NOT LISTED FOR SALE

Estimated Value: $2,015,000 - $3,291,000

4 Beds
2.5 Baths
3,500 Sq Ft
$773/Sq Ft Est. Value

Last Sold October 05, 2022

Last sale price $2,270,000 $649 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $15,794/month

39 Days on Market

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 2022

Time 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

Lisa Novak

Windermere Real Estate/East License #123051 Listed on: 07/26/2022

Windermere Real Estate/East

Co-Listed By

Britt Wibmer

Empirical Properties LLC License #20110848

Last Buyer's Agent

David Eastern

Windermere Real Estate/East License #27365

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1966703

Northwest Multiple Listing Service (NWMLS)

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,706

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1953
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 3500
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 898

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Private Spa: Yes
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Electric, Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Slate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Hardwood, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, French Doors, Hot Tub/Spa, Jetted Tub, Skylight(s)
  • Living Area: 3500
  • Main Level Bedrooms: 4
  • Bathrooms: 2.25
  • BathsFullMain: 1
  • FireplacesMain: 2
  • SquareFootageFinished: 3500
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot
  • View: Yes
  • Waterfront Features: Bank-Low, Lake
  • Waterfront: Yes
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: true
  • WaterfrontFootage: 30

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, Sewer Connected, Natural Gas Connected
  • HeatingCoolingType: Forced Air

Condo/Co-op/Association

  • Community Features: Community Waterfront/Pvt Beach
  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Mercer Island
  • High School: Mercer Isl High
  • Middle Or Junior School: Islander Mid

Lot Info

  • Parcel Number: 0824059029
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.68
  • Lot Size Sq Ft: 29621
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 15706

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

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%
Total Days on Market
39
Current Estimated Value
$2,706,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,664
Avg. Annual Appreciation
8.19%
Original Mortgage
$1,816,000
Outstanding Balance
$1,761,731
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$1,037,046

Purchase Details

Closed on
Aug 29, 1989
Sold by
Warren Sherrill Don
Bought by
Faith John R and Faith Lynne K
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 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

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 $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

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1966703

Northwest Multiple Listing Service (NWMLS)

APN: 082405-9029