NOT LISTED FOR SALE

Estimated Value: $5,608,000 - $7,227,000

5 Beds
2 Baths
5,690 Sq Ft
$1,123/Sq Ft Est. Value

Last Sold April 11, 2017

Last sale price $4,100,000 $721 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $38,956/month

229 Days on Market

Highlights

  • Docks
  • Lake View
  • Contemporary Architecture
  • Northwood Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of April 2017

A 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

Larry Williams

Windermere Mercer Island License #74738 Listed on: 07/11/2016

Windermere Mercer Island

Last Buyer's Agent

Chavi Hohm

Coldwell Banker Bain License #102640

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM975062

Northwest Multiple Listing Service (NWMLS)

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,136

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Contemporary
  • Homebuilder: Hallstead
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Master Br, Wired For Generator, Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, High Tech Cabling, Security System, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator, Trash Compactor
  • Bedrooms: 5.00
  • Lower Level Bedroom: 4
  • Bathrooms: 4.00
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 2
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Basement: Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 5690
  • Square Footage Finished: 5690

Exterior Features

  • Exterior: Cement/Concrete, Stucco, Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake, Mountain
  • Waterfront: Lake, No Bank
  • Waterfront Frontage: 92+/-

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air, Heat Pump, Radiant
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of MI
  • Water Company: City of MI
  • Water Heater: Garage-(2) Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: North End
  • Project: LAKEHOLM ADD

Schools

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

Lot Info

  • Lot Number: 8
  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 13029
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 4131900040
  • Zoning Code: R9.6
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 28095

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%
Total Days on Market
229
Current Estimated Value
$6,388,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,288,333
Avg. Annual Appreciation
5.59%
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
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
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

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 $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

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM975062

Northwest Multiple Listing Service (NWMLS)

APN: 413190-0040