NOT LISTED FOR SALE

Estimated Value: $3,483,000 - $3,920,000

4 Beds
2 Baths
3,900 Sq Ft
$932/Sq Ft Est. Value

Last Sold July 09, 2018

Last sale price $2,815,000 $722 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $20,925/month

9 Days on Market

Highlights

  • Waterfront Community
  • Docks
  • Fruit Trees
  • West Mercer Elementary School Rated A
  • Lake View
  • Deck

About This Home

As of July 2018

Beautiful view home with private water access on coveted Gold Coast. Spectacular 180 degree views of Lake WA, Olympic Mountains and Seattle from almost every room. Private shared 60ft beach and 5 slip dock. Stunning full renovation in 2016. 2 homes in one with 2 full kitchens, 4 bedrooms & 5 bathrooms. Dream entertainment kitchen with slab granite counters, butler pantry, and wine fridge. Separate entrance to full mother in law. Aprox. 500 sqft day basement shop with wine storage and bathroom.

Last Agent to Sell the Property

Marene Wiley

Windermere Real Estate/East License #134122 Listed on: 05/16/2018

Windermere Real Estate/East

Co-Listed By

Jeffrey Costello

Tribeca NW Real Estate License #26014

Last Buyer's Agent

Donald Kenney

Windermere Real Estate Co. License #17373

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1292901

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,450

Year Built

  • Built in 1987

Lot Details

  • Street terminates at a dead end
  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Garden

Parking

  • Attached Garage

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Flat Roof Shape
  • Wood Siding

Interior Spaces

  • 2 Bathrooms
  • 2 Fireplaces
  • Partially Finished Basement
  • Natural lighting in basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Concrete
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deck
  • Patio

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 7389000030

Community Details

Overview

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

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,450

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, 2nd Master Br, Wine Cellar, Bath Off Master, Dining Room, French Doors, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Concrete, Hardwood, Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Lower Level Bedroom: 2
  • Bathrooms: 4.00
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight, Partially Finished
  • Den or Office: Main
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Family Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3900

Exterior Features

  • Exterior: Wood
  • Roof: Flat
  • View: City, Lake, Mountain
  • Waterfront: Lake
  • Waterfront Frontage: 60

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Tankless Water Heater
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Water Heater: Lower Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mercer Island
  • Community Features: CCRs, Community Waterfront/Pvt Beach

Schools

  • School District: MIS

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 15463
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level, Partial Slope
  • Parcel Number: 7389000030
  • Zoning Jurisdiction: City
  • Lot Topography: Fruit Trees, Garden Space, Level, Partial Slope

Tax Info

  • Tax Amount: 15678

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2018
Closed on
Jul 2, 2018
Sold by
Wiley Robert L
Bought by
Sung Brian C and Sung Mina
Seller's Agent
Marene Wiley
Windermere Real Estate/East
Buyer's Agent
Donald Kenney
Windermere Real Estate Co.
List Price
$2,598,000
Sold Price
$2,815,000
Premium/Discount to List
$217,000
8.35%
Current Estimated Value
$3,634,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$819,620
Avg. Annual Appreciation
3.52%
Original Mortgage
$1,999,950
Outstanding Balance
$1,737,087
Interest Rate
4.6%
Estimated Equity
$1,897,533

Purchase Details

Closed on
Jun 5, 2017
Sold by
Wiley Robert L
Bought by
Wiley Robert L and Wiley Wendy K

Purchase Details

Closed on
Dec 9, 2015
Sold by
Willey Robert L
Bought by
Willey Robert L

Purchase Details

Closed on
Aug 25, 2008
Sold by
Wiley Robert L
Bought by
Wiley Robert L

Purchase Details

Closed on
Aug 24, 1998
Sold by
Wiley Robert L and Wiley Mary Ann T
Bought by
Wiley Robert L and Wiley Mary Ann T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sung Brian C $2,815,000 Chicago Title
Wiley Robert L -- None Available
Willey Robert L -- Chicago Title
Wiley Robert L -- None Available
Wiley Robert L -- None Available
Wiley Robert L -- --
Wiley Mary Ann T -- --
Wiley Robert L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sung Brian C $1,999,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2018 07/09/18 Sold $2,815,000 +8.4% $722 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $2,598,000 -- $666 / 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 $21,450 $3,275,000 $2,217,000 $1,058,000
2023 $21,181 $3,076,000 $2,092,000 $984,000
2022 $18,937 $3,440,000 $2,354,000 $1,086,000
2021 $18,174 $2,571,000 $1,938,000 $633,000
2020 $18,511 $2,270,000 $1,846,000 $424,000
2018 $17,961 $2,294,000 $1,613,000 $681,000
2017 $15,678 $2,070,000 $1,459,000 $611,000
2016 $14,588 $1,926,000 $1,334,000 $592,000
2015 $14,060 $1,745,000 $1,208,000 $537,000
2014 -- $1,607,000 $1,117,000 $490,000
2013 -- $1,608,000 $1,164,000 $444,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1292901

Northwest Multiple Listing Service (NWMLS)

APN: 738900-0030