Listed by Coldwell Banker Bain, Bought with Windermere Real Estate/East
NOT LISTED FOR SALE

Estimated Value: $717,000 - $772,000

3 Beds
2 Baths
1,375 Sq Ft
$635/mo HOA Fee

Last Sold April 24, 2024

Last sale price $775,000 $564 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,877/month

6 Days on Market

Highlights

  • Clubhouse
  • Contemporary Architecture
  • Territorial View
  • West Mercer Elementary School Rated A
  • Property is near public transit
  • 5-minute walk to Mercerdale Park

About This Home

As of April 2024

Perfectly located in the heart of downtown Mercer Island, welcome home to this rare 3-bedroom condo at the Woodlake. Enjoy this light & bright end unit w/spacious balcony & cozy wood-burning fireplace. Fresh paint, new lighting & luxury vinyl plank flooring gives you a blank canvas to call home. You’ll appreciate a spacious primary suite w/large walk-in closet & en-suite bath. With an additional 2 beds & full bath, this is a great single-family alternative. Private & secure storage, one covered parking space, plenty of guest parking & no rental cap! Recent exterior renovations include new decks, windows, siding & roof. Amenities include outdoor pool & clubhouse. Steps to shopping, restaurants, parks and I-90. Excellent MI Schools.

Last Agent to Sell the Property

Kenneth Urman

Coldwell Banker Bain License #106715 Listed on: 03/27/2024

Coldwell Banker Bain

Co-Listed By

Courtney Emanuels

Coldwell Banker Bain License #122879

Last Buyer's Agent

Hao Dang

Windermere Real Estate/East License #48698

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2215098

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $420

Year Built

  • Built in 1973

Lot Details

  • Cul-De-Sac
  • Street terminates at a dead end
  • East Facing Home

HOA Fees

  • $635 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 1,375 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Territorial Views

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Stone
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Electric Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • West Mercer Elementary School
  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Baseboard Heating
  • Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, garbage, sewer, water
  • 72 Units
  • Scott Adam Association
  • Secondary HOA Phone (425) 559-7673
  • Woodlake Condos
  • Downtown Subdivision
  • Park Phone (425) 559-7673 | Manager Scott Adam

Amenities

  • Clubhouse
  • Game Room
  • Recreation Room

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$420

Year Built

Built in 1973

Lot Details

0

HOA Fees

$635 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1973
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwashers,Dryers,GarbageDisposal,Microwaves,Refrigerators,StovesRanges,Washers,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Woodlake
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1375
  • SeniorExemption: true
  • DwellingType: Attached
  • NumberOfAccessStairs: 12
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,Primary Bath,Walk-in Closet
  • NWM_ExcludedItemsYN: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2215098?w=Consumer&agent=87180
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher(s), Dryer(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Stone, Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer, Fireplace, Water Heater
  • Main Level Bedrooms: 3
  • Stories: 3
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 1
  • StorageNo: #45
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • StorageLocation: in Building 3218
  • WindowCoverings: Blinds in all Bedrooms
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Cement Planked, Wood
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ConstructionMethods: Standard Frame
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: Yes
  • Parking Features: Carport, Off Street
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 47

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Primary Bathroom Closet
  • WaterHeaterType: Electric Tank

Condo/Co-op/Association

  • Community Features: Club House, Game/Rec Rm, Outside Entry, Pool
  • Park Manager Name: Scott Adam
  • Park Manager Phone: 425-559-7673
  • Senior Community: No
  • Association Fee: 635
  • Association Fee Frequency: Monthly
  • Phone: 425-559-7673
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK
  • Common Interest: Condominium
  • AssociationContactName: Scott Adam
  • CoOp: false
  • CommonPropertyFeatures: Clubhouse,Game/Rec Rm,Outside Entry,Pool-Outdoor

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Sewer, Water
  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Mercer Island
  • High School: Mercer Isl High
  • Middle Or Junior School: Islander Mid

Lot Info

  • Parcel Number: 9520300540
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 420

Multi Family

  • Number Of Units In Community: 72
  • EnergySource: Electric
  • UnitsInBuildingTotal: 18

MLS Schools

  • Elementary School: West Mercer Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
Apr 22, 2024
Sold by
Smith Shirley M
Bought by
Choubey Richa Tiwari and Choubey Sushi Kumar
Seller's Agent
Kenneth Urman
Coldwell Banker Bain
Buyer's Agent
Hao Dang
Windermere Real Estate/East
List Price
$775,000
Sold Price
$775,000
Views
21
Current Estimated Value
$738,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,111
Avg. Annual Appreciation
-2.75%
Original Mortgage
$697,500
Outstanding Balance
$690,692
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$54,207

Purchase Details

Closed on
Nov 12, 2013
Sold by
Fletcher Katie G
Bought by
Smith Shirley M

Purchase Details

Closed on
Aug 27, 2013
Sold by
3 Six D Solutions Inc
Bought by
Tzeiranakis Lawana

Purchase Details

Closed on
Dec 14, 2009
Sold by
Smith Shirley M and Fletcher Katie G
Bought by
Smith Shirley M and Fletcher Katie G

Purchase Details

Closed on
May 6, 2002
Sold by
Smith Shirley M
Bought by
Smith Shirley M and Fletcher Katie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.66%

Purchase Details

Closed on
Apr 14, 1998
Sold by
Johler Charles Robert
Bought by
Smith Shirley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
6.62%
Source: Public Records

Range of Values:

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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
Choubey Richa Tiwari $775,000 Rainier Title
Smith Shirley M -- None Available
Tzeiranakis Lawana -- None Available
Smith Shirley M -- Accommodation
Smith Shirley M -- Chicago Title
Smith Shirley M $185,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choubey Richa Tiwari $697,500
Previous Owner Smith Shirley M $130,000
Previous Owner Smith Shirley M $138,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2024 04/24/24 Sold $775,000 0.0% $564 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $775,000 -- $564 / 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 $4,083 $621,000 $155,100 $465,900
2023 $430 $637,000 $155,100 $481,900
2022 $552 $645,000 $153,100 $491,900
2021 $596 $515,000 $153,100 $361,900
2020 $591 $297,000 $119,300 $177,700
2018 $1,212 $297,000 $119,300 $177,700
2017 $1,293 $462,000 $153,100 $308,900
2016 $1,729 $378,000 $153,100 $224,900
2015 $2,652 $325,000 $153,100 $171,900
2014 -- $302,000 $149,100 $152,900
2013 -- $242,000 $149,100 $92,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2215098

Northwest Multiple Listing Service (NWMLS)

APN: 952030-0540