NOT LISTED FOR SALE

Estimated Value: $693,000 - $804,000

2 Beds
2 Baths
1,379 Sq Ft
1.11 Acres

Last Sold June 01, 2021

Last sale price $640,000 $464 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,495/month

2 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Wood Siding
  • West Mercer Elementary School Rated A
  • 1 Fireplace

About This Home

As of June 2021

Spectacular top-floor unit in downtown Mercer Island. High ceilings, abundant natural lights and townhome style condo with 2 bedrooms and 2 bathrooms floor plan. Remodeled kitchen with new countertops and cabinets, cherry hardwood floor and fresh paint. Two spacious decks, one in the living room with western exposure and one in master bedroom. In-unit laundry and storage room. No special assessment, no rental cap. Top rated schools. Walking distance to restaurants, grocery stores, and easy access to park & ride and highway. Welcome to your new home.

Last Agent to Sell the Property

Ling Drost

WeLakeside License #27427 Listed on: 05/11/2021

WeLakeside

Last Buyer's Agent

Jim Fath

John L. Scott, Inc. License #80402

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1768106

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,332

Year Built

  • Built in 1980

Lot Details

  • 1.11

Parking

  • Common or Shared Parking

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Blinds

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 4180900430

Community Details

Overview

  • 44 Units
  • Downtown Community
  • 5-Story Property

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,332

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 31 - Condo (2 Levels)
  • Architecture: Contemporary
  • Entrance Level: Main
  • Unit Floor Number: 5
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Hardwood
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Lower Level Bedroom: 2
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2
  • Master Bedroom: Lower
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: In unit
  • Estimated Sq Ft: 1379
  • Window Coverings: blinds

Exterior Features

  • Exterior: Wood
  • Roof: Composition

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Common Garage
  • Parking Space Number: 33

Utilities

  • Heating And Cooling: Baseboard
  • Water Heater: Central Hot Water

Condo/Co-op/Association

  • Numberof Units in Building: 44
  • Numberof Units In Complex: 44
  • HOA Fees: 590
  • Community Name: Downtown
  • Cats And Dogs: No Dogs Or Cats
  • Manager Contact Information: Debbie Weaver (425) 466-8133
  • Association Contact: Debbie Weaver (425) 652-7132
  • Common Property Features: Elevator, Lobby Entrance
  • Home Owner Dues Included: Central Hot Water, Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, Insulated Windows, Master Bath, Top Floor

Schools

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

Lot Info

  • Lot Details: Paved Street, Sidewalk
  • Lot Sq Ft: 48498
  • Parcel Number: 4180900430

Tax Info

  • Tax Amount: 3877

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
May 27, 2021
Sold by
Cao Wenzhuo
Bought by
Edman Ashley A and Lindquist Samuel M
Seller's Agent
Ling Drost
WeLakeside
Buyer's Agent
Jim Fath
John L. Scott, Inc.
List Price
$625,000
Sold Price
$640,000
Premium/Discount to List
$15,000
2.4%
Total Days on Market
2
Current Estimated Value
$740,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,046
Avg. Annual Appreciation
4.33%

Purchase Details

Listed on
Sep 4, 2014
Closed on
Oct 3, 2014
Sold by
Suzu Enterprises Llc
Bought by
Cao Wenzhuo
Seller's Agent
Renata Andrews
NW Experience Real Estate
Buyer's Agent
Xin Liu
WeLakeside
List Price
$399,000
Sold Price
$397,000
Premium/Discount to List
-$2,000
-0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$317,600
Interest Rate
4.08%

Purchase Details

Listed on
Sep 4, 2014
Closed on
Sep 19, 2014
Sold by
Sears Susan
Bought by
Suzu Enterprises Llc
Seller's Agent
Renata Andrews
NW Experience Real Estate
Buyer's Agent
Xin Liu
WeLakeside
List Price
$399,000
Sold Price
$397,000
Premium/Discount to List
-$2,000
-0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,600
Interest Rate
4.08%

Purchase Details

Closed on
Jun 28, 2013
Sold by
Kothari Sudesh S and Kothari Kunilata S
Bought by
Suzu Enterprises

Purchase Details

Closed on
Mar 4, 2011
Sold by
Kothari Kunjlata
Bought by
Kothari Sudesh

Purchase Details

Closed on
Aug 14, 1996
Sold by
Mortgage Management Investment Corp
Bought by
Kothari Sudesh S and Kothari Kunjlata S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
6.12%

Purchase Details

Closed on
Aug 3, 1992
Sold by
Lewis George D
Bought by
Missoula Park Associates L P

Purchase Details

Closed on
Jun 8, 1992
Sold by
Williams Dorita S
Bought by
Williams Frank Mitchell

Purchase Details

Closed on
Mar 6, 1992
Sold by
Williams Mitchell F and Williams Dorita S
Bought by
Lewis Partnership
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
Edman Ashley A $640,000 Wfg Natl Ttl Co Of Wa Llc
Cao Wenzhuo $397,000 First American
Suzu Enterprises Llc -- Accommodation
Suzu Enterprises $273,500 None Available
Kothari Sudesh -- None Available
Kothari Sudesh S $122,500 Transnation Title Insurance
Missoula Park Associates L P -- --
Williams Frank Mitchell -- --
Lewis Partnership $695,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edman Ashley A $512,000
Previous Owner Cao Wenzhuo $309,500
Previous Owner Cao Wenzhuo $317,600
Previous Owner Kothari Sudesh S $185,500
Previous Owner Kothari Sudesh S $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $640,000 +2.4% $464 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $625,000 +57.4% $453 / Sq Ft
10/08/2014 10/08/14 Sold $397,000 -0.5% $288 / Sq Ft
09/07/2014 09/07/14 Pending -- -- --
09/04/2014 09/04/14 For Sale $399,000 -- $289 / 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 $4,332 $659,000 $218,000 $441,000
2023 $5,172 $749,000 $211,900 $537,100
2022 $4,013 $652,000 $205,900 $446,100
2021 $4,152 $543,000 $157,400 $385,600
2020 $3,877 $517,000 $157,400 $359,600
2018 $4,539 $632,000 $123,500 $508,500
2017 $3,502 $522,000 $118,700 $403,300
2016 $2,861 $429,000 $117,500 $311,500
2015 $2,784 $341,000 $111,400 $229,600
2014 -- $317,000 $96,900 $220,100
2013 -- $264,000 $96,900 $167,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1768106

Northwest Multiple Listing Service (NWMLS)

APN: 418090-0430