Listed by Redfin Corp., Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

Estimated Value: $686,000 - $720,000

2 Beds
1 Bath
1,154 Sq Ft
0.4 Acres

Last Sold June 30, 2017

Last sale price $468,000 $406 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,128/month

7 Days on Market

Highlights

  • Contemporary Architecture
  • Territorial View
  • Dogs and Cats Allowed
  • West Mercer Elementary School Rated A
  • 1 Fireplace
  • 3-minute walk to Mercerdale Park

About This Home

As of June 2017

Convenient and comfortable living in Downtown Mercer Island. Walk to shops, restaurants, parks, park and ride from your top-floor condo. Light-filled western exposure. Spacious living and dining areas with vaulted ceilings. Updated kitchen. Larger master bedroom with en-suite bath. Barbecue on your large covered deck. Lots of storage. 2 parking spaces in garage. No stairs. No rental cap. Just 10 minutes to Seattle or Bellevue. Welcome home!

Last Agent to Sell the Property

Michelle Spohrer

Redfin Corp. Listed on: 05/11/2017

Last Buyer's Agent

Dieter Kaetel

John L. Scott, Inc. License #3896

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1121033

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,939

Year Built

  • Built in 1979

Lot Details

  • 0.4

Parking

  • Common or Shared Parking

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Shake Roof
  • Wood Composite

Interior Spaces

  • 1 Bathroom
  • 3-Story Property
  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 3629120160

Community Details

Overview

  • Downtown Community

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,939

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Contemporary
  • Entrance Level: Main
  • Unit Floor Number: 3
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplace Type: Wood
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Storage: Deck, garage
  • Storage Number: G in garage
  • Estimated Sq Ft: 1154

Exterior Features

  • Exterior: Wood Products
  • Roof: Cedar Shake, Flat
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Common Garage
  • Parking Space Number: B&V

Utilities

  • Heating And Cooling: Baseboard

Condo/Co-op/Association

  • Numberof Units In Complex: 21
  • HOA Fees: 426
  • Community Name: Downtown
  • Project: Islandian
  • Cats And Dogs: Cats Only, Dogs Only
  • Manager Contact Information: Bruce Nahon (425) 828-6623
  • Common Property Features: Cable Tv, Disabled Access, Elevator, Outside Entry
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Road Maintenance, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, Central Vacuum, Disabled Access, Insulated Windows, Master Bath, Skylights, Top Floor, Vaulted Ceilings

Schools

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

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 17553
  • Parcel Number: 3629120160

Tax Info

  • Tax Amount: 3022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2017
Closed on
Jun 19, 2017
Sold by
Schembs Frank H and Schembs Jean C
Bought by
Hirai Tom C and Hirai Kay
Seller's Agent
Michelle Spohrer
Redfin Corp.
Buyer's Agent
Dieter Kaetel
John L. Scott, Inc.
List Price
$468,000
Sold Price
$468,000
Current Estimated Value
$702,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,759
Avg. Annual Appreciation
5.10%
Original Mortgage
$268,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 16, 2015
Sold by
Schembs Frank H and Schembs Jean C
Bought by
The Frank & Jean Schembs Family Trust

Purchase Details

Closed on
Mar 26, 2013
Sold by
Schembs Frank H and Atkins Jacoba S
Bought by
Schembs Frank M and Schembs Jean S

Purchase Details

Closed on
Aug 21, 1997
Sold by
Schembs Jacoba K
Bought by
Schembs Jacoba K and Schembs Frank H

Purchase Details

Closed on
Jan 4, 1993
Sold by
Felson Don and Ttees+ Ada S
Bought by
Schembs Jacoba
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
Hirai Tom C $468,000 Rainier Title
The Frank & Jean Schembs Family Trust -- None Available
Schembs Frank M -- None Available
Schembs Jacoba K -- --
Schembs Jacoba $144,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hirai Tom C $186,000
Closed Hirai Tom C $268,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2017 06/30/17 Sold $468,000 0.0% $406 / Sq Ft
05/19/2017 05/19/17 Pending -- -- --
05/11/2017 05/11/17 For Sale $468,000 -- $406 / 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 $3,939 $599,000 $173,200 $425,800
2023 $3,806 $654,000 $168,400 $485,600
2022 $3,807 $618,000 $163,500 $454,500
2021 $3,649 $515,000 $125,000 $390,000
2020 $3,569 $454,000 $125,000 $329,000
2018 $4,097 $436,000 $98,100 $337,900
2017 $3,022 $471,000 $94,300 $376,700
2016 $2,402 $370,000 $93,300 $276,700
2015 $2,329 $286,000 $88,500 $197,500
2014 -- $265,000 $76,900 $188,100
2013 -- $247,000 $76,900 $170,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1121033

Northwest Multiple Listing Service (NWMLS)

APN: 362912-0160