NOT LISTED FOR SALE

Estimated Value: $1,575,000 - $1,905,000

3 Beds
1 Bath
2,270 Sq Ft
$797/Sq Ft Est. Value

Last Sold March 16, 2018

Last sale price $1,320,000 $581 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $10,982/month

1 Day on Market

Highlights

  • Deck
  • Wood Flooring
  • Attached Garage
  • West Mercer Elementary School Rated A
  • 3 Fireplaces
  • 3-minute walk to Bicentennial Park

About This Home

As of March 2018

Perfectly placed on the North End. Just steps from Mercerdale Park, this charming home offers space to entertain & enjoy life. The great room w/fireplace overlooks the front yard. The updated kitchen hosts plenty of counter space, a breakfast nook & French doors opening to the spacious deck. All bedrooms on the main level including master suite. The lower level features an expansive mud room, rec room & office area. Whole house A/C. A desirable community close to restaurants, shopping & more.

Last Listed By

Tere Foster

COMPASS License #7690 Listed on: 02/13/2018

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1245000

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,319

Year Built

  • Built in 1959

Lot Details

  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System
  • Garden

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 3 Fireplaces
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

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

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Mercerdale Community

Listing and Financial Details

  • Assessor Parcel Number 5458800105

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,319

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dining Room, French Doors, Skylights
  • Floor Covering: Ceramic Tile, Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 3
  • Fireplaces Main: 2
  • Fireplaces Lower: 1
  • Basement: Fully Finished
  • Den or Office: Lower
  • Dining Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2270
  • Square Footage Finished: 2270

Exterior Features

  • Exterior: Brick, Wood
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: utility room closet-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mercerdale

Schools

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

Lot Info

  • Lot Details: Curbs, Paved Street
  • Lot Sq Ft: 7350
  • Lot Topography Vegetation: Garden Space, Level, Partial Slope
  • Parcel Number: 5458800105
  • Lot Topography: Garden Space, Level, Partial Slope

Tax Info

  • Tax Amount: 6413

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2018
Closed on
Mar 5, 2018
Sold by
Ferrari William and Ferrari Jeanette
Bought by
Zhu Zhicheng and Xing Lan
Seller's Agent
Tere Foster
COMPASS
Buyer's Agent
Shueli Sun
Realogics Sotheby's Int'l Rlty
List Price
$1,148,000
Sold Price
$1,320,000
Premium/Discount to List
$172,000
14.98%
Total Days on Market
1
Current Estimated Value
$1,808,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$488,307
Original Mortgage
$1,051,000
Outstanding Balance
$918,689
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 24, 2009
Sold by
Ferrari William
Bought by
Ferrari William and Ferrari Jeanette

Purchase Details

Closed on
Nov 16, 1995
Sold by
Ferrari Mary S
Bought by
Ferrari George E

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 Buyer Sale Price Title Company
Zhu Zhicheng $1,320,000 First American Title
Ferrari William -- None Available
Ferrari George E -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Zhicheng $503,000
Closed Zhu Zhicheng $515,368
Open Zhu Zhicheng $1,051,000
Previous Owner Ferrari William $250,000
Previous Owner Ferrari George E $149,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2018 03/16/18 Sold $1,320,000 +15.0% $581 / Sq Ft
02/15/2018 02/15/18 Pending -- -- --
02/13/2018 02/13/18 For Sale $1,148,000 -- $506 / 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 $10,319 $1,574,000 $1,046,000 $528,000
2023 $10,194 $1,479,000 $987,000 $492,000
2022 $8,892 $1,655,000 $1,111,000 $544,000
2021 $8,536 $1,206,000 $915,000 $291,000
2020 $8,771 $1,065,000 $872,000 $193,000
2018 $7,591 $1,086,000 $649,000 $437,000
2017 $6,414 $874,000 $587,000 $287,000
2016 $5,968 $787,000 $537,000 $250,000
2015 $5,756 $713,000 $486,000 $227,000
2014 -- $657,000 $450,000 $207,000
2013 -- $560,000 $462,000 $98,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1245000

Northwest Multiple Listing Service (NWMLS)

APN: 545880-0105