NOT LISTED FOR SALE

Estimated Value: $398,000 - $517,000

1 Bed
1 Bath
645 Sq Ft
2.1 Acres

Last Sold June 29, 2015

Last sale price $237,000 $367 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,716/month

47 Days on Market

Highlights

  • Lake View
  • Contemporary Architecture
  • Slate Flooring
  • West Mercer Elementary School Rated A
  • 1 Fireplace
  • 4-minute walk to Mercerdale Hillside Park

About This Home

As of June 2015

Welcome Home! This loft-style condo has been completely updated with new kitchen, appliances, travertine flooring,new carpet, paint and more. 12' ceilings, mountain views, and natural light make this unit feel very spacious. Quiet community setting walkable to nearby transit, downtown Mercer Island amenities, shopping and an easy commute to Seattle and the eastside. One dedicated parking spot and ample guest parking. Pet friendly!

Last Agent to Sell the Property

Bonnie Sanborn

Engel & Voelkers Mercer Island License #19155 Listed on: 05/11/2015

Engel & Voelkers Mercer Island

Last Buyer's Agent

David Mai

Skyline Properties, Inc. License #118617

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM785570

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,689

Year Built

  • Built in 1977

Lot Details

  • 2.1

Parking

  • Off-Street Parking

Property Views

  • Lake
  • Mountain

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3-Story Property
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Slate Flooring

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 3623000630

Community Details

Overview

  • Downtown Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,689

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Contemporary
  • Entrance Level: Main
  • Unit Floor Number: 2
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Slate, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Dryer-Electric
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplace Type: Wood
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Family Room: Main
  • Living Room: Main
  • Storage: deck
  • Estimated Sq Ft: 645

Exterior Features

  • Exterior: Wood, Wood Products
  • Roof: Composition
  • View: Lake, Mountain

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Off Street
  • Parking Space Number: 67

Utilities

  • Heating And Cooling: Baseboard
  • Water Heater: in unit-electric

Condo/Co-op/Association

  • HOA Fees: 315
  • Community Name: Downtown
  • Project: Habitat
  • Cats And Dogs: No Restrictions
  • Manager Contact Information: Yates/Wood/McDonald (206) 628-3314
  • Common Property Features: Cable Tv, Club House, Exercise Room, Outside Entry
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, Insulated Windows, Vaulted Ceilings

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Isler Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Paved Street, Sidewalk
  • Parcel Number: 3623000630

Tax Info

  • Tax Amount: 1286

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2017
Sold by
Mai David and Wang Linda
Bought by
Mai David and Wang Linda
Total Days on Market
47
Current Estimated Value
$446,014

Purchase Details

Listed on
May 11, 2015
Closed on
Jun 23, 2015
Sold by
Sanborn Andrew
Bought by
Mai David and Wang Linda
Seller's Agent
Bonnie Sanborn
Engel & Voelkers Mercer Island
Buyer's Agent
David Mai
Skyline Properties, Inc.
List Price
$234,900
Sold Price
$237,000
Premium/Discount to List
$2,100
0.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$177,000
Outstanding Balance
$140,835
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$325,392

Purchase Details

Closed on
Jun 5, 2007
Sold by
Tolkin Kevin M and Tolkin Laurie Y
Bought by
Sanborn Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2002
Sold by
Toomey Eugene P and Toomey Laureen D
Bought by
Tolkin Kevin M and Tolkin Laurie Y

Purchase Details

Closed on
Aug 26, 1999
Sold by
Ross Bradley S and Breitenstein Raymond G
Bought by
Toomey Eugene P and Toomey Laureen D
Source: Public Records

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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
Mai David -- None Available
Mai David $236,000 Fidelity Natio
Sanborn Andrew $250,000 Transnation Ti
Tolkin Kevin M $127,000 Transnation Title Insurance
Toomey Eugene P $114,950 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mai David $177,000
Previous Owner Sanborn Andrew $235,000
Previous Owner Sanborn Andrew $237,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2015 06/29/15 Sold $237,000 +0.9% $367 / Sq Ft
06/28/2015 06/28/15 Pending -- -- --
06/25/2015 06/25/15 For Sale $234,900 0.0% $364 / Sq Ft
05/15/2015 05/15/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $234,900 -- $364 / 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 $2,689 $408,000 $95,100 $312,900
2023 $2,630 $429,000 $93,900 $335,100
2022 $2,586 $426,000 $91,500 $334,500
2021 $2,833 $349,000 $91,500 $257,500
2020 $2,914 $352,000 $91,500 $260,500
2018 $2,484 $329,000 $91,500 $237,500
2017 $1,859 $285,000 $91,500 $193,500
2016 $1,708 $227,000 $91,500 $135,500
2015 $1,569 $203,000 $91,500 $111,500
2014 -- $178,000 $89,100 $88,900
2013 -- $140,000 $89,100 $50,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM785570

Northwest Multiple Listing Service (NWMLS)

APN: 362300-0630