Seller's Agent in 2017
Larry Williams
Windermere Corporate
(425) 445-9870
12 Total Sales
4060 E Mercer Way Mercer Island, WA 98040
East Mercer NeighborhoodEstimated Value: $5,967,000 - $8,017,000
5
Beds
2
Baths
5,690
Sq Ft
$1,197/Sq Ft
Est. Value
Highlights
- Docks
- Lake View
- Contemporary Architecture
- Northwood Elementary School Rated A
- Deck
- Wood Flooring
About This Home
As of April 2017A resort to call home. Stuart Silk does contemporary! NW style 5BR/5BA 5600sf home marked by clean lines, fabulous materials, and a keen focus on light. Abundant clear fir millwork, walls of windows, rich detail. Over 90’ of meandering Lake Washington shoreline on Mercer Island’s North end. Private dock. Charming water’s edge gazebo off level lawn. Immense parking court. Wonderfully private setting. Lakeside living at its finest!
Last Agent to Sell the Property
Windermere Mercer Island License #74738 Listed on: 07/11/2016
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM975062
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $37,136
Year Built
- Built in 1999
Lot Details
- Street terminates at a dead end
- Partially Fenced Property
- Level Lot
- Sprinkler System
- Garden
- Property is zoned R9.6
Parking
- Attached Garage
Property Views
- Lake
- Mountain
Home Design
- Contemporary Architecture
- Poured Concrete
- Composition Roof
- Wood Siding
- Stucco
Interior Spaces
- 2 Bathrooms
- 2 Fireplaces
- Finished Basement
Kitchen
- Oven or Range
- Dishwasher
- Trash Compactor
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
Outdoor Features
- Docks
- Deck
- Patio
- Gazebo
- Outbuilding
Utilities
- High Speed Internet
- Cable TV Available
Community Details
- North End Community
Listing and Financial Details
- Assessor Parcel Number 4131900040
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2016
Closed on
Mar 29, 2017
Sold by
Riggins Stephen C and Yamamoto Sheryl A
Bought by
Schultink Erik G and Morris Laura A
Seller's Agent
Larry Williams
Windermere Mercer Island
Buyer's Agent
Chavi Hohm
Coldwell Banker Bain
List Price
$4,500,000
Sold Price
$4,100,000
Premium/Discount to List
-$400,000
-8.89%
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
$2,318,773
Avg. Annual Appreciation
5.78%
Original Mortgage
$2,460,000
Interest Rate
2.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 29, 2002
Sold by
Wilson Craig R and Wilson Susan M
Bought by
Riggins Stephen C and Yamamoto Sheryl A
Purchase Details
Closed on
Nov 28, 1989
Sold by
Wade Fred N and Wade Gail M
Bought by
Wilson Craig R and Wilson Susan M
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 |
|---|---|---|---|
| Schultink Erik G | $4,100,000 | Chicago Title | |
| Riggins Stephen C | $2,600,000 | Transnation Title Insurance | |
| Wilson Craig R | $640,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schultink Erik G | $2,490,300 | |
| Closed | Schultink Erik G | $2,478,000 | |
| Closed | Schultink Erik G | $2,460,000 | |
| Previous Owner | Riggins Stephen | $500,000 | |
| Previous Owner | Riggins Stephen C | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/11/2017 04/11/17 | Sold | $4,100,000 | -5.7% | $721 / Sq Ft |
| 02/26/2017 02/26/17 | Pending | -- | -- | -- |
| 09/24/2016 09/24/16 | Price Changed | $4,350,000 | -3.3% | $764 / Sq Ft |
| 07/11/2016 07/11/16 | For Sale | $4,500,000 | -- | $791 / 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 | $37,136 | $5,672,000 | $3,064,000 | $2,608,000 |
| 2023 | $36,668 | $5,327,000 | $2,891,000 | $2,436,000 |
| 2022 | $32,778 | $5,957,000 | $3,252,000 | $2,705,000 |
| 2021 | $31,460 | $4,452,000 | $2,677,000 | $1,775,000 |
| 2020 | $32,862 | $3,931,000 | $2,550,000 | $1,381,000 |
| 2018 | $35,771 | $4,273,000 | $2,282,000 | $1,991,000 |
| 2017 | $30,205 | $4,124,000 | $2,195,000 | $1,929,000 |
| 2016 | $28,095 | $3,712,000 | $2,007,000 | $1,705,000 |
| 2015 | $27,067 | $3,362,000 | $1,817,000 | $1,545,000 |
| 2014 | -- | $3,095,000 | $1,680,000 | $1,415,000 |
| 2013 | -- | $2,727,000 | $1,612,000 | $1,115,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2017
Chavi Hohm
Coldwell Banker Bain
(206) 271-0264
1 in this area
4 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM975062
APN: 413190-0040
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Based on information submitted to the MLS GRID
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