NOT LISTED FOR SALE

Estimated Value: $1,669,000 - $2,393,811

4 Beds
1 Bath
2,460 Sq Ft
$842/Sq Ft Est. Value

Last Sold May 30, 2017

Last sale price $1,270,000 $516 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $12,700/month

8 Days on Market

Highlights

  • Lake View
  • Deck
  • 1 Fireplace
  • West Mercer Elementary School Rated A
  • Wood Flooring
  • 5-minute walk to Homestead Field

About This Home

As of May 2017

Very private North End home with 4 bedrooms, 3 baths, 2460 square feet located within walking distance of downtown Mercer Island shopping area. Huge Bonus/Rec room/4th BR addition with a full bath. Owners Suite has a large walk-in closet and built-ins, view of Lake and downtown MI. 2 additional bedrooms on the main floor share third bath. Updated kitchen, baths, windows, AC, hardwoods and a wrap around deck to enjoy the western exposure and views.

Last Listed By

Robert Potashnick

Ewing & Clark, Inc. License #1925 Listed on: 03/30/2017

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1097317

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,297

Year Built

  • Built in 1974

Lot Details

  • Partially Fenced Property

Parking

  • Attached Garage

Property Views

  • Lake
  • City

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Mercer Island Community

Listing and Financial Details

  • Assessor Parcel Number 4458400060

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,297

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 11 - 1 1/2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Disabled Access, French Doors, High Tech Cabling, Jetted Tub, Security System, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 2.75
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Living Room: Main
  • Recreation Room: Upper
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2480
  • Square Footage Finished: 2460

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: City, Lake

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air, Tankless Water Heater
  • Power Company: PSE
  • Sewer Company: City of MI
  • Water Company: City of MI
  • Water Heater: Off garage-Tankless
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mercer Island

Schools

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

Lot Info

  • Lot Sq Ft: 11875
  • Parcel Number: 4458400060
  • Zoning Jurisdiction: City

Tax Info

  • Tax Amount: 10041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2017
Closed on
May 18, 2017
Sold by
Baker Brian A
Bought by
Wei Qiang and Ji Pei
Seller's Agent
Robert Potashnick
Ewing & Clark, Inc.
Buyer's Agent
Sheri Li
COMPASS
List Price
$1,285,000
Sold Price
$1,270,000
Premium/Discount to List
-$15,000
-1.17%
Total Days on Market
8
Current Estimated Value
$2,070,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$800,953
Avg. Annual Appreciation
7.47%
Original Mortgage
$592,000
Outstanding Balance
$323,025
Interest Rate
3.34%
Mortgage Type
New Conventional
Estimated Equity
$1,934,938

Purchase Details

Closed on
Mar 13, 2017
Sold by
Baker Laruel C
Bought by
Baker Brian A

Purchase Details

Closed on
Sep 30, 2009
Sold by
Baker Brian
Bought by
Baker Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.02%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 6, 2006
Sold by
Baker Brian
Bought by
Baker Brian

Purchase Details

Closed on
Mar 20, 2003
Sold by
Gockel Robert J and Gockel Patricia T
Bought by
Baker Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,000
Interest Rate
5.82%

Purchase Details

Closed on
Feb 4, 2002
Sold by
Jf Revocable Living Trust
Bought by
Gockel Robert J and Gockel Patricia T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
7.15%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 21, 2000
Sold by
Fromm John
Bought by
Fromm John

Purchase Details

Closed on
Nov 24, 1997
Sold by
Fromm John R and Fromm Helen E
Bought by
Fromm John R

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
Wei Qiang $1,270,000 Fidelity Natio
Baker Brian A -- None Available
Baker Brian -- Fidelity Natio
Baker Brian -- None Available
Baker Brian $583,750 Lawyers Title
Gockel Robert J $429,000 Old Republic Title
Fromm John -- Chicago Title Insurance Co
Fromm John R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wei Qiang $592,000
Previous Owner Baker Brian $635,000
Previous Owner Baker Brian $220,000
Previous Owner Baker Brian $417,000
Previous Owner Baker Brian $467,000
Previous Owner Gockel Robert J $229,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2017 05/30/17 Sold $1,270,000 -1.2% $516 / Sq Ft
04/08/2017 04/08/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $1,285,000 -- $522 / 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 $13,297 $2,029,000 $1,189,000 $840,000
2023 $13,086 $1,906,000 $1,122,000 $784,000
2022 $11,747 $2,132,000 $1,263,000 $869,000
2021 $11,279 $1,594,000 $1,040,000 $554,000
2020 $11,849 $1,408,000 $991,000 $417,000
2018 $11,502 $1,468,000 $722,000 $746,000
2017 $10,041 $1,325,000 $653,000 $672,000
2016 $9,343 $1,233,000 $597,000 $636,000
2015 $9,007 $1,117,000 $541,000 $576,000
2014 -- $1,029,000 $500,000 $529,000
2013 -- $861,000 $501,000 $360,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1097317

Northwest Multiple Listing Service (NWMLS)

APN: 445840-0060