Listed by Windermere Real Estate/East, Bought with Olaie
NOT LISTED FOR SALE

Estimated Value: $3,802,377 - $4,184,000

5 Beds
3.5 Baths
4,090 Sq Ft
$974/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $3,800,000 $929 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $23,602/month

39 Days on Market

Highlights

  • Second Kitchen
  • New Construction
  • Property is near public transit
  • Northwood Elementary School Rated A
  • Deck
  • 3-minute walk to Rotary Park

About This Home

As of July 2022

Welcome to American Classic Homes' desirable Burbank plan. This extraordinary residence offers approximately 3,642 square feet of living space plus an additional 448 square foot attached ADU (total square footage is 4,090). The main floor features 10’ ceilings, stunning gourmet kitchen, dining room with butler's pantry and great room with dramatic double Nanawall wall that leads to the covered rear deck. The 2nd floor boasts vaulted ceilings throughout and features a grand primary suite w/ spa-inspired bathroom in addition to the 3 spacious bedrooms and bonus room. This spectacular home includes plenty of parking for boat or RV and offers central air conditioning and multiple smart home features. Approximate completion date is July 15.

Last Agent to Sell the Property

David Eastern

Windermere Real Estate/East License #27365 Listed on: 05/17/2022

Windermere Real Estate/East

Last Buyer's Agent

Yi Liu

Olaie License #25014180

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1935575

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,056

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 10,125 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System
  • Property is in very good condition

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 4,090 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Dining Room
  • Territorial Views
  • Storm Windows

Kitchen

  • Second Kitchen
  • Walk-In Pantry
  • Double Oven
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit

Schools

  • Northwood Elementary School
  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Central Air
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by American Classic Homes
  • Library Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4457300210

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,056

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2022
  • Inclusions: Dishwasher,DoubleOven,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: Yes
  • CalculatedSquareFootage: 4090
  • SeniorExemption: false
  • EstimatedCompletionDate: 2022-07-15
  • NewConstruction: Under Construction
  • Special Features: NewHome
  • Cumulative Days on Market: 1,168

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Double Oven, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Forced Air, Central A/C, Ceramic Tile, Hardwood, Wall to Wall Carpet, Second Kitchen, Bath Off Primary, Double Pane/Storm Window, Dining Room, Vaulted Ceiling(s), Walk-In Pantry, Walk-In Closet(s), Water Heater
  • Living Area: 4090
  • Main Level Bedrooms: 1
  • Bathrooms: 3.5
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 4090
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Double Oven,Microwave,Refrigerator,Stove/Range

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Builder Name: American Classic Homes
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • HeatingCoolingType: Central A/C,Forced Air
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Mercer Island
  • High School: Mercer Isl High
  • Middle Or Junior School: Islander Mid

Lot Info

  • Parcel Number: 4457300210
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.2324
  • Lot Size Sq Ft: 10125
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Electric Car Charging,Fenced-Fully,Gas Available,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: Builder Plans

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 8056

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Northwood Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Jul 11, 2022
Sold by
Redmond Builders Llc
Bought by
Chan Anthony and Xu Siyun
Seller's Agent
David Eastern
Windermere Real Estate/East
Buyer's Agent
Yi Liu
Olaie
List Price
$3,999,950
Sold Price
$3,800,000
Premium/Discount to List
-$199,950
-5%
Current Estimated Value
$3,985,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,594
Avg. Annual Appreciation
1.65%
Original Mortgage
$2,785,912
Outstanding Balance
$2,646,136
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$1,351,366

Purchase Details

Closed on
Dec 11, 2020
Sold by
Gehrig Thomas M and Gehrig Spousal Trust
Bought by
Redmond Builders Llc

Purchase Details

Closed on
Jun 25, 2018
Sold by
Gehrig Dolores
Bought by
Gehrig Thomas M and Gehrig Spousal Trust

Purchase Details

Closed on
Sep 11, 1995
Sold by
Gehrig John and Gehrig Dolores
Bought by
Gehrig John and Gehrig Dolores
Source: Public Records

Range of Values:

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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
Chan Anthony $3,800,000 First American Title
Redmond Builders Llc $1,125,000 Chicago Title Company Of Wa
Gehrig Thomas M -- None Available
Gehrig John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Anthony $2,785,912
Previous Owner Redmond Builders Llc $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold $3,800,000 0.0% $929 / Sq Ft
06/25/2022 06/25/22 Pending -- -- --
06/08/2022 06/08/22 Price Changed $3,799,950 -5.0% $929 / Sq Ft
05/17/2022 05/17/22 For Sale $3,999,950 -- $978 / 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 $22,634 $3,456,000 $1,206,000 $2,250,000
2023 $24,314 $3,246,000 $1,138,000 $2,108,000
2022 $7,781 $3,964,000 $1,281,000 $2,683,000
2021 $8,056 $1,055,000 $1,055,000 $0
2020 $6,403 $1,005,000 $1,005,000 $0
2018 $6,237 $794,000 $794,000 $0
2017 $5,355 $718,000 $718,000 $0
2016 $4,981 $657,000 $657,000 $0
2015 $4,819 $595,000 $595,000 $0
2014 -- $550,000 $550,000 $0
2013 -- $501,000 $501,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1935575

Northwest Multiple Listing Service (NWMLS)

APN: 445730-0210