Listed by John L. Scott, Inc., Bought with Kelly Right RE of Seattle LLC
$1,661,000
SOLD APR 15, 2022
4 Beds
2.5 Baths
2,430 Sq Ft
0.25 Acres

Recently Sold

$684 Per Sq Ft

32% Above List Price

1 Day on Market

Highlights

  • RV Access or Parking
  • Vaulted Ceiling
  • Corner Lot
  • Northwood Elementary School Rated A
  • 2 Fireplaces
  • No HOA

About This Home

As of January 2023

Location, Location, Location!! Value is definitely in the land on this major fixer, but what a property it is! Huge corner lot close to award winning Mercer Island elementary and high schools! Blocks to public library and Mercer Island Boys and Girls Club!Lot is FLAT and fenced! Room for RV parking!Quick commute to Bellevue or Seattle with this convenient north end location!

Last Agent to Sell the Property

Cindy Verschueren

John L. Scott, Inc. License #3777 Listed on: 03/29/2022

John L. Scott, Inc.

Last Buyer's Agent

Joe Zhou

Kelly Right RE of Seattle LLC License #138401

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1907688

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,088

Year Built

  • Built in 1964

Lot Details

  • 0.25 Acre Lot
  • North Facing Home
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Garden
  • Value in Land

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Home Design

  • Fixer Upper
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,430 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • 2 Fireplaces
  • Dining Room

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Schools

  • Mercer Isl High School

Additional Features

  • Patio
  • Water Heater

Community Details

  • No Home Owners Association
  • Library Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 2
  • Assessor Parcel Number 4457300085

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,088

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 1964
  • Inclusions: Dishwasher,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Lucas Heights ADD &POR VAC ALLEY ADJ PLAT
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2430
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 1,201

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Appliances: Dishwasher_, StoveRange_
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Wall to Wall Carpet, Laminate, Wet Bar, Bath Off Primary, Dining Room, Vaulted Ceiling(s), FirePlace, Water Heater
  • Living Area: 2430
  • Main Level Bedrooms: 4
  • Bathrooms: 2.25
  • BathsFullMain: 1
  • FireplacesMain: 2
  • SquareFootageFinished: 2430
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,StoveRange

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved, Value In Land
  • View: No
  • Waterfront: No
  • Direction Faces: North
  • Exterior Features: Wood
  • Property Condition: Fixer
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Utilities: Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • WaterHeaterLocation: fourth bedroom closet
  • WaterHeaterType: electric

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Mercer Island
  • High School: Mercer Isl High
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 4457300085
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.2511
  • Lot Size Sq Ft: 10939
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Gas Available,Patio,RV Parking
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • LotNumber: 1

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2021
  • Tax Annual Amount: 9088

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2022
Closed on
Jan 20, 2023
Sold by
Wang Kai
Bought by
John Kibarian And Gloria Chen Trust
Seller's Agent
Joe Zhou
Kelly Right RE of Seattle LLC
Buyer's Agent
Sandy Sun
COMPASS
List Price
$2,180,000
Sold Price
$2,120,000
Premium/Discount to List
-$60,000
-2.75%
Views
66
Current Estimated Value
$2,392,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,120
Avg. Annual Appreciation
3.41%
Original Mortgage
$1,527,500
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 21, 2022
Closed on
Jan 11, 2023
Sold by
Yang Jinhui
Bought by
Wang Haiyuan
Seller's Agent
Joe Zhou
Kelly Right RE of Seattle LLC
Buyer's Agent
Sandy Sun
COMPASS
List Price
$2,180,000
Sold Price
$2,120,000
Premium/Discount to List
-$60,000
-2.75%
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,527,500
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 21, 2022
Closed on
Dec 1, 2022
Sold by
Wang Haiyuan
Bought by
Yang Jinhui
Seller's Agent
Joe Zhou
Kelly Right RE of Seattle LLC
Buyer's Agent
Sandy Sun
COMPASS
List Price
$2,180,000
Sold Price
$2,120,000
Premium/Discount to List
-$60,000
-2.75%
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,527,500
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2022
Sold by
Bluekai Estate Llc
Bought by
Wang Kai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,527,500
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 29, 2022
Closed on
Apr 12, 2022
Sold by
Bickford Family Trust
Bought by
Bluekai Estate Llc and Bright Home International Realty Llc
Seller's Agent
Cindy Verschueren
John L. Scott, Inc.
Buyer's Agent
Joe Zhou
Kelly Right RE of Seattle LLC
List Price
$1,254,000
Sold Price
$1,661,000
Premium/Discount to List
$407,000
32.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.48%
Original Mortgage
$1,539,350
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2017
Sold by
Bickford L Dale and Bickford Family Trust
Bought by
Bickford L Dale and Bickford Family Trust

Purchase Details

Closed on
Dec 19, 1994
Sold by
Bickford L Dale and Bickford Lorene
Bought by
The Bickford Ltd Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
8.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 1994
Sold by
Graham Keith A
Bought by
Graham Kurtis P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
8.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 1993
Sold by
Bickford Bickford L and Bickford Lorene G
Bought by
Bickford Family Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,120,000 First American Title Insurance
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- Old Republic Title
Warranty Deed $1,661,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed -- Transamerica Title Ins Compa
Warranty Deed -- Transamerica Title Ins Compa
Warranty Deed $120,000 Chicago Title Insurance Co
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,527,500 New Conventional
Previous Owner $1,539,350 New Conventional
Previous Owner $84,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2023 01/23/23 Sold $2,120,000 -2.8% $872 / Sq Ft
01/11/2023 01/11/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $2,180,000 0.0% $897 / Sq Ft
01/05/2023 01/05/23 For Sale $2,180,000 0.0% $897 / Sq Ft
12/30/2022 12/30/22 Pending -- -- --
12/15/2022 12/15/22 Price Changed $2,180,000 0.0% $897 / Sq Ft
12/15/2022 12/15/22 For Sale $2,180,000 +2.8% $897 / Sq Ft
12/08/2022 12/08/22 Off Market $2,120,000 -- --
12/02/2022 12/02/22 For Sale $2,280,000 +7.5% $938 / Sq Ft
10/27/2022 10/27/22 Off Market $2,120,000 -- --
09/21/2022 09/21/22 For Sale $2,280,000 +37.3% $938 / Sq Ft
04/15/2022 04/15/22 Sold $1,661,000 +32.5% $684 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $1,254,000 -- $516 / 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 $14,514 $2,215,000 $1,200,000 $1,015,000
2023 $17,909 $2,120,000 $1,133,000 $987,000
2022 $9,245 $2,919,000 $1,275,000 $1,644,000
2021 $9,088 $1,254,000 $1,050,000 $204,000
2020 $8,210 $1,134,000 $1,000,000 $134,000
2018 $7,964 $1,016,000 $757,000 $259,000
2017 $6,959 $917,000 $685,000 $232,000
2016 $6,478 $854,000 $627,000 $227,000
2015 $6,245 $774,000 $568,000 $206,000
2014 -- $713,000 $525,000 $188,000
2013 -- $612,000 $492,000 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1907688

Northwest Multiple Listing Service (NWMLS)

APN: 445730-0085