Listed by Windermere Mercer Island, Bought with RE/MAX Metro Realty, Inc.
NOT LISTED FOR SALE

4245 Mercerwood Dr Mercer Island, WA 98040

Mercerwood Neighborhood

Estimated Value: $4,722,000 - $5,178,901

5 Beds
5 Baths
5,930 Sq Ft
$830/Sq Ft Est. Value

Last Sold April 30, 2013

Last sale price $2,200,000 $371 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $28,693/month

7 Days on Market

About This Home

As of April 2013

A symphony of views…Mt. Rainier, Lake Washington, Cascades & City Lights, coupled with Outdoor Pool & Patio…Simply Stunning! Cross the threshold of this luxury home & instantly be captivated by dramatic spaces, extraordinary detail & sublime finishes that create an unparalleled interior... Designed with today’s living & entertaining in mind! The location is perfection… Nestled in the arms of a culdesac on the northeast side of the island Just moments to Bellevue & minutes to Downtown!

Last Agent to Sell the Property

Terry Donovan

Windermere Mercer Island License #48111 Listed on: 03/12/2013

Windermere Mercer Island

Last Buyer's Agent

Laura Townsend

RE/MAX Metro Realty, Inc. License #14024

RE/MAX Metro Realty, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM458147

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$22,308

Year Built

1991

Lot Details

0

Listing Details

  • Condition: Very Good
  • Special Features: None
  • Year Built: 1991

Interior Features

  • Basement: Daylight, Fully Finished
  • Features: Wet Bar, Bath Off Master, Double Pane/Storm Window, Dining Room, Fireplace in Master Bedroom, French Doors, High Tech Cabling, Jetted Tub, Security System, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-in Closet
  • Fireplaces: 5
  • Floor: Ceramic Tile, Hardwood, Slate, Wall to Wall Carpet
  • Water Heater Location: Basement-Gas

Exterior Features

  • Exterior: Wood Products
  • Foundation: Poured Concrete
  • Lot Details: Cul-de-sac, Paved Street
  • Pool: In-Ground
  • Roof: Composition
  • Site Features: Cable TV, Deck, Full Fence, Natural Gas Available, High Speed Internet, Patio, Sprinkler System
  • View: City, Lake, Mountain

Garage/Parking

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

Utilities

  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Refrigerator, Washer
  • Heating and Cooling: Central A/C, Forced Air
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: City Of MI
  • Water Company: City of MI
  • Water Source: Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2013
Closed on
Apr 12, 2013
Sold by
Holstead George B and Holsteadalso Sandra M
Bought by
Friedman Charles and Friedman Jill
Seller's Agent
Terry Donovan
Windermere Mercer Island
Buyer's Agent
Laura Townsend
RE/MAX Metro Realty, Inc.
List Price
$2,200,000
Sold Price
$2,200,000
Current Estimated Value
$4,924,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,724,725
Avg. Annual Appreciation
6.75%
Original Mortgage
$1,760,000
Outstanding Balance
$1,229,890
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,694,835

Purchase Details

Closed on
Dec 31, 2001
Sold by
Finck George A and Finck Barbara K
Bought by
Holstead George B and Holstead Sandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,015,000
Interest Rate
6.25%

Purchase Details

Closed on
Aug 29, 1996
Sold by
Donnelly Patrick R and Donnelly Donna Lynne
Bought by
Finck George A and Finck Barbara K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
8.2%

Purchase Details

Closed on
Jul 3, 1995
Sold by
Cowan Thomas G and Cowan Karla
Bought by
Donnelly Patrick R and Donnelly Donna Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,000
Interest Rate
7.9%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Friedman Charles $2,200,000 Fidelity Natio
Holstead George B $1,450,000 Transnation Title Insurance
Finck George A $1,010,000 Commonwealth Land Title Ins
Donnelly Patrick R $942,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friedman Charles $500,000
Open Friedman Charles $1,760,000
Previous Owner Holstead George $750,000
Previous Owner Holstead George B $400,000
Previous Owner Holstead George B $1,015,000
Previous Owner Finck George A $600,000
Previous Owner Donnelly Patrick R $545,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2013 04/30/13 Sold $2,200,000 0.0% $371 / Sq Ft
03/19/2013 03/19/13 Pending -- -- --
03/12/2013 03/12/13 For Sale $2,200,000 -- $371 / 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 $22,308 $3,406,000 $1,682,000 $1,724,000
2023 $22,447 $3,260,000 $1,587,000 $1,673,000
2022 $19,562 $3,646,000 $1,786,000 $1,860,000
2021 $19,222 $2,656,000 $1,470,000 $1,186,000
2020 $20,800 $2,401,000 $1,400,000 $1,001,000
2018 $20,181 $2,578,000 $1,213,000 $1,365,000
2017 $17,045 $2,326,000 $1,097,000 $1,229,000
2016 $15,858 $2,094,000 $1,003,000 $1,091,000
2015 $15,283 $1,897,000 $908,000 $989,000
2014 -- $1,747,000 $840,000 $907,000
2013 -- $1,321,000 $739,000 $582,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Terry Donovan

    Windermere Corporate

    Section Image
  • Laura Townsend

    Buyer's Agent in 2013

    Laura Townsend

    RE/MAX

    (425) 466-2829

    35 Total Sales

    Laura Townsend
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM458147

Northwest Multiple Listing Service (NWMLS)

APN: 545600-0540

Washington King County Mercer Island 98040 Mercerwood

4245 Mercerwood Dr, Mercer Island, WA

This home is located at 4245 Mercerwood Dr, Mercer Island, WA 98040 since 12 March 2013 and is currently estimated at $4,924,725, approximately $830 per square foot. This property was built in 1991. 4245 Mercerwood Dr is a home located in King County with nearby schools including Northwood Elementary School, Islander Middle School, and Mercer Island High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Based on information submitted to the MLS GRID

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