NOT LISTED FOR SALE

Estimated Value: $6,309,000 - $8,243,000

2 Beds
4 Baths
3,884 Sq Ft
$1,931/Sq Ft Est. Value

Last Sold July 12, 2023

Last sale price $8,100,000 $2,085 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $43,004/month

20 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Lake View
  • No HOA
  • Northwood Elementary School Rated A
  • 0.63 Acre Lot
  • 14 Car Detached Garage

About This Home

As of July 2023

Welcome home to your Mercer Island Beach House- The perfect north Island location sprawling over 27,500sf sloping gently down to ~100 feet of no bank waterfront awaits. Construction underway on nearly 8,000sf custom home artfully designed by Architect Robert Edson Swain. The plans showcase a contemporary residence decorated in hand selected finished including retractable floor to ceiling wall of windows & zero edge pool offering sweeping lake views. Plans, survey, permits and engineering available. Property retains existing car collectors 3,884sf garage with room for 14+ cars & shop. A deep water moorage dock with boat & plane lifts along the tranquil north Island shores of Lake Washington open the doors to the quintessential PNW Lifestyle.

Last Agent to Sell the Property

Scott Richards

Windermere Real Estate/East License #17884 Listed on: 06/05/2023

Windermere Real Estate/East

Co-Listed By

Stephanie Haner

Windermere Real Estate/East License #139919

Last Buyer's Agent

Shawn Filer

Real Residential License #23778

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2076432

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,751

Year Built

  • Built in 2004

Lot Details

  • 0.63 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Level Lot
  • Value in Land
  • Zoning described as R9.6

Parking

  • 14 Car Detached Garage

Property Views

  • Lake
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,884 Sq Ft Home
  • 1-Story Property
  • Basement

Outdoor Features

  • Patio

Schools

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

Community Details

  • No Home Owners Association
  • North End Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0724059038

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,751

Year Built

Built in 2004

Lot Details

0

Parking

14

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 2004
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 3884
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 933

Interior Features

  • Fireplace: No
  • Living Area: 3884
  • Bathrooms: 0
  • BathsFullMain: 0
  • SquareFootageFinished: 3884
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Lake, Territorial
  • Lot Features: Dead End Street, Paved, Value In Land
  • View: Yes
  • Waterfront Features: Lake, No Bank
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • WaterfrontFootage: 100

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 14
  • Garage Spaces: 14
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Garage
  • Total Parking Spaces: 14

Utilities

  • Sewer: Available
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • PowerCompany: PSE
  • SewerCompany: City of MI
  • WaterCompany: City of MI

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: 0724059038
  • Topography: Level,Sloped
  • Land Lease: No
  • Lot Size Acres: 0.6323
  • Lot Size Sq Ft: 27543
  • Zoning Description: R9.6
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Patio
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Builder Plans
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 63751

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Northwood Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2018
Closed on
Nov 16, 2018
Sold by
Beck Stanton P and Hobart Properties Trust
Bought by
Orr Heidi L G and Timiut Trust
Seller's Agent
Ruth Harle
COMPASS
Buyer's Agent
Scott Richards
Windermere Real Estate/East
List Price
$7,750,000
Sold Price
$6,750,000
Premium/Discount to List
-$1,000,000
-12.9%
Total Days on Market
20
Current Estimated Value
$7,499,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$749,089
Avg. Annual Appreciation
1.62%

Purchase Details

Closed on
Jan 29, 2003
Sold by
Naness Alan J
Bought by
North Mercer Island Waterfront Property

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,075,000
Interest Rate
5.97%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 23, 2003
Sold by
North Mercer Island Waterfront Property
Bought by
Cysewski Robert J and Hobart Properties Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,075,000
Interest Rate
5.97%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 7, 2000
Sold by
Morgan Michael E
Bought by
Naness Alan J

Purchase Details

Closed on
Jan 4, 2000
Sold by
Folta George W and Folta Arline B
Bought by
Morgan Michael E
Source: Public Records

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Range of Values:

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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
Orr Heidi L G $6,750,000 None Available
North Mercer Island Waterfront Property -- Chicago Title
Cysewski Robert J $3,075,000 Chicago Title
Naness Alan J -- Chicago Title
Morgan Michael E $2,320,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orr Heidi L G $5,399,325
Closed Orr Heidi L G $5,399,325
Previous Owner Cysewski Robert J $2,075,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2023 07/12/23 Sold $8,100,000 -5.2% $2,085 / Sq Ft
06/25/2023 06/25/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $8,540,000 +26.5% $2,199 / Sq Ft
11/16/2018 11/16/18 Sold $6,750,000 -12.9% $979 / Sq Ft
10/06/2018 10/06/18 Pending -- -- --
07/24/2018 07/24/18 For Sale $7,750,000 -- $1,124 / 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 $38,477 $5,877,000 $5,580,000 $297,000
2023 $38,252 $5,545,000 $5,265,000 $280,000
2022 $63,751 $6,238,000 $5,923,000 $315,000
2021 $61,183 $8,661,000 $4,875,000 $3,786,000
2020 $54,348 $7,647,000 $4,643,000 $3,004,000
2018 $56,391 $6,737,000 $3,942,000 $2,795,000
2017 $49,221 $6,502,000 $3,791,000 $2,711,000
2016 $45,778 $6,050,000 $3,466,000 $2,584,000
2015 $44,103 $5,479,000 $3,137,000 $2,342,000
2014 -- $5,044,000 $2,900,000 $2,144,000
2013 -- $5,800,000 $2,865,000 $2,935,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2076432

Northwest Multiple Listing Service (NWMLS)

APN: 072405-9038