Listed by Windermere Real Estate Co., Bought with Best Choice Realty LLC
$915,000
SOLD JUN 15, 2015
4 Beds
2 Baths
2,500 Sq Ft
0.32 Acres

Recently Sold

$366 Per Sq Ft

1% Below List Price

82 Days on Market

Highlights

  • Lake View
  • Deck
  • Wooded Lot
  • West Mercer Elementary School Rated A
  • Northwest Architecture
  • 5-minute walk to Proctor Landing

About This Home

As of September 2021

First time on market in 35 years! Opportunity knocks with this view home located on a secluded west-side property with park-like setting and 180 degree lake view. The main floor offers spacious formals with lake vista, 2 main floor bedrooms and baths, hardwoods and convenient main floor laundry. The lower level is daylight basement with 2 additional bdrms, bath, rec room with fireplace and ample storage. Fabulous north-end location with western exposure and easy access to I-90. Home sold as is.

Last Agent to Sell the Property

Rena Ritchey

Windermere Real Estate Co. Listed on: 01/31/2015

Last Buyer's Agent

Stephen Ma

Best Choice Realty LLC License #51061

Best Choice Realty LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM737033

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,282

Year Built

  • Built in 1913

Lot Details

  • Street terminates at a dead end
  • Partially Fenced Property
  • Corner Lot
  • Wooded Lot
  • Garden
  • Value in Land
  • Property is zoned MIR-15

Parking

  • Attached Carport

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Northwest Architecture
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2 Bathrooms
  • 2 Fireplaces
  • Partially Finished Basement
  • Natural lighting in basement

Kitchen

  • <<doubleOvenToken>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Mercer Island Community

Listing and Financial Details

  • Assessor Parcel Number 2602700062

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,282

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Senior Exemption: Y
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dining Room, High Tech Cabling, Security System
  • Floor Covering: Ceramic Tile, Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 2
  • Bathrooms: 2.50
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight, Partially Finished
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Estimated Sq Ft: 2850
  • Square Footage Finished: 2500

Exterior Features

  • Exterior: Wood
  • Foundation: Post And Block
  • Roof: Composition
  • View: City, Lake, Mountain

Garage/Parking

  • Parking Type: Carport-Attached

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Available
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: Lower-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mercer Island
  • Project: Forests J T 1st E Seattle

Schools

  • Elementary School: West Mercer Elem
  • Middle School: Isler Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Number: 10
  • Lot Details: Corner Lot, Dead End Street, Paved Street, Value In Land
  • Lot Sq Ft: 14080
  • Lot Topography Vegetation: Garden Space, Wooded
  • Parcel Number: 2602700062
  • Zoning Code: MIR-15
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Wooded

Tax Info

  • Tax Amount: 3753

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Sep 2, 2021
Sold by
Roche Kyle and Roche Jessica
Bought by
Yuan Bo and Yin Yan
Seller's Agent
Daniel Sessoms
COMPASS
Buyer's Agent
Xue Qin
Regency Realties LLC
List Price
$5,000,000
Sold Price
$5,300,000
Premium/Discount to List
$300,000
6%
Current Estimated Value
$5,592,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,603
Avg. Annual Appreciation
0.73%

Purchase Details

Listed on
Aug 23, 2018
Closed on
Oct 2, 2018
Sold by
Bkat Investments Llc
Bought by
Roche Kyle Michael and Roche Jessica Ann Marie
Seller's Agent
Keri Lin
Better Properties - Metro
Buyer's Agent
Barbara Quaranta
COMPASS
List Price
$3,700,000
Sold Price
$3,550,000
Premium/Discount to List
-$150,000
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.77%
Original Mortgage
$2,840,000
Interest Rate
4.5%

Purchase Details

Closed on
Apr 20, 2016
Sold by
Winglee Properties Llc
Bought by
Bkat Investments Llc and The Winglee Properties Llc

Purchase Details

Listed on
Jan 31, 2015
Closed on
Jun 10, 2015
Sold by
Ritchey Stephen R
Bought by
Winglee Properties Llc
Seller's Agent
Rena Ritchey
Windermere Real Estate Co.
Buyer's Agent
Stephen Ma
Best Choice Realty LLC
List Price
$925,000
Sold Price
$915,000
Premium/Discount to List
-$10,000
-1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.33%
Original Mortgage
$595,750
Interest Rate
3.64%

Purchase Details

Closed on
Apr 18, 2007
Sold by
Ritchey Stewart P
Bought by
Ritchey Stewart P and Testamentary Trust Of Joan Lindner Ritch

Purchase Details

Closed on
Feb 8, 1985
Sold by
Ritchey Stephen R
Bought by
Ritchey Stewart P and Ritchey Joan L
Source: Public Records

Range of Values:

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Average Value
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List Price
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 Type Sale Price Title Company
Warranty Deed $5,300,000 Modus Title
Warranty Deed $3,550,000 Old Republic Title Ltd
Warranty Deed -- None Available
Warranty Deed $915,000 First American
Warranty Deed -- None Available
Warranty Deed $160,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,600,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,840,000 No Value Available
Previous Owner $1,875,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $595,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2021 09/13/21 Sold $5,300,000 +6.0% $879 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $5,000,000 +40.8% $829 / Sq Ft
10/17/2018 10/17/18 Sold $3,550,000 -4.1% $589 / Sq Ft
09/17/2018 09/17/18 Pending -- -- --
08/23/2018 08/23/18 For Sale $3,700,000 +304.4% $614 / Sq Ft
06/15/2015 06/15/15 Sold $915,000 -1.1% $366 / Sq Ft
04/24/2015 04/24/15 Pending -- -- --
04/20/2015 04/20/15 For Sale $925,000 +1.1% $370 / Sq Ft
04/09/2015 04/09/15 Off Market $915,000 -- --
03/04/2015 03/04/15 Pending -- -- --
02/20/2015 02/20/15 For Sale $925,000 0.0% $370 / Sq Ft
02/07/2015 02/07/15 Pending -- -- --
01/31/2015 01/31/15 For Sale $925,000 -- $370 / 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 $28,282 $4,319,000 $1,502,000 $2,817,000
2023 $28,460 $4,134,000 $1,417,000 $2,717,000
2022 $25,449 $4,624,000 $1,594,000 $3,030,000
2021 $25,509 $3,456,000 $1,312,000 $2,144,000
2020 $26,634 $3,187,000 $1,250,000 $1,937,000
2018 $17,094 $3,477,000 $974,000 $2,503,000
2017 $7,740 $1,970,000 $881,000 $1,089,000
2016 $7,205 $950,000 $708,000 $242,000
2015 $6,944 $861,000 $641,000 $220,000
2014 -- $793,000 $593,000 $200,000
2013 -- $657,000 $568,000 $89,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM737033

Northwest Multiple Listing Service (NWMLS)

APN: 260270-0062