NOT LISTED FOR SALE

3220 74th Ave SE Mercer Island, WA 98040

Mercerdale Neighborhood

Estimated Value: $582,000 - $3,736,000

5 Beds
6 Baths
5,335 Sq Ft
$378/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $4,200,000 $787 Per Sq Ft

Current estimated payment $10,854/month

About This Home

Barcelo Homes presents a flawless contemporary home designed to fit the needs of the modern homeowner. With walls of windows to capture the views, the serenity & stature of this home will surely impress. Luxury amenities & stunning features are showcased from the open concept flow to the intimate spaces & architecturally significant design. Sumptuous master, incredible kit, rooftop deck, main floor gathering & the lower level is ready for all kinds of parties. Located in popular First Hill nbhd!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2020
Closed on
Dec 21, 2020
Sold by
Barcelo Homes Inc
Bought by
Karweit William Alexander and Karweit Suzanna B
Seller's Agent
Galya Kirstine
Real Residential
Buyer's Agent
Aaron Harrington
Skyline Properties, Inc.
List Price
$4,480,000
Sold Price
$4,200,000
Premium/Discount to List
-$280,000
-6.25%
Current Estimated Value
$2,016,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,183,667
Avg. Annual Appreciation
-13.80%
Original Mortgage
$2,500,000
Outstanding Balance
$2,282,877
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
-$266,544

Purchase Details

Closed on
Nov 17, 2015
Sold by
Erickson Ginny Musante and Erickson Raymond M
Bought by
Barcel Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,514,314
Interest Rate
3.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2015
Sold by
Kelly Patrick and Kelly Amanda Marie
Bought by
Kelly Amanda Marie

Purchase Details

Closed on
Mar 28, 2006
Sold by
Simonsen Gregg W
Bought by
Musante Virginia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 3, 1989
Sold by
Christoffersen Peter W
Bought by
Simonsen Gregg W and Simonsen Virginia M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
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
Karweit William Alexander $4,200,000 Old Republic Title Ltd
Barcel Homes Inc $1,500,000 First American
Kelly Amanda Marie -- Old Republic
Musante Virginia M -- Commonwealth L
Simonsen Gregg W $157,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karweit William Alexander $2,500,000
Previous Owner Barcel Homes Inc $1,514,314
Previous Owner Musante Virginia M $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2020 12/22/20 Sold $4,200,000 -6.3% $787 / Sq Ft View Prior Sale
11/10/2020 11/10/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $4,480,000 -- $840 / Sq Ft

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 $2,846 $432,000 $432,000 --
2023 $7,441 $1,076,000 $1,076,000 $0
2022 $7,354 $1,211,000 $1,211,000 $0
2021 $7,616 $997,000 $997,000 $0
2020 $6,403 $950,000 $950,000 $0
2018 $6,238 $794,000 $794,000 $0
2017 $5,356 $718,000 $718,000 $0
2016 $8,399 $657,000 $657,000 $0
2015 $8,098 $1,004,000 $784,000 $220,000
2014 -- $925,000 $725,000 $200,000
2013 -- $795,000 $654,000 $141,000
Source: Public Records

Agents Affiliated with this Home

  • Galya Kirstine

    Seller's Agent in 2020

    Galya Kirstine

    Real Residential

    (206) 853-5995

    1 in this area

    84 Total Sales

    Galya Kirstine
    Section Image
  • Stephanie St. Mary

    Seller Co-Listing Agent in 2020

    Stephanie St. Mary

    Windermere Corporate

    (206) 953-8359

    3 in this area

    31 Total Sales

    Stephanie St. Mary
    Section Image

  • A

    Buyer's Agent in 2020

    Aaron Harrington

    Skyline Properties, Inc

    Section Image
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Map

Washington King County Mercer Island 98040 Mercerdale

3220 74th Ave SE, Mercer Island, WA

Not Listed for Sale

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