NOT LISTED FOR SALE

Estimated Value: $1,341,000 - $1,698,000

2 Beds
1 Bath
1,430 Sq Ft
$1,032/Sq Ft Est. Value

Last Sold December 16, 2019

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

Est. 69% increase in value since last sale

Current estimated payment $8,798/month

7 Days on Market

Highlights

  • Lake View
  • Property is near public transit
  • 1 Fireplace
  • West Mercer Elementary School Rated A
  • Wood Flooring
  • 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 Agent to Sell the Property

Robert Potashnick

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

Last Buyer's Agent

Catherine Lord

Windermere R.E. Northeast, Inc License #29760

Windermere R.E. Northeast, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1542081

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $479

Year Built

  • Built in 1953

Lot Details

  • 8,532 Sq Ft Lot
  • Partially Fenced Property

Property Views

  • Lake
  • City
  • Mountain
  • Territorial

Home Design

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

Interior Spaces

  • 1,430 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Dining Room
  • Storm Windows

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport

Location

  • Property is near public transit

Schools

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

Community Details

  • Westside Subdivision

Listing and Financial Details

  • Senior Tax Exemptions
  • Assessor Parcel Number 2837100060

Home Details

Home Type

Single Family

Est. Annual Taxes

$479

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 1953
  • Inclusions: Dishwasher,Dryer,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1430
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: true
  • Special Features: None
  • Cumulative Days on Market: 13

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dryer, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Hardwood, Double Pane/Storm Window, Dining Room
  • Living Area: 1430
  • Main Level Bedrooms: 2
  • Bathrooms: 1
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1430
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Range/Oven,Refrigerator,Washer

Exterior Features

  • Roof: Composition
  • View: City, Lake, Mountain(s), Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fixer
  • Structure Type: House
  • BusLineNearby: true
  • BusRouteNumber: 201/202

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Garage Yn: No
  • Open Parking: No
  • Total Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Fully Fenced
  • Utilities: Sewer Connected, Electricity Available, Oil
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • WaterHeaterLocation: Main Level

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Parcel Number: 2837100060
  • Lot Size Acres: 0.1959
  • Lot Size Sq Ft: 8532
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: KCAR
  • MLSSquareFootageSource: KCAR
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Oil

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 479

MLS Schools

  • Elementary School: West Mercer Elem

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%
Current Estimated Value
$1,475,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$600,416
Avg. Annual Appreciation
9.83%
Original Mortgage
$700,000
Outstanding Balance
$624,873
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$850,543

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
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1542081

Northwest Multiple Listing Service (NWMLS)

APN: 283710-0060