NOT LISTED FOR SALE

Estimated Value: $1,327,000 - $1,609,000

2 Beds
1 Bath
1,430 Sq Ft
$1,009/Sq Ft Est. Value

Last Sold December 16, 2019

Last sale price $875,000 $612 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $8,650/month

7 Days on Market

Highlights

  • Lake View
  • Wood Flooring
  • Attached Carport
  • West Mercer Elementary School Rated A
  • 1 Fireplace
  • 4-minute walk to Franklin Landing

About This Home

As of December 2019

POTENTIAL...Opportunity Knocks!!! Fantastic western-facing north end location close to I-90 and downtown Seattle. This light & bright home has both privacy and peek-a-boo views of Lake Washington and the City. Charming single-story open-plan house built in 1953. 2 large bedrooms with a den (or 3rd bedroom), laundry room, & a large BONUS room. Hardwoods floors throughout. Perfect for downsizes or first-time buyers. This is the best condo alternative on Mercer Island. Buyer to verify

Last Listed By

Robert Potashnick

Ewing & Clark, Inc. License #1925 Listed on: 11/16/2019

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1542081

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,800

Year Built

  • Built in 1953

Lot Details

  • 8,712

Parking

  • Attached Carport

Property Views

  • Lake
  • City
  • Mountain
  • Territorial

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Additional Features

  • 1 Fireplace
  • Partially Fenced Property

Community Details

  • Westside Community

Listing and Financial Details

  • Assessor Parcel Number 2837100060

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,800

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Senior Exemption: Y
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw, Dining Room, Vaulted Ceilings
  • Floor Covering: Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Bathrooms Main: Main
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1430
  • Square Footage Finished: 1430

Exterior Features

  • Exterior: Brick, Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: City, Lake, Mountain, Territorial

Garage/Parking

  • Parking Type: Carport-Attached
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Westside

Schools

  • Elementary School: West Mercer Elem
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Sq Ft: 8532
  • Parcel Number: 2837100060
  • Zoning Jurisdiction: City

Tax Info

  • Tax Amount: 479

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2019
Closed on
Dec 10, 2019
Sold by
Hovik Musgrove Myrtle L and Hovik Musgrove Rlt Myrtle L
Bought by
Froukh Hassan and Slassi Rachael
Seller's Agent
Robert Potashnick
Ewing & Clark, Inc.
Buyer's Agent
Catherine Lord
Windermere R.E. Northeast, Inc
List Price
$799,000
Sold Price
$875,000
Premium/Discount to List
$76,000
9.51%
Total Days on Market
7
Current Estimated Value
$1,442,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$567,992
Original Mortgage
$700,000
Outstanding Balance
$633,829
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2014
Sold by
Hovik Musgrove Myrtle L
Bought by
The Mytle L Hovik Musgrove Revocable Liv and Hovik Musgrove Myrtle L

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
Froukh Hassan $875,000 Fidelity National Title
The Mytle L Hovik Musgrove Revocable Liv -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Froukh Hassan $700,000
Closed Hovik Musgrove Myrtle L $42,472
Previous Owner Musgrove Myrtle L H $100,000
Previous Owner Hovik Musgrove Myrtle L $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2019 12/16/19 Sold $875,000 +9.5% $612 / Sq Ft
11/23/2019 11/23/19 Pending -- -- --
11/16/2019 11/16/19 For Sale $799,000 -- $559 / 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 $7,800 $1,189,000 $969,000 $220,000
2023 $7,821 $1,138,000 $915,000 $223,000
2022 $7,023 $1,273,000 $1,030,000 $243,000
2021 $7,040 $952,000 $848,000 $104,000
2020 $5,811 $878,000 $808,000 $70,000
2018 $530 $244,800 $160,000 $84,800
2017 $565 $649,000 $587,000 $62,000
2016 $1,023 $604,000 $537,000 $67,000
2015 $1,050 $547,000 $486,000 $61,000
2014 -- $504,000 $450,000 $54,000
2013 -- $515,000 $476,000 $39,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1542081

Northwest Multiple Listing Service (NWMLS)

APN: 283710-0060