NOT LISTED FOR SALE

Estimated Value: $2,702,000 - $3,944,000

5 Beds
4 Baths
4,465 Sq Ft
$719/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $2,700,000 $605 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $18,634/month

183 Days on Market

Highlights

  • Second Kitchen
  • New Construction
  • Deck
  • Northwood Elementary School Rated A
  • Lake View
  • Contemporary Architecture

About This Home

As of November 2023

This stunning new construction boasts exceptional craftsmanship and elegant finishes, creating a warm and inviting ambiance with an abundance of natural light. Spacious rooms provide plenty of room for relaxation or exercise, with a sumptuous primary bedroom and finished basement that are perfect for guests. The custom front door sets the tone for the meticulously designed interior, while the beautifully crafted great room seamlessly blends elegance and functionality with top-of-the-line Gaggenau appliances in the chef's dream kitchen. Steps to Fruitland beach, experience the serenity of this remarkable home, nestled conveniently next to the freeway, yet cocooned in tranquility within its quiet interior.

Last Agent to Sell the Property

Blake Lanz

Valere Real Estate License #25586 Listed on: 04/20/2023

Last Buyer's Agent

Beverly Auffray

eXp Realty License #23023693

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2058542

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,052

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 9,146 Sq Ft Lot
  • Street terminates at a dead end
  • West Facing Home
  • Property is Fully Fenced
  • Sloped Lot
  • Sprinkler System
  • Property is in very good condition

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Limited

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Stone Siding
  • Cement Board or Planked

Interior Spaces

  • 4,465 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Dining Room
  • Finished Basement

Kitchen

  • Second Kitchen
  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit

Schools

  • Northwood Elementary School
  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Forced Air Heating and Cooling System
  • High Efficiency Air Conditioning
  • High Efficiency Heating System
  • Radiant Heating System
  • Smart Home Wiring
  • Private Water Source
  • Tankless Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Built by LNL Builds
  • North End Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 0724059012

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,052

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 2023
  • Inclusions: Dishwasher,DoubleOven,GarbageDisposal,Microwave,Refrigerator,StoveRange,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Unit Levels: Two
  • New Construction: Yes
  • CalculatedSquareFootage: 4465
  • SeniorExemption: false
  • EstimatedCompletionDate: 2023-04-19
  • NewConstruction: Completed
  • NWM_ExcludedItemsYN: false
  • Special Features: 4098
  • Cumulative Days on Market: 730

Interior Features

  • Fireplaces: 1
  • Basement: Finished
  • Appliances: Dishwasher, Double Oven, Disposal, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Engineered Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Second Kitchen, Bath Off Primary, Dining Room, SMART Wired, Sprinkler System, Walk-In Closet(s), Fireplace, Water Heater
  • Living Area: 4465
  • Main Level Bedrooms: 1
  • Bathrooms: 3.75
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 4465
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Double Oven,Garbage Disposal,Microwave,Refrigerator,Stove/Range
  • NWM_NumberOfBathtubs: 3
  • NWM_NumberOfShowers: 4

Exterior Features

  • Roof: Composition
  • View: Lake, Partial
  • Lot Features: Adjacent to Public Land, Dead End Street
  • View: Yes
  • Waterfront: No
  • Builder Name: LNL Builds
  • Direction Faces: West
  • Exterior Features: Cement/Concrete, Cement Planked, Stone
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true
  • WaterAccess: Community Waterfront/Pvt Beach

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Private
  • Cooling: 90%+ High Efficiency, Central A/C, Forced Air
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Forced Air, Radiant, Tankless Water Heater
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • WaterHeaterLocation: Mechanical Room
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Mercer Island
  • High School: Mercer Isl High
  • Middle Or Junior School: Islander Mid

Lot Info

  • Parcel Number: 0724059012
  • Topography: PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9146
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Electric Car Charging,Fenced-Fully,Fenced-Partially,High Speed Internet,Irrigation,Patio,Sprinkler System
  • MLSLotSizeSource: survey
  • MLSSquareFootageSource: Arch Plans
  • IrrigationComments: 6 Zone Sprinkler System

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2023
  • Tax Annual Amount: 14052

