Listed by COMPASS, Bought with Windermere Real Estate/East
$6,750,000
SOLD NOV 16, 2018
2 Beds
5 Baths
6,895 Sq Ft
0.63 Acres

Recently Sold

$979 Per Sq Ft

13% Below List Price

74 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Lake View
  • Northwood Elementary School Rated A
  • RV Access or Parking
  • 0.63 Acre Lot

About This Home

As of July 2023

A rare waterfront treasure like none other. Pristine, ultra-private estate on over ½ acre of lush, manicured grounds.100’ stunning waterfront with yacht & seaplane dock. Truly exquisite finish work; like a fine work of art. Reminiscent of a world-class manor, evokes a feeling of timelessness grandeur. Stupendous outdoor living spaces with expansive view decks. Award-winning commercial kitchen, world travel inspired library and movie room. Enjoy 14 car collector’s dream & loft or simply expand.

Last Agent to Sell the Property

Ruth Harle

COMPASS License #8541 Listed on: 07/24/2018

COMPASS

Co-Listed By

Margo Allan

COMPASS License #100621

Last Buyer's Agent

Scott Richards

Windermere Real Estate/East License #17884

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1326458

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,390

Year Built

  • Built in 2004

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 100 x 282
  • Low Bank Waterfront Property
  • 100 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Gated Home
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System
  • Property is in very good condition
  • Zoning described as R9.6

Parking

  • 13 Car Garage
  • RV Access or Parking

Property Views

  • Lake
  • Mountain

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stone Siding
  • Wood Composite

Interior Spaces

  • 6,895 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Central Vacuum
  • Skylights
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Accessible Home Design

  • Disabled Access

Outdoor Features

  • Docks
  • Deck
  • Patio

Schools

  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Generator Hookup
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Built by custum
  • Mercer Island Subdivision

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 0724059038

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,390

Year Built

Built in 2004

Lot Details

0

Parking

13

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 17 - 1 1/2 Stry w/Bsmt
  • Accessibility Features: Other
  • Year Built: 2004
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 6895
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,039

Interior Features

  • Fireplaces: 3
  • Basement: Daylight, Finished
  • Appliances: Dishwasher, Double Oven, Dryer, Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet, Bath Off Primary, Built-In Vacuum, Double Pane/Storm Window, Dining Room, Disabled Access, French Doors, Security System, Skylight(s), Walk-In Closet(s), Walk-In Pantry, Wet Bar, Wired for Generator, Water Heater
  • Living Area: 6895
  • Main Level Bedrooms: 1
  • Bathrooms: 3.25
  • BathsFullMain: 1
  • FireplacesMain: 2
  • SquareFootageFinished: 6895
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 1
  • BathsHalfMain: 2
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Washer
  • FireplacesLower: 1

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s)
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront Features: Bank-High, Bank-Low, Bank-Medium, Lake
  • Waterfront: Yes
  • Builder Name: custum
  • Exterior Features: Cement/Concrete, Stone, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • ConstructionMethods: Standard Frame
  • WaterfrontFootage: 100

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 13
  • Garage Spaces: 13
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Attached Garage, Detached Garage
  • Total Parking Spaces: 13

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Natural Gas Connected
  • HeatingCoolingType: Radiant
  • PowerCompany: PSE
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • WaterHeaterLocation: garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Senior Community: 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,PartialSlope,Terraces
  • Lot Size Acres: 0.6323
  • Lot Size: 100 x 282
  • Lot Size Sq Ft: 27543
  • Zoning Description: R9.6
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Disabled Access,Dock,Fenced-Fully,Gated Entry,High Speed Internet,Moorage,Patio,RV Parking,Shop,Sprinkler System
  • MLSLotSizeSource: plans
  • MLSSquareFootageSource: Plans
  • ZoningJurisdiction: City
  • LotNumber: 38

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2018
  • Tax Annual Amount: 56390

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

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
74
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 Type Sale Price Title Company
Special Warranty Deed $6,750,000 None Available
Quit Claim Deed -- Chicago Title
Warranty Deed $3,075,000 Chicago Title
Warranty Deed -- Chicago Title
Warranty Deed $2,320,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,399,325 New Conventional
Closed $5,399,325 Adjustable Rate Mortgage/ARM
Previous Owner $2,075,000 Seller Take Back
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: 1326458

Northwest Multiple Listing Service (NWMLS)

APN: 072405-9038