NOT LISTED FOR SALE

Estimated Value: $3,480,000 - $3,960,000

4 Beds
1 Bath
2,510 Sq Ft
$1,505/Sq Ft Est. Value

Last Sold October 21, 2016

Last sale price $1,950,000 $777 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $22,705/month

112 Days on Market

Highlights

  • Lake View
  • Deck
  • 3 Fireplaces
  • West Mercer Elementary School Rated A
  • Wood Flooring
  • Double Oven

About This Home

As of October 2016

Solid home with several updates. Great estate size property. The large lot potentially could be 3 building sites. View of Lake Washington, the Olympic Mountains and city from existing home. Very convenient North End location. Current home has large vaulted ceiling in the living & dining rooms. Master on the main. Basement has been completely remodeled with the assistance of Mithun Architecture, and can be used as a separate apartment.

Last Agent to Sell the Property

Tim Conway

John L. Scott, Inc. License #5506 Listed on: 12/22/2014

John L. Scott, Inc.

Last Buyer's Agent

Gabe Rosenshine

Alchemy Real Estate License #13753

Alchemy Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM725859

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,177

Year Built

  • Built in 1956

Lot Details

  • Street terminates at a dead end
  • Partially Fenced Property
  • Level Lot
  • Garden
  • Value in Land
  • Property is zoned R9.6

Parking

  • Attached Garage

Property Views

  • Lake
  • City
  • Mountain

Home Design

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

Interior Spaces

  • 1 Bathroom
  • 3 Fireplaces
  • Natural lighting in basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 3626500080

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,177

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Garbage Disposal, Microwave, Range/Oven
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 3
  • Lower Level Bedroom: 1
  • Bathrooms: 2.25
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 3
  • Fireplaces Main: 2
  • Fireplaces Lower: 1
  • Basement: Daylight
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2510

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating And Cooling: Radiant
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: Garage and Basement-Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mercer Island
  • Project: Island Ridge Trs
  • 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: 2
  • Lot Details: Dead End Street, Paved Street, Value In Land
  • Lot Dimensions: 111 X 304
  • Lot Sq Ft: 33827
  • Lot Topography Vegetation: Garden Space, Level, Partial Slope, Rolling
  • Parcel Number: 3626500080
  • Zoning Code: R9.6
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level, Partial Slope, Rolling

Rental Info

  • Monthly Rentif Rented: 1650

Tax Info

  • Tax Amount: 9496

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2020
Sold by
Seascape Homes Llc
Bought by
Lanterman Jonathan P and Lanterman Valerie R
Current Estimated Value
$3,776,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,897,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2018
Sold by
Contemporary Builders Group Llc
Bought by
Seascape Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,094,350
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 22, 2014
Closed on
Oct 20, 2016
Sold by
King Thomas H
Bought by
Contemporary Builders Group Llc
Seller's Agent
Tim Conway
John L. Scott, Inc.
Buyer's Agent
Gabe Rosenshine
Alchemy Real Estate
List Price
$1,950,000
Sold Price
$1,950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%

Purchase Details

Closed on
Mar 15, 2012
Sold by
King Christine B
Bought by
King Thomas H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$668,480
Interest Rate
3.91%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 27, 1996
Sold by
Kretz Alexander W and Kretz Dorothy J
Bought by
King Thomas H and King Christine B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lanterman Jonathan P $2,590,000 First American Title Ins Co
Seascape Homes Llc $2,754,000 Old Republic Title Ltd
Contemporary Builders Group Llc $1,950,000 Old Republic T
King Thomas H -- Stewart Title
King Thomas H $365,000 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lanterman Jonathan P $1,573,090
Closed Lanterman Jonathan P $1,897,500
Previous Owner Seascape Homes Llc $1,578,000
Previous Owner Seascape Homes Llc $1,737,990
Previous Owner Seascape Homes Llc $2,094,350
Previous Owner King Thomas H $668,480
Previous Owner King Thomas H $50,000
Previous Owner King Christine B $390,000
Previous Owner King Christine B $385,000
Previous Owner King Thomas H $359,650
Previous Owner King Thomas H $50,000
Previous Owner King Thomas H $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2016 10/21/16 Sold $1,950,000 0.0% $777 / Sq Ft
04/14/2015 04/14/15 Pending -- -- --
02/03/2015 02/03/15 For Sale $1,950,000 0.0% $777 / Sq Ft
12/22/2014 12/22/14 Pending -- -- --
12/22/2014 12/22/14 For Sale $1,950,000 -- $777 / 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 $22,177 $3,386,000 $1,047,000 $2,339,000
2023 $21,820 $3,180,000 $988,000 $2,192,000
2022 $19,584 $3,557,000 $1,112,000 $2,445,000
2021 $18,798 $2,659,000 $916,000 $1,743,000
2020 $18,440 $2,348,000 $873,000 $1,475,000
2018 $13,695 $1,744,000 $1,734,000 $10,000
2017 $11,758 $1,578,000 $1,568,000 $10,000
2016 $10,938 $1,444,000 $1,434,000 $10,000
2015 $10,590 $1,308,000 $1,298,000 $10,000
2014 -- $1,210,000 $1,200,000 $10,000
2013 -- $1,039,000 $833,000 $206,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM725859

Northwest Multiple Listing Service (NWMLS)

APN: 362650-0080