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Northwood Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
Nov 14, 2023
Sold by
Neighborhood Works Llc
Bought by
Kumar Karthik and Madathanapalli Shruti
Seller's Agent
Blake Lanz
Valere Real Estate
Buyer's Agent
Beverly Auffray
eXp Realty
List Price
$3,375,000
Sold Price
$2,700,000
Premium/Discount to List
-$675,000
-20%
Total Days on Market
183
Views
298
Current Estimated Value
$3,212,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$512,418
Avg. Annual Appreciation
11.95%
Original Mortgage
$2,025,000
Outstanding Balance
$1,989,324
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$1,223,094

Purchase Details

Closed on
Oct 11, 2018
Sold by
Our Backyard Llc
Bought by
Neighborhood Works Llc

Purchase Details

Closed on
Jun 14, 2018
Sold by
Cvi Lcf Mortgage Loan Trust
Bought by
Our Backyard Llc

Purchase Details

Closed on
Jun 30, 2017
Sold by
Indymac Venture Llc
Bought by
Cvi Lcf Mortgage Loan Trust I

Purchase Details

Closed on
Jul 16, 2013
Sold by
Kuzin Aleksandr
Bought by
Indymac Venture Llc

Purchase Details

Closed on
Jun 18, 2007
Sold by
Ostrovski Yevgeniy
Bought by
Kuzin Aleksandr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,500
Interest Rate
6.12%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 8, 2007
Sold by
Vaisvila Richard
Bought by
Rv Property Investments Llc

Purchase Details

Closed on
Dec 6, 2006
Sold by
Vaisvila Richard
Bought by
Vaisvila Richard and Ostrovski Yevgeni

Purchase Details

Closed on
Sep 27, 2006
Sold by
Amphlett James and Amphlett Virginia A
Bought by
Vaisvila Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
7.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 18, 2006
Sold by
Kuzina Yekaterina F
Bought by
Kuzin Aleksandr N

Purchase Details

Closed on
Oct 31, 2005
Sold by
Amphlett James and Amphlett Virginia Ann
Bought by
Amphlett James and Amphlett Virginia A
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
Kumar Karthik $2,700,000 Old Republic Title
Neighborhood Works Llc -- None Available
Our Backyard Llc -- Stewart Title Company
Cvi Lcf Mortgage Loan Trust I $537,000 None Available
Indymac Venture Llc $225,000 Fidelity Natio
Kuzin Aleksandr $530,000 Commonwealth L
Rv Property Investments Llc -- None Available
Vaisvila Richard -- None Available
Vaisvila Richard $810,000 Pacific Nw Tit
Vaisvila Richard -- Pacific Nw Tit
Kuzin Aleksandr N -- Commonwealth L
Amphlett James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Karthik $2,025,000
Previous Owner Neighborhood Works Llc $1,642,073
Previous Owner Kuzin Aleksandr $450,500
Previous Owner Vaisvila Richard $648,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $2,700,000 -5.3% $605 / Sq Ft
10/20/2023 10/20/23 Pending -- -- --
09/27/2023 09/27/23 Price Changed $2,850,000 -5.0% $638 / Sq Ft
08/23/2023 08/23/23 Price Changed $2,999,500 -4.8% $672 / Sq Ft
07/26/2023 07/26/23 Price Changed $3,150,000 -4.4% $705 / Sq Ft
06/28/2023 06/28/23 Price Changed $3,295,000 -2.4% $738 / Sq Ft
04/20/2023 04/20/23 For Sale $3,375,000 -- $756 / 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 $19,035 $2,906,000 $1,038,000 $1,868,000
2023 $19,158 $2,782,000 $980,000 $1,802,000
2022 $6,699 $2,290,000 $1,103,000 $1,187,000
2021 $6,936 $908,000 $908,000 $0
2020 $5,234 $865,000 $865,000 $0
2018 $5,101 $649,000 $649,000 $0
2017 $4,379 $587,000 $587,000 $0
2016 $4,070 $537,000 $537,000 $0
2015 $3,944 $486,000 $486,000 $0
2014 -- $450,000 $450,000 $0
2013 -- $469,000 $469,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2058542

Northwest Multiple Listing Service (NWMLS)

APN: 072405-9012