Listed by Realogics Sotheby's Int'l Rlty, Bought with Westlake WA
NOT LISTED FOR SALE

Estimated Value: $675,392 - $876,000

3 Beds
2 Baths
1,451 Sq Ft
1981 Built

Last Sold May 07, 2020

Last sale price $570,000 $393 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,424/month

21 Days on Market

Highlights

  • Property is near public transit
  • Territorial View
  • Balcony
  • West Mercer Elementary School Rated A
  • 1 Fireplace
  • 4-minute walk to Mercerdale Hillside Park

About This Home

As of May 2020

Location, Location, Location! Rare updated 3 bed,2 bath Northend Mercer Island condo that's truly move-in
ready! AC/Heat split unit installed 2019. Elevator in building. Minutes to shopping, restaurants & all all amenities Downtown MI
has to offer. This is a commuter's dream minutes to Park & Ride, future light rail station, bus terminal, freeway. Tons of
parks & public facilities plus top MI schools make this a perfect starter or investment property! Price to move today!

Last Agent to Sell the Property

Robert Pong

Realogics Sotheby's Int'l Rlty License #116686 Listed on: 03/17/2020

Realogics Sotheby's Int'l Rlty

Last Buyer's Agent

Concetta Cippoletti

Westlake WA License #22015017

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1579036

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,657

Year Built

  • Built in 1981

Home Design

  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,451 Sq Ft Home
  • 4-Story Property
  • 1 Fireplace
  • Insulated Windows
  • Laminate Flooring
  • Territorial Views

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport

Schools

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

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 1529000140

Community Details

Overview

  • Association fees include common area maintenance, garbage, lawn service, road maintenance, water/sewer
  • 28 Units
  • Chateau Condominium Condos
  • Downtown Subdivision
  • Park Phone (425) 455-0900 | Manager Suhrco

Amenities

  • Lobby

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,657

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1981
  • Inclusions: Dishwasher,GarbageDisposal,RangeOven,Refrigerator,SeeRemarks,TrashCompactor,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Chateau Condominium
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1451
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 2
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,Insulated Windows,Primary Bath
  • Special Features: VirtualTour
  • Cumulative Days on Market: 45

Interior Features

  • Fireplaces: 1
  • Appliances: Trash Compactor, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Laminate, Cooking-Electric, Dryer-Electric, Washer, Water Heater
  • Main Level Bedrooms: 3
  • Stories: 4
  • Bathrooms: 2
  • BathsFullMain: 2
  • 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: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Range/Oven,Refrigerator,See Remarks,Trash Compactor,Washer
  • StorageLocation: Patio

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Structure Type: Multi Family
  • BusLineNearby: true

Garage/Parking

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

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Utilities: Electricity Available, Garbage, Water/Sewer
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterType: electric

Condo/Co-op/Association

  • Community Features: Lobby Entrance
  • Park Manager Name: Suhrco
  • Park Manager Phone: 425-455-0900
  • Senior Community: No
  • Association Fee: 685
  • Pets Allowed: Yes
  • CoOp: false
  • CommonPropertyFeatures: Lobby Entrance

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: 1529000140
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3657

Multi Family

  • Number Of Units In Community: 28
  • EnergySource: Electric
  • UnitsInBuildingTotal: 16

MLS Schools

  • Elementary School: West Mercer Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2020
Closed on
Apr 30, 2020
Sold by
Bono Warehouses Llc
Bought by
Cadicamo Matthew P
Seller's Agent
Robert Pong
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Concetta Cippoletti
Westlake WA
List Price
$649,000
Sold Price
$570,000
Premium/Discount to List
-$79,000
-12.17%
Current Estimated Value
$741,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,382
Avg. Annual Appreciation
5.07%
Original Mortgage
$579,000
Interest Rate
3.5%
Mortgage Type
VA

Purchase Details

Listed on
Sep 18, 2018
Closed on
Jan 2, 2019
Sold by
Buonamia Arthur and Wang Hongmei
Bought by
Bono Warehouses Llc
Seller's Agent
Marianne Parks
Windermere Mercer Island
Buyer's Agent
Richard Vannoy
Keller Williams Realty Bothell
List Price
$615,000
Sold Price
$600,000
Premium/Discount to List
-$15,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.48%

Purchase Details

Listed on
Sep 18, 2018
Closed on
Nov 2, 2018
Sold by
Saloranta Tatu and Saloranta Tuuli
Bought by
Buonamia Arthur and Wang Hongmei
Seller's Agent
Marianne Parks
Windermere Mercer Island
Buyer's Agent
Richard Vannoy
Keller Williams Realty Bothell
List Price
$615,000
Sold Price
$600,000
Premium/Discount to List
-$15,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 22, 2008
Sold by
Potter Stephen Willard
Bought by
Saloranta Tatu and Saloranta Tuuli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1997
Sold by
Roth Diane S
Bought by
Potter Stephen Willard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,600
Interest Rate
7.93%
Source: Public Records

Range of Values:

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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
Cadicamo Matthew P $570,000 First American Title Ins Co
Bono Warehouses Llc -- None Available
Buonamia Arthur $600,000 Fidelity National Title
Saloranta Tatu $365,000 Rainier Title
Potter Stephen Willard $154,500 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cadicamo Matthew P $571,513
Closed Cadicamo Matthew P $579,000
Previous Owner Buonamia Arthur $480,000
Previous Owner Saloranta Tatu $69,700
Previous Owner Saloranta Tatu $39,200
Previous Owner Saloranta Tatu $265,400
Previous Owner Saloranta Tatu $291,000
Previous Owner Saloranta Tatu $292,000
Previous Owner Potter Stephen Willard $136,000
Previous Owner Potter Stephen Willard $123,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2020 05/07/20 Sold $570,000 -0.9% $393 / Sq Ft
04/07/2020 04/07/20 Pending -- -- --
03/28/2020 03/28/20 Price Changed $575,000 -8.7% $396 / Sq Ft
03/25/2020 03/25/20 Price Changed $629,950 -2.9% $434 / Sq Ft
03/17/2020 03/17/20 For Sale $649,000 +8.2% $447 / Sq Ft
11/26/2018 11/26/18 Sold $600,000 -2.4% $414 / Sq Ft
10/07/2018 10/07/18 Pending -- -- --
09/18/2018 09/18/18 For Sale $615,000 -- $424 / 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 $3,965 $603,000 $128,900 $474,100
2023 $3,813 $675,000 $125,700 $549,300
2022 $4,013 $619,000 $121,000 $498,000
2021 $4,264 $543,000 $121,000 $422,000
2020 $4,232 $531,000 $121,000 $410,000
2018 $3,602 $485,000 $121,000 $364,000
2017 $2,884 $414,000 $121,000 $293,000
2016 $2,594 $353,000 $121,000 $232,000
2015 $2,600 $309,000 $121,000 $188,000
2014 -- $296,000 $117,900 $178,100
2013 -- $206,000 $117,900 $88,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1579036

Northwest Multiple Listing Service (NWMLS)

APN: 152900-0140