Listed by COMPASS, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

4216 85th Ave SE Mercer Island, WA 98040

Mercerwood Neighborhood

Estimated Value: $3,178,000 - $3,470,000

5 Beds
4 Baths
3,815 Sq Ft
$880/Sq Ft Est. Value

Last Sold March 17, 2014

Last sale price $1,449,950 $380 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $19,406/month

85 Days on Market

About This Home

As of March 2014

JayMarc Homes introduces its newest premier residence to Mercer Island - The Palermo! Over 3815 sq ft offers 5 bdrms, 4 full baths, distinctive formal dining, impressive den+large bonus room. High vaulted ceilings+detailed mill work complete the look.You'll discover ALL the amenities you've come to expect from JayMarc: Luxurious island kitchen with Wolf applcs, granite,millwork; the attention to detail is evident throughout.Generous master suite boasts 5 piece bath,walk-in closets. Welcome home!

Last Agent to Sell the Property

Daniel Sessoms

COMPASS License #24492 Listed on: 10/04/2013

COMPASS

Co-Listed By

Don Samuelson

Coldwell Banker Bain License #1983

Last Buyer's Agent

Mary Tung

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM551915

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$20,187

Year Built

2013

Lot Details

0

Listing Details

  • Condition: Very Good
  • Sq Ft Finished: 3815
  • Form 17: Provided
  • Special Features: NewHome
  • Year Built: 2013

Interior Features

  • Appliances: Dishwasher, Double Oven, Garbage Disposal
  • Fireplaces: 1
  • Features: Double Pane/Storm Window, Dining Room, French Doors, Security System, Vaulted Ceilings, Walk-in Closet
  • Fireplaces: 1
  • Floor: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Water Heater Location: garage-Gas

Exterior Features

  • Roof: Composition
  • Homebuilder: JayMarc Homes
  • Exterior: Cement Planked, Stone, Wood Products
  • Foundation: Poured Concrete
  • Lot Details: Paved Street
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Spaces: 3

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Double Oven, Garbage Disposal
  • Heating and Cooling: Forced Air
  • Power Company: Public
  • Sewer: Connected
  • Sewer Company: Public
  • Water Company: Public
  • Water Source: Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2013
Closed on
Mar 12, 2014
Sold by
Jaymarc Homes Across The Bridge Llc
Bought by
Li Tianjun and Shi Hongxiu
Seller's Agent
Daniel Sessoms
COMPASS
Buyer's Agent
Mary Tung
Skyline Properties, Inc.
List Price
$1,575,990
Sold Price
$1,449,950
Premium/Discount to List
-$126,040
-8%
Current Estimated Value
$3,356,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,906,125
Avg. Annual Appreciation
7.44%
Original Mortgage
$850,000
Outstanding Balance
$632,580
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,723,495

Purchase Details

Closed on
Jul 5, 2012
Sold by
Graves Dale E and Graves Judith K
Bought by
Jaymarc Homes Across The Bridge Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
3.63%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Li Tianjun $1,449,950 Chicago Title
Jaymarc Homes Across The Bridge Llc $485,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Tianjun $850,000
Previous Owner Jaymarc Homes Across The Bridge Llc $285,000
Previous Owner Jaymarc Homes Across The Bridge Llc $242,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2014 03/17/14 Sold $1,449,950 0.0% $380 / Sq Ft
12/29/2013 12/29/13 Pending -- -- --
12/14/2013 12/14/13 Price Changed $1,449,950 -3.3% $380 / Sq Ft
11/04/2013 11/04/13 Price Changed $1,499,950 -4.8% $393 / Sq Ft
10/04/2013 10/04/13 For Sale $1,575,990 -- $413 / 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 $20,187 $3,082,000 $1,214,000 $1,868,000
2023 $19,865 $2,895,000 $1,146,000 $1,749,000
2022 $17,826 $3,238,000 $1,290,000 $1,948,000
2021 $17,110 $2,420,000 $1,062,000 $1,358,000
2020 $19,427 $2,137,000 $1,012,000 $1,125,000
2018 $17,398 $2,407,000 $867,000 $1,540,000
2017 $15,190 $2,005,000 $784,000 $1,221,000
2016 $14,129 $1,866,000 $717,000 $1,149,000
2015 $14,392 $1,690,000 $649,000 $1,041,000
2014 -- $1,645,000 $600,000 $1,045,000
2013 -- $1,154,000 $501,000 $653,000
Source: Public Records

Agents Affiliated with this Home

  • Daniel Sessoms

    Seller's Agent in 2014

    Daniel Sessoms

    COMPASS

    (206) 779-9662

    1 in this area

    107 Total Sales

    Daniel Sessoms
    Section Image

  • D

    Seller Co-Listing Agent in 2014

    Don Samuelson

    Coldwell Banker Bain

    Section Image

  • M

    Buyer's Agent in 2014

    Mary Tung

    Skyline Properties, Inc.

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM551915

Northwest Multiple Listing Service (NWMLS)

APN: 182405-9075

Washington King County Mercer Island 98040 Mercerwood

4216 85th Ave SE, Mercer Island, WA

Not Listed for Sale

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Based on information submitted to the MLS GRID

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