$3,650,000
SOLD APR 23, 2020
4 Beds
1 Bath
3,100 Sq Ft
0.83 Acres

Recently Sold

$1,177 Per Sq Ft

1% Above List Price

7 Days on Market

Highlights

  • Boathouse
  • Low Bank Waterfront Property
  • RV Access or Parking
  • Northwood Elementary School Rated A
  • Docks
  • Lake View

About This Home

As of March 2024

One of the last original waterfrnt estates on Mercer Island! 80 feet of absolutely prime low bank beachfrnt situated on .83 acres on the coveted north-end. Sweeping views, stunning sunrises, a lush rolling lawn & a smooth sandy beach. This landmark 1908 bungalow is charming, clean & perfectly livable. The possibilities are endless – move in as is, update the existing, or dream bigger & create your own vision of a signature property complete w/ a guest house and all! Survey available upon request

Last Agent to Sell the Property

Joan Bayley

Windermere Real Estate/East License #38768 Listed on: 02/21/2020

Windermere Real Estate/East

Last Buyer's Agent

Daniel Marinello

COMPASS License #115147

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1565499

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,057

Year Built

  • Built in 1908

Lot Details

  • Low Bank Waterfront Property
  • Street terminates at a dead end
  • Sloped Lot
  • Sprinkler System
  • Garden

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Lake Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Boathouse
  • Docks
  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • North End Community

Listing and Financial Details

  • Assessor Parcel Number 4131900005

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,057

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Traditional
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dining Room, Fireplace In Mstr Br
  • Floor Covering: Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3100
  • Square Footage Finished: 3100
  • Square Footage Unfinished: 450

Exterior Features

  • Exterior: Wood
  • Foundation: Post And Pillar, Poured Concrete, Slab
  • Roof: Composition
  • View: Lake
  • Waterfront: Bank-Low
  • Waterfront Frontage: 80

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: Storage-Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: North End
  • Project: Lakeholm Addition

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 36166
  • Lot Topography Vegetation: Garden Space, Partial Slope
  • Parcel Number: 4131900005
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Partial Slope

Tax Info

  • Tax Amount: 21887

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Mar 5, 2024
Sold by
Mounger Mitchell L and Mounger Wendy
Bought by
Jason Brothers Inc
Seller's Agent
Scott Richards
Windermere Real Estate/East
Buyer's Agent
Charlie Du
MY REALTY GROUP LLC
List Price
$5,499,988
Sold Price
$4,500,000
Premium/Discount to List
-$999,988
-18.18%
Views
242
Current Estimated Value
$4,718,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,934
Avg. Annual Appreciation
3.64%

Purchase Details

Listed on
Feb 21, 2020
Closed on
Apr 14, 2020
Sold by
Hall Mark Allen
Bought by
Mounger Mitchell L and Mounger Wendy
Seller's Agent
Joan Bayley
Windermere Real Estate/East
Buyer's Agent
Daniel Marinello
COMPASS
List Price
$3,600,000
Sold Price
$3,650,000
Premium/Discount to List
$50,000
1.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%
Original Mortgage
$3,000,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2018
Sold by
Hall Dowd Susan Lee
Bought by
Hall Horace M

Purchase Details

Closed on
Dec 11, 1996
Sold by
Hall Mary Ann
Bought by
Hall Mary Ann and Mary Ann Hall Personal Residence Trust
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 $4,500,000 Chicago Title
Warranty Deed $3,650,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $990,000 New Conventional
Previous Owner $3,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2024 03/06/24 Sold $4,500,000 -18.2% $1,452 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
09/08/2023 09/08/23 For Sale $5,499,988 +50.7% $1,774 / Sq Ft
04/23/2020 04/23/20 Sold $3,650,000 +1.4% $1,177 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $3,600,000 -- $1,161 / 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 $26,057 $3,979,000 $3,217,000 $762,000
2023 $25,729 $3,737,000 $3,035,000 $702,000
2022 $23,006 $4,180,000 $3,414,000 $766,000
2021 $22,086 $3,124,000 $2,810,000 $314,000
2020 $24,858 $2,759,000 $2,677,000 $82,000
2018 $27,708 $3,309,000 $3,198,000 $111,000
2017 $23,397 $3,194,000 $3,075,000 $119,000
2016 $21,764 $2,875,000 $2,811,000 $64,000
2015 $20,965 $2,604,000 $2,544,000 $60,000
2014 -- $2,397,000 $2,352,000 $45,000
2013 -- $2,321,000 $2,252,000 $69,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1565499

Northwest Multiple Listing Service (NWMLS)

APN: 413190-0005