,000 $81,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1512144

Northwest Multiple Listing Service (NWMLS)

APN: 531510-0856