NOT LISTED FOR SALE

Estimated Value: $3,915,647 - $4,683,000

4 Beds
5 Baths
3,779 Sq Ft
$1,157/Sq Ft Est. Value

Last Sold March 21, 2019

Last sale price $3,150,000 $834 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $26,658/month

76 Days on Market

Highlights

  • Lake View
  • Secluded Lot
  • Wood Flooring
  • Northwood Elementary School Rated A
  • Traditional Architecture
  • 3 Fireplaces

About This Home

As of March 2019

Introducing a fresh new lake view farmhouse on the North-End of Mercer Island presented by BDR Fine Homes. Nestled down a private lane situated one house back from Lake Washington. 4 bedroom suites + den. Signature covered outdoor room w/ heaters, fireplace, TV. Gourmet chef’s kitchen w/ pro-grade appliances. Bonus room w/ snack-shop. Steps to nearby waterfront landing. Built by the BDR Team, a proud 3-time winner of the coveted Builder of the Year Award in the Puget Sound region.

Last Agent to Sell the Property

Stephanie Stetler

Keller Williams Rlty Bellevue License #24883 Listed on: 11/26/2018

Keller Williams Rlty Bellevue

Co-Listed By

Doug Shih

Coldwell Banker Bain

Last Buyer's Agent

Robin Root James

John L. Scott, Inc. License #9254

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1388917

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,305

Year Built

  • Built in 2018

Lot Details

  • Property is Fully Fenced
  • Secluded Lot
  • Level Lot
  • Property is zoned R9.6

Parking

  • Attached Garage

Property Views

  • Lake
  • Territorial

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Composition Roof
  • Metal Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3 Fireplaces

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Community Details

  • North End Community

Listing and Financial Details

  • Assessor Parcel Number 0724059051

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,305

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Traditional
  • New Construction: Completed
  • Homebuilder: BDR Fine Homes
  • Building Information: Built On Lot
  • Entrance Level: Main
  • New Construction: Y
  • Year Built: 2018
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Wired For Generator, Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, High Tech Cabling, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Bathrooms: 4.50
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 4
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 3
  • Fireplaces Main: 2
  • Den or Office: Main
  • Dining Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3779
  • Square Footage Finished: 3779

Exterior Features

  • Exterior: Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition, Metal
  • View: Lake, Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Central A/C, High Efficiency (Unspecified), Radiant, Tankless Water Heater
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: Garage-Tankless
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: North End

Schools

  • Elementary School: Northwood Elem
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Paved Street, Secluded
  • Lot Sq Ft: 9957
  • Lot Topography Vegetation: Level
  • Parcel Number: 0724059051
  • Zoning Code: R9.6
  • Zoning Jurisdiction: City
  • Lot Topography: Level

Tax Info

  • Tax Amount: 6237

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2018
Closed on
Mar 18, 2019
Sold by
Bdr Mercer Island Iii Llc
Bought by
Jorgensen Kyria and Bailey Alvin J
Seller's Agent
Stephanie Stetler
Keller Williams Rlty Bellevue
Buyer's Agent
Robin Root James
John L. Scott, Inc.
List Price
$3,198,800
Sold Price
$3,150,000
Premium/Discount to List
-$48,800
-1.53%
Total Days on Market
76
Current Estimated Value
$4,373,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,223,162
Avg. Annual Appreciation
5.02%
Original Mortgage
$2,000,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 12, 2016
Sold by
Shih Doug
Bought by
Bdr Mercer Island Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,500
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 23, 2015
Closed on
Jun 22, 2015
Sold by
Shih Jacqueline
Bought by
Shih Douglas
Seller's Agent
James Stroupe
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Doug Shih
Coldwell Banker Bain
List Price
$4,498,888
Sold Price
$4,100,000
Premium/Discount to List
-$398,888
-8.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.41%

Purchase Details

Closed on
Dec 1, 2009
Sold by
Shiach David Y
Bought by
Jones Dean and Jones Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,200,000
Interest Rate
4.91%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 19, 1991
Sold by
Shiach Kerry Patten
Bought by
Shiach David Y
Source: Public Records

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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
Jorgensen Kyria $3,150,000 Chicago Title
Bdr Mercer Island Iii Llc $814,000 Chicago Title
Shih Douglas -- First American
Shih Douglas $4,100,000 First American
Jones Dean $3,000,000 Chicago Title
Shiach David Y -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Alvin J $1,984,000
Closed Jorgensen Kyria $2,000,000
Previous Owner Bdr Mercer Island Iii Llc $2,078,700
Previous Owner Bdr Mercer Island Iii Llc $1,610,000
Previous Owner Bdr Mercer Island Iii Llc $526,500
Previous Owner Jones Dean $1,125,000
Previous Owner Jones Dean $3,200,000
Previous Owner Shiach David Y $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2019 03/21/19 Sold $3,150,000 -1.5% $834 / Sq Ft
02/10/2019 02/10/19 Pending -- -- --
11/26/2018 11/26/18 For Sale $3,198,800 -22.0% $846 / Sq Ft
06/29/2015 06/29/15 Sold $4,100,000 -8.9% $1,519 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
02/24/2015 02/24/15 For Sale $4,498,888 -- $1,666 / 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 $25,305 $3,864,000 $1,194,000 $2,670,000
2023 $24,896 $3,629,000 $1,127,000 $2,502,000
2022 $22,344 $4,059,000 $1,268,000 $2,791,000
2021 $21,446 $3,034,000 $1,044,000 $1,990,000
2020 $21,842 $2,679,000 $995,000 $1,684,000
2018 $6,237 $2,324,000 $794,000 $1,530,000
2017 $5,950 $718,000 $718,000 $0
2016 $15,482 $730,000 $657,000 $73,000
2015 $14,916 $1,852,000 $1,785,000 $67,000
2014 -- $1,705,000 $1,650,000 $55,000
2013 -- $1,726,000 $1,680,000 $46,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1388917

Northwest Multiple Listing Service (NWMLS)

APN: 072405-9051