Listed by COMPASS, Bought with AgencyOne
NOT LISTED FOR SALE

Estimated Value: $3,123,000 - $3,483,000

5 Beds
4 Baths
3,198 Sq Ft
$1,028/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $2,601,000 $813 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $19,006/month

2 Days on Market

Highlights

  • New Construction
  • Mountain View
  • Property is near public transit
  • Northwood Elementary School Rated A
  • Contemporary Architecture
  • Engineered Wood Flooring

About This Home

As of September 2020

Luxurious new build by Nova Fine Homes. Idyllic floorpan flows from the 2-story entry to the expansive great room & gourmet kitchen. The covered patio & designer finishes throughout: Miele, Subzero, radiant flooring, posh lighting & more make this home an entertainer’s dream. Upper level includes luxe master suite & 2 additional beds, + legal ADU. Enjoy WFH with main floor den/guest suite & smart-home amenities. Private lot, fenced backyard, minutes to I-90, Mercer Island schools - Welcome home!

Last Agent to Sell the Property

Randi Weidner

COMPASS License #27327 Listed on: 07/22/2020

COMPASS

Last Buyer's Agent

Sherrie Chen

AgencyOne License #105650

AgencyOne

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1623103

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,235

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 8,000 Sq Ft Lot
  • Lot Dimensions are 80x100
  • Property is Fully Fenced
  • Sloped Lot
  • Sprinkler System
  • Property is in very good condition
  • Zoning described as R8.4

Parking

  • 2 Car Attached Garage

Property Views

  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 3,198 Sq Ft Home
  • 2-Story Property
  • Skylights
  • 1 Fireplace
  • Dining Room

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Northwood Elementary School
  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Water Heater
  • High Speed Internet

Additional Features

  • Patio
  • ADU includes 1 Bedroom and 1 Bathroom

Community Details

  • Built by Nova Fine Homes LLC
  • Mercerwood Subdivision
  • Electric Vehicle Charging Station

Listing and Financial Details

  • Legal Lot and Block 2 / H
  • Assessor Parcel Number 5456000010

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,235

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 12 - 2 Story
  • Year Built: 2020
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Building Name: Mercer Wood Add Plat
  • Unit Levels: Two
  • New Construction: Yes
  • CalculatedSquareFootage: 3198
  • SeniorExemption: false
  • EstimatedCompletionDate: 2020-07-19
  • NewConstruction: Completed
  • Special Features: 4098

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Double Oven, Dryer, Washer
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Engineered Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Bath Off Primary, Double Pane/Storm Window, Dining Room, Security System, Skylight(s), Water Heater
  • Living Area: 3198
  • Main Level Bedrooms: 1
  • Bathrooms: 3.75
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 3198
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 3
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Washer
  • ADUBaths: 1
  • ADUBeds: 1

Exterior Features

  • Roof: Composition, Flat
  • View: Mountain(s), Territorial
  • Lot Features: Curbs
  • View: Yes
  • Waterfront: No
  • Builder Name: Nova Fine Homes LLC
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Security System, Partially Fenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Natural Gas Available, Sewer Connected, Electricity Available, Natural Gas Connected
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Tankless

Schools

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

Lot Info

  • Parcel Number: 5456000010
  • Topography: PartialSlope
  • Lot Size Acres: 0.1837
  • Lot Size: 80x100
  • Lot Size Sq Ft: 8000
  • Zoning Description: R8.4
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Electric Car Charging,Fenced-Fully,Gas Available,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: County Records
  • MLSSquareFootageSource: Builder Plans
  • ZoningJurisdiction: City
  • LotNumber: 2

Green Features

  • Efficiency: High Efficiency - 90%+
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 5235

MLS Schools

  • Elementary School: Northwood Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2020
Closed on
Aug 25, 2020
Sold by
Chen Siting and Li Xiaoliu
Bought by
Shang
Seller's Agent
Randi Weidner
COMPASS
Buyer's Agent
Sherrie Chen
AgencyOne
List Price
$2,595,000
Sold Price
$2,601,000
Premium/Discount to List
$6,000
0.23%
Current Estimated Value
$3,288,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$687,007
Avg. Annual Appreciation
4.59%
Original Mortgage
$1,908,500
Outstanding Balance
$1,712,782
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,554,750

Purchase Details

Listed on
Jul 22, 2020
Closed on
Aug 3, 2020
Sold by
Nova Fine Homes Llc
Bought by
Chen Siting and Li Xiaoliu
Seller's Agent
Randi Weidner
COMPASS
Buyer's Agent
Sherrie Chen
AgencyOne
List Price
$2,595,000
Sold Price
$2,601,000
Premium/Discount to List
$6,000
0.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,908,500
Outstanding Balance
$1,712,782
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,554,750

Purchase Details

Closed on
Jan 16, 2019
Sold by
Chen Siting and Li Xiaoliu
Bought by
Nova Fine Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.7%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 15, 2017
Sold by
Liu Ling and Zhou Nick
Bought by
Zhou Nick

Purchase Details

Closed on
May 2, 2012
Sold by
Mi Development Llc
Bought by
Chen Siting and Li Xioalin

Purchase Details

Closed on
May 1, 2010
Sold by
Chen Siting and Li Xiaoliu
Bought by
Mi Development Llc

Purchase Details

Closed on
Sep 5, 2008
Sold by
Epting Mildred L
Bought by
Zhang Ming and Zhang Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2003
Sold by
Tang Salina Shau Ling and Wong Nai Yiu
Bought by
Epting Mildred L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,800
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 1991
Sold by
Bryan Darrell E and Bryan Cathleen P
Bought by
Tang Salina S L and Wong Nai Yiu
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Shang $2,601,000 Rainier Title
Chen Siting -- Rainier Title
Nova Fine Homes Llc -- Rainier Title
Zhou Nick -- Rainier Title Llc
Zhou Nick -- Rainier Title Llc
Chen Siting $557,400 Rainier Title Llc
Chen Siting -- None Available
Mi Development Llc -- None Available
Zhang Ming $565,000 Chicago Title
Epting Mildred L $431,500 Lawyers Title
Tang Salina S L $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shang $1,908,500
Previous Owner Nova Fine Homes Llc $900,000
Previous Owner Zhang Ming $417,000
Previous Owner Epting Mildred L $344,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2020 09/01/20 Sold $2,601,000 +0.2% $813 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $2,595,000 -- $811 / 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 $18,885 $2,883,000 $993,000 $1,890,000
2023 $18,649 $2,708,000 $937,000 $1,771,000
2022 $18,208 $3,307,000 $1,055,000 $2,252,000
2021 $17,478 $2,472,000 $869,000 $1,603,000
2020 $5,235 $2,183,000 $828,000 $1,355,000
2018 $6,516 $831,000 $649,000 $182,000
2017 $5,503 $750,000 $587,000 $163,000
2016 $5,125 $675,000 $537,000 $138,000
2015 $4,943 $612,000 $486,000 $126,000
2014 -- $564,000 $450,000 $114,000
2013 -- $501,000 $462,000 $39,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1623103

Northwest Multiple Listing Service (NWMLS)

APN: 545600-0010