Listed by Dynasty Realty, Inc., Bought with RSVP Real Estate
$1,850,000
SOLD NOV 30, 2017
4 Beds
4 Baths
3,183 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$581 Per Sq Ft

19% Below List Price

133 Days on Market

Highlights

  • City View
  • Secluded Lot
  • Wood Flooring
  • West Mercer Elementary School Rated A
  • Traditional Architecture
  • 3 Fireplaces

About This Home

As of November 2017

Masterfully designed modern luxury home with unrivaled craftsmanship & attention to detail N of the Island. The grand marble entryway with a sweeping staircase and crystal chandeliers draws you into a voluminous layout made for entertaining. The great room with French doors to the rear patio is the focal point of the main level, accompanied by an elegant formal dining room with coffered ceilings, tremendous chef's kitchen. Walk dist. to Mercerdale Park and DT Mercer Island, quick access to I-90.

Last Agent to Sell the Property

Farid Mohajerjasbi

Dynasty Realty, Inc. License #648 Listed on: 06/19/2017

Last Buyer's Agent

Autumn Kim

RSVP Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1146302

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,506

Year Built

  • Built in 2017

Lot Details

  • Property is Fully Fenced
  • Secluded Lot
  • Level Lot
  • Sprinkler System

Parking

  • Attached Garage

Property Views

  • City
  • Territorial
  • Limited

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked
  • Stucco
  • Stone

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • 3 Fireplaces
  • Patio

Community Details

  • Mercerdale Community

Listing and Financial Details

  • Assessor Parcel Number 5458800650

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,506

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Traditional
  • New Construction: Completed
  • Homebuilder: Homes By Design
  • Building Information: Built On Lot
  • Entrance Level: Main
  • New Construction: Y
  • Year Built: 2017
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Disabled Access, Fireplace In Mstr Br, French Doors, High Tech Cabling, Loft, Skylights, 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
  • Approved Number of Bedrooms: 4
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 3.50
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 3
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 3
  • Fireplaces Main: 2
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3183
  • Square Footage Finished: 3183

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Cement Planked, Stone, Stucco
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: City, Partial, Territorial

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Forced Air, High Efficiency (Unspecified), Radiant, 90%+ High Efficiency
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 4
  • Sewer: Sewer Connected
  • Sewer Company: Mercer Island
  • Water Company: Mercer Island
  • Water Heater: Garage-75 Gal
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mercerdale

Schools

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

Lot Info

  • Lot Details: Curbs, Paved Street, Secluded
  • Lot Dimensions: 80x102
  • Lot Sq Ft: 8045
  • Lot Topography Vegetation: Level
  • Parcel Number: 5458800650
  • Zoning Code: Residential
  • Zoning Jurisdiction: City
  • Lot Topography: Level

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2017
Closed on
Nov 16, 2017
Sold by
Pkhd Llc
Bought by
Jang Cj Chang Tae and Kim Ahrum
Seller's Agent
Farid Mohajerjasbi
Dynasty Realty, Inc.
Buyer's Agent
Autumn Kim
RSVP Real Estate
List Price
$2,295,000
Sold Price
$1,850,000
Premium/Discount to List
-$445,000
-19.39%
Current Estimated Value
$3,016,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,166,278
Avg. Annual Appreciation
5.90%
Original Mortgage
$810,000
Outstanding Balance
$687,276
Interest Rate
3.88%
Estimated Equity
$2,178,557

Purchase Details

Listed on
Oct 16, 2015
Closed on
Nov 3, 2015
Sold by
Mcknight Michael J
Bought by
Pkhd Llc
Seller's Agent
Glen Sung
John L. Scott, Inc.
Buyer's Agent
Farid Mohajerjasbi
Dynasty Realty, Inc.
List Price
$599,000
Sold Price
$630,000
Premium/Discount to List
$31,000
5.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.27%

Purchase Details

Closed on
Mar 24, 2005
Sold by
Mcknight Michael J and Mcknight Sandra K
Bought by
Mcknight Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.62%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,850,000 Rainier Title Llc
Warranty Deed $630,000 Old Republic
Warranty Deed -- Commonwealth L
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $810,000 No Value Available
Previous Owner $150,000 Commercial
Previous Owner $577,000 Balloon
Previous Owner $392,000 Fannie Mae Freddie Mac
Previous Owner $94,500 Stand Alone Second
Previous Owner $368,000 No Value Available
Previous Owner $419,000 Unknown
Closed $92,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2017 11/30/17 Sold $1,850,000 0.0% $581 / Sq Ft
10/31/2017 10/31/17 Pending -- -- --
10/31/2017 10/31/17 Off Market $1,850,000 -- --
09/12/2017 09/12/17 Price Changed $2,149,000 -2.2% $675 / Sq Ft
07/24/2017 07/24/17 Price Changed $2,196,800 -4.3% $690 / Sq Ft
06/19/2017 06/19/17 For Sale $2,295,000 +264.3% $721 / Sq Ft
11/06/2015 11/06/15 Sold $630,000 +5.2% $516 / Sq Ft
10/27/2015 10/27/15 Pending -- -- --
10/23/2015 10/23/15 For Sale $599,000 0.0% $491 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
10/16/2015 10/16/15 For Sale $599,000 -- $491 / 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 $18,506 $2,825,000 $1,022,000 $1,803,000
2023 $18,622 $2,704,000 $965,000 $1,739,000
2022 $16,648 $3,024,000 $1,086,000 $1,938,000
2021 $16,358 $2,260,000 $894,000 $1,366,000
2020 $17,035 $2,043,000 $852,000 $1,191,000
2018 $17,406 $2,223,000 $627,000 $1,596,000
2017 $4,232 $2,006,000 $567,000 $1,439,000
2016 $4,857 $519,000 $519,000 $0
2015 $4,680 $580,000 $470,000 $110,000
2014 -- $534,000 $435,000 $99,000
2013 -- $487,000 $450,000 $37,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1146302

Northwest Multiple Listing Service (NWMLS)

APN: 545880-0650