Seller's Agent in 2022
Lisa Novak
Windermere Corporate
(206) 427-8503
2 in this area
69 Total Sales
Listed by Windermere Real Estate/East, Bought with Windermere Real Estate/East
3826 E Mercer Way Mercer Island, WA 98040
Fruitland - El Dorado NeighborhoodEstimated Value: $2,385,000 - $3,171,000
4
Beds
2.5
Baths
3,500
Sq Ft
$817/Sq Ft
Est. Value
Highlights
- Low Bank Waterfront Property
- 0.68 Acre Lot
- Property is near public transit
- Northwood Elementary School Rated A
- Fruit Trees
- 3-minute walk to Mercer Island Boat Launch
About This Home
As of October 2022Time to enjoy summer on the lake with this close-in rambler with 30' of deeded waterfront, dock + slip w/ lift and 130' of community beach! Sited on over a double lot w/privacy landscaping, this home is the perfect backdrop for entertaining on the lake, lakeside & at home! Great floor plan w/ primary bedroom wing w/ private patio & hot tub. Updated kitchen is the centerpiece of the great room w/ french doors opening to the quiet hedge & trellis-enclosed patio. The possibilities are endless for the huge grassy area & cedar-chip zone; think slip-and-slides, play structures & all types of ball practice. Two fireplaces, garage parking+abundant off-street parking. Close to JCC, French American School & 90 w/ easy access to Bellevue & Seattle.
Last Agent to Sell the Property
Windermere Real Estate/East License #123051 Listed on: 07/26/2022
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1966703
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,706
Year Built
- Built in 1953
Lot Details
- 0.68 Acre Lot
- Low Bank Waterfront Property
- 30 Feet of Waterfront
- Lake Front
- Corner Lot
- Level Lot
- Fruit Trees
- Garden
Parking
- 2 Car Attached Garage
Home Design
- Brick Exterior Construction
- Poured Concrete
- Composition Roof
Interior Spaces
- 3,500 Sq Ft Home
- 1-Story Property
- Skylights
- 2 Fireplaces
- Electric Fireplace
- Gas Fireplace
- French Doors
- Territorial Views
- Storm Windows
Kitchen
- Oven or Range
- Stove
- Microwave
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
- Slate Flooring
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Hydromassage or Jetted Bathtub
- Spa Bath
Laundry
- Dryer
- Washer
Schools
- Islander Mid Middle School
- Mercer Isl High School
Additional Features
- Property is near public transit
- Cable TV Available
Community Details
- No Home Owners Association
- Mercer Island Subdivision
Listing and Financial Details
- Assessor Parcel Number 0824059029
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 26, 2022
Closed on
Sep 28, 2022
Sold by
Faith John R and Faith Lynne K
Bought by
Zhang Blake
Seller's Agent
Lisa Novak
Windermere Real Estate/East
Buyer's Agent
David Eastern
Windermere Real Estate/East
List Price
$2,800,000
Sold Price
$2,270,000
Premium/Discount to List
-$530,000
-18.93%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$498,056
Avg. Annual Appreciation
6.14%
Original Mortgage
$1,816,000
Outstanding Balance
$1,752,789
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$934,514
Purchase Details
Closed on
Aug 29, 1989
Sold by
Warren Sherrill Don
Bought by
Faith John R and Faith Lynne K
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zhang Blake | $2,270,000 | Chicago Title | |
| Faith John R | $315,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zhang Blake | $1,816,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/05/2022 10/05/22 | Sold | $2,270,000 | -1.3% | $649 / Sq Ft |
| 09/03/2022 09/03/22 | Pending | -- | -- | -- |
| 09/02/2022 09/02/22 | Price Changed | $2,300,000 | -11.5% | $657 / Sq Ft |
| 08/13/2022 08/13/22 | Price Changed | $2,600,000 | -7.1% | $743 / Sq Ft |
| 07/26/2022 07/26/22 | For Sale | $2,800,000 | -- | $800 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $17,158 | $2,619,000 | $1,558,000 | $1,061,000 |
| 2023 | $17,205 | $2,507,000 | $1,470,000 | $1,037,000 |
| 2022 | $15,706 | $2,804,000 | $1,654,000 | $1,150,000 |
| 2021 | $15,431 | $2,132,000 | $1,362,000 | $770,000 |
| 2020 | $16,909 | $1,927,000 | $1,298,000 | $629,000 |
| 2018 | $18,412 | $2,198,000 | $1,311,000 | $887,000 |
| 2017 | $15,548 | $2,122,000 | $1,261,000 | $861,000 |
| 2016 | $14,463 | $1,910,000 | $1,153,000 | $757,000 |
| 2015 | $13,937 | $1,730,000 | $1,044,000 | $686,000 |
| 2014 | -- | $1,593,000 | $965,000 | $628,000 |
| 2013 | -- | $1,132,000 | $771,000 | $361,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2022
Britt Wibmer
Empirical Properties LLC
(206) 683-1737
2 in this area
57 Total Sales
-
Buyer's Agent in 2022
David Eastern
Windermere Corporate
(425) 941-1199
1 in this area
204 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1966703
APN: 082405-9029
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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Based on information submitted to the MLS GRID
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