NOT LISTED FOR SALE

Estimated Value: $2,947,000 - $3,390,000

4 Beds
1 Bath
4,230 Sq Ft
$750/Sq Ft Est. Value

Last Sold February 26, 2020

Last sale price $2,434,000 $575 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $19,247/month

6 Days on Market

Highlights

  • Lake View
  • Deck
  • Wood Flooring
  • Northwood Elementary School Rated A
  • Contemporary Architecture
  • 4 Fireplaces

About This Home

As of February 2020

Stunning NW Style. Your exquisite Mercer Island home awaits. Vaulted ceilings & thoughtful floorplan take advantage of sweeping mtn & lake views. Quality finishes: VG fir trim, Loewen windows, teak floors, new wool carpet. Upstairs, inviting family room w/ walls of windows off open kitchen connects to spacious dining, living & office. 4 generous BDRs together on main floor w/ rec room. Ideally located on flat street & walkable to award-winning schools, this is truly a special place to call home.

Last Agent to Sell the Property

Kelly Weisfield

COMPASS License #109428 Listed on: 02/04/2020

COMPASS

Last Buyer's Agent

Adam Bradley

Realogics Sotheby's Int'l Rlty License #132703

Realogics Sotheby's Int'l Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1558679

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,401

Year Built

  • Built in 1961

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Garden

Parking

  • Attached Garage

Property Views

  • Lake
  • City
  • Mountain
  • Territorial

Home Design

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

Interior Spaces

  • 1 Bathroom
  • 4 Fireplaces

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Slate Flooring

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Mercerwood Community

Listing and Financial Details

  • Assessor Parcel Number 5460300045

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,401

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Contemporary
  • Building Information: Built On Lot
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, Hot Tub/Spa, Security System, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Hardwood, Slate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 4
  • Bathrooms: 3.25
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 4
  • Fireplaces Main: 1
  • Den or Office: Upper
  • Dining Room: Upper
  • Family Room: Upper
  • Living Room: Upper
  • Recreation Room: Main
  • Kitchen w/ Eating Area: Upper
  • Estimated Sq Ft: 4230
  • Square Footage Finished: 4230
  • Square Footage Unfinished: 560

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Forced Air, 90%+ High Efficiency
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: Puget Sound Energy
  • Water Company: City of Mercer Island
  • Water Heater: Garage-Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mercerwood

Schools

  • Elementary School: Northwood Elem
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 10315
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 5460300045
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 15597

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2020
Closed on
Feb 19, 2020
Sold by
Yoon Seung Youn
Bought by
Lee Joohak
Seller's Agent
Kelly Weisfield
COMPASS
Buyer's Agent
Adam Bradley
Realogics Sotheby's Int'l Rlty
List Price
$2,299,000
Sold Price
$2,434,000
Premium/Discount to List
$135,000
5.87%
Total Days on Market
6
Current Estimated Value
$3,170,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$736,640
Avg. Annual Appreciation
5.90%

Purchase Details

Closed on
Jul 28, 2005
Sold by
Sessler Brad S and Sessler Diane T
Bought by
Chandrasekaran Verivada and Krishnamurthy Shoba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 19, 2003
Sold by
National Residential Nominee Svcs Inc
Bought by
Sessler Brad S and Sessler Diane T

Purchase Details

Closed on
Sep 4, 2003
Sold by
Horn Robert C and Horn Jody E
Bought by
National Residential Nominee Svcs Inc

Purchase Details

Closed on
Nov 26, 2001
Sold by
Brockman Marilyn
Bought by
Horn Robert C and Horn Jody E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.57%

Purchase Details

Closed on
Apr 19, 1994
Sold by
Paterson Stewart and Paterson Nancy B
Bought by
Brockman Roberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
7.25%
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 Buyer Sale Price Title Company
Lee Joohak -- Fidelity National Title
Lee Joohak $2,434,000 Fidelity National Title
Chandrasekaran Verivada $750,000 Transnation Ti
Sessler Brad S $665,000 Chicago Title
National Residential Nominee Svcs Inc $663,000 Chicago Title
Horn Robert C $612,000 Fidelity National Title
Brockman Roberta $420,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chandrasekaran Verivada $250,000
Previous Owner Chandrasekaren Verivada $250,000
Previous Owner Chandrasekaran Verivada $350,000
Previous Owner Sessler Brad S $500,000
Previous Owner Horn Robert C $275,000
Previous Owner Brockman Roberta $336,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2020 02/26/20 Sold $2,434,000 +5.9% $575 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $2,299,000 -- $543 / 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 $18,401 $2,809,000 $1,230,000 $1,579,000
2023 $18,099 $2,638,000 $1,161,000 $1,477,000
2022 $16,243 $2,950,000 $1,307,000 $1,643,000
2021 $15,591 $2,205,000 $1,076,000 $1,129,000
2020 $16,751 $1,947,000 $1,025,000 $922,000
2018 $16,245 $2,075,000 $830,000 $1,245,000
2017 $14,181 $1,872,000 $751,000 $1,121,000
2016 $13,194 $1,742,000 $687,000 $1,055,000
2015 $12,714 $1,578,000 $622,000 $956,000
2014 -- $1,453,000 $575,000 $878,000
2013 -- $1,249,000 $546,000 $703,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1558679

Northwest Multiple Listing Service (NWMLS)

APN: 546030-0045