Listed by Coldwell Banker Bain, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

2939 74th Ave SE Mercer Island, WA 98040

East Seattle Neighborhood

Estimated Value: $1,772,000 - $2,810,000

4 Beds
3 Baths
2,720 Sq Ft
$908/Sq Ft Est. Value

Last Sold September 17, 2014

Last sale price $940,000 $346 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $14,072/month

8 Days on Market

About This Home

As of September 2014

An Urban Oasis awaits. Tucked at the end of a quiet lane sits this stylish Rambler with the Greatest of Great Rooms, one might forget they are mere minutes to downtown Seattle and Bellevue. Park the car and walk for coffee and groceries, or just hike the greenbelt trails on First Hill. With 4br, 3ba, large office w/built in desk, Craft rm/Shop and reading rm w/library ladder access to the finished attic play space this home has space for everyone and everything. Flat sunny south facing yard.

Last Agent to Sell the Property

Peggy Watkins

Coldwell Banker Bain License #37666 Listed on: 08/05/2014

Coldwell Banker Bain

Last Buyer's Agent

Danniel Siou

Skyline Properties, Inc. License #71658

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM676473

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$13,788

Year Built

1957

Lot Details

0

Listing Details

  • Sq Ft Finished: 2720
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1957

Interior Features

  • Appliances: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Fireplaces: 1
  • Features: Bath Off Master, Double Pane/Storm Window, Disabled Access, French Doors, Jetted Tub, Vaulted Ceilings, Walk-in Closet
  • Fireplaces: 1
  • Floor: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Water Heater Location: Garage-Gas

Exterior Features

  • Roof: Composition
  • Exterior: Wood
  • Foundation: Poured Concrete, Slab
  • Lot Details: Dead End Street, Paved Street
  • Roof: Composition
  • Site Features: Cable TV, Disabled Access, Partial Fence, Natural Gas Available, Patio, Shop
  • Lot Topography: Garden Space, Level

Garage/Parking

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

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Heating and Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Source: Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2014
Closed on
Sep 15, 2014
Sold by
Bain Gregory Thomas and Bain Carol Fredin
Bought by
Lee Keng Ti and Lee Susien H
Seller's Agent
Peggy Watkins
Coldwell Banker Bain
Buyer's Agent
Danniel Siou
Skyline Properties, Inc.
List Price
$950,000
Sold Price
$940,000
Premium/Discount to List
-$10,000
-1.05%
Current Estimated Value
$2,469,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,529,032
Avg. Annual Appreciation
9.07%
Original Mortgage
$752,000
Outstanding Balance
$574,853
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,894,179

Purchase Details

Closed on
Mar 27, 1987
Sold by
Pope Myra L
Bought by
Bain Gregory Thomas and Carol Fred
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
Lee Keng Ti $940,000 Chicago Title
Bain Gregory Thomas $107,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Keng Ti $752,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2014 09/17/14 Sold $940,000 -1.1% $346 / Sq Ft
08/14/2014 08/14/14 Pending -- -- --
08/08/2014 08/08/14 For Sale $950,000 0.0% $349 / Sq Ft
08/06/2014 08/06/14 Pending -- -- --
08/05/2014 08/05/14 For Sale $950,000 -- $349 / 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 $13,788 $2,104,000 $1,279,000 $825,000
2023 $13,564 $1,976,000 $1,207,000 $769,000
2022 $11,865 $2,210,000 $1,358,000 $852,000
2021 $11,391 $1,610,000 $1,118,000 $492,000
2020 $11,407 $1,422,000 $1,065,000 $357,000
2018 $11,068 $1,413,000 $794,000 $619,000
2017 $9,350 $1,275,000 $718,000 $557,000
2016 $8,700 $1,148,000 $657,000 $491,000
2015 $8,387 $1,040,000 $595,000 $445,000
2014 -- $958,000 $550,000 $408,000
2013 -- $825,000 $538,000 $287,000
Source: Public Records

Agents Affiliated with this Home

  • Peggy Watkins

    Seller's Agent in 2014

    Peggy Watkins

    Coldwell Banker Bain

    (206) 679-5444

    17 Total Sales

    Peggy Watkins
    Section Image

  • D

    Buyer's Agent in 2014

    Danniel Siou

    Skyline Properties, Inc

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM676473

Northwest Multiple Listing Service (NWMLS)

APN: 531510-0806

Washington King County Mercer Island 98040 East Seattle

2939 74th Ave SE, Mercer Island, WA

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Based on information submitted to the MLS GRID

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