NOT LISTED FOR SALE

Estimated Value: $5,083,000 - $8,070,141

5 Beds
5 Baths
6,350 Sq Ft
$1,036/Sq Ft Est. Value

Last Sold May 23, 2016

Last sale price $7,500,000 $1,181 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $41,750/month

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Lake View
  • West Mercer Elementary School Rated A
  • Spa
  • Fruit Trees

About This Home

As of May 2016

Two extraordinary, side by side buildable waterfront lots spanning a remarkable 204 feet of low bank magnificence and privacy. West facing Gold Coast, exceptional dock, full sport court and expansive, rich arbored yard in full action at waters edge. Add the romance of a Pergola ~ dialogues of soft music, wine, cheese and cookout center to fire the passion of the moment….or sunset dinner. Superb entertaining venue. Minutes to both downtown Seattle and Bellevue. A treasure ~ enviable ~ brilliant.

Last Listed By

Wendy Lister

Coldwell Banker Bain Listed on: 03/30/2016

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM915683

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,468

Year Built

  • Built in 1989

Lot Details

  • Low Bank Waterfront Property
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Garden
  • Property is zoned R15

Parking

  • Attached Garage

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Poured Concrete
  • Tile Roof
  • Stucco

Interior Spaces

  • 3 Fireplaces

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Bulkhead
  • Docks
  • Deck
  • Patio
  • Gazebo

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Mercer Island Community

Listing and Financial Details

  • Assessor Parcel Number 2602700050

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,468

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Homebuilder: Toth
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Wine Cellar, Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, High Tech Cabling, Hot Tub/Spa, Security System, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Bedrooms: 5.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 5.00
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 4
  • Total Half Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 2
  • Master Bedroom: Upper
  • Fireplaces: 3
  • Fireplaces Main: 2
  • Den or Office: Upper
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 6350
  • Square Footage Finished: 6350

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Stucco
  • Foundation: Poured Concrete
  • Roof: Tile
  • View: City, Lake, Mountain
  • Waterfront: Bank-Low, Bulkhead, Lake
  • Waterfront Frontage: 204...2 lots

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Hot Water Recirc Pump
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: 1 garage, 2 crawlspace, 1-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mercer Island

Schools

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

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 33661
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level, Partial Slope, Terraces
  • Parcel Number: 2602700050
  • Zoning Code: R15
  • Zoning Jurisdiction: City
  • Lot Topography: Fruit Trees, Garden Space, Level, Partial Slope, Terraces

Tax Info

  • Tax Amount: 57266

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2016
Closed on
May 19, 2016
Sold by
Angel Robert S
Bought by
Yan Hang and Hu Yifei
Seller's Agent
Wendy Lister
Coldwell Banker Bain
Buyer's Agent
Gary Lu
John L. Scott, Inc.
List Price
$8,188,660
Sold Price
$7,500,000
Premium/Discount to List
-$688,660
-8.41%
Total Days on Market
0
Current Estimated Value
$6,576,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$923,429

Purchase Details

Closed on
Oct 10, 2002
Sold by
Angel Renee D
Bought by
Angel Robert S

Purchase Details

Closed on
Sep 2, 1988
Sold by
Burtenshaw Isobel E
Bought by
Angel Robert S

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
Yan Hang $7,500,000 Chicago Title
Angel Robert S -- --
Angel Robert S $960,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yan Hang $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2016 05/23/16 Sold $7,500,000 -8.4% $1,181 / Sq Ft
03/31/2016 03/31/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $8,188,660 -- $1,290 / 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 $63,468 $9,696,000 $5,464,000 $4,232,000
2023 $62,431 $9,106,000 $5,155,000 $3,951,000
2022 $56,024 $10,183,000 $5,799,000 $4,384,000
2021 $53,768 $7,611,000 $4,773,000 $2,838,000
2020 $45,736 $6,720,000 $4,546,000 $2,174,000
2018 $47,460 $5,669,000 $3,774,000 $1,895,000
2017 $41,421 $5,472,000 $3,629,000 $1,843,000
2016 $38,528 $5,091,000 $3,318,000 $1,773,000
2015 $37,119 $4,611,000 $3,003,000 $1,608,000
2014 -- $4,245,000 $2,776,000 $1,469,000
2013 -- $3,765,000 $2,860,000 $905,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM915683

Northwest Multiple Listing Service (NWMLS)

APN: 260270-0050