NOT LISTED FOR SALE

Estimated Value: $2,578,000 - $9,225,432

3 Beds
2 Baths
3,020 Sq Ft
$2,292/Sq Ft Est. Value

Last Sold April 03, 2015

Last sale price $2,600,000 $861 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $42,390/month

174 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Fruit Trees
  • West Mercer Elementary School Rated A
  • Lake View
  • Deck

About This Home

As of April 2015

Welcome to this Westside waterfront home. Unobstructed panoramic lake, mountain, city and bridge views. 90 feet of waterfront access, including amazing decks, gazebo, dock, jet ski lift and garden beds. This 1973 home was designed ahead of it's time for ease of living today. 3 bedrooms upstairs with main floor kitchen, family room and dining room. Lower level is finished 1100 sq ft space to make use of it however you choose. Bring your updates and make this home shine again.

Last Agent to Sell the Property

Gloria Wolfe

John L. Scott, Inc. License #81097 Listed on: 09/12/2014

John L. Scott, Inc.

Last Buyer's Agent

ShopProp Realty

ShopProp Inc. License #18615

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM692544

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,864

Year Built

  • Built in 1973

Lot Details

  • Low Bank Waterfront Property
  • Street terminates at a dead end
  • Level Lot
  • Fruit Trees
  • Garden

Parking

  • Attached Carport

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Poured Concrete
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2 Bathrooms
  • 1 Fireplace
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Outdoor Features

  • Bulkhead
  • Docks
  • Deck
  • Gazebo

Utilities

  • Cable TV Available

Community Details

  • Westside Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 3623500408

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,864

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 15 - Multi Level
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dining Room, Loft, Security System, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Laminate
  • Appliances That Stay: Dishwasher, Double Oven, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Bathrooms: 3.00
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Half Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3020
  • Square Footage Finished: 3020

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Metal
  • View: City, Lake, Mountain
  • Waterfront: Bank-Low, Bulkhead
  • Waterfront Frontage: 90

Garage/Parking

  • Parking Type: Carport-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Forced Air, Heat Pump
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Sewer Connected
  • Sewer Company: City of mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: basement-gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Westside
  • Project: Island Park Replat
  • Community Features: Ccrs

Schools

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

Lot Info

  • Lot Number: 7, 8, 9
  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 16015
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level
  • Parcel Number: 3623500408
  • Zoning Jurisdiction: City
  • Lot Topography: Fruit Trees, Garden Space, Level

Tax Info

  • Tax Amount: 18865

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2014
Closed on
Mar 30, 2015
Sold by
Federman Vera and Federman Murray
Bought by
Singh Navpreet and Singh Shireen
Seller's Agent
Gloria Wolfe
John L. Scott, Inc.
Buyer's Agent
ShopProp Realty
ShopProp Inc.
List Price
$3,100,000
Sold Price
$2,600,000
Premium/Discount to List
-$500,000
-16.13%
Current Estimated Value
$6,923,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,323,144
Avg. Annual Appreciation
10.76%

Purchase Details

Closed on
Sep 8, 1987
Sold by
Federman Vera
Bought by
Wendl Judi_$C
Source: Public Records

Range of Values:

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Average Value
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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
Singh Navpreet $2,600,000 Fidelity Natio
Wendl Judi_$C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Navpreet $975,155
Closed Singh Navpreet $500,000
Closed Singh Navpreet $977,000
Closed Singh Navpreet $500,000
Closed Singh Navpreet $1,000,000
Closed Singh Navpreet $500,000
Previous Owner Federman Vera $938,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2015 04/03/15 Sold $2,600,000 -3.5% $861 / Sq Ft
03/06/2015 03/06/15 Pending -- -- --
03/03/2015 03/03/15 Price Changed $2,695,000 -3.8% $892 / Sq Ft
01/08/2015 01/08/15 Price Changed $2,800,000 -5.1% $927 / Sq Ft
10/08/2014 10/08/14 Price Changed $2,950,000 -4.8% $977 / Sq Ft
09/12/2014 09/12/14 For Sale $3,100,000 -- $1,026 / 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 $49,864 $7,617,000 $3,581,000 $4,036,000
2023 $57,423 $7,153,000 $3,379,000 $3,774,000
2022 $56,974 $9,366,000 $3,801,000 $5,565,000
2021 $54,680 $7,000,000 $3,129,000 $3,871,000
2020 $60,962 $6,834,000 $2,980,000 $3,854,000
2018 $38,988 $7,557,000 $2,782,000 $4,775,000
2017 $20,322 $4,495,000 $2,675,000 $1,820,000
2016 $20,653 $2,497,000 $2,446,000 $51,000
2015 $19,899 $2,471,000 $2,214,000 $257,000
2014 -- $2,275,000 $2,047,000 $228,000
2013 -- $2,065,000 $2,018,000 $47,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM692544

Northwest Multiple Listing Service (NWMLS)

APN: 362350-0408