NOT LISTED FOR SALE

Estimated Value: $3,389,000 - $3,673,121

5 Beds
3 Baths
3,960 Sq Ft
$897/Sq Ft Est. Value

Last Sold June 16, 2021

Last sale price $2,950,592 $745 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $21,364/month

3 Days on Market

Highlights

  • Spa
  • Lake View
  • Contemporary Architecture
  • West Mercer Elementary School Rated A
  • Deck
  • 3-minute walk to Proctor Landing

About This Home

As of June 2021

Breathtaking 180 degree western views highlight this remodeled home awash with architectural drama. You will love the natural light from the oversized west facing windows with sliding panels, the lifted ceilings . New primary bedroom & bath on the main floor are the perfect retreat with spa like features and lake views. BBQ picnic on your own rooftop deck and stay for the romantic sunsets. Enjoy the walk out to your back patio & level garden, perfect for play. Close to paths and 4 local beach parks in the coveted East Seattle. Quick freeway and downtown access, close to shops, restaurants and award winning schools. Only 2 stop signs to the airport!

Last Agent to Sell the Property

Nancy LaVallee

Windermere Mercer Island License #50729 Listed on: 05/12/2021

Windermere Mercer Island

Last Buyer's Agent

Randi Weidner

COMPASS License #27327

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1751775

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,058

Year Built

  • Built in 1959

Lot Details

  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Garden
  • Property is zoned R8.4

Parking

  • Attached Garage

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Cement Board or Planked

Interior Spaces

  • 2 Fireplaces
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • East Seattle Community

Listing and Financial Details

  • Assessor Parcel Number 2174501210

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,058

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Architecture: Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Wired For Generator, Bath Off Master, Dbl Pane/Storm Windw, High Tech Cabling, Hot Tub/Spa, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 5
  • Bedrooms: 5.00
  • Main Floor Bedrooms: 3
  • Lower Level Bedroom: 2
  • Bathrooms: 3.00
  • Total Full Bathrooms: 3
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Main
  • Family Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3960
  • Square Footage Finished: 3960

Exterior Features

  • Exterior: Cement Planked
  • Foundation: Slab
  • View: City, Lake, Mountain

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air, Ductless Hp-Mini Split
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 5
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: utility room downstairs-gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: East Seattle
  • Project: East Seattle Add

Schools

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

Lot Info

  • Lot Details: Corner Lot, Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 10028
  • Lot Topography Vegetation: Garden Space, Level, Partial Slope, Sloped
  • Parcel Number: 2174501210
  • Zoning Code: R8.4
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level, Partial Slope, Sloped

Tax Info

  • Tax Amount: 18764

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Jun 3, 2021
Sold by
Lioy Marcello V and Lioy Simona M
Bought by
Velzy Allan and Loring Megan
Seller's Agent
Nancy LaVallee
Windermere Mercer Island
Buyer's Agent
Randi Weidner
COMPASS
List Price
$2,375,000
Sold Price
$2,950,592
Premium/Discount to List
$575,592
24.24%
Current Estimated Value
$3,550,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$599,938
Avg. Annual Appreciation
4.64%
Original Mortgage
$2,112,000
Outstanding Balance
$1,932,851
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,617,679

Purchase Details

Closed on
May 24, 2011
Sold by
Monick Lorraine and Monick Dennis
Bought by
Lioy Marcello and Lioy Simona M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 27, 2004
Sold by
Cromer Jack E and Cromer Ellen V
Bought by
Monick Dennis and Monick Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,800
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 1986
Sold by
Thrailkill Alan
Bought by
Cromer Jack E and Cromer Ellen
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
Velzy Allan $2,950,592 Fidelity National Title
Lioy Marcello $1,080,000 Chicago Title
Monick Dennis $706,000 Transnation Ti
Cromer Jack E $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velzy Allan $2,112,000
Previous Owner Lioy Marcello $750,000
Previous Owner Lioy Marcello $750,000
Previous Owner Monick Lorraine $800,000
Previous Owner Monick Lorraine $100,000
Previous Owner Monick Dennis $712,500
Previous Owner Monick Dennis $564,800
Closed Monick Dennis $70,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Sold $2,950,592 +24.2% $745 / Sq Ft
05/15/2021 05/15/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $2,375,000 -- $600 / 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 $21,058 $3,215,000 $1,561,000 $1,654,000
2023 $20,796 $3,020,000 $1,473,000 $1,547,000
2022 $18,598 $3,378,000 $1,658,000 $1,720,000
2021 $17,854 $2,525,000 $1,365,000 $1,160,000
2020 $18,764 $2,230,000 $1,300,000 $930,000
2018 $18,204 $2,325,000 $1,010,000 $1,315,000
2017 $15,890 $2,098,000 $914,000 $1,184,000
2016 $11,632 $1,952,000 $836,000 $1,116,000
2015 $11,210 $1,391,000 $757,000 $634,000
2014 -- $1,281,000 $700,000 $581,000
2013 -- $1,171,000 $615,000 $556,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1751775

Northwest Multiple Listing Service (NWMLS)

APN: 217450-1210