Listed by Windermere Bellevue Commons, Bought with Windermere Real Estate Midtown
NOT LISTED FOR SALE

Estimated Value: $2,527,894 - $3,262,000

4 Beds
3 Baths
2,900 Sq Ft
$964/Sq Ft Est. Value

Last Sold April 06, 2015

Last sale price $1,580,000 $545 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $16,157/month

6 Days on Market

Highlights

  • Lake View
  • Deck
  • Wooded Lot
  • West Mercer Elementary School Rated A
  • Northwest Architecture
  • 5-minute walk to Secret Park

About This Home

As of April 2015

Designed by renowned NW architect Ralph Anderson, considered one of the fathers of NW Regional Style. This 4BD/2.5BA home epitomizes his aesthetic. The home is perched on Mercer Island’s First Hill and takes in sweeping views of Seattle, the Olympic Mountains, the I-90 bridge and the tops of the University District. The views are enjoyed from both levels of the home and walls of windows establish a strong connection to the outdoors. Close to shopping, restaurants and Seattle and Bellevue.

Last Agent to Sell the Property

Kirsten Robertson

Windermere Bellevue Commons License #23044 Listed on: 02/24/2015

Windermere Bellevue Commons

Co-Listed By

Frank Pietromonaco

Coldwell Banker Bain

Last Buyer's Agent

Heidi Ward

Windermere Real Estate Midtown License #2756

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM738022

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,052

Year Built

  • Built in 1963

Lot Details

  • Street terminates at a dead end
  • Property is Fully Fenced
  • Terraced Lot
  • Wooded Lot

Parking

  • Attached Carport

Property Views

  • Lake
  • City
  • Mountain
  • Territorial

Home Design

  • Northwest Architecture
  • Poured Concrete
  • Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2 Fireplaces
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Double Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • First Hill Community

Listing and Financial Details

  • Assessor Parcel Number 5093301285

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,052

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Bath Off Master, Dining Room, Security System, Skylights, Vaulted Ceilings
  • Floor Covering: Hardwood, Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Garbage Disposal, Range/Oven, Refrigerator
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 2
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Family Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2900
  • Square Footage Finished: 2900

Exterior Features

  • Exterior: Stucco, Wood
  • Foundation: Poured Concrete
  • Roof: Tile
  • View: City, Lake, Mountain, Territorial

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: basement-gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: First Hill

Schools

  • Elementary School: West Mercer Elem
  • Middle School: Isler Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 10500
  • Lot Topography Vegetation: Sloped, Terraces, Wooded
  • Parcel Number: 5093301285
  • Zoning Jurisdiction: City
  • Lot Topography: Sloped, Terraces, Wooded

Tax Info

  • Tax Amount: 8217

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2015
Closed on
Mar 27, 2015
Sold by
Armstrong James E and Armstrong Christine R
Bought by
Mattson Leslie and Mattson Edwin Kane
Seller's Agent
Kirsten Robertson
Windermere Bellevue Commons
Buyer's Agent
Heidi Ward
Windermere Real Estate Midtown
List Price
$1,375,000
Sold Price
$1,580,000
Premium/Discount to List
$205,000
14.91%
Current Estimated Value
$2,795,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,215,224
Avg. Annual Appreciation
5.58%
Original Mortgage
$1,106,000
Outstanding Balance
$831,802
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,963,422

Purchase Details

Listed on
Mar 18, 2013
Closed on
May 16, 2013
Sold by
Hemphill Cynthia Flash and Flash Edward Charles
Bought by
Armstrong James E and Armstrong Christine R
Seller's Agent
Kirsten Robertson
Windermere Bellevue Commons
Buyer's Agent
Beth Billington
Coldwell Banker Bain
List Price
$1,065,000
Sold Price
$1,065,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.77%
Original Mortgage
$715,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2008
Sold by
Hemphill Cynthia Flash and Flash Edward Charles
Bought by
Hemphill Cynthia Flash and Flash Edward Charles

Purchase Details

Closed on
Aug 1, 1997
Sold by
Flash Philip N
Bought by
Hemphill Cynthia Flash and Flash Edward Charles

Purchase Details

Closed on
Jun 5, 1995
Sold by
Flash Philip N and Flash Claire B
Bought by
Flash Philip N
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
Mattson Leslie $1,580,000 Chicago Title
Armstrong James E $1,065,000 Chicago Title
Hemphill Cynthia Flash -- None Available
Hemphill Cynthia Flash -- --
Flash Philip N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mattson Leslie $1,106,000
Previous Owner Armstrong James E $715,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2015 04/06/15 Sold $1,580,000 +14.9% $545 / Sq Ft
03/03/2015 03/03/15 Pending -- -- --
02/24/2015 02/24/15 For Sale $1,375,000 +29.1% $474 / Sq Ft
05/30/2013 05/30/13 Sold $1,065,000 0.0% $367 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
03/18/2013 03/18/13 For Sale $1,065,000 -- $367 / 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 $16,052 $2,450,000 $1,856,000 $594,000
2023 $15,849 $2,301,000 $1,751,000 $550,000
2022 $13,815 $2,574,000 $1,970,000 $604,000
2021 $13,263 $1,875,000 $1,622,000 $253,000
2020 $13,578 $1,656,000 $1,545,000 $111,000
2018 $13,175 $1,682,000 $1,300,000 $382,000
2017 $11,131 $1,518,000 $1,176,000 $342,000
2016 $10,354 $1,367,000 $1,075,000 $292,000
2015 $8,911 $1,238,000 $973,000 $265,000
2014 -- $1,018,000 $900,000 $118,000
2013 -- $993,000 $925,000 $68,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM738022

Northwest Multiple Listing Service (NWMLS)

APN: 509330-1285