Listed by COMPASS
NOT LISTED FOR SALE

Estimated Value: $2,421,000 - $2,952,000

4 Beds
2.5 Baths
2,870 Sq Ft
$923/Sq Ft Est. Value

Last Sold April 15, 2022

Last sale price $2,450,000 $854 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $15,534/month

5 Days on Market

Highlights

  • Property is near public transit
  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub
  • Northwood Elementary School Rated A
  • Wood Flooring
  • 1 Fireplace

About This Home

As of April 2022

This beautiful North End home hits the 3 big musts; Location, Location, LOCATION! Want to go to Seattle, great…Bellevue, awesome…it’s one of the quickest entrance points to both directions while STILL getting the serene Lake WA living the North End offers. Access to lake is just 2 blocks away, 4 min to lightrail station to catch a game & a quick hop to all of the restaurants & shops in town. The lot though! A beautifully appointed over 12k sqft corner lot perimetered by mature Cypress hedges offers complete privacy in all yard spaces. With 4 bedrooms, including a main level primary suite, vaulted ceilings, large windows, multiple outdoor entertaining areas & calming views of lake WA, this home lives to entertain. A truly rare gem; Must See!

Last Agent to Sell the Property

Zachary Lazo

COMPASS License #25114 Listed on: 02/09/2022

COMPASS

Co-Listed By

Renee McGahan

COMPASS License #119664

COMPASS

Last Buyer's Agent

Renee McGahan

COMPASS License #119664

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1883849

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,247

Year Built

  • Built in 1952

Lot Details

  • 0.28

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,870 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • 1 Fireplace
  • Dining Room
  • Finished Basement

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • High Efficiency Heating System

Additional Features

  • 0.28 Acre Lot
  • Property is near public transit

Community Details

  • No Home Owners Association
  • Mercerwood Subdivision

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 4139300151

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,247

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1952
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Lakemont Add
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2870
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 1,228

Interior Features

  • Fireplaces: 1
  • Basement: Finished
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet, Bath Off Primary, Dining Room, Jetted Tub, Skylight(s), Vaulted Ceiling(s), Walk-In Pantry, Walk-In Closet(s)
  • Living Area: 2870
  • Main Level Bedrooms: 1
  • Bathrooms: 2.5
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 2870
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 3
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Electricity Available, Natural Gas Connected
  • HeatingCoolingType: High Efficiency (Unspecified)
  • PowerCompany: PSE
  • WaterHeaterLocation: basement
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 4139300151
  • Land Lease: No
  • Lot Size Acres: 0.2803
  • Lot Size Sq Ft: 12208
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • LotNumber: 30

Green Features

  • Efficiency: High Efficiency (Unspecified)
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 11247

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Northwood Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2022
Closed on
Mar 29, 2022
Sold by
Kane James P and Kane Christine S
Bought by
Kim Ick Jin and Kim Suk Hui
Seller's Agent
Zachary Lazo
COMPASS
Buyer's Agent
Renee McGahan
COMPASS
List Price
$2,188,000
Sold Price
$2,450,000
Premium/Discount to List
$262,000
11.97%
Current Estimated Value
$2,647,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,901
Avg. Annual Appreciation
-1.16%
Original Mortgage
$1,462,221
Outstanding Balance
$1,387,160
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$969,178

Purchase Details

Closed on
Aug 26, 1997
Sold by
Hand Gerald H and Hand Erdene L
Bought by
Kane James P and Kane Christine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
7.43%
Source: Public Records

Range of Values:

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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
Kim Ick Jin $2,450,000 Chicago Title
Kane James P $470,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Ick Jin $1,462,221
Previous Owner Kane James P $556,000
Previous Owner Kane James P $217,838
Previous Owner Kane James P $417,000
Previous Owner Kane James P $100,000
Previous Owner Kane James P $429,000
Previous Owner Kane James P $352,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2022 04/15/22 Sold $2,450,000 +12.0% $854 / Sq Ft
02/14/2022 02/14/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $2,188,000 -- $762 / 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 $13,271 $2,025,000 $1,302,000 $723,000
2023 $13,104 $1,902,000 $1,229,000 $673,000
2022 $11,718 $2,127,000 $1,383,000 $744,000
2021 $11,247 $1,590,000 $1,139,000 $451,000
2020 $11,644 $1,404,000 $1,085,000 $319,000
2018 $11,293 $1,442,000 $974,000 $468,000
2017 $9,537 $1,301,000 $881,000 $420,000
2016 $8,875 $1,171,000 $806,000 $365,000
2015 $8,553 $1,061,000 $730,000 $331,000
2014 -- $977,000 $675,000 $302,000
2013 -- $802,000 $577,000 $225,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1883849

Northwest Multiple Listing Service (NWMLS)

APN: 413930-0151