NOT LISTED FOR SALE

Estimated Value: $3,594,000 - $4,395,000

4 Beds
1 Bath
4,000 Sq Ft
$1,018/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $3,000,000 $750 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $24,328/month

40 Days on Market

Highlights

  • Docks
  • Lake View
  • Northwest Architecture
  • West Mercer Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of March 2017

The 4 little words that we rarely hear together...North End. Westside. Waterfront. Wow, what a combination! This home is dramatic w soaring ceilings, volume, open spaces & HUGE panoramic vws of Lk Washington, Seward Park & downtown Seattle. NW contemporary w thoughtful built-ins & space for everyone! Hardwood inlay floors, travertine, granite & exotic woods A short walk to the water & you'll find the level yard, flowing stream & 45 feet of private waterfront w dock. Upstairs A/C Built in stereo

Last Agent to Sell the Property

Lou Glatz

John L. Scott, Inc. License #40375 Listed on: 01/20/2017

John L. Scott, Inc.

Co-Listed By

Lori Holden

John L. Scott, Inc. License #24368

Last Buyer's Agent

zheng fang

eLink Realty License #119826

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1069388

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,118

Year Built

  • Built in 1913

Lot Details

  • Level Lot
  • Sprinkler System
  • Garden

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Northwest Architecture
  • Poured Concrete
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 3 Fireplaces
  • Finished Basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Off-Street Parking

Outdoor Features

  • Docks
  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • Westside Community

Listing and Financial Details

  • Assessor Parcel Number 2602700025

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,118

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Jetted Tub, Security System, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Refrigerator, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 1
  • Bathrooms: 2.75
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Upper
  • Fireplaces: 3
  • Fireplaces Main: 2
  • Fireplaces Lower: 1
  • Basement: Fully Finished
  • Den or Office: Upper
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4000
  • Square Footage Finished: 4000

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Metal
  • View: City, Lake, Mountain
  • Waterfront: Bank-Medium, Lake

Garage/Parking

  • Parking Type: Garage-Detached, Off Street
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: Mercer Island
  • Water Company: Mercer Island
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Westside

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Sq Ft: 14849
  • Lot Topography Vegetation: Garden Space, Level, Partial Slope
  • Parcel Number: 2602700025
  • Lot Topography: Garden Space, Level, Partial Slope

Tax Info

  • Tax Amount: 16735

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2017
Sold by
Chen Lei
Bought by
Chen Lei and Chen Yaoming
Current Estimated Value
$4,071,343

Purchase Details

Closed on
Nov 16, 2017
Sold by
Chen Ruojin
Bought by
Chen Lei

Purchase Details

Listed on
Jan 20, 2017
Closed on
Mar 24, 2017
Sold by
Chen Ruojin
Bought by
Chen Lei
Seller's Agent
Lou Glatz
John L. Scott, Inc.
Buyer's Agent
zheng fang
eLink Realty
List Price
$3,200,000
Sold Price
$3,000,000
Premium/Discount to List
-$200,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.14%

Purchase Details

Closed on
Feb 9, 1990
Sold by
Miles Rae Speer
Bought by
Postma Sidney W
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 Buyer Sale Price Title Company
Chen Lei -- Chicago Title
Chen Lei -- Chicago Title Insurance Co
Chen Lei -- Fidelity Natio
Chen Lei $3,000,000 Fidelity Natio
Postma Sidney W $900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Lei $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2017 03/31/17 Sold $3,000,000 -6.3% $750 / Sq Ft
03/02/2017 03/02/17 Pending -- -- --
01/20/2017 01/20/17 For Sale $3,200,000 -- $800 / 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 $22,118 $3,377,000 $1,992,000 $1,385,000
2023 $22,254 $3,232,000 $1,880,000 $1,352,000
2022 $19,901 $3,615,000 $2,115,000 $1,500,000
2021 $19,950 $2,702,000 $1,741,000 $961,000
2020 $19,853 $2,492,000 $1,659,000 $833,000
2018 $20,606 $2,460,000 $1,595,000 $865,000
2017 $17,988 $2,375,000 $1,534,000 $841,000
2016 $16,735 $2,210,000 $1,403,000 $807,000
2015 $16,123 $2,002,000 $1,270,000 $732,000
2014 -- $1,843,000 $1,174,000 $669,000
2013 -- $1,435,000 $1,267,000 $168,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1069388

Northwest Multiple Listing Service (NWMLS)

APN: 260270-0025