NOT LISTED FOR SALE

Estimated Value: $3,493,419 - $3,699,000

5 Beds
1 Bath
3,639 Sq Ft
$996/Sq Ft Est. Value

Last Sold February 01, 2019

Last sale price $2,450,000 $673 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $22,017/month

Highlights

  • Deck
  • Territorial View
  • 1 Fireplace
  • Northwood Elementary School Rated A
  • Wood Flooring
  • Double Oven

About This Home

As of February 2019

Still time to pick your finishes…Stunning Mercer Island home meticulously crafted by award winning builder, American Classic Homes. This extraordinary residence is conveniently located on the North end of Mercer Island including 3,639 square feet and situated on a private, level 9,600 square foot lot. This striking home boasts a modern, open floor plan with 5 bedrooms, 3.75 bathrooms, main floor guest room, 2 story great room, 3 car garage and sizable covered back porch. Completion Winter 2018.

Last Agent to Sell the Property

David Eastern

Windermere Real Estate/East License #27365 Listed on: 07/03/2018

Windermere Real Estate/East

Last Buyer's Agent

Loren Ellingson

Redfin License #79682

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1313509

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,809

Year Built

  • Built in 2018

Lot Details

  • Level Lot
  • Sprinkler System

Parking

  • Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Territorial Views

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • North End Community

Listing and Financial Details

  • Assessor Parcel Number 5021900115

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,809

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • New Construction: Under Construction
  • Homebuilder: American Classic Homes
  • Building Information: Built On Lot
  • Entrance Level: Main
  • New Construction: Y
  • Year Built: 2018
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 5.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 3.75
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Dining Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3639
  • Square Footage Finished: 3639

Exterior Features

  • Exterior: Cement Planked
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Forced Air, 90%+ High Efficiency, Tankless Water Heater
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: Mercer Island
  • Water Company: Mercer Island
  • Water Heater: Garage-Tankless
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: North End
  • Project: New Construction

Schools

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

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 9600
  • Lot Topography Vegetation: Level
  • Parcel Number: 5021900115
  • Zoning Jurisdiction: City
  • Lot Topography: Level

Tax Info

  • Tax Amount: 6568

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2018
Closed on
Jan 17, 2019
Sold by
Hca Builders Llc
Bought by
Shilpa Yavagal Deepak Suresh and Shilpa Allimatti
Seller's Agent
David Eastern
Windermere Real Estate/East
Buyer's Agent
Loren Ellingson
Redfin
List Price
$2,588,000
Sold Price
$2,450,000
Premium/Discount to List
-$138,000
-5.33%
Total Days on Market
0
Current Estimated Value
$3,623,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,173,605
Avg. Annual Appreciation
7.45%
Original Mortgage
$19,600,000
Outstanding Balance
$17,469,689
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
-$13,608,650

Purchase Details

Closed on
Mar 6, 2018
Sold by
Materi Francis D and Materi Susan A
Bought by
Hca Builders L Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,100,000
Interest Rate
4.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 27, 1986
Sold by
Bruinsma D Ruth
Bought by
Materi Francis D and Materi Susan 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
Shilpa Yavagal Deepak Suresh $2,450,000 First American Title
Hca Builders L Lc $950,000 First American Title Insuran
Materi Francis D $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yavagal Deepak Suresh $1,907,000
Closed Shilpa Yavagal Deepak Suresh $1,960,000
Open Shilpa Yavagal Deepak Suresh $19,600,000
Previous Owner Hca Builders Llc $1,053,800
Previous Owner Hca Builders Llc $5,100,000
Previous Owner Materi Susan $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2019 02/01/19 Sold $2,450,000 -5.3% $673 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
07/03/2018 07/03/18 For Sale $2,588,000 -- $711 / 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 $20,809 $3,177,000 $1,118,000 $2,059,000
2023 $20,548 $2,984,000 $1,055,000 $1,929,000
2022 $18,377 $3,338,000 $1,187,000 $2,151,000
2021 $17,638 $2,495,000 $977,000 $1,518,000
2020 $17,714 $2,203,000 $931,000 $1,272,000
2018 $6,568 $1,188,000 $722,000 $466,000
2017 $5,552 $756,000 $653,000 $103,000
2016 $5,166 $681,000 $597,000 $84,000
2015 $4,978 $617,000 $541,000 $76,000
2014 -- $568,000 $500,000 $68,000
2013 -- $501,000 $462,000 $39,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1313509

Northwest Multiple Listing Service (NWMLS)

APN: 502190-0115