$1,200,000
SOLD JUL 1, 2021
-- Bed
-- Bath
910 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$1,319 Per Sq Ft

Highlights

  • Wood Siding
  • West Mercer Elementary School Rated A
  • 2-minute walk to Proctor Landing

About This Home

As of March 2023

This home is located at 3038 61st Ave SE, Mercer Island, WA 98040 and is currently priced at $1,200,000, approximately $1,318 per square foot. This property was built in 1929. 3038 61st Ave SE is a home located in King County with nearby schools including West Mercer Elementary School, Islander Middle School, and Mercer Island High School.

Last Agent to Sell the Property

Julie Taylor

Windermere Real Estate/East License #25304 Listed on: 07/01/2021

Windermere Real Estate/East

Last Buyer's Agent

Julie Taylor

Windermere Real Estate/East License #25304 Listed on: 07/01/2021

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1801514

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,846

Year Built

  • Built in 1929

Home Design

  • Composition Roof
  • Wood Siding

Community Details

  • Mercer Island Community

Listing and Financial Details

  • Assessor Parcel Number 2174500395

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,846

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Estimated Sq Ft: 910

Exterior Features

  • Exterior: Wood
  • Roof: Composition

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mercer Island

Lot Info

  • Lot Sq Ft: 9000
  • Parcel Number: 2174500395

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2023
Closed on
Mar 1, 2023
Sold by
Pham Nghia Duc
Bought by
Gerry Jennifer and Gerry David
Seller's Agent
Julie Taylor
Windermere Real Estate/East
Buyer's Agent
Julie Taylor
Windermere Real Estate/East
List Price
$1,500,000
Sold Price
$1,450,000
Premium/Discount to List
-$50,000
-3.33%
Views
16
Current Estimated Value
$1,425,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,140
Avg. Annual Appreciation
-6.31%
Original Mortgage
$2,810,000
Interest Rate
6.15%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 1, 2021
Closed on
Jun 18, 2021
Sold by
Crow Richard V and Crow Jonna L
Bought by
Pham Nghia Duc
Seller's Agent
Julie Taylor
Windermere Real Estate/East
Buyer's Agent
Julie Taylor
Windermere Real Estate/East
List Price
$1,200,000
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.00%
Original Mortgage
$720,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2019
Sold by
Djh 1006 Llc
Bought by
4214 Roosevelt Way Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 1983
Sold by
Robbs Philip C and Robbs Katherine M
Bought by
Crow Richard and Crow Jonna L
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 Type Sale Price Title Company
Warranty Deed $1,450,000 First American Title Insurance
Warranty Deed $1,200,000 First American Title
Bargain Sale Deed $17,255,000 Chicago Title Ncs
Warranty Deed $72,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,000,000 New Conventional
Closed $2,810,000 Construction
Previous Owner $720,000 New Conventional
Previous Owner $7,000,000 Purchase Money Mortgage
Previous Owner $25,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $1,450,000 -3.3% $1,593 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $1,500,000 +25.0% $1,648 / Sq Ft
07/01/2021 07/01/21 Sold $1,200,000 0.0% $1,319 / Sq Ft
07/01/2021 07/01/21 For Sale $1,200,000 -- $1,319 / 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 $7,846 $1,196,000 $1,196,000 --
2023 $7,786 $1,129,000 $1,129,000 $0
2022 $8,576 $1,596,000 $1,270,000 $326,000
2021 $8,232 $1,163,000 $1,046,000 $117,000
2020 $6,790 $1,027,000 $997,000 $30,000
2018 $6,629 $842,000 $832,000 $10,000
2017 $5,698 $763,000 $753,000 $10,000
2016 $5,308 $699,000 $689,000 $10,000
2015 $5,144 $634,000 $624,000 $10,000
2014 -- $587,000 $577,000 $10,000
2013 -- $539,000 $538,000 $1,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1801514

Northwest Multiple Listing Service (NWMLS)

APN: 217450-0395