Listed by John L. Scott, Inc., Bought with Dynasty Realty, Inc.
$630,000
SOLD NOV 6, 2015
3 Beds
2 Baths
1,220 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$516 Per Sq Ft

5% Above List Price

10 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Attached Garage
  • West Mercer Elementary School Rated A
  • 1 Fireplace
  • Partially Fenced Property

About This Home

As of November 2017

Great opportunity to own this mid-century rambler on a large leveled lot. This beautiful home is waiting for your creative vision and design to make it shine. Conveniently located near I-90 with walking distance to Mercerdale Park and downtown Mercer Island shopping & dining.

Last Agent to Sell the Property

Glen Sung

John L. Scott, Inc. License #26296 Listed on: 10/16/2015

John L. Scott, Inc.

Last Buyer's Agent

Farid Mohajerjasbi

Dynasty Realty, Inc. License #648

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM859696

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,506

Year Built

  • Built in 1958

Lot Details

  • Partially Fenced Property
  • Level Lot

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Oven or Range

Flooring

  • Wood
  • Vinyl

Laundry

  • Dryer
  • Washer

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 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Traditional
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Hardwood, Vinyl
  • Appliances That Stay: Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 1.50
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1220
  • Square Footage Finished: 1220

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Cedar Shake

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: Mercer Island
  • Water Company: Mercer Island
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mercerdale

Schools

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

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 8045
  • Lot Topography Vegetation: Level, Sloped
  • Parcel Number: 5458800650
  • Zoning Jurisdiction: City
  • Lot Topography: Level, Sloped

Tax Info

  • Tax Amount: 4680

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

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 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: NWM859696

Northwest Multiple Listing Service (NWMLS)

APN: 545880-0650