NOT LISTED FOR SALE

Estimated Value: $575,814 - $676,000

2 Beds
2 Baths
922 Sq Ft
$549/mo HOA Fee

Last Sold May 19, 2020

Last sale price $500,000 $542 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,350/month

33 Days on Market

Highlights

  • Fitness Center
  • Lake View
  • Property is near public transit
  • West Mercer Elementary School Rated A
  • Clubhouse
  • 4-minute walk to Mercerdale Hillside Park

About This Home

As of May 2020

Fantastic 2B/2B "Island Habitat" condo in the heart of beautiful Mercer Island. Top floor, end unit, high vaulted ceilings & sunroofs, corner with abundance of natural light. More windows = more natural light = more lake and Bellevue city skyline. Latest remodeled/w new painted, hardwood floor, carpet, refrigerator etc. HOA updated/w new roofs last summer. Covered parking space round out the unit. Short walk to downtown, trails, parks and transit. In unit wash/dry. Great condo! NO RENTAL CAP!

Last Buyer's Agent

Kahlil Mathews

Redfin License #101368

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1573776

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,640

Year Built

  • Built in 1977

HOA Fees

  • $549 Monthly HOA Fees

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Modern Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 922 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Blinds

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport

Schools

  • West Mercer Elementary School
  • Islander Mid Middle School
  • Mercer Isl High School

Additional Features

  • Street terminates at a dead end
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 3623000300

Community Details

Overview

  • Association fees include common area maintenance, garbage, lawn service, road maintenance, water/sewer
  • 69 Units
  • Kathleen Chafin Association
  • Secondary HOA Phone (206) 268-3314
  • Island Habitat Condos
  • Mercer Island Subdivision
  • Park Phone (206) 268-3314 | Manager Yates/Woods

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,640

Year Built

Built in 1977

Lot Details

0

HOA Fees

$549 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 34 - Condo (3 Levels)
  • Year Built: 1977
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Modern
  • Building Name: Island Habitat
  • Unit Levels: Three Or More
  • New Construction: No
  • CalculatedSquareFootage: 922
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 33
  • Special Features: None
  • Cumulative Days on Market: 58

Interior Features

  • Fireplaces: 1
  • Appliances: Dryer, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Hardwood
  • Stories: 3
  • Bathrooms: 2
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 1
  • FloorNumberOfUnit: 3
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Washer
  • StorageLocation: Deck
  • WindowCoverings: Blinds

Exterior Features

  • Roof: Composition
  • View: City, Lake, Mountain(s)
  • Lot Features: Corner Lot, Dead End Street
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Multi Family
  • BusLineNearby: true
  • BusRouteNumber: 550,554,630,204

Garage/Parking

  • Carport Y N: Yes
  • Garage Yn: No
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 47

Utilities

  • Heating Yn: Yes
  • Utilities: Electricity Available, Garbage, Water/Sewer

Condo/Co-op/Association

  • Community Features: Exercise Room, Laundry Room
  • Park Manager Name: Yates/Woods
  • Park Manager Phone: 206-268-3314
  • Association Fee: 549
  • Association Fee Frequency: Monthly
  • Phone: 206-268-3314
  • Common Interest: Condominium
  • AssociationContactName: Kathleen Chafin
  • CommonPropertyFeatures: ClubHouses,Exercise Room,Laundry Room

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Lawn Service, Road Maintenance, Water/Sewer

Schools

  • Junior High Dist: Mercer Island
  • High School: Mercer Isl High
  • Middle Or Junior School: Islander Mid

Lot Info

  • Parcel Number: 3623000300
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: KCTX

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3640

Multi Family

  • Number Of Units In Community: 69

MLS Schools

  • Elementary School: West Mercer Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
May 11, 2020
Sold by
Lu Yiyuan and Han Qingying
Bought by
Glasser Marc E
Buyer's Agent
Kahlil Mathews
Redfin
List Price
$538,000
Sold Price
$500,000
Premium/Discount to List
-$38,000
-7.06%
Total Days on Market
33
Current Estimated Value
$634,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,954
Avg. Annual Appreciation
3.87%
Original Mortgage
$400,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2012
Sold by
Llos Claus and Loos Susan L
Bought by
Lu Yiyuan and Han Qingying

Purchase Details

Closed on
Jun 25, 2003
Sold by
Andreas Denel
Bought by
Loos Claus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
4.62%

Purchase Details

Closed on
Dec 8, 1999
Sold by
Kurtz Mark Philip and Kurtz Laura K
Bought by
Loos Claus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,750
Interest Rate
7.62%

Purchase Details

Closed on
Dec 9, 1998
Sold by
Kurtz Mark Philip
Bought by
Kurtz Mark Philip and Kurtz Laura K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.86%

Purchase Details

Closed on
Jun 22, 1992
Sold by
Azose Jack J and Azose Dana S
Bought by
Kurtz Mark Philip
Source: Public Records

Range of Values:

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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
Glasser Marc E $500,000 Chicago Title
Lu Yiyuan $250,000 Fidelity Natio
Loos Claus -- First American
Loos Claus $185,000 Chicago Title Insurance Co
Kurtz Mark Philip -- Chicago Title Insurance Co
Kurtz Mark Philip $101,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glasser Marc E $396,200
Closed Glasser Marc E $400,000
Previous Owner Loos Claus $192,000
Previous Owner Loos Claus $175,750
Previous Owner Kurtz Mark Philip $112,500
Closed Loos Claus $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2020 05/19/20 Sold $500,000 -7.1% $542 / Sq Ft
04/13/2020 04/13/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $538,000 -- $584 / 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 $3,527 $536,000 $136,100 $399,900
2023 $3,316 $557,000 $134,400 $422,600
2022 $3,366 $538,000 $131,000 $407,000
2021 $3,297 $455,000 $131,000 $324,000
2020 $3,640 $410,000 $131,000 $279,000
2018 $3,082 $428,000 $131,000 $297,000
2017 $2,298 $354,000 $131,000 $223,000
2016 $2,209 $281,000 $131,000 $150,000
2015 $2,154 $263,000 $131,000 $132,000
2014 -- $245,000 $127,600 $117,400
2013 -- $197,000 $127,600 $69,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1573776

Northwest Multiple Listing Service (NWMLS)

APN: 362300-0300