J
Seller's Agent in 2024
Juan He
Sea to Sky Realty
(425) 232-1051
1 in this area
90 Total Sales
Listed by Sea to Sky Realty, Bought with Bel-Red Realty Service
4204 88th Ave SE Mercer Island, WA 98040
Mercerwood NeighborhoodEstimated Value: $1,529,000 - $1,888,000
4
Beds
3
Baths
1,600
Sq Ft
$1,108/Sq Ft
Est. Value
Highlights
- RV Access or Parking
- Corner Lot
- Skylights
- Northwood Elementary School Rated A
- No HOA
- 5-minute walk to Rotary Park
About This Home
As of May 2024A rare opportunity to own 1/3-acre lot in a prime north end island location. Sunny rambler perched proudly on an excellent lot in quiet neighborhood. Main house with 3 bedrooms, 2 baths, living room with a sunroom filled with sunlight. Newly remodeled ADU include 1 bedroom, 1 bath & kitchen with separate mailing address. Level private backyard with large patio. Rent the 2 separate units for a good investment income, live in the home for a future investment or bring your imagination to remodel it with ADU or build a dream luxury home on this desirable lot amongst many newly constructed luxury homes. Close to the top rated schools, parks, commuting routes, swimming pool, library and freeway. Truly a beautiful flat lot ready to make your own.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2219447
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,665
Year Built
- Built in 1959
Lot Details
- 0.33 Acre Lot
- Property is Fully Fenced
- Corner Lot
- Value in Land
Parking
- 1 Car Attached Garage
- RV Access or Parking
Home Design
- Flat Roof Shape
- Poured Concrete
- Wood Siding
Interior Spaces
- 1,600 Sq Ft Home
- 1-Story Property
- Skylights
- Wood Burning Fireplace
- Dining Room
Kitchen
- Stove
- Dishwasher
- Disposal
Flooring
- Wall to Wall Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Bathroom on Main Level
Laundry
- Dryer
- Washer
Outdoor Features
- Patio
Schools
- Northwood Elementary School
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- Forced Air Heating System
- Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Mercer Island Subdivision
Listing and Financial Details
- Senior Tax Exemptions
- Assessor Parcel Number 4457300315
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 9, 2024
Closed on
May 30, 2024
Sold by
Lopez-Salvador Edith
Bought by
Jian Jie and Cen Dandan
Seller's Agent
Juan He
Sea to Sky Realty
Buyer's Agent
Qiuying Bai
Bel-Red Realty Service
List Price
$1,750,000
Sold Price
$1,750,000
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,837
Avg. Annual Appreciation
2.68%
Original Mortgage
$550,000
Outstanding Balance
$545,801
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$1,259,159
Purchase Details
Closed on
Apr 16, 2007
Sold by
Salvador Robert C
Bought by
Lopez Salvador Edith
Purchase Details
Closed on
Jan 27, 1998
Sold by
Smith Marilyn J
Bought by
Salvador Robert C and Lopez Salvador Edith
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
7.05%
Purchase Details
Closed on
Apr 21, 1993
Sold by
Roosen-Runge Cherilyn F
Bought by
Smith Marilyn J
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jian Jie | $1,750,000 | Cw Title | |
| Lopez Salvador Edith | -- | None Available | |
| Salvador Robert C | $267,500 | Transnation Title Insurance | |
| Smith Marilyn J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jian Jie | $550,000 | |
| Previous Owner | Lopez Salvador Edith | $217,000 | |
| Previous Owner | Salvador Robert | $200,000 | |
| Previous Owner | Salvador Robert C | $50,000 | |
| Previous Owner | Salvador Robert C | $214,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2024 05/31/24 | Sold | $1,750,000 | 0.0% | $1,094 / Sq Ft |
| 04/19/2024 04/19/24 | Pending | -- | -- | -- |
| 04/09/2024 04/09/24 | For Sale | $1,750,000 | -- | $1,094 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $10,738 | $1,638,000 | $1,363,000 | $275,000 |
| 2023 | $10,769 | $1,568,000 | $1,286,000 | $282,000 |
| 2022 | $9,665 | $1,754,000 | $1,447,000 | $307,000 |
| 2021 | $9,496 | $1,311,000 | $1,191,000 | $120,000 |
| 2020 | $7,847 | $1,185,000 | $1,135,000 | $50,000 |
| 2018 | $7,608 | $971,000 | $867,000 | $104,000 |
| 2017 | $6,430 | $876,000 | $784,000 | $92,000 |
| 2016 | $5,985 | $789,000 | $717,000 | $72,000 |
| 2015 | $5,773 | $715,000 | $649,000 | $66,000 |
| 2014 | -- | $659,000 | $600,000 | $59,000 |
| 2013 | -- | $533,000 | $492,000 | $41,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Qiuying Bai
Bel-Red Realty Service
(425) 985-9686
1 in this area
37 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2219447
APN: 445730-0315
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Based on information submitted to the MLS GRID
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