NOT LISTED FOR SALE

Estimated Value: $649,212 - $722,000

2 Beds
2 Baths
1,145 Sq Ft
3.13 Acres

Last Sold March 10, 2017

Last sale price $446,950 $390 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,121/month

4 Days on Market

Highlights

  • Territorial View
  • Bamboo Flooring
  • Open Space
  • West Mercer Elementary School Rated A
  • Corner Lot
  • 3-minute walk to Mercerdale Park

About This Home

As of March 2017

Location, location, location! Downtown Mercer Island beautiful 2 bed/2 bath condo w/new kitchen all/SS appliances and granite counters. Large living room with fireplace opens to large patio. Expansive windows bring in lots of natural light, deck to enjoy peaceful views, master suite w/full bath and walk in closet, washer/dryer in unit, storage in covered parking garage, clubhouse, pool. Award winning schools. Walk to downtown shops/restaurants and drive less than 10 min to Seattle and Bellevue.

Last Listed By

Alena Kuksa

Skyline Properties, Inc. License #123816 Listed on: 01/26/2017

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1071617

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,703

Year Built

  • Built in 1973

Lot Details

  • Open Space

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 9520300250

Community Details

Overview

  • 18 Units
  • Downtown Community

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,703

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Entrance Level: Main
  • Unit Floor Number: 2
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Bamboo/Cork, Ceramic Tile, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • 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: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Carport
  • Storage Number: 51
  • Estimated Sq Ft: 1145
  • Window Coverings: Yes

Exterior Features

  • Exterior: Wood
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Carport, Uncovered
  • Parking Space Number: 1

Utilities

  • Heating And Cooling: Baseboard, Forced Air
  • Water Heater: Closet-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 18
  • Numberof Units In Complex: 76
  • HOA Fees: 376
  • Community Name: Downtown
  • Project: Woodlake
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Fred Arpin (206) 351-4768
  • Association Contact: Managment Trust (425) 897-3400
  • Common Property Features: Cable Tv, Club House, Game/Rec Rm, High Speed Int Avail, Outside Entry
  • Home Owner Dues Included: Garbage, Water/Sewer, Road Maintenance, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, Insulated Windows, Master Bath, Walk-In Closet

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: MIS

Lot Info

  • Lot Details: Corner Lot, Curbs, Open Space, Paved Street, Sidewalk
  • Lot Sq Ft: 136145
  • Parcel Number: 9520300250

Tax Info

  • Tax Amount: 2468

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2017
Closed on
Mar 10, 2017
Sold by
D & J Shires Llc
Bought by
Hu A Reum
Seller's Agent
Alena Kuksa
Skyline Properties, Inc.
Buyer's Agent
Seung Lee
Kelly Right RE of Seattle LLC
List Price
$439,950
Sold Price
$446,950
Premium/Discount to List
$7,000
1.59%
Total Days on Market
4
Current Estimated Value
$681,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,103
Avg. Annual Appreciation
5.66%
Original Mortgage
$357,560
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 26, 2017
Closed on
Feb 7, 2017
Sold by
Edwards David E and Edwards Kathryn M
Bought by
D & J Shires Llc
Seller's Agent
Alena Kuksa
Skyline Properties, Inc.
Buyer's Agent
Seung Lee
Kelly Right RE of Seattle LLC
List Price
$439,950
Sold Price
$446,950
Premium/Discount to List
$7,000
1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,560
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 26, 2017
Closed on
Feb 1, 2017
Sold by
Edwards David E and Edwards Kathryn M
Bought by
Woodlake Condominium Association
Seller's Agent
Alena Kuksa
Skyline Properties, Inc.
Buyer's Agent
Seung Lee
Kelly Right RE of Seattle LLC
List Price
$439,950
Sold Price
$446,950
Premium/Discount to List
$7,000
1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,560
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 8, 2016
Sold by
Edwards David E and Edwards Kathryn
Bought by
Woodlake Condomnium Association

Purchase Details

Closed on
Nov 10, 2015
Sold by
Edwards David E and Edwards Kathryn M
Bought by
Woodlake Condominium Association

Purchase Details

Closed on
Jul 18, 2011
Sold by
Edwards David E and Edwards Kathryn M
Bought by
Woodlake Condominium Association

Purchase Details

Closed on
Sep 21, 2005
Sold by
Larsen Robert L and Larsen Gwen
Bought by
Edwards David E and Edwards Kathryn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,250
Interest Rate
8.4%

Purchase Details

Closed on
May 27, 2005
Sold by
Larsen Gwen J
Bought by
Larsen Robert L and Larsen Gwen J

Purchase Details

Closed on
Jul 6, 2004
Sold by
Larsen Robert L
Bought by
Larsen Gwen J

Purchase Details

Closed on
Jul 30, 2002
Sold by
Boothe Paul W and Boothe Marjorie M
Bought by
Kasperson Paula Ann and Train Lana Kaye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.6%

Purchase Details

Closed on
Sep 18, 1985
Sold by
Homequity Inc
Bought by
Boothe Paul W and Boothe Marjorie M

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
Hu A Reum $446,950 Nextitle
D & J Shires Llc $17,860 None Available
Woodlake Condominium Association $17,860 None Available
Woodlake Condomnium Association $17,860 None Available
Woodlake Condominium Association $9,881 None Available
Woodlake Condominium Association -- None Available
Edwards David E $263,000 Transnation Ti
Larsen Robert L -- --
Larsen Gwen J -- Commonwealth L
Larsen Gwen J $209,000 Commonwealth L
Kasperson Paula Ann $180,000 Commonwealth Land Title
Boothe Paul W $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hu A R $342,000
Closed Hu A Reum $357,560
Previous Owner Edwards David E $197,250
Previous Owner Kasperson Paula Ann $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2017 03/10/17 Sold $446,950 +1.6% $390 / Sq Ft
01/31/2017 01/31/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $439,950 -- $384 / 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 $3,703 $563,000 $139,300 $423,700
2023 $3,702 $587,000 $139,300 $447,700
2022 $3,616 $601,000 $137,500 $463,500
2021 $4,184 $489,000 $137,500 $351,500
2020 $4,311 $521,000 $137,500 $383,500
2018 $3,706 $479,000 $137,500 $341,500
2017 $2,859 $426,000 $137,500 $288,500
2016 $2,468 $350,000 $137,500 $212,500
2015 $2,294 $294,000 $137,500 $156,500
2014 -- $261,000 $134,000 $127,000
2013 -- $209,000 $134,000 $75,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1071617

Northwest Multiple Listing Service (NWMLS)

APN: 952030-0250