NOT LISTED FOR SALE

Estimated Value: $2,394,027 - $2,788,000

5 Beds
3 Baths
3,250 Sq Ft
$787/Sq Ft Est. Value

Last Sold May 26, 2015

Last sale price $1,110,000 $342 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $14,726/month

2 Days on Market

Highlights

  • RV Access or Parking
  • Lake View
  • Northwest Architecture
  • Northwood Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of May 2015

The Pursuit of Perfection at Mercerwood. Captivate your "Island Life" by defining strength of design ~ threading creative living spaces into a journey of innovative renovation. Welcome to a distinctive 5 bedroom "View Mercerwood Retreat", exhibiting well appointed rich hues & fresh soft colors. Many updates to list, for an extraordinary turn-key treasure, only minutes to everything! School District, lifestyle, North-End location, and RV Parking...where the fun begins and memories are cherished.

Last Agent to Sell the Property

James Laurie

Coldwell Banker Bain License #110427 Listed on: 04/07/2015

Coldwell Banker Bain

Last Buyer's Agent

Yang Yang

WeLakeside License #118947

WeLakeside

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM765756

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,062

Year Built

  • Built in 1972

Lot Details

  • Street terminates at a dead end

Property Views

  • Lake
  • Mountain
  • Territorial
  • Limited

Home Design

  • Northwest Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3 Bathrooms
  • 3 Fireplaces
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Mercerwood Community

Listing and Financial Details

  • Assessor Parcel Number 5460600050

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,062

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, French Doors, Security System, Skylights
  • Floor Covering: Ceramic Tile, Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 4
  • Bathrooms: 2.75
  • Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 3
  • Total Half Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Three Quarter Bathrooms Lower: 2
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 3
  • Fireplaces Main: 2
  • Fireplaces Lower: 1
  • Basement: Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3250
  • Square Footage Finished: 3250

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Name: Mercerwood

Schools

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

Lot Info

  • Lot Details: Dead End Street
  • Lot Sq Ft: 9185
  • Parcel Number: 5460600050

Tax Info

  • Tax Amount: 6820

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2023
Sold by
Zhang John and Zhang Yang
Bought by
John Zhang And Yang Yang Trust
Current Estimated Value
$2,556,507

Purchase Details

Listed on
Apr 7, 2015
Closed on
May 12, 2015
Sold by
Spieth Robert and Spieth Susan
Bought by
Zhang John and Yang Yang
Seller's Agent
James Laurie
Coldwell Banker Bain
Buyer's Agent
Yang Yang
WeLakeside
List Price
$1,150,000
Sold Price
$1,110,000
Premium/Discount to List
-$40,000
-3.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$888,000
Interest Rate
2.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 14, 2013
Closed on
Mar 11, 2013
Sold by
Mccain Tracy and Albright Tracy
Bought by
Spieth Robert and Spieth Susan
Seller's Agent
Maureen Rammell
Coldwell Banker Bain
Buyer's Agent
Donald Kenney
Windermere Real Estate Co.
List Price
$949,950
Sold Price
$949,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%

Purchase Details

Closed on
Jan 21, 2011
Sold by
Albright Jerald
Bought by
Albright Tracy

Purchase Details

Closed on
May 26, 2000
Sold by
Bank Of Tokyo Mitsubishi Ltd
Bought by
Albright Ii Jerald D and Albright Tracy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
8.18%
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
John Zhang And Yang Yang Trust -- None Listed On Document
Zhang John $1,110,000 Fidelity Natio
Spieth Robert $949,950 Rainier Title
Albright Tracy -- None Available
Albright Ii Jerald D $575,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhang John $888,000
Previous Owner Albright Ii Jerald D $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2015 05/26/15 Sold $1,110,000 -3.5% $342 / Sq Ft
04/10/2015 04/10/15 Pending -- -- --
04/07/2015 04/07/15 For Sale $1,150,000 +21.1% $354 / Sq Ft
03/14/2013 03/14/13 Sold $949,950 0.0% $292 / Sq Ft
02/16/2013 02/16/13 Pending -- -- --
02/14/2013 02/14/13 For Sale $949,950 -- $292 / 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 $14,062 $2,146,000 $1,177,000 $969,000
2023 $14,150 $2,054,000 $1,111,000 $943,000
2022 $12,336 $2,298,000 $1,250,000 $1,048,000
2021 $12,119 $1,674,000 $1,029,000 $645,000
2020 $11,691 $1,513,000 $980,000 $533,000
2018 $11,345 $1,448,000 $794,000 $654,000
2017 $9,586 $1,307,000 $718,000 $589,000
2016 $8,917 $1,177,000 $657,000 $520,000
2015 $8,596 $1,066,000 $595,000 $471,000
2014 -- $982,000 $550,000 $432,000
2013 -- $746,000 $515,000 $231,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM765756

Northwest Multiple Listing Service (NWMLS)

APN: 546060-0050