$4,100,000
SOLD JUN 29, 2015
4 Beds
3 Baths
2,700 Sq Ft
0.71 Acres

Recently Sold

$1,519 Per Sq Ft

9% Below List Price

49 Days on Market

Highlights

  • Boathouse
  • Lake View
  • Wood Flooring
  • Northwood Elementary School Rated A
  • Deck
  • 1 Fireplace

About This Home

As of March 2019

SERENITY ON NORTH MERCER ISLAND. Behold this permit-ready, new construction opportunity inspired by Garret Cord Werner. Fully engineered plans for 8,235 SF NW contemporary on vacant land. Two lot portfolio (pending short plat) comprises 101' of nearly flat, no-bank waterfront (19,685 SF lot) incl. plans and upland, home (11,314 SF lot). Park-like setting, walk-in beach & boat house w/ water rights for irrigation. Convenient to 1-90 & town center. Renowned school district.

Last Agent to Sell the Property

James Stroupe

Realogics Sotheby's Int'l Rlty License #2738 Listed on: 02/23/2015

Realogics Sotheby's Int'l Rlty

Last Buyer's Agent

Doug Shih

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM746835

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,305

Year Built

  • Built in 1935

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Garden
  • Property is zoned R9.6

Parking

  • Attached Garage

Home Design

  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Wood Flooring
  • Lake Views
  • Dishwasher
  • Finished Basement

Outdoor Features

  • Boathouse
  • Deck
  • Patio
  • Gazebo

Community Details

  • Mercer Island Community

Listing and Financial Details

  • Assessor Parcel Number 0724059051

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,305

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 13 - Tri-Level
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw
  • Floor Covering: Hardwood
  • Appliances That Stay: Dishwasher
  • Bedrooms: 4.00
  • Lower Level Bedroom: 1
  • Bathrooms: 3.00
  • Total Full Bathrooms: 3
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Fully Finished
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Upper
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2700
  • Square Footage Finished: 2700

Exterior Features

  • Exterior: Wood
  • Foundation: Concrete Block
  • Roof: Composition
  • View: Lake
  • Waterfront: Lake, No Bank
  • Waterfront Frontage: 101

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: Mercer Island
  • Water Company: Mercer Island
  • Water Heater: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mercer Island

Schools

  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Number: 3
  • Lot Details: Paved Street
  • Lot Dimensions: 30400
  • Lot Sq Ft: 30999
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 0724059051
  • Zoning Code: R9.6
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 15770

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%
Current Estimated Value
$4,474,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,324,204
Avg. Annual Appreciation
5.58%
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
0.86%

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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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
Warranty Deed $3,150,000 Chicago Title
Warranty Deed $814,000 Chicago Title
Interfamily Deed Transfer -- First American
Warranty Deed $4,100,000 First American
Warranty Deed $3,000,000 Chicago Title
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,984,000 New Conventional
Closed $2,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,078,700 Construction
Previous Owner $1,610,000 Construction
Previous Owner $526,500 Commercial
Previous Owner $1,125,000 Unknown
Previous Owner $3,200,000 Unknown
Previous Owner $100,000 Unknown
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: NWM746835

Northwest Multiple Listing Service (NWMLS)

APN: 072405-9051